Latest Europe News
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EU Seeks Energy Integration as U.S. Shale Gas Widens Price Gap
European Union leaders are set to urge faster integration of the bloc's power and natural-gas markets to lower energy prices as the U.S. shale-gas revolution widens the EU's cost gap with its largest trading partner. The 27-nation EU must accelerate efforts to implement energy legislation aimed at breaking down national barriers by 2014 and develop interconnections to end the ...
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European markets soft at open
(10 mins ago) Europe's main stock markets eased slightly in opening deals today. London's benchmark FTSE 100 index fell 0.17 percent to 6,792.58 points. Frankfurt's DAX 30 inched down 0.05 percent to 8,467.56 points and in Paris the CAC 40 dipped 0.02 percent to ...
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Europe Markets Europe stocks weak ahead of Bernanke comments
LONDON (MarketWatch) -- European stock markets slipped from multiyear highs in downbeat action on Wednesday, as investors stayed cautious ahead of comments from the U.S. Federal Reserve Chairman Ben ...
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Germany celebrates composer Wagners 200th
BERLIN (AP) -- Germany is celebrating the 200th anniversary of Richard Wagner with the unveiling Wednesday of a monument in the composer's birthplace of ...
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France deserts the sinking ship of Europe
A few days ago the news emerged that France might be preparing to leave the EU. Marine Le Pen, head of "National Front" party, argues that France has no future in the EU, and if the country wants to develop further, it should seriously consider the option of self-navigation. Is this the case and what could France expect if it is no longer a member of the ...
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UEFA Grassroots Newsletter out
The latest edition of UEFA's grassroots publication highlights UEFA Grassroots Day and emphasises UEFA's firm commitment to nurturing the foundations of the ...
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EU leaders look to energy for growth boost
BRUSSELS (AFP) - EU leaders, desperate to give growth a boost, target energy policy Wednesday amid concerns a US-led revolution in shale oil and gas development will reshape the global economy and leave Europe far behind.Stuck in the doldrums, Europe has lost nearly all momentum as the debt crisis bites deeper and sends unemployment soaring, with governments scrambling as they can to find some ...
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Bulgarian Turkish Transport Ministers Mull Truck Problem
Bulgarian caretaker Transport Minister, Kristian Krastev, is to meet with Turkish counterpart, Binali Yildirim, in Leipzig, Germany, on Wednesday. The news was reported Valentin Bozhkov, Director of the Automobile Administration (Bulgaria), cited by the FOCUS News Agency. This is the first meeting of the two countries' transport ministers since January 2012. Krastev and Yildirim, who ...
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Notre-Dame de Paris suicide a political act – far-rightist Marine Le Pen
France's far-right party leader Marine Le Pen has paid tribute to the man who killed himself in the Notre-Dame de Paris cathedral, saying it was a "political ...
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European olive oil rules are bizarre says prime minister
Plans by the European Commission to stop restaurants placing refillable cruets of olive oil on tables are 'bizarre', says Dutch prime minister Mark Rutte. Brussels says the rules, which require olive oil bottles to be sealed and labelled, are necessary to ensure customers know exactly what they are eating and that the oil is of good quality. Rutte said the Netherlands had campaigned ...
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Europe Needs Big Reforms Bank of Canadas Carney
Europe could face a decade of stagnation unless it makes big reforms and should heed the lessons of Japan, Bank of Canada Governor Mark Carney said on Tuesday as he highlighted Japan's bold moves to bolster growth.In his final speech as Canadian central bank chief before taking over the Bank of England on July 1, Carney said Europe's recessionary economy is being held back by fiscal ...
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Positive signs in Europe hard won
In early May, the European Commission issued its latest spring forecast and data showed that the eurozone economy was still in recession. Recently, many international agencies regarded Europe as the "short board" of the global economic recovery; the Italian election impasse and Cyprus banking crisis reignited euro ...
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UN Asks Russia for More Peacekeepers
NEW YORK, May 22 (RIA Novosti) – Russia has been asked to increase the level of staff it commits to UN peacekeeping missions around the world, Russian Interior Minister Vladimir Kolokoltsev said after meeting with the UN Undersecretary General for Political Affairs in New York. "Our peacekeepers are in great demand. We have been asked to increase the number of peacekeepers involved ...
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Bouteflika remains in France - Sellal
Algiers - Algeria's prime minister, reacting to reports that President Abdelaziz Bouteflika is seriously ill, said the 76-year-old was recovering in France but had been ordered by his doctors to ...
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European shares steady near multi-year highs
LONDON | Wed May 22, 2013 3:10am EDT LONDON May 22 (Reuters) - European shares steadied near multi-year highs on Wednesday, as caution ahead of testimony from the head of the U.S. Federal Reserve later in the day tempered the equity rally. However, traders said any equity pull-back would be relatively limited and short-lived and could provide more buying opportunities. The pan-European ...
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Young and dynamic social entrepreneurship in Austria
Social entrepreneurship in Austria is still a young sector - 75% of all initiatives are not older than four years. But they are growing constantly - as is the awareness about what social entrepreneurship is and how social innovation can contribute to societal development.According to a recent study by ...
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Insight No more easy pickings in Russias banking market
MOSCOW (Reuters) - Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained ...
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Tackling corporate tax avoidance set to top Brussels summit agenda
Concern at aggressive tax avoidance by some of the biggest global corporations looks set to sit high on the agenda at Wednesday’s European summit in Brussels. Britain and France have pushed the issue. On Monday so did the president of the EU Commission. ';The total of loss of revenue due to illegal and unacceptable evasion is estimated to be around one trillion euros a year. ...
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Focus on Irish tax laws as Kenny heads for Brussels
Ireland's tax laws will come under the spotlight again today when the Taoiseach attends a European Council meeting in Brussels.The talks follow the publication yesterday of a report by the US Senate which claims that Ireland's tax laws enabled the tech giant Apple to avoid paying billions of dollars in tax.Enda Kenny denied the claim in the Dil and said that Ireland doesn't ...
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Belgiums Elia interested in stakes in Dutch French grids
BRUSSELS | Wed May 22, 2013 2:59am EDT BRUSSELS May 22 (Reuters) - Belgium's power grid operator Elia would consider buying stakes in Dutch grid firm TenneT and French operator RTE, owned by state-controlled electricity company EDF, a spokeswoman said on Wednesday. "They are really in same market zone as Elia, since they are neighbouring countries this makes it interesting ...
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Russian banker has his eye on Europe
Wed May 22, 2013 2:32am EDT * Igor Kim has bought up Russian units of foreign banks * Expobank is already present in Latvia * Now focused on corporate lending but is open to new ideas By Katya Golubkova and Oksana Kobzeva MOSCOW, May 22 (Reuters) - Igor Kim snapped cast-off assets from foreign banks pulling out of Russia and now the banker says he wants to expand into Europe. Kim, 47, emerged ...
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Europe Factors to Watch-Shares seen mixed before Bernanke testimony
* Adds further detail, analyst comment, company news items PARIS, May 22 (Reuters) - European stocks are seen mixed on Wednesday, with the market's month-long rally taking a breather as investors await clues from U.S. Federal Reserve Chairman Ben Bernanke on the central bank's stimulus measures before increasing their exposure to equities. At 0619 GMT, futures for Euro STOXX 50 were up ...
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Mehriban Aliyeva holds meetings in National Assembly of France - PHOTOS
A delegation, headed by the First Lady of Azerbaijan, President of the Heydar Aliyev Foundation, President of Azerbaijani-French Working Group on Inter-Parliamentary Relations Mehriban Aliyeva, is on a visit to Paris. According to AzerTag, Mehriban Aliyeva visited the National Assembly of France on 21 May. The First Lady was welcomed by the head of the National Assembly, Claude ...
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Vodafone Europe’s slump eats into sales
Vodafone would not distribute a £2.1 billion (R30bn) dividend from US venture Verizon Wireless to investors as it battled to reverse declines in European markets, the biggest cellular operator said yesterday. Service sales fell 4.2 percent in the quarter to March, the third consecutive quarterly drop, as customers in Europe cut costs, it said yesterday. Management is cutting jobs and ...
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Ambassador hails Chinese Bridge language contest in Russia
Chinese Ambassador Li Hui said Tuesday the success of the Chinese language competition was a living embodiment of the ever-deepening relations between Russia and China."The success of the competition will definitely help the spread of the Chinese language in Russia," Li told Xinhua in an exclusive interview.Li said he believed the success of the competition is a vivid testament to the ...
Denmark Discussion
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Denmark's Russian relationship
Danish relations with Russia have existed for several centuries, with the first recorded diplomatic relations dating from 1493, when King Hans and Ivan III signed a treaty aimed at planning an offensive against Sweden and Lithuania. Since then the relations between the two countries have grown closer, frayed, become tense, reconciled and stagnated at different points throughout the history of their respective political development.
Denmark and Russia have always been economically and politically important to one another though. Denmark, since the end of the Cold War, has acted as a bridge between the east and west, and during much of the tumultuous politics of the post-war and Cold War period, remained largely neutral in many affairs concerning Russia. In 1939 the country refused to support measures to expel Russia from the then-League of Nations, and resisted attempts by Nordic countries to set up a defense alliance for the region. Read more
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