Page 85 - European Union

Putin warns EU that gas supplies could keep dwindling due to West's fault

Russian President Vladimir Putin said Tuesday that the flow of Russian natural gas to European customers has dwindled due to the West's own fault and warned that it could continue ebbing. Putin's statement further cranked up pressure on the European Union, which fears Russia could cut off gas to wreak economic and political havoc in Europe in the winter. Speaking to Russian reporters in Tehran, where he attended the talks with the leaders of Iran and Turkey, Putin said the amount of gas pumped through the Nord Stream pipeline to Germany will fall further from 60 million to 30 million cubic meters a day, or about one fifth of its capacity, if a turbine isn't quickly replaced. He added that Russia could launch the recently completed Nord Stream 2 pipeline that has never entered service, but noted that it would only have half of its designated capacity because the rest has been used for domestic needs. The Russian leader also warned the West that its plan to cap the prices of Russian

President Xi Jinping's Beijing invite ignored by top Europe leaders

Chinese Foreign Ministry denies the reports

Russian gas shutdown would send some EU countries into recession: IMF

IMF said Europe lacked a comprehensive plan to cope with shortages, further increases in energy prices and the impact on growth, The Guardian reported.

EU agrees additional 500 mn euros in military aid for Ukraine as war drags

The Foreign Ministers of the European Union (EU) member states have agreed to grant Ukraine an additional 500 million euros ($507.7 million) in EU military aid

EU approves 5th tranche of military aid to Ukraine worth 500 mn euros

The EU Council has agreed to allocate the fifth tranche of military assistance to Ukraine worth 500 million euros, European Council President Charles Michel said on Monday."I welcome @EUCouncil political agreement on the fifth tranche to #Ukraine under #EPF. #EU support in military equipment to Ukraine Armed Forces now at 2,5 billion EUR. Europe stands with Ukraine," Michel tweeted.Since the start of the "Russian military operation" in February in Ukraine, the EU has adopted six packages of sanctions against Moscow."Our measures already now target nearly 1,200 individuals and almost 100 entities in Russia as well as a significant number of sectors of the Russian economy. These sanctions were adopted in close coordination with the G7 member, and the fact that over forty other countries, including traditionally neutral countries, have also adopted them or taken similar measures enhances their effectiveness," said Josep Borrell, High Representative of the European Union for Foreign ...

EU zooms in on tighter Russia sanctions; backs military aid to Ukraine

The EU ministers are also looking at ways to add a ban on gold exports in hopes that the measures might finally start to have a decisive impact on the war in Ukraine.

North Macedonia parliament OKs deal to join EU; talks start from Tuesday

North Macedonia has approved a French proposal that opens the way for negotiations to join the EU and overcome Bulgarian objections. There were 68 votes in favour of the proposal in the 120-member chamber, with the leftist coalition, which has 61 seats, getting the backing of small ethnic Albanian parties. Opposition lawmakers left the chamber in protest, abstaining from the vote. Protesters gathered again outside Parliament, as they have done every day for 10 days, but the protest ended peacefully. Under the proposal, announced by French President Emmanuel Macron last month, North Macedonia would commit to changing its constitution to recognise a Bulgarian minority, protect minority rights and banish hate speech, as Bulgaria, an EU member since 2007, has demanded. The deal would also unblock the start of negotiations for neighbouring Albania, another EU hopeful. Macron had stressed that the proposal doesn't question the official existence of a Macedonian language, but he had note

EU to ban Russian gold imports in new sanctions package amid war

The European Commission has adopted a proposal for a seventh package of measures that will ban the importation of Russian gold

The new geopolitics of energy

Energy geopolitics have often been at the root of major conflicts

We could ban Russian fuel imports six months ahead of deadline: EU official

The EU has been reducing imports of Russian oil products since March, after Moscow sent thousands of troops into Ukraine, and agreed a full ban from February 2023

Italian anti-competition watchdog probes Google over data portability abuse

The Italian Competition Authority on Thursday launched an investigation against Google for a possible abuse of dominant position in violation of Article 102 of the Treaty on the Functioning of the EU

Russia's war expected to hit European Union economy, push up inflation

The EU acknowledged that Russian President Vladimir Putin can keep the European economy off balance for months to come and make any forecast highly uncertain

European Union has to look at Asia for oil imports, says UBS report

With the embargo on imports of Russian oil by the European Union (EU) to kick in, the region has to look at other sources, mainly China, said UBS in a report citing an oil industry expert.

Ukrainian PM Denys Shmyhal welcomes 1 bn euro aid package from EU

Ukrainian Prime Minister Denys Shmyhal has welcomed the decision of the European Union (EU) to grant Ukraine a new aid package of 1 billion euros.

Ukraine gets extra 1 bn euros aid from EU amid economic damage due to war

This will give Ukraine the necessary funds to cover urgent needs and ensure the operation of critical infrastructure, said Zbynek Stanjura, finance minister of the Czech Republic

European Union urges second Covid-19 boosters for people ages 60 to 79

The European Union said Monday it's critical that authorities in the 27-nation bloc consider giving second coronavirus booster shots to people between ages of 60-79 years and other vulnerable people

Europe, US urge North Macedonia's parliament to move forward on EU bid

European Union and US leaders are urging North Macedonia's parliament to accept a French proposal that will move the tiny Balkan country closer toward EU membership

EU- UN hold first high-level dialogue and stress ties amid Ukraine war

The European Commission president and United Nations chief opened the first EU-U.N. high-level dialogue Thursday by saying the need to work together is critical

G20 has a Russia-Ukraine problem as India takes up presidency next year

The war has cleaved the group, stalling much of the preparatory work on more substantive issues

G-20 summit in J&K: Setback for Pakistan government, victory for India

Just three years ago not many people could have even thought that Jammu and Kashmir would host the G-20 summit. However, the time has changed and has changed for the good. J&K known as "terror capital" of India till August 5, 2019 -- when the Centre announced its decision to abrogate the so-called special status of the Himalayan region and bifurcated it into two Union Territories -- has emerged as the tourism capital of India.