Browsing: Europe

The confiscation of Moscow’s frozen funds could undermine international order, the head of the European Central Bank warns

Failure to condemn the Israeli bombing of Tehran’s consulate in Syria spurred the latest violence, Russia’s ambassador has argued

While numerous differences underscore Lagarde’s point, Europe does not exist in a vacuum and problems in the U.S. are bound to make their way across the Atlantic, albeit over time and in a more muted form, economists say

The report is being drafted by Enrico Letta, a former Italian prime minister, to find ways to bolster the European Union’s single market and so help boost its competitiveness against rival economies such as the United States and China

Latvia significantly increased the volume of grain bought from Russia in the first quarter of 2024, the state revenue service in Riga announced on Monday. The Baltic nation recently announced a ban on some Russian imports, but exempted two key products.

The EU increased natural gas purchases from Russia in 2023, despite pledging to phase out all Russian fuel imports by 2027, Reuters reported on Wednesday, citing calculations based on the bloc’s trade statistics.

The ECB kept borrowing costs at record highs at the meeting but started to cautiously lay the groundwork to lower them in June

LONDON – European stocks rose to a new all-time high on Tuesday and the dollar held firm, as traders reduced their expectations for U.S. Federal Reserve rate cuts and waited for euro zone inflation data to give clues about the European Central Bank’s path.

Attracted by better wages, the Emirates has witnessed an influx of professionals and workers from Asia, the US, Europe and the Middle East

Moscow has introduced tight requirements for companies wishing to divest, ensuring local buyers receive major discounts on businesses that are leaving