Xi leaves China for first time since Covid pandemic began to meet Putin
Xi Jinping will leave China this week for the first time in more than two years for a trip to Central Asia where he will meet Vladimir Putin just a ...
Turkey accuses Greece of harassing vessel, firing shots in the Aegean
The Turkish foreign ministry has made new allegations against Greece, claiming that Greek coastguard vessels on Saturday harassed the Comoros-flagged Ro-Ro ship Anatolian, and fired warning shots some 11 nautical miles ...
Swedes head to polls in close-run election marked by crime, energy crisis (Update 1)
Swedes voted on Sunday in an election pitting the incumbent centre-left Social Democrats against a right-wing bloc that has embraced the anti-immigration Sweden Democrats as it tries to win back ...
Putin discusses Ukrainian nuclear plant with Macron
Russian President Vladimir Putin and his French counterpart Emmanuel Macron discussed the security situation at the Zaporizhzhia nuclear plant in Ukraine, the Kremlin said on Sunday.
Speaking by phone, the ...
Aer Lingus cancels all flights from Dublin due to IT glitch
Aer Lingus cancelled all of its afternoon flight departures from Dublin airport on Saturday as connection problems in its reservation systems disrupted check-in and boarding processes, the company said.
The ...
Greek PM Mitsotakis to promise more cost-of-living support
Greek Prime Minister Kyriakos Mitsotakis is expected on Saturday to announce further funding to cushion the impact of an energy crisis and soaring inflation on the nation’s households, a ...
European businesses ask for government support measures
The Cyprus Chamber of Commerce & Industry (Keve) this week said that Eurochambers, the association of European chambers of commerce, has requested immediate support measures for businesses against the rising ...
Zelenskiy to appeal directly to U.S. defense companies
Ukrainian President Volodymyr Zelenskiy is scheduled to speak to US arms makers and military leaders on September 21, when he is expected to make an appeal for more weapons for his ...
Romanian low cost carrier Blue Air extends flight cancellation until October 10
Romanian low cost air carrier Blue Air said on Friday it will cancel all flights until October 10, extending a halt in operations by a month, saying it cannot pay for ...
Four detained after Germany’s largest ever heroin seizure
Four people were detained after police made their largest ever seizure of heroin in Germany, prosecutors said on Friday, with police confiscating some 700 kilos as part of an operation against ...
US says Russia oil price cap should reflect historical prices, curb Putin profit
The price cap that G7 countries want to impose on Russian oil to punish Moscow should be set at a fair market value minus any risk premium resulting from its ...
EU to claw back energy firms’ profits rather than cap Russian gas price
European Union energy ministers on Friday tasked Brussels with drafting proposals within a few days to cap the revenues of non-gas energy producers and help power firms stay afloat.
But ...
EU makes it harder for Russian tourists to enter bloc from Monday
The European Union will make travelling to the bloc more difficult and expensive for Russians from Monday after it formally backed suspending a visa facilitation agreement over Russia’s invasion ...
Euro leaps parity on ECB, world stocks hit one-week high
The euro rose back above parity to a two-week high against the dollar on Friday following a large rate hike and hawkish comments from the European Central Bank, while a ...
ECB lifts rates by unprecedented 75 bps to fight inflation
The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled further hikes, prioritising the fight against inflation even as the bloc’s ...
Greece to repay euro zone bailout loans early for first time
Greece will repay ahead of schedule 2.7 billion euros of loans owed to euro zone countries under the first bailout it received during its decade-long debt crisis, finance ministry officials told ...
Euro holds above 2-decade low before ECB decision
The euro was hovering above Tuesday’s two-decade low on Thursday as investors awaited a policy decision from the European Central Bank (ECB) and comments from the head of the ...
ECB poised for another big rate hike as inflation soars
The European Central Bank will raise interest rates again on Thursday to fight runaway inflation and, with a big move and a record one under consideration, the only question is ...
Europe’s banks dim lights as they brace for winter blackout
Some of Europe’s biggest banks are preparing back-up generators and to dim the lights as they brace for potential power cuts and energy rationing that threaten the money system ...
Greece tells state entities to save energy or risk losing funding
Greek state entities will risk losing government funding if they fail to implement a government energy-saving plan, ministers said on Wednesday, as the country, like its European peers, struggles with ...
Russia’s Putin says West is failing, the future is in Asia
President Vladimir Putin said on Wednesday that the West was failing because a futile and aggressive attempt to isolate Russia with sanctions was destroying the global economy just as Asia ...
Netherlands warns against EU carbon market fundraising plan
The Netherlands has warned other European Union countries that an EU plan to use a carbon market reserve to finance their exit from Russian gas would undermine the bloc’s ...
Big rate hike won’t save euro as energy shock deepens
The hit to the euro zone economy and its currency from a deepening energy crisis is so severe that more aggressive monetary tightening from the European Central Bank will do ...
Volkswagen triggers landmark Porsche IPO plan, defying market doubts
Volkswagen (VOWG_p.DE) on Monday announced its intention to float sports car brand Porsche, triggering what could become one of the world’s largest listings even as record inflation ...