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Europe
Confidence in Eurozone Economy Virtually Stable
Eurozone consumer and business economic confidence stabilized in May after a previous decline as a result of the war in Ukraine. The sentiment among entrepreneurs was somewhat more gloomy. On the other hand, confidence…
Erdogan Continues to Reject Finland and Sweden Joining NATO
The Scandinavian countries Sweden and Finland are striving to join NATO. A majority of Parliament in Stockholm voted in favour of the historic step on Monday. Meanwhile, Turkey is threatening to block the entry of the…
Google: Deals With 300 News Media About Paying for Articles
Tech company Google has concluded deals with more than 300 news organizations in the European Union about payment for posting their articles in its search engine.
Alphabet's subsidiary does not disclose how much…
ECB Boss Hints at Possible Interest Rate Hike Next Summer
The European Central Bank (ECB) is expected to raise interest rates in July. ECB president Christine Lagarde hinted at a first interest rate hike next summer.
During a meeting in Slovenia's Ljubljana, Lagarde…
Opponents of Mandatory Corona Pass EU Parliament are Wrong
The European Parliament can ask its members to show corona proof to be allowed in. MEPs from JA21, SGP and some supporters objected to that rule but were proved wrong by the European court.
The parliament makes…
Italy Will Also Purchase Gas From Angola
After Algeria and Egypt, Italy also signed an agreement with Angola to supply gas. The southern European country wants to limit its dependence on Russian gas further.
According to energy minister Roberto…
Israel Wants to Help Europe Get Rid of Russian Gas
Israel wants to help Europe become less dependent on gas from Russia. The country in the Middle East wants to draw on gas reserves, after which the important energy source can be transported to Europe through new…
Eurozone Inflation is Also Rising Sharply
Inflation in the eurozone rose sharply in March due to the war in Ukraine. As a result, prices rose sharply; according to the European statistical office Eurostat, life became considerably more expensive.
…
Zelensky Thinks Russia Should Have Been Punished for MH17
Ukrainian President Volodimir Zelensky told the Australian parliament that Russia should have been punished for the shooting down of flight MH17 over eastern Ukraine in 2014.
"If Russia had been punished for…
Ukrainian President Zelensky Calls on Germany to Tear Down New Wall Being Erected in Europe
Ukrainian President Volodymyr Zelensky on Thursday called on Germany to tear down the new "wall" he says has been erected in Europe since Russia invaded his country. Zelensky gave a speech to the Bundestag via video…