european-economies
Top StoriesUkraine’s Zelenskiy Looks to EU Offer as Russia Pounds Cities
Top StoriesEU to Grant Ukraine Candidate Status in ‘signal to Moscow’
Top StoriesA Dozen EU Countries Affected by Russian Gas Cuts, EU Climate Chief Says
Top StoriesUkraine and Russia: What You Need to Know Right Now
Ukraine Takes Tentative Step Towards EU Membership as Donbas Battles Reach ‘fearsome Climax’
Date: June 23, 2022
By Pavel Polityuk and Vitalii Hnidyi KYIV (Reuters) – Ukraine will be accepted as a candidate to join the European Union on Thursday, a move that will boost the country’s morale as the battle with Russian troops for two cities in the east reached what one official called a “fierce climax”. Although the approval of...
‘Wind of Change’ in Europe as Path to EU Opens for Ukraine
Date: June 23, 2022
By Philip Blenkinsop and Marine Strauss BRUSSELS (Reuters) -European leaders will formally accept Ukraine as a candidate to join the EU on Thursday, a bold geopolitical move triggered by Russia’s invasion of Ukraine but a reminder that the 27-nation bloc will need a major overhaul as it looks to enlarge again. “History is on the...
Britain’s Ineos Signs 20-year Lng Deal With Sempra Infrastructure
Date: June 22, 2022
By Nora Buli (Reuters) – Britain’s INEOS Energy, part of INEOS Group, has signed an agreement with U.S. firm Sempra Infrastructure for the supply of 1.4 million tonnes per annum of liquefied natural gas (LNG) from North America for 20 years, it said on Wednesday. It marks INEOS’s entry into the global LNG market, with...
Insurance Watchdog Calls for pan-EU Policy Protection
Date: June 21, 2022
LONDON (Reuters) – Harmonised insurance protection schemes of last resort are needed across the European Union as consumers increasingly buy policies from outside their country, the bloc’s insurance regulator said on Tuesday. Petra Hielkema, chair of the European Insurance and Occupational Pensions Authority (EIOPA), said cross-border premiums have been steadily increasing over the past five...
Explainer: Why Russia Drives European and British Gas Prices
Date: June 17, 2022
By Susanna Twidale LONDON (Reuters) – Benchmark European and British gas prices are on course for gains of more than 50% this week after Russia said capacity of its Nord Stream 1 pipeline, which take gas directly to Germany, would be cut by around 60%, dramatically reducing European gas supply. Below are some of the...
European Leaders Meet Zelenskiy in Kyiv for First Time Since War Began
Date: June 16, 2022
By Simon Lewis IRPIN, Ukraine (Reuters) -The leaders of France, Germany, Italy and Romania met Ukrainian President Volodymyr Zelenskiy on Thursday in a show of support which Kyiv hopes will be followed by more weapons and tougher action to help in the war with Russia. In the first such visit to the capital since Russia...