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EU lending arm says it will resist pressure to invest in weapons
A senior official at the European Investment Bank said that the EU’s lending arm will resist pressure to invest in the defense industry, though...
Transgaz Romania takes over Gazprom’s operations in Republic of Moldova
Romania’s gas transmission system operator Transgaz has announced the acquisition of Gazprom’s operations in the Republic of Moldova, a strategic move likely to further...
EU reshuffles Commission as antitrust chief Vestager vies for bloc’s top banking job
The European Union’s Commission is reshuffling more of its top management because antitrust chief Margrethe Vestager of Denmark is seeking to become the president...
Romanian President says Russian attacks have come close but haven’t hit his country
Romanian President Klaus Iohannis on Tuesday said attacks are occurring close to Romania's border with Ukraine but no drone or other device landed in...
Oil jumps as Saudi Arabia and Russia extend supply cuts to end-2023
Oil prices jumped about 2% on Tuesday after Saudi Arabia and Russia announced a fresh extension to their voluntary supply cuts, stretching a combined...
ECB says consumer inflation expectations edged up in July
Consumer expectations for euro-area inflation inched up in July, remaining above the European Central Bank’s 2% target as officials ponder whether to hike or...
EU seizes on Putin and Xi’s G20 absence to engage Africa
The European Union plans to take advantage of the absence of Xi Jinping and Vladimir Putin from this week’s Group of 20 to step...
Europe’s gas price premium for November makes hoarding lucrative
A higher natural gas price in Europe in November is making it lucrative to hold back supplies for a month until the arrival of...
Kim to meet Putin as Russia seeks closer military ties with North Korea
Kim Jong Un plans to travel to Russia this month to meet President Vladimir Putin and discuss the possibility of supplying Moscow with weapons...
Ukraine says Russian drones hit NATO member Romania, Bucharest denies report
Ukraine said on Monday that Russian drones had detonated on the territory of NATO member Romania during an overnight air strike on a Ukrainian...