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Germany sounds Ukraine alarm as EU mulls next move MILAN: Germany warned on Friday that the Ukraine crisis was spiralling "out of control", as European Union foreign ministers grappled with how to respond to what some termed a Russian invasion."The situation in Ukraine is entering a new dimension," German Foreign Minister Frank-Walter Steinmeier told reporters on the sidelines of talks with his EU counterparts in Milan. "All our hopes of de-escalation have been disappointed and the situation is showing signs that it is now out of control."The foreign ministers were meeting on the eve of a summit of EU leaders which will consider further sanctions against Moscow and steps to support Ukraine in the hope of heading off a direct confrontation between Russian and Ukrainian troops.That prospect has begun to look like an explosive possibility following NATO's announcement this week that 1,000 Russian troops are fighting alongside pro-Moscow separatists in Ukraine -- a depiction of events that is disputed ...

UK, French police hunt for seriously ill boy taken from hospital LONDON: British and French police launched a major hunt on Friday to find a seriously ill young boy taken from a hospital by his parents, saying that unless he was found quickly his life could be at risk.Ashya King, 5, who has a brain tumour, was removed from Southampton General Hospital in southern England by his mother, Naghemeh, and father, Brett, on Thursday afternoon and later, with his six siblings, the family boarded a ferry ...
Poland gets 432mn euros from EU in July WARSAW: Poland received 432 million euros in current transfers from the European Union in July, up from 397 million euros the month before, finance ministry data showed on Friday.The data also showed that in July Poland received 1.46 billion euros in capital transfers, up from 702 million euros the month before, while paying 253 million euros into the EU budget.Copyright Reuters, 2014 ...
Russia at risk for more economic costs over Ukraine: White House WASHINGTON: The United States said on Friday Russia's denials of interference in Ukraine and its escalation of the crisis are not credible, putting Russia at risk for additional economic costs. "Those denials are completely without any credibility," White House spokesman Josh Earnest told reporters in a briefing."It does put Russia at risk of facing additional economic costs that can be imposed by the United States in concert with our allies," he added.Copyright Reuters, 2014 ...
Bulgaria fiscal deficit widens in January-July SOFIA: Bulgaria budget deficit ballooned to 1.15 billion levs ($774.67 million) for January-July as tax revenues fell short and EU funds for some projects were frozen, the acting finance ministry said on Friday.The deficit, which was up from 168.2 million levs in the same period last year, was equivalent to about 1.44 percent of gross domestic product. Interim Finance Minister Rumen Porozhanov said on Friday that gross domestic product is expected to amount to less ...
Angelina Jolie calls for new bid to end Syria war GENEVA: The Hollywood actress Angelina Jolie called Friday for a new bid to bring peace to Syria which she said was destabilising the whole region and bringing misery to millions.In an emotional plea, the UN goodwill ambassador for refugees, who married her long-term partner Brad Pitt in a secret ceremony at their chateau in the south of France last week, said, "Three million refugees is not just another statistic. It is a searing indictment of ...
Russia warns of high risk to winter gas deliveries to Europe MOSCOW: Russia's energy minister Alexander Novak warned Friday of a high risk of disruptions to Russian gas supplies to Europe this winter as international tensions over Ukraine mounted."The situation is extremely critical as the heating season approaches," Novak said at a joint press conference with the EU's Energy Commissioner Guenther Oettinger."There is a high risk that gas delivered by Gazprom for Europe will be illegally taken by Ukraine for its own use," he warned. Russia ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln