12072016Wed
Last update: Wed, 07 Dec 2016 07pm

Europe

World - Europe

Russian energy min: ready to resume gas supplies to Ukraine MOSCOW: Russia is ready to resume natural gas supplies to Ukraine if Kiev pays upfront for the fuel, Russian Energy Minister Alexander Novak said on Friday. Novak, speaking at a news conference after meeting EU Commission Vice-President Maros Sefcovic, said Moscow was ready to supply between 1.5 billion and 4 billion cubic meters of gas to Ukraine this winter. Copyright Reuters, 2016 ...

World - Europe

EU should not freeze accession talks with Turkey, Germany says BERLIN: The European Union should not freeze Turkey's negotiations to join the bloc, Germany's Foreign Ministry said on Friday, a day after members of the European Parliament voted in a non-binding motion in support of such a freeze. "It is important that we keep talking," Foreign Ministry spokeswoman Sawsan Chebli told a regular government news conference. "It is important that we do not freeze the accession negotiations because that would only further damage the relationship ...

World - Europe

European foreign ministers to discuss Ukraine next week in Minsk PARIS: The foreign ministers of France, Germany, Russia and Ukraine are to meet in Minsk next week to discuss plans for implementing a ceasefire agreement for eastern Ukraine, said a spokesman for the French Foreign Ministry. "The meeting in Minsk will allow us to go over what has been done and what has not been done since the October meeting in Berlin," said French foreign ministry spokesman Alexandre Giorgini on Friday, adding that the meeting ...

World - Europe

UK firms show no Brexit vote hit in Q3 as investment grows LONDON: British companies brushed off the uncertainty over Brexit in the three months after June's referendum and increased their investment, helping to drive solid growth in the economy, official data showed on Friday. Business investment expanded at a quarterly rate of 0.9 percent in the three months to September, the Office for National Statistics said, beating expectations for a 0.6 percent rise in a Reuters poll of economists. Britain's economy overall grew by 0.5 percent ...

World - Europe

Italy referendum will not lead to repeat of 2011 debt storm: Padoan ROME: Italian Economy Minister Pier Carlo Padoan said on Friday that the result of an upcoming referendum will not put the country in the eye of a new debt storm like the one that nearly pushed the country into default in 2011. In nine days, Italians will vote on Prime Minister Matteo Renzi's flagship constitutional reform, which he says will strengthen future governments by curbing the powers of the Senate. Opinion polls show the 'No' ...

World - Europe

Schaeuble to push G20 for structural reforms to prevent crisis BERLIN: Germany will push for reforms to make the world's biggest economies more competitive and protect against future crises when it takes the helm of the G20, Finance Minister Wolfgang Schaeuble said on Friday, dimming hopes of fiscal stimulus to boost growth. "We will forcefully insist on structural reforms to improve our resilience against developments that have the potential to lead into crisis," Schaeuble told the Bundestag, the lower house of parliament."There is no lack ...

World - Europe

Turkey's Erdogan threatens to open borders to migrants after EU Parliament vote ISTANBUL: Turkish President Recep Tayyip Erdogan on Friday threatened to throw open Turkey's borders to illegal migrants after the European Parliament voted to back a freeze in membership talks with Ankara."Listen to me. If you go any further, then the frontiers will be opened, bear that in mind," Erdogan told the European Union (EU) in a speech in Istanbul.On March 18, Ankara and Brussels forged a deal for Turkey to halt the flow of migrants ...