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FTSE 100 sets record on Tuesday but fails to hold it on Wednesday

After approval of economic reform proposals submitted by Greece helped the FTSE 100 reach record-breaking levels yesterday, it has fallen back considerably throughout the course of today, with shares in some major companies dropping by nearly 10 percent.

Greek reforms list received 'on time' in Brussels: Commission

Brussels - The list of Greek reform measures demanded by the country's international creditors in return for extending its bailout programme has arrived "on time," the European Commission said Tuesday.

EU hails Bosnia reform pledge

Sarajevo - Bosnian lawmakers backed a pledge Monday to make a series of political and economic reforms intended to kickstart its application for European Union membership.

Greece can survive till summer without EU deal: Analysts

Atenas - Cash-strapped Greece can survive financially until the middle of the year after its EU bailout technically ends on February 28, analysts believe, despite the abrupt failure of talks with its eurozone partners on Monday.

Greece's Varoufakis says confident of debt deal 'in two days'

Brussels - Greek Finance Minister Yanis Varoufakis said he was confident of reaching a deal with the eurozone on overhauling a hated debt bailout programme in two days despite crunch talks collapsing Monday.

Eurogroup head gives Greece until 'this week' to ask for bailout extension

Brussels - Eurozone ministers handed Greece an ultimatum Monday to request an extension to its hated debt bailout programme, deepening a bitter stand-off that risks seeing Athens tumble out of the eurozone.

Russia vows to respond to 'illogical' EU sanctions

Moscow - Moscow said on Monday it would respond to the latest EU sanctions over the Ukraine conflict which target several prominent figures including a popular singer, condemning them as "inconsistent and illogical"."Such decisions...

Greece battles eurozone in bailout showdown

Brussels - Greece faced a wall of opposition at crucial talks on Monday with eurozone finance ministers dead set against scrapping the country's massive bailout programme as a bitter stand-off deepened.

Rallies in Athens, Europe ahead of bailout talks

Atenas - Tens of thousands of people joined rallies in Greece on Sunday ahead of talks in Brussels on the new leftist government's bid to revise its massive bailout.

Greece confident of bailout deal but warns deadline too tight

Atenas - Greece's finance minister said Sunday he was confident a deal with the EU over the country's loathed bailout could be found while warning the February 28 deadline may be too tight.

EU ready for 'necessary steps' if Ukraine pact breached: Tusk

Brussels - The EU warned Russia Thursday it was ready to take further measures in addition to the sanctions it has already imposed if a new Ukraine peace pact is breached, the bloc's president Donald Tusk said.

EU patrol 'woefully inadequate' for saving migrants: UN

Geneva - The UN refugee agency on Thursday urged the European Union to do far more to save migrant lives in the Mediterranean after the latest high seas tragedy, saying its maritime border patrol is "woefully inadequate.

Iceland to Italy: Norse seamen battling a tide of human misery

- Nearly 4,000 kilometers (2,500 miles) from home, the Icelandic coastguard's Tyr lurches wildly as it chases a suspect cargo ship off the coast of Italy in gale force winds.

Fleeing war at home, Ukrainians seek security in Poland

Warsaw - For a rising number of Ukrainians, Poland is looking like the promised land as the war at home forces them to seek safe haven in their European Union neighbour."Everyone I know from my region has lost a relative.

Swiss government presents bill to rein in EU immigration

Geneva - The Swiss government on Wednesday presented a bill for new quotas on immigration from the European Union, a year after voters narrowly approved such curbs and put the country on collision course with Brussels.

Greece's new anti-corruption minister battles tax evasion scourge

Atenas - Greece's new anti-corruption tsar Panagiotis Nikoloudis has been tasked with recovering 2.5 billion euros ($2.8 billion) for the debt-strapped government's coffers through a ruthless crackdown on tax evasion.

Europe's outcast Belarus unlikely star of Ukraine talks

Minsk - Political pariah turned would-be peacemaker, Belarussian President Alexander Lukashenko will bask in the limelight this week when European leaders desperate to end the Ukraine war are expected to gather in Minsk.

Anti-Western sentiment 'at record levels' in Russia

Moscow - Anti-Western sentiment has reached historic levels in post-Soviet Russia, with a vast majority expressing negative attitudes towards the United States and the European Union, a poll showed on Monday.

Merkel: Waiting for 'sustainable proposal' from Greece

Washington - German Chancellor Angela Merkel said Monday that Athens needs to present a "sustainable" plan as eurozone finance ministers prepare to meet later this week on the Greek debt crisis.

Greece must cooperate with Europe, IMF: US ambassador

Atenas - Greece must cooperate with Europe and the IMF to draw up a plan of reforms consistent with the country's international obligations, the US ambassador to Athens said Friday.

EU pledges 1 bn euros for Syria, Iraq fight against IS

Brussels - The European Union has pledged one billion euros in funding for the crises in Syria and Iraq and the fight against the Islamic State militant group, the bloc's foreign policy chief Federica Mogherini said Friday.

Op-Ed: Lessons from the EU’s unlikely success in the war against piracy

Brussels - Remember how just a few years ago one of the most pressing issue to world peace and security seemed to be the sundry band of pirates off the coast of Somalia that was wreaking havoc across the Gulf of Aden by pillaging and plundering trade lanes?

ECB approves 60 bn euros in emergency funds for Greek banks

Frankfurt - The European Central Bank has given the green light to make up to 60 billion euros ($68.5 billion) in emergency liquidity available to Greek banks, a source close to a national central bank told AFP on Thursday.

Athens may have heart in Moscow but head is in Europe

Athens - With pro-Russians and ex-Communists in the cabinet, Greece's new hard-left government has sparked concerns of a strategic shift towards Moscow -- but Athens has its eyes firmly on Europe, experts say.

EU, U.S. look for 'fresh start' in trade talks

Brussels - U.S. negotiators travel to EU headquarters in Brussels Monday to jumpstart talks on the world's biggest-ever free trade deal, which after nearly two years remain bogged down by public opposition.

EU to expand Russia blacklist, ready for more measures over Ukraine

Brussels - The EU agreed Thursday to add new names to a sanctions blacklist over Russia's involvement in Ukraine and will start work on possible further measures, foreign policy chief Federica Mogherini said.

EU set to add to sanctions blacklist over Ukraine

Brussels - EU foreign ministers will add names to a blacklist of individuals sanctioned over the Ukraine crisis when they meet Thursday but stop short of new measures targeting Russia's economy, sources said.

Greece-EU clash spreads to Russia sanctions

Brussels - Greece has created a new headache for the EU by questioning sanctions against Russia over Ukraine but is unlikely to block them for fear of harming its own debt negotiations, analysts and sources say.

EU, NATO call on Russia to end support of Ukraine rebels

Brussels - The EU and NATO called on Russia to end its support for rebels in Ukraine, with Brussels mulling an emergency meeting after at least 30 people were killed in the port of Mariupol in a major escalation of the fighting.

EU tells Moscow to 'assume its responsibility' in Ukraine war

Brussels - The European Union called Friday on Moscow to "assume its responsibility" in ending the separatist war in Ukraine.
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Aid was promised  but where is the money?

At the end of February of this year the EU leaders in rep...
Aid was promised, but where is the money? At the end of February of this year the EU leaders in reply to changing of State power in Ukraine promised to give financial help, aimed at financial system stabilization and different investment projects realization directed on development of the country economy. Then Elmar Brok, chairman of the EP Committee on Foreign Affairs announced a sum in 20 billion Euros, which will be received by Ukraine for the reform implementation as soon as a new governme
PUTIN’S FAWNERS AMONG EUROPEAN POLITICIANS 


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Trade unions in Belgium believe the Eurobonds can bring relief to the troubled Euro.
Trade unions in Belgium believe the Eurobonds can bring relief to the troubled Euro.
The G20 Deputy’s Meeting and Financial Market Conference in Berlin on May 19-20.
The G20 Deputy’s Meeting and Financial Market Conference in Berlin on May 19-20.
Members of EU NAVFOR take over a pirate skiff.
Members of EU NAVFOR take over a pirate skiff.
EU NAVFOR
EPJUST holds witness protection symposium at the Filipinas Heritage Library in Makati
EPJUST holds witness protection symposium at the Filipinas Heritage Library in Makati
The Hemicycle of the European Parliament in Strasbourg  France  during a plenary session in 2014.
The Hemicycle of the European Parliament in Strasbourg, France, during a plenary session in 2014.
Wikimedia Commons CC License
On 29 April the US administration announced an initiation of the third round of economic sanctions a...
On 29 April the US administration announced an initiation of the third round of economic sanctions against Russia. It’s anticipated they hit the major sectors of Russian economy after the most influential Russian top-managers and business owners have been banned from doing business in the U.S. It is also expected that the EU will join its Western ally in punishing Russia for building up a fire of the civil confrontation in Ukraine
The third round of sanctions against Russia: does it really so painful for German economy?
European Central Bank President Mario Draghi
European Central Bank President Mario Draghi
Courtesy World Economic Forum
The G20 Deputy’s Meeting and Financial Market Conference in Berlin on May 19-20.
The G20 Deputy’s Meeting and Financial Market Conference in Berlin on May 19-20.
Angela Merkel
Angela Merkel
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A proposed  world s safest truck  design by the EU
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European Ukrainian. The country bargains for a dialogue with EU

These days the world changes prompt...
European Ukrainian. The country bargains for a dialogue with EU These days the world changes promptly and new economic tendencies force to look for new trade areas, labour, as well as perspective directions of strengthening of the European Community. This circumstance explains why Europeans turn more to EU eastern frontiers, and one can hear more persistent discussions on necessity of expansion. However traditionally conservative Europe isn't intended to pass hasty decisions and to extend at th
Cyprus is a member state of the European Union.
Cyprus is a member state of the European Union.
EUCyprus

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