2 Dec 2022

Finland PM says Europe is ‘not strong enough’, blasts the EU and Germany for cosying up to Putin and warns against depending on authoritarian states such as China

by | posted in: Breaking News, European Union, News |

Finnish Prime Minister Sanna Marin on Friday offered a ‘brutally honest’ assessment of Europe’s defence capabilities, stating bluntly that ‘we’re not strong enough’ to stand up to Moscow alone before warning against dependence on China. ‘We should make sure that … Read More
18 Nov 2022

France, Germany, Spain agree on moving on with FCAS warplane development – Berlin

by | posted in: European Union, News |

BERLIN/PARIS, Nov 18 (Reuters) – France, Germany and Spain have reached agreement on starting the next phase of development of a new fighter jet dubbed FCAS, Europe’s largest defence project at an estimated cost of more than 100 billion euros … Read More
9 Nov 2022

EXCLUSIVE EU countries, lawmakers likely to clinch deal next week on satellite internet system, sources say

by | posted in: European Union, News |

BRUSSELS, Nov 9 (Reuters) – EU countries and European Parliament lawmakers are likely to reach a deal on a 6-billion-euro ($6 billion) satellite internet system next week, people familiar with the matter said on Wednesday, driven by the bloc’s push … Read More
22 Sep 2022

European Central Bank announces largest interest rate hike in bid to fight inflation

by | posted in: Breaking News, European Union, News |

The European Central Bank (ECB) on Thursday announced a record rate hike in a bid to stifle record inflation across the euro area. The ECB’s three key interest rates were each raised by 75 basis points. “This major step frontloads … Read More
29 Jun 2022

It’s not going to be easy for the G7 to cap the price of Russian oil

by | posted in: European Union, News |

Legitimizing cheap Russian crude could boost sales and muddle the message on Ukraine Western sanctions already had the perverse effect of increasing the energy profits financing Russia’s war in Ukraine — and the G7’s new plan to fix that by … Read More

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