Commentary: How money will divide Europe after Brexit
posted in: European Union, News
Right now the European Union is united on one thing above all: to get Britain to pay as big a divorce bill as possible when it exits the EU. But while money will unite leaders at this week’s European summit, … Read More
Merkel Says EU Won’t Decide on Turkey’s Membership Bid at Upcoming Summit
posted in: European Union, News
German Chancellor Angela Merkel said that European Union leaders meeting next week for a summit will discuss deteriorated relations with Turkey but fall short of making a decision on its EU membership bid. “We definitely won’t make a decision,” the … Read More
Merkel Warns U.K. It’ll Have to Pay EU Obligations in Brexit
posted in: European Union, News
German Chancellor Angela Merkel warned the U.K. that it must pay what it owes the European Union as part of Brexit talks, saying it’s misleading to view the costs as a divorce bill. “This is about obligations that Great Britain … Read More
Russia To Cut Dependence On U.S. Dollar, Payment Systems
Russia will speed up work on reducing its dependence on U.S. payment systems and the dollar as a settling currency in response to U.S. sanctions, Deputy Foreign Minister Sergei Ryabkov said on Monday. Quoted by Reuters, Ryabkov said that “we … Read More