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Euro is Too Weak For German Economy, Too Strong For Most Others in Euro – MP

German conservative Friedrich Merz said Thursday that Brexit would have a major impact on continental Europe’s economy. He added that Brexit was the biggest threat the EU could be facing at the moment but didn’t hope to see another referendum in the UK.

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Russia May Start Using Euro in Trade With European Union – Economy Ministry

Russian President Vladimir Putin recently indicated that Washington was “making a colossal strategic mistake” by “undermining confidence in the dollar” amid Russian plans to reduce the country’s dependence on the US currency in global trade.

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Le Pen’s Eurosceptic party beats Macron’s in EU parliamentary election poll

The landslide success of Emmanuel Macron’s party seems to be fading away as the party of his presidential rival, Marine Le Pen, is overtaking his ruling alliance six months ahead of European parliamentary elections, a poll shows.

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EU 404? Not finding itself on Iran exemption list, Europe vows to defy US sanctions

European countries have vowed to maintain “effective financial channels” and to keep trading with Tehran after the US announced that the EU is not among those spared from its sweeping sanctions against Iran.

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EU to Boost Border Security With AI Lie Detectors That Can Spot Illegal Migrants

Earlier, Hungary introduced psychological tests for migrants demanding asylum on the basis of persecution for having non-standard sexual orientations. Such tests were later ruled out by the European Court of Justice.

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Mattis Attempts to Sell US Exit From INF Treaty to EU Allies

US President Donald Trump earlier announced that Washington would be withdrawing from the Intermediate-Range Nuclear Forces (INF) Treaty, citing alleged violations by Moscow. Russia has firmly denied the accusations and expressed regret at the decision. Defense Secretary Jim Mattis said that the US is currently in talks with its EU partners over Washington’s decision to […]

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Danish Bill Proposes 12 Years in Prison for ‘Pro-Russia’ Opinion

Danish lawmakers have gone on the offensive against interference in public debate, sparking criticism that a new proposal, which could entail criminal liability for expressing opinions similar to those of Moscow, may become a step toward silencing public debate. According to a bill brought forward in local parliament, Danes could face a jail term if they voice […]

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‘End of love story’: Poll says for 2/3 of EU citizens life wouldn’t be worse without the bloc

Nearly two-thirds of EU citizens think that life wouldn’t be worse without the bloc, a recent survey revealed. It probably highlights the end of a love story between Brussels and those living in the union, an analyst told RT. The report which says there is a significant divide between the leadership and the people within […]

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Italy Resists EU Calls to Slap Sanctions Over Cyber Attacks – Reports

Earlier in the day, the Netherlands and the UK reportedly sent a memo to the other European bloc member urging them to update their sanctions list with penalties, which cyber crimes they think should carry. Italy is opposing a European Union push to slap sanctions on countries that carry out cyberattacks, a confidential EU document […]

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EU energy system will collapse if sanctions target Russian oil & gas – BP boss

Sanctions against Russia’s key energy companies would inevitably lead to a collapse of the European energy sector, BP CEO Bob Dudley has warned, according to Sputnik news agency. “I do not think that would happen. If sanctions were put on Rosneft or Gazprom or LUKoil like what happened with Rusal, you would virtually shut down […]

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EU Tries to Persuade US to Exempt SWIFT From Iran Sanctions

Washington’s sanctions against Tehran would fundamentally change other countries’ economic cooperation with the Islamic Republic, the Financial Times has written. EU finance ministers will try to persuade the US administration not to disconnect Iran from the international payment system SWIFT, the newspaper reported on Tuesday.

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Informal Meeting in Austria: EU Heads Discuss May’s Brexit Proposal (VIDEO)

An informal meeting of the EU heads of state and government, devoted to Brexit as well as issues such as internal security and migration, is being held in the Austrian city of Salzburg, which started on Wednesday and is due to conclude later in the day.

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It’s Unclear Whether EU Will Fall Apart, But Change is Coming – US Investor

Change is coming, Charles Ortel, a Wall Street analyst, told Sputnik, commenting on the growing discontent with Brussels policies among Europeans and the increasing popularity of nationalist conservative parties. According to the analyst, the EU’s swollen bureaucratic apparatus remains a stumbling block in the way of Europe’s development.

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Swift turn: German FM says Europe needs bank transactions system independent from US

The European Union should set up a system that would allow Brussels to be independent in its financial operations from Washington, according to German Foreign Minister Heiko Maas. It is indispensable that we strengthen European autonomy by creating payment channels that are independent of the United States, a European Monetary Fund and an independent SWIFT […]

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‘Everybody in EU Understands That Russian Gas Cannot be Substituted’ – Scholar

During their August 18 summit, Russian President Vladimir Putin and German Chancellor Angela Merkel noted that the Nord Stream 2 pipeline project is profitable for both sides and should not be politicized. Speaking to Radio Sputnik, Gerhard Mangott, a political analyst from Austria’s Innsbrook University, shared his views on the EU’s energy issue.

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