EU

Lavrov: No proof given for Western allegations about Russian troops in Ukraine
Russia's only reaction to NATO accusations of interfering militarily in Ukraine will be a consistent position of putting an end to bloodshed and establish dialogue between warring parties in Ukraine, Russia's FM said. No facts about Russian military being present on the territory of Ukraine have ever been presented, Sergey Lavrov pointed out, while speculation on the issue has been voiced repea [...]
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“Anti-Putin” Alliance Fraying: Germany, Slovakia, Greece, Czech Republic Urge End To Russian Sanctions
Greece, Slovakia, Czech Republic, Germany... the chorus of voices demanding an end to Russian sanctions is starting to drown out the neocon warmongering efforts of the west... Last week Germany reported that in the second quarter, its GDP declined by 0.2%, worse than Wall Street consensus. [...]
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Russian gas sector should not be sanctioned – EU energy chief
Russian gas sector should not be subjected to EU sanctions despite the situation in Ukraine, EU Energy Commissioner Gunther Oettinger said Thursday. "Gas is not a suitable sector for sanctions, as in this case everyone will lose - Russia, Ukraine and the European Union," RIA Novosti cites Oettinger as saying. [...]
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Nobel prize winners: Eurozone recovery is ‘dismal failure’
"Stunningly destructive" and "dismal failure" is how Nobel laureates describe growth in the European Union after destructive austerity policies and the euro crisis. Economists are casting doubt on the effectiveness of monetary policy in the 18-member eurozone, which is yet to fully shake off recession and produce sustained growth. [...]
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Not-so NATO-ally? Germany spying on Turkey for ‘38 years’
German foreign intelligence agency has been tapping Turkey for almost four decades, reports Focus amid the ongoing spy scandal between Berlin and Ankara. Some German officials defend the practice, saying that not all NATO allies can be treated as friends. The German Federal Intelligence Service, BND, has been eavesdropping on Turkey since 1976 following the Social Democrat Chancellor Helmut Sch [...]
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EU farmers complain €125mn compensation is just drop in the ocean
The €125 million in emergency EU support to its food producers may not be enough to cover the damage, as some estimates have it more than a hundred times higher. On Monday, the European Commission announced €125 million in emergency funding for European farmers hit by the Russian trade ban [...]
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Putin to Merkel: Further delays of aid delivery to Ukraine would have been unacceptable
Further delays in the delivery of Russian aid to eastern Ukraine, which is facing a humanitarian disaster, would have been unacceptable, President Vladimir Putin has said in a phone call with German Chancellor Angela Merkel. “Given the obvious protractions by Kiev on the issue of the delivery of Russian aid to southeast regions of Ukraine, which are suffering a humanitarian catastrophe, a dec [...]
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Kosovo and Ukraine: Compare and contrast
There have been at least two countries in Europe in recent history that undertook ‘anti-terrorist’ military operations against ‘separatists’, but got two very different reactions from the Western elite. The government of European country A launches what it calls an ‘anti-terrorist’ military operation against ‘separatists’ in one part of the country. We see pictures on Western te [...]
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Switzerland to EU: We don’t want to sidestep Russian food ban
Switzerland has said it will not re-export European agricultural products to Russia that now can't get access to the country's market. “We have had requests from European countries, including the producers of fruits, vegetables, dairy products and meat, but we didn’t give permission to have their products imported to Switzerland and then exported to Russia,” as ITAR-TASS quotes Jurg Jordi [...]
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What does CETA, the ‘Wayne Gretzky of trade deals,’ hold for Europe?
A couple of weeks ago the German newspaper Süddeutsche Zeitung claimed that Germany was refusing to sign off the Comprehensive and Economic Trade Agreement (CETA). The simple reason being the Investor-State Dispute Settlement (ISDS) regulation which I have written about here. [...]
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Europe unveils €125mn in ‘exceptional support’ to food producers
The European Commission said it will provide up to €125 million from Monday till the end of November to compensate food producers coping with Moscow’s food ban. “The exceptional measures announced today will include market withdrawals especially for free distribution, compensation for non-harvesting and green harvesting. [...]
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Bulgaria halts South Stream gas pipeline project for second time
All operations on Russia's Gazprom-led project South Stream have been suspended, as they do not meet the requirements of the European Commission, Bulgaria's Ministry of Economy and Energy said on its website. “Minister of Economy and Energy Vasil Shtonov has ordered Bulgaria’s Energy Holding to halt any actions in regards of the project,” the ministry said. This specifically means enterin [...]
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Russia may ban import of cars if west applies new sanctions: Report
MOSCOW: Russia may tighten retaliatory sanctions against Western nations to include a ban on imports of cars, among other things, if the United States and the European Union impose additional sanctions on Moscow, Vedomosti daily newspaper said on Monday. Following Russia’s stand off over Ukraine, western nations imposed sanctions on Moscow including on its financial and energy sectors, and pu [...]
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EU sanctions like ‘shooting oneself in the foot’ – Hungary PM
Hungarian Prime Minister Viktor Orban has urged a rethink of the European Union's sanctions policy toward Russia, saying the measures are like "shooting oneself in the foot." “The sanctions policy pursued by the West, that is, ourselves, a necessary consequence of which, has been what the Russians are doing, causes more harm to us than to Russia,” Reuters quoted Orban as saying on the radio [...]
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EU to urge Latin America not to export food to Russia
The European Union is reported to be planning to dissuade Latin American countries from providing Russia." “We will be talking to the countries that would potentially replacing our exports to indicate that we would expect them not to profit unfairly from the current situation,” the Financial Times (FT) quotes one senior EU official talking at a briefing on the situation in Ukraine on Monday [...]
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Confidence in German economy falters as Russia sanctions take their toll
Economists fear eurozone recovery may be derailed after German ZEW indicator plunges to 20-month low. Europe's standoff with Russia has affected the region's largest economy after economic confidence in Germany nosedived unexpectedly, fuelling fears the eurozone's weak recovery will be snuffed out. [...]
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Ecuador: We don’t need permission to trade with Russia
Ecuador doesn't need anybody's permission to export agricultural products to Russia, which now has a big gap that needs to be filled after it banned supplies from a number of western countries, said President Rafael Correa. “I want to immediately say that we don’t need to get anybody’s permission to sell products to friendly countries: as far as we know Latin America isn’t a part of the [...]
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Sanctions bite-back: Bickering, EU infighting over Russia retaliation
There is growing dissent in the EU over policies that led to a de fact trade war with Russia. Meanwhile the countries not toeing the line are reaping the benefits, irritating those who jumped on the sanctions bandwagon. Greek members of the European Parliament demanded Sunday that the EU cancel sanctions against Russia. [...]
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Sanctioning food: Fueling opportunity
Here's the curious rub about food sanctions, it rather throws down the gauntlet for Russia to close up a legacy of Communism. For all those who believe in big government, food provision is a good place to start disabusing the quaint (and horribly flawed) notion that the public sector can be more efficient. [...]
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‘EU and Russia are in the first stages of an open trade and economic war’
Russia and the EU have to look for a basis for a new dialogue of non-confrontation as they should be strategic partners working for consolidation of peace and normal economic life, Kostas Isyhos from Greece's left-wing SYRIZA party told RT. First of all, because Greece is going through the 5th year of constant recession. The memorandum policy which has been followed with austerity programs in t [...]
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