Europe

Russia isn’t considering fully lifting food embargo  – Deputy PM
Russia is not considering completely lifting the food embargo on products from the West, says Deputy Prime Minister Arkady Dvorkovich. "We do not consider lifting the embargo currently in the broadest sense of the word, there are some special orders about individual products or countries,” said Dvorkovich. “These issues are being considered, but no final position has been formed so far." [...]
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Austrian 9/11 cake protesting government coalition causes uproar on social media
An owner of a patisserie in Vienna has shown his dissatisfaction with the Austrian governing coalition by creating a sugary sculpture representing the 9/11 terror attacks, infuriating Austrians. Thomas Kienbauer, the owner of the Alexander patisserie in Vienna, created an unusual cake that depicts the New York twin towers in the colors of the Social Democrats (SPÖ) and the conservative People [...]
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Finland: Exhibiting strain of northern independence
Finland has struck a blow for genuine exceptionalism in Europe. Anti-NATO parties dominated polls while Euroskeptic cred was championed not only by the longstanding anti-EU party, but also, uniquely within the eurozone, by the Social Democratic party. Depending on your perspective, Finland may conjure recollections anywhere from Sibelius’ exquisitely lyrical Karelia Suite to the speedy monosy [...]
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Merkel says free trade zone with Russia possible
German Chancellor Angela Merkel believes that a free trade zone with Russia is possible in the future, despite the current political tensions with the West. “In the long view it is possible to create a large free trade zone, including with Russia,” Merkel said at Friday’s economic forum in Stralsund. [...]
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Protesters Europe wide march against controversial trade deal between EU & US
People across Europe have kicked off a day of action against an emerging free trade pact with the US. They fear it could see corporate interests undermine worker's rights and consumer protection. Crowds have gathered in London, Munich, Brussels and other major European cities to march against the Transatlantic Trade and Investment Partnership (TTIP) and similar secretive international trade dea [...]
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Polish general “calls back support” of Ukraine over nationalist glorification
Retired General Waldemar Skrzypczak, an influential figure in the Polish military, says he withdraws all words of support for Ukraine due to the country's sliding towards nationalism. Earlier he advocated supplying heavy weapons to Kiev. The angry U-turn in attitudes towards the Ukrainian government was published on Friday in the Gazeta Prawna newspaper. [...]
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European central banks urge ditching Greek assets, as default fears mount – media
Some European central banks have reportedly called on Greek bank subsidiaries operating in their jurisdiction to cut their exposure to Greek assets to avoid fallout should the country go into default. The central banks of Albania, Bulgaria, Cyprus, Romania, Serbia, Turkey and the Former Yugoslav Republic of Macedonia have demanded Greek banks’ subsidiaries minimize their exposure to Greek bon [...]
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Russians arrive in Scotland to inspect NATO exercise, confusing Euroskeptics
To the befuddlement of Euro critics, Russian inspectors have arrived in the UK to oversee a mass NATO training exercise taking place in Scotland. Despite current tensions between the West and Russia, the team from the Russian National Nuclear Threat Reduction Center is permitted to visit the country to observe military activities as part of a reciprocal agreement contained in the 2011 version o [...]
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Austria, Spain and South Korea approved as founding members of China-led bank AIIB
Austria, Spain and South Korea have been approved as founding members of the Asia Infrastructure and Investment Bank (AIIB), the Chinese Finance Ministry announced Saturday. A founding member of the bank has the right to help write its rules and Saturday’s additions bring the number of prospective founders to 41. The exact number of founding members will be finalized on April 15. [...]
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French military intelligence rules out “Russian invasion plans” for Ukraine
France's intelligence chief has questioned NATO's claims of Russia preparing to attack Ukraine as their agents failed to spot any activities signaling this - either before or after the crisis began. A statement by the chief of France’s military intelligence, General Christophe Gomart, was published on the National Assembly’s website. [...]
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Greece preparing for Grexit, own currency – media
Athens is currently trying to negotiate a new bailout deal with its Troika of creditors, but if that falls "Plan B" could reportedly involve getting rid of the euro and cutting off its banking system from the European Central Bank. [...]
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German rallies protest world militarism & NATO warmongering (VIDEO)
On the eve of Easter Sunday, people took to the streets of Germany in support of world peace and denouncing militarization, the arms trade and NATO's role in conflicts around the globe. The main pacifist demonstration took place in center of Berlin on Saturday, where police estimated that over 1,000 people participated. Representing some 40 different organizations, activists united under the sl [...]
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Mass spying on UK citizens “essential,” say MPs in landmark report
A Parliamentary report examining the mass collection of private communications by UK security agencies has defended the practice as “essential.” The Intelligence and Security Committee (ISC) report, published on Thursday, said only a “tiny” proportion of data collected was ever seen by human eyes. [...]
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Most significant break between Germany and US since WWII
People in the US, like ex-CIA chief Michael Hayden, are trying to put Berlin back in place dissatisfied that the Germans are acting like adults but not like subservient servants from of the “five eyes” alliance, says Ray McGovern, a former CIA officer. Speaking at a Washington-based think tank, the New America Foundation, on Tuesday former NSA and CIA director, General Michael Hayden, said [...]
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A Black Swan Lands In Southern Austria: The Ripple Effects Of “Mini-Greece Going Off In The Heartland Of Europe”
Austria’s decision to wind down Heta Asset Resolution AG sent ripples through the financial system, causing credit rating downgrades in Austria and bank losses in Germany: "It’s a mini-Greece going off in the heartlands of Europe." Here are some [...]
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No sanctions would ever force Russia into changing its policy – Kremlin
The continuing economic pressure will never affect Moscow’s foreign policy, Vladimir Putin’s press secretary has said. “No sanctions would force Russia to make changes to the persistent line it follows in international affairs,” TASS quoted Dmitry Peskov as saying on Wednesday. [...]
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Europe to start €1.14trn “easy money” program on March 9 – ECB President
The European Central Bank will kick off its monthly €60 billion purchases of government bonds and private sector assets next Monday, said the head of the ECB Mario Draghi. "We will on 9 March 2015 start purchasing euro-dominated public sector securities in the secondary market. We will also continue to purchase asset-backed securities and covered bonds which we started last year,"Draghi told [...]
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‘Ukraine’s disintegrating economy’ comment lands Polish deputy PM in hot water
A Polish government spokesperson has criticized the deputy prime minister's remark on Ukraine‘s disintegrating economy, calling it “unfair.” Janusz Piechocinski painted a black scenario for the country gripped by hyperinflation and currency plunge. [...]
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New Greek govt furious over EU “unequivocal” anti-Russia statement
The new Greek government has spoken out against the EU partners over the statement that lays the blame for Saturday's fatal attack on the Ukrainian city of Mariupol on Russia. Hungary, Slovakia, and Austria voiced similar objections earlier. The government, headed by Prime Minister Alexis Tripras, said in a press release on Tuesday that “the aforementioned statement was released without the p [...]
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Kosovars unwelcome in EU: Austria says “don’t waste time seeking asylum”
Kosovo's biggest daily newspaper has published a full-page appeal from Austria not to waste time and money trying to get asylum in the EU. The call comes after a surge in the number of Kosovars smuggling themselves out of the impoverished entity. [...]
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ISIS plans to invade Europe through Libya – report
ISIS’ plans to conquer Europe via Libya have been revealed in letters seen by an anti-terrorism group. Owing to its perfect location on the continental doorstep, the terrorists plan to ferry fighters from North Africa across the Mediterranean. The plans, analyzed by anti-terrorism British think tank Quilliam, outline a strategy to illegally ferry fighters across the sea from Libya into southe [...]
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Le Pen says Washington attempting to start “war in Europe”
The leader of France’s rightwing Front National (FN), Marine Le Pen, has called Brussels “American lackeys” over the EU's Ukraine policy. She further accused Washington of attempting to start a “war in Europe” and expand NATO towards Russia’s borders. [...]
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