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After years of tough austerity measures, Greece emerges on Monday from its third and last bailout, although officials warn the country still has a "long way to go".The European Union, the European Central Bank and the International Monetary Fund loaned debt-wracked Greece a total of 289 billion euros ($330 billion) in three successive programmes in 2010, 2012 and 2015.The economic reforms the creditors demanded in return brought the country to its knees with a quarter of its gross domestic product (GDP) evaporating over eight years and unemployment soaring to more than 27 percent.But Greece has now returned to growth,... [Read More]
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Ministers are facing calls to preserve a focus on Britain's trade with the European Union as they hunt for new markets ahead of Brexit.Business leaders are urging the government, too, to provide the smallest companies with as much trade aid and support as its largest and to focus on "essentials",... [Read More]
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THERESA May will face Commons defeats by her Brexiteer MPs on key legislation if she persists with her "surrender" blueprint for leaving the European Union, senior Tory MP Jacob Rees-Mogg warned yesterday. [Read More]
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THE POPULIST government in Italy is planning to ignore budget rules imposed by the European Union to rebuild the country's ailing infrastructure following the Genoa bridge collapse, in what has been dubbed a 'Marshall Plan', according to reports. [Read More]
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Turkey's currency crisis poses an additional risk to Germany's economy on top of trade frictions with the United States and the possibility of Britain leaving the European Union without a deal, the German finance ministry said on Monday. [Read More]
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European Union plans to impose fines over terrorist propaganda. [Read More]
Thanks to the rise in the democratic standards and the improvement in relations with the European Union between 2004 and 2009, Turkey was increasing its influence in a wider geography, starting with the Arab world. [Read More]
The European Union issued a statement Aug. 8 on the Joint Comprehensive Plan of Action, the nuclear weapons deal concluded with Iran's rulers, from which President Trump withdrew three months ago. "The JCPOA is working and delivering on its goal, namely to ensure that the Iranian programme remains exclusively peaceful as confirmed by the International... [Read More]
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STRICT rules imposed by the European Union could force UK-based banks to relocate more staff to the bloc after Brexit than originally planned, a top banking CEO has warned. [Read More]
Iran's First Vice President Eshaq Jahangiri on Sunday said the European Union (EU) has pledged to take action before the US ban on importing oil from Iran takes effect in November, the media reported. The European countries have made this promise in an attempt to make up for the possible losses that Tehran may suffer, Jahangiri was quoted as saying by the Press TV. [Read More]
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Iranian leaders communicated mixed messages over the weekend concerning their efforts to persuade the European Union to oppose tough US... [Read More]
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BRITONS are seemingly so fed up with the apparently interminable process of Britain leaving the European Union that almost half don't care whether we quit with or without a deal, a new poll has revealed. [Read More]
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Russian President Vladimir Putin was a guest at the Austrian foreign minister's wedding on Saturday, in a move that opposition politicians say undermines the European Union's position on Moscow. [Read More]
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The co-founder of the fashion brand Superdry said Sunday he has donated 1 million pounds ($1.28 million) to a group seeking a new referendum on Britain's departure from the European Union, as the U.K. government... [Read More]
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The co-founder of British clothing brand Superdry announced Sunday he is financially backing a push for a second referendum on Brexit, claiming it is not too late to avert "disaster".British fashion tycoon Julian Dunkerton is pumping £1 million ($1.3 million, 1.1 million euros) into the push for a fresh vote on Britain leaving the European Union, the People's Vote campaign said on Twitter.The donation will be spent on one of the biggest polling operations ever undertaken in Britain."It's not too late," Dunkerton wrote in The Sunday Times newspaper. "We have a genuine chance to turn this around."London and Brussels... [Read More]
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Russian President Vladimir Putin was a guest at the Austrian foreign minister's wedding on Saturday, in a move that opposition politicians say undermines the European Union's position on Moscow. [Read More]
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The co-founder of the fashion brand Superdry has donated 1 million pounds ($1.28 million) to those seeking a new referendum on Britain's departure from the European Union. [Read More]
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Space cooperation could include the European Union, Brazil, India, Japan, South Korea and other nations. [Read More]
European Union representatives will return to Washington Monday to hash out the fine details of Trump's July deal with Europe to buy more U.S. natural gas. [Read More]
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Dominic Raab, the Brexit secretary, last night claimed that securing a deal with the European Union is "still by far the most likely outcome" as he played down the prospect of "no deal". As he prepared to release the first batch of technical notices detailing contingency plans for a no-deal Brexit,... [Read More]
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