Norway eyes high gas output until 2030, says energy minister
Norway plans to maintain its current high gas production level until the end of the decade as Europe plans to ditch Russian imports over Moscow’s invasion of Ukraine, its ...
As Ukraine war drags on, Europe’s economy succumbs to crisis
It was meant to be Europe’s stellar year.
A post-pandemic spending euphoria, supported by copious government spending was set to drive the economy and help fatigued households regain a ...
Greece to double power subsidies for households, businesses in September
Greece will double subsidies for power bills in September to 1.9 billion euros ($1.89 billion), the country’s energy minister said on Tuesday, extending financial support introduced last year to shield consumers ...
Bulgaria says talks to resume Russian gas supplies are ‘inevitable’
Bulgaria’s interim energy minister said it was “inevitable” that the Balkan country would discuss resuming gas deliveries with Russia’s Gazprom GAZP.MM that were halted in April, after ...
Finnish PM tests negative for drugs in wake of leaked party video
Finnish Prime Minister Sanna Marin has tested negative in a drug test she took following the publication of video footage last week that showed her partying with friends, the prime ...
Swedish police say they disarmed explosives found in Stockholm park
Stockholm police destroyed a bag containing explosives that was found in a park in the Swedish capital late on Sunday night and are investigating further, they said on Monday.
The ...
Ukraine bans Independence Day rallies for fear of Russian strikes
Ukraine’s capital Kyiv banned public celebrations this week to commemorate independence from Russian-dominated Soviet rule, citing a heightened threat of Russian attack in a war that the United Nations ...
Germany’s football body to hire Deutsche Bank for media rights sale
Germany’s football body has appointed Deutsche Bank AG (DBKGn.DE) to lead the possible sale of a package of media rights, Bloomberg News reported on Monday, citing people familiar ...
Mitsotakis: Greece’s exit from enhanced EU scrutiny ends 12 years of pain
Greece’s exit over the weekend from the European Union’s so-called enhanced surveillance framework for its economy ends 12 years of pain and allows the country greater freedom in policy ...
French retailer Carrefour to freeze prices on 100 products to tackle inflation
French supermarket retailer Carrefour (CARR.PA) said it would freeze the prices on 100 of its products, in order to help French people tackle soaring inflation in the country.
Carrefour’s ...
Ukraine war: six months that shook the world
Six months ago this week, Vladimir Putin ordered tens of thousands of Russian troops into Ukraine on a “special military operation” – a mass invasion on a scale unseen in Europe ...
German minister rules out keeping nuclear plants running to save gas
German Economy Minister Robert Habeck ruled out on Sunday extending the lifespan of the country’s three remaining nuclear power plants in order to save gas, saying it would save ...
US senator Menendez stands with Cyprus over unacceptable status quo and Turkish activity in Varosha
The status quo in Cyprus and Turkish activity in Varosha are unacceptable and contrary to the resolutions of the UN Security Council, the president of the US Senate Foreign Relations ...
Albania arrests two Russians, one Ukrainian trying to enter military plant
The Albanian Defense Ministry said on Saturday that two of its soldiers were injured while trying to stop two Russians and one Ukrainian who were trying to enter a military ...
The Greek economy: growth may surprise us
By Theodoros Pelagidis
In September 2021 the undersigned, diagnosed that inflation will not transitory, that it will be more persistent, higher and longer lasting, showing evidence of entrenchment since then. In ...
Cuba to send hundreds of doctors to Italy’s Calabria region
Cuba will send nearly 500 doctors to the Calabria region of southern Italy, Cuban state media reported this week, part of a broader program that sends surplus medics from the communist-run ...
Nord Stream 1 pipeline to shut for three days, increasing pressure on Europe
Russia will halt gas supplies to Europe for three days at the end of the month via its main pipeline into the region, state energy giant Gazprom said on Friday, ...
Rare toxic algae behind fish deaths in river Oder, say researchers
A large overgrowth of toxic algae linked to industrial pollution is the most likely culprit behind mass fish deaths in the river Oder, a German research institute said.
Tonnes of ...
Putin warns Macron of risk of ‘catastrophe’ at Ukraine nuclear plant
Russian President Vladimir Putin warned his French counterpart Emmanuel Macron that shelling of the Russian-controlled Zaporizhzhia nuclear power plant in southern Ukraine, which he blamed on Kyiv, could result in ...
EU backs changing monkeypox vaccine injection method to boost supply
European countries could stretch out their limited stocks of the monkeypox vaccine by changing the way the shot is administered as a temporary measure, the European Medicines Agency (EMA) said ...
Finnish PM takes drugs test after party video causes stir
Finnish Prime Minister Sanna Marin said on Friday she had taken a drugs test in the wake of video footage published earlier this week that showed her partying with friends, ...
Russia says it could shut frontline nuclear plant; Kyiv says that risks disaster
Russia said on Thursday it could shut down Europe’s largest nuclear power station after it came under shelling at the front lines in Ukraine, a move Kyiv said would ...
Ukraine says fighting ‘deadlocked’ ahead of visit by UN chief
Ukrainian forces said on Thursday they had beaten back a Russian attack in the southern region of Kherson, while the death toll from Russian shelling of Kharkiv city in Ukraine’...
Norway’s wealth fund loses record $174 bln in first half of 2022
Norway’s sovereign wealth fund, the world’s largest, made a record loss of 1.68 trillion Norwegian crowns ($174 billion) in the first half of 2022 as stocks and bonds were hit by ...