Greece and its Euro zone creditors on Friday reached an agreement on key elements of a reform package, said Eurogroup President Jeroen Dijsselbloem in a meeting held in Malta. The key elements would enable the release of new loans to the debt-ladden country, Xinhua news agency reported. "We had intensified talks to, first of all, …
Continue reading "Greece, creditors agree on key elements of reform package"
April 8, 2017Italy, Israel, Greece and Cyprus pledged on Monday to move ahead with the world's longest undersea gas pipeline from the eastern Mediterranean to southern Europe, with support from the European Union. If carried out as planned, the long-discussed USD 6.2 billion pipeline would take gas from Israel and Cyprus's recently discovered offshore gas reserves to …
Continue reading "EU nations, Israel eye longest undersea gas pipeline"
April 3, 2017It was a rather strained effort in Rome last Saturday to project the European Union as “our common future”. So perhaps it is for the greater glory of the Continent, and a pious signal of intent on the EU’s 60th anniversary was only to be expected. However, behind the facade of the Rome Declaration, so-called, …
Continue reading "Anniversary blues"
March 29, 2017US President Barack Obama on Tuesday issued a warning against “crude” nationalism following Donald Trump’s shock election win as he visited Europe on a mission to reassure jittery allies. Obama, making his last foreign trip as president, said the NATO alliance was “absolutely vital” to US interests and stressed a strong, unified Europe was good …
Continue reading "Obama warns against ‘crude’ nationalism"
November 15, 2016US President Barack Obama on Tuesday issued a warning against “crude” nationalism following Donald Trump’s shock election win as he visited Europe on a mission to reassure jittery allies. Obama, making his last foreign trip as president, said the NATO alliance was “absolutely vital” to US interests and stressed a strong, unified Europe was good …
Continue reading "Obama warns against ‘crude’ nationalism"
November 15, 2016