The new political season in Ukraine kicked off with audio tapes leaked on Wednesday (15 January), suggesting that the prime minister, finance minister and deputy central bank governor had criticised President Volodymyr Zelenskiy's incompetence in the fields of economy and finance.
Italy will delay to early 2020 the presentation of a plan to sell its stake in Monte dei Paschi di Siena, the Treasury said on Sunday (29 December), as the bank struggles to shed bad loans.
Interest rates in the eurozone could remain historically low for years, but the European Central Bank's (ECB) ultra-loose monetary policy risks becoming counterproductive, ECB governing council member Klaas Knot said in an interview published on Monday (23 December).
Turkey cannot handle a fresh wave of migrants from Syria, President Tayyip Erdogan said on Sunday (22 December), warning that European countries will feel the impact of such an influx if violence in Syria's northwest is not stopped.
Ankara will resist efforts by its NATO allies to persuade it to back an alliance defence plan for the Baltics and Poland until its demands are met over a plan for Turkey's defence, a Turkish diplomatic source said on Wednesday (27 November).
The World Trade Organisation formally authorised the US on Monday (14 October) to impose tariffs on up to $7.5 billion worth of EU exports after an arbitrator's decision over subsidies to planemaker Airbus.
Prime Minister Boris Johnson will announce a £1.8 billion cash injection for Britain's public health system on Monday (5 August), seeking to honour his Brexit pledges as he pushes through the country's departure from the European Union.
Swiss President Ueli Maurer played down prospects for quickly ending a standoff with the European Union over a stalled partnership treaty that has disrupted cross-border stock trading and strained ties with Switzerland's main trading partner.
UK Prime Minister Boris Johnson said on Monday (29 July) the Brexit divorce was dead and warned that unless the European Union renegotiated, Britain would leave on 31 October without a deal. Johnson’s bet is that the threat of a...
Iran threatened on Monday (8 July) to restart deactivated centrifuges and ramp up its enrichment of uranium to 20% purity as its next potential big moves away from a 2015 nuclear agreement that Washington abandoned last year. The threats, made...
Jaguar Land Rover is making a multi-million pound investment to build electric vehicles in Britain, in a major boost for the UK government and a sector hit by the slump in diesel sales and Brexit uncertainty.
EU leaders have agreed that conservative German candidate Manfred Weber will not become president of the next European Commission, Germany's Die Welt daily reported on Friday, citing sources familiar with the decision. Instead, Socialist Frans Timmermans is now the frontrunner for the EU's top job.
Pressure is mounting on Turkish authorities to open their borders to more than 200,000 refugees from Syria. What prevents the refugees from entering is a 764-km wall Turkey has built along the border, in fear of Kurdish "terrorists".
Chancellor Angela Merkel and Germany’s powerful BDI industry association distanced themselves on Thursday (16 May) from the US government’s decision to put Chinese telecom equipment giant Huawei Technologies on a blacklist. Citing national security concerns, Donald Trump signed an executive...
Turkish economy has been faced with one of the most challenging times in its history. The re-run decision of İstanbul mayoral election has unnerved financial markets and put pressure on the already ailing lira, which tumbled to its weakest level in eight months at 6.2460.
Istanbul is getting ready for a re-run of the mayoral election that has laid bare Turkey’s deep political divisions and raised concerns about its democracy. People are canceling vacations, and holiday resorts published spoofs about heavy snows expected on 23 June.
Turkey's highest electoral body is expected to rule in the coming hours on the appeal by President Recep Tayyip Erdoğan’s AKP party, for a re-run of the Istanbul local elections, five weeks after a stunning opposition victory in the city.
Turkey's main opposition candidate took office as Istanbul mayor on Wednesday (17 April) after a stunning victory over President Tayyip Erdogan's AK Party, but the new head of the country's largest city still faces an appeal for the vote to be re-run.
US Secretary of State Mike Pompeo met with the EU's top diplomat in Brussels on Friday (15 February), a day after Vice President Mike Pence accused America's traditional European allies of trying to undermine U.S. sanctions against Iran.
Hungarian Prime Minister Viktor Orbán's ruling Fidesz party will not join a eurosceptic alliance spearheaded by Italy in the run-up to European Parliament elections despite their common hard line on immigration, a government official said on Wednesday (30 January).
Forty-nine migrants disembarked in Malta on Wednesday (9 January) after spending more than two weeks stranded on board rescue ships, ending a standoff in which EU countries had refused to offer them a safe port.
The global economy is set to slow down in 2019 and stabilise thereafter, the European Central Bank said on Thursday (27 December), while still expecting prices to rise.
France president Emmanuel Macron "lost authority" by releasing a budget draft which would exceed the EU's 3% deficit limit, Budget Commissioner Günther Oettinger said on Thursday (27 December) in an interview.
The European Commission announced on Monday (17 December) its intention to conclude a new treaty with Switzerland by June and will in the meantime allow Swiss stock exchanges to retain access to the EU market. The decision, which will take...
