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Friday, July 3, 2020

EU to propose new measures to deter migrants

BRUSSELS (Reuters) - The European Union will announce plans next week to strengthen its external borders and push foreign states to do more to deter migrants. The plans are a last effort by the European Commission led by Jean-Claude Juncker to toughen policy on...

Global trade war to hold back modest euro zone growth: poll

Mumal Rathore, Shrutee Sarkar BENGALURU (Reuters) - The euro zone economy will muddle through this year and next with steady but modest growth in a slowdown from 2017, according to economists in a Reuters poll, which shows a majority expecting a brewing U.S.-led trade war...

Moscow to treat new US sanctions as act of economic war

Moscow considers Washington’s new anti-Russia sanctions over the ex-spy poisoning as a declaration of economic war, Prime Minister, Dmitry Medvedev, said on Friday. “All I can say is: if they ban banking operations or the use of any currency, we will call it a declaration...

Ireland says EU reaction to Brexit white paper lukewarm – minister

DUBLIN (Reuters) - Ireland’s foreign minister said on Friday reaction from EU capitals to Prime minister Theresa May’s Brexit white paper was lukewarm but said there was agreement it formed the basis for negotiations. “There has been a response that has been lukewarm to...

Merkel vows to stay in job, work at ‘under pressure’ U.S. relationship

BERLIN (Reuters) - Chancellor Angela Merkel, vowing to stay in office despite challenges at home and abroad, said she would work on Germany’s “under pressure” relationship with the United States but that Washington could no longer be relied on to deliver world order. In...

British foreign secretary quits in protest at May’s Brexit plan

LONDON (Reuters) - Prime Minister Theresa May’s strategy for leaving the European Union hung in the balance on Monday after two leading eurosceptic ministers resigned in protest at her plans to retain close EU ties after Brexit. Foreign Secretary Boris Johnson decided to walk...

European leaders reach migration deal after marathon overnight meeting

The deal has satisfied the Italian government's hardline approach. It has also potentially staved off the potential collapse of Angela Merkel's coalition in Germany. European leaders have hashed out a deal on migration that should satisfy the Italian government's hardline approach and stave off...

UK House Price Growth At 5-Year Low: Nationwide

UK house prices increased at the slowest pace in five years in June on squeezed household budgets and Brexit uncertainty, data from the Nationwide Building Society showed Wednesday. House prices grew 2 percent year-on-year in June, following May’s 2.4 percent rise. This was the weakest...

Tsipras Vows to Stick With Greece’s Euro Deal

Greek Prime Minister Alexis Tsipras vowed to stick with the financial commitments he agreed with European leaders this month and said there would be no return to the spending habits that ultimately triggered one of the biggest financial meltdowns in the continent’s history. Speaking in...

Greece Banks to benefit from new EUR 400m leasing finance scheme

First-ever EIB programme with Greek banks to support leasing finance New scheme will help companies use latest equipment and better premises Roll out confirmed with AlphaBank, Eurobank, National Bank of Greece and Piraeus Bank, through their leasing subsidiaries Builds on success of EUR 1 billion SME and...
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