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Europe

A collection of 154 issues

EU countries are unlikely to unanimously support the ban on short-term visas for Russians - head of EU diplomacy Josep Borrell

n his opinion, the restrictions should affect only some Russians, such as "oligarchs. Baltic states proposed to the European Commission to introduce the 8th package of sanctions against Russia: measures on trade and energy, new restrictions on Swift - Estonian Foreign Ministry

Europe stops producing fertilizers

The increase in gas prices by almost 30% since mid-August caused a wave of shutdowns of European fertilizer production facilities. Within a few days, major companies in Norway, Germany, Poland, Lithuania, France, Great Britain and Hungary announced the reduction of production or closure of plants. Overall, according to analysts, more

Opposition to the re-consideration of coal-fired power in Austria

The government failed to secure the support of opposition parties for a bill to restore coal-fired power. The bill was rejected in parliament, and opposition representatives expressed dissatisfaction with the country's energy policy. Plans for the bill included energy companies developing plans to switch to energy sources other than gas.

Director of Germany's largest gas company thickens the clouds: says gas supply will be a problem in winter

The CEO of Uniper also said that Gazprom does not intend to increase supplies through Nord Stream 1. According to him, the Russian company could increase supplies at any time. In the meantime, gas prices in Europe are trying to renew the local maximum: today quotations are growing by 6%

The price of gas in Europe exceeded $2500 in a moment

We remind you that Gazprom expects gas at $4000 by this winter. In conditions of severe fuel shortages in the EU market such prices cannot be ruled out.

Alrosa has paid coupons on two issues of Eurobonds in rubles, the company said

Payments on bond issues in the amount of $1 billion were made in rubles. The company could not fulfill its obligations in foreign currencies because of the sanctions imposed.

ECB "pumped" into the economies of Italy, Greece and Spain 17 billion euros in two months

All as part of a new plan to rescue the EU economy. The ECB will buy bonds of Italy, Greece and Spain at the expense of repayment of bonds of Germany, France and other major EU economies. The ECB is trying to help the Italian economy, which is struggling with

A third of Germans may not be able to cope with their energy bills

The German Union of Tenants fears that at least a third of the country's low-income residents due to the rapid increase in gas prices will not be able to pay the rising electricity bills. This opinion was expressed by the head of the association Lukas Siebenkotten in an interview with

Replacing gas with coal at EU plants caused disapproval of "green" investors - Reuters

Due to problems with the supply of Russian gas, many industries in the EU are forced to switch to coal: it is quite productive, and at the same time - affordable. Its main drawback is the amount of harmful emissions, which is not to the liking of "eco-friendly" investors. The

Austria never wanted to give up on Russian gas, says Foreign Ministry

According to Austrian Foreign Minister Schallenberg, Austria and a number of other countries opposed restrictions on Russian gas from the very beginning. The sanctions should affect Russia, not return to the EU "like a boomerang.