European Union

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EU formally extends Russia sanctions

EU formally extends Russia sanctions

The European Union extended economic sanctions against Russia by six months on Monday after completing the legislative process for a decision endorsed last week by national leaders at an EU summit. Sanctions introduced in July 2014 will …

Turkey#039s economic turn to the East

Turkey's economic turn to the East

Growing economic pressures are pushing Turkey towards China and Russia

EU foreign policy chief condemns terror attack in Turkey’s Kayseri

EU foreign policy chief condemns terror attack in Turkey’s Kayseri

EU foreign policy chief Federica Mogherini condemned the car bomb blast which hit Turkey's central city of Kayseri and expressed condolences in a phone call with Turkish Foreign Minister Mevlut …

Merkel: EU decides to extend sanctions against Russia

Merkel: EU decides to extend sanctions against Russia

The sanctions against Russia over the Ukraine crisis will be extended for an additional six months, German Chancellor Angela Merkel said following the EU summit. Merkel explained …

EU agrees to extend Russia sanctions until mid-2017

EU agrees to extend Russia sanctions until mid-2017

European Union leaders agreed on Thursday to extend the bloc's main economic sanctions against Russia over Ukraine for six months until mid-2017, diplomats said, Reuters reported. The decision was expected and the formal process to …

EU Parliament approves cancellation of visa regime for Ukrainian, Georgian nationals

EU Parliament approves cancellation of visa regime for Ukrainian, Georgian nationals

The European Parliament on Thursday approved the completion of the legislative process to cancel the visa regime with the EU for citizens of Ukraine and Georgia. The decision was made by the majority of MEPs, Sputnik reports. …

Kosachev says current EU is caravan moving with speed of  slowest camel

Kosachev says current EU is caravan moving with speed of slowest camel

By speaking in favor of extending anti-Russian sanctions at the EU summit, French President Francois Hollande and German Chancellor Angela Merkel demonstrated the loss of leading positions in the European Union, …

EU fails to reach compromise on Turkish ascension

EU fails to reach compromise on Turkish ascension

Austria votes against ‘Freezing of Turkey’s accession process’ omitted in final declaration

Mogherini: Russia and EU can be on same side against US

Mogherini: Russia and EU can be on same side against US

Moscow and Brussels can be on the same side against Washington in certain cases, European Union foreign-policy chief Federica Mogherini …

EU sanctions on Russia to be extended for six months

EU sanctions on Russia to be extended for six months

The European Union will prolong sanctions against Russia for six more months by the end of 2016, a high-ranking EU official said ahead of the bloc’s summit. "Not one of EU countries has voiced concern over a possible …

Will Georgia receive visa-free regime with EU in January?

Will Georgia receive visa-free regime with EU in January?

The European Parliament may vote for the visa-free regime for the citizens of Georgia in January, following the adoption of the agreement by the Council of the European Union, the European Parliament said in a statement. "The deal …

The effectiveness and future of Western sanctions on Russia

The effectiveness and future of Western sanctions on Russia

Will the US and EU renew these sanctions before they expire early next year?

Mogherini: no EU member state asked for anti-Russian sanctions over Syria

Mogherini: no EU member state asked for anti-Russian sanctions over Syria

No member state of the European Union asked for sanctions against Russia over the situation in Syria at the EU Foreign Affairs Council on Monday, EU foreign policy chief Federica Mogherini said, Sputnik reports. …

German FM believes ceasing talks with Turkey on EU entry impractical

German FM believes ceasing talks with Turkey on EU entry impractical

Halting negotiations with Turkey on its accession to the European Union would be inexpedient at the moment, German Foreign Minister Frank-Walter Steinmeier said Monday, Sputnik reports. "I would …

EU Commission head speaks out against suspending accession talks with Turkey

EU Commission head speaks out against suspending accession talks with Turkey

European Commission President Jean-Claude Juncker spoke out on Sunday against suspending negotiations with Turkey on its accession to the European Union. “In contrast to the European …

Is Europe#039s frosty relations with Russia thawing amid growth of populism?

Is Europe's frosty relations with Russia thawing amid growth of populism?

Signs are growing relations between former Cold War enemies appear to be thawing following votes suggesting a new wave of politics sweeping across Europe.

EU to extend economic sanctions on Russia

EU to extend economic sanctions on Russia

The European Union will extend by six months its main economic sanctions on Russia over the conflict in Ukraine after the bloc's leaders meet in Brussels on Dec. 15, diplomatic sources and officials said, Reuters reported. The …

No documents signed by Russia, Ukraine, EU during gas talks

No documents signed by Russia, Ukraine, EU during gas talks

No documents were signed by Russia, Ukraine and the European Union during trilateral gas talks, chief executive of Ukraine’s Naftogaz Andrei Kobolev said after meeting. "We did not sign. No agreements were managed to …

 Mard: dialogue significant for Karabakh conflict settlement

Mard: dialogue significant for Karabakh conflict settlement

The European Union supports a comprehensive peaceful settlement of the Nagorno-Karabakh conflict, the EU ambassador to Azerbaijan, Malena Mard, said while commenting on the meeting of the OSCE Ministerial Council in …

Europe will surrender to fascism without Turkey

Europe will surrender to fascism without Turkey

EU measures against Turkey, which symbolically represents millions of Muslims, are to bring direct opposite consequences.

Mammadyarov: Yerevan avoids substantive talks on Karabakh

Mammadyarov: Yerevan avoids substantive talks on Karabakh

Yerevan avoids substantive negotiations on the Nagorno-Karabakh conflict settlement, strengthening its military presence in the occupied Azerbaijani territories, and by all means tries to maintain the status quo, the Azerbaijani Foreign Minister …

EU to hold talks on gas with Turkmenistan

EU to hold talks on gas with Turkmenistan

The EU is ready to continue the discussion of energy cooperation with Turkmenistan, Chargé d'Affaires of the European Union Lyubomir Frebort said at the international oil and gas conference, held in Ashgabat. …

European Central Bank leaves refinancing rate unchanged

European Central Bank leaves refinancing rate unchanged

The European Central Bank left all its main rates unchanged, with its key refinancing rate remaining at 0% and the key deposit rate left at -0.4%.  It said it expected "interest rates to remain at present or lower levels for …

Turkey yet to implement 7 conditions to achieve EU visa-free regime

Turkey yet to implement 7 conditions to achieve EU visa-free regime

Turkey still have to implement seven conditions needed to reach the liberalization of visa regime between Ankara and the European Union, the European Commission said in a press release. "As regards the implementation of the Visa …

OSCE concerned over Nagorno-Karabakh conflict

OSCE concerned over Nagorno-Karabakh conflict

Settlement of the Nagorno-Karabakh conflict depends on political will of the conflict sides, the OSCE Secretary General Lamberto Zannier said during the OSCE Ministerial Council meeting. He stressed that the …

EU may decide on visa-free travel for Georgia next week

EU may decide on visa-free travel for Georgia next week

EU Council and the European Parliament agreed on a mechanism for the temporary suspension of the visa-free regime for Georgia and Ukraine, which is a prerequisite for the abolition of visas. The European Parliament is to vote on the issue next …

Janelidze: EU will abolish visas for Georgia soon

Janelidze: EU will abolish visas for Georgia soon

The issue of abolishing visas for Georgian citizens is a priority for the European Union, so this process will be completed soon, Georgian Foreign Affairs Minister Mikheil Janelidze said. This statement was made …

What Azerbaijan Plans To Do When The Oil Runs Out

What Azerbaijan Plans To Do When The Oil Runs Out

The oil is running out and the need to diversify its streams of economic sustenance is more vital now than ever

European Populism in the Age of Donald Trump

European Populism in the Age of Donald Trump

A populist groundswell, newly bolstered by the Italian referendum's results, has found a voice in parties on both ends of the political spectrum

Oil demand in India to more than double by 2040

Oil demand in India to more than double by 2040

OPEC Sends Brent Crude Soaring Amid Pledge To Work With China, Russia