Europe

European Union slashes 10% of Russian imports with new sweeping sanctions

The European Union on Friday formally adopted new sweeping sanctions against Russia, including bans on the import of coal, wood, chemicals and other products which were estimated to slash at least 10% of total imports from Moscow.

Clock ticks down towards a Russian default

Russia could face its first sovereign external default in over a century after it made arrangements to make an international bond repayment in roubles earlier this week, even though the payment was due in U.S. dollars.

Italian Exhibition Group: A Sunny result for the first edition of sec the photovoltaic event

The first edition of SEC - Solar Exhibition and Conference by Key Energy, Italian Exhibition Group's “vertical” solar and photovoltaic event, closed successfully today at Rimini Expo Centre . Three days of technological showcasing one of the most central sectors for energy transition and, therefore, for the global economy, at a time when international tensions on energy supplies are so much in the public eye.

EU executive in new bid to cut funds to Hungary for weakening democracy

The European Union executive started a new disciplinary procedure against Hungary on Tuesday in a step that could lead to freezing funding for Prime Minister Viktor Orban for undercutting liberal democratic rights.

Dmitry Peskov : Russia says it would have to ‘rebalance’ if Finland and Sweden join NATO

Kremlin spokesperson Dmitry Peskov said on Thursday that if Finland and Sweden joined NATO then Russia would have to "rebalance the situation" with its own measures.

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