Read the latest news from regional and global sources, presenting different voices and perspectives.
Zelenskyy: Sanctions against Russian banks, financial sector needed, USA, EU and G7 can ensure this
Interfax Ukraine
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June 16, 2025
President of Ukraine Volodymyr Zelenskyy notes the importance of strengthening sanctions against the Russian Federation and combating schemes to circumvent sanctions in view of the ongoing Russian attacks on Ukraine. “This night, our air defense...
Europe embraces Nvidia's AI independence message
Cryptopolitan
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June 16, 2025
Nvidia CEO Jensen Huang’s message on “sovereign AI”, a model where nations build their own AI systems to preserve language, culture, and data autonomy, is starting to resonate powerfully in Europe. According to Huang, AI should not be controlled...
Europe open: Stocks rebound from one-month low, Kering jumps
ShareCast
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The European benchmark index was up 0.2% at 545.81 early on, with solid gains in Madrid (+0.9%) and Milan (+0.6%) tempered by moderate performances in London and Frankfurt (+0.2%) and losses in Zurich (-0.3%). The Stoxx 600 fell 1.6% last week to...
Europe is largely compensating for the reduction in U.S. aid to Ukraine
The Odessa Journal
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Europe now partly compensates for the reduction in U.S. aid to Ukraine, with the Nordic countries and the United Kingdom leading the way. This is according to a study by the Kiel Institute for the World Economy, Ukraine Support Tracker, as...
Germany backs Albania with major green infrastructure
Gazeta Tema
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June 16, 2025
Germany has expanded its infrastructure support in Albania, launching a new waste landfill in Vlora and rehabilitating water and energy facilities in the region. VLORA, June 16 (TemA) – A German-financed landfill in Sherishta, Vlora has begun...
Italy's public debt hits new high of 3.063 trillion
ANSA
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June 16, 2025
Italy's public debt in April climbed to a new record high of 3.0635 trillion euros, up 30.1 billion compared to the previous month, the Bank of Italy said on Monday. The central bank said the share of the national debt in foreign hands rose from...
European stocks edge higher ahead of central bank meetings, G7 gathering
News.Az
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European stocks edged higher Monday as investors digested the ongoing conflict in the Middle East ahead of a series of central bank meetings this week, including by the Federal Reserve, and a G7 meeting in Canada, News.az reports citing Investing....
EU Transport Commissioner Tzitzikostas Urges Innovation at Sofia Green Transition Forum
Bulgarian News Agency
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European Commissioner for Transport and Tourism Apostolos Tzitzikostas said the path to a climate-neutral Europe lies in innovation, investment and determination, during a video address at the Green Transition Forum 5.0: Competitiveness and...
European Commission President urges G7 to boost pressure on Russia
Ukrinform
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June 16, 2025
European Commission President Ursula von der Leyen said on Sunday that pressure on Russia must be stepped up to ensure a ceasefire in Ukraine, and called on the G7 nations to strengthen sanctions to achieve that goal. That’s according to Reuters,...
EU delays phaseout of Russian nuclear technologies
Ukrainska Pravda
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Nuclear power plant. Stock photo: Getty Images The European Union has postponed its plans to halt imports of Russian nuclear technologies. Source: Financial Times Details: In 2024, EU countries paid Russia €22 billion for energy resources, with...
Britain’s biggest retailers face £600m surge to business rates bill
Retail Gazette
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June 16, 2025
Britain’s biggest supermarkets and West End stores face a £600m surge in property taxes next year due to the Government’s reform of business rates. The new system, which come into effect from April 2026, will impact larger stores valued over...
EU interest rate tightening may not affect Singapore directly: Austrian central bank governor
The Business Times Singapore
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June 16, 2025
[SINGAPORE] Europe’s return to conventional monetary policy will not affect Singapore directly through interest rates, but indirectly through the Republic’s investments overseas, said Professor Robert Holzmann, the governor of Austria’s central...
Investors welcome rumour of Metro Bank takeover
The Independent (U.S.)
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June 16, 2025
Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our...
Europe at a crossroads: Brussels Economic Forum 2025 sparks more questions than answers
The Baltic Times
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As the Brussels Economic Forum (BEF), held in May, marked its 25th anniversary this year, the debate over Europe’s economic future turned sharply to the question of whether growth and climate action can truly coexist. Among the many high-level...
Poland finalising entry into EU’s AI gigafactory programme
Mobile Europe
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June 16, 2025
The Polish Ministry of Digital Affairs has announced that Poland is finalising discussions with European Union partners about participating in the European Union’s (EU) AI Gigafactory building programme. After public consultations, it is expected...
EU and Egypt launch investment platform to boost sustainable development
Africa Business Communities
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On 15th June, the European Union and the Government of Egypt launched the EU-Egypt Investment Guarantee for Development Mechanism. This platform will attract investments to high-impact projects in areas such as clean energy, water and wastewater...
European Parliament Vice President Negrescu: We Need to Start Planning if We Want to Build a Strong Europe
Bulgarian News Agency
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We need to start planning if we want to build a strong Europe and if we want to make sure that all countries in the EU will develop in the future, European Parliament Vice President Victor Negrescu said on Monday at the Green Transition Forum 5.0:...
Europe's Green parties are looking for a new lease of life
Euronews
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Published on 16/06/2025 - 12:26 GMT+2 Europe's fading Green parties met in Brussels to learn from their electoral setbacks and prepare for a comeback. Speaking about their future, they said they wanted to focus on a "just transition" that responds...
European Commission to revise 18th sanctions package with new measures targeting Belarus
Ukrainska Pravda
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Stock photo: Getty Images The European Commission has proposed including additional measures against Belarus and sanctions targeting software used by Russian banks in the draft of the EU’s 18th sanctions package against Russia. The updated draft...
EU nuclear energy development needs €241bn investment by 2050
Innovation News Network
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June 16, 2025
The report estimates that approximately €241bn will be required by 2050 to support the extension of existing nuclear reactor lifetimes and the construction of new large-scale nuclear plants. This substantial investment underscores nuclear power’s...