europe tag news

ABM Europe: the European missile shield (Obama)

The establishment of the European missile shield is not intended to undermine national security of Russia, said  U.S. President Barack Obama in Chicago on Tuesday. “This system is not intended to weaken the defensive capabilities of Russia, I still hope that Moscow will cooperate with us in the field of missile defense,” Sunday, May 20, the secretary general of the Atlantic Alliance Anders Fogh...

Greece’s Exit from Euro Would Be “Huge Mistake” (Spanish Prime Minister)

The Spanish Prime Minister Mario Rajoy believes that Greece’s exit from euro area would be a “big mistake” and invites the EU to defend all the European currency. “The departure of Greece in the euro area would be a great mistake, because the euro is a basic project uniting Europe”, told Mr Rajoy reporters after an intervention the Congress of Deputies (lower house of parliament...

Hollande sworn in as French president

Francois Hollande officially became president of the French Republic, announced the president of the Constitutional Council, Jean-Louis Debre. “From today you impersonate France, symbolize the values of the Republic and represent all French people,” solemnly stated Jean-Louis Debre, chair of France‘s Constitutional Court. Hollande was awarded the French Order of the Legion of Honour and signed an...

The daughter of Yulia Tymoshenko meets with German Minister of Justice

BERLIN – On Monday the daughter of former Ukrainian Prime Minister Yulia Tymoshenko met in Berlin, the German Minister of Justice to discuss the case of his mother imprisoned in Ukraine. Friday examined by German doctors in the prison of Kharkiv (eastern Ukraine), Ms. Tymoshenko was sentenced in October 2011 to seven years in prison for abuse of power in negotiating a contract to import Russian natural gas in...

Free Trade: EU launches negotiations with Armenia

The EU and Armenia held a preparatory meeting Thursday in Brussels as part of negotiations on establishing a free trade area EU-Armenia under the future association agreement, announced in Yerevan press service Armenian Ministry of Foreign Affairs. “During discussions, the parties noted the progress on the objectives and principles of the future agreement on issues of political dialogue, foreign policy and...

Janos Ader was elected president of Hungary

On Wednesday Janos Ader, a member of the European Parliament, was elected president by the Hungarian parliament, Xinhua reported referring to a statement of parliamentarians. The source said the new president was elected to parliament by 262 votes out of 386 possible, 40 deputies voted against. Janos Ader’s candidacy was proposed on April 16 by Prime Minister Viktor Orban of the country. The chairman of the...

G20: additional $ 430 billion to IMF

On friday rich countries and emerging G20 pledged in Washington to increase the financial resources of the IMF more than $ 430 billion. “There are firm commitments to increase resources available to the IMF more than $ 430 billion”, said the finance ministers in a statement issued after a meeting in Washington. In a separate announcement, the IMF has given the distribution of these commitments, the most...

Sharp decline in European stock markets in mid-session

PARIS (Reuters) – European shares declines sharply at mid-session Tuesday, after a long weekend by Easter, the statistical disappointing U.S. employment numbers in March and subdued China’s foreign trade darkening global economic outlook at the time opens in the U.S., the earnings season. In Paris, shortly before 13h, the CAC 40 lost 1.43% (47.37 points) to 3,272.44 points. In Frankfurt the Dax gave...

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