Article | May 22, 2012 - 3:21pm
The Bulgarian President, Rosen Plevneliev, stated at the NATO summit in Chicago that the country will participate in financing the Afghan security forces with $500 000 per year after 2014.
The Bulgarian President, Rosen Plevneliev, stated at the NATO summit in Chicago that the country will participate in financing the Afghan security forces with $500 000 per year after 2014.
Article | May 22, 2012 - 4:42pm
The Georgian news agency Грузия Onlinereported on 22 May that the Bulgarian President, Rosen Plevneliev, and his Georgian counterpart, Miheil Saakashvili, agreed to exchange official visits in near future.
The Georgian news agency Грузия Onlinereported on 22 May that the Bulgarian President, Rosen Plevneliev, and his Georgian counterpart, Miheil Saakashvili, agreed to exchange official visits in near future.
According to the disseminated information, the two state officials met during the NATO summit in Chicago and discussed a few ‘common grounds’.
Article | May 22, 2012 - 11:32am
The 23 May EU leaders summit in Brussels might not be able to come up with ground breaking decisions balancing fiscal discipline with growth nor is expected to decide on the issuance of Eurobonds or the recapitalisation of banks.
The 23 May EU leaders summit in Brussels might not be able to come up with ground breaking decisions balancing fiscal discipline with growth nor is expected to decide on the issuance of Eurobonds or the recapitalisation of banks.
Article | May 22, 2012 - 1:24pm
Russia’s LUKoil, which is the third private oil company by proven hydrocarbon reserves in the world, intends to further expand its presence at the Caspian region.
Russia’s LUKoil, which is the third private oil company by proven hydrocarbon reserves in the world, intends to further expand its presence at the Caspian region. LUKoil President Vagit Alekperov and Kazakhstan's national company KazMunayGas CEO Lyazzat Kiinov signed a Memorandum of Understanding which sets the basis for co-operation of Russian companies in studying of geological-geophysical data of free unlicensed onshore and offshore sites in Kazakhstan.
Article | May 22, 2012 - 3:09pm
European stock markets today, Tuesday 22 May, opened in the green and remained there until well into the afternoon.
European stock markets today, Tuesday 22 May, opened in the green and remained there until well into the afternoon.
Blog entry | May 21, 2012 - 10:38am
PARIS – When François Hollande, fresh from his election as France’s next president, was asked by a journalist which language he would use when he meets US President Barack Obama for the first time, his answer was revealing. “I speak English more fluently than the former president,” the Socialist leader insisted, referring to the outgoing Nicolas Sarkozy. “But a French president must speak French!”
PARIS – When François Hollande, fresh from his election as France’s next president, was asked by a journalist which language he would use when he meets US President Barack Obama for the first time, his answer was revealing. “I speak English more fluently than the former president,” the Socialist leader insisted, referring to the outgoing Nicolas Sarkozy. “But a French president must speak French!”
Article | May 21, 2012 - 5:54pm
“In the June election the Greek voters will choose to either remain in the euro area or exit from it”, the British Prime Minister David Cameron said from the United States, where he is attending the G8 and the NATO summits.
“In the June election the Greek voters will choose to either remain in the euro area or exit from it”, the British Prime Minister David Cameron said from the United States, where he is attending the G8 and the NATO summits.
Article | May 21, 2012 - 5:45pm
The Croatian Democratic Union (HDZ) elected, on early morning of 21 May, a new leadership and took a decisive step towards the rightist segment of the political spectrum and in a symbolic way, by returning a bust of the former president Franjo Tudjman, reverted the party back to 1990s.
The Croatian Democratic Union (HDZ) elected, on early morning of 21 May, a new leadership and took a decisive step towards the rightist segment of the political spectrum and in a symbolic way, by returning a bust of the former president Franjo Tudjman, reverted the party back to 1990s.
Article | May 21, 2012 - 2:17pm
Newly-elected Serbian president, Tomislav Nikolić, announced in his victory speech that Serbia will continue its progress towards the EU.
The leader of the Serbian Progressive Party (SNS), Tomislav Nikolić, was elected president of Serbia on 20 May, managing to capitalise on the complacency of his counterpart's supporters and accomplishing a major upset.
According to nearly-completed official counts, Nikolić won 49.51% of votes, while the incumbent president and leader of the centre-left Democratic Party (DS), Boris Tadić, got 47.35%.
Nikolić announced in his victory speech that Serbia will continue its progress towards the EU.
Article | May 21, 2012 - 7:52pm
The interim President of the Party of European Socialists (PES), Sergey Stanishev, will continue to lead the Bulgarian Socialist Party (BSP) after being re-elected as chairman for the third time gaining over 77% of the votes.
The interim President of the Party of European Socialists (PES), Sergey Stanishev, will continue to lead the Bulgarian Socialist Party (BSP) after being re-elected as chairman for the third time gaining over 77% of the votes. His main opponent for the leadership post of the Bulgarian Left was former President Georgi Parvanov who, subsequently, withdrew his candidature.
Article | May 21, 2012 - 8:06pm
On 21 May, Russian President Vladimir Putin named a new Cabinet, keeping several key ministers, including finance, foreign and defence, at their posts, but also replacing the most unpopular ones.
On 21 May, Russian President Vladimir Putin named a new Cabinet, keeping several key ministers, including finance, foreign and defence, at their posts, but also replacing the most unpopular ones.
Article | May 20, 2012 - 9:03pm
Kazakhstan’s President Nursultan Nazarbayev and his Belarusian counterpart Alexander Lukashenko have agreed to jointly battle efforts to use human rights issues for exerting political pressure, the Belarusian president's press office said.
Kazakhstan’s President Nursultan Nazarbayev and his Belarusian counterpart Alexander Lukashenko have agreed to jointly battle efforts to use human rights issues for exerting political pressure, the Belarusian president's press office said.
"The parties shall provide mutual assistance on international platforms on the human rights issue, jointly counter attempts to use the issue of human rights as a mechanism of political pressure," the Belarusian and Kazakh presidents said in a statement.
Article | May 20, 2012 - 6:50pm
Herman van Rompuy and José Manuel Barroso congratulated Tomislav Nikolić on his election for president of Serbia hours before polling stations were even closed.
Following a well known practice of preparing press releases without any consideration of the content, the press teams of the European Commission and the European Council have issued a statement congratulating the nationalist opposition candidate Tomislav Nikolić on a victory in the presidential elections in Serbia, hours before the ballot stations were even closed.
The premature release was quickly removed from the web, but it caused major turmoil in Serbia online media, giving a boost to the nationalist opposition candidate.
Blog entry | May 20, 2012 - 10:26pm
Last week, on Europe Day, when the eurocrats and the hangers on mark the glory of our eternal, precious union, Herman Van Rompuy announced that the financial crisis was essentially over and everyone would be back in growth by the end of the year.
I said at the time that history has not been kind to European leaders who say ‘it’ll all be over by Christmas’. It only took a few days for history to slap the Council President in the face, although there is no sign that reality has in any way impacted on our Chief Monk.
Blog entry | May 20, 2012 - 10:24pm
2012 was billed as a year of change in Europe, with elections in France, Greece and Russia eagerly anticipated: France for the potential election of a Socialist President, Greece to see how its people would vote in bitter times, and Russia, even though the result was a foregone conclusion, for the clues it might give to the way the largest country in Europe is developing.
2012 was billed as a year of change in Europe, with elections in France, Greece and Russia eagerly anticipated: France for the potential election of a Socialist President, Greece to see how its people would vote in bitter times, and Russia, even though the result was a foregone conclusion, for the clues it might give to the way the largest country in Europe is developing.
Article | May 20, 2012 - 9:21pm
The second round of Serbian presidential elections will take place on 20 May and the two contenders – the incumbent president Boris Tadić and the opposition leader Tomislav Nikolić – faced each other in a televised debate on 16 May.
The second round of Serbian presidential elections will take place on 20 May and the two contenders – the incumbent president Boris Tadić and the opposition leader Tomislav Nikolić – faced each other in a televised debate on 16 May.
Article | May 20, 2012 - 10:15pm
New French President Francois Hollande has declared assets under his possession worth €1.17 million, local reports revealed.
New French President Francois Hollande has declared assets under his possession worth €1.17 million, local reports revealed. The career politician with four children reportedly owns three properties in the south -- a family villa in the hills above Cannes and two small flats. Other than the property, he has a life insurance policy worth only €3,550, furniture worth €15,000 and a total of €8,258 in current accounts, the reports said, citing his declaration in the official gazette.
Article | May 20, 2012 - 10:09pm
Italian investors are likely to receive a welcome message from UAE to take their initiatives to the Middle Eastern country. The newly elected President of the Italian Business Council in Abu Dhabi, Alberto Nencha, last week announced that his efforts would remain focused on bringing Italian companies to the UAE as also on encouraging UAE companies to find suitable investment scope in Italy.
Italian investors are likely to receive a welcome message from UAE to take their initiatives to the Middle Eastern country. The newly elected President of the Italian Business Council in Abu Dhabi, Alberto Nencha, last week announced that his efforts would remain focused on bringing Italian companies to the UAE as also on encouraging UAE companies to find suitable investment scope in Italy.
Article | May 20, 2012 - 8:55pm
Latest data released by State Statistics Committee showed that foreign companies invested 392.5bn soms in the Uzbek economy in the first three months of the year against 824.4bn soms sums in the same period of 2011, Uzbekreport.com reported.
Latest data released by State Statistics Committee showed that foreign companies invested 392.5bn soms in the Uzbek economy in the first three months of the year against 824.4bn soms sums in the same period of 2011, Uzbekreport.com reported.
Article | May 20, 2012 - 9:31pm
European Parliament president Martin Schulz, who has expressed himself in favour of Greece's stay in the eurozone, is visiting the nation's capital on 18 May.
European Parliament president Martin Schulz, who has expressed himself in favour of Greece's stay in the eurozone, is visiting the nation's capital on 18 May.
From Athens, via his iPhone, Schulz tweeted: "In Europe we talk a lot about Greece, but not enough with the Greeks. This is why I'm in Athens today-to talk with and listen to the Greeks."
Schulz also has warned against any Greek exit from the eurozone, saying the country's economy could collapse within days if it abandoned the single currency.
Blog entry | May 20, 2012 - 10:34pm
The election of Francois Hollande as French president, as well as being a big political story, is a big economic one; one propeller of the twin engine of the European Union and its single currency has been replaced, the other, German Chancellor, appears to be stuttering. After recent electoral setbacks, the chancellor looks politically vulnerable ahead of next year’s federal elections, and as more and more under pressure to ease-up on the rhetoric of austerity, as leaders and politicians around Europe take the cue from Hollande and start talking growth.
Article | May 20, 2012 - 10:37pm
The retiring president reminded his successor of the 'look but don't touch' rule.
The retiring president reminded his successor of the 'look but don't touch' rule.
Blog entry | May 20, 2012 - 10:32pm
Even from a business point of view, the spectacle of the newly appointed French President François Hollande running to Berlin, practically minutes after his official inauguration, was by itself a strong message; France is not to question the German prerogative in the European Union and of course in the Eurozone.
Article | May 18, 2012 - 12:09pm
With Alexis Tsipras, the young leader of the left wing party SYRIZA, predicted to win the next election, insisting on his electoral rhetoric that his country should stop paying its creditors if the Eurozone cuts Greece off the agreed soft loans, it was not a surprise that stock markets in Europe and New York keep losing ground
With Alexis Tsipras, the young leader of Greek left wing party SYRIZA, predicted to win the next election, insisting on his electoral rhetoric that his country should stop paying its creditors if the Eurozone cuts Greece off the agreed soft loans life line, it was not a surprise that stock markets in Europe and New York keep losing ground, and the G8 Summit which meets on 18 and 19 May in Camp David has Greece as its main item on the agenda.
Article | May 18, 2012 - 12:25pm
Russian President Vladimir Putin decided not to attend the Group of Eight (G8) summit hosted by US President Barack Obama to be held at the Camp David US presidential retreat in Maryland on 18-19 May.
Russian President Vladimir Putin decided not to attend the Group of Eight (G8) summit hosted by US President Barack Obama to be held at the Camp David US presidential retreat in Maryland on 18-19 May. Putin told Obama when the latter called to congratulate him on his inauguration that he will be too busy finalising Cabinet appointments, adding that Prime Minister Dmitry Medvedev would replace him.