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European Union

EU unveils plan to boost competitiveness

The European Commission presented the Competitiveness Compass, a strategic blueprint aimed at restoring the European Union (EU)'s economic edge and driving technological leadership as it seeks to close the gap with the US and China.

German divide~II

The AfD when founded in 2013 had the reputation of being an old man’s club dissatisfied with Angela Merkel’s fiscal and foreign policies.

Oil reprisal

The European Union is poised to tighten its screws on Russia with the decision to impose an embargo on Russian oil after weeks of intensive talks.

Putin’s price

Ratcheting up pressure on Russia’s already battered $ 1.8 trillion economies, the European Commission proposed phasing out supplies of Russian crude oil within six months and refined products by the end of 2022.

Russian ‘blackmail’

A geopolitical conflict has assumed the character of an economic war with the European Union accusing Russia of “blackmail” in the context of Gazprom’s move to halt gas supplies to some European customers.