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West's ties with Russia frozen after year of Ukraine conflict 03 April 2015, 10:02 CET
Relations between the West and Russia remain at their lowest ebb since the Cold War on the first anniversary of the start of the eastern Ukraine conflict, but all bridges have not yet been burned, analysts say.

Nuclear sanctions on Iran to be lifted if it meets deal 03 April 2015, 09:56 CET
A raft of biting global sanctions imposed on Iran for its suspect nuclear activities will be lifted over time, if the Islamic republic sticks to the terms of a final deal with global powers.

EU criticises Thai junta's martial law successor 02 April 2015, 22:38 CET
The European Union rejected Thursday the Thai junta's announcement of the lifting of martial law, saying that replacement legislation would not loosen the military's grip on power.

ECB says QE programme already boosting recovery 03 April 2015, 10:01 CET
The European Central Bank said Thursday it is increasingly confident that its controversial bond purchase programme is helping boost the eurozone's economic recovery, even as a top official expressed doubts about its effectiveness.

EU to decide soon in Google anti-trust probe: source 03 April 2015, 10:01 CET
EU anti-trust regulators are set to announce later this month a decision that could result in charges against US Internet giant Google over its grip on Europe's search market, says a source close to the case.

Top ECB official sceptical about bond purchases: report 02 April 2015, 10:57 CET
One of the members of the European Central Bank's executive board, Sabine Lautenschlaeger, expressed doubt Thursday that the ECB's controversial bond purchase programme will have the desired effect.

ECB raises Greek banks' emergency funding by EUR 700m 02 April 2015, 00:17 CET
The European Central Bank on Wednesday further increased the maximum Emergency Liquidity Assistance that Greek banks can obtain by 700 million euros, a banking source said.

No deal in Greece reform list talks: source 01 April 2015, 19:24 CET
Fresh talks between Greece and its creditors on a list of reforms ended without a deal Wednesday, with a widely anticipated meeting of eurozone finance ministers now unlikely to happen in the near future, sources said.

Uber files complaints with EU against France, Germany, Spain 03 April 2015, 10:04 CET
Uber has filed complaints with the EU against France, Germany and Spain as the popular taxi app hits back against efforts to ban it from Europe's streets, officials said on Wednesday.

EU urges Ukraine to accept Russian gas offer 01 April 2015, 16:06 CET
The EU urged Ukraine on Wednesday to accept Russia's offer to extend the current gas deal with Kiev by another three months, saying it bodes well for an agreement for next winter.

Germany's overall debt ratio fell in 2014: Bundesbank 01 April 2015, 10:32 CET
Germany's total debt increased slightly in 2014, but because the economy grew, its proportion of overall output fell, the country's central bank or Bundesbank said Wednesday.

EU banking watchdog mulls cap on sovereign debt exposure 01 April 2015, 16:08 CET
Europe's new banking supervisory chief, Daniele Nouy, suggested Wednesday that banks should limit their exposure to sovereign debt which she said can no longer be regarded as risk-free.

EU introduces labels on origin of meat other than beef 01 April 2015, 16:08 CET
The EU will on Wednesday introduce labels showing the origins of pre-packed meat other than beef, but critics had sought even tougher rules in the wake of the horsemeat scandal.

EU 'distressed' by Yemen civilian deaths 31 March 2015, 20:41 CET
The European Union expressed concern Tuesday at civilian deaths in Yemen after days of Saudi-led air strikes against rebel forces including one that killed scores at a displaced persons camp.

EU banking supervisor calls for quick solution on Greece 31 March 2015, 20:41 CET
The head of Europe's banking supervisory authority, Daniele Nouy, called Tuesday for a rapid solution to Greece's debt problems in order to reduce the uncertainty for the banking sector.

Moscovici: Portugal economy sees progress but must continue reforms 31 March 2015, 17:28 CET
Portugal's "extraordinary efforts" towards structural reforms have paid off but more needs to be done to get the economy back on track, European Union Economic Affairs Commissioner Pierre Moscovici said.

Greek bailout deal possible by end April: EU 31 March 2015, 20:39 CET
A deal on Greece's bailout is possible before the end of April, EU Council President Donald Tusk said Tuesday as Athens continued tough talks with its creditors on a disputed list of reforms.

Syria aid pledges top $2 billion as donors meet 31 March 2015, 17:28 CET
The European Union and other donors pledged more than $2 billion on Tuesday to help alleviate war-torn Syria's humanitarian crisis, which Kuwait's emir called the worst in "modern history".

Eurozone deflation eases, unemployment drops 01 April 2015, 16:08 CET
Deflation in the eurozone eased in March, official data showed Tuesday, reducing concerns that the European economy faces a dangerous spiral after four straight months of falling consumer prices.

German farmers not cowed by end of EU milk quotas 31 March 2015, 10:19 CET
Fresh from a massage, the cows turn slowly on a computerised "milking carousel" -- everything is ready at the Heideland farm south of Berlin to ramp up production once European milk quotas end on Wednesday.

Lisbon, Luxembourg rank Europe's worst for pollution fight: study 31 March 2015, 00:27 CET
Lisbon and Luxembourg rank last in a test of how hard European cities are fighting air pollution, while Zurich and Copenhagen come top, an environmental group said Tuesday.

Bulgaria assails Greek law fighting tax avoidance 30 March 2015, 20:43 CET
Bulgaria complained Monday to the European Commission about a new Greek law battling corporate tax avoidance that Sofia warns could undermine trade between the two Balkan neighbours.

EU, Montenegro broaden membership talks despite expansion freeze 30 March 2015, 16:53 CET
The European Union announced Monday it was broadening its negotiations with Montenegro on future EU membership even though the 28-nation bloc has frozen expansion over the next five years.

EU warns Greek reform list 'not there yet' 30 March 2015, 20:40 CET
The EU warned Monday that Greece and its creditors had yet to hammer out a new list of reforms despite talks lasting all weekend aimed at staving off bankruptcy and a euro exit.

Sri Lanka minister warns Tamil Tiger rebels could regroup 30 March 2015, 20:43 CET
Sri Lanka's new government warned Monday that defeated Tamil Tiger rebels could regroup and orchestrate another conflict, six years after their defeat in the island's separatist war.