Russia and the EU

Latest business news about Russia and the European Union

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EU warns Latvia about non-resident banking — 16 January 2013, 22:46 CET

The European Commission warned eurozone aspirant Latvia on Wednesday to guard against growing banking sector imbalances and to closely monitor the identity of non-resident account holders.

Russia hints at laxer Cyprus debt rules — 11 January 2013, 14:30 CET

Russia said on Friday it was ready to loosen the terms under which debt-ridden Cyprus had to repay loans which Russia had made to its close trading partner.

EU, Russia say new settlements are 'obstacle to peace' — 21 December 2012, 19:26 CET

European Union foreign policy chief Catherine Ashton and Russian Foreign Minister Sergei Lavrov on Friday issued a rare and strong joint condemnation of Israeli plans to massively expand settlements.

Up to EU to decide on Cyprus aid: Putin — 21 December 2012, 19:20 CET

Russian President Vladimir Putin said Friday it was up to European Union countries to decide on a bailout for Cyprus, despite its close economic links with Moscow.

Combative Putin takes EU to task — 21 December 2012, 19:33 CET

EU leaders played up the positives of a 30th summit with Russia Friday but a combative Russian President Vladimir Putin took them bluntly to task over energy and human rights.

Topless Femen feminists detained in anti-Putin protest — 21 December 2012, 13:02 CET

Four pro-democracy activists from Ukraine's feminist group Femen staged a brief topless protest Friday against Russian President Vladimir Putin, who was in Brussels attending a European Union summit.

EU welcomes Putin with Syria back in focus — 21 December 2012, 19:32 CET

Russian President Vladimir Putin went into talks with European Union leaders Friday, tackling a lengthy agenda of contentious issues from trade and human rights to Syria.

Tough-talking Putin visits Brussels — 20 December 2012, 11:50 CET

The European Union welcomes Russian President Vladimir Putin on Thursday, highlighting its partnership with a Moscow determined to forcefully defend its interests against Western interference.

South Stream says undersea construction to begin in 2014 — 10 December 2012, 15:59 CET

Construction of the undersea section of the South Stream gas pipeline linking Russia to European consumers will only begin in 2014, the consortium said Monday after a major ceremony led by President Vladimir Putin launched the project.

A trio of gas pipelines fight for southern Europe — 07 December 2012, 17:05 CET

Three competing pipelines, South Stream, Nabucco and TAP, have launched projects in the past few years to supply southern Europe with gas from Russia, the Caspian Sea and beyond as Europe seeks to diversify its gas sources:

Putin launches construction of South Stream pipeline — 07 December 2012, 17:03 CET

President Vladimir Putin on Friday launched construction of the long-awaited South Stream pipeline that the Kremlin hopes will pump Russia's gas to Europe while avoiding its unpredictable neighbour Ukraine.

Russia hits back at EU with own human rights report — 06 December 2012, 21:59 CET

Russia, a target of regular criticism from Europe over human rights, hit back Thursday with a report on the rights situation in the European Union, saying it was plagued by racism, police abuse and neo-Nazism.

Russia must meet WTO commitments: EU — 05 December 2012, 18:38 CET

Russia, which has just joined the World Trade Organization after years of difficult talks, must meet membership commitments or face the consequences if it does not, the European Union said Wednesday.

Russian diplomat slams EU-backed Caspian pipeline — 01 December 2012, 22:56 CET

A Russian diplomat on Saturday called a planned pipeline linking gas-rich Turkmenistan with Europe via the Caspian Sea a political project of the West that could cause tensions without ensuring Europe's energy security.

Russia has no intention to reduce euro reserves: PM — 27 November 2012, 17:12 CET

Russian Prime Minister Dmitry Medvedev said Tuesday that Moscow has no plans to reduce the amount of euros in its cash reserves, as the world benefits from having a second strong global currency.

Russia warns EU of visa retaliation — 27 November 2012, 11:57 CET

Russia on Tuesday warned the European Union that Moscow was considering retaliation if the bloc further delays dropping visa requirements for Russians.

Russia PM says EU economic crisis 'very serious threat' — 26 November 2012, 10:47 CET

Prime Minister Dmitry Medvedev said that Moscow was nervously watching the economic crisis in the European Union, which he said represented a serious threat to Russia's own economic performance.

Russia says Quartet 'insufficient' to solve Mideast crisis — 23 November 2012, 10:56 CET

Russia on Friday said the Middle East Quartet is an "insufficient" format for long-term resolution of the conflict between Israel and the Palestinians, calling on the body to work together with the Arab League.

Russia, Germany's Siemens sign EUR 2.5 bn train deal — 16 November 2012, 17:51 CET

Germany's Siemens on Friday signed an agreement worth 2.5 billion euros to supply Russia's state-owned railways with 675 locomotives in a joint venture with the Russian company Sinara Group.

Russian mafiosi would benefit from Cyprus bailout: report — 05 November 2012, 19:56 CET

Wealthy Russians, including mafiosi, would most benefit from an EU bailout to Cyprus, the weekly magazine Der Spiegel reported Monday, quoting a German intelligence agency report.

EU concerned at new Russia treason law — 25 October 2012, 18:26 CET

European Union foreign policy chief Catherine Ashton expressed concern Thursday after Russia's lower house passed a law broadening the definition of treason.

Euro-MPs want Russia sanctions over jailed lawyer's death — 23 October 2012, 19:37 CET

Members of the European Parliament have called for an asset freeze and travel ban on Russian officials linked to the 2009 death of lawyer Sergei Magnitsky while he was held in jail.

Rights court rules against Russia in Transdniestria education row — 19 October 2012, 20:46 CET

The European Court of Human Rights ruled Friday that Russia was liable for violating children's right to education after Moldovan authorities forcibly closed schools in Moldova's Russian-speaking separatist region of Transdniestria.

Russia says November Iran nuclear talks 'realistic' — 18 October 2012, 12:03 CET

Russia said Thursday it was "realistic" to hold direct talks next month between Iran's chief negotiator and six-nation representative Catherine Ashton over the Islamic republic's nuclear drive.

Russia says 'very concerned' by new EU Iran sanctions — 17 October 2012, 22:09 CET

Russia said Wednesday it is "very concerned" by new EU sanctions against Iran, which it claimed will work against talks on Tehran's contested nuclear programme.