Russia and the EU

Latest business news about Russia and the European Union

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Putin blasts EU's 'unconstructive' Gazprom probe — 09 September 2012, 21:09 CET

President Vladimir Putin has condemned as "unconstructive" an EU anti-trust probe against Russian energy giant Gazprom, saying Moscow is no longer prepared to subsidise eastern Europe.

Lithuania hails EU's Gazprom anti-trust probe — 05 September 2012, 17:03 CET

Lithuania on Wednesday hailed an anti-trust probe launched by the EU against Russian energy giant Gazprom, saying Moscow had punished it with higher prices over an EU-piloted gas market reform.

Gazprom defends pricing after EU probe — 05 September 2012, 17:02 CET

Russian gas giant Gazprom on Wednesday denied any wrongdoing on the European gas market and said it expects the Commission's anti-trust probe to respect its rights and interests.

Russo-British Chamber of Commerce — 04 September 2012, 19:16 CET

Business news and investment information about Russia and the Russian economy

Starting a business in Russia — 04 September 2012, 19:07 CET

This World Bank site provides information about the procedures and costs associated with starting a business in Russia.

Russia: country overview — 04 September 2012, 19:04 CET

Russia is the EU's largest neighbour, brought even closer to the EU by the 2004 enlargement. It is still struggling to establish a modern market economy and achieve strong economic growth.

EU launches anti-trust case against Gazprom — 04 September 2012, 23:34 CET

The European Commission has opened an anti-trust probe against Russian energy giant Gazprom on concerns it is hindering competition in central and eastern European gas markets.

Cyprus still waiting for EUR 5bn Moscow loan — 04 September 2012, 12:52 CET

Finance Minister Vassos Shiarly said on Tuesday that Cyprus is keeping up efforts to secure a five billion euro loan from Russia for its ailing economy but that no decision has yet been taken.

EU urges WTO member Russia to end ban on animal imports — 23 August 2012, 22:44 CET

The European Commission has urged Russia to end a contested ban on live cattle and pigs from certain EU states, saying it would otherwise be in breach of its newly-secured World Trade Organization membership.

EU hails Russia's WTO accession — 22 August 2012, 23:27 CET

EU trade commissioner Karel De Gucht on Wednesday hailed Russia's World Trade Organization entry as a major boost for the recession-threatened European economy.

Russia eyes Croatian route for South Stream pipeline: report — 20 August 2012, 17:53 CET

Russia's gas giant Gazprom is looking into having its South Stream pipeline pass through Croatia instead of Hungary, a Croatian firm said Monday.

EU slams Russia over Pussy Riot sentence — 17 August 2012, 19:17 CET

The EU's foreign affairs chief says a "serious question mark" hung over Russian justice and calls on Moscow to "reverse" its two-year jail sentences for three members of female music act Pussy Riot for protesting against President Vladimir Putin.

Russia refuses to comply with ship inspections over Syria — 29 July 2012, 23:35 CET

Russia said Saturday it would not cooperate with a new round of European Union sanctions against Syria and would not consent to inspections of ships flying the Russian flag.

Russia condemns new EU sanctions as Syria 'blockade' — 25 July 2012, 13:20 CET

Russia condemned on Wednesday a new round of EU sanctions against Syria over the prolonged conflict with the opposition as amounting to an air and sea "blockade" of its Soviet-era ally.

Russia, Italian firm sign EUR 1bn Caucasus tourism deal — 23 July 2012, 11:33 CET

Russia and a top Italian construction firm on Monday signed a deal worth 1.0 billion euros to build infrastructure for developing tourism in the violence-plagued Northern Caucasus region.

Estonia's petrol smuggling crackdown slashes border traffic — 21 July 2012, 11:15 CET

An Estonian crackdown on petrol smuggling from Russia has dramatically cut down on traffic jams at the Baltic state's border crossings, its revenue service said Friday.

Football: Russian minister rejects Euro 2012 racism claims — 11 June 2012, 14:05 CET

Russia's sports minister Vitaly Mutko has rejected claims that the country's football fans racially abused Czech player Theodor Gebre Selassie, instead suggesting the charges were a misunderstanding.

EU 'concerned' at Russia protest fines hike — 07 June 2012, 15:17 CET

The EU on Thursday expressed "concern" about new legislation passed by Russian lawmakers that dramatically ramps up fines for protesters pending final ratification by President Vladimir Putin.

EU lambasts Russia at head of global protectionist wave — 06 June 2012, 14:47 CET

Already locked in a trade dispute with China, the EU on Wednesday accused Russia of breaching it pending WTO obligations and other emerging economies of wilful protectionism.

Battles in Syria as EU-Russia seek solutions — 05 June 2012, 10:19 CET

Syrian government troops fought deadly battles with armed rebels as the European Union pushed to resolve a split with Russia over how to end the 15-month bloodshed.

Nord Stream lays second Baltic Sea gas link — 18 April 2012, 15:49 CET

The Nord Stream pipeline consortium said Wednesday it had finished laying the second and final Baltic Sea gas link between Russia and its main European consumers in Germany.

'Serious' pesticide threat in former Soviet Union: UN agency — 12 April 2012, 15:48 CET

The European Union and the UN's food agency announced an agreement on Thursday to manage vast stocks of obsolete pesticides in the former Soviet Union, warning they had become a "serious threat".

Russia halves Ukraine gas shipments — 30 March 2012, 14:52 CET

Gazprom said on Friday it had recently halved Russia's natural gas shipments to Europe through Ukraine as part of efforts to reduce deliveries through the troublesome transit nation.

EU urges Russia to lift import ban on cattle, pigs — 20 March 2012, 14:12 CET

The European Union called on Russia on Tuesday to lift a ban on imports of pigs, cattle and other live animals from the EU, saying it sent a "very bad signal" to trade partners.

Russia ban on EU pig imports stirs trade panic — 16 March 2012, 12:07 CET

EU experts flew to Russia Thursday in a last-ditch bid to defuse a new trade battle with Moscow after a Kremlin vow to block imports of live pigs from the European Union.