Browsing: EU

EU clearinghouse Euroclear accrued €1.6 billion ($1.7 billion) in interest from frozen Russian assets in just three months of this year, its CEO Valerie Urbain has revealed. She warned however, that tapping the funds would have a severe impact on global financial markets.   

By: Suat Delgen Turkish naval warfare officer-turned-defense analyst The Caspian Sea (the term “sea” is not legally defined; it simply…

European Commission President Ursula von der Leyen intends to talk to visiting Chinese President Xi Jinping about policies that she claims pose a threat of de-industrialization in the bloc.

The leader has held talks with French President Emmanuel Macron and EU Commission chief Ursula von der Leyen amid growing tensions

The European Union’s High Representative Josep Borrell said called for an immediate humanitarian ceasefire in the Gaza Strip. Borrell said in…

The European Chamber of Commerce in Saudi Arabia (ECCKSA) aims to become the voice of European business in the GCC countries, supported by the EU

Saudi Arabia and Indonesia have reportedly been raising concerns over their own reserves held in the West The confiscation of…

Both officials reviewed areas of bilateral cooperation between Oman and the EU, notably in maritime security and cooperation in technical, economic and cultural fields

Raiffeisen Bank will start a sharp reduction of its Russian business by the end of this year, its CEO has announced

The European Union has offered Lebanon a financial package of 1 billion euros ($1.07 billion) to support its faltering economy and its security forces, European Commission President Ursula von der Leyen said on Thursday during a visit to Beirut.