Following a dramatic fall in the price of oil, now down at $50 per barrel from above $115 in the middle of last year, euro zone inflation figures for December are likely to turn negative for the first time since 2009.
After euro zone inflation ticked up for the first time in many months and the latest PMI surveys showed factory activity expanded only very slightly last month, today the European Commission publishes its autumn economic forecasts.
By Luiza Ilie, photos by Luke MacGregor
Poverty and a lack of jobs have driven millions of Romanian workers abroad in search of a better life, helping fuel an anti-immigration backlash in wealthier Western countries that could hurt governments in upcoming European parliament elections. Reuters interviewed immigrants in the United Kingdom and the families of those left behind in Romania.
By Bogdan Cristel
Romania is proud to have produced a man thought by many to be the world’s first war photographer – Carol Popp de Szathmary, from the city of Cluj, who took photographs of the Crimean War in the 1850s.
A reported 0300 GMT deadline, which Russian forces denied had been issued, for Ukraine’s troops to disarm in Crimea or face the consequences has passed without incident and in the last hour President Vladimir Putin has ordered troops that took part in military exercises in western Russia to return to base.