European Central Bank President Mario Draghi faces lengthy interrogation at the European Parliament today.
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.
Slowing growth in the Chinese and U.S. factory sectors earlier this week did nothing to soothe frayed market nerves and put a firm focus on today’s service sector PMI surveys in Europe along with the equivalent U.S. report and a weekly jobless number there.