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Nov 25, 2013

Police, pro-Europe protesters clash in Ukraine, EU condemns Russia

BRUSSELS/KIEV (Reuters) – The European Union expressed strong disapproval on Monday over Russia’s pressure on Ukraine to reject an EU trade deal, while police fired tear gas at pro-Europe protesters in the former Soviet republic’s capital, Kiev.

Ukraine had been expected to sign a far-reaching trade and political association agreement with the EU at a summit in Vilnius on Friday. But it suddenly announced last week it had decided to seek closer trade relations with Moscow instead.

Nov 22, 2013

Exclusive: Euro zone mulls cheap loans as incentive for economic reforms -document

BRUSSELS (Reuters) – Euro zone states are considering cheap loans to member governments as an incentive to carry out economic reforms by sweetening the short-term pain, an EU document showed, introducing a discussion on fiscal transfers.

The proposal did not specify how exactly the loans could be financed, mentioning only a European Commission idea from March that it could be either through direct contributions from governments or through designating a new revenue source.

Nov 22, 2013

Euro zone mulls cheap loans as incentive for economic reforms -document

BRUSSELS, Nov 22 (Reuters) – Euro zone states are
considering cheap loans to member governments as an incentive to
carry out economic reforms by sweetening the short-term pain, an
EU document showed, introducing a discussion on fiscal
transfers.

The proposal did not specify how exactly the loans could be
financed, mentioning only a European Commission idea from March
that it could be either through direct contributions from
governments or through designating a new revenue source.

Nov 22, 2013

EU loses out on Ukraine, but may have dodged a bullet

BRUSSELS, Nov 22 (Reuters) – In post-Soviet Europe, Russia
looks to have won a decisive victory by convincing Ukraine to
reject a trade deal with the European Union and deepen ties with
Moscow instead.

But the EU has reason to breathe a sigh of relief, too.

Once any sense of rejection or thwarted ambition passes, the
reality remains that taking Ukraine under its wing, a highly
indebted country of 46 million people stricken by corruption and
unpredictable politics, could have proven a costly and difficult
burden for the EU, at least in the short-term.

Nov 19, 2013

EU studies options in tense countdown to Ukraine deal

BRUSSELS (Reuters) – European officials are considering a range of options to keep alive plans for Ukraine to sign an EU free-trade agreement at a summit in Vilnius on November 29, despite President Viktor Yanukovich’s failure to deliver on his commitments so far.

While Ukraine still has 10 days to meet calls for judicial reforms and other steps – including a resolution in the case of jailed former prime minister Yulia Tymoshenko – time is rapidly running out, and contingency plans are taking shape.

Nov 6, 2013

Research dispute puts EU-Israel ties under severe strain

BRUSSELS (Reuters) – As Israel looks warily west in the hope that the United States has its back in any conflict with Iran, it might do well to glance north and consider its relations with Europe too.

Over the past four years, ties between the European Union and Israel have grown increasingly fractious, with Brussels seldom missing an opportunity to lambaste Benjamin Netanyahu’s government for building settlements on occupied Palestinian land and restricting access to large portions of the West Bank.

Oct 31, 2013

Wall Street edges up in wake of Fed

NEW YORK (Reuters) – U.S. stocks edged up on Thursday, though trading was subdued a day after a Federal Reserve policy announcement that kept its stimulus plan in place.

While Thursday’s rise was modest, stocks were headed for strong gains in October. The Dow was up about 3 percent as the month drew to a close, while the S&P 500 was up about 5 percent and the Nasdaq rose 4.5 percent.

Oct 31, 2013

Exclusive: EU, IMF coordinate on Ukraine as Russia threat looms

BRUSSELS (Reuters) – The European Union is in advanced discussions with the International Monetary Fund on providing standby financing to Ukraine should the country come under economic pressure from Russia later this year, senior EU officials have told Reuters.

Ukraine is expected to sign a free trade and association agreement with the European Union at a summit in Lithuania on November 28-29, as long as it meets remaining conditions, including releasing former prime minister Yulia Tymoshenko from prison.

Oct 31, 2013

EU, IMF coordinate on Ukraine as Russia threat looms

BRUSSELS, Oct 31 (Reuters) – The European Union is in
advanced discussions with the International Monetary Fund on
providing standby financing to Ukraine should the country come
under economic pressure from Russia later this year, senior EU
officials have told Reuters.

Ukraine is expected to sign a free trade and association
agreement with the European Union at a summit in Lithuania on
Nov. 28-29, as long as it meets remaining conditions, including
releasing former prime minister Yulia Tymoshenko from prison.

Oct 30, 2013

‘Nationalism and xenophobia’ on rise ahead of European elections

BRUSSELS (Reuters) – European Commission President Jose Manuel Barroso has warned against nationalism, xenophobia and racism ahead of European Parliament elections next year, when anti-EU and protest parties are expected to do well.

Opinion polls months ahead of the vote, which takes place in all EU countries on May 22-25, suggest candidates on the far left and far right will gain support as voters express frustration with Europe after three years of financial turmoil, contracting growth and job losses.

    • About Luke

      "Luke is bureau chief for Reuters in Brussels. The 25-strong, multimedia bureau covers all European Union issues, from trade, energy and agriculture to foreign policy, competition, regulation and economic affairs. The bureau is also responsible for coverage of NATO and Belgian politics, economics and company news. In his beat, Luke covers foreign affairs, with a focus on the Middle East and Iran, and writes about EU economic policy. He was previously based in London, where he was defence correspondent, and before that had postings in Jerusalem, Baghdad, Rome and Johannesburg."
      Joined Reuters:
      1997
      Languages:
      English, Italian, French, Spanish
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