BRUSSELS, Jan 27 (Reuters) – EU finance ministers agreed on
Tuesday to loan Ukraine 1.8 billion euros ($2.0 billion) to help
save it from bankruptcy, leaving open the option of increasing
aid at a later stage.
Diplomats at the meeting in Brussels said several European
governments including Britain pushed for as much as 2.6 billion
euros in medium-term loans for this year and 2016.
BRUSSELS, Jan 26 (Reuters) – Europe showed a willingness on
Monday to give Athens more time to pay its debts, but little
sign that it would yield to a new Greek government’s demands for
European Union leaders and policymakers responded to Greek
anti-bailout party Syriza’s election victory on Sunday with
warnings that a debt reduction for Greece would be against euro
zone rules and would send the wrong message to other members of
the single currency.
BRUSSELS, Jan 23 (Reuters) – Greece will have to ask for a
new extension to its euro zone bailout programme before 1.8
billion euros in pending aid can be paid, a senior euro zone
official said on Friday, stressing that a new government must
first be in place to do so.
Greece’s programme with the euro zone expires on Feb. 28.
Although the International Monetary Fund will continue to back
Athens, the country needs to be under an European accord to
receive the final euro zone loans and to be eligible for support
from the European Central Bank.
BRUSSELS, Jan 23 (Reuters) – EU finance ministers will
discuss on Tuesday offering additional money to help save
Ukraine from bankruptcy, potentially increasing its original
plan to as much as 2.5 billion euros ($2.8 billion), diplomats
Ukraine, fighting a costly war against pro-Russian
separatists, is relying on a lifeline from the International
Monetary Fund programme to avoid default but some economists say
it is facing a $15 billion shortfall in funding.
BRUSSELS (Reuters) – European Union foreign ministers said on Monday there were no grounds to lift economic sanctions against Russia despite conciliatory proposals from the EU’s foreign policy chief, as violence intensified in Ukraine.
Federica Mogherini had suggested in a confidential memo seen by Reuters that member states could start talking to Russia again about global diplomacy, trade and other issues if Moscow implemented the Minsk agreements to end the separatist conflict.
BRUSSELS (Reuters) – EU foreign ministers pledged on Monday to counter radical Muslims returning from Syria and Iraq with a better strategy at home and abroad, but ruled out sweeping new laws in the wake of the Jan. 7 Paris attacks.
Following the deadliest assault by militant Islamists on a European city since suicide bombers targeted London’s transport system in 2005, Europe is seeking a united response without new legislation or a prolonged military presence on its streets.
Western fighters in Syria and Iraq have found some of their most willing recruits in tiny Belgium, a chilling trend highlighted by the killing of suspected terrorists by police on Thursday and which likely has its roots in the despair many feel at home.
BRUSSELS, Jan 15 (Reuters) – Turkey and the European Union
sought to minimise their differences on Thursday when Prime
Minister Ahmet Davutoglu visited Brussels and offered more
cooperation in the fight against Islamic State.
But while Davutoglu said Turkey was “ready to work with the
European Union in all fields,” EU lawmakers voiced concerns over
freedom of speech in Turkey, on a day when prosecutors there
launched an investigation into a newspaper for reprinting
excerpts from French satirical newspaper Charlie Hebdo.