European

European Union’s executive branch to recommend that members open accession negotiations with Bosnia

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BRUSSELS — The European Union’s executive arm will recommend that member countries open accession negotiations with Bosnia-Herzegovina, European Commission President Ursula von der Leyen said Tuesday, despite lingering ethnic divisions in the Western Balkan country. Bosnia-Herzegovina country is among six nations from the region — alongside Albania, Serbia, Kosovo, Montenegro and North Macedonia — who … Read more

Surge in far-right support underscores European trend

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Democratic Alliance (AD) leader Luis Montenegro celebrates his victory as he addresses supporters at the party’s election night headquarters, in Lisbon on March 10, 2024. Miguel Riopa | Afp | Getty Images Portugal’s far-right Chega party on Sunday received a surge in support in the country’s snap general election, reflecting a broader shift to the … Read more

India signs a trade accord with 4 European nations for $100 billion investment over 15 years

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NEW DELHI — India signed a trade agreement with Iceland, Liechtenstein, Norway and Switzerland on Sunday that includes a commitment of $100 billion investment and creating 1 million direct jobs in India in the next 15 years, officials said. India on its part committed to reducing import tariffs on industrial products from the four European … Read more

Belgian Open: Luke Littler wins thriller on European Tour debut as Stephen Bunting also progresses | Darts News

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Luke Littler marked his European Tour debut with a thrilling deciding-leg victory on the opening day of the Belgian Darts Open, as Stephen Bunting dumped out home hero Dimitri Van den Bergh. Littler was one of three Premier League stars in action on a bumper opening day in Wieze, and the teenage superstar produced a … Read more

European Central Bank holds interest rates, cuts inflation and growth forecasts

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European Central Bank policymakers on Thursday lowered their annual inflation and growth forecasts, as they confirmed a widely expected hold of interest rates. Staff projections now see economic growth of 0.6% in 2024, from a previous forecast of 0.8%. They presented a more positive picture on inflation, with the forecast for the year brought to … Read more

European Central Bank keeps key interest rate at a record. Inflation is down, so when will it cut?

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FRANKFURT, Germany — The European Central Bank left its key interest rate at a record high as it waits for more confirmation that toxic inflation is under control for good — even as high borrowing costs drag on the stalled economy. The decision Thursday comes as central banks around the world, including the U.S. Federal … Read more

When will European Central Bank cut rates? Markets could soon get clues

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European Central Bank (ECB) President Christine Lagarde speaks as she presents the bank’s 2022 Annual Report to the European Parliament, in Strasbourg, eastern France, on February 26, 2024.  Frederick Florin | AFP | Getty Images FRANKFURT — The European Central Bank will meet again this week amid falling inflation, a slight recovery in economic activity … Read more

Apple Fined Nearly $2 Billion by European Union

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LONDON — The European Union leveled its first antitrust penalty against Apple on Tuesday, fining the U.S. tech giant nearly $2 billion for breaking the bloc’s competition laws by unfairly favoring its own music streaming service over rivals. Apple banned app developers from “fully informing iOS users about alternative and cheaper music subscription services outside … Read more

Moscow warns of NATO-Russia conflict after European ground troops idea

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Russian President Vladimir Putin speaks after signing bilateral documents with his Kazakh counterpart Kassym-Jomart Tokayev in Astana, Kazakhstan, on Nov. 9, 2023. Turar Kazangapov | Reuters France’s suggestion that Ukraine’s allies could potentially send ground troops into Ukraine has caused indignation and outrage in Russia, with officials warning it could provoke a direct conflict between … Read more

European Central Bank posts first annual loss in decades

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Rain falls over the finance district and the European Central Bank (ECB) in Frankfurt, Germany. Thomas Lohnes | Getty Images News | Getty Images The European Central Bank on Thursday reported its first annual loss since 2004, following hefty payouts due to higher interest rates. It reported losses of 1.3 billion euros ($1.4 billion), which would … Read more