Europe News Stories
'Not too late' for Ukraine to win war, NATO chief says
The head of NATO has said it is "not too late" for Ukraine to win against Russia despite Moscow's mounting advances, promising more Western help is on its way. Jens Stoltenberg was in Ukraine when Russia claimed the capture of two eastern villages in 24 hours, rushing an advance in the Donetsk...
photo: AP / Andriy Andriyenko
EU banks paying more Russian taxes since Ukraine conflict FT
Raiffeisen, UniCredit and others with a presence in Russia have seen profits increase threefold since 2021 The largest EU-based banks operating in Russia saw profits soar last year and paid four times more in taxes than before the start of the Ukraine conflict, the Financial Times reported on...
photo: AP / Yves Logghe
European Parliament highlights importance of voting and safeguarding democracy
Between 6 and 9 June 2024, more than 370 million people across 27 Member States are called to vote in the European elections. To further inform EU citizens and encourage them to vote, the European Parliament is embarking on the second phase of its institutional communication strategy. With "Use Your...
photo: © European Union 2024 - Source : EP / © European Union 2024 - Source : EP
Humza Yousaf steps down as Scotland’s first minister
Humza Yousaf has announced that he will step down as first minister and SNP leader, little over a year since he was elected. Yousaf told a press conference at Bute House, his official residence, on Monday that he would remain in post until his successor was elected to ensure a “smooth and orderly...
photo: Creative Commons / Scottish Government https://creativecommons.org/licenses/by/2.0/deed.en
Spain's Prime Minister Sánchez says he'll continue in office after days of reflection.
MADRID (AP) — Spanish Prime Minister Pedro Sánchez said Monday he will continue in office “even with more strength” after days of reflection. Sánchez shocked the country on Wednesday, announcing he was taking five days off to think about his future after a court opened preliminary proceedings...
photo: AP / Manu Fernandez
Russia makes more gains around Avdiivka as Ukraine awaits US aid
Russia has consolidated recent battlefield gains in the east of Ukraine, and is attempting to break through Ukrainian defensive lines before a long-awaited package of US military assistance arrives at the frontline. On Sunday Russian troops advanced near the city of Avdiivka. They seized two...
photo: AP / Efrem Lukatsky, File
US to give Ukraine new Patriot missiles as part of $6 billion aid package
Defense Secretary Lloyd Austin on Friday announced the United States will provide key air defense munitions and artillery rounds to Ukraine as part of a $6 billion military aid package that is its largest ever for Kyiv. ......
photo: USAF File / Staff Sgt. Robert Barney
EU Passed New Anti-Money Laundering Regulation: Here’s What it Means to Crypto
The European Union (EU) has formally passed a new anti-money laundering regulation (AMLR), applicable to all crypto-asset service providers (CASPs). The laws would provide more powers to Financial Intelligence Units (FIUs) to detect and combat money laundering and terrorist financing. Per a...
photo: Creative Commons / Bybit https://www.bybit.com/en-US/ https://creativecommons.org/licenses/by/2.0/
Across the Western world, public opinion on Palestine is finally shifting
For a very long time, many in the Western world have not engaged at all with the issues stemming from the occupation of Palestine. The occupation was in the news, every year or so, for a day or two, and then it would go again. It was too “complicated”, those who knew about the context – on either...
photo: AP / Thibault Camus
Full gas storage in Europe expected to put downward pressure on spot prices
The high natural gas storage level in Europe, along with a forecast of a warm winter that is set to lower demand, is expected to place downward pressure on gas spot prices, according to the latest report published by the Gas Exporting Countries Forum (GECF). Europe started the 2023–2024 winter...
photo: AP / Martin Meissner, File

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