List of All Articles with Tag 'euro'

Russian President Vladimir Putin promised to send free grain to six African countries that have strong ties with

The European Central Bank raised interest rates for the ninth consecutive time on Thursday and kept the door

The European Central Bank raised interest rates by a quarter of a percentage point Thursday, judging that inflation remains too high even as data points to a deepening economic downturn in the 20 countries that use the euro.

Vacationers are turning their eyes toward Norway, Denmark and Sweden, as a heat wave encompassing southern Europe embodies

Prada SpA reported stronger earnings as the Italian fashion group benefited from shoppers in Europe and Asia splurging

Deadly wildfires erupted on Greece’s mainland, killing two as it scorched the land and left a path of destruction in its wake. The coastal area of Magnesia and city of Volos were gripped by engulfing flames on Wednesday evening, forcing the evacuation of several local communities fleeing to safety. It comes as the Greek fire brigade warned the risk of fire remained “extreme” for several areas of the country on Thursday, with climate crisis minister, Vassilis Kikilias, echoing: “Nothing is over, the battle will continue throughout the summer.” High temperatures and winds have created a “perfect storm” to allow the fires to spread this week in Europe and north Africa including Greece, Portugal, Turkey, Italy, France, Croatia, Spain, Algeria and Tunisia. As the threat lingers in Rhodes, TUI has said customers booked “on a package holiday to a hotel in the south of the island” have the option to “rebook or amend their holiday, or cancel with a full refund” upto and including 11 August. Read More Where are the wildfires? The nine affected countries mapped More than 40 people killed as wildfires rage in nine Mediterranean countries in record heatwave UK’s 40C summer of 2022 ‘will seem cool’ as extreme weather events become frequent, Met Office warns When will heatwave in Europe end? New forecast shows relief in sight

Tourism has bounced back furiously in the world’s major tourism markets. Spain recovered 86% of its pre-pandemic tourist

Yields on 10-year Treasuries may fall as much as 150 basis points before the end of next year

Microsoft Corp. faces a European Union probe over concerns it’s driving out competition by unfairly bundling its Teams

Greece is fighting almost 200 wildfires as strengthening winds present an additional challenge, even as the heat wave

Greece’s wildfires are burning through the country’s natural carbon sinks in the latest sign of how heat waves

Moldova has expelled 45 Russian diplomats and embassy staff members in Chisinau, citing Moscow’s "unfriendly actions" amid further deteriorating relations over the war in neighbouring Ukraine. “We agreed on the need to limit the number of accredited diplomats from Russia, so that there are fewer people trying to destabilise the Republic of Moldova,” foreign minister Nicu Popescu said at a cabinet meeting. The foreign ministry said the decision was based on "numerous unfriendly actions" towards Moldova, "which are not related to the diplomatic mandate, as well as attempts to destabilise" the country. Russia has been given the 15 August deadline to cut its embassy staff to 25 from the strength of 80 currently. “For many years we have been the object of hostile Russian actions and policies. Many of them were made through the embassy,” Mr Popescu said. Russian foreign ministry spokesperson Maria Zakharova said the move was just another step towards “bilateral relations", and said the "unjustified and unfriendly actions ... will not go unanswered". The Kremlin said Moldova’s decision is regretted while accusing its accused leadership of encouraging “Russophobia”. “Unfortunately, ChiÈ™inău is deliberately driving our relations into a very miserable state,” Kremlin spokesperson Dmitry Peskov told reporters. Once part of the Soviet Union, the relations between Russia and Moldova reached a new low after president Maia Sandu opposed Russia for invading Ukraine and accused Russian leadership of hatching a plan to overthrow her government. The latest move comes just days after two local media outlets published an investigative report accusing the Russian embassy in the capital of spying with their dozens of satellite dishes and antennas installed in the building. The joint investigation was published by the Russian investigative media site Insider and Moldova’s Jurnal TV channel. It said that 28 antennas installed on the roof of the embassy and an adjacent building could have been used for spying activities. Russia denied the claims as “a fantasy which has nothing to do with reality”. It prompted Moldova to summon Russia’s ambassador to the country. Moldova‘s government spokesman, Daniel Voda, said: "In circumstances where employees are not involved in promoting bilateral relations, it becomes obvious that their diplomatic and administrative-technical representation is excessive.” Moldova shares its borders with both Romania and Ukraine. It is one of the poorest European countries which has been heavily impacted by the war in Ukraine. It has accused Russia of backing separatist groups which control Transnistria, a breakaway territory in Moldova witnessing conflict since 1990s. The invasion has put a strain on its resources and services as several Ukrainian refugees arrived in the country to escape the fighting. Read More Russia-Ukraine war – live: Kyiv gains around Bakhmut as Putin’s forces fire missiles at Odesa port Paris 2024 Olympics will be bold, original and sustainable – but it might not deliver world peace North Korea’s Kim Jong-un shows Russia’s defence minister banned ballistic missiles The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary