Spurs target a Champions League place via back door August 20, 2014 TOTTENHAM boss Mauricio Pochettino is focused on the bigger picture as Spurs take their first step towards securing Europa League football this season with a first-leg qualifier against AEL in Cyprus tonight. Pochettino dismissed the Europa League as an unattractive competition while in the Southampton hotseat but has changed his tune now a rule change [...]
Poland wants to take Russia to court over food ban August 20, 2014 In the wake of Russia's ban on some European food products, Poland has asked the European Commission to complain to the World Trade Organisation (WTO). Poland sent the request to European Trade Commissioner Karel De Grucht, who represents the EU in WTO cases. Marek Sawicki, Poland's agriculture minister has said that preliminary consultations are underway, and [...]
More billionaires born in London than any other European city August 20, 2014 If ever there was a suitable carrot to dangle in a bid to make us work harder, this might just be it. Wealth consultancy WealthInsight and Spear’s magazine have revealed more billionaires are born in London than any other city in Europe (unless you consider Moscow part of Europe, in which case we’re second). Globally, [...]
Imperial Tobacco share price rises as European trade improves August 19, 2014 FTSE 100-listed tobacco giant Imperial Tobacco saw its shares jump 2.34 per cent yesterday after its interim management statement said it expected modest profit growth this year due to improving European trading. The Bristol-based maker of Rizla and Gauloises also said it was on track to complete the acquisition of a number of US cigarette [...]
Cars and aircraft could be next target for Russian sanctions August 19, 2014 Russia could hit back against Western nations with bans on imported cars if the US and the EU and introduce additional sanctions, Russin newspaper Vedomosti has reported. Russia's involvement in Ukraine has already led to a host of sanctions being imposed, including measures against the energy and finance sector and travel bans for top officials. [...]
Merkel backs Baltic states but rules out combat troops August 19, 2014 German Chancellor Angela Merkel has pledged to support the Baltic states against a possible Russian threat but refused to commit to the deployment of ground troops. Speaking in the Latvian capital Riga, Merkel said she supported "enhanced preparations" to deploy NATO forces to the region in case of an imminent threat. She reassured the Latvian [...]
Brussels set to make payouts for farmers hit by Putin’s sanctions August 18, 2014 EUROZONE fruit and vegetable farmers hit by the Russian government’s food sanctions are set for a payout, with Brussels pledging €125m (£99.9m) in compensation to those affected yesterday. The action is designed to help prop up food prices in the single market. Dacian Ciolos, the EU’s agriculture commissioner, said that the action was meant to [...]
Rosneft in deal to drill in the Arctic despite sanctions August 18, 2014 Rosneft, Russia's largest oil company, is about to drill for oil in the Arctic in tandem with a Norwegian company, despite the sanctions reaching for the Russian oil industry. Statoil is the firm in question: a state-run Norwegian company that will help Rosneft to drill in the Bering Sea. The site is inside the Artic [...]
Compensation for EU fruit and veg growers hit by Russian sanctions August 18, 2014 Fruit and vegetable growers in the European Union will receive emergency funding worth 125m euros from the European Commission. The funding represents compensation for the economic suffering that Russia's bans on western food imports are causing some European farmers. Russia placed a one-year embargo on a number of imports from the US, Canada, [...]
Eurozone exports to Russia down 14 per cent in 2014 August 18, 2014 Exports and imports between the Eurozone and Russia have plummeted in the period January to May, figures from Eurostat revealed today. There was a 14 per cent decline in exports from to Russia between January and June 2014 compared with the same period last year. Imports from Russia are also down seven per cent [...]