European shares go sideways as skepticism looms on recovery

By Julien Ponthus LONDON, Feb 13 : European shares faltered on Tuesday morning in contrast with Wall Street which bounced back for a second day overnight, and as a flurry of corporate results failed to lift indexes. The pan-European STOXX 600 index was just slightly negative, down 0.02 percent at 0920 GMT with bourses and […]

Merkel loosens purse strings and embraces Europe to keep power

By Paul Carrel BERLIN, Feb 7 : To secure a fourth term as chancellor, Angela Merkel is handing her Social Democrat (SPD) coalition partners control of the finance ministry, giving them licence to spend a record budget surplus, and embracing their demands for European reform. Giving up the powerful ministry to the centre-left SPD is […]

U.S. says planned Russian pipeline would threaten European energy security

By Marcin Goettig and Lidia Kelly WARSAW, Jan 27 : The United States sees the planned Nord Stream 2 gas pipeline between Russia and Germany as a threat to Europe’s energy security, U.S. Secretary of State Rex Tillerson said on Saturday. Poland, Ukraine and Baltic states fear the pipeline would increase Europe’s dependence on Russian […]

CEE states want to have say in “new blueprint” for EU

By Krisztina Than BUDAPEST, Jan 26 : The European Union needs a “new blueprint” and Central European member states want a say in reforms of the bloc, Hungarian Prime Minister Viktor Orban said after meeting counterparts of three fellow Visegrad states on Friday. Orban said the Visegrad group in the EU – Slovakia, Hungary, Czech […]

Ahead of UK summit, Macron visits migrants in port of Calais

By Marine Pennetier CALAIS, France, Jan 16 : French President Emmanuel Macron visited a migrant reception centre and quizzed refugees in Calais on Tuesday, taking stock of the pressure on the Channel port ahead of a summit with British Prime Minister Theresa May this week. Calais and the surrounding Hauts-de-France region are among the poorest […]

European shares pause for breath; Carillion rivals gain

By Kit Rees LONDON, Jan 15 : European stocks edged lower on Monday following two weeks of gains, with cyclical stocks among the biggest decliners while merger activity remained in focus. Shares in some competitors of Carillion rose after the long-struggling construction and support services company collapsed, with banks refusing to lend it any more […]