Economy

The European Commission today adopted a legislative proposal to make instant payments in euro, available to all citizens and businesses...

The European Commission has called upon EU Member States to modernise their minimum income schemes as part of the ongoing...

The Swiss chartering and transportation company Svizraa S.A. has sent a letter to Latvia’s foreign affairs, economics and justice ministries...

The sharp devaluation of the official exchange rate of the hryvnia by the National Bank of Ukraine (NBU), which occurred...

The European Union is in talks about removing sanctions on some 40 Russians. The individuals were sanctioned on the basis...

Continuing revenue inflows seen from EU energy purchases for most of 2022 With most of its foreign currency reserves held...

The Islamic Republic of Iran has been a uniquely difficult area for American and European foreign policy since the Islamist...

Following high profile US-EU consultations, an additional layer of sanctions and energy coordination has been added No American President ever...

Moscow’s payments in dollars are being delayed for technical reasons, but default is averted at least until the end of...

Although new sanctions steps announced this past week appear unimpressive, they will substantially increase pressure on Moscow As Russia’s invasion...