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Europe
EU finance ministers agree on new fiscal rules
European Union (EU) finance ministers reached a consensus on Wednesday regarding new budget regulations following compromises between the two factions led by France and…
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EU agrees to tighten asylum system in sweeping migration reform
EU states and the EU Parliament have agreed to significantly stricter asylum procedures in a major reform of the European asylum system. The painstakingly negotiated…
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Berlin election debacle: Top court orders partial rerun of 2021 poll
The German capital Berlin will have to rerun part of its botched 2021 elections for the national parliament, the country's Constitutional Court ruled on Tuesday.…
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ECB urges European banks to effectively manage risks
The European Central Bank (ECB) on Tuesday urged banks in the bloc to continue effectively managing risks, reported Xinhua. European banks have shown resilience this…
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Greece offers undocumented migrants residence permit to address labor shortage
Greece's Parliament approved on Tuesday a bill that foresees granting three-year residence and work permits to some 30,000 undocumented migrants in an effort to…
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Eurozone Inflation confirmed at 2.4% in November
Annual eurozone inflation was confirmed at 2.4% in November, according to second reading from Luxembourg-based Eurostat on Tuesday, after rising 2.9% year-on-year in…
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Denmark to lead Nordic Defense Cooperation in 2024
Denmark is poised to take over the chairmanship of the Nordic Defense Cooperation (NORDEFCO) from Sweden on Jan. 1, 2024, said the Danish Ministry of Defense on Monday,…
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Berlin tractor demo shows farmers’ fury at planned subsidy cuts
Thousands of farmers from around Germany converged on Berlin's Brandenburg Gate in tractors on Monday to protest against government plans to abolish tax breaks for…
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Ukraine scales back some military operations over lack of ammunition
The Ukrainian forces have scaled back some operations in the conflict with Russia due to the lack of ammunition, the government-run Ukrinform news agency reported Monday,…
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German Chancellor catches Covid-19
Chancellor Olaf Scholz said on Monday that he contracted Covid-19 and will restrict his in-person engagements, reported dpa. "This is clearly not a surprise that…
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