Canada and European nations moved to close their airspaces to Russian aircraft, in an unprecedented step aimed at applying pressuring on Russian President Vladimir Putin to end the invasion of Ukraine. Following the move, in a statement Russian airlines Aeroflot… Read More ›
France
European Central Bank preparing banks for potential cyber attacks
According to two sources with knowledge of the matter at hand, the European Central Bank has begun preparing banks for a possible cyber-attack from Russian actors. The standoff between Russia and Ukraine has hit a nerve in Europe’s political and… Read More ›
No need to fan flames of Russian invasion of Ukraine, Macron calls for calm for all sides
In a statement French President Emmanuel Macron, the first leader of a major Western power to meet Russian President Vladimir Putin, said steps can be taken to de-escalate tensions surrounding Russia’s border with Ukraine, and called for calm from all… Read More ›
EU countries agree to reform rules for Schengen Area
Countries in the European Union have agreed to oversee the border-free Schengen Area through regular ministerial meetings, said France in a move aimed at strengthening the political management of the area in the same manner euro zone gatherings steer economic… Read More ›
Bain Capital weighs taking stake in French food caterer Sodexo
Bain Capital is looking to take a stake in French food caterer Sodexo after the Paris-listed firm said it was on the lookout for investors that could help fund the group’s turnaround, said sources. Sodexo, which has a market value of… Read More ›
France will launch lawsuit against Britain against fishing licenses
In a statement French Europe Minister Clement Beaune said, France will file a lawsuit against Britain over post-Brexit fishing licences sometime in early January. He went on to add, there will be a high-profile meeting with EU representatives on January… Read More ›
Close to reaching the end of the road: European powers on 2015 Iran nuclear deal
In a significant development, three European powers said “we are rapidly reaching the end of the road” to save the 2015 Iran nuclear deal. Their comments suggests that unofficial U.S.-Iran talks on preserving the pact is probably close to collapse…. Read More ›
France, Germany calls on Russia to return to negotiating table on Ukraine based on approved formats and agreed principles
Germany and France accused Russia of breaking diplomatic protocol after Moscow published their confidential correspondence over Ukraine, in signs of deteriorating ties between the EU and Russia. Russia’s foreign ministry has released a number of diplomatic exchanges in the form… Read More ›
Italy and France to sign accord aimed at tilting the balance of power in Europe
France and Italy are set to a sign a deal aimed at tilting the balance of power in Europe after the departure of German Chancellor Angela Merkel, said a government source. Emmanuel Macron and Mario Draghi are set to sign… Read More ›
UK will have to choose between Russian hydrocarbons and support for Ukraine: Boris Johnson
In a statement British Prime Minister Boris Johnson said, there is a choice coming soon on whether London will back Russian hydrocarbons or support Ukraine, and back stability and peace. His statement comes midst rising tensions between the West and… Read More ›