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Europe News Eastern Europe

  • WASHINGTON, March 30- President Donald Trump's former national security adviser, Michael Flynn, has told the FBI and congressional officials investigating the Trump campaign's potential ties to Russia that he is willing to be interviewed in exchange for immunity from prosecution, the Wall Street Journal reported on Thursday. Flynn's attorney, Robert...

  • RUSSIA Russia mounted a campaign of "propaganda on steroids" seeking to influence the 2016 U.S. presidential election, the top Democrat on the U.S. Senate Intelligence Committee says, listing several areas of concern about possible links to Republican Trump's campaign. He also says Moscow will support the U.S. president in fighting terrorism and cooperate...

  • He also says Moscow will support the U.S. president in fighting terrorism and cooperate with the Pentagon and the CIA. FAMILY PLANNING Vice President Mike Pence makes a rare journey to Capitol Hill to break a tie in a Senate vote to roll back federal funding for family planning and reproductive health. NAFTA The Trump administration is seeking mainly limited...

  • LONDON, March 30- Ukraine, in a legal case over a $3 billion debt to Russia, hopes to return to dollar bond markets by the end of the year, but it has no emergency funding needs and will not borrow "at any price", Deputy Finance Minister Yuriy Butsa said on Thursday. The country suffered a setback this week when a UK court ruled in a pre-trial hearing that it had no "...

  • He also says Moscow will support the U.S. president in fighting terrorism and cooperate with the Pentagon and the CIA. The Trump administration is seeking mainly limited changes to the North American Free Trade Agreement with Mexico and Canada, the Wall Street Journal reports, citing an administrative draft proposal circulated in Congress by the Office of...

  • SABETTA, Russia, March 30- An ice-breaking tanker docked for the first time at Russia's Arctic port of Sabetta to test a new route that could open the ice-bound Arctic Ocean to ships carrying oil and liquefied gas. The route is eagerly anticipated by energy firms that want to develop resources in the Arctic but face obstacles in getting oil and gas from remote and...

  • *Governor says move can happen any time after April 1. PRAGUE, March 30- The Czech central bank dropped its guidance of a likely mid-year exit from its exchange rate cap on Thursday, sending a loud signal to markets that the end of the ultra-loose policy may be near. Governor Jiri Rusnok said after a board meeting that the bank could end its cap on the crown anytime from...

  • COPENHAGEN/ BRUSSELS, March 29- The European Union is seeking a mandate from members to negotiate with Russia over objections to its plans to build a second pipeline to pump more gas to Europe via the Baltic Sea to Germany, an EU document showed, as some EU states worry it will make Europe too reliant on Russian gas. Russian state gas exporter Gazprom, which supplies...

  • COPENHAGEN/ BRUSSELS, March 29- The European Union is seeking a mandate from member countries to negotiate with Russia over its plans to build a second pipeline to export more gas into Europe via the Baltic Sea to Germany, an EU document showed, as some EU states worry that the project will make Europe too reliant on Russian gas. The Nord Stream 2 pipeline would pass...

  • *Hungary lifts bond offer, yields fall. BUDAPEST/ PRAGUE, March 30- The crown plunged in the spot market and in forward contracts on Thursday as the Czech central bank gave up its guidance to end its 3 1/ 2- year-old weak crown regime around mid-2017. The crown's plunge started after CNB Governor Jiri Rusnok said the probability of a mid-year exit from the cap was lower "...

  • Stock markets everywhere have rallied so far in 2017, with Wall Street hitting record highs on hopes that the U.S. administration will usher in financial deregulation and sweeping tax cuts. Many are now arguing that markets have become too reluctant to consider several key risks, including potentially-disruptive elections in Europe and no guarantees that...

  • COPENHAGEN/ BRUSSELS, March 29- The European Union is seeking a mandate from its members to negotiate with Russia over plans for a gas pipeline under the Baltic Sea to Germany, an EU document showed, as some EU states fret the project will make Europe too reliant on Russian energy. Eastern European and Baltic Sea states fear a new pipeline will make the EU even more...

  • LONDON— It took Britain more than a decade of trying to join the European club. If anyone thinks that will be easy for Britain, a look back to its entry half a century ago will show how difficult and protracted talks with the EU can be. Successive British governments slogged away at trying to convince the original six members— Belgium, France, Italy, Luxembourg, the...

  • LONDON, March 30- South Africa's rand recouped some losses on Thursday from a three-day dive as the future of the country's finance minister remained uncertain, while Czech crown watchers were waiting for signals on when its peg to the euro might be removed. The saga over whether South African President Jacob Zuma would sack investor favourite Pravin Gordhan...

  • *Good auction seen in Hungary on loose central bank policy. BUDAPEST/ PRAGUE, March 30- Czech short-term government debt firmed on Thursday as the country's central bank holds its last meeting before the end of its "hard commitment" to keep its cap on the crown's value. It is due to publish its decisions at 1200 GMT.

  • TBILISI, March 30- Georgia's economic growth accelerated to 4.8 percent year-on-year in January- February 2017 from 1.7 percent in the same period a year ago, the National Statistics Service said on Thursday, helped by a rise in exports and remittances. The former Soviet republic, through which pipelines carry Caspian oil and gas to Europe, is recovering from a...

  • KIEV, March 30- The International Monetary Fund executive board will meet on April 3 to decide whether to disburse a $1 billion aid tranche to Ukraine as part of its $17.5 billion bailout program for the country, it said in a statement on Thursday.

  • WARSAW, Poland— Poles, who have settled in large numbers in Britain in recent years, expressed confusion and apprehension as Britain formally triggered the process to leave the European Union. "It makes me very sad," said Anna Koziolek, 51, a Warsaw airport employee who traveled to Britain to visit friends on Wednesday, the day that Britain officially launched the...

  • March 30- Gold prices held steady on Thursday, supported by uncertainties on the impact of Britain's departure from the European Union, U.S. policy under President Donald Trump and French elections, but at the same time capped by a stronger dollar. *Prime Minister Theresa May formally began Brexit- Britain's divorce from the European Union- on Wednesday,...

  • On a tour on the Franz Josef Land archipelago, a sprawling collection of islands where the Russian military has recently built a new runway and worked to open a permanent base, Putin emphasized the need to protect Russia's economic and security interests in the Arctic. In 2015, Russia submitted a revised bid for vast territories in the Arctic to the United...