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Europe News Eastern Europe

  • ABU DHABI, Feb 20- Russia hopes to get around European Union sanctions by reaching a deal with Iran for the supply of gas turbine equipment for two power plants in Crimea, the head of Russian state defence conglomerate Rostec said on Monday. EU sanctions bar European individuals and companies from providing energy technology to Crimea, which was annexed by...

  • *Stocks rise slightly, Moneta Bank rise helps Prague. BUDAPEST, Feb 20- Prague led a cautious rise in Central European equities on Monday, mainly driven by the gains of Moneta Money Bank, while Central European assets were mostly moving sideways. Prague's main index firmed 0.4 percent by 0929 GMT.

  • LONDON, Feb 20- Turkey's lira hit the strongest level in more than six weeks against the dollar and Mongolian bonds soared after a $5.5 billion IMF-led bailout for the country, outperforming broader emerging markets. Turkey's lira strengthened 0.3 percent in its second day of gains, shrugging off data showing consumer confidence declining in February, though...

  • The global study, conducted by Stirling Infrastructure Partners, an adviser to institutional investors, polled 44 sovereign wealth funds and pension funds with some $63 billion allocated to infrastructure, and found a growing appetite for assets in riskier markets. Central and Eastern Europe rose to 30 percent from 22 percent and Latin America to 27 percent...

  • Traffic analytics firm Inrix has calculated how much time drivers spend stuck in traffic during peak travel times last year in 1,064 cities in 38 countries worldwide. Source: Inrix Inc., 2016 Global Traffic Scorecard. Does not include cities in Japan or China, where Inrix does not collect its own data.

  • DETROIT— When it comes to getting stuck in traffic on the way to and from work, Los Angeles leads the world. That topped second-place Moscow at 91 hours and third-place New York at 89, according to a traffic scorecard compiled by Inrix, a transportation analytics firm. San Francisco was the fourth-most congested city, while Bogota, Colombia, was fifth, Sao Paulo...

  • DETROIT, Feb 20- Traffic jams cost U.S. drivers an average of $1,200 a year in wasted fuel and time, and much more in Los Angeles, the city with the world's biggest rush hour traffic delays, according to a study by INRIX Inc released on Monday. While Thailand was the world's most congested country in 2016, according to the study, the United States had the worst traffic...

  • STOCKHOLM- Swedish Central Bank Deputy Governor Cecilia Skingsley will talk on electronic payment forms of the future at a lunch meeting arranged by the Royal Swedish Academy of Engineering Sciences- 1100 GMT. BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University...

  • STOCKHOLM- Swedish Central Bank Deputy Governor Cecilia Skingsley will talk on electronic payment forms of the future at a lunch meeting arranged by the Royal Swedish Academy of Engineering Sciences- 1100 GMT. BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University...

  • TBILISI, Georgia— Thousands of Georgians have rallied in the capital in support of the country's opposition-minded television station that they suspect is about to be transferred to a more government-friendly owner. Rustavi-2 is Georgia's most popular TV station and the Sunday demonstration on Tbilisi's main avenue attracted people from a wide...

  • *Ford's sales in Russia up 10 pct last year, beating rivals. *U.S. rival General Motors quit Russia in 2015. MOSCOW, Feb 19- Ford has become the first major foreign carmaker in Russia to see sales grow after three bad years, potentially vindicating its decision to double down on a notoriously volatile market when rivals decided to cut and run.

  • *Promises "unwavering" commitment to NATO. Vice President Mike Pence on Saturday brought a message of support for Europe from Donald Trump but failed to wholly reassure allies worried about the new president's stance on Russia and the European Union. Trump's contradictory remarks on the value of the North Atlantic Treaty Organisation, scepticism of the 2015...

  • Promises "unwavering" commitment to NATO. Vice President Mike Pence on Saturday brought a message of support for Europe from Donald Trump but failed to wholly reassure allies worried about the new president's stance on Russia and the European Union. Trump's contradictory remarks on the value of the North Atlantic Treaty Organisation, scepticism of the 2015...

  • MUNICH, Feb 18- Vice President Mike Pence sought on Saturday to assure Europe that the United States will back NATO even as it looks for new ways to cooperate with Russia, but was greeted by muted applause by European allies unnerved by President Donald Trump. In Pence's first major foreign policy address for the new Trump administration, the vice president told...

  • Vice President Mike Pence on Saturday sought to assure allies that the Trump administration will back NATO and stand with Europe even as it looks for new ways to cooperate with Russia. In the first major foreign policy address for the new administration of President Donald Trump, Pence warned allies that they must pay their fair share to support NATO, noting...

  • PENCE SAYS RUSSIA MUST BE HELD ACCOUNTABLE AND HONOUR MINSK AGREEMENT, DEESCALATE VIOLENCE IN EASTERN UKRAINE.

  • STOCKHOLM- Swedish Central Bank Deputy Governor Cecilia Skingsley will talk on electronic payment forms of the future at a lunch meeting arranged by the Royal Swedish Academy of Engineering Sciences- 1100 GMT. BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University...

  • STOCKHOLM- Swedish Central Bank Deputy Governor Cecilia Skingsley will talk on electronic payment forms of the future at a lunch meeting arranged by the Royal Swedish Academy of Engineering Sciences- 1100 GMT. BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University...

  • *Britain warns: be under "no illusions" about Russia. McCain, a known Trump critic, told the Munich Security Conference that the resignation of the new president's security adviser Michael Flynn over his contacts with Russia reflected deep problems in Washington. European governments have been unsettled by the signals sent by Trump on a range of foreign policy...

  • Trump's defense secretary, Jim Mattis warns of an "arc of instability" on Europe's periphery and calls on NATO allies to contribute their fair share to their collective defense. Vice President Mike Pence will speak at the Munich Security Conference on Saturday, seeking to soothe allies unnerved by Trump's statements on Russia and NATO while stressing U.S....