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Tag Archives: Europe

Euro nearing five-year low stoking recession fears

The euro is within reach of five-year lows and seems increasingly will approach dollar-euro parity Rome, Italy | Xinhua | The euro has continued to weaken against the U.S. dollar, approaching its lowest level in five years, due mainly to the crisis in Ukraine and the sluggish economic growth in Europe. …

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Macron’s re-election gives EU dose of consistency in turbulent times

Paris, France | Xinhua | Emmanuel Macron’s election Sunday to a second five-year term as French president gives Europe a dose of consistency during its most tumultuous period in decades, analysts have said. With European countries facing the widespread repercussions of the conflict between Russia and Ukraine, and battling to recover …

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What has Europe lost from the Ukraine crisis?

Beijing, China | Xinhua | The Ukraine crisis has entered its second month. In terms of security, economy, refugees, etc., Europe will pay a heavy price in the crisis. Since the end of the Cold War, the North Atlantic Treaty Organization (NATO) has pushed for five rounds of eastward expansion up …

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Turkey’s aging population dragging economy down

President Recep Tayyip Erdogan is an ardent advocate of population increase and has called for families to have more children Ankara, Turkey | Xinhua | As a country that once boasted one of the youngest populations in Europe, Turkey has been aging fast in recent years, which is slowly dragging its …

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Internet “dead zones” to disappear by 2024: EU official

Brussels, Belgium | Xinhua | Internet “dead zones” in Europe will soon belong to the past, announced Thierry Breton, European commissioner for the internal market, at the 14th European Space Conference on Tuesday. Breton is preparing a legislative proposal that will be ready “in the coming weeks” in order to “equip …

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20 years on, euro has yet to tap its int’l potential

Frankfurt, Germany | Xinhua | The euro, a currency shared by 19 European countries, has won overwhelming support among the 340 million Europeans since it went into circulation 20 years ago. The idea of a single currency for Europe, which originated in 1970 when policy makers in Europe hoped to achieve …

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Putin opposes NATO’s eastwards expansion

Moscow, Russia | Xinhua | Eastwards expansion of the North Atlantic Treaty Organization (NATO) is unacceptable, and there should be security guarantees in Europe, Russian President Vladimir Putin said on Thursday. Russia does not endanger anyone, and it is NATO’s constant expansion that has posed a threat, Putin said during his …

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‘U.S, Europe going separate ways’

  London, UK | XINHUA |  The United States and Europe are going separate ways as U.S. President Joe Biden has established a pattern of ignoring the opinions of the European allies since assuming office eight months ago, the Financial Times said in an opinion article. The differences between the …

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