More Chinese investment is on the way, he said. “China is on the radar”. 02:09 China-owned shipping giant gets toehold in German port with controversial deal China-owned shipping giant gets toehold in German port with controversial deal Other headline projects include railways, airports and power plants, with firms in France, the Netherlands and the UK
KYIV (Reuters) – Ukraine received a new 1.5-billion-euro ($1.6 billion) tranche of financial support from the European Union on Wednesday and hopes to get another 10 billion euros later this year, officials said. Finance Minister Serhiy Marchenko said the EU, which has provided Ukraine with 31 billion euros, had become the biggest donor of budget
BUCHAREST (Reuters) – A Romanian state agency for rural investments is using artificial intelligence to help farmers apply for European Union funds, it said on Monday, a first in one of the EU’s least developed digital economies. The Agency for Financing Rural Investments (AFIR) told Reuters it began using robots from software automation company UiPath
The EU has introduced a new directive that outlaws transactions using anonymous, privately managed crypto wallets for any transaction value. A European Parliament representative revealed that the directive received approval from the majority of the EU Parliament’s leadership committee on Thursday. This latest regulation, aimed at combating money laundering, sets limits on cash transactions and
CYWINY WOJSKIE, Poland (AP) — Piotr Korycki picks up a handful of wheat and watches as the yellow grains run through his fingers. All around him, grain is piled high in a warehouse on his farm north of the Polish capital: hundreds of tons of wheat, rye and corn left over from last year’s harvest
BEIJING (AP) — Uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China, a report by a European business group said Wednesday. The lengthy paper by the European Union Chamber of Commerce in China urges China’s leaders to do more to address concerns that it says have “grown exponentially” in recent years.
CAIRO (AP) — The European Union on Sunday announced a 7.4 billion-euro ($8 billion) aid package for cash-strapped Egypt as concerns mount that economic pressure and conflicts in neighboring countries could drive more migrants to European shores. The deal, which drew criticism from rights groups over Egypt’s human rights record, was signed Sunday afternoon in
Egyptian President Abdel Fattah el-Sisi (3rd R) meets EU Commission President, Ursula von der Leyen (3rd L) in Cairo, Egypt on March 17, 2023. Egyptian Presidency / Handout/Anadolu via Getty Images The European Union on Sunday announced a 7.4 billion-euro ($8 billion) aid package for cash-strapped Egypt as concerns mount that economic pressure and conflicts
LONDON (Reuters) – The European Union’s 1.1 trillion euro ($1.19 trillion) real estate funds sector faces multiple risks related to leverage, valuations and liquidity, requiring “stepped up monitoring”, the bloc’s securities watchdog ESMA said on Tuesday. “ESMA confirms the risks posed by real estate (RE) funds, in a context of declining volumes of transactions and
Economic and finance ministers of the European Union sealed on Wednesday a deal to reform the bloc’s fiscal rules, a breakthrough made only possible after Germany and France found a middle ground. ADVERTISEMENT Berlin and Paris had for months sat at opposing sides of the table, with the former pushing for automatic safeguards to slash