English Edition

UK Joins Canada in Boeing-Bombardier Dispute

Παρ, 29 Σεπτεμβρίου 2017 - 18:01

The British Prime Minister Theresa May criticized Boeing’s trade war on Bombardier on Thursday. She said Boeing’s legal demand for an import tax is "not the kind of behaviour we’d expect from a long-term partner.” May’s criticism comes in the aftermath of a warning by her Secretary of Defense, Michael Fallon, that the UK will review defense contracts with Boeing if the US Department of Commerce goes ahead and imposes a 220% import tariff on Canadian planes, tripling their cost

Merkel’s New Coalition Likely Won’t Sideline Nord Stream-2

Παρ, 29 Σεπτεμβρίου 2017 - 18:00

Despite the outcome of the hard political negotiations to form a coalition government following the re-election of Germany’s Angela Merkel to a fourth-term in power, Berlin’s policy towards the construction of the Nord Stream-2 gas pipeline from Russia to Germany will most likely remain the same

Turkey Stops Flights and Threatens Blockage of Kurdish Autonomous Region

Πεμ, 28 Σεπτεμβρίου 2017 - 20:00

Turkey’s customs minister Bülent Tüfenkci warned on Wednesday that closing the border with the Kurdish Regional Government in the North of Iraq is being considered. On Friday Turkey will seize flights to Erbil, the region’s capital. The region is landlocked between Iran, Turkey, Syria, and the rest of Iraq

EU to Invest €222 Mln. on Environment, Climate Action

Πεμ, 28 Σεπτεμβρίου 2017 - 19:59

The European Commission (EC) has approved a €222 million investment package from the EU budget to support Europe's transition to more sustainable and low-carbon future under the LIFE program for the Environment and Climate Action, the EC announced on Thursday

397 GW of Wind Energy Could Be Installed in EU by 2030

Τετ, 27 Σεπτεμβρίου 2017 - 16:38

Cumulative wind energy capacity of 323 gigawatts (GW) could be installed in the EU by 2030, 253 GW onshore and 70 GW offshore, as per the central scenario of WindEurope’s Wind Energy in Europe: Scenarios for 2030 report last week

World Nuclear Assn. Hails Start of Akkuyu Plant's Build

Τετ, 27 Σεπτεμβρίου 2017 - 16:37

The World Nuclear Association (WNA) welcomed the beginning of the general construction work for Turkey's first nuclear power plant, Akkuyu. The comment came after the Director General of Rosatom Alexey Likhachev's speech on the construction for the nuclear plant on Tuesday Sept. 19 at the International Atomic Energy Agency (IAEA) 61st General Conference in Vienna, Austria

In Crete, EU Strives for Clean Energy Transition on Islands

Τετ, 27 Σεπτεμβρίου 2017 - 16:33

The first Clean Energy for EU Islands Forum was launched in Chania, Crete, on September 22 as part of an effort to act decisively on the decarbonisation of EU islands. The Forum, which was attended by Climate Action and Energy Commissioner Miguel Arias Cañete and Greek Prime Minister Alexis Tsipras, aims to accelerate the clean energy transition on EU islands, ensuring secure and cheap energy to their citizens, and create local jobs

Kurdish Vote for Secession Triggers Regional Volatility, Beginning With Oil

Τετ, 27 Σεπτεμβρίου 2017 - 16:31

The Monday referendum confirmed the wide expectation that the Kurdish Regional Government (KRG) of Iraq would be moving towards secession from Iraq and independence. The President of the KRG Masoud Barzani claimed the ‘yes’ vote on Monday’s as a personal victory. In a televised speech, he called on Baghdad and “neighboring countries” to respect the result of the referendum

Iraqi Kurds Shrug Off Threats to Hold Independence Vote

Δευ, 25 Σεπτεμβρίου 2017 - 17:06

Kurds voted in an independence referendum in northern Iraq on Monday, ignoring pressure from Baghdad, threats from Turkey and Iran, and international warnings that the vote may ignite yet more regional conflict

Ford Sets High Expectations for New Model Produced in Craiova

Δευ, 25 Σεπτεμβρίου 2017 - 17:03

US car producer Ford wants to sell over 100,000 units per year from its new Ford EcoSport model, which the company will start producing in its Craiova plant on October 12, reports 0-100.hotnews.ro

EU Commission Pushes Energy Union in Belgium

Δευ, 25 Σεπτεμβρίου 2017 - 17:02

On September 25, European Commission Vice-President for Energy Union Maroš Šefčovič started his second part of the Energy Union Tour to Belgium, this time with a special focus on cities

The Eurozone’s Political Integration is Now Less Likely

Δευ, 25 Σεπτεμβρίου 2017 - 17:01

Sunday’s German elections saw the worst result for the Christian Democrats (CDU) and the Social Democrats (SPD) since 1949. The status quo no longer has the political authority to reform the status quo. Germany has shown it is less exceptional than anyone thought

Albania: Electricity Imports Widen Trade Gap

Παρ, 22 Σεπτεμβρίου 2017 - 20:29

High electricity imports following one of the worst droughts in decades broadened Albania’s trade gap in the first eight months of this year despite exports growing by double digits. A report published by state statistical institute, INSTAT, show Albania’s trade gap expanded to 223 billion lek (€1.64 bln) in the first eight months of this year, up 6.3 percent compare to the same period last year

Germany Will Strive to Save Iran Nuclear Deal

Παρ, 22 Σεπτεμβρίου 2017 - 20:28

Germany’s Foreign Minister Sigmar Gabriel said on September 21 that Berlin will try to persuade the United States not to abandon the Iranian nuclear agreement. Speaking to reporters on the sidelines of a United Nations meeting in New York, Gabriel said any US move to cancel the Iran deal and impose new sanctions on Tehran would discourage powers such as North Korea from negotiating an end to their own nuclear programmes

Statkraft Sells Turkish Cetin Hydro Plant to Limak

Πεμ, 21 Σεπτεμβρίου 2017 - 20:13

Norwegian energy group Statkraft, Europe's largest hydropower producer, sold its one-third built Cetin hydropower plant in Turkey to Turkish Limak Energy, an official from the company said on Thursday. The Norwegian official told Anadolu Agency that the transaction would be completed in the third quarter of this year and will be announced on Oct. 26 with Statkraft's third quarter results

Pirelli Tyres Romania Appoints German CEO

Πεμ, 21 Σεπτεμβρίου 2017 - 20:07

German Wolfgang Meier has taken over as the new CEO of Pirelli Tyres Romania, replacing Italian Giuliano Menassi, who will continue his career within the Pirelli group as R&D Senior Vice President. Menassi had been managing the Romanian plant since April 2014