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Latest business news about Russia and the European Union


Russia denies four billion euro Iceland bail-out: report 07 October 2008, 13:20 CET
A top Russian official denied Tuesday that Moscow had granted Iceland a four billion-euro loan, saying discussions on the matter had not begun, RIA Novosti news agency said.

Russia wants to work with EU, US, against piracy: report 03 October 2008, 23:01 CET
Russia's Foreign Minister Sergei Lavrov said Friday Moscow wanted to work with the European Union and the United States to stop piracy, as talks to release a Ukrainian ship off Somalia made progress.

EU presidency condemns killing of Russian troops in Georgia 03 October 2008, 23:01 CET
The French EU presidency on Friday condemned the bomb attack in the breakaway Georgian region of South Ossetia, which left seven Russian soldiers dead, as well as the earlier killings of Georgian police officers.

Russia delays south Europe gas pipeline: report 03 October 2008, 11:51 CET
Russian gas giant Gazprom has delayed by at least two years the launch of the South Stream pipeline linking Russia to southern Europe, a newspaper reported Friday, citing a company document.

Russia will 'think twice' before repeating Georgia actions: US 02 October 2008, 18:55 CET
Russia will "think twice" before repeating its actions during the conflict with Georgia, US Deputy Secretary of State John Negroponte said Thursday, calling on Moscow to fully implement a peace plan.

Russia says EU has full access to Georgia buffer zones: report 01 October 2008, 19:43 CET
Russia on Wednesday vowed to give European Union monitors full access to Russian-controlled buffer zones around two rebel regions of Georgia, Interfax news agency reported, citing the defence ministry.

Gas price for Europe hits 500-dollar milestone: Gazprom 01 October 2008, 16:54 CET
Russia will for the first time charge European customers over 500 dollars per 1,000 cubic metres of gas in October after prices grew faster than expected, gas monopoly Gazprom said Wednesday.

Russia "disappointed" by Belarus election criticism 30 September 2008, 21:04 CET
Moscow is "disappointed" by international criticism of Belarus' recently-held elections, the Russian foreign ministry said Tuesday.

Russia sought to topple Georgian government: Polish president 29 September 2008, 22:27 CET
Poland's President Lech Kaczynski has alleged in an interview that Russia's military action in Georgia was aimed at toppling the Georgian government and that it sealed his country's decision to host a US missile shield vehemently opposed by Moscow.

EU monitoring official to discuss pull-back with Russian military 25 September 2008, 16:27 CET
A senior official in the European Union's monitoring mission in Georgia on Thursday said he would meet Russian officials to discuss the practical aspects of a planned Russian troop pull-back.

Anti-US sentiment soars to record heights in Russia 25 September 2008, 16:39 CET
Two-thirds of Russians dislike the United States following last month's war in Georgia, the country's highest level of anti-US sentiment in a decade, a Moscow polling agency said on Thursday.

Sarkozy calls for EU-Russia 'economic community' 23 September 2008, 23:03 CET
French President Nicolas Sarkozy, current head of the European Union, called Tuesday for a "joint economic community" between Europe and Russia.

French, Russian PMs bond over economy 21 September 2008, 00:11 CET
The prime ministers of France and Russia sought Saturday to overcome tensions thrown up by the conflict in Georgia by focusing their attention on economic issues.

Russian, French PMs say Moscow and Europe must have direct ties 21 September 2008, 00:11 CET
Russian Prime Minister Vladimir Putin and his French counterpart Francois Fillon insisted Friday on direct ties between Moscow and Europe to guarantee stability in the region.

US seeks EU backing on isolating Russia 19 September 2008, 16:31 CET
A senior US official called Friday for solidarity between the European Union and the United States to confront Russia's military surge in Georgia and consider moves to isolate Moscow.

Russian minister rules out war with the United States 19 September 2008, 14:37 CET
Russian Deputy Foreign Minister Alexander Yakovenko said on Friday there was no possibility of a war with the United States and the European Union should guarantee security in Georgia.

EU vows to help Vilnius reduce Russian energy dependence 17 September 2008, 18:51 CET
The European Commission on Wednesday promised to help Lithuania reduce its dependence on Russian energy supplies while not allowing it to keep its Soviet-era nuclear plant.

Russians have so far kept promises over Georgia: Sarkozy 17 September 2008, 18:48 CET
Russia has so far kept its promises on the retreat of troops from Georgia, French President Nicolas Sarkozy, whose country holds the European Union presidency, said Tuesday.

Russian troops in rebel regions 'not acceptable': NATO chief 15 September 2008, 11:10 CET
NATO chief Jaap de Hoop Scheffer insisted Russia's plans to keep thousands of troops in Abkhazia and South Ossetia was "not acceptable," in an interview published here Monday.

Kiev accuses Russia of 'destabilising' Ukraine 13 September 2008, 22:09 CET
Ukraine accused Russia on Saturday of seeking to destabilise the ex-Soviet state, dismissing the idea it was in Moscow's special zone of interest and describing Kiev's EU and NATO ambitions as "irreversible."

Russian troops start withdrawal from Georgia 13 September 2008, 11:28 CET
Russian troops on Saturday left two camps near Georgia's port of Poti, starting a withdrawal pledged by Moscow in a European Union-brokered accord on ending the conflict in the ex-Soviet state.

Russia's Lavrov in Poland to discuss US missile shield, Georgia 10 September 2008, 23:07 CET
Russian Foreign Minister Sergei Lavrov arrived Wednesday in the Polish capital Warsaw for his first visit to an EU member state since the Georgia conflict erupted just over a month ago.

Russia, EU at odds over Georgia peace deal 10 September 2008, 19:25 CET
Russia is ruling out allowing EU observers into the Georgian regions of South Ossetia and Abkhazia, contradicting claims by French President Sarkozy over the mission.

US has upset military balance with Russia: Lavrov 10 September 2008, 21:10 CET
The US decision to install a missile shield in Poland is a "very dangerous game," which had upset the military balance between Washington and Moscow, Russian Foreign Minister Sergei Lavrov said Wednesday.

No EU, Russia talks on monitors for rebel regions: Solana 10 September 2008, 21:09 CET
European Union and Russian leaders did not discuss this week whether EU monitors could deploy to Georgia's rebel regions, EU foreign policy chief Javier Solana said Wednesday.

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