European Union

No details on foreign financial assistance to Ukraine

KIEV -- Russia should be a good neighbor to Ukraine and allow it to move forward in the direction that is has chosen, said Catherine Ashton.

Prime Minister Antonis Samaras was traveling to Strasbourg on Tuesday for the launch of the European Union’s High Level Group on Own Resources.

The European Parliament decided to postpone a long-expected voting that could lead to scrapping roaming charges across the EU.

One of the key ideas within the bill was to end mobile phone roaming fees by 2016.

A proposal for "net neutrality", envisaging legal protection to the Open Internet, was also on the agenda.

The International Monetary Fund is considering financial data from two years ago with regard to its estimation for the capital requirements of Greek lenders, local sources have told Skai.

Thousands of Icelanders flocked the streets of the capital Reykjavik on Monday to protest against the government's intention to scrap EU membership plans without a referendum.

The debate on a bill to abandon EU membership plans might be renewed today, but street rallies are also likely to continue in the city, Euronews reports.

Croatia and Serbia to pursue war reparations

Experts said reparations are important to reconciliation in the region.

Davor Stier (centre), European Parliament member from the Croatian Democratic Union, rasied the issue of war reparations with EU Enlargement Commissioner Stefan Fule. [Facebook/Davor Stier]

 Banks’ requirements will not exceed 6 bln euros; methodology will be available for scrutiny, sources say

By Yiannis Papadoyiannis

Greek government bonds rose on Monday as the country’s partners were said to be working on the next review of its bailout, while Portugal’s two-year yields dropped to the lowest in more than a month as the nation said it would buy back debt.

The European Union renewed for another five years a tariff against South Africa on a material for consumer batteries, saying Greek producer Tosoh Hellas AIC and Spain’s Cegasa Internacional SA need longer protection.

The EU reimposed the 17.1 percent duty on imports of electrolytic manganese dioxide from South Africa.

Greece and the Eurogroup agreed on Friday a deal to extend the country?s loan agreement for another four months, pending on lenders approving reform proposals due to be submitted by the Greek side on Monday.