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EU Commission head Ursula von der Leyen confirmed the EU executive arm sold 20 billion euros worth of 10-year bonds in a syndicated sale that was more than seven times oversubscribed. The Commission said in a statement that it was the largest ever institutional bond issuance in Europe, the largest institutional single tranche transaction and the largest amount the EU has raised in a single transaction. “We need to invest this money well to make the best out of it... We have to make sure that the plans are in line with European priorities,” von der Leyen told a news conference. He said around 25% of the investors were central banks, 37% were bought by fund managers and 11% by insurance funds. “We managed really to interest and attract long term investors, which clearly has been our goal, and I’m happy about this structure of investors,” Hahn said.
Persons: Ursula von der Leyen, von der Leyen, ” von der Leyen, , Johannes Hahn, ” Hahn, Jan Strupczewski, Sonya Hepinstall Organizations: EU Commission, EU, Wednesday, AAA Locations: BRUSSELS, Europe, Spain, Portugal, Greece, Denmark, Luxembourg, EU, Asia, Americas
SPACs could stage a summer comeback
  + stars: | 2021-06-15 | by ( Julia Horowitz | Cnn Business | ) + 0.00   time to read: +7 min
A version of this story first appeared in CNN Business' Before the Bell newsletter. You can sign up right hereLondon (CNN Business) Special-purpose acquisition companies, or SPACs, were one of the stock market's hottest trends in early 2021, drawing in billionaires, celebrities and athletes. Nine new SPACs raised $1.4 billion last week, according to Bill Smith of Renaissance Capital, making it the busiest week since March. So far this quarter, just 50 new SPACs have listed globally, raising $10.9 billion, according to Dealogic data provided to CNN Business. The success of these arrangements may dictate whether other SPACs searching for companies to take public can do so with ease.
Persons: , Maxine Waters, Bill Smith, Dave, Bill Ackman's SPAC, execs, It's, Lordstown, Tesla, Lauren Gunn, Will Pearson, Pearson, Shoei Kisen, CNN Business they've, Rhodes, Price Organizations: CNN Business, Bell, CNN, Financial Services, Renaissance, Bank of America, Oaks, Corp, Aerospace, New, Victory, Universal Music Group, Lordstown Motors, GM, Lenovo, Pearson, Snuggy, Suez Canal Authority, Federal Reserve Locations: London, Washington, New York, Suez, Greece
This backdrop has supported euro zone bond markets in recent days, allowing yields to fall further. Its 10-year bond yield touched 0.74% on Monday , its lowest level in almost eight weeks, before recovering some ground. Most 10-year bond yields in the euro area edged up just slightly with Tuesday’s two-day meeting of the U.S. Federal Reserve providing another reason for subdued trading across markets. Germany’s benchmark 10-year bond yield was up 1.4 bps on the day at -0.254%. Greece’s 5-year bond yield fell below zero to -0.012% at one point - its lowest since Nov. 13.
Persons: Christine Lagarde, , , Antoine Bouvet, Greece’s, Lidia Treiber Organizations: LONDON, ECB, European Central Bank, Politico, ING, U.S . Federal Reserve, European Union, WisdomTree Asset Management, EU Locations: Italy
Brexit tensions are a test for Europe, says French minister Beaune
  + stars: | 2021-06-14 | by ( ) sentiment -0.96   time to read: 1 min
France's Secretary of State for European Affairs, Clement Beaune speaks during an EU MED (MED7) Ministerial Conference's news conference in Athens, Greece, June 11, 2021. REUTERS/Louiza VradiFrench European Affairs junior minister Clement Beaune said on Monday that current tensions over Brexit between Britain and the European Union were "a test" for Europe. "I am telling the British people, (Brexit) commitments must be respected...If it is not the case, retaliatory measures could be taken," Beaune told Europe 1 radio. Our Standards: The Thomson Reuters Trust Principles.
Persons: Clement Beaune Organizations: State, European Affairs, EU, REUTERS, European Union, Thomson Locations: Athens, Greece, Britain, Europe, Beaune
French Open done and dusted, Djokovic on track for calendar Slam
  + stars: | 2021-06-14 | by ( ) + 0.00   time to read: +2 min
Tennis - French Open - Roland Garros, Paris, France - June 13, 2021 Serbia's Novak Djokovic celebrates winning the final against Greece's Stefanos Tsitsipas REUTERS/Benoit TessierNovak Djokovic has a real shot at becoming the first man in more than 50 years to win all four Grand Slam titles in a calendar year after the Serb added the French Open to his Australian Open title on Sunday, seven-times major winner Mats Wilander said. The claycourt Grand Slam has been the most difficult major for Djokovic to win, Sunday's victory only his second at Roland Garros, and he heads to Wimbledon next where he is the two-time defending champion. "So yes, it's on and the way he looks – he looks young, he looks so fresh at the end, he looks scary good and motivated." Mischa Zverev, the brother of world number six Alexander, said Djokovic already looked like he had turned his attention to Wimbledon. "I don't know if it's going to happen but his achievement is incredible, especially the way he won today.
Persons: Roland Garros, Serbia's Novak Djokovic, Greece's Stefanos Tsitsipas, Benoit Tessier Novak Djokovic, Mats Wilander, Djokovic, Rod Laver, Novak, Wilander, Rafa Nadal, Mischa Zverev, Alexander, Zverev Organizations: Greece's Stefanos Tsitsipas REUTERS, Djokovic, Wimbledon, U.S, Flushing, Tokyo Games, Eurosport, Thomson Locations: Paris, France, Melbourne, Flushing Meadows
Greece is not abandoning China even though others are, ambassador says
  + stars: | 2021-06-14 | by ( Silvia Amaro | ) sentiment -0.97   time to read: +2 min
LONDON — Greece has no plans to end economic ties with China, just because other countries are reconsidering their own relationship with the country, Greece's permanent representative to NATO told CNBC on Monday. The relationship between China and European nations has deteriorated since March when a diplomatic clash emerged between the two sides. Back then, the EU decided to impose sanctions against China for the "large-scale arbitrary detentions" of ethnic minority Uyghurs. Beijing, which denies that it violates Uyghurs' human rights, retaliated by announcing counter-sanctions against members of the European Parliament. In addition, over the weekend, the G-7 group of developed nations said they will call on China to "respect human rights and fundamental freedoms."
Persons: Republic of China Xi, Kyriakos Mitsotakis Organizations: Greek, LONDON, NATO, CNBC, China Locations: Republic of China, Piraeus, Greece, China, Beijing, London, EU
Belarus could be used as a Russian 'weapon' against NATO, Lithuania president says
  + stars: | 2021-06-14 | by ( Silvia Amaro | ) sentiment -1.00   time to read: +1 min
Russia is extending its influence into Belarus and could use it as leverage against NATO countries, Gitanas Nausėda, the president of Lithuania told CNBC in an exclusive interview Monday. "We see the military buildup of Russian forces in Ukraine, in [the] Kaliningrad region and of course we see what's happening in Belarus right now. Lithuania, a nation in the Baltic region, shares a border with Belarus and has been a member of NATO since 2004. The president has previously described the relationship between Belarus and Russia as another Crimea — in reference to Russia's annexation of the Crimean Peninsula from Ukraine in 2014. Previously, Moscow has criticized the deployment of NATO troops in Eastern Europe and separately Russia has denied involvement in the landing of the Ryanair flight in Belarus.
Persons: Gitanas Nausėda, , Nausėda Organizations: NATO, CNBC, Ryanair Locations: Russia, Belarus, Lithuania, Ukraine, Kaliningrad, Baltic, Crimea, Crimean, Greece, Latvia, Minsk, Moscow, Eastern Europe
Exploring Greece’s Unseen Corners
  + stars: | 2021-06-14 | by ( George Tatakis | Photographs | ) + 0.61   time to read: 1 min
In 2016, drawn by the smell of Easter cookies, I ventured into a small bakery in the village of Olympos, on the Greek island of Karpathos. The owner, a woman named Kalliope, was going about her work while wearing what looked to me like a traditional costume. After chatting for a minute or two, I asked if she was dressed this way because it was Easter. “What do you mean?” she asked. “These are my clothes.”“You are the one,” she added, “who is dressed in a European costume.”
Persons: , Locations: Olympos, Karpathos
Jailed Belarusian journalist Roman Protasevich appeared at a news conference in Minsk on Monday saying he felt fine and had not been beaten, in what the opposition said was another public appearance made under duress. Protasevich has made several appearances since his plane was forced to land in Minsk while on a May 23 flight from Greece to Lithuania via Belarusian air space. And the regime is using him as a trophy," Franak Viacorka, a senior adviser to exiled Belarusian opposition figure Sviatlana Tsikhanouskaya, wrote on Twitter. 1/4 Opposition blogger and activist Roman Protasevich, who is accused of participating in an unsanctioned protest at the Kuropaty preserve, arrives for a court hearing in Minsk, Belarus April 10, 2017. Protasevich's arrest and the forced diversion of the Ryanair plane sparked uproar in the West, feeding calls for tougher sanctions to be put on Lukashenko's government.
Persons: Roman Protasevich, Protasevich, Alexander Lukashenko, let's, Sviatlana Tsikhanouskaya, Stringer, Kafka, Orwell, Lukashenko Organizations: Ryanair, Twitter, REUTERS, Thomson Locations: Belarusian, Minsk, Greece, Lithuania, Belarus
U.N. readies for more displaced Afghans after troop withdrawal
  + stars: | 2021-06-14 | by ( Michelle Nichols | ) + 0.00   time to read: +3 min
Grandi pointed to a deadly attack last week on an international demining organization in northern Afghanistan, which killed 10 people. "This is a tragic indicator of the type of violence that may be resurfacing in Afghanistan and with the withdrawal of the international troops this is possibly or likely going to become worse," Grandi said. After 20 years, the United States has started a withdrawal of its remaining 2,500 troops in Afghanistan and aims to be completely out of the country by Sept. 11. Grandi said strong international support was needed for peace talks between the Afghan government and the Taliban. Lowcock said that until a few years ago there had been a lot of international attention in Afghanistan.
Persons: Giorgos Moutafis, Filippo Grandi, Grandi, Osama bin Laden, Mark Lowcock, Biden, Lowcock Organizations: Refugee Rescue, REUTERS, Reuters, UNHCR, NATO, United States, United, Nations, Thomson Locations: Afghanistan, Skala Sikamias, Lesbos, Greece, Nations, U.N, United States, U.S, Australia, New Zealand, Georgia, Qaeda
"We had a positive and productive meeting, much of it one-on-one," Biden told a news conference after their meeting in Brussels. Erdogan characterised his talks with Biden on the sidelines of a NATO summit as "productive and sincere." 1/5 U.S. Vice President Joe Biden (L) attends a bilateral meeting with Turkish President Tayyip Erdogan in Washington March 31, 2016. REUTERS/Joshua Roberts/File Photo Read MoreAs president, Biden has adopted a cooler tone than predecessor Donald Trump towards Erdogan. At the start of the main leaders' session at NATO, Biden spoke to Erdogan at length in a small group before they took their seats.
Persons: Joe Biden, Tayyip Erdogan, Biden, Erdogan, Joshua Roberts, Donald Trump, Jens Stoltenberg, Emmanuel Macron, Macron Organizations: NATO, REUTERS, Erdogan, Washington, Thomson Locations: Syria, Libya, Brussels, Turkey, United States, Greece, Cyprus, Washington, Ankara, Russian, Turkish, NATO, Afghanistan, Kabul, Paris
Novak Djokovic won the French Open title after a thrilling match against Stefanos Tsitsipas, keeping tennis fans on the edge of their seat all the way through the end. 1 by the Association of Tennis Professionals going into the tournament, lost last year’s French Open against Rafael Nadal. He spoke to cameras in French on the court following his victory, calling his 19th Grand Slam "a dream." Tsitsipas, a 22-year-old from Greece, was hungry for his first French Open title. Djokovic pushed through and rallied against his competitor, offering fans a gripping finale to the Grand Slam tournament.
Persons: Novak Djokovic, Stefanos, Rafael Nadal, Djokovic, Roland Garros, Nadal, Roger Federer, Tsitsipas Organizations: Djokovic, Association of Tennis Professionals, Tsitsipas, Grand Locations: Greece, Serbian
Djokovic fights back to win second French Open title
  + stars: | 2021-06-13 | by ( ) + 0.00   time to read: +4 min
Novak Djokovic captured his second French Open title as he recovered from being outplayed for two sets by Stefanos Tsitsipas to win 6-7(6) 2-6 6-3 6-2 6-4 victory on Sunday. After failing to convert a set point in an enthralling 72-minute opener full of brutal rallies and then crumbling in surprising fashion in the second set, Djokovic looked drained. His hopes of banking a 19th Grand Slam title were hanging by a thread but he rediscovered his mojo in the nick of time to turn the match around in emphatic fashion. There were nerves as he served at 5-4, netting an easy volley and then seeing a Tsitsipas backhand flash past him on championship point. Djokovic earned his 19th Grand Slam title the hard way.
Persons: Novak Djokovic, Stefanos Tsitsipas, Rafa Nadal, Tsitsipas, Greece's, Philippe Chatrier, Djokovic, Nadal, Roger Federer, Lorenzo Musetti, backhands Organizations: Nadal, Musetti, Thomson
Calendar Grand Slam possible this year, says Djokovic
  + stars: | 2021-06-13 | by ( ) + 0.00   time to read: +4 min
"Everything is possible," Djokovic told reporters. Everything is possible, and I did put myself in a good position to go for the Golden Slam. "I never thought it was a mission impossible to reach the Grand Slams of these guys," Djokovic said. His long-time coach Marian Vajda joked after Sunday's comeback win that he and Goran Ivanisevic, who is also part of the team, would retire if Djokovic won the calendar Slam. "As much as Novak is healthy, and he's healthy right now, he's in great shape, I think he has ability to win the Grand Slam for this year.
Persons: Roland Garros, Serbia's Novak Djokovic, Greece's Stefanos Tsitsipas, Benoit Tessier, Novak Djokovic, Rafa Nadal, Roger Federer, Tsitsipas, Rod Laver, Djokovic, I've, Federer, Nadal, Rafa, Marian Vajda, Sunday's, Goran Ivanisevic, Novak Organizations: Greece's Stefanos Tsitsipas REUTERS, Wimbledon, Olympic Games, U.S ., Nadal, Thomson Locations: Paris, France, Tokyo, Wimbledon
Covid News: Judge Dismisses Houston Hospital Workers’ Lawsuit Over Vaccine Mandate Experts worry a steep drop in testing will making tracking U.S. outbreaks harder. Judge dismisses Houston hospital workers’ lawsuit over vaccination mandate. A health care worker holding a vial containing doses of the Johnson & Johnson coronavirus vaccine in Union City, N.J., in March. That mistake is most likely to blame for Emergent’s discovery in March that a batch of Johnson & Johnson vaccine had been contaminated with a key ingredient used to manufacture the AstraZeneca vaccine, the memo stated. decided that an additional 60 million Johnson & Johnson doses should not be used.
Persons: Chin Lee, Lynn N, Hughes, Jennifer Bridges, ” Judge Hughes, Bridges, , Marc Boom, Jared Woodfill, Jim Wilson, We’re, Susan Butler, Wu, Butler, Michael Osterholm, Mara G, Aspinall, Joseph Odelyn, Carissa Etienne, gasping, Richard Frechette, , Father Frechette, Elizabeth Campa, Zanmi Lasante, Ms, Campa, Jovenel Moïse, Le, Bruno Lemarquis, general’s, what’s, Lemarquis, Jacques Richard Miguel, Harold Isaac, Mauricio Lima, Moria, Johnson, Bryan Anselm, Dr, Peter Marks, Biden, Melina Delkic, ” Malcolm Clarke, it’s, Roy Cooper, Michael Gisser, Jodie, Mr, Cooper, Lauren Gibson, Buda Mendes, Jose Peseiro, Peseiro, ” Peseiro, Nelson Almeida, Argentina’s, , Roberto Firmino, Lucas Figueiredo, Jair Bolsonaro, Bolsonaro, Denis Grishkin, Sergey S, Sobyanin, Vladimir V, Putin, Rafael Nadal, Novak Djokovic, Felix Tshisekedi Organizations: Covid, Houston Hospital Workers, Houston Methodist Hospital, ., Houston Chronicle, Associated Press, District, Southern District of, Washington , D.C, Drug, for Disease Control, Houston Methodist, San Francisco International, New York Times, United States, University of Southern, Infectious Disease, University of Minnesota, College of Health Solutions, Arizona State University, The New York Times, Pan American Health Organization, Luke, University Hospital of Mirebalais, United Nations, Authorities, European Union, Johnson, Food and Drug Administration, Emergent, AstraZeneca, North Carolina State Fairgrounds, Breweries, Gov, Copa, Copa America, Brazil, Mane, Agence France, Copa América, CBF, EPA, Moscow News Agency, Reuters, Saudi Press Agency, Venezuelan national soccer team, Sunday, South American, Democratic, ” Reuters Locations: Moscow, Haiti, Baytown, Tex, ., Texas, Southern District, Southern District of Texas, United States, Washington ,, Maryland, U.S, Houston, United, University of Southern California, American, Associated Press Haiti, Covax, Port, Prince, Greece, Afghanistan, Lesbos, The New York Times ATHENS, Chios, Syria, Iraq, Baltimore, Union City, N.J, tote, Raleigh, N.C, Melina Delkic North Carolina, North Carolina’s, Charlotte, North Carolina, Brazil, Brasília, Venezuela, Caracas, Portuguese, Brasília ., Bolivia, South, Argentina, Colombia, Covid, Russian, epidemiologists, Russia, Saudi Arabia, Mecca, France, Canada, Democratic Republic of Congo, Kinshasa
Medicine’s Failure With Women in Pain
  + stars: | 2021-06-12 | by ( Elinor Cleghorn | ) + 0.00   time to read: +8 min
Unwell women emerged from the annals of medicine, like so many Russian nesting dolls. Their clinical histories often followed similar patterns: childhood illnesses, years of pain and mysterious symptoms, and repeated misdiagnoses. They attributed this disparity to views of female pain as “more emotionally based, and thus less credible.”More recently, a Swedish team analyzed research on gender and pain published in the U.S., U.K. and Europe since 2001 and concluded that women’s pain was still more frequently “psychologized” and “taken less seriously” compared with male pain. In the past year, the Covid-19 pandemic has shown the importance of integrating gender differences into medical research. —This essay is adapted from Ms. Cleghorn’s new book “Unwell Women: Misdiagnosis and Myth in a Man-Made World” (Dutton).
Persons: Lupus, Graves, myasthenia, Dylan Thomas, women’s, , Roy Porter, Freud, , Elaine Showalter, myasthenia gravis, Johns Hopkins, lupus, Diane Hoffmann, Anita Tarzian, Cleghorn’s, Dutton Organizations: Wall, National Institutes of Health, University of Maryland, National Academy of Sciences Locations: Greece, Swedish, U.S, Europe, Toronto
Unseeded Barbora Krejcikova Wins French Open
  + stars: | 2021-06-12 | by ( Joshua Robinson | ) + 0.98   time to read: +1 min
PARIS—Barbora Krejcikova always expected to be playing in the final weekend of the French Open. A tricky doubles specialist from the Czech Republic, Krejcikova had already won two Grand Slam finals with a partner. 32 in the world, Krejcikova arrived in Paris unseeded and facing long odds of surviving the first week. She’ll leave Paris a French Open champion. Unseeded players have won the women’s singles tournament twice in the past four years: Jelena Ostapenko in 2017 and Iga Swiatek last fall.
Persons: Barbora Krejcikova, Krejcikova, she’d, She’ll, Anastasia Pavlyuchenkova of, Jelena Ostapenko, Iga, Elena Svitolina, Sloane Stephens, Coco Gauff, Maria Sakkari Organizations: PARIS, Garros Locations: Czech Republic, Paris, French, Anastasia Pavlyuchenkova of Russia, Greece
A prominent opponent of Belarus' authoritarian president Roman Protasevich attends an opposition rally in Minsk, Belarus, Sunday, March 25, 2012. Belarusian President Alexander Lukashenko emerges from the polling booth after marking his ballot in Belarus' national referendum in Minsk, Belarus. But the August elections proved to be an inflection point of massive consequence for Protasevich, Lukashenko, and the future of Belarus. In this Sunday, July 19, 2020, file photo, Sviatlana Tsikhanouskaya, candidate for the presidential elections, reacts during a meeting with her supporters in Minsk, Belarus. In this Aug. 10, 2020, file photo, protesters carry a wounded man during clashes with police in Minsk, Belarus.
Persons: Alexander Lukashenko, Roman Protasevich, Lukashenko, Rachel Denber, Protasevich, Sofia Sapega, Franak, Svetlana Tikhanovskaya, Viačorka, Sapega, Weeks, Denber, Hanna Liubakova, Protasevich's, wasn't, Oleg Nikishin, Sergei Tikhanovsky, Tikhanovskaya, Sviatlana Tsikhanouskaya, Sergei Grits, Tikhanovskaya's, Vladimir Putin, Putin, He's Organizations: Human Rights, Central Asia Division, Ryanair, Passengers, KGB, Twitter, Telegram, New York Times, AP, European Union, Commission, Coordination, Tikhanovskaya, Rights, EU, US Foreign Relations, Viačorka, Belarus — Locations: Eastern Europe, Belarus, Europe, Athens, Greece, Vilnius, Lithuania, Minsk, Belarusian, Sapega, Poland, Warsaw, NEXTA, Soviet, United States, Korea, EU
After toppling Nadal, Djokovic hopes to be ready for Tsitsipas
  + stars: | 2021-06-12 | by ( ) + 0.00   time to read: +3 min
His challenger will be a 22-year-old who is bidding to become the first Greek to win a singles major. Tsitsipas has long been marked out as a future Grand Slam champion and has already collected trophies from the season-ending ATP Finals and a Masters 1000 tournament. "I'm looking forward to that challenge," Tsitsipas said on Friday, looking ahead to his first major final. The emotions of Friday's fantastic win over 13-time French Open winner Nadal might leave a hangover for most players but that might not be a problem for Djokovic with his incredible mental strength. Djokovic was happy to relax a bit and enjoy his semi-final win over his great rival but will not take anything for granted against the Greek.
Persons: dethroning, Rafa Nadal, Novak Djokovic, Stefanos, Roy Emerson, Rod Laver, Roland Garros, Nadal, Roger Federer's men's, Tsitsipas, Alexander Zverev, Philippe Chatrier, Djokovic, It's, “ I’m Organizations: U.S, Thomson Locations: Stefanos Tsitsipas, Serbian, Greece
Afghans jailed in Greece over Moria migrant camp blaze
  + stars: | 2021-06-12 | by ( ) sentiment -0.98   time to read: +2 min
A view of the destroyed Moria camp for refugees and migrants on the island of Lesbos, Greece, June 3, 2021. REUTERS/Alkis Konstantinidis/File PhotoFour Afghan asylum-seekers were sentenced to 10 years in prison in Greece on Saturday for their part in a fire that destroyed the Moria migrant camp last year, in a case that highlighted the chronic refugee problem on Europe's borders. Before the blaze, Moria was considered Europe's biggest migrant camp, a sprawling and overcrowded town of tents and improvised shelters notorious for its poor and often dangerous living conditions. The four men were among a group of six Afghans detained by police following the fire. Defence lawyers said the men had been framed by a witness and that the court's decision was "an inconceivable conviction without evidence".
Persons: Alkis Organizations: REUTERS, UNHCR, Thomson Locations: Lesbos, Greece, Chios
Novak Djokovic Outlasts Rafael Nadal at the French Open
  + stars: | 2021-06-11 | by ( Joshua Robinson | ) + 0.00   time to read: +5 min
PARIS—France had lived under various pandemic restrictions for 16 months before Rafael Nadal and Novak Djokovic took the court at Roland-Garros on Friday night. Until Friday night, Nadal had taken 105 of his 107 matches here, a record that seemed hardly possible in modern sports. “If you want to win against Rafa, on his court, you really have to play your best tennis,” Djokovic added. Djokovic, 34, was always going to be the biggest obstacle between Nadal and a 14th French Open trophy, which would also carry him past Roger Federer and onto 21 Grand Slam singles titles. Just eight months ago, the pair had met in the final here during a rescheduled French Open that moved from spring into a chilly October.
Persons: Rafael Nadal, Novak Djokovic, Garros, I’ve, ” Djokovic, Nadal, hadn’t, Djokovic, Tsitsipas, Alexander Zverev, Roger Federer, Roger Federer’s, it’s, Djokovic’s, ” Nadal, Merci, Joshua Robinson Organizations: PARIS —, Roland, Nadal, Djokovic, Rafa, Chatrier Locations: PARIS — France, Paris, Greece, Sunday’s, , France, joshua.robinson
EU countries meet to tussle over gas project funding
  + stars: | 2021-06-11 | by ( Kate Abnett | ) sentiment -0.99   time to read: +2 min
REUTERS/Yves Herman//File PhotoEuropean Union energy ministers meet in Luxembourg on Friday to debate prolonging EU support for some cross-border natural gas projects, despite the European Commission saying such funding should end to meet climate change goals. Energy ministers from EU countries will on Friday attempt to agree their position. A proposal for the member states' position, drafted by Portugal and seen by Reuters, would prolong funding for some gas projects. read moreThat has divided the 27 countries, with 11 countries including Germany, Denmark, the Netherlands calling for rules that exclude fossil fuels, including gas. It also said projects in the island countries of Malta and Cyprus with PCI status should retain it until those countries are fully connected to the European gas network.
Persons: Schuman, Robert Schuman, Yves Herman, Kadri Simson Organizations: European, European Commission, REUTERS, Union, Commission, Energy, Reuters, Thomson Locations: Brussels, Belgium, Luxembourg, EU, Portugal, Germany, Denmark, Netherlands, Malta, Cyprus, Greece
Ambassadors from the 27 EU member states approved a modified European Commission proposal that people who have been fully vaccinated for 14 days should be able to travel freely from one EU country to another, current EU president Portugal said. Just over a quarter of EU adults are now fully vaccinated. EU member states will also be able to hit an "emergency brake" to bar all travellers from a region showing a spike in more infectious variants of the disease. The system is designed also to apply to non-EU members of the open-border Schengen zone - Iceland, Liechtenstein, Norway and Switzerland, but not to former EU member Britain. Border policy as a whole, though, is a matter for individual EU countries, so they can still set their own rules.
Persons: Costas Baltas, Portugal Organizations: REUTERS, Union, EU, Britain, Thomson Locations: Athens, Greece, COVID, Iceland, Liechtenstein, Norway, Switzerland, Britain
Europe’s Summer of Recovery Is More Fragile Than It Looks
  + stars: | 2021-06-11 | by ( Peter S. Goodman | ) + 0.56   time to read: +1 min
Countries that are heavily reliant on tourism appeared likely to benefit, among them Greece, Italy and Spain. None was better placed than Portugal, where — before the pandemic — tourism made up nearly one-fifth of overall economic activity, according to government data. “We are already starting to see a better public health picture, and so things are also improving in the economic picture,” said Ricardo Amaro, a senior economist at Oxford Economics. The British traditionally flock to Portugal as a respite from their often-dreary weather, much as New Yorkers use Florida to escape winter. Portugal received more than 2 million visitors from Britain in 2019, according to the national tourist board.
Persons: , Ricardo Amaro Organizations: Oxford Economics, Portugal Locations: Greece, Italy, Spain, Portugal, Florida, Britain, Algarve
Overall, a median of 74 percent has confidence in Biden to “do the right thing” in world affairs, according to Pew. But 44 percent in Taiwan and 43 percent in Greece say the U.S. is not very or not at all reliable, the survey found. And favorability in Taiwan is down slightly from 68 percent to 61 percent, compared to a 2019 Pew poll. However, a median of only 50 percent of respondents said in the Pew survey that they believe American democracy is working well. Pew noted that when former President Barack Obama took office in 2009, favorability increased compared to George W. Bush’s administration.
Persons: Donald Trump, Joe Biden, Biden, They're, , Pew . Pew, , America’s, Pew, Barack Obama, George W, Trump, favorability Organizations: Pew Research, Trump, Pew ., White House, U.S Locations: Europe, France, Germany, Italy, Netherlands, North America, Asia, Pacific, Britain, United States, Australia, Belgium, Canada, Greece, Japan, New Zealand, Singapore, South Korea, Spain, Sweden, Taiwan, U.S, New Zealanders, American
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