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Turkish lira slips after sources say U.S. to impose sanctions
ISTANBUL (Reuters) - The Turkish lira weakened on Friday after sources said the United States was poised to impose sanctions on Turkey over its acquisition of Russian S-400 air defence systems, a move set to worsen ties between the two NATO allies.
EU leaders pave way for implementation of landmark recovery package
BRUSSELS, Dec. 10 (Xinhua) -- The leaders of the 27 European Union (EU) member states on Thursday reached an agreement on the EU long-term budget and recovery fund, paving way for the implementation of the recovery package totaling over 1.8 trillion euros (2.19 trillion U.S. dollars) to tackle the socio-economic consequences of COVID-19 pandemic.
EU leaders agree to extend Russia sanctions again
BRUSSELS (Reuters) - European Union leaders agreed on Thursday to extend economic sanctions imposed on Russia for its intervention in Ukraine by another six months, a spokesman for European Council President Charles Michel said.
After heated debate, EU to prepare new sanctions over Turkish gas drilling
BRUSSELS (Reuters) - European Union leaders agreed on Thursday to prepare limited sanctions on Turkish individuals over an energy exploration dispute with Greece and Cyprus, postponing any harsher steps until March as countries sparred over how to handle Ankara.
As Brexit flounders over fish, UK and EU leaders dine on turbot
BRUSSELS (Reuters) - After months of wrangling over access to British fishing waters, Britain's prime minister and the European Union's chief executive met for dinner in Brussels on Wednesday to pull Brexit trade talks back from the brink - and tucked into turbot.
EU leaders to unblock EU budget, recovery fund, set new climate goals
BRUSSELS (Reuters) - European Union leaders are likely to unblock on Thursday a stalled 1.8 trillion euro package to help revive the economy after the COVID-19 pandemic and agree on new, more ambitious CO2 emissions reduction goals to fight climate change.
Have your turbot and eat it? UK, EU set weekend deadline for new Brexit pact
BRUSSELS/LONDON (Reuters) -British Prime Minister Boris Johnson and the European Union's chief executive gave themselves until the end of the weekend to seal a new trade pact after failing to overcome persistent rifts over a "frank" and "lively" dinner of turbot on Wednesday.
Exclusive-EU to toughen sanctions on Turkish drilling - draft statement
BRUSSELS (Reuters) - The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday.
Boris Johnson to Brussels for crisis Brexit talks
LONDON: British Prime Minister Boris Johnson will head to Brussels within days for urgent talks with European Commission President Ursula von der Leyen, amid growing fears on both sides that Brexit trade talks will fail.
Turkey calls on EU to act with common sense, says wants to improve ties
ANKARA (Reuters) -Turkey urged the European Union on Tuesday to use "common sense" to end a row over natural gas exploration that has fanned territorial disputes in the eastern Mediterranean and drawn a threat of sanctions from EU leaders.
