EBRD and Russia’s Federal Grid in energy efficiency drive
The EBRD and Russia’s Federal Grid Company, the country’s high-voltage transmission operator, today laid the groundwork for a strategic partnership to promote energy efficiency in the Russian power sector.
Russia invites Indian investment
Russia wants “strong Indian presence” in the energy, pharmaceutical and IT sectors, Prime Minister Vladimir Putin told Commerce and Industry Minister Anand Sharma.
EU-Russia Energy Relations: A Pause or Fast Forward?
At the end of the last EU–Russia Summit in Rostov-on-Don, European Council President Herman Van Rompuy uttered an ambitious statement. Announcing Europe’s readiness to be a partner in Russia’s modernization, he noted “With Russia we don’t need a reset. We want a fast-forward.”
Turkey hardens resolve against Kurdish rebels
Turkish Prime Minister Erdogan has vowed to crush Kurdish rebels after attacks killed 11 Turkish soldiers. Clashes between the two sides have escalated sharply.
Komorowski leads Polish presidential race, but run-off likely
Exit polls show interim president and parliament speaker Bronislaw Komorowski has won the most votes in Poland's presidential election but not enough to avoid a run-off in two weeks.
Turkey's agricultural exports on the rise
Turkey’s fresh fruit, vegetable and citrus exports increased by 15 percent in value while deceasing 1 percent in amount in the first five months of the year in comparison to the figures of the last year, according to a report released by the general secretary of the Mediterranean Exporter Unions.
Medvedev Sees Risk to Euro
Russian President Dmitry Medvedev expressed doubts about the future of Europe's common currency and said the Gulf of Mexico oil spill could threaten the survival of BP PLC.
IMF says Spain taking right steps
The IMF head backs Spain's efforts to revive its economy, as the eurozone crisis prompts markets to fret about its outlook.
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