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News on Markets
Czechs oppose broad Russia sanctions, see new Iron Curtain

New European Union and U.S. sanctions against Russia should not hurt the Czech economy, but a protracted trade war could create a new Iron Curtan between the EU and Russia, the Czech government said on Wednesday.

  • Date: 30.07.2014  |  Published on EGF: 30.07.2014  |  External Relations  |  from http://www.reuters.com/
Warsaw says Russian ban on Polish produce is revenge for EU sanctions

Russia announced a ban on most fruit and vegetable imports from Poland on Wednesday and said it could extend it to the entire EU, a move Warsaw called Kremlin retaliation for new Western sanctions over Ukraine imposed on Russia a day earlier.

  • Date: 30.07.2014  |  Published on EGF: 30.07.2014  |  External Relations  |  from http://www.reuters.com/
Russia sanctions threaten to blow euro zone off course

The knock to confidence from harsher European sanctions on Russia could spoil the euro zone's budding economic recovery even if it shrugs off the fallout on trade.

  • Date: 29.07.2014  |  Published on EGF: 29.07.2014  |  External Relations  |  from http://www.reuters.com/
Europe nervy as Russian assets hit by new sanctions talk

The euro was stuck near its lowest level since November and Russian markets tumbled for a third straight day on Monday as new European sanctions for Moscow chilled the already frosty relationship between the two.

  • Date: 28.07.2014  |  Published on EGF: 28.07.2014  |  External Relations  |  from http://www.reuters.com/
Russian shares down, Rosneft underperforms after Yukos ruling

Shares in Russia's Rosneft fell more than the broad MICEX index on Monday after an international court ordered Moscow to pay $51 billion for expropriating the assets of the now-defunct oil producer Yukos, most of which were acquired by Rosneft in auctions.

  • Date: 28.07.2014  |  Published on EGF: 28.07.2014  |  Markets  |  from http://www.reuters.com/
EU will exclude gas technology from Russia sanctions-sources

EU leaders seeking to agree sanctions against Russia over its actions in Ukraine are expected to include oil technology but exclude technology for Russia's all-important gas sector, EU sources said on Friday.

  • Date: 25.07.2014  |  Published on EGF: 25.07.2014  |  External Relations  |  from http://www.reuters.com/
Global economy starts second half on solid footing

China's factory activity expanded at its fastest in 18 months in July, while the euro zone's private sector also perked up, but the pace of U.S. manufacturing expansion slowed.

  • Date: 25.07.2014  |  Published on EGF: 25.07.2014  |  Markets  |  from http://www.reuters.com/
EU reaches preliminary deal on Russia economic sanctions

European Union ambassadors reached a preliminary agreement on Friday to push ahead with hard-hitting economic sanctions against Russia over the Ukraine crisis but details remained to be worked out, diplomats said.

  • Date: 25.07.2014  |  Published on EGF: 25.07.2014  |  External Relations  |  from http://www.reuters.com/
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