European Union Members News
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Polskie Gornictwo Naftowe i Gazownictwo SA, Poland’s biggest gas distributor, dismissed Chief Executive Officer Grazyna Piotrowska-Oliwa following a row over OAO Gazprom’s pipeline expansion plans.
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Polish Prime Minister Donald Tusk dismissed Treasury Minister Mikolaj Budzanowski for failing to inform him about a deal with OAO Gazprom over the Russian natural gas producer’s pipeline expansion plans.
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U.K. government bonds advanced for a second day after a report showed retail sales in the U.S. unexpectedly fell in March by the most in nine months, boosting demand for British assets as a refuge.
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Polish Prime Minister Donald Tusk wasn’t aware of a plan by OAO Gazprom, the world’s biggest natural gas producer, to study a pipeline via the central European nation.
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The level of immigration from Bulgaria and Romania to the U.K. once restrictions end next year is “unpredictable,” though the impact on public services is likely to be “modest,” a report for the Foreign Office said.
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One lesson from the Cyprus bailout debacle is that in the eyes of its fellow European Union members, Cyprus really is different.
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The yen rose for the first time in five days against the dollar as an opposition lawmaker said his party will oppose Bank of Japan Deputy Governor Nominee Kikuo Iwata, who investors see as endorsing monetary policy easing.
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Hungary’s forint dropped to a nine- month low as falling inflation stoked prospects for interest- rate cuts and lawmakers backed constitutional changes some European Union members say undermine democracy.
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The following is a reformatted version of a statement released today by leaders of the Group of 20 emerging and industrialized nations following their summit in Los Cabos, Mexico.
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Germany’s top constitutional court rejected efforts to block a permanent euro-area rescue fund, handing a victory to Chancellor Angela Merkel, who championed the 500 billion-euro ($645 billion) bailout facility.
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