[Ticker] Russian oil stops flowing to Hungary

Russian oil flows via the Druzhba pipeline through Ukraine to the Czech Republic, Hungary, and Slovakia stopped last Thursday, the countries said Tuesday. Russian firm Transneft blamed Ukraine and EU sanctions for the outage, saying Ukraine had returned its July gas transit-fee citing European restrictions. The EU is phasing out Russian oil purchases by the […]

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[Ticker] EU opening tech embassy in Silicon Valley

The EU is opening a new liaison office in California’s Silicon Valley to ease communication with US tech companies, as new laws are set to come into effect that will increase regulatory scrutiny of companies like Apple, Goole and Meta in Europe. The EU’s executive branch and the European Commission will jointly run the new […]

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[Ticker] Russia’s war to cost Germans €260bn

Russia’s war in Ukraine is to cost Germany’s economy some €260bn by 2030 according to a study by the Institute for Employment Research. Its GDP will fall by 1.7 percent by next year, putting 240,000 Germans out of work, due to high energy prices, which will hurt the chemicals and metals industries, it noted. Inflation […]

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[Ticker] Greek president calls for wiretap investigation

Greek President Katerina Sakellaropoulou said an investigation was needed into the wiretapping scandal of a political opponent of Greece’s prime minister Kyriakos Mitsotakis. In a statement, Sakellaropoulou said that the right to privacy was a fundamental condition of a democratic and liberal society. “It requires the immediate and full clarification of the wiretapping case,” she […]

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[Ticker] Finnish parliament website hacked by Russian group

A Russian hacker group is said to have crashed the website of the Finnish parliament on Tuesday afternoon, reports Finnish state media outlet Yle. Yle says the denial-of-service attack was carried out by Russian hacker syndicate NoName057(16). “We decided to make a ‘friendly’ visit to neighbouring Finland, whose authorities are so eager to join Nato,” […]

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[Ticker] Hungary sends ex-commissioner to plead for EU money

Hungary’s regional development minister and ex-EU commissioner is giving “personal” guarantees to EU officials that Budapest is in compliance with EU criteria for disbursing post-pandemic aid. “We make enough institutional changes [and] because I’m the chief negotiator I can give personal safeguards for that”, Tibor Navracsics told The Guardian after being sent to Brussels to […]

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