Contents tagged with Europe
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Estonia prepares to introduce sanctions against Russia because of Kerch Strait incident
The Estonian parliament will appeal to the government with a proposal to introduce individual sanctions against four high-ranking Russian officials who are deemed responsible for Russia’s attack on Ukrainian ships in the Kerch Strait. Among them are Senator Aleksey Pushkov, Vladimir Kulishov, Sergei Stankevich and Vasily Piskarev. The decision was adopted by the Estonian MPs on Wednesday, February 20.
Fifty-six deputies voted to impose sanctions on the four officials. The sanctions prohibit …
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Swedish Swedbank suspected of laundering billions of euros including from Russia
Swedish Swedbank is suspected of systematic money laundering, which lasted for about a decade, and was associated with the Baltic branches of Danske Bank, reports Delfi news portal with reference to the Swedish broadcasting corporation (SVT).
According to the "Uppdrag Granskning" program, the cash flow between Swedbank and the Baltic branches of Danske Bank was at least 40 billion Swedish krona (5.8 billion euros). Among them, there are transfers from companies that became known due to large …
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EU investigates laundering of Russian money through Danske Bank
The European Banking Authority (EBA) has opened an investigation into the laundering of Russian money through Danske Bank with respect to the supervisory bodies in Denmark and Estonia.
The EBA will examine whether the Danish and Estonian financial services authorities fulfilled their obligations according to EU legislation.
In June 2018, the Estonian prosecution office initiated a criminal investigation against the Estonian branch of Danske Bank, which is believed to have participated in the …
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Ukraine among top 3 countries in terms of damage inflicted to Russia's economy
Restrictive measures imposed against Russian products abroad caused a damage of $6.3 billion (expert evaluation) to the Russian economy, according to the report published on the website of the Russian Ministry of Economic Development.
It follows from the presentation prepared by the ministry that the European Union took the first place in terms of the number of restrictions imposed on Russian goods. Next come Ukraine, India, Belarus, Turkey and the United States.
Nevertheless, the picture …
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Moldova begins construction of pipeline connecting it to European gas supply system
Moldovan Prime Minister Pavel Filip and Romanian Deputy Prime Minister for the Implementation of Strategic Partnerships Ana Birchall took part in the ceremony marking the beginning of the construction of the second-stage of the Jasz-Ungheni-Chisinau gas pipeline.
The first line of the gas pipeline was put into operation in 2014, making it possible to deliver almost a million cubic meters of gas from Romania to Ungheni and several nearby settlements. The second part of the 120-km-long pipeline …
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Kremlin: Russia starts developing intermediate-range ground-based missile
Russia has started developing an intermediate-range ground-based missile, said Russian Deputy Foreign Minister Sergey Ryabkov during a panel session of the 55th Munich Security Conference.
“Russia has begun the scientific and technical and development work in this regard, just like the US,” he said.
Ryabkov noted that, on 2 February, Russian President Vladimir Putin said that Russia will not deploy short or intermediate-range missiles anywhere until American missiles appear there.
“The US …
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Czech Republic to send a mechanized battalion to the Allied Rapid Reaction Corps
The Czech Republic will send a mechanized battalion to the Allied Rapid Reaction Corps, said the Chief of the General Staff of the Czech Republic, Lieutenant General Aleš Opata on Friday.
"The Czech Republic will send 800 servicemen and 200 units of equipment to the Allied Rapid Reaction Corps that can deploy within 30 days.” He explained that the Czech Republic is sending a mechanized ground forces battalion.
The project of the Allied Rapid Reaction Corps was discussed in Brussels on …
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Finland, Estonia, and Latvia agree to establish regional gas market
The Estonian state-owned company Elering AS, which operates electrical and gas networks, stated that an agreement was signed with the energy companies of Finland and Latvia to the establishment of a Finnish-Estonian-Latvian gas market beginning 2020, Interfax-Ukraine reports.
It is noted that this agreement allows for a single gas tariff for gas transit between these countries and eliminates cross-border charges which means that next year gas will flow between Finland, Estonia, and Latvia at …
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Germany’s Federal Intelligence Service examines Russia's ties with the far-right German parties
The German Federal Intelligence Service (BND) is examining Russia's ties with the far-right German parties, including the anti-immigration Alternative for Germany (AfD), the Redaktions Netzwerk Deutschland RND (German Editorial Network) reported on Thursday, citing intelligence sources.
The leadership of Germany’s Federal Office for the Protection of the Constitution (BfV) decided to relocate with all its regional offices amid concerns that Moscow might try to influence European elections in …
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Kyiv: Ukraine satisfied with EU policy changes concerning Nord Stream 2
The EU’s coordinated amendments to its Gas Directive establish a legal framework for the Nord Stream 2 project to function in accordance with EU standards, but do not reduce the security risks, and could make Russia’s behavior even more aggressive, wrote Olena Zerkal, Ukraine’s Deputy Foreign Minister for European Integration, on Facebook.
“First and foremost, EU law will extend to gas pipelines from third countries, including Nord Stream 2. This was and remains the key provision of the …