List of All Articles with Tag 'euro'

Investors in sovereign bonds are mispricing a growing risk that has the potential to trigger downgrades, according to

By Sruthi Shankar and Shashwat Chauhan (Reuters) -European shares ended flat on Monday as gains driven by optimism around China's

Buses from Luton Airport have arrived in Ukraine to help troops on the frontline in the war against Vladimir Putin. The buses, operated by Go-Ahead, were used until March this year to shuttle passengers between Luton Airport and the nearby railway station. They will now be used as rest areas for soldiers in Eastern Ukraine and to transport supplies for front-line troops after being donated to a charity supporting the Ukrainian war effort. Go-Ahead donated the vehicles to local charity, Swindon Humanitarian Aid Partnership, which provides vehicles to Ukraine that can be used as field hospitals and rest areas for troops or for transporting supplies. The buses, which still have their Luton Airport livery intact, will be fitted with shower and toilet facilities. One of the buses is likely to be used as a mobile exhibition in Ukraine showing the devastation brought about by the Russian onslaught, Go-Ahead said. A spokesperson for the company said: “These vehicles have done years of duty shuttling holidaymakers and suitcases. They’re now retired from airport duty and we’re glad they can be put to good use – as a small contribution to Ukraine’s war effort.” Last month, Sheffield-based bus firm First donated two buses to Ukraine, loaded with medical aid. Mercy mission organiser Craig George, of Ukraine UK Aid Volunteer Group, said they would be used by volunteer medics in freshly targeted areas. Read More ‘Our own front line’: Ukrainian surgeons see wave of wounded soldiers since counteroffensive began Ukraine’s defence minister submits resignation to Zelensky after biggest shake-up since invasion Ukraine war troop deaths and wounded nearing 500,000, say US officials

Russian forces have been pushed back in the south of Ukraine as Moscow has launched a kamikaze drone attack. On Monday, Ukraine reported that its troops had regained more territory on the eastern front in Bakhmut, making further advances in the south of the country. Deputy Defence Minister Hanna Maliar also reported “success” in the direction of the villages Novodanylivka and Novoprokopivka in the southern region of Zaporizhzhia, but did not add any details. Ukraine has now recaptured approximately 47 square km of territory since it launched its long-awaited counteroffensive in June, Ms Maliar added. Meanwhile, on Monday, Ukraine’s defence ministry said Russian kamikaze drones had exploded on Romanian territory during Moscow’s strike on Odesa. But Romania’s Ministry of National Defence said in a statement: “The Ministry of National Defence firmly denies the information circulating in the public space with regard to a so-called situation occurred during the night of 3-4 September, when Russian drones would have fallen on Romania’s national territory. “The Ministry of National Defence reiterates the fact that these attacks targeting the Ukrainian sites and civilian infrastructure are unjustified and break all international humanitarian rules.” Read More President Zelensky nominates Rustem Umerov as Ukraine’s new defence minister Russian cyber-attacks ‘relentless’ as threat of WW3 grows, expert warns Ukraine ‘targets critical bridge’ built by Putin as counteroffensive ‘breaks through on southern front’

Holidaymakers in Benidorm have been warned of fish attacks as more than 15 people a day are seeking first aid after being attacked by “piranha-style” fish. Obladas fish are reportedly attacking holidaymakers, Spanish newspaper Informacion.es reported. The fish are said to be attracted by moles, warts or small wounds on the skin - especially on older people, and can draw blood and leave teeth wounds on their victims’ arms, legs and backs. In recent days there have been several cases on Poniente beach in Benidorm, according to Informacion.es. Very warm weather has raised the temperature of the sea and has increased the metabolism of the fish, increasing their appetite, according to experts. The sea temperature is currently between 29 and 30 degrees, according to the Climatology Laboratory of the University of Alicante. The phenomenon was first reported to the Alicante rescue and first aid service in mid-August 2017. A spokesman from Spain’s Department of Marine Species said: “This is a fish used to being fed. There may be a high population density and they do not run away from people, hence they peck at wounds.” Swimmers are also being advised not to go in the sea with jewellery that shines because this can lead to attacks from species such as pomfrets, golfer fish or bluefish. Obladas are a small grey fish with a black spot on their tail fin and can reach about 30cm in length. Read More Whale hunting returns to Iceland despite hopes ban would last forever Shark attacks swimmer in shallows of popular Spanish holiday beach Fisherman airlifted to hospital after shark bite off coast of Portugal Pregnant woman in Greece for anniversary among thousands now left stranded abroad ‘It will take a long time’ for flights to return to normal, says Nats chief Aerial footage captures partially collapsed bridge after torrential downpour in Spain

A European Union law will require portable devices to have a common charger by 2024.

German Chancellor Olaf Scholz on Monday tweeted a pirate-style picture of himself with a black eye patch and dark-red bruises on the right side of his face — the result of a jogging accident on the weekend. “Am excited to see the memes," the chancellor wrote in the caption. To deflect any possible worries about his health, on the photo, which appears to have been taken at the chancellery, Scholz smiled slightly and also wrote: “Thanks for the well wishes, it looks worse than it is!” Scholz fell while jogging on Saturday and sustained bruises to his face, prompting him to cancel some appointments this weekend, the government said. His spokesperson told reporters in Berlin later on Monday that the chancellor was doing well considering the circumstances. “He was in quite a good mood this morning, but still looks a bit battered,” Steffen Hebestreit said adding that the photo was published “so that everyone can get used to how he will look in the next week or two.” On Sunday, the 65-year-old German leader canceled appointments in the central Hesse region, where a state election is being held on Oct. 8. However, he was expected to attend public appearances later on Monday in Berlin. Local media reported that Scholz fell while running in his hometown of Potsdam which is located 28 kilometers (17 miles) southwest of the German capital. Scholz has led Germany since December 2021. He previously served as the country’s finance and labor minister, and as mayor of Hamburg. In a profile on his party’s website, Scholz says that he hated sports when he was at school but acquired a taste for it from his wife, Britta Ernst. “Today I jog as often as I can,” he says. Scholz says he tries to find time for jogging, rowing or walking two or three times a week and also enjoys cycling. Read More Bavaria's governor leaves his deputy in office despite a furor over antisemitism allegations German Chancellor Olaf Scholz falls while jogging and bruises his face Scholz dismisses talk of keeping nuclear energy option open in Germany

MUNICH Chinese electric vehicle maker Xpeng plans to expand into more European markets, including Germany, Britain and France

German Chancellor Olaf Scholz on Monday tweeted a pirate-style picture of himself with a black eye patch and dark-red bruises on the right side of his face — the result of a jogging accident on the weekend. “Am excited to see the memes," the chancellor wrote in the caption. To deflect any possible worries about his health, on the photo, which appears to have been taken at the chancellery, Scholz smiled slightly and also wrote: “Thanks for the well wishes, it looks worse than it is!” Scholz fell while jogging on Saturday and sustained bruises to his face, prompting him to cancel some appointments this weekend, the government said. His spokesperson told reporters in Berlin later on Monday that the chancellor was doing well considering the circumstances. “He was in quite a good mood this morning, but still looks a bit battered,” Steffen Hebestreit said adding that the photo was published “so that everyone can get used to how he will look in the next week or two.” On Sunday, the 65-year-old German leader canceled appointments in the central Hesse region, where a state election is being held on Oct. 8. However, he was expected to attend public appearances later on Monday in Berlin. Local media reported that Scholz fell while running in his hometown of Potsdam which is located 28 kilometers (17 miles) southwest of the German capital. Scholz has led Germany since December 2021. He previously served as the country’s finance and labor minister, and as mayor of Hamburg. In a profile on his party’s website, Scholz says that he hated sports when he was at school but acquired a taste for it from his wife, Britta Ernst. “Today I jog as often as I can,” he says. Scholz says he tries to find time for jogging, rowing or walking two or three times a week and also enjoys cycling. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide

Ukraine’s outgoing defence minister Oleksii Reznikov has turned in his resignation and said he was honoured to have served the war-hit country in its toughest modern-day history. From appearing next to president Volodymyr Zelensky in a viral video shot in Kyiv just hours into the Ukraine invasion last year to carrying out deals for military aid with dozens of Western allies, the lawyer-turned-politician had played a critical role in aiding the country against Russia’s continuing full-scale invasion. On Sunday, Mr Zelensky announced Mr Reznikov’s removal as he believed “the ministry needs new approaches and other formats of interaction with both the military and society as a whole”. “I have submitted my letter of resignation to Ruslan Stefanchuk @r_stefanchuk, Chairman of the Parliament of Ukraine @verkhovna_rada. It was an honour to serve the Ukrainian people and work for the #UAarmy for the last 22 months, the toughest period of Ukraine’s modern history,” Mr Reznikov said in a post on X, formerly Twitter, on Monday. “Over 50 per cent of the temporarily occupied territories by Russia have already been liberated. Every day our defenders are moving forward,” the 57-year-old leader, tipped to possibly be Ukraine’s next ambassador to the UK, said in his resignation letter. “There is an understanding that Ukraine is a shield of Europe in the east,” he said, adding that one of his biggest priorities for Kyiv was long-term partnerships with allies and finalising “real security guarantees”. Mr Reznikov also shared on X a photo of himself smiling and holding his resignation letter. He cited the provision of modern tanks, air defence anti-missile systems, long-range missiles, armoured vehicles, artillery, the Multiple Launch Rocket System among other types of modern-style weapons procured during his ministership, and lauded the besieged country’s fierce wartime resistance against Russian forces. The minister’s tenure saw heavy lobbying efforts to secure vital military aid from the West. In recent months, however, Mr Zelensky pushed for greater reforms to tackle corruption in the country. The defence ministry, under Mr Reznikov’s handling, faced graft allegations of buying food at inflated prices. The allegations, that had emerged in January this year, sparked speculation of Mr Reznikov’s tenure being cut short. He has described the charges against him and his ministry as a smear attack. While Mr Reznikov is not alleged to have signed a December contract worth some 13bn hryvnias (£290m), he is viewed as ultimately responsible for the department and previously emphasised his own zero-tolerance approach to corruption. Mr Reznikov, who was appointed defence chief in November 2021, told reporters in February that his department had begun an internal audit of all procurement contracts and said his ministry’s anti-corruption department needed to be overhauled and had failed to perform its role properly. Mr Zelensky has proposed the name of Crimean Tatar Rustem Umerov, currently the head of Ukraine’s main privatisation agency, as a replacement candidate as defence minister, subject to the parliament’s approval. Read More Ukraine-Russia war – live: Zelensky sacks defence minister as Putin strikes Kyiv grain exporting port President Zelensky nominates Rustem Umerov as Ukraine’s new defence minister Ukraine replaces its defence minister Upward of 20,000 Ukrainian amputees face trauma on a scale unseen since WWI Russia attacks a Ukrainian port before key grain deal talks between Putin and Turkey's president

Provides an overview of Portugal, including key events and facts about this European country

PARIS The European Space Agency said it plans to set a target period for the first launch of