Development risks remain as economic activity, incomes likely to stay low for extended period
Despite Britain sealing a post-Brexit deal with the European Union, one that will allow for tariff-free trade in goods, some British firms are considering fully or partially relocating their businesses to mainland Europe, saying they fear for their prospects if they don’t.
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Serbian President Aleksandar Vucic has presided over the ceremonial opening of the Serbian section of the Russia-led Balkan Stream natural-gas pipeline.
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The European Bank for Reconstruction and Development (EBRD) is providing a €10 million loan to Intesa Sanpaolo Banka in Bosnia and Herzegovina for on-lending to small and medium-sized enterprises (SMEs) for investments in competitiveness and measures to overcome the economic downturn following the coronavirus pandemic.
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According to recent data from global index provider FTSE Russell, US Treasuries have become expensive compared to other major sovereign bond markets over the last four years, as measured by US yield spreads versus the FTSE World Government Bond Index excluding the US (WGBI ex. US).
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Provisional implementation is to remain a unique exception, said EP leaders. Parliamentary oversight will start soon to adopt the EP position before the end of the provisional application.
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The European Union agreement with Britain on how to handle affairs post-Brexit has been widely celebrated, yet another of the bloc’s tentative deals – that of a comprehensive investment agreement with China – is creating new headaches for European leaders.
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The Kremlin has said it does not rule out delays to the completion of the Nord Stream 2 pipeline in light of the threat of new U.S. sanctions.
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Statement by the President of the European Parliament David Sassoli and the Head of Parliament's UK Coordination Group David McAllister on the agreement reached on future EU-UK relations.
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