Close
Log in
Please enter your login details

Skip to main content

Breaking News
  • Turkish PM Davutoglu says Turkey will keep its doors open to refugees as it has done so far
  • EU’s Juncker proposes taking extra 120,000 refugees (European source)
  • Around ten dead and 100 wounded in twin bomb blasts in Cameroon town previously attacked by Boko Haram
  • Turkey detains four suspected Syrian smugglers in connection with the capsizing of a boat on Wednesday, which resulted in five children drowning.
  • More than 100 migrants arrested after arriving in Libya’s port city of Tripoli
  • Two Vice News journalists arrested earlier this week in Turkey on charges of having links to a terrorist organisation have been released
  • Hungary: police stops local trains near Sopron at the Austrian border telling refugees to get off. Clashes between Hungarian police and refugees.
Facebook Twitter Google+ Reddit

EU finance ministers met in Brussels on Tuesday amid French concern over the strength of the euro.
 
Paris says the value of the single currency should not be left to the markets.
 
Officials are also continuing work on a planned banking union.
 
French Finance Minister Pierre Moscovici said they would plough on with proposals for a Europe-wide deposit guarantee scheme.
 
He said he had “raised the possibility of directly injecting cash from the ESM” (the eurozone’s permanent bailout fund) into sick banks.
 
France worries that an overly strong euro will blunt the eurozone’s competitiveness, crippling exports and growth.
 
The question is whether the European Central Bank would be prepared to make such a drastic intervention amid German fears that would compromise its independence.
 
Euronews’ Efi Koutsokosta said the EU would aim to strike a series of common positions ahead of a G20 meeting in Moscow.
 
Finance ministers and central bank governors will meet in the Russian capital from Friday with a so-called currency war at the top of their agenda, she said.
 
 
 
 
 
 
 

More about: