The European Commission has set up a €315 billion European Fund for Strategic Investments, in which it hopes will revive growth and boost employment across Europe. According to European Commission estimates, taken as a whole, the proposed measures could add €330 – €410 billion to EU GDP and create up to 1.3 million new jobs … Continue reading
China investment is pouring into Europe and that’s why it needs a strong euro and the Old Continent united as the latest Greek financial crisis may undermine its credibility. Chinese companies are buying European assets like crazy. It looks like Europe is a very popular destination for China’s large caps. This shift reflects a new trend … Continue reading
Originally posted on Global News:
BRUSSELS – European Union leaders have agreed to relocate 40,000 migrants from Italy and Greece to other EU countries over the next two years, in an effort to share the burden of a growing migrant crisis. WATCH: Canadian doctor taking part in mission to rescue migrants EU President Donald Tusk said…
Earlier this year on March 1, EMerging Equity reported in details that India proposed creating a free trade zone with the Eurasian Economic Union (EEU). We are three months later in June and the EEU and India have started negotiations over the free trade zone agreement and signed a framework agreement at the International Economic Forum in St. … Continue reading
Are they expecting something to happen? As you will read about below, the European Union says that any nation within the EU that does not enact “bail-in” legislation within the next two months will face legal action. The countries that are being threatened in this manner include Italy and France. If you fast forward two … Continue reading
India has proposed creating a free trade zone with the Eurasian Economic Union (EEU*). “The question was raised by India, which is now considering a free trade agreement with the Eurasian Economic Union. This is a new level in our relationship. The possibility is being discussed,” Alexey Pushkov, head of the International Committee of Russian State Duma … Continue reading
A cargo train has just completed its maiden round trip journey of 16,156 miles on the world’s longest railway line that connects China to Spain and hopes are high that the new rail link will boost trade, according to an article on The Independent. The new Yixin’ou rail line spans from China and runs through Kazakhstan, Belarus, … Continue reading
The European Commission is reportedly looking to create a single energy market which is based on cross-border connections to improve security of supply and to cut its dependence on Russia, which supplies around one third of the European Union’s (EU) energy, Reuters reports, citing a drafted document on the matter. According to Reuters, the EU is considering “reframing” its energy relations … Continue reading
At the end of 2014, the Bank for International Settlements (BIS) in Basel published the most recent data outlining the position of foreign banks in Russia and Russian banks abroad, and shedding light on the possible losses for the parties involved (the banking systems) should the banks be drawn further into the war. By Valentin … Continue reading
By Mark Mobius Greece’s ongoing debate about the best way forward has now played out at the ballot box, although many uncertainties remain. On January 25, Syriza, an extreme left-wing party led by Alexis Tsipras, won the biggest share of the vote in Greece’s elections, and it now has 149 seats in parliament, leaving it … Continue reading