Russia Calm after Bulgaria Quits BA Pipeline, Will Seek Damages - Press: The Russian press has widely commented Thursday the Bulgarian government's decision to quit the joint Russian-Bulgarian-Greek Burgas-Alexandroupolis oil pipeline.
Bulgaria has been postponing its decision whether to continue the pipeline project for too long, and Russian company Transneft had the time to brace for such a scenario, writes Vzlyad.
The paper, joined by Kommersant, also says that Russia has other options, such as pressing the Samsun-Ceyhan pipeline that is to travel from the Black Sea to the Mediterranean via the territory of Turkey.
Juncker Advises Cameron Not to Stand in EU's Way: Eurozone president Jean-Claude Juncker has said he hopes that Britain will take a constructive stand at the European Council Thursday and Friday, which hopes to achieve key financial agreements to overcome the debt crisis.British PM David Cameron has said he will block any decisions that encroach on the sovereignty of Britain regarding its budgeting power, and any decisions that restrict the financial sector.Monday French President Nicolas Sarkozy and German Chancellor Angela Merkel agreed on a number of measures set to be enshrined in EU Treaties or as additional treaties, which include automatic penalties for failure to keep up with fiscal discipline rules.Putin accuses Clinton of encouraging protesters: Prime Minister Vladimir Putin has accused U.S. Secretary of State Hillary Rodham Clinton of encouraging and supporting the protesters in Rus ...
Today the EU summit begins: Today will see interest-rate announcements from the ECB and the Bank of England. We expect that the...
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All Eyes On Europe: EUR looks range bound ahead of key events
including the European Central Bank (ECB) meeting,...
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