EU Extends Sanctions On Russia Until 2016

European Union foreign ministers on Monday extended economic sanctions against Russia until January 31, 2016. Permanent envoys from the European Union agreed to extend the sanctions against Russia during a meeting on June 17 and forwarded their decision to EU foreign ministers for their approval. The EU foreign ministers approved the extension in Luxembourg during an EU Council meeting. Since 2014, the European Union, as well as its allies, imposed several rounds of sanctions against Ru...
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Russia Invites Greece to Join BRICS

As if the discussions in Brussels and Athens were not mired in enough uncertainty, Bloomberg reports that a Greek official confirms: *STORCHAK ASKED TSIPRAS FOR GREECE TO JOIN BRICS BANK: OFFICIAL The pivot appears to continue. Reportedly, Tsipras was pleasntly surprised by the proposal. As Bloomberg reports, Russian Deputy Finance Minister Sergei Storchak spoke with Greek PM Alexis Tsipras today, proposed that Greece become 6th member of New Development Bank set up by Brazil, Russia,...
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European States Expand Military Cooperation

The declaration was signed by heads of the defense ministries of NATO members Norway and Denmark, as well as those of Sweden and Finland, along with the foreign ministry of Iceland, Aftenposten said on Thursday. The ministers said in a joint declaration, quoted by the newspaper, that "Russian aggression against Ukraine" presents "the biggest challenge" to European security, particularly that of the Nordic countries. According to Aftenposten, the five European countries will most likely exp...
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