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Europe

  • U.S. Indictment of Turkish Ex-Minister Raises Political Heat

    U.S. Indictment of Turkish Ex-Minister Raises Political Heat

    Turkey’s president criticized the U.S. indictment of a former Turkish minister for allegedly conspiring to evade U.S. sanctions on Iran, highlighting the wide reverberations of a years-old case that began as a domestic graft scandal.

  • U.K. Hunts the Holy Grail of Frictionless Trade

    The big economic question for the U.K.’s Brexit negotiators, Stephen Fidler writes, is how free British companies will be to sell goods and services inside the EU after Brexit without confronting new bureaucratic hurdles?

    U.K. Hunts the Holy Grail of Frictionless Trade
  • Spanish Court Suspends Catalonia’s Vote on Independence

    Spain’s constitutional court on Thursday moved to block Catalonia from holding a referendum on separating from Spain, prompting vows from regional officials to push ahead with the vote in defiance of the ruling.

    Spanish Court Suspends Catalonia’s Vote on Independence
  • ECB Weighs Ending Stimulus as Fed Calibrates Its Easy Money Stance

    The European Central Bank is likely to announce plans next month for phasing out the bond-buying program that has helped reinvigorate the eurozone economy, while the U.S. Federal Reserve is weighing how aggressively to retreat from its own easy money policies.

    ECB Weighs Ending Stimulus as Fed Calibrates Its Easy Money Stance
  • Theresa May Faces Big Brexit Test in Parliament

    British Prime Minister Theresa May faced her first major parliamentary hurdle on Brexit since the start of negotiations with the European Union. Lawmakers debated whether a bill to transpose EU laws on to the U.K. statute book hands too much power to the executive.

    Theresa May Faces Big Brexit Test in Parliament
  • Eurozone Economy Stronger Than Estimated

    The eurozone economy grew more quickly over the 12 months through June than previously estimated, according to figures released Thursday as policy makers at the European Central Bank met to decide what to do with their program of bond purchases.

    Eurozone Economy Stronger Than Estimated
  • Sweden’s Riksbank Sits Tight as Currency Strengthens

    Sweden’s central bank signaled that a small interest rate increase is still many months off--highlighting the caution of Europe’s central banks as they try to balance the effects of a strengthening currency and an improving economy.

    Sweden’s Riksbank Sits Tight as Currency Strengthens
  • The ‘Norway Option’ Won’t Help the U.K. Avoid Brexit Risks

    The idea that the U.K. should join the European Economic Area as a way to avert Brexit cliff edges is persistent, but it won’t work.

    The ‘Norway Option’ Won’t Help the U.K. Avoid Brexit Risks
  • Spain Moves to Block Catalonia Referendum on Independence

    The Spanish government asked a top court to block the Catalan regional government’s bid to hold a referendum on independence, the latest clash in what has become Spain’s most pressing political issue.

    Spain Moves to Block Catalonia Referendum on Independence
  • ECB Expected to Signal Stimulus Phase-Out

    The European Central Bank is walking a tightrope as it prepares for its most momentous decision in years: How to wind down its giant bond-buying program without derailing the eurozone’s economic recovery.

    ECB Expected to Signal Stimulus Phase-Out
  • Germany’s Turks Face Vote Quandary

    Germany’s rapidly worsening relations with Turkey could scramble long-established voting patterns among the roughly one million German voters of Turkish origin, throwing a wild card into this month’s election.

    Germany’s Turks Face Vote Quandary
  • Tensions Grow as EU Rules Hungary Must Take Migrants

    The EU’s top court ruled that Central European states have no legal grounds to reject a refugee relocation program, backing the bloc on a policy that has roiled politics across the region since a major influx of people two years ago.

    Tensions Grow as EU Rules Hungary Must Take Migrants
  • EU Finance Chief Bullish on Growth but Says Cohesion Remains Elusive

    The European Union’s economic growth will beat expectations this year, leaving behind a decade of financial crises and creating the new challenge of tackling long-delayed reforms, EU economy chief Pierre Moscovici said.

    EU Finance Chief Bullish on Growth but Says Cohesion Remains Elusive
  • Merkel Dials Down Tone on Ending Turkey’s EU Membership Bid

    German Chancellor Angela Merkel said European Union leaders should decide whether to suspend or end membership talks with Turkey at its summit next month, backtracking from her call to end accession talks.

    Merkel Dials Down Tone on Ending Turkey’s EU Membership Bid
  • As Confederate Statues Fall, Russians Remember Their Own Controversial Figures

    Under President Vladimir Putin, enormous monuments to Russia’s often painful history have been rising again. Kirov leaders are unveiling a statue of the KGB’s founder, who oversaw the execution of hundreds of thousands.

    As Confederate Statues Fall, Russians Remember Their Own Controversial Figures
  • In Unusual Debate, Merkel and Schulz Find Common Ground

    The main televised debate between Angela Merkel and Martin Schulz highlighted something that makes Germany unusual among large democracies: on many of today’s most polarizing issues, its two leading parties are in agreement.

    In Unusual Debate, Merkel and Schulz Find Common Ground
  • German Police Successfully Defuse World War II Bomb

    German police gave the all-clear after disarming a World War II era “blockbuster” bomb in Frankfurt that sparked the evacuation of over 60,000 residents.

    German Police Successfully Defuse World War II Bomb
  • Free-Trade Deals: Britain’s True Brexit Red Line

    As the U.K.’s demands in negotiations to leave the European Union are watered down, one appears rigid: London’s insistence on being able to strike free-trade agreements with third countries.

    Free-Trade Deals: Britain’s True Brexit Red Line
  • For the ECB, There’s Only So Much Time to Play For

    The European Central Bank has emphasized persistence and patience on its monetary policy. But with the path of its bond-purchase program set only until the end of December, the pressure to lay out 2018 plans is building.

    For the ECB, There’s Only So Much Time to Play For
  • Frigid, Industrial Siberia: Primed for the Digital Era

    As President Vladimir Putin pushes Russia into the digital age, energy-and-aluminum giant En+ Group’s is harnessing the cold temperatures and powerful rivers of Siberia to leap into the data-storage market.

    Frigid, Industrial Siberia: Primed for the Digital Era