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EU will not transfer $5.4 billion in profits from frozen Russian assets to Ukraine - Vimarsana News

EU will not transfer $5.4 billion in profits from frozen Russian assets to Ukraine

The European Union has decided not to transfer EUR 5 billion ($5.4 billion) in investment profits from frozen Russian assets, Politico reported on March 27.

Source: yahoo.com
Chinese company drops bid for Bulgarian train contract after EU probe - Vimarsana News

Chinese company drops bid for Bulgarian train contract after EU probe

A Chinese company has dropped a bid, subject to a European Commission investigation, for a public contract for electric trains in Bulgaria, the EU executive arm announced on Tusday. The European Union's market "is open for firms that are truly competitive and play fair," EU Internal Market Commissioner Thierry Breton said in a statement in praise of the outcome. The commission announced an investigation in February into a bid from CRRC Qingdao Sifang Locomotive Co. Ltd, a Chinese company, for a

Source: yahoo.com
UK and EU to share intelligence on gangs trafficking migrants in new deal - Vimarsana News

UK and EU to share intelligence on gangs trafficking migrants in new deal

Britain will gain access to the EU's intelligence on criminal gangs involved in human trafficking as part of a deal with the bloc's border protection agency, Frontex, in another sign of closer cooperation between the two sides after Brexit. The deal between Britain and the European Union will allow both sides to more easily exchange information and tactics, train officials and collaborate on new technologies to prevent illegal migration, the British government said. "Organised immigration crime and people smuggling are global challenges that require shared solutions and ambiti...

Source: yahoo.com
EU adopts 13th package of Russia sanctions - Vimarsana News

EU adopts 13th package of Russia sanctions

The package targets an additional 106 individuals and 88 entities involved in Russia’s aggression against Ukraine. The list includes includes companies from India, Sri Lanka, China, Serbia, Kazakhstan, Thailand, and Turkey.

Source: yahoo.com
Germany backs further EU sanctions on Russia over Navalny's death - Vimarsana News

Germany backs further EU sanctions on Russia over Navalny's death

Germany and other European Union countries are proposing further sanctions against Russia following the death of Kremlin critic and opposition politician Alexi Navalny in a Russian prison camp. German Foreign Minister Annalena Baerbock said an EU instrument allowing sanctions for serious human rights violations will be used to punish Russia for Navalny's death. She spoke on Monday just ahead of a meeting of EU foreign ministers in Brussels. The sanctions instrument, the EU Global Human Rights Sa

Source: yahoo.com