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Russia offers to host EU, Ukraine gas talks on April 28

Russia on Wednesday proposed to host three-way talks on its gas supplies to Europe in Moscow on April 28 with the European Union and Ukraine. Russia made the offer to EU energy commissioner Guenther Oettinger, the Interfax news agency reported, citing a spokesman for Russia's energy ministry. "But we are ready to discuss proposals from our partners on the place and time of the meeting," the spokesman added.

EU calls for speedy implementation of Ukraine accord

The storms flooded half of Acapulco, including the airport terminal, while landslides blocked the only roads linking the city to the capital. Thousands of angry, stranded tourists held a protest, demanding swifter airlifts.

Polish PM calls for EU energy union to end dependence on Russian gas

By Jan Strupczewski BRUSSELS (Reuters) - The European Union must create an energy union to secure its gas supply because the current dependence on Russian energy makes Europe weak, Poland's Prime Minister Donald Tusk wrote in an article in the Financial Times. Russia, which provides around one third of the EU's oil and gas, sent shockwaves through the international community with its military intervention and annexation of Ukraine's Crimea peninsula in March.

Italy asks EU for more time to meet deficit target

Italy on Thursday asked the European Union to push back a deadline for cutting its public deficit to 2016, days after France reportedly tried and failed to get another extension. Finance Minister Pier Carlo Padoan said record unemployment and weak growth -- exasperated by measures to pay tens of billions of euros of overdue arrears to companies -- were making it difficult to cut Italy's towering debt. "Despite the positive signs, the economic recovery is still fragile and the situation in the job market is still difficult," he told parliament.

EU agrees to Putin's call for gas security talks

By Barbara Lewis BRUSSELS (Reuters) - The European Union told Russian President Vladimir Putin it is willing to hold talks with Moscow and Kiev on gas security as the bloc scrambles to defuse a deep political crisis over Russia's annexation of Crimea. European Commission President Jose Manuel Barroso, replying to a letter Putin sent last week to 18 EU countries, accepted Putin's proposal for three-way talks.

EU warns Russia of using gas supplies to Ukraine for political ends, urges stable supplies

BRUSSELS - The European Union is warning Russia that interfering with gas deliveries to Ukraine to apply political pressure would backfire by damaging its reputation as a reliable supplier for the EU. European Commission President Jose Manuel Barroso said in a letter on behalf of the EU's 28 governments that Russia's "contractual reliability as a supplier of gas is at stake in this matter."

EU agrees to talks with Russia on Ukraine gas supply

The European Union said it had agreed Thursday to hold talks with Russia on its gas supplies to Europe through Ukraine, warning Moscow its reliability as an energy source was at stake. The EU "agrees on your proposal for consultations with the Russian Federation and Ukraine with regard to security of gas supply and transit," European Commission head Jose Manuel Barroso said in reply to an April 10 letter from President Vladimir Putin.

EU to host industry talks ahead of setting 2030 climate goals

LONDON (Reuters) - The European Commission will hold three meetings this summer on how to ensure the bloc's industries can compete in global markets while meeting goals to cut greenhouse gas emissions, it said on Wednesday. The meetings aim to gather views on rules determining if companies can continue to receive free carbon permits under the EU Emissions Trading System (ETS) beyond 2020, when current measures expire.

EU to host industry talks ahead of setting 2030 climate goals

LONDON (Reuters) - The European Commission will hold three meetings this summer on how to ensure the bloc's industries can compete in global markets while meeting goals to cut greenhouse gas emissions, it said on Wednesday. The meetings aim to gather views on rules determining if companies can continue to receive free carbon permits under the EU Emissions Trading System (ETS) beyond 2020, when current measures expire.

EU regulators to probe extra state aid given to two Latvian banks

BRUSSELS (Reuters) - European Union regulators opened on Wednesday an investigation into state aid granted to Latvian Banks AS Parex banka and Citadele banka, saying the measure may have violated EU state aid rules. The European Commission, tasked with ensuring a level playing field in the 28-country bloc, said Latvian authorities may also have failed to carry out the banks' restructuring in line with their pledge to the EU watchdog.
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