European Commissioner: Azerbaijan plays vital role in EU’s energy supplies

[ad_1] European Commissioner for Neighborhood and Enlargement Oliver Varhelyi on Thursday told reporters that during the visit to Baku, his delegation discussed the partnership with Azerbaijan in the energy sector, Report informs. Varhelyi noted that Azerbaijan plays a vital role in the European Union’s energy supply and diversification of the supplies. He stressed that the… Continue reading European Commissioner: Azerbaijan plays vital role in EU’s energy supplies

European commissioner: EU ready to help rebuilding Karabakh region

[ad_1] The EU is ready to provide support to overcome the aftermath of the Karabakh conflict and help rebuild the region, European Commissioner for Neighbourhood and Enlargement Oliver Varhelyi told reporters speaking about the results of his Baku visit, Report informs. “We discussed Nagorno-Karabakh post-conflict plans and ideas, we have offered our support as the… Continue reading European commissioner: EU ready to help rebuilding Karabakh region

European Commission improves forecast for GDP growth in euro area for 2021

[ad_1] The European Commission (EC), in its summer economic forecast, has improved the estimate for the growth of GDP in the euro area for the current year to 4.8 percent from 4.3 percent, which were expected in the previous spring forecast, Report informs referring to Prime agency. “Currently, GDP growth is projected at 4.8 percent… Continue reading European Commission improves forecast for GDP growth in euro area for 2021

European Commission extends duties on steel imports for 3 more years

[ad_1] The European Commission (EC) has extended the protective duties on imported steel products into the region for another three years, until June 30, 2024, Report informs with reference to the EC. Protective measures in the form of a 25% duty, applied after exceeding the established tariff quotas, were introduced in 2019 for three years… Continue reading European Commission extends duties on steel imports for 3 more years