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ANKARA (Reuters) – Turkey’s President Tayyip Erdogan said on Monday that Turkey expects Kyiv and Moscow to keep to their responsibilities under a deal they signed regarding the export of Ukrainian grains. Russia, Ukraine, the United Nations and Turkey signed a deal on Friday aimed at allowing safe passage for ships going in and out …

Turkey expects all sides to keep responsibilities in Ukraine grain deal, Erdogan says Read More »

PRAGUE (Reuters) -Czech Finance Minister Zbynek Stanjura has proposed lifting the 2022 budget deficit target to 326.9 billion crowns ($13.59 billion), from an approved plan of 280 billion crowns, Czech Television reported on Monday, citing an internal document. The Finance Ministry has sought to raise this year’s deficit plans as it sees higher spending to …

Czech finance minister proposes raising 2022 budget deficit to $13.6 billion -Czech TV Read More »

By Markus Wacket and Matthias Inverardi BERLIN (Reuters) – High coal prices, supply bottlenecks and aged plants are posing a challenge to Germany’s plan to increase electricity production from hard coal-fired power plants to compensate for declining gas deliveries, according to operators and industry experts. Earlier this month, Germany agreed to allow the reactivation of …

Back to black? Germany’s coal power plan hits hurdles Read More »

FRANKFURT (Reuters) – Siemens Energy said on Monday a turbine that Moscow says is limiting capacity on the Nord Stream 1 gas pipeline was ready to be delivered, but Russia’s Gazprom needed to provide customs documents for the transfer to go ahead. “The transportation of the turbine could start immediately. The German authorities provided Siemens …

Siemens Energy says Gazprom forms needed to deliver Nord Stream 1 turbine Read More »

By Sachin Ravikumar LONDON (Reuters) – Britain’s state-run National Health Service (NHS) is facing its worst ever staffing crisis with thousands of vacancies and the government has no credible strategy to address the problem, a committee of lawmakers said in a report published on Monday. Tackling a health service staggering under the combined pressure of …

Britain’s health service facing worst staffing crisis, say lawmakers Read More »

ZURICH AND LONDON (Reuters) -Data feed from Switzerland’s stock exchange resumed on Refinitiv Eikon on Monday after a brief service outage. The financial information provider had previously confimed the data had not been updating and that it was investigating the cause of the incident, which affected customers globally. (Reporting by Michael Shields and Joice Alves, …

Swiss stock exchange data feed resumes on Refinitiv Eikon Read More »

FRANKFURT (Reuters) – Italy is paying too high a premium to borrow on the bond market due to uncertainty over its economic policy, European Central Bank policymaker Ignazio Visco said on Monday, days after the Italian government collapsed triggering fresh elections. “I still think that the current spread with respect to German Bunds is somehow …

Italy pays too much to borrow due to policy risk, ECB’s Visco says Read More »