In the Eurozone: Annual Inflation Slips to 2.6%
In February 2024, the euro area witnessed a decline in its annual inflation rate, dropping to 2.6% from January's 2.8%
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Russia has concentrated more than 150,000 troops on Ukraine’s border and in annexed Crimea, the EU’s top diplomat Josep Borrell said on Monday after EU foreign ministers were briefed by Ukraine’s foreign minister.
“It is more than 150,000 Russian troops massing on the Ukrainian borders and in Crimea. The risk of further escalation is evident,” Borrell said, declining to give a source for the figure.
He said no new economic sanctions or expulsions of Russian diplomats were planned for the time being, despite saying that the military build-up on Ukraine’s borders was the largest ever.
In Washington, the Pentagon said the Russian military build-up was larger than that in 2014 and it was not clear that it was for training purposes.
The White House Press Secretary emphasized that the US had watched the increasing aggression of Russian forces on Ukraine’s border “over the course of the weekend.
The United States also expressed its “deep concern” over Russia’s plans to block foreign naval ships and other vessels in parts of the Black Sea, State Department spokesman Ned Price said in a statement.
“This represents yet another unprovoked escalation in Moscow’s ongoing campaign to undermine and destabilise Ukraine,” Price said.
Russia has temporarily restricted the movement of foreign warships and what it called “other state ships” near Crimea.
Ukrainian Foreign Minister Dmytro Kuleba, after addressing EU foreign ministers, called on the EU to impose new sanctions on Russia.
Tensions between Moscow and Kyiv have been rising amid the military build-up and clashes in eastern Ukraine between the army and pro-Russian separatists.
The U.S. Federal Aviation Administration on Monday urged airlines to exercise “extreme caution” when flying near the Ukraine-Russian border, citing potential flight safety risks./euractiv
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In February 2024, the euro area witnessed a decline in its annual inflation rate, dropping to 2.6% from January's 2.8%
Amid the ongoing war between Russia and Ukraine, the Kremlin has put forward the idea of establishing a "buffer zone" on Ukrainian-controlled territory, a move aimed at safeguarding Russian regions from potential attacks
Cerstin Gammelin, spokeswoman for the German president, conveyed that Frank-Walter Steinmeier will abstain from extending congratulations to Russian President Vladimir Putin for his victory in the perceived fraudulent elections
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