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Lese-Ansicht

EU Should Lead Peace Talks with Russia, Bulgarian Premier Says

The European Union should take the lead in talks with Russia to end its full-scale invasion of Ukraine, Bulgaria’s newly-appointed prime minister said, as member states discuss whether to directly engage with the Kremlin.

A woman passes heavily damaged buildings following Russian strikes in Kyiv, on May 24.
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US May Ask Bulgaria to Extend Air Logistics Help, Radev Says

The US is likely to ask Bulgaria to extend the stay of its tanker aircraft that have been based in Sofia since shortly before it started strikes on Iran, Prime Minister Rumen Radev said.

Two US Air Force Boeing KC-135 Stratotankers at Sofia's Vasil Levski Airport in February. Photographer: Nikolay Doychinov/AFP/Getty Images
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ECB’s Rehn Says Data Show First Sign of Stagflationary Shock

European Central Bank Governing Council member Olli Rehn warned that data are starting point to stagflation as a result of the Iran war and rising energy prices.

Olli Rehn, governor of the Bank of Finland, during an event at the Peterson Institute of Economics (PIIE) during the annual meetings of the International Monetary Fund (IMF) and World Bank in Washington, DC, US, on Tuesday, Oct. 22, 2024. Rehn reiterated the ECB's stance that the speed and scope of rate cuts will depend on "the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission."
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