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Declaration by the High Representative on behalf of European Union on the announcement of a normalisation of relations between Israel and the UAE. -...

Germany said Monday it was prepared to back an expansion of European Union sanctions against leading figures in Belarus over its bloody crackdown on demonstrators.

After EU ministers agreed Friday to draw up a list of targets in Belarus for a new round of sanctions, German government spokesman Steffen Seibert said even stronger measures should be considered.

"Of course we are looking at the option of expanding the sanctions to other leading figures," he told reporters.

Germany holds the rotating presidency of the EU.

Seibert called the mass demonstrations against this month's disputed presidential election "impressive" and "moving" and urged an immediate end to violent reprisals and the release of "political prisoners".

"These people should know that Europe stands by them," he said.

Seibert urged a "national dialogue" between the government and opposition "to surmount the crisis", adding that the Organisation for Security and Cooperation in Europe (OSCE) could play a role with a "review of the election".

The OSCE has sent observers to Belarus since 2001 but has said it was not invited to monitor the latest presidential election.

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Germany threatens wider European Union sanctions against Belarus - Deccan Herald

Monday, August 17, 2020 8:11 a.m. EDT by Thomson Reuters

NICOSIA (Reuters) - Cyprus on Monday criticised European Union partners over what it said was diffidence amounting to "a policy of appeasement" in dealing with Turkey, locked in a stand-off with Cyprus and Greece over energy exploration in the eastern Mediterranean.

The Cypriot comments came after Greece failed to secure a strong commitment from fellow EU nations for sanctions against Turkey for carrying out offshore natural gas surveys in areas where both countries claim jurisdiction.

Two Turkish survey ships are in two areas of the disputed maritime region - one that Greece says is on its continental shelf, and the other claimed by the island state of Cyprus. In both cases, Turkey says it has jurisdiction.

"Unfortunately we are observing a diffidence from the European Union in taking on a substantive role and adopting policies of deterrence," Cypriot government spokesman Kyriakos Koushios said in remarks to reporters.

He said Nicosia welcomed expressions of support from EU partners but this was not enough. "The policy of appeasement and the messages of support are not enough to discourage Turkey from its illegal actions."

The EU, he said, needed to have a "more intense" presence in the eastern Mediterranean.

Turkey drew another EU rebuke on Sunday when it said its Yavuz energy drill ship would extend operations in disputed Mediterranean waters off Cyprus until mid-September.

Cyprus's internationally-recognised Greek Cypriot government has long been at loggerheads with Turkey. The island was split after a 1974 Turkish invasion spurred by a brief coup engineered by the military then ruling Greece. A breakaway Turkish Cypriot state in north Cyprus is recognised only by Ankara.

Turkey questions Cyprus's right to explore in the seas around the island because it maintains that the Nicosia administration does not represent the interests of Turkish Cypriots - an argument dismissed by Cyprus, which is legally recognised as representing the entire island.

In Turkey's dispute with Greece, the two countries are at odds over the delimitation of their continental shelves.

(Reporting by Michele Kambas; Editing by Mark Heinrich)

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Cyprus: EU 'appeasement' of Turkey in exploration row will go nowhere - Midwest Communication

DUBLIN--(BUSINESS WIRE)--The "European Union: Thermometers Market" report has been added to ResearchAndMarkets.com's offering.

This report presents a strategic analysis of the thermomers market in the European Union and a forecast for its development in the medium term. It provides a comprehensive overview of the market, its dynamics, structure, characteristics, main players, growth and demand drivers, etc.

The purpose of the report is to describe the state of the thermomers market in the European Union, to present actual and retrospective information about the volumes, dynamics, structure and characteristics of production, imports, exports and consumption and to build a forecast for the market in the next five years. In addition, the report presents an elaborate analysis of the main market participants, price fluctuations, growth and demand drivers of the market and all other factors, influencing its development.

This research report has been prepared using the publisher's unique methodology, including a blend of qualitative and quantitative data. The information comes from official sources and insights from market experts (representatives of the main market participants), gathered by semi-structured interviews.

The report on the thermomers market in the European Union covers the following countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom.

The report includes:

This report will allow you to:

Key Topics Covered

1. Introduction

1.1. Report description

1.2. Research methodology

2. Executive summary

3. Characteristics of Thermometers

4. Characteristics and analysis of raw materials base

5. State of the economy of the European Union

5.1. Characteristics of the economy of the European Union in 2014-2018

5.2. Forecast for the development of the economy of the European Union for 2019-2021

6. Overview and analysis of the Thermometers market in the European Union

6.1. Volume, value and dynamics of the Thermometers market in the European Union in 2014-2018

6.2. Structure of the Thermometers market in the European Union in 2014-2018: production, imports, exports, consumption

6.3. Structure of the Thermometers market in the European Union by types of Thermometers

6.4. Structure of the Thermometers market in the European Union by origin

6.5. Structure of the Thermometers market in the European Union by country

6.6. Key recent trends on the Thermometers market in the European Union

6.7. Competitive landscape of the market

6.8. Country opportunity analysis

6.9. Key drivers and restraints for the market development in the medium term

6.10. Forecast for development of the Thermometers market in the European Union for 2019-2024

7. Overview and analysis of the domestic production of Thermometers in the European Union

7.1. Volume, value and dynamics of the domestic production of Thermometers in the European Union in 2014-2018

7.2. Structure of the domestic production of Thermometers by types of Thermometers

7.3. Structure of the EU production of Thermometers by countries

7.4. Characteristics of the main producers of Thermometers in the European Union

8. Characteristics and analysis of the prices of Thermometers in the European Union

8.1. Value chain analysis

8.2. Structure of price formation

8.3. Characteristics of the producer prices of Thermometers in the European Union in 2014-2018

8.4. Characteristics of other prices of Thermometers

9. Foreign trade operations of Thermometers in the European Union

9.1. Foreign trade operations of Thermometers in the European Union in 2014-2018

10. Overview and analysis of the imports of Thermometers to the EU market

10.1. Volume, value and dynamics of the imports of Thermometers to the European Union in 2014-2018

10.2. Major trade inflows of Thermometers imports to the European Union

10.3. Structure of the imports of Thermometers by types of products

10.4. Prices of imported Thermometers in the European Union

11. Overview and analysis of the EU exports of Thermometers

11.1. Volume, value and dynamics of the EU exports of Thermometers in 2014-2018

11.2. Major trade outflows of Thermometers exports from the European Union

11.3. Structure of the EU exports of Thermometers by types of products

11.4. Prices of EU exports of Thermometers

12. Characteristics of the consumption of Thermometers in the European Union

12.1. Volume, value and dynamics of the consumption of Thermometers in the European Union in 2014-2018

12.2. Structure of the consumption of Thermometers in the European Union in 2014-2018 (by origin, by channel, by type of Thermometers)

12.3. Structure of the consumption of Thermometers in the European Union by country

12.4. Volume, value and dynamics of the per capita consumption of Thermometers in the European Union in 2014-2018

12.5. Balance between supply and demand on the Thermometers market in the European Union in 2014-2018 and forecast for 2019-2024

13. Forecast for development of the Thermometers market in the European Union for 2019-2024

13.1. Factors, influencing the development of the Thermometers market in the European Union in the medium term

13.2. Forecast for market development in the medium term under three possible scenarios

For more information about this report visit https://www.researchandmarkets.com/r/n6liud

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Analysis of Thermometers Markets in the European Union, 2014-2024 - ResearchAndMarkets.com - Business Wire

Today the European Insurance and Occupational Pensions Authority (EIOPA) published its updated Risk Dashboard based on the first quarter of 2020 Solvency II data.

The results show that the risk exposures of the European Union insurance sector remain generally high compared to April as a result of the COVID-19 outbreak. The pandemics continued to cause disruptions in all financial sectors and economic activities. Insurers are particularly exposed to very high levels of macro risk, while market, credit, profitability and solvency risks are at high level.

With regard to macro risk, Gross Domestic Product (GDP) growth as well as inflation forecasts have been revised significantly downwards for all geographical areas. The unemployment rate increased following a steep fall of business activities. Fiscal balances are expected to deteriorate. As a response to the crisis, the governments announced their interventions to sustain the halted economies.

Credit risk remains at high level, as the risk of credit events persist elevated going forward. Profitability and solvency risks remain at high level. Following the COVID-19 impact, the expected deterioration is already reflected in asset over liabilities and in weakening of Solvency Capital Requirement (SCR) ratios for groups and non-life undertakings. A further drop of SCR ratios for both life and non-life undertakings is expected for the next quarter, with the depreciation of assets in the context of COVID-19 as well as effects of already pre-existing low yield environment. The net combined ratio improved for non-life insurance undertakings.

Insurance risks decreased to medium level. On one hand, year-on-year premium growth for life undertakings significantly declined indicating already a negative impact from the COVID-19 outbreak. On the other hand, year-on-year premium growth for non-life undertakings and loss ratio show a slight improvement. Catastrophe loss ratio continues increasing following the significant events occurred during 2019 and 2020.

Market perceptions remained stable at medium level. Stocks of life and non-life insurance undertakings continued to underperform relative to the market, which in contrast experienced an unexpected increase. Insurers Credit Default Swaps (CDS) spreads returned to lower level, with insurers external outlooks showing a net increase in negative revision as of June 2020.

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EIOPA's Risk Dashboard: European insurers remain exposed to high risks since the outbreak of COVID-19 - EU News