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Business / Trade in Southern Europe

  • China’s Xi sees Serbia as milestone on new ‘Silk Road’

    SERBIA, 2016/06/20 Serbia could play a significant role in Beijing’s ambitious plan for a new “Silk Road” to boost trade with Europe, Asia and Africa, Chinese President Xi Jinping said on Sunday. Xi said China was ready for additional cooperation with Belgrade during a visit to Serbia that has seen his country strengthen its economic presence in the Balkans with additional than 20 finance and infrastructure deals. China’s One Belt, One Road initiative, intended to open new trade links for Chinese firms as the domestic economy slows, envisages a new Silk Road from Western China to Central Asia and on to Europe via the Balkans, a region keen to attract Chinese investment .

  • Russian Tourists Flock To Greece After Turkey, Egypt Bans

    GREECE, 2016/05/28 At the same time as international political spats get in the way of beach vacations, there’s only one recourse: find an extra beach in different country. Russia’s strained relations with both Turkey and Egypt have sent tourists to Greece for their getaways. The Russian Tour Operators Association said Friday despite economic problems and the ongoing refugee crisis on its shores, Greece has seen a additional than 500 % increase in the number of Russian tourists visiting, the Moscow Times reported. The association said 10,000 Russians traveled to Greece in March, an increase of 523.6 % from a year before. They spent nearly $9 million during the month of March alone.

  • Macau mission to Brazil promotes the territory as a platform between China and the Portuguese-speaking countries

    MACAU, 2016/05/04 A Macau economic mission is taking part in São Paulo in APAS 2016, an international trade equitable for the supermarket sector organised by the Paulista Association of Supermarkets, from 2 to 5 May, according to official data. The delegation, organised by the Macau Trade and Investment Promotion Institute (IPIM), will meet with entrepreneurs and institutions topromote the territory as a business platform with Portuguese-speaking nations.

  • Britain and Italy say agree on need for deep reform of EU

    ITALY, 2016/01/06 Britain and Italy said on Tuesday that they acknowledge on the need to reform the European Union to protect the rights of the bloc's non euro zone members, promote business and tackle the migration crisis. Britain is renegotiating some of the terms of its EU membership ahead of a referendum due by the end of 2017 but Prime Minister David Cameron has so far failed to reach agreement on plans to restrict EU migrants' access to in-work benefits. Writing in The Daily Telegraph newspaper, the British and Italian foreign ministers said there was much common ground.

  • Italy-Algeria: minister Delrio visits for bilateral talks

    ITALY, 2015/11/21 Transport and Infrastructure Minister Graziano Delrio is in Algiers for a round of bilateral meetings with a number of Algerian ministers and to visit the International trade equitable for public works, which sees the participation of 42 Italian companies over an exhibition space of 800 square meters, the ministry said in a note. Italy is a guest of honor. Delrio will meet Minister of Public Works Abdelkader Ouali, Transport Minister Boudjema Telaiand Minister of Water resources Abdelouahab Nouri.

  • Greece hails ‘special relationship’ with France on Hollande visit

    FRANCE, 2015/10/23 French President François Hollande begins a two-day visit to Athens on Thursday, bringing badly-needed support to Greece’s left-wing government amid tough talks with the country’s creditors. It marks the initial visit by a French president since 2008, at the same time as Hollande's predecessor Nicolas Sarkozy last travelled to the deficit-saddled country. Hollande will be accompanied by at least four members of his cabinet inclunding Finance Minister Michel Sapin, and a number of business chiefs. A French government source said the president was bringing "a message of confidence and optimism in Greece's next".

  • Serbia to start talks with EU by year end

    EUROPEAN UNION, 2015/09/29 Serbian Prime Minister Aleksandar Vucic and Commissioner for European Neighbourhood Policy and Enlargement Negotiations Johannes Hahn agreed Friday that Serbia should be supported in its attempts to open initial negotiation chapters by the end of the year. Vucic and Hahn met here to discuss Serbia's European integration. At a press conference, Hahn praised Vucic's recent moves to reconcile Serbia with its neighbors and continue dialogue with its southern province Kosovo, which unilaterally declared independence in 2008.

  • East Africa: Region's Exports to EU Face Tough Conditions

    ITALY, 2015/09/13 Mistrust has emerged part the East African Community partner states over Tanzania's commitment to the Economic Partnership Agreement that would give the region's goods business-free access to European markets. Tanzania is likely to delay the signing and ratification of the EPA document on the grounds that it was rushed through. Dar es Salaam has threatened not to sign the transaction before its concerns on contentious issues are addressed. The region has until December 31 to sign the transaction with the European Union or go back to the negotiating table.

  • Italian business delegation visits Mozambique

    ITALY, 2015/08/29 A delegation of entrepreneurs from Italy coordinated by the Italian Industrial Confederation (Confindustria) will visit Mozambique during the Maputo International equitable (Facim), due to be held from this 31 August to 6 September, the Italian embassy in Mozambique announced. The delegation representing nearly 50 companies from the oil and natural gas sector will include Vice-Minister for Economic Development Carlo Calenda, who will visit on 31 August and 1 September, indicates the statement sent to Macauhub on Thursday. The companies will be able to take part in a conference co-organised by Confindustria, ICE and the Italian petrochemical group ENI, focusing on business opportunities offered by the sector in Mozambique.

  • Iran's president invited to Italy

    IRAN, 2015/08/05 Italy aims to expand ties with Iran additional and sooner, said Italian Foreign Minister Paolo Gentiloni. Italy is currently negotiating with Iranian economic enterprises and industries, which will lead to the transfer of technology and capital to Iran and the expansion of its communication and road networks, inclunding its oil and gas industries, Shana news agency quoted Gentiloni as saying August 5. Gentiloni made the remarks in a conference with Iranian President Hassan Rouhani in Tehran on August 5. Gentiloni has invited Rouhani to visit Rome as well.
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