Author: Euronews

The three joined the EU on January 1st 1995, enlarging the bloc to 15 member states. ADVERTISEMENTThe wish to join the EU came amid an economic downturn in the 1980s, when full EU membership allowed for equal membership in its single market. Historically Austria, Sweden and Finland had all been officially neutral during the Cold War, and hadn’t formally aligned themselves with the West. But by 1995 the Cold War has been consigned to history.At the time public opinion was fairly Eurosceptic, with Austria, Finland, Norway and Sweden seeking to vigorously defend their economic interests and the ‘Nordic model’. The…

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Bitcoin’s stunning gains this year have been attributed to optimism surrounding US regulatory developments. Analysts predict the cryptocurrency may have significantly more room for growth in 2025. ADVERTISEMENTBitcoin experienced a 150% rally in 2024, positioning itself as one of the top market performers in the year. This can be attributed to three bullish factors – regulatory optimism, an improved macro environment, and mounting investor enthusiasm. Looking ahead, the world’s largest cryptocurrency is expected to extend its bullish trend in 2025, with analysts projecting it may reach a price range of between $200,000 (€193,000) and $250,000 (€241,000). The bullish Bitcoin cycle may…

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Poland has taken over the presidency of the Council of the European Union for six months, following Hungary’s controversial tenure. ADVERTISEMENTUnder the slogan “Security, Europe!”, Poland is taking over the presidency of the Council of the European Union, marking the start of a six-month rotation for the second time in Poland’s history. The country in presidency is tasked with guiding the council’s work and representing all member states in negotiations with other EU institutions. The spot rotates among the EU’s 27 member states every six months, with Hungary wrapping up its controversial tenure in December. Marked by the ongoing war…

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The vessel, part of Russia’s shadow fleet of ageing tankers used to evade sanctions, faces charges including aggravated vandalism and interference with telecommunications. ADVERTISEMENTFinnish authorities investigating damage to the Baltic Sea’s Estlink-2 power cable and multiple data cables have discovered an anchor drag mark on the seabed, and say they believe it was caused by a vessel linked to Russia. The ship, already seized for examination, has been identified as the Eagle S, part of a fleet associated with evading Western sanctions on Russia.The Estlink-2 cable carries electricity between Finland and Estonia. It suffered a rupture on 25 December. While the…

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