World Bulletin / News Desk
Germany will prevent Bulgaria and Romania from entering the passport-free Schengen zone when European ministers meet to discuss the issue on Thursday, German Interior Minister Hans-Peter Friedrich said in a magazine interview.
"If Romania and Bulgaria insist on a vote, the attempt will fail due to a German veto," Friedrich was quoted as saying in Der Spiegel on Sunday.
"Even the idea of a partial approval i.e. for entry by air or seaports is off the table," he added.
He said Bulgaria and Romania, which joined the EU in 2007, needed to tackle corruption more decisively and that German citizens would only accept an expansion of the Schengen area if the essential requirements were fulfilled, which he said was not currently the case.
Number of properties sold to foreigners soars by 11.4 percent y-o-y in the month, TurkStat reveals
BIST 100 index decreases 0.43 pct while US dollar/Turkish lira rate rose to 3.50
BIST 100 index rises 0.44 pct while US dollar/Turkish lira rate falls to 3.49
The day before, the dollar had rallied against both main rivals and the Dow reached a fresh record high after the US central bank kept alive the chance of a December increase in American borrowing costs.
Monthly index sees decline of 3.4 pct, according to Turkish Statistical Institute
BIST 100 index decreases 0.31 pct while US dollar/Turkish lira rate rose to 3.51
Frankfurt equities sagged despite a rally for shares in German heavy industry giant ThyssenKrupp, which announced a deal with Indian group Tata to merge their steel operations in Europe.
BIST 100 index drops 0.02 pct while US dollar/Turkish lira rate stands over 3.48
The move was seen as a bid to weather US-imposed sanctions on the embattled country.
Regulators decided in May to fine Banco Popolare di Vicenza a total of 11.2 million euros ($13.4 million), the ECB said in a press release.
BIST 100 index rises slightly 0.09 pct while US dollar/Turkish lira rate falls to 3.43
BIST 100 index rises 0.10 pct while US dollar/Turkish lira rate stands around 3.46