Kremlin: Russia backs Kosovo’s Serbs, their rights must be respected

MOSCOW (Reuters) – Russia supports Kosovo’s Serbian population and believes their legal rights and interests must be protected, Kremlin spokesman Dmitry Peskov said on Wednesday. Peskov also said Moscow was following with concern the unrest in Kosovo, which has increased sharply since ethnic Albanian mayors took office in the country’s northern Serb-majority area after votes…

Read More

Polish top court delays hearing on bill needed to get EU funds

WARSAW (Reuters) – Poland’s top court postponed on Wednesday a crucial hearing on the constitutionality of reforms designed to unblock European Union funds due to an insufficient number of judges, the latest hurdle for Warsaw to get the cash. Polish President Andrzej Duda in February asked the Constitutional Tribunal to rule on the constitutionality of…

Read More

German unemployment rises less than expected in May

By Maria Martinez BERLIN (Reuters) -German unemployment rose less than expected in May, showing resilience in the labour market despite difficult economic conditions, labour office figures showed on Wednesday. The Federal Labour Office said the number of people out of work increased by 9,000 in seasonally adjusted terms to 2.573 million. Analysts polled by Reuters…

Read More

Analysis-Why North Korea’s satellite launch attempt may be ‘first of many’

By Josh Smith and Sakura Murakami SEOUL/TOKYO (Reuters) – North Korea is unlikely to be deterred from its quest to place cargoes in space, analysts said, even though a malfunction sent a new launch vehicle and the country’s first spy satellite crashing into the ocean on Wednesday. The secretive country considers its space and military…

Read More

Italy Q1 GDP revised up to 0.6% q/q, 1.9% y/y -ISTAT

ROME (Reuters) – Italy’s economy rose 0.6% in the first quarter, boosted by strong domestic demand, national statistics bureau ISTAT said on Wednesday, lifting a preliminary estimate of a 0.5% rise in gross domestic product. On a year-on-year basis, GDP in the January-March period was revised up to 1.9% compared with the 1.8% printout in ISTAT’s flash…

Read More