Category Archives: Europe

Macron’s pensions plan could define his remaining four years in office

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Former banker who promised to reconcile the French people with the political class is accused of worsening disillusionment

When furious protesters in Dijon set fire to a stuffed dummy of Emmanuel Macron, and thousands spontaneously took to the streets in cities such as Paris, Rennes and Marseille this week to protest against the government raising the pension age without a parliament vote, the French interior minister said the chaos “brought back bad memories”.

Indeed, four years after the gilets jaunes anti-government movement, in which people in small towns and the countryside rose up, Macron was once again accused by many working-class voters of disdain for the mood on the street. Politicians from his party were yet again asking for police protection for fear of violent reprisals against them.

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Credit Suisse shares continue to fall despite efforts to calm nerves

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Lifelines handed to Swiss bank and US regional bank First Republic fail to ease investor concerns

Credit Suisse shares came under renewed pressure on Friday, despite fresh attempts by central banks and politicians to calm fears about a crisis in the global banking industry sparked by the collapse of two US banks this week.

Shares in Credit Suisse, Switzerland’s second largest bank, fell 8% on Friday despite securing a £45bn emergency loan from the Swiss National Bank just days earlier to shore up its liquidity after a week of panic.

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Leo Varadkar meets Biden after apparent Clinton-Lewinsky joke

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Irish leader meets US president at White House for traditional St Patrick’s Day event a day after making gaffe

Ireland’s taoiseach, Leo Varadkar, has apologised for making an apparent joke about Bill Clinton’s affair with Monica Lewinsky, during an event in Washington on the eve of St Patrick’s Day celebrations.

Varadkar’s comment on Thursday risked overshadowing his meeting with Joe Biden at the White House on Friday for the traditional handing over of a bowl of shamrock to the US president, the most important day in the Irish-American political calendar.

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Putin’s alleged war crimes: who are the Ukrainian children being taken by Russia?

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What we know about the children behind the indictment of Vladimir Putin and his children’s commissioner for abduction

• Russia-Ukraine war – latest news updates

The international criminal court in The Hague has indicted the Russian president, Vladimir Putin, and children’s commissioner, Maria Lvova-Belova, for the mass abduction of Ukrainian children.

This means there is now an international arrest warrant out for Putin, a reflection of the speed with which the international legal community has pursued allegations of war crimes during Russia’s invasion of Ukraine.

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French anger spreads after Macron forces pension age rise

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Strikes escalate and MPs call for protection as interior minister warns protesters against wreaking havoc

Refinery strikes have escalated in France as the interior minister spoke of protesters wreaking havoc across the country and some MPs called for police protection, amid anger at the government pushing through a rise in the pension age without a parliamentary vote.

More than 300 people were arrested across France overnight during spontaneous protests against Emmanuel Macron’s decision to bypass parliament and force through his unpopular pensions changes, including raising the eligible age from 62 to 64.

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Xi Jinping to visit Russia in show of support for Vladimir Putin

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China says president will meet Russian leader next week with aim of deepening partnership

China’s president is to visit Russia next week in an apparent show of support for Vladimir Putin, the Chinese foreign ministry has said.

The Kremlin also announced the visit, scheduled for 20-22 March, saying it would take place “at the invitation of Vladimir Putin”.

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Macron uses special powers to force through plan to raise pension age

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Chaotic scenes in parliament and Paris streets as thousands gather in spontaneous protest

The French government has used controversial special constitutional powers to force through a rise in the pension age amid chaotic scenes in parliament in which radical left MPs sang La Marseillaise at the top of their voices to stop the prime minister, Élisabeth Borne, from speaking.

The president, Emmanuel Macron, took a last-minute decision to avoid a parliamentary vote and instead push through his unpopular plan to raise the pension age from 62 to 64.

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Poland to deliver fighter jets to Ukraine in major escalation of military backing

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Four Soviet-era MiG-29s to be sent as first instalment and could lead to other Nato members providing warplanes

Poland will become the first country to deliver fighter jets to Ukraine in the next few days, marking a significant upward step in military backing for Kyiv ahead of an expected counter-offensive.

The precedent, involving four Soviet-era MiG-29s as a first instalment, could lead to other Nato members providing warplanes, a longstanding Ukrainian request.

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ECB raises eurozone interest rate despite banking sector fears

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Concerns half-point could set off domino effect across financial industry knocked by Credit Suisse crisis

The European Central Bank has raised interest rates across the eurozone by 0.5 percentage points, despite fears that higher borrowing costs could set off a domino effect across a banking sector already reeling from a collapse in confidence in Switzerland’s second largest lender, Credit Suisse.

Officials at the ECB, the central bank covering the 19-member euro bloc, said inflation was likely to remain high “for too long”, forcing it to continue with its planned run of rate increases.

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One person dead in FSB centre blast in Rostov-on-Don, Russian agencies say

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Footage shows thick black smoke billowing from security service building near eastern Ukraine

At least one person has been killed and two people injured in a blast and fire at a building belonging to Russia’s FSB security service in the southern city of Rostov-on-Don, according to officials quoted by Russian news agencies.

Footage captured on Thursday by Reuters showed thick black smoke billowing into the air near residential buildings and a shopping centre in Rostov, the capital of a region that adjoins parts of eastern Ukraine where battles with Russia are raging.

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Russia-Ukraine war: UN says Russia has committed ‘wide range’ of war crimes; Poland to transfer four MIG-29 planes to Ukraine – as it happened

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War crimes in Ukraine include wilful killings, systematic torture and deportation of children, says UN report; Polish president says handover to come within days

Suspilne correspondents are reporting that explosions have been heard in Kherson this morning.

Oleh Synyehubov, governor of Kharkiv, reports that the Russian military destroyed and damaged private houses and infrastructure facilities in two settlements in the Kharkiv region overnight. The claim has not been independently verified.

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US releases footage of Russian jet crashing into American drone over Black Sea

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Pentagon says video has been edited for length but shows events in sequential order

A remarkable video released by the Pentagon shows the moments before a Russian fighter crashed into a $32m US Reaper drone after spraying it with jet fuel on Tuesday morning over the Black Sea.

The declassified footage shows an Su-27 Flanker jet making two exceptionally close passes of the uncrewed drone, spraying fuel in front of it, a harassment tactic that US experts say has not been seen before.

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Rural populist party emerges as big winner in Dutch elections

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Success of Farmer-Citizen Movement in provincial vote is heavy blow to Mark Rutte’s four-party coalition

A new populist party surfing a wave of rural anger at government environmental policies has emerged as the big winner in Dutch provincial elections, dealing a heavy blow to the four-party coalition of the prime minister, Mark Rutte.

The success of the Farmer-Citizen Movement (BBB) in Wednesday’s vote, which will determine the makeup of the senate, casts doubt over the government’s ability to pass key legislation, including its plans to slash nitrogen emissions.

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ECB faces dilemma over interest rate rise amid Credit Suisse crisis

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European Central Bank could opt for smaller increase as concerns spread over health of banking system

The European Central Bank is facing a dilemma over whether to push ahead with its plans for a large interest rise on Thursday amid fears over the strength of the banking system after Wednesday’s heavy sell-off of the Swiss banking firm Credit Suisse.

After raising interest rates since last summer at a record pace to tackle high inflation across the eurozone, the ECB had in effect committed to another 0.5 percentage point increase in borrowing costs this week.

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Russian soldier who confessed to killing Ukrainian civilian jailed over ‘fake news’

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Daniil Frolkin handed 5.5-year sentence in move widely seen as attempt to silence other servicemen

A Russian soldier who confessed to killing a civilian in Ukraine last year has been sentenced to five and a half years in prison by a military court in Russia’s far east on charges of spreading “fake news” about the army.

In an interview with the independent news outlet Istories last August, Daniil Frolkin, 21, said he shot and killed a male civilian in Andriivka, a village near Kyiv that was occupied by Russian forces shortly after the start of the invasion.

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Credit Suisse takes $54bn loan from Swiss central bank after share price plunge

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After largest shareholder was unable to provide backing, Europe’s 17th largest lender says it will use government help to become ‘simpler and more focused’

Credit Suisse has announced that it will take a CHF50bn ($53.7bn) loan from the Swiss central bank, in an action it says will “pre-emptively strengthen its liquidity” as it moves to stem a crisis of confidence a day after its share price plummeted.

This additional liquidity would support the bank in taking the “necessary steps to create a simpler and more focused bank built around client needs”, its statement said. The bank said it was also making buyback offers on about $3bn worth of debt.

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Russia-Ukraine war: US says drone incident with Russia ‘is being investigated’ – as it happened

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US secretary of state Antony Blinken says collision of Russian fighter jet with US drone was ‘reckless and unsafe action’

Thanks for following along – that’s it from me, Helen Sullivan, for today. My colleague Martin Belam will take you through the rest of the day’s news.

AFP has this flash of news, saying Russia has called on the US to halt what it calls its “hostile” flights, after the collision of a Russian fighter jet with a US MQ-9 Reaper drone that the Pentagon said was conducting a routine flight.

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Russia plans to recover wreckage of US drone downed over Black Sea

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‘I certainly hope for success,’ says senior Kremlin official of hopes of raising debris from seabed west of Crimea

Moscow has said it intends to recover the wreckage of a US drone brought down on Tuesday following an interception by Russian fighter jets, but the White House said the debris could be in such deep water that recovery is impossible.

“I don’t know if we can recover [it] or not, but we will certainly have to do that, and we will deal with it,” Nikolai Patrushev, the secretary of Russia’s security council, said on Wednesday. “I certainly hope for success.”

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Turkey has made its mind up about our Nato membership, says Finland

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Swedish prime minister also said he hopes Sweden’s accession will be ratified by Ankara after May elections

Finland’s president, Sauli Niinistö, has said he expects his Turkish counterpart, Recep Tayyip Erdoğan, to tell him whether Turkey is endorsing the Nordic country’s Nato membership application when the two meet in Ankara later this week.

“It was known that once President Erdoğan has made his decision concerning ratification of Finland’s membership of Nato, he would wish to meet and fulfil his promise directly from president to president,” Niinistö told Reuters on Wednesday.

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