Francesco Guarascio, Reuters Top News

Francesco Guarascio

Reuters Top News

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Recent articles by Francesco:

Amid energy crisis, EU plans to help gas-rich Mozambique boost security

The European Union is planning a five-fold increase in financial support to an African military mission in Mozambique, an internal EU document shows, as Islamist attacks threaten gas projects meant to reduce the EU's reliance on Russian energy. → Read More

EU drops nearly all of its order for Valneva COVID vaccine

The European Commission has dropped nearly all of its order of 60 million doses of a new COVID-19 vaccine from French firm Valneva , the EU executive said on Wednesday, in a move that all but wipes out the shot's value for the company. → Read More

EU to add Sberbank, Russian metals baron to sanctions list

The EU is set to add Russia's top lender Sberbank and the head of giant zinc and copper firm UMMC to its list of individuals and companies banned for supporting Moscow's invasion of Ukraine, according to draft documents seen by Reuters. → Read More

EU to adopt on Friday new Russia sanctions, tweaks to avert food shortages

The European Commission is set to adopt on Friday its seventh package of sanctions against Russia, which will add a ban to the import of Russian gold and tweak existing restrictive measures to avoid hampering food exports, two officials told Reuters. → Read More

EU, Southeast Asia to hold first full summit amid security fears

EU and Southeast Asian nations will hold their first full summit in December, a sign that the two blocs are looking for closer ties amid concerns over security threats from China and Russia, officials told Reuters. → Read More

EU to cut economic growth outlook, sees higher inflation

Euro zone finance ministers said on Monday the fight against inflation was the current priority despite dwindling growth in the bloc, as they were informed of a deteriorating economic outlook by the European Commission. → Read More

EU backs second COVID booster for over-60s, before variant-adapted vaccines are ready

European Union health agencies on Monday recommended a second COVID-19 booster for everyone over 60, as well as medically vulnerable people, amid a new rise in infections and hospitalisations across Europe. → Read More

EU backs second COVID booster for over-60s, before variant-adapted vaccines are ready

BRUSSELS/LONDON — European Union health agencies on Monday recommended a second COVID-19 booster for everyone over 60, as well as medically vulnerable people,… → Read More

EU plans investment in world's tallest dam to dent Russia's energy clout

The European Union plans to become the top investor in the world's tallest dam in Tajikistan, EU officials told Reuters, in a move aimed at helping Central Asia cut its reliance on Russian energy and part of EU's answer to China's Belt and Road Initiative. → Read More

EU plans hydrogen deal with Namibia as it pulls away from Russian energy

The European Union is planning a deal with Namibia to support the country's nascent green hydrogen sector and boost its own imports of the fuel, EU and Namibian officials said, as the bloc works to reduce its dependence on Russian energy. → Read More

'Wind of change' in Europe as path to EU opens for Ukraine

European leaders will formally accept Ukraine as a candidate to join the EU on Thursday, a bold geopolitical move triggered by Russia's invasion of Ukraine but a reminder that the 27-nation bloc will need a major overhaul as it looks to enlarge again. → Read More

COVID-19 vaccine scheme for world's poorest pushes for delivery slowdown

Leaders of the global scheme aiming to get COVID-19 vaccines to the world's poorest are pushing manufacturers including Pfizer and Moderna to cut or slow deliveries of about half a billion shots so doses are not wasted. → Read More

EU leaders to keep sanction pressure on Russia, gold flagged as new target

European Union leaders are set to keep pressure high on Russia at a summit this week when they will underline that work continues on sanctions, according to a draft document, with gold being considered for a possible next round. → Read More

EU split over fertiliser plants in poorer nations as food crisis bites

The European Union is divided on how to help poorer nations fight a growing food crisis and address shortages of fertilisers caused by the war in Ukraine, with some fearing a plan to invest in plants in Africa would clash with EU green goals. → Read More

EU nations push for new Russia sanctions, more military aid to Ukraine

Several European Union countries are pushing to start work on a new package of sanctions against Russia and Belarus for the invasion of Ukraine and also want to grant more military support to Kyiv, according to diplomats and a draft document. → Read More

EU fails to agree corporate tax reform as Hungary vetoes overhaul

The European Union's adoption of a 15% corporate minimum tax was thrown into doubt again on Friday as Hungary raised last-minute objections that prevented a deal among all 27 EU states to turn it into law. → Read More

EU states step up pressure on Pfizer to cut unneeded COVID vaccine supplies

European Union governments are intensifying pressure on Pfizer and other COVID-19 vaccine makers to renegotiate contracts, warning millions of shots that are no longer needed could go to waste, according to EU officials and a document. → Read More

EU cracks widen over Ukraine as Italy, Hungary urge truce

Italy and Hungary have urged the EU to call explicitly for a ceasefire in Ukraine and peace talks with Russia, putting themselves at odds with other member states determined to take a hard line with Moscow ahead of a summit next week. → Read More

EU proposes to make seizing assets easier, including of sanctioned oligarchs

The European Commission wants to make it easier to confiscate assets linked to serious illegal activities and suspected criminals, including those evading European Union sanctions against the Kremlin, according to a draft document seen by Reuters. → Read More

German ex-chancellor Schroeder under EU pressure to quit Rosneft

The European Parliament is set to urge the blacklisting of former German Chancellor Gerhard Schroeder if he does not quit as a board member of Russian state-owned oil company Rosneft . → Read More