February 2015
Italy's Parliament Recognizes the Independent State of Palestine
The Italian Parliament recognized the independent state of Palestine, urging the government to implement this decision. This move reflects a growing trend among European parliaments…
European Union Gives Greece One Week Deadline to Accept Financial Aid Extension
The European Union has given Greece a one-week ultimatum to accept a financial aid extension, or it will have to manage its financial obligations independently.…
Oil Prices Surpass $60 for the First Time in 2015
Global oil prices have exceeded $60 for the first time this year, driven by economic growth in the Eurozone and a reduction in U.S. drilling…
Greece and Eurozone Countries Fail to Reach Agreement
Greece and Eurozone finance ministers failed to reach an agreement on debt repayments during a meeting in Brussels. The discussions will continue, but the Greek…
UN: 300 Illegal Migrants Drowned in the Mediterranean Sea
Nearly 300 illegal migrants drowned in the Mediterranean Sea, prompting criticism of Europe's rescue operations by the UN. The incident highlights the ongoing humanitarian crisis…