Russian gas exports via pipeline to Europe and Turkey in the year to date are up by 9.4%, compared with the same period last year. Supplies to Germany rose by almost 28% year on year from January 1 to September 15, while exports to Austria were up 40% and to Denmark by 222%. Source: Platts
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The start of the G7 in Taormina is set for May 26, but the security measures will begin to be operational as early as this morning. It means that no ship could get close, it means that boats full of migrants who already throng the central Mediterranean will dock elsewhere. Source corriere
Italy’s economy minister sought to reassure investors on Thursday that they will not be hit in a rescue of two ailing regional banks, Popolare di Vicenza and Veneto Banca, after fears of a full “bail-in” hit the lenders’ debt. Source Reuters
A top adviser to Donald Trump confirmed that the U.S. president had criticized Germany as “very bad” on trade at a meeting with EU officials in Brussels. “He said they’re very bad on trade, but he doesn’t have a problem with Germany,” White House economic adviser Gary Cohn told reporters at a Group of Seven summit in Sicily. Source Reuters