Talks are underway in Moscow on the possibility of Russia lending Iceland four billion euros to help it survive its financial crisis. Russian could loan the money over three to four years, to be paid back at a higher than normal interest rate.

LUXEMBOURG (Reuters) – European Union foreign ministers differed on a possible restart of partnership talks with Russia Monday as questions remained over whether Russia had fully complied with a ceasefire pact with Georgia.

LUXEMBOURG (Reuters) – The European Union suspended travel bans on Belarus President Alexander Lukashenko and dozens of other officials on Monday as a reward for freeing political prisoners, but kept some sanctions in place.