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Australia suspending Hong Kong extradition agreement

Bloomberg Australia is suspending its extradition agreement with Hong Kong and will give skilled migrants from the city five-year visas with a pathway to permanent residence, after China imposed sweeping national security legislation on the financial hub. “Our decision to suspend the extradition agreement with Hong Kong represents an acknowledgment of the fundamental change of circumstances in relation to Hong ...

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Croatia, Bulgaria step closer to joining euro

Bloomberg Croatia and Bulgaria are set for approval to join the waiting room to adopt the euro in what would be the first step toward expanding the currency union since 2015. The decision to allow the two eastern European countries into what’s known as ERM-2 is likely to be taken by euro-region finance ministers meeting on Thursday and on Friday, ...

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Serb leader vows to quell protests

Bloomberg Serbia’s president denounced violent protests against a proposal to reinstate one of Europe’s strictest lockdown protocols and pledged to restore order as he flew to Paris ahead of European Union-brokered talks on mending ties with Kosovo. Dozens of people have been hurt over two days of clashes between police and anti-government demonstrators in the biggest outbreak of violence against ...

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