Eurotopics.net

Facebook shares lost almost a quarter of their value within just a few hours on Wednesday night. The drop came after the company announced that its revenue growth rate was down by roughly eight percent in the second quarter of 2018 compared to the first quarter. The company had also seen a slight drop in its user figures in Europe. Should Facebook founder Mark Zuckerberg be worried?

After US President Trump and EU Commission President Juncker's announcement that no further tariffs will be imposed and that instead trade between the two blocs is to be expanded, commentators continue to take stock of the meeting. There are those who still don't quite trust the new truce, but others are delighted and full of praise for Juncker's negotiating skills.

The number of deaths in the wildfires around Athens has risen to 83, according to official figures. No other fire in the 21st century has killed as many people. Firefighters now have the blazes largely under control, but the search for the causes continues in Europe's media.

French President Emmanuel Macron is currently visiting the heads of government of Spain and Portugal. His talks with the two left-wing prime ministers are focussing on the migration issue, the future of the EU and collaboration in the energy sector. Can a Southern European alliance give the EU fresh impetus?

Russia has reacted critically to a US declaration on the annexed Ukrainian Crimean Peninsula. The US has stressed in its Crimea Declaration that it refuses to acknowledge Russia's annexation of Crimea. For commentators in Russia and Ukraine the declaration is a direct consequence of the Helsinki summit.