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That is partly because the drop in oil prices has pulled down the cost of gas, since the two are linked in the supply contract between Ukraine’s OAO Naftogaz and Russia’s OAO Gazprom.

Foreign Minister Karl Erjavec says Friday that Slovenia was not informed in advance of Hungary’s move and that the fence was “not necessary”.

EU’s interior ministers on Tuesday voted by a majority in favour of the quota system, which will see migrants in Italy, Greece and Hungary redistributed to other member states.

The European Commission’s vice president for energy, Maros Sefcovic, called the deal a “major achievement” and a “crucial step” to ensure Ukraine has gas supplies from October through March and that Europe receives “reliable” onward deliveries.

The issue is dominating Tuesday’s meeting of European Union interior ministers in Brussels.

Meanwhile, a Human Rights Watch (HRW) report – released on Monday -accused the police in Macedonia of violence and ill-treatment of refugees streaming into the country from Greece on their way to northern Europe.

An emergency summit by European Union leaders is also scheduled for Wednesday.

Russia’s sudden military build-up this month in support of Assad and a refugee crisis that has spilled over from the region into Europe have lent new urgency to attempts to resolve the Syria conflict.

Mr Cameron’s attempts to win support have not been helped by his refusal to sign up to the Franco-German refugee resettlement plan but the PM has continually raised Britain’s aid contribution as evidence that the country is playing its part.

The announcement comes one day after Secretary of State John Kerry said the USA would raise its annual refugee cap from 70,000 to 85,000 to accommodate more Syrians fleeing their war-torn country.

In addition, the two leaders “discussed how a big part of the answer to the refugee crisis must be a solution to the situation in Syria“, a spokesman for Cameron’s office said.

About 40 rubber dinghies each carrying 60 to 70 people arrived in the rain on one beach on the island, which was covered in life jackets and rubber tubes.

Eastern European ministers are due to gather to once again voice their opposition to compulsory migrant quotas, as countries creaking under the strain of a steady stream of refugees struggle to agree on common action.

Gold fell from one-month highs on Friday after Federal Reserve chair Janet Yellen kept the door open to an increase in USA interest rates this year, sparking a dollar rally, while palladium was on track for its biggest weekly rise in nearly four years.

“We won’t be able to solve the conflict from outside, without involving regional countries”, she underscored.