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EU ramps up pressure on China’s green tech with wind power probe
The European Union ramped up pressure on Chinese clean-tech investments, potentially squeezing out its local suppliers amid EU efforts to transform the bloc into a green economy, Bloomberg reports. The EU’s competition…
European Union, UN criticise new Hong Kong security law
The European Union and the United Nations said Hong Kong‘s new national security bill was deeply worrying and could erode fundamental freedoms in the China-ruled city, according to Reuters. “It is alarming that…
EU pledges 7.7 billion euros towards global needs in 2024
The European Union on Monday pledged to spend an initial 7.7 billion euros on humanitarian aid in 2024, less than the previous year despite soaring needs in Gaza and elsewhere, according to Reuters. “I think this…
EU should consider joint borrowing for defence, economic security says Spain
The European Union should consider jointly borrowing to finance investment in economic security and defence, Spain‘s Finance Minister Carlos Cuerpo said on Tuesday, joining France, Belgium and Estonia in calls…
EU, US to launch maritime corridor to deliver aid to Gaza
The European Union, along with the United States and the United Arab Emirates, will launch a maritime corridor to deliver humanitarian aid to Palestinians in Gaza amid mounting alarm about the conditions there,…
EU strikes deal to unjam European air traffic reform
The European Union on Wednesday agreed on a deal to unjam air traffic reform in a bid to bring order to the mosaic of airspace regulations that is blamed for chronic delays and unnecessary emissions across Europe,…
EU’s new Anti-Money Laundering Authority to be based in Frankfurt
The European Union‘s new Anti-Money Laundering Authority (AMLA) will be based in Frankfurt, Germany, the Belgian Presidency of the EU said on Thursday, in a move the bloc hopes will advance its fight against illicit…
EU’s democratic safeguards on financial aid fall short, auditors say
EU conditions for ensuring rule of law among member states before they can receive financial aid are not strong enough to completely rule out a backsliding in democracy, the 27-nation bloc’s auditors said on Wednesday,…
EU takes a step closer to using frozen Russian assets profits for Ukraine
The European Union has moved toward using the profits from frozen Russian central bank assets to finance Ukraine’s reconstruction with the adoption of a new law on Monday, according to Euractiv. The move, in line…
Trump’s NATO threat denounced across Europe
The European Union‘s foreign policy chief, Josep Borrell, said on Monday that NATO cannot be an ‘a la carte’ military alliance dependent on the whims of the US president, as he responded to comments made by Donald…
EU drops plan to halve pesticide use after farmer protests
European Commission President Ursula von der Leyen said she will withdraw a plan to halve the use of pesticides because it became a “symbol of polarization” following protests by farmers across Europe, according…
EU cautions against trade measures to support solar sector
The European Union needs to take into account its ambitious targets for solar power deployment before it considers any measures to curb imports of photovoltaic panels, wafers and other components, a senior EU official…
Kosovo’s block on the Serbian currency raises alarm in the EU and US
The European Union and the United States expressed their deep concern Sunday after Kosovo banned the use of the Serbian currency and police raided the premises of organizations working with the Serb minority in…
Poland launches import controls at Ukrainian border to protect domestic market
Poland has introduced stricter controls on agri-food products at the Ukrainian border to protect its domestic market from an uncontrolled influx of products, Deputy Agriculture Minister Michał Kołodziejczak said…
EU plans ‘purely defensive’ Red Sea mission
The European Union mission to protect commercial vessels from Iran-backed Houthi rebel attacks in the Red Sea will be “purely defensive,” and will not conduct “any kind of attack,” the EU’s foreign policy chief…
President Iohannis: The European Union wants to provide this significant aid to Ukraine
AGERPRES special correspondent to Brussels, Belgium, Oana Ghita reports:The European Union wants to provide "significant" aid to Ukraine, President Klaus Iohannis said on Thursday. He added that it is about financial,…
12:05, 25.01.2024
European Union sees electricity production doubling by 2050 to reach net zero
The European Union estimates it will need to more than double its electricity generation by the middle of the century and boost renewables to reach its ambitious goal of climate neutrality, according to Bloomberg.…
11:01, 25.01.2024
EU teams up with several European ports in war on drugs
The European Union together with European port authorities on Thursday launched a new public-private alliance to boost expertise and information sharing to help tackle drug smuggling and organized crime in the…
14:11, 23.01.2024
EU moves ahead on plan to tax profits of frozen Russian assets
The European Union is progressing with plans to apply a windfall tax to the profits generated by frozen Russian central bank assets while opting not to seize the immobilized money outright, according to Bloomberg.…
14:10, 22.01.2024
EU growth plan potential ‘game changer’ for Western Balkans, official says
The European Union‘s 6-billion euro growth plan for the Western Balkans is a potential “game changer” that could double the size of regional economies in the next decade, an EU official said on Monday, according…
11:41, 22.01.2024
European Union to upgrade economic security to shield key tech from China
The European Union will take the next step this week in its effort to recreate itself into a global power that can leverage its massive single market to rebuff coercive actions from the likes of Beijing, Moscow…
10:51, 18.01.2024
EU agrees on stricter rules to combat money laundering and capture cryptoassets
The European Union reached a provisional deal on Thursday to improve how national authorities work with each other to combat money laundering, including in the crypto sector, according to Reuters. Representatives…
14:11, 16.01.2024
EU lawmakers approve new rules to unify stock trading data
The European Union took a significant step Tuesday toward unifying its financial markets through consolidating data on trading activity across the bloc, according to Bloomberg. The European Parliament backed rules…
13:06, 16.01.2024
EU presidency warns democracy will be put to the test in US elections in November
The European Union presidency on Tuesday warned that the foundations of democracy will be put to the test during the November US election, envisaging a scenario where the longstanding trans-Atlantic alliance could…
16:10, 03.01.2024
EU adds Russia’s biggest diamond producer Alrosa to sanctions list
The European Union on Wednesday added Russia’s Alrosa, the world’s biggest diamond producer, as well as its CEO Pavel Alekseevich Marinychev to its sanctions list as part of its ban of import bans over Moscow’s…
15:30, 20.12.2023
Romanian MEPs maintain Austria has no excuse for blocking Schengen extension
Austria no longer has any excuse to oppose the accession of Romania and Bulgaria to Schengen after an agreement was reached on Wednesday on a broad reform of the European policy on asylum and migration, state Save…
13:40, 19.12.2023
EU and US pause steel tariff war until after elections
The European Union and the US will extend a truce on steel and aluminum imports, avoiding a possible return of billions of dollars in tariffs on transatlantic commerce, according to Bloomberg. The European Commission,…
16:35, 18.12.2023
European Union opens proceedings against X in first probe under new rules
The European Union on Monday said it would launch an investigation of social media company X, formerly known as Twitter, over a suspected breach of obligations in its first such probe under the Digital Services…
12:40, 29.11.2023
Ukraine has received 300,000 of EU’s promised million shells says foreign minister
The European Union has delivered about 300,000 of its promised million shells to Ukraine so far, Ukraine’s Foreign Minister Dmytro Kuleba said on Wednesday while attending a NATO meeting in Brussels, according…
11:25, 23.11.2023
EU set to approve as much as €1 billion of funds for Hungary
The European Union is finalizing a decision to release as much as €1 billion in EU funds for Hungary just as Prime Minister Viktor Orban is stepping up his attacks against the bloc and threatens to derail aid to…