The 23 EU members who also belong to NATO are likely to agree to raise the defence spending target above the current 2% of national output at a June summit of the alliance that will set a new level, European Council President Antonio Costa said.
EU kicks off auto support plan
EU member states have been told to review transactions that have taken place since January 2021 in areas where these technologies have formed part of overseas investment. They must submit a progress report in July and a comprehensive risk assessment a year later.
Faced with a flagging economy and heightened competition with the United States, Commission President Ursula von der Leyen is trying to harness the EU’s €1.2 trillion common cash pot to boost the bloc’s autonomy in a bid to make Europe economically strong again.
BRUSSELS — Hold your ground. That’s France’s advice for the EU as Brussels mulls ways to placate Donald Trump. The U.S. president has threatened tariffs against the bloc unless it buys more American fossil fuels. And EU officials are keen to engage, even readying a package of potential goodies for Trump.
The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian grain exports at the end of 2024, the country's central bank said on Thursday.
Following calls to reduce the regulatory burden imposed on businesses, the European Union is poised to reform a series of laws passed under the EU Green Deal.
Spain's European Union-harmonised 12-month inflation rate rose to 2.9% in January, from 2.8% in the period through December, preliminary data from the National Statistics Institute (INE) showed on Thursday.
Tuesday’s dispute took place in the polite environs of LinkedIn. The Commission’s current Director General for Climate Action Kurt Vandenberghe had posted that with the U.S. stepping back from climate action, the EU’s strong green laws “may turn out to be a great asset to attract investment.”
Following calls to reduce the regulatory burden imposed on businesses, the European Union is poised to reform a series of laws passed under the EU Green Deal
Angesichts der drohenden Bußgelder in Milliardenhöhe für die Nichteinhaltung ihrer Emissionsziele in diesem Jahr wird die Europäische Union prüfen, wie sie den Autoherstellern helfen kann.
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies France and Germany.