Russia is posing an existential threat to the European Union's security and to only way to address that is to increase spending on defence, EU foreign policy chief Kaja Kallas said on Wednesday, adding that the EU had for too long offered Russia alternatives.
The European Union is facing another potential showdown with Hungarian Prime Minister Viktor Orban over his refusal to sign off on an extension of sanctions on Russia over its war against Ukraine.
EU finance ministers approved Romania's deficit-cutting plan on Tuesday to bring its fiscal deficit below 3% of national output by 2030, a move Bucharest hopes will help reassure investors about its economic outlook and tame surging bond yields.
Slovakia’s pro-Russian prime minister has raised the prospect of his country leaving the European Union and Nato, arguing that world events could consign them to the “history books”.
Energy company Drax lobbied Canadian officials for their intervention as the UK group sought changes to EU rules that could prevent the bloc from burning wood biomass sourced from forests in British Columbia.
"It is necessary to have a constructive attitude of dialogue, but also naturally in defence of what is the interest of Europe and its member states," he said, adding that protectionism would only harm consumers in the countries or blocs that were raising tarriffs.
Germany’s economy minister Robert Habeck warned Europe not to become overly reliant on US energy and urged the region to stick together in response to the new Donald Trump administration.
Europe and the UK face a fresh immigration crisis unless $300bn (£244bn) of frozen Russian assets are seized and handed to Ukraine, the financier Sir Bill Browder has warned.
Some 13,000 border guards and soldiers protect around 400 kilometers (250 miles) of border. It’s become a buffer zone since Belarus’ ally, Russia, invaded neighboring Ukraine three years ago. Similar fortifications farther north line Poland’s frontier with the Russian region of Kaliningrad.
U.S. President Donald Trump has promised to address a longstanding trade deficit with the European Union, saying he will reverse that by imposing tariffs or making the EU buy more U.S. oil and gas.
The European Union is working on a proposal for bloc-wide purchase incentives for electric vehicles to support the bloc’s struggling automakers, German Chancellor Olaf Scholz said Tuesday.