EU reports €27.2 billion surplus in latest trade data
The EU posted a €27.2 billion trade surplus in Q4 2024, its sixth in a row, led by strong exports in chemicals and machinery despite persistent energy deficits....
Tag : European Union
Kristersson warns Europe could become a “museum” without AI reform
Europe must ease AI regulations to remain competitive, warns Sweden’s PM Ulf Kristersson, cautioning against overregulation that could push innovation and investment elsewhere....
Zelensky welcomes Starmer’s offer of UK troops in Ukraine
UK PM Keir Starmer says Britain is ready to send peacekeeping troops to Ukraine as part of security guarantees, a move cautiously received by NATO, Ukraine, and the Kremlin....
EU to resist US tariffs as Trump pushes for reciprocal trade policy
The European Commission opposes Trump’s reciprocal trade policy, warning it could disrupt markets, fuel inflation, and harm businesses, vowing to protect EU industries from unfair tariffs....
EU Commission demands sanctions against states failing NPL Directive
The European Commission has sued Austria and six other EU nations for failing to implement the Non-Performing Loans Directive, pushing for financial sanctions....
European climate losses hit €26 billion per year on average
A European Court of Auditors report reveals that the EU faces an average annual loss of €26 billion due to extreme climate events, with potential for even higher losses in the future....
EU moves forward with Chinese EV tariffs despite Germany’s objections
The European Union moves ahead with tariffs on Chinese electric vehicles despite opposition from Germany, risking potential retaliation from China in the bloc's biggest trade clash in a decade....
The European Union supports innovative startups in the Mediterranean
MENA Newswire: To support the innovation and startup ecosystems in the Mediterranean region, local and international organizations gathered in Amman as part of the EU-funded ‘From Innovation to Creation’ programme. “Our innovation programmes in Jordan and in the region such as the programme with SPARK, Ruwwad and Institut Arabe des......
Intersect Innovation Hub and SPARK Palestine launch program to support Palestinian entrepreneurs with funding from the European Union
MENA Newswire: Intersect Innovation Hub (IIH), the entrepreneurship arm of Bank of Palestine Group, and SPARK, an international NGO devoted to job creation, have launched a new program aiming at supporting Palestinian entrepreneurs, in cooperation with Village Capital and Ibtikar Fund, with funding from the European Union. The two organizations......
Russian oil is capped at $60 per barrel by the European Union
The EU agreed with the G7 to cap Russian oil prices to deprive the Kremlin of funds for its Ukraine war, as Putin said strikes on Ukraine’s infrastructure were “inevitable”. With an EU embargo on Russian crude oil from Monday, the $60 per barrel price cap, previously agreed on a......