EU leaders are expected to approve Ukraine’s candidate status at a summit. Turkey and other countries to open a way to allow grain exports. Zelensky urged international pressure to end the blockade. The European Commission’s chief, Ursula von der Leyen, said Saturday that the European Commission will give a clear signal next week on Ukraine’s … Read more
The 27-country EU relies on Russia for 30 percent of its oil consumption. The inflation in the euro area hit another historical high of 8.1 percent in May. Inflation in the EU could reach 6.8 percent in 2022.: European Commission. The EU adopted the sixth set of sanctions against Russia on Friday, with the goal … Read more
Effective immediately, Russian company representatives are no longer permitted. The European Parliament has barred all Russian lobbyists from its premises. Metsola urged all other EU institutions, including the European Commission. The European Parliament has barred all Russian lobbyists from its premises in order to prevent them from spreading Moscow’s “propaganda” about Russia’s war in Ukraine, … Read more
“We are not at the end of the road on the rule of law in Poland,” von der Leyen. Poland, which borders Ukraine, is on the frontline of the EU solidarity effort. The impasse has festered, EU strives to maintain unity to address Ukraine crisis Poland will only receive money from its 35.4 billion … Read more
Monkeypox is related to smallpox, killed millions around the world every year The WHO says more than 550 monkeypox cases, confirmed in 30 countries The United States has stated that it has approximately 1,000 doses of Imvanex, The European Union’s drug watchdog is in talks with the manufacturer of a vaccine against deadly smallpox to … Read more
Croatia is expected to adopt the euro on January 1, 2023. “Croatia will use only the euro” after meeting with European Commission spokesman Valdis Dombrovskis after the transition period from January 1-15, 2023, Plenkovic told a news conference. Meanwhile, Plenkovic urged Croatian Deputy Prime Minister and Finance Minister Zdravko Maric to “monitor the situation” to prevent inflation. Read … Read more
Croatia has met all of the criteria for joining the eurozone. The adoption of the euro comes less than a decade after joining the EU. Croatian Prime Minister Andrej Plenkovic expresses confidence his country will join the euro. Croatia has met all of the criteria for joining the eurozone, according to the European Commission, paving … Read more
The European Commission has set out conditions for Poland to receive billions of euros Disbursement comes with strings attached, namely that Poland reform its judicial system. The decision seeks to move past the impasse between Brussels and Warsaw. The EU Commission approved Poland’s 35.4 billion euro ($38 billion) post-Covid economic recovery package on Wednesday, which … Read more
Sinn Fein leaders accused British Prime Minister Boris Johnson on Wednesday of being “reckless” with Northern Ireland peace as they travelled to Brussels to defend the EU-UK Brexit deal on the UK province. Mary Lou McDonald, the leader of the Irish nationalist party, said at a press conference that Johnson’s government’s plan to unilaterally withdraw … Read more
Hungary’s Prime Minister Viktor Orban has chastised the European Commission for its handling of a possible Russian oil embargo, calling it “irresponsible.” He argued that the Commission, which develops rules for member states, had failed to adequately negotiate the embargo with member countries as he arrived at a summit of EU leaders in Brussels. He … Read more
With EU leaders set to meet Monday to try to seal a sixth Russia sanctions package that includes an oil embargo, Hungarian Prime Minister Viktor Orban has mounted his latest show of defiance. The package proposed earlier this month by the European Commission, the bloc’s executive arm, requires unanimous backing from all 27 EU member … Read more
Hungary has yet to be persuaded to support an EU oil embargo against Russia, and bringing it up at next week’s European summit would be foolish, Prime Minister Viktor Orban warned Brussels in a letter obtained by AFP on Tuesday. “Looking at the gravity of the issues still open, it is very unlikely that a … Read more
Irish Prime Minister Micheal Martin urged the UK government to honour its post-Brexit trade obligations in Northern Ireland on Friday, as Washington cautioned London that its brinkmanship with Europe was endangering peace. Martin was in Belfast in response to outrage on both sides of the Atlantic over the United Kingdom’s vow to change the so-called … Read more
Germany’s finance minister on Friday ruled out any joint EU borrowing to help cover the massive cost of rebuilding war-torn Ukraine, After top European officials floated the idea, Christian Lindner, who presided over G7 talks in Germany that saw countries pledge nearly $20 billion (19 billion euros) in aid to Ukraine, said there would be no … Read more
Eni, the Italian energy giant, announced on Tuesday that it was opening accounts in euros and rubles to pay for Russian gas supplies that were due soon, in accordance with Moscow’s requests. It was unclear whether Eni’s decision would trigger European Union sanctions, however, the company stated it was “not incompatible.” In a carefully worded … Read more
The European Commission reduced its eurozone growth forecast for 2022 to 2.7 percent on Monday, blaming rising energy prices on Russia’s invasion of Ukraine. The war also prompted the EU’s executive to revise its eurozone inflation forecast for 2022, with consumer prices expected to rise by 6.1 percent year on year, significantly higher than the … Read more
Ursula von der Leyen, President of the European Commission, said, speaking in Tokyo on Thursday, that Russia is the “most direct threat” to the international order. Russia “is today the most direct threat to the world order with the barbaric war against Ukraine, and its worrying pact with China“, After meeting with Japanese Prime Minister … Read more
Apple is being accused of stealing by the EU. Apple has been charged by the European Commission for abusing its market advantage in contactless smartphone payments. US corporation may have infringed competition law by prohibiting rivals from using its “tap and go” technology, according to a preliminary investigation. Apple has denied the charge and stated … Read more
Russia has cut off natural gas materials to Poland and Bulgaria, dramatically escalating its response to Western sanctions imposed on Moscow over the conflict in Ukraine. Russian nation strength massive Gazprom said in an assertion Wednesday that it had absolutely halted resources to Polish gasoline agency PGNiG and Bulgaria’s Bulgargaz after they refused to satisfy … Read more
Ihor Zhovkva, the deputy director of President Volodymyr Zelensky’s office, said Ukraine has finished a questionnaire that would serve as a starting point for the European Union to decide on membership for Kyiv. European Commission President Ursula von der Leyen presented Zelensky with the questionnaire on April 8 during her visit to Kyiv, promising a … Read more
PARIS: The European Central Bank is ready to support price and financial stability in the eurozone if needed during the Russia-Ukraine crisis, its chief Christine Lagarde said Friday. “The ECB stands ready to take whatever action is necessary within its responsibilities to ensure price stability and financial stability in the euro area,” Lagarde told reporters … Read more
GENEVA – Six African countries have been chosen to establish their own mRNA vaccine production, the World Health Organization said Friday, with the continent largely shut out of access to Covid jabs. Egypt, Kenya, Nigeria, Senegal, South Africa and Tunisia were selected as the first recipients of technology from the WHO’s global mRNA vaccine hub, in a … Read more
PARIS – Automobile sales are likely to rebound by 7.9 percent in the European Union in 2022, but still remain far below the 2019 level, industry figures showed Tuesday. The European Automobile Manufacturers’ Association (ACEA) said it “now forecasts that passenger car registrations in the EU will return to growth this year, rising by 7.9 … Read more
CHEVENING: Britain and the European Union are to intensify efforts to resolve a dispute over post-Brexit trade in Northern Ireland, UK Foreign Secretary Liz Truss and European Commission vice president Maros Sefcovic said after talks on Friday. In a joint statement, the two described their two-day meeting as “cordial” and said they had agreed to … Read more
WASHINGTON: The Spanish government’s First Vice President Nadia Calvino was elected chair of the group of finance ministers and central bankers that advises the IMF’s board, the organization announced Thursday. Calvino, who is also her country’s economy minister, replaces Swedish Prime Minister Magdalena Andersson as head of the International Monetary and Financial Committee (IMFC), and will … Read more
THE HAGUE, Dec 16, 2021 (AFP) – The EU’s drug regulator said on Thursday it would decide whether the Novavax coronavirus jab will become the fifth vaccine approved for the bloc at a meeting next Monday. The US firm’s shot uses a more traditional technology than current vaccines, which experts hope could ease hesitancy and scepticism … Read more
BRUSSELS, Dec 16, 2021 (AFP) – The lightning spread of Omicron in Europe and elsewhere added a sense of urgency to an EU summit on Thursday, with leaders struggling to present a united, bloc-wide approach. Projections that the highly infectious Covid strain could be dominant in the EU as early as next month have pushed the … Read more
ISLAMABAD: The European Union (EU) has welcomed the progress made by Pakistan to implement the Financial Action Task Force (FATF) action plans and also lauded adoption of the “Protection of Journalists and Media Professionals Bill” by the parliament, that later became an act with the presidential approval. A joint communiqué issued early Wednesday at the … Read more
