MOSCOW: Russia’s central bank said on Friday that any attempt by the European Union to use its assets would be…
Category: Europe
EU to Levy €3 Charge on Small Parcels to Curb Surge of Low-Cost Imports from China
Brussels — The European Union has agreed to introduce a flat €3 charge on all small parcels entering the bloc,…
EU Calls Emergency Talks Over China’s Rare Earth Export Curbs
BRUSSELS: The European Union is set to hold urgent discussions with key industrial sectors on Monday following China’s latest move…
Greek PM Flags Long-Standing Fraud in €3b EU Farm Subsidy Scheme
THESSALONIKI – Prime Minister Kyriakos Mitsotakis acknowledged on Sunday that widespread fraud linked to EU agricultural subsidies represents a “chronic…
Greece Rolls Out €1.6b Tax Overhaul to Ease Cost of Living Strain
ATHENS – Greek Prime Minister Kyriakos Mitsotakis has unveiled a €1.6 billion (US$1.87 billion) tax reform package, including sizeable income…
EU to Raise EIB Lending Cap to €100 Billion Amid Defence and Innovation Push
LONDON – The European Union is set to significantly expand the lending capacity of its financial arm, the European Investment…
EU Needs €241 Billion to Expand Nuclear Energy Capacity by 2050
BRUSSELS: The European Union’s ambitious plans to expand its nuclear energy capacity will require a staggering €241 billion (US$278 billion)…
German Economy Set to Grow 0.3% in 2025
BERLIN: The German economy is expected to grow by 0.3% in 2025 following two consecutive years of contraction, according to…
EU Warns Shein of Possible Fines Over Consumer Protection Violations
BRUSSELS —The European Union has issued a stern warning to fast-fashion giant Shein, urging the Chinese e-commerce platform to comply…
EU to Fast-Track Trade Talks After Trump’s Tariff Threat
BRUSSELS, 26 May 2025 — European Commission President Ursula von der Leyen has pledged to accelerate trade negotiations with the…