Strasbourg 06.05.2025 The EU will end its dependency on Russian energy by stopping the import of Russian gas and oil and phasing out Russian nuclear energy, while ensuring stable energy supplies and prices across the Union. The REPowerEU Roadmap, presented today by the European Commission, paves the way to ensure the EU’s full energy independence…
Category: ECONOMY
EU targets Russia’s “shadow fleet”
Brussels 14.11.2024 MEPs demand more targeted EU sanctions against Russia’s so-called ‘shadow fleet’, which provides a key financial lifeline for Moscow’s war in Ukraine. Russia uses old tankers, often uninsured and with unclear ownership, to export its crude oil and petroleum products abroad, despite EU, G7 and international sanctions. These activities have also raised fears…
China: EU committed to support Lithuania
Brussels 08.12.2021 “The EU has been informed that Lithuanian shipments are not being cleared through the Chinese customs and that import applications from Lithuania are being rejected. We are in close contact with the Lithuanian government and are gathering information via the EU Delegation in Beijing in a timely manner” reads the Joint Statement by…
EUCO: Summit addresses energy prices
Brussels 22.10.2021 The European Council addressed the recent spike in energy prices and considered the impact of the price rises on citizens and businesses, especially our vulnerable citizens and SMEs, striving to recover from the COVID-19 pandemic. #EUCO | NOW ONLINE: European Council conclusions on #COVID19 #EnergyPrices #Trade #ExternalRelations 👉 https://t.co/XIUPUnihBg pic.twitter.com/qC4OaEb0on — EU Council…
EU-EEA discuss Green Deal
The members of the EEA Council discussed, via video conference, the overall functioning of the Agreement on the European Economic Area (EEA Agreement) and the effect of COVID-19 on the internal market. Members of the #EEA Council will discuss tomorrow: 👉the functioning of EEA Agreement and the effect of #COVID19 on the internal market👉#EUGreenDeal As…
Hammond: clarity on customs is top priority
“Britain is leaving the political institutions of the EU; but it is not leaving Europe, and British prosperity is, and always will be, closely bound to European prosperity,” – said Chancellor of the Exchequer Philip Hammond, addressing the European Business Summit in Brussels (24/05/2018) – “So Europe’s success – and the success of the Euro as…
EU-Mexico duty-free – winners and losers
“Free Trade Agreements with Canada, Mercosur, Mexico, Singapore …When there are no more countries available the Commission will sell the left over rights for European tariffs to “other planets” (those that @JunckerEU met after the Brexit …)” – say critics of the EU-Mexico Trade deal. Accords de libre-échange avec le Canada, le Mercosur, le Mexique,…
Crimea: Siemens gas turbines delivery penalties
The EU has added 3 Russian nationals and 3 companies “involved in the transfer of gas turbines to Crimea to the list of persons subject to restrictive measures in respect of actions undermining Ukraine’s territorial integrity, sovereignty and independence” – says the statement. EU adds 3 persons & 3 companies to sanctions list over actions against #Ukraine…
Greece awaiting debt relif
Debt relief for Greece will be looked into at the next Eurogroup meeting on 22 May, according to Jeroen Dijsselbloem. The president of the informal body of the eurozone’s finance ministers made the announcement during a plenary debate in Parliament on 27 April. He also apologised to MEPs about recent remarks that proved controversial. Dijsselbloem…
Schaeuble: EU needs flexible speeds
It is not realistic to take further steps towards European Union integration at this point and after Britain’s vote to leave the bloc its remaining members must be ready to form ‘coalitions of the willing’, German Finance Minister Wolfgang Schaeuble said. “Given the current situation, it is not realistic to think that we can take…
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