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The latest news from the EU News. Headquarters is located in Brussels with our correspondents and political analyst breaking down the news piece by piece, in-depth and relevant, so you can understand the news with perspective on our dedicated news page for the latest Euro News 24 hours a day.

Live: EU, G7 and Australia adopt price cap on Russian oil

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European Union member states, the Group of Seven industrialised countries and Australia said Friday that they adopted a price cap on Russian oil. The move is the latest part of an international push to limit Russian President Vladimir Putin’s war chest for his assault on Ukraine by targeting his key exports. Follow our live blog for all the latest developments. All times are Paris time (GMT+1).

Russia putting ‘more and more forces’ into Donbas battle, says Zelensky EU

Russia putting ‘more and more forces’ into Donbas battle, says Zelensky

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Ukraine’s Volodymyr Zelensky said the situation on the front lines in the east of the country was getting tougher, with Russia throwing more and more troops into battle, hours after the two sides agreed to exchange dozens of prisoners of war. Earlier on Saturday, Ukrainian officials said a serious accident at a high-voltage substation had caused widespread power outages in and around the southern port city of Odesa, leaving half a million people without power. Follow our live blog to see how the day’s events unfolded. All times are Paris time (GMT+1).

Countering US subsidies: Is a ‘Made in Europe’ investment plan realistic? EU

Countering US subsidies: Is a ‘Made in Europe’ investment plan realistic?

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For months, European leaders have sought a united response to the US Inflation Reduction Act, or IRA. That plan, announced by the White House last year, favours American-made climate technology through subsidies and tax credits. But EU chiefs say the policy discriminates against Washington’s closest partner, Europe. The panelists in this debate agree that that the IRA poses a major challenge to the European economy, but disagree on the way forward. “We need a major subsidy programme to re-industrialise Europe,” says MEP Martin Schirdewan. But MEP Christophe Hansen counters: “Fighting subsidies with subsidies is the wrong way. It will play big EU countries off against small ones, and damage the internal market, which is turning 30 years old,” he says.

Canary Islands: La Palma volcano goes silent, but anger rumbles on EU

Canary Islands: La Palma volcano goes silent, but anger rumbles on

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After lying dormant for half a century, the Cumbre Vieja volcano on La Palma, in Spain’s Canary Islands, suddenly exploded in a river of fire on September 19, 2021. The eruption lasted for 85 days. No one was killed, but more than 1,000 homes were destroyed, as well as 70 kilometres of roads. Some 350 hectares of banana plantations were covered with lava. The eruption dealt a huge blow to the island’s economy. Almost a year and a half later, around 100 residents are still being housed in hotels and many continue to wait for the financial aid promised by the Spanish authorities. FRANCE 24’s C?line Schmitt and Armelle Exposito report.

Pension reform poses biggest challenge to Macron’s legacy as a reformer EU

Pension reform poses biggest challenge to Macron’s legacy as a reformer

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A feeling of d?j? vu pervaded the French capital on Monday as hundreds of thousands of protesters unfurled their posters and strikes paralysed public transport in opposition to the government’s announced pension reform. The proposed changes, a cornerstone of Macron’s reform agenda but also a high-stakes test of his reputation as a reformer, are particularly controversial at a time when many French households are struggling with inflation and rising energy prices.

Debunking claims that US Abrams tanks were seen in Poland EU

Debunking claims that US Abrams tanks were seen in Poland

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In a video circulating on social media, some users claim to show American M1 Abrams Tanks and military infantry vehicles in Poland that are allegedly heading to Ukraine. These false claims began to circulate online on January 25, when President Joe Biden announced that US Abrams tanks would be delivered to Ukraine. We tell you where this video was actually filmed in this edition of Truth or Fake.

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