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EU
The EU is revising the Tobacco Taxation Directive, proposing a 139 per cent increase in minimum excise duties on cigarettes. This overhaul also aims to establish EU-wide minimum taxes on vapes, heated tobacco products, and nicotine pouches, marking the most significant change in tobacco taxes in over a decade.
Wildfires are raging across Belgium, Germany, France, Croatia, Spain, and Greece amid extreme heat and dry conditions. In Belgium, a major blaze has consumed 3,000 hectares in the High Fens reserve, prompting the deployment of over 250 firefighters and international aid through the EU Civil Protection Mechanism.
Two Spanish F-18 fighter jets intercepted and destroyed an unidentified drone in Romanian airspace early on Sunday, 24 kilometres north of Galati. Defence Minister Miruta confirmed the incident, highlighting Romania’s role in the European Union’s defence and the importance of vigilance amid ongoing tensions with Russia and Ukraine.
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Sixteen European consumer groups, led by BEUC, have accused seven low-cost airlines of misleading practices regarding hand baggage fees, urging the EU to investigate and impose sanctions for violations of consumer laws.
After prolonged negotiations, Britain and the European Union have finally signed a comprehensive economic partnership deal, marking a turning point post-Brexit.
The UK and European Union have announced a comprehensive agreement aimed at resetting relations post-Brexit. Key elements include a commitment to work towards a common sanitary and phytosanitary (SPS) area, and aligning UK rules with EU standards on plant and animal health.
The £9bn GDP boost from the UK-EU trade agreement announced by Sir Keir Starmer translates to only 0.2% of GDP by 2040, far less than the estimated 4% negative impact of Brexit.
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