Browsing: European Commission

The European Commission has proposed a new round of sanctions against Russia, aiming to weaken its war economy, according to Commission President Ursula von der Leyen. The plan includes a full ban on maritime services linked to Russian crude oil, aiming to increase pressure on Moscow ahead of the war’s fourth anniversary.

Ahead of critical nuclear talks in Oman, former Israeli Prime Minister Ehud Olmert warned the US against underestimating Iran’s negotiating tactics, highlighting the significance of these discussions in shaping future relations and security dynamics in the region.

The European Union is set to sign a memorandum of understanding with the United States and Japan to enhance critical minerals supply chain security within 30 days, according to Stéphane Séjourné, the EU’s industry chief. This partnership addresses urgent supply dependencies revealed in a recent EU audit.

EU lawmakers, led by German MEP Bernd Lange, agreed to resume work on the EU-US trade deal, initially suspended due to tariff threats from US President Donald Trump. The move aims to provide certainty for European businesses amidst ongoing tensions over territorial sovereignty.

An extraordinary plenary session of the European Parliament, initiated by Parliament President Roberta Metsola, will take place on 24 February to approve a €90 billion loan to Ukraine, coinciding with the fourth anniversary of Russia’s invasion.

European Commission President Ursula von der Leyen plans to visit Australia later this month to advance a stalled trade agreement, contingent on upcoming negotiations between EU Trade Commissioner Maroš Šefčovič and Australian Trade Minister Don Farrell.

European Commission President Ursula von der Leyen announced the EU-INC initiative at the World Economic Forum, aimed at simplifying company formation across the EU. The proposal seeks to eliminate legal fragmentation, allowing startups to operate under a single online system by 2027.

European Commission President Ursula von der Leyen will convene a meeting on competitiveness in Leuven, addressing both economic strategies and internal tensions among commissioners. The seminar includes IMF Managing Director Kristalina Georgieva and focuses on implementing the competitiveness report by Mario Draghi.

Paraguay’s President Santiago Peña urged the European Union to implement the recently signed free trade agreement with Mercosur without delay, warning that stalling it amid rising geopolitical tensions would be a strategic mistake.

Former Italian PM Mario Draghi warns that the current world order is “dead,” urging Europe to unify on defence and…