Browsing: featured-eu

Trade tensions between China and the European Union are escalating, as Beijing urges EU states to reconsider the “Made in Europe” legislation. This proposal aims to restrict foreign access to EU public procurement, drawing sharp criticism from China, which threatens countermeasures if deemed discriminatory.

European Commission Vice-President Roxana Mînzatu announced a new anti-poverty strategy aimed at eradicating extreme poverty and social exclusion in the EU by 2050. The initiative seeks to address the plight of 92.7 million people currently at risk, despite lacking a dedicated budget for implementation.

Hungary has returned $40 million and 9kg of gold to Ukraine’s Oschadbank, seized during a March raid amid diplomatic tensions. President Zelenskyy lauded this as a crucial step in improving relations, following Hungary’s lift of a veto that previously stalled EU financial support for Ukraine.

Donald Trump has announced a tariff increase on European cars to 25%, prompting potential retaliatory measures from the EU. This development marks a significant escalation in trade tensions between the US and Europe, with implications for both economies.

EU Trade Commissioner Maroš Šefčovič on Tuesday urged the US to adhere to the EU-US trade deal established in Turnberry, as tensions rise over proposed US tariffs on EU cars. Šefčovič emphasised the need for a swift return to a 15% tariff cap amid ongoing negotiations.

Aung San Suu Kyi’s son, Kim Aris, is appealing to France for independently verified proof of his mother’s life after her transfer to house arrest by Myanmar’s military junta. Aris expressed concerns over her health, requiring guarantees of medical care and legal access following years of no communication.

Reports indicate that the recent tragic event in Portugal primarily affected undocumented foreigners, homeless individuals, and drug users. Authorities are focusing on the demographics of the victims as investigations continue into the circumstances surrounding the incident.

Foreign Minister Andrii Sybiha announced that Egypt has received a fourth shipment of stolen Ukrainian grain transported via Russia, accusing Cairo of breaching its commitments. This development raises ongoing concerns regarding Ukraine’s agricultural sovereignty and international grain trafficking.

Romania is currently grappling with significant economic challenges, including one of the highest budget deficits in the EU, soaring inflation, and a technical recession. This prolonged period of instability poses critical questions for the country’s financial future and governance.

European Commissioner for Trade Maroš Šefčovič is in Paris for critical discussions with US Trade Representative Jamieson Greer amid rising tensions over US tariff threats on European cars. French MEP Aurore Lalucq voiced scepticism towards US trustworthiness following a contentious trade deal, with further negotiations planned.