EU may suspend Syria sanctions on energy and transport
The European Union may soon suspend sanctions on Syria related to energy and transport but has yet to agree on whether to ease restrictions on financial transactions, according to three diplomats and a document seen by Reuters.
EU rejects election in Belarus and threatens new sanctions
The European Union rejected the election in Belarus on Sunday as illegitimate and threatened new sanctions. Belarus held an orchestrated vote virtually guaranteed to give 70-year-old autocratic President Alexander Lukashenko yet another term on top of his three decades in power.
EU to target AI, biotech, cheap energy in global competitiveness push
AI, biotech and affordable clean energy will be the focus of an EU drive to make the bloc globally competitive and ensure it keeps pace with rivals the United States and China, according to a draft European Commission paper seen by Reuters.
EU military chief says it would make sense to put European troops in Greenland, Welt reports
The top European Union military official, Robert Brieger, said it would make sense to station troops from EU countries in Greenland, according to an interview with Germany's Welt am Sonntag published on Saturday,
EU leaders pressure Starmer to join defence scheme after Trump threatens Nato
Sir Keir Starmer is facing pressure from European leaders to join a €500 billion defence scheme, amid threats to Nato by Donald Trump.
Will European Auto Makers Gain Relief From EU CO2 Emission Rules?
The EU starts a probe January 30 into its troubled automotive industry. Automakers want relief from the existential threat of tightening CO2 rules.
EU Risks Falling Behind US and China, Economy Commissioner Says
The European Union needs to do more to keep up with the US and China, according to Economics Commissioner Valdis Dombrovskis.
EU needs to end its military dependency on the US and arm itself ‘to survive,’ says Tusk
The European Union cannot rely on the United States to defend it and must increase military spending and security preparedness to deter Russia from targeting more of its neighbors after Ukraine, senior officials have warned.
International Paper Gains EU Nod for $7.2 Billion DS Smith Buy
BRUSSELS (Reuters) - U.S.-based International Paper secured EU clearance for its 5.8-billion-pound ($7.2 billion) acquisition of UK rival DS Smith with a pledge to sell assets to address competition concerns.
Danish lawmaker addressing EU tells Trump to ‘f--- off’ over Greenland bid
President Trump ruffled feathers with his plan to buy Greenland, and a Danish MEP is pushing back in a coarsely worded response put in 'words [he] might understand.'
Zooming in on the EU Taxonomy’s value
Despite sustainable finance headwinds, EU Taxonomy reporting growth is encouraging. Bloomberg data shows a significant increase in Taxonomy alignment and reveals that large EU firms are also becoming more sustainable.
The EU AI Act: A Double-Edged Sword For Europe’s AI Innovation Future
One of the main problems of the EU AI Act is its risk-based approach to AI regulation. Under the Act, AI systems are classified by their risk level, and high-risk systems will be subject to the most strict requirements. This classification system is problematic for several reasons: