BRUSSELS, May 8 (Reuters) – The European Union’s executive has proposed blacklisting several Chinese companies and curbing exports to nations seen as involved in bypassing Russia trade restrictions under new sanctions against Moscow for the war against Ukraine. The 27 … Read More
After months of negotiations and two years after draft rules were proposed, EU lawmakers have reached an agreement and passed a draft of the Artificial Intelligence (AI) Act, which would be the first set of comprehensive laws related to AI … Read More
Croatia, the European Union’s newest member, adopts the euro as its currency on Jan. 1. The move vaults the nation of around 4 million people into the EU’s core, making payments easier and cheaper and giving its financial system a … Read More
Exxon Mobil is suing the European Union in an attempt to force the bloc to scrap its new windfall tax on oil companies, according to reports on Wednesday. The US oil giant argues Brussels has gone beyond its legal authority … Read More
After months of political bickering that has seen a dizzying succession of draft proposals, joint letters, emergency meetings and increasingly exasperated statements, the European Union on Monday approved the first-ever cap on gas prices. EU ministers hammered out a deal on … Read More
Belgian prosecutors have charged four people with corruption, money laundering, and participating in a criminal organization. European Parliament Becomes Focus of Corruption Scandal Belgian prosecutors charged four individuals on Sunday for their alleged involvement in a suspected Qatari bribery campaign … Read More
Finnish Prime Minister Sanna Marin on Friday offered a ‘brutally honest’ assessment of Europe’s defence capabilities, stating bluntly that ‘we’re not strong enough’ to stand up to Moscow alone before warning against dependence on China. ‘We should make sure that … Read More
A drugs cartel believed to control up to a third of Europe’s cocaine trade was taken down in a six-country bust, with 30 tonnes of drugs seized, Europol said on Monday. The European policing agency had helped co-ordinate the takedown, with … Read More
The European Central Bank (ECB) on Thursday announced a record rate hike in a bid to stifle record inflation across the euro area. The ECB’s three key interest rates were each raised by 75 basis points. “This major step frontloads … Read More
On 1 January, Sweden launched its Psychological Defense Agency, which will work to identify, analyze and respond to inappropriate information influences and other information directed against Sweden or Swedish interests. It is part of the Swedish concept of “Total Defense.” … Read More