Page 26 - European Union

Macron proposes European political community to include nations outside EU

French President Emmanuel Macron believes that a "European political community" should be built that would be broader than the European Union

Lithuania FM says only safe way for West, allies is regime change in Russia

Lithuanian Foreign Minister Gabrielius Landsbergis said Putin's annual Victory Day speech was underwhelming and that the gloomy faces of generals and others were signs of failing in the Ukraine war

A recession in the US?

The inflation data over the coming six months will be critical

EU to enforce new Digital Markets Act to tame Big Tech in spring 2023

The Commission will act against any violations made by "gatekeepers", Meta, Apple, Google, Microsoft, and Amazon, as soon as the law comes into force

Ukraine war: Zelenskyy seeks 'united position' from EU on Russia sanctions

He also criticized the United Nations and the UN Security Council for their alleged ineffectiveness in preventing hostilities.

Imports from Russia surges 63% in March 2022, says Finnish customs

The value of imports from Russia was 1 billion euros ($1.06 billion) in March 2022 while the value of Finland's exports to Russia amounted to 184.4 million euros

EU tweaks plan for Russian oil sanction to aid reluctant states

Offers Hungary, Slovakia, Czech Republic more time to adapt

European farmers plan to use biogas to substitute Russian fossil fuels

The European Biogas Association says the European Union could quickly scale up the production of bio-methane, which is pumped into natural gas networks

Lithuania launches 508 km gas link with Poland costing 500 million euros

The European Commission provided around 60 percent of the funding, while Latvia and Estonia also contributed

Oil steadies near $110/bbl; strong US dollar offsets supply worry

Wall Street stocks tumbled as investors shed risky investments, worried the Fed might hike rates more this year to tame inflation

Live news: Russian negotiator accuses Kyiv of 'rolling back' on agreements

Live news updates: Some 344 people have been evacuated in and around the besieged city of Mariupol, says Ukraine's president.

Oil edges up 0.3% on EU's sanctions on Russia, proposed crude ban

The sanctions proposal, which was announced by European Commission President Ursula von der Leyen and needs unanimous backing by the 27 EU countries to take effect

Our dependency on Russian energy significantly reduced: German President

Germany's dependency on Russian oil is currently 15 percent, said President Frank Walter Steinmeier on Wednesday

India, France pledge to uphold peace, stability in Indo-Pacific region

Besides bilateral cooperation, India and France will continue to develop new partnerships in various formats with like-minded countries in the region and within regional organisations

Ukraine, UK sign preferential trade deal; abolish import duty, tariff quota

"Ukraine and the UK have legally enshrined the abolition of import duties and tariff quotas in bilateral trade by signing an agreement," the ministry was quoted as saying by Xinhua news agency

European Union takes major step toward Russian oil ban, new sanctions

The EU gets about 25% of its oil from Russia

Oil prices extend gains after news of EU's Russian oil ban proposal

A handful of eastern EU countries are concerned that the halt would not allow them enough time to adapt.

EU takes major step toward Russian oil ban, new sanctions imposed amid war

The European Union's top official on Wednesday called on the 27-nation bloc to ban oil imports from Russia and target the country's biggest bank and major broadcasters in a sixth package of sanctions

Oil bounces higher ahead of Fed moves, EU sanctions on Russian oil

The gains came on the back of news from Tuesday that the European Union would slap new sanctions on Russia for waging war on Ukraine

European Union leader calls for Russian oil ban in new set of sanctions

European Commission President Ursula von der Leyen also proposed that Sberbank, Russia's largest bank, and two other major banks be disconnected from the SWIFT international banking payment system.