Page 31 - European Union

Big online companies face 0.1% supervisory fee under new EU rules

The move comes as the Commission seeks new sources of revenue to fire up the region's economic growth in the wake of the pandemic and also foster a greener and more digital economy

Ukraine crisis: European Union expels 19 Russian diplomats from Belgium

The move comes amid blistering criticism of Russia's war in Ukraine and discussions on a new set of sanctions targeting the Kremlin for the Feb. 24 invasion of its neighbour

US stops Russian bond payments; EU proposes coal ban in sanctions

'Act Immediately Or Dissolve Yourself': Zelenskyy at UNSC

Oil steadies as coronavirus worries offset more Russia sanctions

Oil prices steadied in volatile trade on Tuesday as growing worries about coronavirus demand destruction offsets supply concerns as the US and Europe plan to impose new sanction on Russia

European Union proposes Russian coal ban in new sanctions

Russian coal would be easier to replace than Russian gas because coal comes by ship and there are multiple global suppliers

Euro wallows on Ukraine sanctions worries, Aussie calm before RBA

By Kevin Buckland

EU to discuss another package of sanctions against Russia on April 6

The European Union is mulling additional sanctions against Russia and relevant proposals will be discussed on Wednesday, The Financial Times reported."Further EU sanctions & support are on their way," President of the European Council Charles Michel said on Twitter on Sunday, drawing attention to the events in Bucha.The Financial Times said on Sunday, citing a diplomat with knowledge of the plans, that EU ambassadors are expected to discuss a fresh round of anti-Russia sanctions on Wednesday.The new restrictions could target individuals, but could also include a ban on Russian ships using EU ports. Export and energy supply restrictions are also possible, The Financial Times said.Italian Foreign Minister Luigi Di Maio said on Sunday that Western countries could introduce french sanctions against Russia over the Bucha incident.The Kiev authorities and the media have been spreading video footage, allegedly from the Ukrainian town of Bucha near Kiev, with the bodies of allegedly ...

Ukraine strike on Russian territory reported as talks resume

The governor of Russia's Belgorod region said an airstrike on Russian soil by a pair of helicopter gunships caused fires and wounded two people

Europe pursues payment response as Russian gas supply threat eases

European capitals have been on alert for a disruption to gas imports for weeks as President Vladimir Putin seeks retaliation over Western sanctions for Russia's invasion of Ukraine

Ukraine crisis: German official calls for more sanctions against Russia

Germany's economy minister says Europe should impose additional sanctions on Russia to prevent what he described as a barbaric war in Ukraine

US, EU in high-level talks on Russia discuss how to further isolate Moscow

US and EU delegations during their first high-level dialogue on Russia discussed additional steps they may take to further isolate Moscow

Ruble becomes best-performing currency in March; soars to 83 to the dollar

The ruble appreciated to 83 to the dollar intraday on Tuesday against a record low of 139 on March 7.

Foiled new assassination plot against Zelenskyy, claims Ukraine official

According to The Kyiv Post, a group of 25 people led by the Russian special services was captured near the Slovakia-Hungary border.

EU Coordinator, Iran's Negotiator hold talks on Vienna nuke negotiations

EU Coordinator for the Iran nuclear talks and Iran's Chief Nuclear Negotiator held talks in Tehran over the Vienna negotiations aimed at the revival of the 2015 Iranian nuclear deal

Ukraine's globalisation lesson

Actually, interconnectedness and co-dependence preserve strategic autonomy

EU envoy held talks in Tehran amid hopes to restore nuclear agreement

Leading European Union envoy held talks in Tehran on Sunday, Iran's state-run media reported, amid hopes that an agreement to restore Iran's tattered nuclear deal with world powers could be completed

Apple alarmed at allowing third-party app stores under new EU law

The upcoming European Union (EU) digital law has alarmed Apple as the tech giant would be forced to allow users to install apps from outside the App Store.

EU Coordinator to travel to Iran to close gaps for nuclear deal talks

The European Union (EU) Coordinator for the Iran nuclear talks, Enrique Mora has said he will travel to Tehran on Saturday to close the gaps on reviving the 2015 Iran nuclear deal

US, European Union strike LNG deal to undercut Russian energy

The EU is aiming to cut its dependency on Russian gas by two-thirds this year and end all Russian fossil fuel imports by 2027 due to Russia's invasion of Ukraine.

New EU rules regulating US tech giants likely to set global standard

The Digital Markets Act (DMA) sets out a list of dos and don'ts targeting each tech giant's core business practices