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EU wants fossil fuel sector to help pay to combat climate change, draft shows

Countries to agree U.N. climate finance goal this year EU wants fossil fuel firms to pay towards goal -draft Disagreements on which countries should pay climate funds By Kate Abnett…

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Apple hit with over 1.8 bln euro EU antitrust fine in Spotify case

By Foo Yun Chee BRUSSELS, March 4 (Reuters) - Apple was hit with an EU antitrust fine of over 1.8 billion euros ($1.95 billion) on Monday, its first ever, for…

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Italy to host main control centre for EU satellite constellation

ORTUCCHIO, Italy, March 4 (Reuters) - A space centre in the heart of Italy is set to host the main control site for the IRIS² EU satellite constellation, Italy's industry…

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Euro zone investor morale gains in March but no sign of spring revival

FRANKFURT, March 4 (Reuters) - Investor morale in the euro zone improved for the fifth consecutive month in March to its highest level since April 2023, a survey showed on…

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EU may exempt islands from proposed jet fuel tax until 2032

By Kate Abnett European Union countries are negotiating exemptions for a proposed EU-wide tax on polluting aviation fuel for islands, in a move that could benefit countries such as Ireland,…

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Borrell urges probe of civilians killed by Israeli fire at Gaza aid station

Israeli army fire killed Palestinian civilians during aid delivery operations in Gaza earlier this week, EU foreign affairs chief Josep Borrell charged on Saturday, calling for an international probe of…

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EU 2030 wind target within reach thanks to investment, improved permitting, industry body says

By Nina Chestney LONDON (Reuters) - The European Union's wind power target for 2030 is within reach due to a rebound in investment and improved permitting procedures, an industry association…

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EU holds back part of UNRWA payment but boosts Palestinian aid

By Gabriela Baczynska and Andrew Gray BRUSSELS, March 1 (Reuters) - The European Commission said on Friday it would hold back part of a payment of 82 million euros for…

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Nine European countries warn of subsidy race from easier state aid

Eight European Union countries and Iceland have written to the European Commission warning that a loosening of state aid rules could trigger a damaging subsidy race both globally and between…

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Meta targeted in privacy complaints by 8 EU consumer groups

By Foo Yun Chee BRUSSELS, Feb 29 (Reuters) - Meta Platforms was hit with privacy complaints on Thursday as eight EU consumer groups asked watchdogs to act against the Facebook…

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EU members fail to back supply chain audit law

By Philip Blenkinsop and Charlotte Van Campenhout BRUSSELS, Feb 28 (Reuters) - European Union countries blocked at a late stage on Wednesday a proposed law requiring large companies in the…

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EU deal on euro clearing ‘light’ on banks but a first step, EU official says

By Huw Jones LONDON, Feb 28 (Reuters) - The European Union's deal this month on rules to end the bloc's "over-reliance" on London for clearing derivatives is "light" on big…

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Record year for wind farms raises hope for EU green energy goals

By Kate Abnett BRUSSELS, Feb 28 (Reuters) - A record year for building new wind farms and a rebound in investments in the sector have raised hopes that the EU…

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EU’s von der Leyen proposes using frozen Russian profits for Ukraine’s military

BRUSSELS, Feb 28 (Reuters) - The European Union should consider using profits from frozen Russian assets to buy military supplies for Ukraine, European Commission President Ursula von der Leyen said…

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UPDATED: Asylum applications in EU at highest level since 2015/16 crisis

BERLIN, Feb 28 (Reuters) - Asylum applications in the European Union jumped 18% to 1.14 million in 2023, the highest level since the 2015-2016 migrant crisis, data from the European…

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EU Parliament passes nature law despite political backlash

By Kate Abnett EU Parliament approves contentious nature policy Law survives last-minute attempt to scrap it Farmers' protests pressure EU over green policies BRUSSELS, (Reuters) - The European Parliament approved…

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Euro zone lending stagnates as recovery remains elusive – ECB

Bank lending to companies and households in the euro zone stagnated last month, indicating the bloc's long-awaited economic recovery has yet to gain traction, European Central Bank data showed on…

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Economic activity in EU to regain pace through 2024 – report

Economic activity in the European Union is anticipated to gradually pick up throughout 2024 after a weak start to the year, according to the Commission’s latest economic forecast. As inflation…

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Farmers protest across Europe, press ministers to act

Farmers blocked a border crossing between Poland and Germany, threw bottles at police in Brussels and gathered in Madrid to demand action on cheap supermarket prices and what they say…

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EU adopts euro instant payments rules to take on Visa, Mastercard

BRUSSELS, Feb 26 (Reuters) - The European Union Council on Monday adopted rules to make instant payments in the euro currency fully available round-the-clock in a move it expected to…

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EU carbon border tax will do little to cut emissions, ADB study says

By David Stanway SINGAPORE, Feb 26 (Reuters) - A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to lead to…

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UPDATE 1-Protesting farmers jam Brussels with tractors as ministers meet

Farmers stage protest at EU headquarters Demand action to address low food prices, cheap imports EU ministers meet to consider more help for sector By Kate Abnett and Philip Blenkinsop…

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Meta to set up team to counter disinformation, AI abuse in EU elections

By Foo Yun Chee BRUSSELS, Feb 26 (Reuters) - Facebook owner Meta will set up a team to tackle disinformation and the abuse of generative artificial intelligence in the run-up…

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EU agriculture commissioner proposes policy shift as farmers protest

The EU should change conditions imposed on farmers to benefit from Common Agriculture Policy (CAP) funding, European Agriculture Commissioner Janusz Wojciechowski said in an interview with French newspapers of the…

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Frustration grows inside EU as German infighting hurts block’s goals

By Jan Strupczewski Once considered a vital engine of the European Union, Germany is causing growing consternation in capitals across the bloc as disagreements in its ruling coalition spill over…

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UK and EU to share intelligence on gangs trafficking migrants in new deal

Britain will gain access to the EU's intelligence on criminal gangs involved in human trafficking as part of a deal with the bloc's border protection agency, Frontex, in another sign…

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‘Good news’: Poland to get up to 137 bln euros in funds, says EU chief

By Anna Koper WARSAW, Feb 23 (Reuters) - Poland will gain access to up to 137 billion euros ($148 billion) in European Union funds, the head of the EU executive…

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France proposes starting EU Capital Markets Union with small group of countries

By Jan Strupczewski GHENT, Belgium, Feb 23 (Reuters) - France proposed on Friday that European Union member states which back the creation of Capital Markets Union should initially go it…

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EU’s new Anti-Money Laundering Authority to be based in Frankfurt

By Geert De Clercq The European Union's new Anti-Money Laundering Authority (AMLA) will be based in Frankfurt, Germany, the Belgian Presidency of the EU said, in a move the bloc…

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European satellite falls back to Earth after 29 years

A satellite has broken apart and reentered the Earth's atmosphere after almost three decades in orbit. Much of the ERS-2 satellite burned up in the atmosphere while some fragments fell…

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EU recovery fund boosted growth, investment, jobs -Commission

BRUSSELS, Feb 21 (Reuters) - The European Union's Recovery and Resilience Facility (RRF) has already boosted economic growth, jobs and investment half-way through the scheme and cushioned the negative impact…

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EU Commission eyes centralised spectrum policy in telecoms market revamp

European Commission unveils revamp o European telecoms market Commission may seek to manage radio spectrum Level playing field needed for telecoms operators, EC says Deadline for feedback set for June…

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EU strikes deal to strengthen air quality standards

BRUSSELS, Feb 21 (Reuters) - The European Parliament and EU member states reached a deal late on Tuesday to strengthen air quality standards across the 27-nation European Union, they said…

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EU approves 13th sanctions package against Russia

By Julia Payne, Andrew Gray and Gabriela Baczynska BRUSSELS, Feb 21 (Reuters) - EU members approved a 13th package of Ukraine-related sanctions against Russia on Wednesday, banning nearly 200 entities…

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EU’s democratic safeguards on financial aid fall short, auditors say

By Gabriela Baczynska BRUSSELS, Feb 21 (Reuters) - EU conditions for ensuring rule of law among member states before they can receive financial aid are not strong enough to completely…

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EU welcomes new Polish government’s plan to ‘restore rule of law’

The European Union on Tuesday welcomed Poland's plan to "restore the rule of law" and dismantle policies by the former nationalist government which led to the freezing of billions of…

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EU opens formal proceedings against TikTok under Digital Services Act

By Foo Yun Chee BRUSSELS, (Reuters) - The European Union will investigate whether ByteDance's TikTok breached online content rules aimed at protecting children and ensuring transparent advertising, an official said,…

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EU foreign ministers approve deployment of Red Sea naval mission

European Union foreign ministers have granted final approval for a naval mission aimed at safeguarding international shipping in the Red Sea area. Ursula von der Leyen, President of the European…

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Germany seeks more EU sanctions against Russia over Navalny’s death

By Piotr Lipinski and Bart H. Meijer BRUSSELS, Feb 19 (Reuters) - Germany will propose new sanctions against Moscow over the death of jailed Russian activist Alexei Navalny, Foreign Minister…

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UPDATED: EU’s von der Leyen wins backing for second term from Germany

Germany's centre right CDU party nominates Ursula von der Leyen as EU election candidate Von der Leyen still needs pan-European centre-right umbrella group (EPP) backing EPP ahead in polls despite…

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EU foreign ministers approve the Aspides mission in the Red Sea

The EU Foreign Affairs Council in Brussels has approved the launch of the new EU Aspides operation to protect Red Sea shipping from attacks by Houthi rebels in Yemen, Italian…

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EU, UK announce joint effort on migration

The EU and the U.K. have completed talks ahead of a new blueprint to crack down on illegal migration. The two parties will release details of the new cooperation agreement,…

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European Commission outlines upcoming defence strategy proposal

By Julia Payne The European Commission will present a defence industrial strategy proposal in three weeks, commission president Ursula von der Leyen said, and will also open a defence innovation…

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EU privacy watchdogs urged to oppose Meta’s paid ad-free service

By Foo Yun Chee BRUSSELS, (Reuters) - Europe's privacy enforcers should oppose Meta Platforms' paid no-ads subscription service launched in Europe last November because it requires users to pay a…

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Google to launch anti-misinformation campaign ahead of EU elections

By Martin Coulter LONDON (Reuters) - Google is preparing to launch an anti-misinformation campaign across five countries in the European Union (EU), the company told Reuters ahead of the bloc's…

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Euro zone finance ministers eye stock exchange mergers, document shows

By Huw Jones LONDON, Feb 15 (Reuters) - The European Union should consider tackling barriers that prevent stock exchanges from merging to help deepen the bloc's capital market or risk…

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EU Commission cuts 2024 euro zone growth forecast, sees smaller inflation

By Jan Strupczewski BRUSSELS, Feb 15 (Reuters) - The euro zone economy will grow slower than expected this year after price growth eroded purchasing power and high ECB interest rates…

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How climate change affects Europe’s farmers

By Kate Abnett Farmers protesting across Europe have taken aim at EU environmental rules, which they say are adding to a pile of burdens on the sector, from low consumer…

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US, EU discuss Russia sanctions ahead of Ukraine war’s second anniversary

By Daphne Psaledakis and Gabriela Baczynska The U.S., EU and other partners discussed Russia sanctions at a meeting in Brussels this week ahead of the two year anniversary of the…

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EU mulls easing merger rules for telecoms, Big Tech to help pay network costs

EU regulators may ease their rules against mobile telecoms mergers and broaden telecoms rules to get Big Tech and others to help fund the rollout of 5G, according to a…

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EU to step up efforts for more carbon markets worldwide

The European Union will increase diplomatic efforts to help countries outside the bloc to launch carbon markets in the hope of fostering international trade of CO2 emissions, the bloc's climate…

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EU lawmakers back political deal on artificial intelligence rules

Two key committees of lawmakers at the European Parliament on Tuesday backed a provisional agreement on landmark artificial intelligence rules ahead of a vote by the legislative assembly in April.…

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All for one, one for all, Poland’s Tusk says in message to U.S

There is no alternative to the partnership between Europe, NATO and the United States for facing mounting security risks, Poland's Prime Minister Donald Tusk said on Monday, as fears grow…

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EU agrees on looser fiscal rules to cut debt, boost investments

By Foo Yun Chee EU member states and MEPs struck a preliminary deal on Saturday to ease the bloc's stringent fiscal rules, giving governments more time to reduce debt as…

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European Commission to open investigation into TikTok

(Reuters) - The European Commission will open an investigation into TikTok in the coming weeks over concerns that changes the firm made to comply with the bloc's Digital Services Act…

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EU countries back truck emissions law after German hold-up

By Kate Abnett and Markus Wacket European Union countries voted to pass a law to reduce emissions from trucks, after late demands by Germany had threatened to sink the policy.…

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Euro zone wage growth to peak early in 2024, path further ahead unclear -new ECB tracker

Euro zone wage growth is likely to peak early this year but the path further ahead remains uncertain, a new forecasting tool developed by the European Central Bank showed on…

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