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EU watchdog to tackle banks with too few women on boards

The European Union's banking watchdog said on Tuesday it will crack down on the 28% of banks it found to have failed to implement a mandatory policy on boardroom diversity.…

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ECB survey sees moderating inflation, rising wage expectations

Inflation expectations among euro zone consumers dropped in January but expectations for wage growth continued to rise, adding to fears wage growth will slow efforts to control prices, a European…

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EU rewrites climate diplomacy deal to resolve nuclear sticking point

European Union countries intend to push for a global phasing out of fossil fuels among their climate diplomacy priorities this year, which the bloc hopes to approve this week after…

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EU closer to joint arms-buying to aid Ukraine but hurdles remain

The European Union is edging closer to a landmark move into joint procurement of ammunition to help Ukraine and replenish members' stockpiles but major questions regarding funding and scale remain…

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Euro zone retail sales weaker than expected in January

BRUSSELS, March 6 (Reuters) - Euro zone retail sales rebounded much less than expected month-on-month in January and were still lower than 12 months earlier, underlining the weakness of consumer…

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WhatsApp agrees to comply with EU rules, will be more transparent, EU says

By Foo Yun Chee and Charlotte Van Campenhout BRUSSELS, March 6 (Reuters) - Meta Platforms' META.O WhatsApp has agreed to be more transparent about changes to its privacy policy introduced…

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ECB’s Lane sees signs strong inflation is easing

FRANKFURT, March 6 (Reuters) - Inflation in the euro zone remains high but there are signs it is easing, the European Central Bank's chief economist Philip Lane said on Monday…

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Euro zone investor morale unexpectedly falls in March

BERLIN, March 6 (Reuters) - Investor morale in the euro zone fell unexpectedly in March for the first time since October, dragged down by a decline in expectations as the…

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ECB facing high core inflation in the near term, Lagarde says

FRANKFURT, March 5 (Reuters) - Underlying inflation in the euro zone will stay high in the near term so a 50 basis point European Central Bank interest rate increase later…

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EP President Roberta Metsola visits Ukraine

European Parliament President Roberta Metsola said that she has hope that the EU accession negotiations could begin as early as this year. She said she was impressed by the pace at which…

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Von Der Leyen announces agreement on prosecuting Russia for war crimes

DPA - At an international conference in the western Ukrainian city of Lviv this weekend, an important first step is to be taken to hold Russia accountable for war crimes.…

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Euro zone recovery gathers pace, allays fears of recession-PMI

LONDON, March 3 (Reuters) - The recovery in euro zone business activity gathered pace last month as growth accelerated in the bloc's dominant services industry, a survey showed, providing the…

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Euro zone January PPI falls 2.8% m/m

March 3 (Reuters) - The European Union's statistics office Eurostat released the following data on producer price growth in the euro zone in January. Industrial producer prices on the domestic…

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Ukraine war is a war between democracy and autocracy – Sakharov laureate

The Russian invasion of Ukraine and the subsequent war is not merely a clash between two nations but a war between two systems, authoritarianism and democracy. As a result, Ukraine…

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European Commission plans to revamp driver permit rules and to ensure bad drivers face bloc-wide sanctions

The EU aims to halve traffic deaths by 2030, but the trend is moving in the wrong direction — prompting the European Commission this week to present plans to revamp…

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UPDATED: EU delays vote on combustion engine phaseout after German pushback

By Kate Abnett and Miranda Murray BRUSSELS, March 3 (Reuters) - European Union countries have delayed a planned vote next week on the bloc's landmark law to end sales of…

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ECB’s Wunsch: Rate of 4% can’t be excluded if core inflation stays high

BRUSSELS, March 3 (Reuters) - The European Central Bank could consider raising its key interest rate as high as 4% if underlying inflation in the euro zone remains persistently high,…

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Biden and EU’s von der Leyen to meet amid subsidies dispute

(Reuters) - European Commission President Ursula von der Leyen will discuss clean energy and supply chains with President Joe Biden in Washington on March 10, the White House said, as…

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EU’s Vestager says scrutiny of competition in metaverse already needed

By Foo Yun Chee BRUSSELS, March 2 (Reuters) - The metaverse, shared virtual worlds accessible via the Internet, is the next digital market to attract regulatory scrutiny, EU antitrust chief…

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Euro zone inflation eases in February but core prices surge

FRANKFURT, March 2 (Reuters) - Euro zone inflation fell less than expected last month and underlying price growth surged, reinforcing the case for the European Central Bank to keep raising…

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ECB’s Lagarde says more rate hikes ‘possible’, depending on data

MADRID, March 2 (Reuters) - European Central Bank President Christine Lagarde said on Thursday that further interest rate hikes are "possible" after March, depending on the incoming data. "At this…

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EU watchdog says it will visit banks to check on their crisis plans

The European Union's body for winding down failing banks said on Wednesday it would begin on-sight inspections of leading euro zone lenders to check they can be wound down without taxpayer aid…

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EC appoints a new Head of Representation in Malta

Lorenzo Vella has been appointed as new Head of the European Commission Representation in Valletta. In this function, he will act as the official representative of the European Commission in Malta…

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EU legislators strike deal on a new standard to fight greenwashing in the bond markets

EU negotiators on Tuesday struck a deal creating the first best in class standard for the issuing of green bonds. The “European Green Bonds Standard” (EUGBS), which companies issuing a…

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Dutch warn against internet toll as EU looks to Big Tech to fund networks

The Netherlands on Monday warned against hitting Big Tech with a so-called internet toll to help pay for billions of euros in network investments, saying such a move may breach…

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EU antitrust regulators scrap investigation into Coca-Cola, bottlers

EU antitrust regulators on Tuesday scrapped an investigation into potential anti-competitive practices by The Coca-Cola Co and its bottlers, Coca-Cola Europacific Partners and Coca-Cola Hellenic, citing insufficient ground for the…

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Spain, Netherlands back quick deal on EU power market reform

Spain and the Netherlands have backed a rapid deal on an upcoming revamp of Europe's electricity market, as countries seek to reduce power costs and help their industries compete in…

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UK PM Sunak: New Northern Ireland deal not about any one political party

New post-Brexit trading arrangements agreed between Britain and the European Union are about improving the situation for the people of Northern Ireland, not any one political party, Prime Minister Rishi Sunak…

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EU’s von der Leyen to meet Britain’s King Charles

LONDON (Reuters) - European Commission President Ursula von der Leyen will meet King Charles at Windsor Castle during her visit to Britain on Monday to finalise talks with the British…

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EU’s von der Leyen to travel to UK for Northern Ireland Brexit talks – joint statement

LONDON, Feb 26 (Reuters) - The leaders of Britain and the European Union will hold face-to-face talks in London on Monday as they seek to finalise a new deal for Northern Ireland's…

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China’s EU ambassador says EU leaders may visit China by mid-2023

BEIJING, Feb 26 (Reuters) - Chinese ambassador to the European Union Fu Cong said European Commission President Ursula von der Leyen and European Council President Charles Michel may visit China in the…

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Zelensky praises EU’s latest sanctions package against Russia

BRUSSELS, Feb 25 (Reuters) - The European Union vowed to increase pressure on Moscow "until Ukraine is liberated" as it adopted a tenth package of sanctions on Russia on Saturday, a day…

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UPDATE – EU adopts fresh sanctions amid vow to ramp up pressure on Moscow

BRUSSELS, Feb 25 (Reuters) - The European Union vowed to increase pressure on Moscow "until Ukraine is liberated" as it adopted a tenth package of sanctions on Russia on Saturday, a day…

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EU bans its diplomats from using TikTok

The European Union's diplomatic service is banning its staff from using the Chinese-owned social media application TikTok on work phones and private phones with work-related apps installed, it said Friday.…

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ECB could still need big rate hike beyond March, Nagel says

Feb 24 (Reuters) - The European Central Bank may still need to raise interest rates significantly beyond March as inflation, particularly underlying price growth, remains too high, Bundesbank President Joachim…

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EU regulator recommends against approval for Merck’s COVID pill for adults

Feb 24 (Reuters) - The European Union's drug regulator said on Friday its Committee for Medicinal Products for Human Use has advised against market authorisation of the COVID-19 pill from…

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Op-Ed: Ukraine is Europe – Roberta Metsola

Ukraine is Europe (Ukrainian version below) by Roberta Metsola, President of the European Parliament The world we knew radically changed on 24 February 2022. On that day and for every…

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EU fails again to agree new Russia sanctions, talks to resume Friday

BRUSSELS (Reuters) - European Union countries on Thursday failed to agree on a new set of sanctions against Russia, missing a planned deadline to have them in place for the…

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ECB posts loss as it pays price for its own rate hikes

FRANKFURT, Feb 23 (Reuters) - The European Central Bank made a loss last year as its own interest rate increases forced it to write down the value of some bonds…

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EU manufacturers eye offshore wind turbine plants in Vietnam

By Francesco Guarascio HANOI, Feb 23 (Reuters) - European manufacturers are considering investing hundreds of millions of dollars in Vietnam to build wind turbines plants, sources familiar with the situation…

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EU eyes Big Tech as it seeks feedback on who should pay network costs

By Foo Yun Chee 12-week consultation will end May 19 "We hope to move very quickly" -Breton Tech firms oppose the idea, call it an internet tax By Foo Yun…

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Von der Leyen in Sicily: European solution on migrants possible

A European solution on migrants is possible, European Commission President Ursula von der Leyen said at the university of Palermo Thursday. "We must fight smugglers and traffickers, dialogue with partner…

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Euro zone inflation marginally higher in Jan; core also lifted

FRANKFURT, Feb 23 (Reuters) - Euro zone inflation was only a touch higher in January than earlier estimated, Eurostat said on Thursday, confirming that price growth is now well past…

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UPDATED: European Commission staff banned from using TikTok

The European Commission has banned staff from using the Chinese social media app TikTok over security concerns, in the latest example of growing strains between Beijing and the West. Western…

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Bulgaria could adopt the euro from 2025 if ready -EU’s Dombrovskis

SOFIA, Feb 23 (Reuters) - Bulgaria could join the euro zone from January 2025 if it meets all entry criteria, the European Commission Vice-President Valdis Dombrovskis said on Thursday. Bulgaria…

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Photo Story: European Commission President Ursula von der Leyen in Sicily

European Commission President Ursula von der Leyen on Wednesday evening pays homage to judge Giovanni Falcone, his wife Francesca Morvillo and the escort agents murdered by the mafia in 1992,…

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EU still has not agreed on anniversary Russia sanctions, more talks Thursday

BRUSSELS (Reuters) - European Union countries did not reach agreement on Wednesday about new sanctions against Russia, and planned more talks to have the package ready for the one-year anniversary…

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EU close to deal on 10th sanctions package against Russia

BRUSSELS, (Reuters) - The European Union is close to a 10th sanctions package against Russia for its invasion of Ukraine and EU governments hope to reach a deal on Wednesday…

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Ireland hails protocol progress, says Sunak deserves space to seal deal

Ireland's prime minister said Britain and the European Union have made "huge progress" on easing post-Brexit trade rules for Northern Ireland and that British Prime Minister Rishi Sunak should be…

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EU countries mull curbing Russia sanctions dodging via trade tools, access to EU market

Twelve EU countries are calling on the European Union to stop companies and third countries from circumventing EU sanctions on Russia by using trade and access to the European single market as leverage, a…

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EU expansion crucial for peace in Bosnia, says last President of Yugoslavia

Bosnia and Herzegovina gained European Union candidacy status last December, nearly two decades after the country stated its desire to join the bloc, but the question of eventual EU membership…

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EU foreign policy chief: China providing arms to Russia ‘would be red line’

The EU's top diplomat warned China against providing Russia weapons for its war on Ukraine, after Beijing dismissed US allegations that it was considering sending arms. Josep Borrell said he…

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EU calls for fast-track crypto capital rules for banks

By Huw Jones LONDON, Feb 20 (Reuters) - Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union's pending banking law if Europe wants to avoid…

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EU to include Iranian judges on sanctions list, Luxembourg’s Asselborn says

BRUSSELS, Feb 20 (Reuters) - The European Union will impose sanctions against dozens of Iranians, including judges, for their role in imposing death penalties on protesters, Luxembourg's Foreign Minister Jean…

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UPDATED: Delivering ammunition to Ukraine could determine outcome of war, Borrell says

BRUSSELS, Feb 20 (Reuters) - The European Union needs to ensure that Ukraine has enough ammunition to continue its fight against the Russian invasion, the EU's top diplomat said on…

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Google, Twitter, Meta face tougher EU online content rules

By Foo Yun Chee BRUSSELS, Feb 17 (Reuters) - Alphabet Inc's Google, Facebook parent Meta Platforms Inc and Twitter face stricter EU online content rules according to monthly user numbers…

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West must provide more military support to Ukraine – EU’s Borrell

MUNICH, Feb 19 (Reuters) - European Union foreign policy chief Josep Borrell said on Sunday the West must provide more military aid to Ukraine and speed up its deliveries. "Much…

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