Italy calls for suspension of EU carbon market

Italy’s Industry minister Adolfo Urso urged the European Union to suspend its carbon market until the bloc presents a revised proposal due this summer, citing the hardship faced by European businesses because of high power and carbon costs. ADVERTISING ADVERTISING The Emissions Trading System (ETS) is the bloc’s mechanism for making companies pay for their […]

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Brussels seeks EU-wide jail sentences for firearms offenses including 3D-printed weapons

The possession, manufacture and trafficking of illicit firearms could soon carry prison sentences ranging from two to eight years across the entire European Union, under a new proposal unveiled by the European Commission on Thursday. ADVERTISING ADVERTISING The draft directive presented by the EU executive in Brussels plans to harmonize how firearms-related offenses are defined […]

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Lagarde: Falling inflation still ‘doesn’t feel real’ for households

Reducing the gap between perceived and actual inflation could significantly benefit the euro area economy, European Central Bank (ECB) President Christine Lagarde said during a debate with EU lawmakers at the European Parliament on Thursday. ADVERTISING ADVERTISING “We pay close attention to households’ inflation perceptions, not only because these have an impact on economic activity […]

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Orbán proposes ‘fact-finding mission’ to Druzhba pipeline, admits ‘difficulties’ caused by his veto

Published on 02/26/2026 – 14:04 GMT+1 Hungarian Prime Minister Viktor Orbán has proposed that a “fact-finding mission” be deployed to the Ukrainian section of the Druzhba pipeline to assess the damage caused last month by a Russian attack, which precipitated a halt in oil deliveries. ADVERTISING ADVERTISING “It is in the interest of Hungary to […]

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Watch the video: Is Iceland planning to join the EU?

Published on 02/26/2026 – 12:49 GMT+1 US tariffs are biting. US President Donald Trump has threatened to annex nearby Greenland. And his nominee for ambassador just joked about making Iceland America’s 52nd state. ADVERTISING ADVERTISING With such friends around, suddenly Brussels bureaucracy looks incredibly appealing. Let’s investigate together. Iceland actually applied to join the EU […]

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