The European Union executive’s arm will meet with companies from the technology and semiconductor sector this week amid concerns from business that the bloc’s competitiveness drive is falling short. European Commission President Ursula von der Leyen is due to meet late on Wednesday with companies including ASML, a leading supplier of lithography systems to the […]
Continue ReadingGermany has agreed to relax its controversial border controls with Luxembourg. Instead of fixed checkpoints on the A64 motorway, which connects with Luxembourg’s A1 motorway, mobile checks are to be carried out near the Markusberg car park (not to be confused with the Markusbierg tunnel, which is on the A13 motorway approaching the border crossing […]
Continue ReadingThe European Union has given final approval to pay out its €90 billion loan to Ukraine, bringing much-needed relief to the war-torn country. The green light came after Hungary lifted its long-standing veto, allowing EU ambassadors to give their preliminary agreement on Wednesday. The decision became final on Thursday after no countries raised any last-minute […]
Continue ReadingLufthansa lost its fight at the European Union’s top court over the legality of its €6 billion German recapitalization at the height of the Covid-19 pandemic. The Court of Justice said Thursday it backed a lower tribunal’s ruling to annul the European Commission’s decision to approve Germany’s recapitalisation of the airline. The rulings support claims […]
Continue ReadingThe European Union proposed measures such as optimizing jet fuel distribution, as it unveiled a plan to navigate the energy crisis caused by the Iran war. “AccelerateEU” — announced by the European Commission on Wednesday — gives member states the tools to curb energy prices and address potential fuel shortages, without undermining the bloc’s climate […]
Continue ReadingSpain called for the European Union to penalize Israel over its actions in Gaza, reviving a push after Hungarian leader Viktor Orban’s loss potentially removed one of the bloc’s biggest obstacles to taking action. “We need to tell Israel clearly that it has to change course,” Spanish Foreign Minister José Manuel Albares told reporters on […]
Continue ReadingHungary’s incoming Prime Minister Peter Magyar presented the first steps he plans to take to regain access to European Union funding frozen due to corruption and rule of law concerns related to his predecessor’s policies. Summing up two days of talks with a delegation from the European Commission, Magyar on Sunday said his Tisza party […]
Continue ReadingThe European Union will run simulations of its mutual-assistance mechanism in case of attack, a clause in the bloc’s governing treaty that has become more relevant amid strains in Nato. These exercises would mimic the decision-making process if a member state called on the rest of the EU for military backup, according to a senior […]
Continue ReadingFrench president Emmanuel Macron said Europe must come up with a cohesive approach to protecting children online as the bloc grapples with how to regulate social networks. Macron spoke with the leaders of Germany, Spain, Italy, Greece and Ireland and European Commission President Ursula von der Leyen on Thursday. He said coordination would “strengthen both […]
Continue ReadingThe European Union will allow member states more flexibility to subsidise fuel and fertiliser prices to soften the impact of the price shock from the Iran war. However, any additional aid provided will have to be granted before the end of the year, with support for fuel limited to 50% of the extra costs from […]
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