Keywords: EU
Hungary’s incoming prime minister Peter Magyar is set to travel to Brussels this week for informal discussions with European Commission President Ursula von der Leyen, focusing on unlocking European Union funds that have been frozen amid political disputes. Magyar, who won a decisive victory in......
European Union maize planting is expected to fall to around 7.9 million hectares in the 2026 to 2027 season, marking its lowest level since the start of the century as rising input costs linked to the conflict in Iran weigh on farmers during spring sowing. The decline reflects several years of shrinking......
Russia has warned of “severe” retaliatory measures after the European Union approved its 20th package of sanctions targeting Moscow, escalating economic pressure linked to the war in Ukraine. Russian diplomats rejected the measures as illegitimate, arguing that only sanctions authorized by......
The European Union has adopted a sweeping ban on cryptocurrency transactions involving service providers based in Russia and Belarus, marking a major escalation in its sanctions regime. The measures form part of the bloc’s 20th sanctions package targeting Moscow and its allies, shifting from selective......
French President Emmanuel Macron called for a diplomatic approach to Iran and rejected Washington’s strategy during a European Union summit, warning that escalating tensions risk destabilizing global markets. Speaking at the gathering in Agia Napa, he said negotiations with Tehran must rely on......
China has imposed an immediate ban on the export of dual use goods to seven European companies, escalating tensions with the European Union and signaling a broader use of trade controls as a geopolitical tool. The measure targets firms linked to defense and aerospace activities in Belgium, Germany and......
Ambassadors of the European Union are expected to approve a €90 billion loan package for Ukraine, removing a key financial obstacle as Kyiv continues to resist the Russia invasion. The vote is scheduled at the Committee of Permanent Representatives in Brussels and follows a shift in Hungary’s......
Germany has reaffirmed its opposition to suspending the association agreement between the European Union and Israel, despite growing calls from several EU member states to reconsider the bloc’s relationship with Tel Aviv. German Foreign Minister Johann Wadephul stated that suspending the agreement......
European electricity prices have fallen below levels seen before the Middle East conflict, driven by a combination of expanding renewable energy output and a sharp decline in natural gas prices. The drop accelerated after Iran announced the reopening of the Strait of Hormuz, easing concerns over energy......
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