european-commission
Top StoriesHow a Russian Billionaire Shielded Assets From European Sanctions
Top StoriesEU Summit Will Not Decide on Gas Price Cap – EU Commissioner
Top StoriesEuro Zone Sentiment Barely Changed in May, Inflation Expectations Ease
Top StoriesEU Agrees Common Purchase of Vaccine, Antiviral Against Monkeypox, Paper
Exclusive-Europe Aims to Revive Magnesium Output by 2025 to Cut China Reliance
Date: May 20, 2022
By Eric Onstad LONDON (Reuters) – EU policymakers have launched a drive to restart domestic output of magnesium, used in aluminium and steel products, with at least three firms working on projects, according to documents and officials. A European Commission staff working document made available to Reuters places a new emphasis on magnesium and a...
EU Lawmakers Move to Block Green Investment Label for Gas and Nuclear
Date: May 20, 2022
By Kate Abnett BRUSSELS (Reuters) – European Union lawmakers will attempt to block a plan to label gas and nuclear energy as sustainable investments as Europe wrestles with reducing its carbon dioxide emissions to address climate change. The European Commission, which is the EU executive, this year proposed including gas and nuclear in the bloc’s...
EU Leaders to Agree to Set up Ukraine Reconstruction Fund, Vague on Detail
Date: May 20, 2022
BRUSSELS (Reuters) – European Union leaders will agree on May 30 to set up a fund for the reconstruction of Ukraine once the war with Russia ends, but will remain vague on how it would be financed, draft conclusions of the summit, seen by Reuters, showed on Friday. The European Commission proposed on Wednesday to...
Spain’s Economy Could Grow Around 4% in 2022, Central Bank Says
Date: May 18, 2022
By Jesús Aguado and Emma Pinedo MADRID (Reuters) -The Spanish economy could grow around 4% in 2022, half a percentage point less than expected in April, as rising inflation hurts consumer confidence and international trade slows, the Bank of Spain said on Wednesday. The lower envisaged growth rate would bring it in line with the...
EU Makes Plans to Tackle Energy Price Spikes, Any Russian Gas Cut-Off
Date: May 18, 2022
BRUSSELS (Reuters) – The European Union can limit the impact of high energy prices through joint gas purchases, potential use of windfall profits and a possible price cap if Russia cut gas supplies, the European Commission said on Wednesday. European energy prices hit record highs this year after the invasion of Ukraine by Russia, Europe’s...
EU Says Gas Supply Not at Risk From Ukraine Transit Issue, Blames Moscow
Date: May 12, 2022
By Kate Abnett BRUSSELS (Reuters) -Ukraine’s announcement on Tuesday that it would suspend the flow of gas through a transit point bringing Russian fuel to Europe does not present a gas supply issue, the European Commission said on Thursday, blaming Moscow for the disruption. “While these developments may have an impact on part of the...