european-commission
Top StoriesGreek PM Warns of Populism if Europe Fails to Tackle Energy Crisis
Top StoriesEU’s Full Ban on Russian Coal to Be Pushed Back to mid-August -Sources
Top StoriesEU States Raise Questions on Coal Ban, New Russia Sanctions – Sources
Top StoriesEU Countries Hunt for Global Coal Stocks as Russian Ban Looms
EU Countries Seek ‘solidarity’ Fix to Urgently Fill Gas Storage
Date: April 5, 2022
By Kate Abnett BRUSSELS (Reuters) – European Union countries are wrangling over how to rapidly fill their gas storage ahead of next winter and share the burden of quickly buying large stocks at current sky-high prices. Europe is facing a race to build a buffer of stored gas ahead of winter, to help cope with...
EU to Propose Import Ban on Russia Coal, Chemicals, Wood -Source
Date: April 5, 2022
By Francesco Guarascio BRUSSELS (Reuters) -The European Commission will propose on Tuesday to EU nations sweeping new sanctions against Russia, including banning imports of coal, wood, chemicals and other products worth about 9 billion euros ($9.86 billion) a year, an EU source told Reuters. The European Union is also to propose a ban on exports...
EU Widens Market Access for U.S. Derivatives Clearers and Exchanges
Date: April 4, 2022
By Huw Jones LONDON (Reuters) – The European Union said on Monday it has widened access for U.S. exchanges and clearing houses to investors in the bloc, a move which contrasts with Brussels’ intention to shut off clearing houses in London in 2025. The EU’s executive European Commission said a number of exchanges in the...
EU Weighs Driver Data Rules, Pitting Insurers Against Auto Giants
Date: March 31, 2022
By Carolyn Cohn and Huw Jones LONDON (Reuters) – The European Union has launched a public consultation on possible rules to ensure fair access to drivers’ data, pitting the powerful insurance and auto industries against one another in a battle to monetise digital information. The bloc’s executive European Commission said in a call for evidence...
EU Should Have Its Own Full Budget to Stabilise Economy, Survey Suggests
Date: March 28, 2022
By Jan Strupczewski BRUSSELS (Reuters) – The European Union should, like national governments, have a proper budget it could use to stabilise the bloc’s economy if needed, a European Commission survey of academics, think-tanks and other bodies and individuals has suggested. The 27-nation EU currently has a budget that focuses mainly on equalising living standards...
EU Plans Joint Gas Purchases but at Odds Over Russia Oil Embargo Amid Energy Crunch
Date: March 25, 2022
By Philip Blenkinsop and Ingrid Melander BRUSSELS (Reuters) -European Union leaders on Friday backed plans to buy gas jointly and won a pledge from the United States to supply them with more LNG, both steps aimed at helping the bloc face an energy crunch heightened by Russia’s invasion of Ukraine. “We’re coming together to reduce...