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Top StoriesEU Meets to Try to Break Gas Price Cap Impasse
Top StoriesExplainer-Europe’s Fiercely Contested Plan to Cap Gas Prices
Top StoriesEU Could Face Gas Shortage Next Year, Iea Warns
Top StoriesEU Countries Consider Lower Gas Price Cap – Documents
EU Sets Recycling, Reuse Targets to Cut Packaging Waste
Date: November 30, 2022
By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission proposed on Wednesday new rules to reduce packaging waste through increased recycled content in plastic drinks bottles and targets for reuse of take-way cups and materials used for online deliveries. Under the proposal, all 27 EU members will be required to reduce packaging waste per capita...
Ftx Collapse Shows Urgent Need to Finalise EU Crypto Rules, Says European Commission
Date: November 30, 2022
By Huw Jones LONDON (Reuters) -The “questionable practices” at now collapsed crypto exchange FTX would not have been allowed to happen under European Union rules that need to be finalised urgently, a senior European Commission official said on Wednesday. The crash in bitcoin led to a “crypto winter”, which saw the collapse of crypto exchange...
EU Sets Out Plans to Shift Derivatives Clearing From London to Frankfurt
Date: November 29, 2022
By Huw Jones LONDON (Reuters) -Banks and other market participants in the European Union will have to prove to regulators that they are not overly reliant on clearing houses in London for processing their derivatives transactions, an EU draft document seen by Reuters showed. The EU has long wanted to end heavy reliance on London-based...
EU to Propose Natural Gas Price Cap After Nov. 24 Meeting
Date: November 17, 2022
By Kate Abnett SHARM EL-SHEIKH, Egypt (Reuters) – The European Commission plans to propose a cap on natural gas prices after Nov. 24, as it seeks to contain an energy crisis stemming from Russia’s invasion of Ukraine, the EU’s energy policy chief told Reuters on Wednesday. The 27-country European Union has for months debated whether...
EU Proposes Tighter Vehicle Pollution Emission Standards
Date: November 10, 2022
By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission proposed on Thursday broadly tighter limits for vehicle emissions of harmful nitrogen oxides and particulates, including new standards for pollution from brakes and tyres. The European Union has progressively tightened limits since “Euro 1” in 1992. The next standard, Euro 7, is designed to apply to...
EU Gas Stocks Could Fall Short Next Year, Commission President Warns
Date: November 9, 2022
By Gabriela Baczynska BRUSSELS (Reuters) -The European Union will struggle to fill its gas storage tanks next summer, the head of its executive warned on Wednesday as she announced measures to boost renewable energy supply but stopped short of backing a price cap that has split opinion across the region. Adressing the European Parliament, European...