european-commission
Top StoriesEuropean Telcos Set to Win Fight With Big Tech, Could Set Global Agenda
Top StoriesFour Countries Offer Help to Boost Azeri Gas Supply to Europe
Top StoriesEU Tells Countries Gas Price Cap Would Come With Risks
Top StoriesEU Countries at Odds Over Possible Gas Price Cap
Group of Countries Push EU for Gas Price Cap -Letter
Date: September 27, 2022
BRUSSELS (Reuters) – A group of European Union countries are pushing Brussels to produce plans this week for a bloc-wide cap on the price of gas, according to a letter seen by Reuters late on Tuesday. The EU proposed a package of emergency measures to tackle soaring energy prices earlier this month, but has steered...
Exclusive-With Eye on Big Tech, Energy Crisis, EU Telcos Call for Shared Network Costs
Date: September 26, 2022
By Foo Yun Chee BRUSSELS (Reuters) – Deutsche Telekom, Orange, Telefonica and 13 other European telecoms providers on Monday made their strongest push for Big Tech to share network costs, citing the energy crisis and EU climate change goals. The call comes as the European Commission prepares to seek feedback from both sides before making...
EU Considers More Action to Tame Energy Prices, Fix Liquidity Squeeze
Date: September 22, 2022
By Kate Abnett BRUSSELS (Reuters) – The European Commission is working on more measures to tame sky-high gas prices and support energy firms facing a liquidity crunch, and may lay out its plans to EU countries next week. The European Union’s executive last week proposed emergency energy measures, including bloc-wide windfall profit levies on energy...
EU Proposes Rules Targeting Smart Devices With Cybersecurity Risks
Date: September 15, 2022
By Foo Yun Chee BRUSSELS (Reuters) – From laptops to fridges to mobile apps, smart devices connected to the internet will have to assess their cybersecurity risks and fix them under draft European Union rules announced on Thursday, amid concerns about a spate of cyber attacks. Companies face fines of as much as 15 million...
EU Proposes Windfall Levies on Energy Firms to Ease Price Pain
Date: September 14, 2022
By Kate Abnett BRUSSELS (Reuters) -The European Union’s executive plans to raise more than 140 billion euros ($140 billion) to shield consumers from soaring energy prices by skimming off revenues from low-cost electricity generators and making fossil fuel firms share windfall profits. The European Commission published the proposals on Wednesday as the 27-member European Union...
EU Will Propose Windfall Levies on Energy Firms, Von Der Leyen Says
Date: September 14, 2022
BRUSSELS (Reuters) – The European Union will propose measures to cap revenues from low-cost electricity generators and force fossil fuel firms to share the profits they make from soaring energy prices, European Commission President Ursula von der Leyen said on Wednesday. “In these times it is wrong to receive extraordinary record revenues and profits benefitting...