European Union

Will formally launch free trade negotiations with India very soon: EU

European Union Executive Vice-President and Trade Commissioner Valdis Dombrovskis has said the EU will formally launch negotiations for the proposed free trade agreement with India "very soon"

WEF 2022: EU CEOs step up action plan on energy and food security

CEO Action Group renewed its commitment to a 55 per cent emissions reduction target by 2030

Two official teams from India, EU to discuss carbon tax issues: Official

India raised these issues in the Trade and Technology Council (TTC) meeting between the two regions in Brussels in May

India, European Union agree to establish Trade and Technology Council

Trade and Technology Council is being set up to provide political-level oversight into the India-EU relationship

WEF 2022: 'New dawn' for Europe as Russia-Ukraine conflict strengthens EU

World Economic Forum (WEF) 2022: ECB President Christine Lagarde said the Ukraine war has revealed how powerful Europe is collectively

Mirage or oasis?

India could drink sustainably from the spring-wells of development

Palestinian Prez, EU parliament Prez discuss Palestine-Israel conflicts

Palestinian President Mahmoud Abbas has met with European Union (EU) parliament President Roberta Metsola on the ongoing escalating conflicts between Palestine and Israel

Oil retreats as China's stimulus package fails to allay concerns

Beijing rolls out measures to try to support Covid-hit economy

Ukraine, Poland agree on joint customs control to ease border movement

Most Ukrainian refugees fleeing the war, have crossed to the European Union through border points in Poland, Slovakia, Hungary and Romania

Ukraine gets 2nd tranche of $634 mn from EU financial assistance programme

Ukraine has received the second tranche of 600 million euros (634 million U.S. dollars) of the European Union's (EU's) emergency macro-financial assistance program, the Ukrainian Finance Ministry said

Finland says Russia suspending natural gas supplies after NATO application

Russia will cut off natural gas to Finland after the Nordic country that applied for NATO membership this week refused to pay in rubles, the Finnish state-owned energy company said on

4 EU states sign declaration to provide green electricity to 230 mn houses

Denmark, Germany, Belgium and the Netherlands signed a number of bilateral declarations, including goals for green hydrogen, and the creation of more energy islands in the North Sea

EU lays plan to end by 2027 bloc's reliance on Russian oil and gas

The EU got 22 per cent of its gross final energy consumption from renewable sources like wind, solar and biomass in 2020

NATO talks with Finland, Sweden falter but will continue in coming days

NATO envoys failed to reach a consensus on Wednesday about whether to start membership talks with Finland and Sweden, diplomats said, as Turkey renewed its objections to the two Nordic countries

European Union rushes out $300 billion roadmap to ditch Russian energy

The EU's executive arm moved Wednesday to jump-start plans for the 27-nation bloc to abandon Russian energy amid the Kremlin's war in Ukraine, proposing a nearly 300 billion-euro ($315 billion)

UK confirms plan to change N Ireland Protocol amid tensions with EU

The UK announced its plan to introduce legislation to make changes to the Northern Ireland Protocol amid mounting tensions with the European Union (EU) over post-Brexit arrangements.

Oil rises to 7-week high on EU's Russian oil ban effort, demand hopes

The easing of China's COVID-19 lockdowns also supported prices, as investors grew more optimistic about demand from the world's second-largest economy.

Oil hits seven-week high amid EU push for ban on Russian crude imports

LONDON (Reuters) - Oil hit its highest in seven weeks on Tuesday, supported by the European Union's ongoing push for a ban on Russian oil imports that would tighten supply and as investors focused on higher demand from an easing of China's COVID lockdowns.

EU revises growth forecast down to 2.7%, inflation estimate up at 6.1%

Real GDP growth in both the EU and the eurozone is now expected at 2.7 per cent in 2022 and 2.3 per cent in 2023, down from its February forecast of 4.0 per cent in 2022 and 2.8 per cent in 2023

European Union gives companies green light to keep Russian gas flowing

The European Commission sent its revised guidelines to member states on Friday, a spokesperson said on Monday