European Union leaders announced a 4.7 billion euro ($5.10 billion) investment package during a visit to South Africa on Thursday, at a time when both are on worse terms with the United States than they have been for decades.
The EU Commission is set to propose key defense projects to boost Europe’s military capabilities, as outlined in a draft white paper, aiming to strengthen cooperation among member states.
The European Union will impose counter tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods from next month in response to U.S. tariffs on steel and aluminium, the European Commission said in a statement on Wednesday.
European arms imports jumped 155% from 2020-24, with Ukraine emerging as the world’s largest arms importer, according to a Stockholm International Peace Research Institute (SIPRI) report released Monday. The surge follows Russia’s 2022 invasion, which has reshaped global defence markets.
The Armenian Cabinet has approved the creation of defense attaché positions for the European Union and Belgium.
European Council President António Costa announced at a press conference following the EU security summit that several member states have already committed to providing up to €15 billion in additional aid for Ukraine.
European leaders vow to boost defense and stand by Ukraine amid U.S. policy shifts. With fears of a growing Russian threat, the EU explores joint military funding and nuclear deterrence options.
The European Union has voiced serious concern over recent disruptions and violence in Serbia’s parliament, calling on all stakeholders to engage in an inclusive dialogue.
EU Commission President Ursula von der Leyen announced on Tuesday that new plans to strengthen Europe’s defence industry and enhance military capabilities could mobilise close to €800 billion (approximately $841.4 billion).
EU High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, Kaja Kallas, will chair the 20th EU-Central Asia Ministerial meeting hosted this year by Turkmenistan, in Ashgabat, on 4 March.
The President of the European Council, António Costa will travel to Moldova and Egypt from 3 to 4 March 2025 to engage in high-level discussions on European security, support for Moldova, and the current situation in Gaza.
Canada, Mexico and the European Union are pushing back against the U.S. decision to increase tariffs on goods. With the March 4 deadline approaching, concerns over supply chain disruptions, rising consumer prices, and a potential global trade war are escalating.
EU Council President Antonio Costa on Thursday said he had invited Ukraine's President Volodymyr Zelenskiy to the special summit of EU leaders on March 6, to discuss future support to Ukraine.
U.S. President Donald Trump said on Wednesday that his administration is preparing to impose a 25% tariff on imports from the European Union, a move aimed at addressing longstanding trade disparities.
The European Union is set to press India to cut its high tariffs on key products such as cars and wine in an effort to boost bilateral trade, reduce reliance on China, and pave the way for a comprehensive free trade agreement, according to a senior EU official.
A 100 billion euros plan to support clean manufacturing in the EU has been proposed by the European Commission. The initiative seeks to help European industries tackle issues like high energy costs and competition from low-cost imports.
Overall car registrations in Europe, the UK, and the European Free Trade Area (EFTA) fell by 2.1% in January, according to data from the European Automobile Manufacturers' Association (ACEA). While fully electric vehicle (EV) sales surged by 37.3%, the sharp decline in sales of petrol and diesel mod
China urged the European Union to stop sanctioning Chinese companies and discrediting the country, its commerce ministry said on Tuesday, after Chinese entities and individuals were included in the EU's latest sanctions package against Russia.
The Court of Justice of the European Union (CJEU) has ruled that Google’s refusal to allow Enel’s JuicePass app access to its Android Auto platform constitutes an abuse of its dominant market position, siding with Italy’s antitrust authority.
Ukraine marked three years of war with Russia by hosting European leaders, while U.S. President Donald Trump's absence hinted at a shift towards Moscow. Donald Trump suggested the conflict could end soon and proposed major economic deals with Russia.
The Council of the European Union has decided today to suspend a number of restrictive measures in view of the situation in Syria, with the aim to support an inclusive political transition in Syria, and its swift economic recovery, reconstruction, and stabilisation.
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