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.
The European Commission unveiled a €100 billion plan to boost EU-made clean manufacturing as part of its Clean Industrial Deal. The initiative aims to help European industries struggling with weak demand, cheap imports, and higher energy costs compared to the U.S. and China.
The deal includes collaboration with the European Investment Bank to ease costs for renewable energy contracts and support grid manufacturers. The Commission also proposed creating an EU Critical Raw Materials Centre to jointly purchase key metals and minerals for the energy transition.
While the proposal has been welcomed by some, it has faced opposition from trade unions and environmental groups who argue that the plans could lead to deregulation, weakening workers' rights and environmental protections. Activists staged protests outside the Commission's headquarters in Brussels.
The deal, which also includes easing state aid regulations and lowering energy costs for industries, is central to European Commission President Ursula von der Leyen’s strategy to revive Europe’s industrial sector. It will be presented to industry representatives in Antwerp this week.
A group of demonstrators gathered outside the Norwegian Nobel Institute to protest the awarding of this year’s Nobel Peace Prize....
A second aid ship carrying 10,080 tents provided by Turkey’s Disaster and Emergency Management Authority (AFAD) has departed from Mersin Internation...
German Chancellor Merz addresses foreign companies and congratulates Azerbaijan and Armenia on peace deal...
U.S. Treasury Secretary Scott Bessent confirmed on Tuesday that he had discussed U.S. sanctions on Russian oil giants Lukoil and Rosneft with Ukrainia...
The European Union is close to finalizing a plan to finance Ukraine’s defence in 2026 and 2027, using frozen Russian assets held across Europe, EU summit chairman Antonio Costa said on Tuesday.
Ukraine is set to present a revised 20-point peace plan to the United States today, as President Volodymyr Zelenskyy and key European leaders work to steer Washington’s ceasefire framework away from concessions they fear could lock in Russian territorial gains.
The Georgian Parliament is moving to fast-track amendments that would change how assemblies and demonstrations are organised. Lawmakers say the goal is to improve public order, while civil society groups warn the measures could limit key democratic freedoms.
Georgia is entering one of the most consequential phases of its foreign policy in years.
Authorities in Japan lifted all tsunami warnings on Tuesday following a strong 7.5-magnitude earthquake that struck off the northeastern coast late on Monday, injuring at least 30 people and forcing around 90,000 residents to evacuate their homes.
Pressure is mounting between Venezuela and the United States as both nations emphasise military preparedness and strategic positioning.
A group of demonstrators gathered outside the Norwegian Nobel Institute to protest the awarding of this year’s Nobel Peace Prize.
Tehran has protested to Washington because of the travel ban on its football team delegation as well as Iranian fans who would like to travel to the United States for the upcoming World Cup matches in 2026.
Paramount Skydance (PSKY.O) has launched a $108.4 billion hostile takeover bid for Warner Bros Discovery (WBD.O). The escalation follows a high-stakes battle that had appeared to end last week when Netflix secured a $72 billion deal for the studio giant’s assets.
A group of demonstrators gathered outside the Norwegian Nobel Institute to protest the awarding of this year’s Nobel Peace Prize.
German Chancellor Merz addresses foreign companies and congratulates Azerbaijan and Armenia on peace deal
U.S. Treasury Secretary Scott Bessent confirmed on Tuesday that he had discussed U.S. sanctions on Russian oil giants Lukoil and Rosneft with Ukrainian Prime Minister Yulia Svyrydenko.
Ukrainian President Volodymyr Zelenskyy has said that his country and European partners will soon be ready to present the United States with refined documents outlining a potential peace plan.
The United States Senate is set to vote on Thursday on a Republican-backed plan aimed at addressing expiring Affordable Care Act (ACA) subsidies, Senate Majority Leader John Thune announced on Tuesday.
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