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.
International donors at a European Union-led conference in Brussels pledged €5.8 billion ($6.3 billion) on Monday to support Syria’s new authorities, who are grappling with humanitarian and security crises following the fall of Bashar al-Assad.
Sweden’s deputy prime minister Ebba Busch has called on the European Union to amend its clean-tech funding rules to help bankrupt battery cell maker Northvolt secure a new owner.
The Council of the EU on Monday approved an extra €3.5 billion (approximately $3.8 billion) in financial support for Ukraine, consisting of non-repayable grants and loans, according to a press release from the European Council.
EU Council has extended the restrictive measures targeting those responsible for undermining or threatening the territorial integrity, sovereignty and independence of Ukraine for another six months, until 15 September 2025.
The interim government in Damascus will attend an international conference on Monday in Brussels to seek aid pledges for Syria, which continues to face significant humanitarian challenges and an uncertain political future following the departure of Bashar al-Assad.
China has appointed Li Xiaolong as vice minister of the Ministry of Housing and the Human Resources Ministry, tasked with overseeing key policies in housing and workforce management.
This Sunday, March 23, negotiations will take place between the US and Russia regarding the details of a ceasefire in Ukraine.
Anti-government protests erupted outside Prime Minister Benjamin Netanyahu's office, with demonstrators calling for his resignation after his announcement to oust the head of internal security, joined by relatives of hostages worried about their loved ones' fate.
Afghanistan seeks foreign investment in mining, engaging with Chinese and Kazakh diplomats to boost resource extraction. With $1 trillion in untapped minerals, Kabul aims to become a key industry player despite infrastructure and security challenges.
Ukrainian President Volodymyr Zelenskyy announced that Russia launched attacks on civilian infrastructure in Ukraine immediately after a conversation between US President Donald Trump and Russian President Vladimir Putin, during which they had agreed to halt such attacks.
The inside of a Herculaneum delicate & ancient scroll, unseen for nearly 2,000 years, has been revealed using Artificial Intelligence.
Regarding the Armenia-Azerbaijan process, we cannot forget the years of occupation, and we will not forget them, President Ilham Aliyev said in his speech at the opening ceremony of the 12th Global Baku Forum.
President Donald Trump has vowed to respond to the European Union's counter-tariffs, escalating tensions over the U.S. steel and aluminum duties that have sparked a trade dispute between the two economic powers.
Russian President Vladimir Putin agreed on Tuesday to a proposal by U.S. President Donald Trump that Russia and Ukraine cease attacking each other's energy infrastructure for 30 days, the Kremlin said following a lengthy phone discussion between the leaders.
China has appointed Li Xiaolong as vice minister of the Ministry of Housing and the Human Resources Ministry, tasked with overseeing key policies in housing and workforce management.
This Sunday, March 23, negotiations will take place between the US and Russia regarding the details of a ceasefire in Ukraine.
Anti-government protests erupted outside Prime Minister Benjamin Netanyahu's office, with demonstrators calling for his resignation after his announcement to oust the head of internal security, joined by relatives of hostages worried about their loved ones' fate.
Ukrainian President Volodymyr Zelenskyy announced that Russia launched attacks on civilian infrastructure in Ukraine immediately after a conversation between US President Donald Trump and Russian President Vladimir Putin, during which they had agreed to halt such attacks.
South Korea's industry minister is set to visit Washington, D.C. this week for talks with U.S. officials on key issues, including tariffs and the nation's "sensitive country" status.
China has appointed Li Xiaolong as vice minister of the Ministry of Housing and the Human Resources Ministry, tasked with overseeing key policies in housing and workforce management.
This Sunday, March 23, negotiations will take place between the US and Russia regarding the details of a ceasefire in Ukraine.
Anti-government protests erupted outside Prime Minister Benjamin Netanyahu's office, with demonstrators calling for his resignation after his announcement to oust the head of internal security, joined by relatives of hostages worried about their loved ones' fate.
Afghanistan seeks foreign investment in mining, engaging with Chinese and Kazakh diplomats to boost resource extraction. With $1 trillion in untapped minerals, Kabul aims to become a key industry player despite infrastructure and security challenges.
Ukrainian President Volodymyr Zelenskyy announced that Russia launched attacks on civilian infrastructure in Ukraine immediately after a conversation between US President Donald Trump and Russian President Vladimir Putin, during which they had agreed to halt such attacks.
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