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.
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French President Emmanuel Macron is in China for his fourth state visit, as Europe tries to balance economic dependence on the world’s second-largest economy.
Former EU foreign policy chief Federica Mogherini and two others have been formally accused of procurement fraud and corruption, conflict of interest and violation of professional secrecy.
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Chinese scientists have unveiled a new gene-editing therapy that they say could lead to a functional cure for HIV, making it one of the most promising developments in decades of global research.
Uzbekistan has reopened its border with Afghanistan for the first time since 2021, the country’s Chamber of Commerce and Industry announced on Tuesday.
Belgian police have raided the EU’s diplomatic service and the College of Europe as part of a corruption probe into an EU-funded training academy for diplomats, detaining three suspects and searching multiple premises, according to Politico.
Ukrainian President Volodymyr Zelenskyy has announced that his country is preparing meetings in the United States with representatives of President Donald Trump, as diplomatic efforts continue to secure a dignified peace and reinforce pressure on Russia.
Vilnius Airport in Lithuania suspended operations on Wednesday after suspected balloons were spotted in its airspace, marking the latest in a series of similar incidents near the Belarus border.
Mexican President Claudia Sheinbaum will travel to Washington on Friday to participate in the 2026 World Cup draw, joining U.S. President Donald Trump and Canadian Prime Minister Mark Carney for the ceremonial event.
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A man fatally stabbed two teenagers and seriously injured a third before falling from a motel window to his death in Changwon, South Gyeongsang Province, local authorities reported.
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