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European Commission

EU gives Hungary a month to act before moving to suspend funds

The European Commission gave Hungary a final month to address its concerns about the rule of law before asking European Union governments to suspend...

EU chief warns of danger of complete cut-off of Russian gas

European Commission chief Ursula von der Leyen said Wednesday that the 27-nation Europe Union needs to make emergency plans to prepare for a complete...

WhatsApp has until July to comply with EU consumer law, says EU

Meta's WhatsApp has until July to show that a privacy policy update introduced in January complies with EU consumer law, the European Commission said...

Romania meets none of the eurozone criteria says EU Commission

The European Commission said that all member states that are legally committed to adopting the euro fulfil the criteria on public finances, except Romania...

Brussels keeps debt rules lifted, but recommends fiscal prudence

The European Commission on Monday proposed to extend a moratorium on EU fiscal rules until the end of 2023, but kept the option to...

EU slashes growth, increases inflation forecast

The war in Ukraine pushed the European Commission to slash its annual growth expectation to 2.7% for both the EU and eurozone this year,...

EU Commission to end relaxed COVID-19 state aid scheme

The European Commission said on Thursday it will gradually put an end to the temporary rules that allowed the 27 EU member countries to...

EU Commission working on proposal for joint borrowing to help finance Ukraine

The European Commission is considering new joint debt issuance by the 27-nation bloc, two EU officials said, to cover Ukraine's liquidity gap of 15...

EU tweaks Russia oil sanctions plan in bid to win over reluctant states

The European Commission has proposed changes to its planned embargo on Russian oil to give Hungary, Slovakia and the Czech Republic more time to...

EU plans phased oil ban on Russia, also targeting more banks

The European Union's chief executive on Wednesday proposed a phased oil embargo on Russia over its war in Ukraine, as well as sanctioning Russia's...
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