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European Union

Russia denounces EU for granting Bosnia candidacy status

Russia criticized the European Union for granting Bosnia a candidate status, saying on Friday it was part of a Western push to impose its...

Russia threatens to block oil sales to countries participating in price cap

A new Kremlin decree will ban oil and petroleum product sales to “legal entities demanding compliance in contracts with the price ceiling introduced by...

Germany nationalizes gas supplier Uniper after EU approval

The German government stated on Thursday that it has nationalized energy company Uniper after the European Union gave its blessing for it to rescue...

EU ministers trying again, for compromise on gas price cap

European Union ministers were trying again on Monday to finalize a long-awaited deal to implement a natural gas price cap that they hope can...

EU adopts global minimum 15% tax on multinationals

The European Union on Thursday adopted a plan for a global minimum 15% tax on multinational businesses, after leaders gave final approval following months...

EU leaders head for tussle over rescue plans for industry

European Union leaders will argue on Thursday over how to prop up their countries' industries, which have been whacked by soaring energy prices since...

Sweden sets Europe’s security as top task for its EU presidency

Sweden has outlined Europe’s security as the primary task for its six-month presidency of the European Union from the start of next year, according...

EU agrees to tap carbon market for €20 billion in energy pivot

European Union policymakers agreed to raise €20 billion from the region’s carbon market to help finance the bloc’s strategy to wean itself off Russian...

EU meets to try to break gas price cap impasse

European Union energy ministers are meeting in Brussels on Tuesday to try to agree a bloc-wide cap on gas prices after months of deadlock...

EU nations agree to unblock Ukraine aid, approve Hungary funds

European Union countries reached a preliminary agreement to clear the way for Ukraine to receive crucial aid from the bloc after Hungary dropped its...