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European Commission

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EU to invest 200 billion euros in artificial intelligence development - von der Leyen

The European Commission plans to attract 200 billion euros of investment in the development of artificial intelligence. 150 billion will come from the private sector, and 50 billion will be raised through the InvestAI initiative.

News of the World • February 11, 01:08 PM • 27488 views

Ukraine is creating a single logistics space with the EU: the government explained why and how

Ukraine is implementing joint customs control with the EU and modernizing its border infrastructure. By 2030, it is planned to upgrade 29 and build 17 new checkpoints.

Economy • February 11, 11:27 AM • 30583 views

“They will not go unanswered": von der Leyen reacts to the US decision on duties on steel and aluminum

Ursula von der Leyen promised to introduce tough measures in response to the new US duties on European steel and aluminum. The European Commission intends to protect the economic interests of the EU, workers and consumers.

Economy • February 11, 10:00 AM • 27644 views

EU plans to review distribution of multibillion-dollar foreign aid - Bloomberg

The European Commission intends to restructure multibillion-dollar foreign aid to better align with political interests. The bloc seeks to strengthen alliances and secure strategic interests in a challenging international environment.

Economy • February 11, 06:41 AM • 30670 views

The EU identifies support for Ukraine as a top priority in its 2025 program

The European Commission will include support for Ukraine as a “top priority” in its 2025 work program. The document confirms support for Ukraine's future membership in the EU and will be presented on February 12.

Economy • February 10, 02:21 PM • 28534 views

Gas prices in Europe hit 2-year high on weather and dwindling reserves - WSJ

Gas prices in Europe have risen to 58. 25 euros per megawatt-hour due to colder weather and low reserves. The EU's gas storage facilities are only 49% full, which is significantly lower than last year.

Economy • February 10, 12:19 PM • 25793 views

The EU promises to respond to Trump's new steel tariffs if they are introduced: what is known

The European Commission has responded to Trump's announcement of 25% duties on steel and aluminum from the EU. The Commission is awaiting official clarifications and is ready to defend the interests of European businesses.

Economy • February 10, 09:59 AM • 23508 views

Zelenskyy: Moscow will no longer be able to use energy as a weapon against the Baltic states

Estonia, Latvia, and Lithuania have synchronized with the EU grid, receiving €1. 23 billion in support. Zelensky called this an important step that will deprive Russia of the ability to use energy as a weapon.

Politics • February 9, 06:59 PM • 49961 views

The Baltic States synchronized with the EU power grid instead of the Russian one

Estonia, Latvia, and Lithuania were completely disconnected from the Russian power system and synchronized with the EU grid. The project received more than €1.23 billion in support from the European Commission.

News of the World • February 9, 03:26 PM • 30111 views

The EU wants to increase defense spending: what it offers

The EU is considering expanding the definition of defense investment and changing fiscal rules to increase military spending. Poland proposes to include spending on infrastructure and dual-use facilities.

News of the World • February 7, 02:15 PM • 29823 views

Stefanishyna on Lozovyi's “amendments”: the path may be longer, but the decision will be balanced

Deputy Prime Minister Olha Stefanishyna said that the bill to repeal the Lozovyi amendments may be delayed. The government also introduced a draft law on reforming the ARMA, agreed with the EU.

Politics • February 7, 12:13 PM • 24451 views

EU issued a statement after Trump's sanctions against the ICC

European Commission President Ursula von der Leyen expressed support for the ICC after the imposition of US sanctions. She emphasized the importance of fighting impunity and upholding international law.

News of the World • February 7, 11:50 AM • 23871 views

Ukraine is ready for consultations with the EU on tariff liberalization - OP

Ukraine is ready to start consultations with the European Commission on tariff liberalization. This was stated by Ihor Zhovkva at a meeting with the French Minister of Foreign Trade.

Economy • February 6, 02:10 PM • 25124 views

The European Commission wants to extend the mandatory filling of gas storage facilities by 90%

The European Commission intends to extend the requirement for 90% occupancy of gas storage facilities after 2024. The largest storage countries are negotiating to reduce this limit due to the risk of speculation.

News of the World • February 6, 01:17 PM • 25076 views

The EU will strengthen the inspection of goods from Shein and Temu: what awaits buyers

The European Commission plans to tighten customs control of goods from Asian marketplaces due to dangerous products. It is considering abolishing the exemption from customs duties on imports of goods below 150 euros.

News of the World • February 6, 03:00 AM • 108327 views

Orban may lose power in Hungary due to economic crisis

The economic crisis in Hungary threatens Viktor Orban's victory in the 2026 elections. High inflation, falling living standards, and a declining birth rate are undermining the Fidesz party's position.

News of the World • February 5, 05:04 PM • 27110 views

EU may hit US tech sector with possible Trump tariffs

The EU plans to use an “anti-coercion tool” in response to possible US duties on European goods. Brussels could hit the US technology sector and restrict intellectual property rights.

Economy • February 5, 03:41 PM • 29802 views

EU seeks to engage in dialogue with the US as soon as possible to avoid Trump's tariffs

The European Commission wants to start negotiations with the US as soon as possible to prevent the imposition of new duties. The EU is ready for difficult negotiations and to protect its own interests in trade.

News of the World • February 5, 09:00 AM • 23437 views

EU warns U.S. of 'tough retaliation' if Trump imposes tariffs - Bloomberg

The European Commission will discuss a response to Trump's announcement of tariffs on EU goods. The US has already imposed additional duties on goods from Canada, Mexico and China.

News of the World • February 2, 11:13 PM • 105388 views

Fico's plane was not allowed to land in Belgium and had to return to Bratislava

Due to a technical failure in Belgium's air traffic control system, Robert Fico's plane returned to Bratislava. The meeting with representatives of the European Commission on gas transit and other issues was canceled.

Politics • January 31, 09:52 AM • 108251 views

European Commission invests over a billion euros in defense research and development

The European Commission has approved a €1. 065 billion European Defense Fund program for joint defense projects. The funds will be used for research in cyber defense, naval operations, and other critical areas.

Politics • January 31, 07:58 AM • 34683 views

EU denies link between gas purchases from Russia and peace talks

The European Commission has officially denied information about the possibility of resuming purchases of Russian gas in exchange for peace talks. The spokesperson for the EC President confirmed the course of refusal from Russian gas.

Economy • January 30, 11:30 PM • 100909 views

The US economy has slowed down: GDP at the end of 2024 below forecasts, but recession risk in the new year is low for the US

US GDP in the fourth quarter of 2024 grew by 2. 3% instead of the expected 2.7%. For the whole year, the economy grew by 2.8%, which is lower than in 2023 but higher than in 2022.

News of the World • January 30, 04:41 PM • 28225 views

Four EU countries propose to double defense spending to €100 billion

Lithuania, Estonia, Latvia, and Poland call on the EU to increase military spending to 3% of GDP. The countries propose to use joint borrowing and allocate 50 billion euros for the production of artillery.

War • January 30, 02:52 PM • 33122 views

EU is discussing the idea of returning to purchasing Russian gas - FT

European officials are discussing the possibility of resuming imports of Russian pipeline gas as part of a peace settlement. Germany and Hungary support the initiative to reduce energy prices.

Economy • January 30, 07:18 AM • 35624 views

EU launches simplification program to keep up with US and China - von der Leyen

The European Commission plans to cut administrative costs for companies by 25% and for small businesses by 35%. The plan is aimed at stimulating innovation and increasing competitiveness with China and the United States.

News of the World • January 29, 08:41 PM • 26792 views

EU won't include a complete ban on Russian LNG in new sanctions package - Politico

The 16th EU sanctions package against Russia will not include a complete ban on Russian LNG imports. The package will include restrictions on shadow fleet tankers, aluminum, and gaming equipment.

Economy • January 29, 07:00 AM • 38255 views

Fico calls Zelensky an enemy and threatens to block EU aid to Ukraine

Slovak Prime Minister Robert Fico threatens to block EU aid to Ukraine if Russian gas transit does not resume. He called President Zelenskyy an “enemy” and accused him of creating problems for Slovakia.

Economy • January 28, 08:31 PM • 33159 views

Tesla takes legal action against the European Union - Financial Times

Tesla is challenging in court the EU's anti-subsidy duty of up to 7. 8% on imports of electric vehicles from China. The company joined BMW and Chinese manufacturers who have also filed lawsuits against the new tariffs.

News of the World • January 27, 09:24 PM • 33221 views

The American Chamber of Commerce called for a balanced approach to the regulation of the pharmaceutical market

A representative of the American Chamber of Commerce commented on the Ministry of Health's proposals for changes in the regulation of the pharmaceutical market. He described the specifics of drug regulation in the EU and called for a balanced approach in Ukraine.

Economy • January 27, 02:07 PM • 29093 views