Tag Archives: EU

Rome, Italy | Xinhua | As the crisis in Ukraine sends global fuel prices spiraling higher, governments in European Union (EU) member states are scrambling for ways to reduce the economic impact their citizens are feeling at the gasoline pumps. Prices for gasoline surpassed 2 euros (2.1 U.S. dollars) per liter …

Berlin, Germany | Xinhua | Many European countries are considering turning back to coal to secure energy supplies as gas supplies from Russia slump amid EU sanctions in recent weeks. Germany, Austria, Poland, the Netherlands and Greece are among the first European nations to reopen coal power plants or take measures …

Brussels, Belgium | Xinhua | The European Commission proposes to disburse 600 million euros (633 million U.S. dollars) on top of existing EU support to help regions hit by the current food crisis, said European Commission President Ursula von der Leyen on Tuesday. “To help our partners we will mobilize an …

Brussels, Belgium | Xinhua | The European Union is insisting on a ceasefire in Ukraine to allow millions of tons of grain to be exported, the EU’s foreign policy chief said on Monday. The Ukraine crisis is having serious consequences on hunger in the world, the EU’s High Representative for Foreign …

The European Union on Wednesday launched new legal proceedings against the United Kingdom over its failure to implement parts of the post-Brexit deal it agreed with the bloc Brussels, Belgium | Xinhua | The European Union (EU) has launched legal action against the United Kingdom (UK) in response to the latter’s …

Kiev, Ukraine | Xinhua |  European Commission President Ursula von der Leyen said here Saturday that the commission will finalize the assessment on granting Ukraine European Union (EU) candidate status by the end of next week, the Ukrinform news agency reported. “The European Commission is currently preparing its recommendations — …

  The two new shareholders invests an additional US$9million in the company to support businesses | THE INDEPENDENT | On June 2, the Danish Investment Fund for Developing Countries (IFU) and the European Union (EU) were onboarded as new shareholders of aBi Finance Ltd. The EU will be investing $8.7m …

USB Type-C will become the common charging port for all mobile phones, tablets and cameras in the EU Brussels, Belgium | Xinhua | Chargers will be harmonized for small and medium-sized portable electronic devices by 2024 in the European Union (EU), negotiators of the European Parliament and the Council agreed on …

Rome, Italy | Xinhua | The decision by the European Union (EU) earlier this week to ban 90 percent of oil imports from Russia by the end of the year is aimed at crimping the Russian economy amid the high-profile crisis in Ukraine. But the move, part of a wider array …

Budapest, Hungary | Xinhua | The European Commission’s proposal to ban the use of oil from Russia in Hungary was rejected, Hungary’s Prime Minister Viktor Orban said early on Tuesday. The Commission’s proposal was “tantamount to dropping a nuclear bomb on Hungary’s economy, but we successfully avoided it,” Orban said in …