Page 93 - European Union

Oil rallies after 10% slide over 2 days as Russia gas flow to Europe falls

Russian gas flows to Europe via Ukraine fell by a quarter on Wednesday after Kyiv halted use of a major transit route blaming interference by occupying Russian forces.

EU lifts mask requirement for air travel from next week as pandemic ebbs

The European Union will no longer require masks to be worn at airports and on planes starting next week amid the easing of coronavirus restrictions across the bloc, authorities said Wednesday.

Oil prices rise amid looming European Union's ban on Russian supply

(Reuters) -Oil rebounded on Wednesday after plunging nearly 10% over the previous two sessions, buoyed by supply concerns as the European Union works on gaining support for a ban on Russian oil and as major producers warned they may struggle to fill the gap when demand improves.

EU coordinator to meet Iranian leaders in bid to save nuclear deal

EU coordinator Enrique Mora said he'd meet with Iranian negotiator Ali Bagheri Kani during his visit to the Iranian capital

Macron proposes European political community to include nations outside EU

French President Emmanuel Macron believes that a "European political community" should be built that would be broader than the European Union

Lithuania FM says only safe way for West, allies is regime change in Russia

Lithuanian Foreign Minister Gabrielius Landsbergis said Putin's annual Victory Day speech was underwhelming and that the gloomy faces of generals and others were signs of failing in the Ukraine war

A recession in the US?

The inflation data over the coming six months will be critical

EU to enforce new Digital Markets Act to tame Big Tech in spring 2023

The Commission will act against any violations made by "gatekeepers", Meta, Apple, Google, Microsoft, and Amazon, as soon as the law comes into force

Ukraine war: Zelenskyy seeks 'united position' from EU on Russia sanctions

He also criticized the United Nations and the UN Security Council for their alleged ineffectiveness in preventing hostilities.

Imports from Russia surges 63% in March 2022, says Finnish customs

The value of imports from Russia was 1 billion euros ($1.06 billion) in March 2022 while the value of Finland's exports to Russia amounted to 184.4 million euros

EU tweaks plan for Russian oil sanction to aid reluctant states

Offers Hungary, Slovakia, Czech Republic more time to adapt

European farmers plan to use biogas to substitute Russian fossil fuels

The European Biogas Association says the European Union could quickly scale up the production of bio-methane, which is pumped into natural gas networks

Lithuania launches 508 km gas link with Poland costing 500 million euros

The European Commission provided around 60 percent of the funding, while Latvia and Estonia also contributed

Oil steadies near $110/bbl; strong US dollar offsets supply worry

Wall Street stocks tumbled as investors shed risky investments, worried the Fed might hike rates more this year to tame inflation

Live news: Russian negotiator accuses Kyiv of 'rolling back' on agreements

Live news updates: Some 344 people have been evacuated in and around the besieged city of Mariupol, says Ukraine's president.

Oil edges up 0.3% on EU's sanctions on Russia, proposed crude ban

The sanctions proposal, which was announced by European Commission President Ursula von der Leyen and needs unanimous backing by the 27 EU countries to take effect

Our dependency on Russian energy significantly reduced: German President

Germany's dependency on Russian oil is currently 15 percent, said President Frank Walter Steinmeier on Wednesday

India, France pledge to uphold peace, stability in Indo-Pacific region

Besides bilateral cooperation, India and France will continue to develop new partnerships in various formats with like-minded countries in the region and within regional organisations

Ukraine, UK sign preferential trade deal; abolish import duty, tariff quota

"Ukraine and the UK have legally enshrined the abolition of import duties and tariff quotas in bilateral trade by signing an agreement," the ministry was quoted as saying by Xinhua news agency

European Union takes major step toward Russian oil ban, new sanctions

The EU gets about 25% of its oil from Russia