English

Jorge Liboreiro

Europe News

Romania and Bulgaria's Schengen dreams in major doubt ahead of vote

"Austria is the main hold-out," said a senior EU diplomat ahead of a key vote on Thursday.

Economy

Hungary blocks €18 billion in aid for Ukraine and deepens rift with EU

The approval of the €18 billion in financial aid for Ukraine requires unanimity among the 27 member states.

Europe News

Prospects dim for Schengen accession of Romania and Bulgaria

Interior ministers are scheduled to meet on Thursday to vote on the accession of Croatia, Romania and Bulgaria.

Europe News

Trade war over green subsidies looms large over EU-US tech summit

The EU is scrambling to counter billions of industrial subsidies under the Inflation Reduction Act promoted by President Joe Biden.

ADVERTISEMENT

Europe News

EU countries agree to cap Russian oil at $60 per barrel

EU ambassadors spent the last few days debating the level of the price cap, which will have implications across global markets.

Europe News

'We will fight. We are unbreakable': Mariupol survivor tells her story

Kateryna Polishchuk was holed up in the Azovstal steel plant during the last weeks of the Mariupol siege.

Europe News

'Make Russia pay': EU moves ahead with confiscation of frozen assets

The proceeds from the confiscation will be used to finance the costly reconstruction of Ukraine.

Europe News

EU talks to cap Russian oil prices hit impasse as key deadline nears

The latest proposal to cap Russian crude at $62 per barrel was deemed too high by Poland and the Baltic states.

Economy

What is a recession? Is Europe already in one? It's not easy to tell

Russia's war in Ukraine and the global energy crisis have drastically worsened Europe's economic outlook.

Europe News

'It's a bad joke': Energy ministers blast proposed EU gas cap

The European Commission has designed a cap on gas prices with very stringent conditions and safeguards attached.

Europe News

European Parliament declares Russia a 'state sponsor of terrorism'

MEPs called on EU countries to reduce diplomatic relations with Russia and keep them "to the absolute minimum necessary."

Economy

Brussels unveils first-ever EU cap on gas prices but as 'last resort'

After months of political pressure, the European Commission has presented a formal proposal to prevent high gas prices.

Europe News

Four EU countries block reform of controversial energy treaty

The European Commission argued member states were better off inside a reformed treaty rather than outside.

Europe News

COP27: EU left 'disappointed' by lack of ambition in final deal

A call to phase down all fossil fuels, including gas and oil, was blocked by Saudi Arabia, Russia and other big emitters.

Europe News

EU gas cap will be suspended if LNG cargoes go elsewhere – EU official

The instrument will act as a "safety ceiling" to prevent excessive gas prices and curb rampant speculation.

Europe News

Croatia, Bulgaria and Romania are 'ready' to join the Schengen Area

The European Commission has urged member states to accept the three candidates in the passport-free area.

Europe Decoded

EU states have relocated just 117 asylum seekers out of 8,000 pledges

The system is supposed to enable the relocation of people from southern EU countries to other states across the bloc.

Europe Decoded

Ukraine's 2023 budget has a $38 billion gap. Who will help cover it?

Russia's war has ravaged Ukraine's economy, prompting a drastic decline in revenues and forcing the country to ask for foreign assistance.

Europe News

Ukraine war: EU pledges €18 billion to cover Kyiv's budget gap

The Commission says the money will be raised on capital markets and then sent to Kyiv in the form of favourable long-term loans.

Economy

Brussels proposes new EU fiscal rules to turn the page on austerity

The new rules will give EU countries greater flexibility to design their own fiscal plans, which will need to ensure a gradual decline of public debt.

ADVERTISEMENT