The Latest Breaking News from Commission

European lawmakers voted to boost heavy industry imports monitoring a few days before the European Commission is due to reinforce legislation for the bloc's carbon border tax.

The European Commission on Wednesday unveiled a new economic security strategy meant to better anticipate risks facing the EU market amid escalating threats to global trade, with China top of the list.

Ursula von der Leyen has offered sweeping guarantees for Belgium to agree to an unprecedented reparations loan for Ukraine. Belgian authorities say risks could be fatal. EU leaders will gather on 18 December to make a final decision. If no deal is found, the EU will resort to joint debt.

The European Commission will unveil a new economic security doctrine designed to anticipate trade threats and take a more strategic approach to the EU’s existing trade tools.

The latest effort to support Ukraine with immobilised Russian assets has suffered a new setback at the hands of the European Central Bank, which warned that the plan would violate EU treaties and undermine the institution's independence.

SEC Chair Paul Atkins on Tuesday said the agency expects to release its long-planned innovation exemption for cryptocurrency firms within the next month after delays from the U.S. government shutdown.

The reparations loan for Ukraine will prove to Washington that Europe is taking "very credible" steps to end Russia's war, High Representative Kaja Kallas said on Monday. It comes after the Belgian prime minister warned that the unprecedented proposal risked derailing the diplomatic process.

This week's key events presented by Euronews’ reporters Romane Armangau and Peggy Corlin.

Six EU countries are challenging the upcoming Digital Networks Act, pushing to keep national control over key telecom rules. Meanwhile, European consumers, trade partners, and the EU’s own watchdog cast doubt on the Commission’s plans.

Belgian Prime Minister De Wever lashed out at plans for a reparations loan in a strongly worded letter to Ursula von der Leyen, calling it dangerous and wrong. European officials are seriously considering a bridge loan as clock ticks for the December summit. Belgian resistance is seen as entrenched.

EU plans to use frozen Russian assets to help Ukraine have prompted warnings that the move could push up government borrowing costs. But experts told Euronews Business that any impact on European debt markets is likely to be limited.