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The Latest Breaking News from European Commission

EU executive to launch new tool to freeze funds to Hungary - sources

The European Union executive will implement on Tuesday the bloc's new disciplinary procedure against Hungary, two sources familiar with the matter told Reuters, a step that could lead to freezing funding for Prime Minister Viktor Orban's government.

Reuters

EU to propose import ban on Russia coal, chemicals, wood -source

The European Commission will propose on Tuesday to EU nations sweeping new sanctions against Russia, including banning imports of coal, wood, chemicals and other products worth about 9 billion euros ($9.86 billion) a year, an EU source told Reuters.

Reuters

EU's von der Leyen and Borrell to meet Zelenskiy in Kyiv -spokesman

European Commission President Ursula von der Leyen and the EU's top diplomat Josep Borrell will travel to Kyiv this week for a meeting with Ukrainian President Volodymyr Zelenskiy, an EU spokesman said on Tuesday.

Reuters

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Victory of Putin ally Orbán in Hungary may trigger freeze on EU funding

MEPs say billions in payments could be withheld from far-right leader due to democratic backsliding

The Guardian - UK

Hungary’s Orban set for tricky term after landslide election win

The Hungarian strongman will have to adjust his government’s outlook, pundits on both sides of the fence say.

Al Jazeera

EU Commission preparing more sanctions against Russia to raise pressure

The European Commission is preparing the next package of sanctions against Russia because the EU needs to increase pressure on Moscow to stop its invasion of Ukraine, Commission Executive Vice President Valdis Dombrovskis said on Monday.

Reuters

Fear grows for migrants held in Ukraine’s detention centre

An unconfirmed number of migrants appear to remain in the Zhuravychi detention centre near Lutsk city despite the war.

Al Jazeera

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Hungary: where editors tell reporters to disregard facts before their eyes

With elections imminent, some say independent media is in a weaker state than in communist 1980s

The Guardian - UK

China resists tougher Russia response at ‘frank’ summit with EU

Chinese leaders tell EU counterparts they will push for peace in Ukraine in their ‘own way’.

Al Jazeera

US Big Tech Continue To Raise Global Regulatory Concerns

The House Oversight Committee on Friday launched an investigation into Amazon.com Inc's (NASDAQ:AMZN) labor practices, CNBC reports. The House demanded information about a deadly warehouse collapse in Illinois in 2021 as a tornado hit the warehouse, killing six workers. The workers had alleged inadequate safety protocols for severe weather events. The Competition Commission…

Benzinga

Parker-Hannifin Set To Gain EU Antitrust Approval For Meggitt Deal: Reuters

Parker-Hannifin (NYSE:PH) is set to gain EU antitrust clearance for its $8.3 billion bid for Britain's Meggitt plc (OTC:MEGGF) after offering to sell a U.S. factory to address competition concerns, Reuters reported, citing people familiar with the matter. Related: Parker-Hannifin To Acquire Meggitt For ~£6.3B The report noted that PH submitted its offer to the…

Benzinga

EU agrees to stockpile equipment, drugs against chemical, nuclear incidents - sources

The European Union has agreed to launch a stockpiling operation to boost its defences against chemical, nuclear and biological incidents amid concerns over the conflict in Ukraine, according to EU documents and people familiar with the matter.

Reuters

Will Intel save Europe's struggling semiconductor industry?

Intel’s proposed US$30 billion (£23 billion) investment in semiconductor manufacturing capacity across Europe has the potential to significantly boost the continent’s struggling chip industry.

The Conversation

EU proposes letting Ukraine refugees convert their money into euros

The European Commission proposed on Friday allowing Ukraine refugees to convert their hryvnia currency into euros up to a maximum of around 300 euros ($331.7) person, as part of the bloc's humanitarian assistance to those fleeing the war.

Reuters

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Asharq Al-Awsat

EU Proposes Exchange of Ukraine Bank Notes

The European Union’s executive arm is proposing that the 27-nation bloc’s countries allow the millions of refugees fleeing the war in Ukraine to exchange their hryvnia banknotes into the currencies of host member nations. The European Commission said Friday its proposal aims at promoting a coordinated approach within the region,…

Reuters

China tells EU it will pursue Ukraine peace in its own way

China offered the European Union assurances on Friday that it would seek peace in Ukraine but said this would be on its own terms, deflecting pressure for a tougher stance towards Russia.

Reuters

Germany girds for gas rationing, Europe on edge in Russian standoff

Germany triggered an emergency plan to manage gas supplies on Wednesday that could see Europe's largest economy ration power if a standoff over a Russian demand to pay for fuel with roubles disrupts or halts supplies.

Reuters

EU readying new Russia sanctions, may retaliate over rouble payments for gas - sources

The European Commission is readying new sanctions against the Kremlin over Russia's invasion of Ukraine, EU sources told Reuters on Wednesday, with the magnitude of the new measures depending on Moscow's stance on gas payments in roubles.

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Reuters

EU schools' teachers demand EU employment rights in Brussels protest

Hundreds of teachers at EU schools whose ex-pupils include British Prime Minister Boris Johnson and European Commission head Ursula von der Leyen marched on Wednesday to demand better job security and contracts protected under EU employment laws.

The Guardian - UK

EU wants to force fashion firms to make clothes more durable and recyclable

New design rules would also force firms to reveal how much unsold product they send to landfill

The Independent UK

EU proposes new rules to discourage disposable fast fashion

The European Union plans to counter the polluting use of trendy fast fashion and is warning consumers to stop using their clothes like disposable facial tissues

The Independent UK

'Stand Up for Ukraine' plan gets political, celebrity help

Ukrainian President Volodymyr Zelenskyy’s call for humanitarian help has been answered by the European Commission, the government of Canada and dozens of celebrities assembled by advocacy nonprofit Global Citizen, including Oscar winners Billie Eilish and Finneas, actor Hugh Jackman, as well as Madonna and top Grammy nominee Jon Batiste

The Independent UK

Russia sanctions: Heineken and Carlsberg join firms severing ties over Ukraine invasion – see full list

Banks, businesses, oligarchs and Cabinet ministers all targeted with harsh economic penalties by Western democracies as punishment for Vladimir Putin’s actions

The Independent UK

EU wants to end golden passport schemes, targets Russians

The European Commission has recommended that the bloc's 27 nations end golden passport schemes that allow wealthy people — among them Russian oligarchs — to buy their way to EU citizenship

Reuters

EU seeks end to golden passport schemes, halt to sales of visas to Russians

The European Commission called on EU governments on Monday to end national programmes to sell citizenship to investors, also known as golden passports schemes, and urged them to suspend the sale of visas to Russians and Belarusians.

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