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The Latest Breaking News from European Commission

More Western sanctions to hit Russia after Bucha killings

The United States, United Kingdom and the European Union are set Wednesday to impose new punishing sanctions targeting Russia including a ban on all new investment in the country after evidence of torture and killings emerged in recent days from a town outside of Kyiv

The Independent UK

EU council head suggests giving asylum to Russian deserters

European Council president Charles Michel says European Union countries should think about ways to offer asylum to Russian soldiers willing to desert Ukraine battlefields

The Independent UK

EU will put more sanctions on Russia - Commission head

The European Union will put more sanctions against Russia on top of the latest package announced on Tuesday, likely including measures against imports of Russian oil, the head of the European Commission Ursula von der Leyen said on Wednesday.

Reuters

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European Union proposes Russian coal ban as it unveils sweeping new sanctions

The European Union is set to impose sweeping new sanctions on Russia including a ban on coal imports.

Evening Standard

European Commission launches rule-of-law disciplinary procedure against Hungary

Viktor Orbán’s government faces sanction over rollback of democratic values and allegations of fraud

The Guardian - UK

EU starts process to cut funding to Hungary over rule of law

The European Commission will launch proceedings to suspend support payments to Hungary for breaching the 27-nation bloc’s rule-of-law standards

The Independent UK

EU proposes ban on Russian coal imports, ships after atrocities

The European Union is proposing to ban coal imports from Russia in a direct response to reports that Russian forces committed apparent war crimes in Ukraine, European Commission President Ursula von der Leyen said Tuesday.

Tribune News Service

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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

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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The Guardian - UK

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

Al Jazeera

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’.

Benzinga

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…

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Reuters

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.

The Conversation

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.

Reuters

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.

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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