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The Latest Breaking News from European Union

Showdown between Brussels and Budapest: The battle over Hungary's EU funds

For years, Brussels has been at loggerheads with the Hungarian government over a host of issues – migrants, the rights of minorities, media freedoms, the independence of the justice system and, most recently, over Russia and Ukraine. Long-standing tensions are coming to a head as Hungary delays a proposed EU…

France 24

Harry and Meghan series attack on Brexit ‘jingoism’ is wrong, says Lord Frost

Brexit gave ‘people with really horrible views more confidence’, claims Sussexes’ foundation chief

The Independent UK

Four people arrested as part of inquiry into Gulf state buying EU influence

Belgian police seized cash and searched 16 properties across Brussels during major investigation into corruption and money laundering

The Guardian - UK

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Banking reforms expert Q&A: will relaxing the rules help the UK economy and what are the risks?

Jeremy Hunt, the UK chancellor of the exchequer, has unveiled a package of measures aiming to protect the City of London’s position as one of the world’s leading financial capitals. With the UK having lost nearly a tenth of the financial assets it manages since Brexit, plus at least 7,000…

The Conversation

Chancellor’s post-Brexit City reforms risk a ‘race to the bottom’

There is a sweeping package of more than 30 reforms

Evening Standard

Avian flu has led to the killing of 140m farmed birds since last October

Culls and compensation have cost hundreds of millions of pounds in the US, UK and Europe, with current outbreak predicted to worsen

The Guardian - UK

France, Spain, Portugal to build hydrogen pipeline by 2030

Spain, France and Portugal have agreed to build a major undersea pipeline to transport hydrogen from the Iberian Peninsula to France and Europe by 2030

The Independent UK

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Brexit: 65% of voters say EU withdrawal has gone badly, poll finds

Steady ‘erosion’ in support for Brexit amid economic gloom, says Prof John Curtice

The Independent UK

Volkswagen Delays Decision On Eastern Europe Battery Gigafactory

The Czech Republic, Hungary, Poland and Slovakia compete for VW's battery cell plant in eastern Europe, originally expected to start production in 2027.

InsideEVs

Russian defence minister's lover kicked out country over threat to national security

Yelena Kaminskas has been denied entry to Lithuania for five years and had her residence permit revoked - she has also been banned from the EU for three years

Daily Mirror

Russian oligarch wins access to second impounded yacht on French Riviera

A French court on Friday ordered the customs agency to release a second impounded yacht owned by a Russian billionaire hit by European sanctions, citing procedural errors made during its seizure.

Reuters

EU locked in intensifying tug-of-war with Hungary over money

The European Union was haggling with Hungary on Friday over releasing billions of euros in aid in exchange for Budapest revoking its veto on extending a joint loan to Ukraine and acceding to a minimum global tax.

Reuters

UK banking rules set for biggest shake-up in 30 years as Jeremy Hunt axes EU red tape

Jeremy Hunt has announced a package of more than 30 regulatory changes - known as the "Edinburgh Reforms" - which will replace EU regulation and "cut red tape" following Brexit

Daily Mirror

Officer injured in shooting amid tension in northern Kosovo

Kosovo police say armed men fired guns from a vehicle, injuring one officer

The Independent UK

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Reuters

EU parliament member, Gulf state probed over suspected graft

Belgium launched an investigation on Friday into possible corruption involving an unidentified Gulf state and at least one member of the European Parliament, the federal prosecutor said.

Fortune

Elon Musk's focus on Twitter leaves Tesla investors fuming

Musk can't stop finding new cans of worms to open at his new acquisition.

The Conversation

Why we need more Lehman Sisters: the significant benefits of female leadership

Establishing gender equality is one of the founding values of the European Union, yet women are still underrepresented in decision-making positions in Europe. According to the European Institute of Gender Equality (EIGE), women represent just 32.3% of presidents, board members and employee representatives, and 21.5% of CEOs, executives and non-executives…

Bangkok Post

Guru Weekly's Buzz for Dec 9-15

Guru by Bangkok Post's pick of the most exciting products, activities, art exhibitions, shows, food and hotel deals.

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The National (Scotland)

UK Government lays out plans to use 'Brexit freedoms' for 'Edinburgh Reforms'

THE UK Government has announced plans to use "Brexit freedoms" to launch a raft of major reforms to the financial sector to replace EU…

The Independent UK

UK quitting EU single market ‘laid foundation’ for protocol, says German minister

Responsbility to ‘implement’ Northern Ireland Protocol, says Annalena Baerbock ahead of meeting with foreign secretary James Cleverly

Reuters

Italy's Meloni to skip EU Med-9 summit due to flu

Italian Prime Minister Giorgia Meloni will no longer attend a summit of southern EU countries in the Spanish city of Alicante on Friday after coming down with the flu, and will be replaced by Foreign Minister Antonio Tajani, her office said on Friday.

Insider UK

UK to cut finance red tape and axe EU rules in bid for growth

The Chancellor is in Edinburgh to announce major reforms of UK financial services regulation

The Independent UK

Jeremy Hunt launches post-Brexit plan to rip up EU banking red tape

Brussels’ rules ‘choking’ economic growth, claims chancellor – vowing to ‘seize Brexit freedoms’

ABC News

Green hydrogen exports from WA seen as possible power source for Europe

The WA government will take part in an international study to determine how to fast-track hydrogen exports from Oakajee, north of Geraldton, to the Netherlands and Germany.

The Guardian - UK

Jeremy Hunt to outline plans for shake-up of City regulation

Chancellor expected to target senior managers’ regime and ringfencing rules in 30-point package

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