The Latest Breaking News from European Union

RECAP: Asian markets sold off sharply on Friday and Europe followed as investors braced for a hefty US rate hike next week amid growing concerns of a global recession following warnings from the World Bank and the International Monetary Fund.

Under new EU Vat rules, agreed by the EU finance ministers, Ireland can now apply a zero rate of VAT to newspapers and digital subscriptions.

President Vladimir Putin on Friday denied Russia had anything to do with Europe's energy crisis, saying that if the European Union wanted more gas it should lift sanctions preventing the opening of the Nord Stream 2 pipeline.

Hungarian Prime Minister Viktor Orban expects European Union leaders to start talks on extending sanctions on Russia in the autumn but Budapest would try to block the move, Radio Free Europe/Radio Liberty reported, citing unidentified sources.

As households and businesses face rising energy bills, the EU's Commissioner for Jobs and Social Rights is stressing the importance of supporting small and medium-sized businesses all over Europe. "A lot of households and household incomes depend on the survival of SMEs. That's why it's important to support businesses and…

The changes will impact schools' half-term break and late season rush for holiday bargains

The European Union’s executive branch has unveiled plans for new laws that it said would help protect media freedom and independence in the 27-nation bloc

Giorgia Meloni, likely to be Italy's next prime minister after elections this month, is unfit to lead the country, her critics said on Friday after she backed Hungarian leader Viktor Orban in a row with Europe.

The good news for wine drinkers is that an increase in French barrels will keep European volumes stable despite severe droughts sweeping the continent, and while yields fell in most countries, farmers foresee a particularly good quality vintage.