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The Latest Breaking News from European Union

Intel Shares Its Ambitious EU Expansion Plans

Intel Corp (NASDAQ:INTC) announced the first phase of its plans to invest up to €80 billion in the EU over the next decade. Intel plans to invest €17 billion into a leading-edge semiconductor fab mega-site in Germany, a new R&D and design hub in France, and R&D, manufacturing, and foundry services in Ireland,…

Benzinga

Europe's skepticism toward China grows

EU leaders view Beijing as a security concern.

Axios

Portugal opens disciplinary proceedings over Abramovich's citizenship

An inquiry into the granting of Portuguese citizenship to Russian oligarch Roman Abramovich has led to the opening of disciplinary proceedings against employees involved in the process, Lusa news agency reported on Tuesday.

Reuters

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Biden expected to join EU leaders in Brussels on March 24 to discuss Ukraine

U.S. President Joe Biden will "in all likelihood" join a summit of the European Union's 27 leaders in Brussels on March 24 to discuss the conflict in Ukraine, an EU official said on Tuesday.

Reuters

Eyeing Ukraine, neutral Switzerland mulls defence boost

The heads of the U.S. and Swiss air forces stressed the need for Western countries to strengthen security cooperation at an event on Tuesday that highlighted neutral Switzerland's increasingly assertive role in world affairs.

Reuters

EU plans to buy measles, polio vaccines for Ukraine refugees

The European Union is planning to buy and distribute vaccines against measles, polio, tuberculosis and COVID-19 to immunise Ukrainian children and other unvaccinated Ukrainian refugees, EU health commissioner Stella Kyriakides said on Tuesday.

Reuters

'We can manage' influx of Ukrainian refugees, says EU migration chief

All EU countries must help provide for the millions of refugees fleeing Russia's invasion of Ukraine, the bloc's top migration official said, broaching the issue of shared responsibility for those seeking shelter that has long divided Europe.

Reuters

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List of Irish companies ‘trading with Russia’ sent to Foreign Affairs Department

The Irish Parliament was previously told that 118 billion euro (£98 billion) was funnelled through Dublin to Russia between 2005 and 2017.

The Independent UK

Ministry stresses that French arms sales to Russia are not in violation of EU sanctions

The French Defence Ministry denies that France violated sanctions imposed by the European Union by continuing to sell military equipment to Moscow after it annexed Crimea in 2014.

Radio France Internationale

Leaders From 3 EU Nations Travel To Kyiv In Show Of Support For Ukraine

The prime ministers of three European Union nations are traveling by train to the besieged Ukrainian capital of Kyiv to show their solidarity for Ukraine’s efforts in fighting back against the Russian invasion.

Benzinga

Facebook parent company hit by 17 million euro fine by Irish regulator

In a statement on Tuesday, the DPC said that it had found that Meta had breached EU data protection rules.

The Independent UK

The Pontypool children’s bike maker exporting around the world with royal approval

Frog Bikes has reformed the market for children’s cycling with its lightweight bikes since it began in 2013

Birmingham Post

The have-yachts become the have-nots: how big boats became the new geopolitical power pawns

From Chelsea owner Roman Abramovich to energy tycoon Igor Sechin, Russian oligarchs are having their super-yachts seized all across Europe

Evening Standard

Borrell: EU to help Western Balkans' war-affected economies

The European Union’s foreign policy chief has said the bloc would support the Western Balkan countries to overcome the economic crisis caused by Russia's war on Ukraine

The Independent UK

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The Independent UK

Three EU leaders in surprise journey to Kyiv to show solidarity with Ukraine

Prime ministers of Czech Republic, Poland and Slovenia to meet Ukraine’s Volodymyr Zelensky

Asharq Al-Awsat

Russia Steps up Bombardment of Kyiv, Civilians Flee Mariupol

Russia stepped up its bombardment of Kyiv on Tuesday, smashing apartments and a subway station, while civilians in 2,000 cars fled Mariupol along a humanitarian corridor in what was believed to be the biggest evacuation yet from the desperately besieged seaport. On the diplomatic front, another round of talks began…

The Guardian - UK

UK politics: Blair calls for push for peace deal but says Nato should not rule out intervening in war – as it happened

Latest updates: the former PM says the west should not give up on the possibility of negotiating a peace deal with Vladimir Putin

Daily Mirror

UK announces 370 new sanctions against Russia over Ukraine as oligarchs worth £100bn hit

Downing Street claimed the mammoth announcement more than doubles the number of Russian individuals sanctioned by Britain over the Ukraine-Russia war - as it effectively mimics action by the EU

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The Guardian - UK

EU hits Roman Abramovich with sanctions in new action against Russia

Boss of state TV protester among individuals targeted, as investment and luxury exports are banned

Evening Standard

Over 1,000 Russian individuals and entities hit with UK sanctions

More oligarchs hit as high-end fashion, art and cars are targeted

Al Jazeera

Ukraine: What does neutrality mean, and could it lead to peace?

Some experts say that Ukraine remaining neutral and out of NATO could be beneficial to regional security.

Reuters

Allies join G7's WTO stance towards Russia - EU trade chief

Nine other countries have joined the G7 nations in stripping Moscow of its privileged trade treatment following Russia's invasion of Ukraine, EU trade chief Valdis Dombrovskis said on Tuesday.

Benzinga

SoftBank-Owned Arm Ltd Looks To Prune ~1K Jobs As It Prepares For IPO

SoftBank Group Corp(OTC:SFTBY) (OTC:SFTBF)-owned Arm Ltd looks to slash 15% of its workforce as it prepares for its initial public offering, Bloomberg reports. Arm aims to trim 12% - 15% of U.K. staff to control spending and focus on fewer projects. Also Read: SoftBank Aims For Arm IPO After Nvidia Dumps Takeover Plans, US Joins…

Benzinga

RWE AG May Be Forced To Cover Risk Of Soaring Energy Prices

German electricity producer RWE AG (OTC:RWEOY) could set aside capital to manage soaring energy prices if Russian gas imports are halted due to the Ukrainian crisis in the long term, Bloomberg reported. Energy companies and traders have been facing the jitters as the Russian invasion of Ukraine, and the consequent sanctions have disturbed commodity markets. Soaring prices…

The Independent UK

Russia Ukraine War Advisory

Russian bombs struck residential areas in Ukraine's capital where leaders of three EU nations planned to meet with top leaders in a symbolic show of support for the embattled nation.

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