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The Latest Breaking News from European Union

Gas and oil prices soar to all-time highs amid Russian supply fears

France’s economy minister has warned people will have to “pay more attention to consumption” after the price of natural gas in Europe jumped by 60 percent on Monday and oil is close to its record of 2008, in the wake of the crisis in Ukraine.

Radio France Internationale

How Europe finances Putin’s war

Credibility lies at the heart of deterrence. Whether you are Nato Secretary General or the cat lady from down the street, it doesn’t matter how severe the threat unless it is deemed plausible.

Evening Standard

Factbox-Putin's Russia hit with wall of international sanctions after Ukraine invasion

The world's big economies have hit Russia with a wall of sanctions after its invasion of Ukraine.

Reuters

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Arms industry eyes boost as Europe looks to bolster defences

Russia's invasion of Ukraine has catapulted defence spending up the political agenda in Europe and could herald a new era of purchases led by Germany, according to weapons makers gathering at an arms fair in Saudi Arabia this week.

Reuters

How many refugees have fled Ukraine and where are they going?

More than 1.7 million civilians have fled Ukraine because of the Russian invasion, according to the United Nations (UN).

Evening Standard

More than 1.7 million Ukrainians have fled, UN says as tide of refugees grows

More than 1.7 million Ukrainians fleeing Russia's invasion have so far crossed into Central Europe, the United Nation's refugee agency said on Monday, as thousands more streamed across the borders.

Reuters

EU to discuss Ukraine’s membership bid this week -EU's Michel

European Union leaders will discuss Ukraine's application to join the 27-nation bloc in the coming days, the chairman of EU summits Charles Michel said in a tweet on Monday.

Reuters

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Putin urges EU to make Kyiv "respect humanitarian law" in talks with Michel -Kremlin

Russian President Vladimir Putin held a phone call with European Council President Charles Michel on Ukraine, during which Putin urged the European Union to pressure authorities in Kyiv to respect humanitarian law, the Kremlin said on Monday.

Reuters

Wizz Air cuts growth targets after axing flights to Russia and Ukraine

The company is the only EU carrier to have a base in Ukraine

Evening Standard

Gas prices spike 18 times higher as west threatens Putin with energy sanctions

Cost of living crisis set to deepen as oil approaches record high and EU, US leaders mull tougher sanctions on Kremlin

The Independent UK

Georgia speeds up EU application in policy U-turn

Move comes amid public alarm over Russia’s invasion of Ukraine, as Moldova also applies to join bloc

The Guardian - UK

Italy says EU countries need to move quickly on sanctions against Russia

Italy's Prime Minister on Monday called for countries of the European Union to act swiftly with sanctions against Russian people and entities following Moscow's attack on Ukraine.

Reuters

Johnson says UK may need to produce more oil and gas to reduce reliance on Russia – as it happened

UK prime minister says he will announce an energy supply strategy soon but adds that UK must go ‘step by step’

The Guardian - UK

Italian Defense Official to Asharq Al-Awsat: Russia Left us No Choice

A high-ranking Italian official said Moscow's invasion of Ukraine left the Europeans with no choice but to tighten sanctions against it in solidarity with the Ukrainian people. Italy's Undersecretary of State for Defense, Giorgio Mulè warned that Europe was headed towards a period of instability, but this does not mean…

Asharq Al-Awsat

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The Independent UK

Oil price at highest since 2008 as Europe and US mull ban on Russian imports

US secretary of state Antony Blinken revealed that he was in ‘very active discussions’ with allies in Europe over a ban.

Reuters

EU asks U.N. watchdog to safeguard Ukraine's nuclear plants

The European Union has asked the U.N. nuclear watchdog to safeguard Ukraine's nuclear plants, two of which are now under Russian control, and mobilise international help in case of an emergency, according to a letter seen by Reuters.

Asharq Al-Awsat

EU Asks UN Watchdog to Safeguard Ukraine's Nuclear Plants

The European Union has asked the UN nuclear watchdog to safeguard Ukraine's nuclear plants, two of which are now under Russian control, and mobilize international help in case of an emergency, according to a letter seen by Reuters. Russian forces have seized Ukraine's Zaporizhzhia nuclear power plant, Europe' biggest, and…

Reuters

Some 5 million people could flee Ukraine, EU's Borrell says

As many as five million Ukrainians are expected to flee the country if Russia's bombing of Ukraine continues, the EU's top diplomat said on Monday.

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The Guardian - UK

German chancellor Scholz pushes back against Russian energy import ban, as oil and gas climb – as it happened

Rolling coverage of the latest economic and financial news

France 24

As it happened: EU agrees to review membership bids from Ukraine, Georgia, Moldova

EU nations agreed Monday to start the lengthy process of examining membership bids submitted by Ukraine, Georgia and Moldova in the wake of Russia's invasion of its pro-Western neighbour, according to diplomats. Follow our live blog for all the latest developments.

Tribune News Service

Denmark will hold June vote on joining EU’s defense pact

Denmark will hold a referendum on joining the European Union’s defense pact as Russia’s war against Ukraine looks to push the Nordic nation, which has often been skeptical about its EU membership, closer to the bloc.

Tribune News Service

Europe urges fast action on Ukrainian nuclear plants’ safety

The European Union called for rapid intervention by the International Atomic Energy Agency amid growing concern about the safety of Ukraine’s nuclear plants, two of which have been seized by invading Russian forces.

Al Jazeera

Latest Ukraine updates: UN urges safe passage for civilians

Russia-Ukraine news from March 7: Kyiv says Russian shelling is preventing evacuation of civilians and delivery of aid.

The Guardian - UK

Denmark to hold referendum on scrapping EU defence opt-out

PM urges voters to overturn existing policy in June and pledges boost to defence spending following Russian invasion of Ukraine

The Independent UK

Denmark to hold referendum on joining EU's common defense

Denmark will hold a referendum in June because of Russia’s invasion of Ukraine on whether to join the European Union’s defense pact and scrap the Nordic country’s 30-year-old opt-out from the bloc’s common security and defense policies

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