The Latest Breaking News from European Union

Ukraine aims to align banks, insurers with EU rules by 2028, central banker says

Ukraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Governor Andriy Pyshnyi stated banking regulations are now 78% EU-compliant, with over 50 new laws planned to attract crucial private investment for reconstruction efforts.

The Economic Times · Jun 16

Europe Today: Inside the G7 Summit in Évian

Global leaders are gathering in the French spa town of Évian les Bains for the second day of the G7. US President Donald Trump told allies that he expects the Strait of Hormuz to be “fully open” on Friday, where the framework deal to end the war is expected to…

Euronews · Jun 16

EV prices in UK and EU not likely to dive due to Chinese rivalry, says Xpeng boss

Brian Gu says he sees Chinese car firms competing on quality rather than launching price war as at home

The Guardian - UK · Jun 16

Macron says France will not bend to US on digital tax

France will not bend to pressure from US President Donald Trump and scrap ‌its digital tax on US tech giants, President Emmanuel Macron says.

AAP · Jun 15

EU Commission expected to propose trade restriction options against Israeli settlements

The European Commission is expected to propose a range of options to restrict EU trade with Israeli settlements after member states piled on the pressure at a minister-level meeting on Monday.

Euronews · Jun 15

EU fails to reach agreement on sanctioning Israel's Ben Gvir despite member state pressure

The bloc's foreign policy chief confirmed that discussions on restricting trade with illegal West Bank settlements will also continue ahead of July's ministerial meeting.

Euronews · Jun 15

India, UK working to resolve issues for trade pact implementation

India and the UK are actively resolving issues impacting their free trade agreement. Discussions are underway in London to operationalize the deal. Key concerns include the UK's steel safeguard measure and carbon Border Adjustment Mechanism. These measures could affect Indian exports. India is also engaged with the EU regarding proposed…

The Economic Times · Jun 15

Albania assures EU its Kushner-linked tourism project will meet environmental standards

Albania has promised that a €1.4bn project linked to Donald Trump's son-in-law will meet EU environmental standards, Enlargement Commissioner Marta Kos said on Monday.

Euronews · Jun 15

What’s in – and what’s not in – the US-Iran peace deal

Agreement contains no restrictions on Iran’s ballistic missiles, nor does it call for regime change or surrender

The Guardian - UK · Jun 15

Greek minister calls criticism of tougher migration policies a ‘badge of honor’

Greece’s migration minister calls criticism from human rights groups a “badge of honor” and plans to toughen migration policies

The Independent UK · Jun 15