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The Latest Breaking News from European Union

Village Farms' Q4 Earnings Top Estimates

Village Farms International (NASDAQ:VFF) reported fourth-quarter FY21 sales growth of 55% year-on-year, to $72.81 million, beating the consensus of $70.08 million. Total cannabis sales increased 168% Y/Y to $34.4 million. Produce sales increased 11% to $38.4 million. The gross profit expanded to $19.9 million, with the margin at 27.3%. Adjusted EBITDA was $5.3…

Benzinga

‘Significant questions remain’ over UK offer to Ukrainian refugees as loved ones still unable to reunite

Ministers warned of ‘gaps and delays in system’ and urged to go further by waiving visas for Ukrainians

The Independent UK

France, Germany, Poland committed to strengthening Ukraine's integration with EU

France, Germany and Poland on Tuesday said they backed Ukraine building closer political and economic ties with the European Union.

Reuters

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People Before Profit accuses Irish Government of getting involved in EU 'militarisation project' in row over neutrality amid Ukraine-Russia crisis

'We are very concerned that some of those in the Government that have long wished to abandon Irish military neutrality... are essentially using the Ukraine crisis as an opportunity'

Irish Mirror

The age of levity is over. The Russia-Ukraine war will shake politics into a new sobriety

When Ukraine calls to Europe for help, it is appealing to an ideal that Britain has treated as a joke for too long, says Guardian columnist Rafael Behr

The Guardian - UK

Food and drink exports to Europe fall by a quarter after Brexit

Sales outside Europe rise over same period, suggesting EU withdrawal has hit business

The Independent UK

DirecTV latest network to drop RT amid Russian invasion of Ukraine

European Union moved to ban Russia state media as well

The Independent UK

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Ukraine war refugees: What help is UK providing and why are we not doing more?

Under-pressure Boris Johnson has extended the UK's help for Ukrainian refugees fleeing Russia's war - but there are calls for him to do more, as most of the people who'll benefit

Daily Mirror

‘Prove you are with us’ : Zelensky issues powerful speech to EU as interpreter becomes emotional

‘Prove that you are with us. Prove that you will not let us go,’ the Ukrainian President said

Evening Standard

EU nations considering banning Russian ships from ports - officials

European Union countries are considering a ban on Russian ships entering the bloc's ports, aiming to tighten sea restrictions after a halt on air traffic, European officials say, a step that would further hamper Russia's commercial shipments.

Reuters

Alisher Usmanov releases statement as Everton face pressure to cut USM ties

Alisher Usmanov has released a statement over EU sanctions and was named in Parliament as MP Chris Bryant calls for Everton to sever ties with him

Liverpool Echo

UK and EU diplomats WALK OUT during Russian minister's speech at conference

The pre-recorded speech saw the foreign minister blame Ukraine for the war and claim Kyiv had been seeking to acquire nuclear weapons

Daily Mirror

Islamabad-based diplomats call on Pakistan to condemn Russia

The top diplomats of 22 countries, including European Union member states, on Tuesday jointly called on the government of Pakistan to support a resolution in the United Nations General Assembly condemning Russia's aggression against Ukraine.

Reuters

Elite fighting unit sent to assassinate Ukraine President Zelensky killed

Kyiv's Secretary of the National Security and Defence Council, Oleksiy Danilov, said the unit was closely followed since dropping into Ukraine, and has been neutralised

Daily Mirror

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Radio France Internationale

EU dampens Ukraine plea for 'immediate' membership despite strong support

The European Union has poured cold water on a plea from Ukrainian President Volodymyr Zelensky for "immediate" membership to the bloc despite strong support from eastern EU states.

Reuters

EU finance ministers to discuss impact of Ukraine war on Wednesday

European Union finance ministers will discuss the economic impact of the war in Ukraine on Wednesday and seek to coordinate to minimise the fallout from the crisis, EU officials said.

Reuters

Russian tourists stranded in Bulgaria by flight ban

Hundreds of Russian skiers are stranded in Bulgaria's mountain resorts and wondering how they can return home after Russia's invasion of Ukraine prompted the European Union to close its airspace to all Russian planes.

The Conversation

Ukraine war: RT coverage is biased and misleading but banning the network may not be a good idea

YouTube has blocked access across Europe to Russia’s state-funded international broadcasters, RT (formerly Russia Today) and Sputnik – including to the UK. The decision follows the announcement on February 27 of expanded sanctions against Russia by the European Commission, which saw RT, Sputnik and their subsidiaries, banned across the EU.…

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The Conversation

Germany's €100-billion army fund: a remarkable change in post-war policy in response to the Ukraine crisis

If you’d asked experts just a fortnight ago what the key features of Germany’s approach to foreign and defence policy were, there would have been several strands. Alignment with the west, and of course membership of the EU and Nato would have been a feature. Striving for strong transatlantic links…

Reuters

EU in talks with U.S. on possibly expanding airspace ban for Russian carriers

European Union officials are speaking with their United States counterparts about extending the current airspace bans imposed on Russia following its invasion of Ukraine, a senior EU official said on Tuesday.

The Conversation

Economic sanctions will hurt Russians long before they stop Putin's war in Ukraine

The Russian invasion of Ukraine has been met with myriad sanctions imposed by many western nations. Imposing economic sanctions is often seen as an alternative to military intervention. The idea is that sanctions cause economic damage and coerce the target to change its objectionable course of action.

The Conversation

Ukraine: why the sanctions won't topple Putin

Russia knows sanctions. In 2009, the death of Moscow anti-corruption lawyer Sergei Magnitsky in custody motivated Bill Browder, an entrepreneur who used to work in Russia and employ him, to lobby the US government to introduce sanctions against Russia.

Daily Mirror

Everton told to cut ties with Alisher Usmanov amid close relationship with Vladimir Putin

Former Arsenal shareholder and current Everton backer Alisher Usmanov has been sanctioned by the European Union due to his ties with Vladimir Putin

Reuters

Neutral Ireland likely to get more involved in EU defence policy - Deputy PM

Ireland is likely to reconsider its tradition of military neutrality in the wake of Russia's invasion of Ukraine and may get more involved in common European Union defence policy, Deputy Prime Minister Leo Varadkar said on Tuesday.

Reuters

EU must prepare for millions of refugees from Ukraine, commissioner says

The European Union must prepare for "millions" more refugees fleeing Russia's invasion of Ukraine after more than 400,000 have passed into the bloc, EU Home Affairs Commissioner Ylva Johansson said on Tuesday on a visit to Slovakia.

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