The Latest Breaking News from European Union

EU unlocks €16bn for Hungary, as new PM Magyar presses on with reforms

European Commission President Ursula von der Leyen said on Friday the European Union would unlock more than €16 billion in funding for Hungary, as she praised early progress on reforms under the country's new leadership.

Radio France Internationale · May 29

EU taxes on digital services, gambling, crypto could yield up to €11 billion per year – Commission

European Commission is examining proposals to finance the next EU budget through tax changes targeting digital services, gambling and crypto assets.

Euronews · May 29

Is Europe finally waking up to China?

Brussels now considers current trade relations with China unsustainable. A series of EU laws and measures have so far failed to shift the dynamics, while drawing Beijing’s ire. Here are five key takeaways on the increasingly heated EU-China relationship.

Euronews · May 29

Italy wants to pull back on EU defence loan scheme to tackle rising energy costs

Security Action for Europe (SAFE) is a loan instrument designed to provide financial support to EU member states to speed up defence readiness.

Euronews · May 29

Europe’s fight to stay in the AI race

This week’s special edition of Talking Europe asks whether the EU is ready for the disruption that comes with Artificial Intelligence. It is the most important technological revolution of the century, and is set to impact every aspect of our lives.

France 24 · May 29

European Union unlocks billions in funding for Hungary after rapid reforms by new leader Magyar

Official say the European Union will unlock 16.4 billion euros or ($18.6 billion) in funds for Hungary after recently elected Prime Minister Péter Magyar enacted rapid reforms

AAP · May 29

ECB rate hike in focus as Eurozone's 'Big Four' report stubbornly high inflation

Inflation picked up across the EU’s largest economies in May, driven by higher energy prices, fuelling expectations that the ECB will raise interest rates at its June meeting.

Euronews · May 29

Putin’s cabal must be brought to trial for crimes in Ukraine. With this plan, the world can do that

A special tribunal akin to Nuremberg will not only force Russia to explain its culpability, it will show how vital it is to uphold international law, says former UK prime minister Gordon Brown

The Guardian - UK · May 29

Europe's population reckoning: How can the EU avoid falling off a demographic cliff?

It has been called Europe’s demographic time bomb: Older people are living longer, while younger people are having fewer children. Last year in France, for example, deaths outpaced births for the first time since the end of World War II, prompting President Emmanuel Macron to call for "demographic rearmament".

France 24 · May 29

What can the Dutch teach the UK about how to tackle the youth jobs crisis?

The Netherlands has the lowest rate of young people not in education, employment or training in the EU

The Guardian - UK · May 29