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The Latest Breaking News from European Union

EU weighs Plan B for Ukraine as Belgium raises bar to unblock reparations loan

Belgian Prime Minister De Wever lashed out at plans for a reparations loan in a strongly worded letter to Ursula von der Leyen, calling it dangerous and wrong. European officials are seriously considering a bridge loan as clock ticks for the December summit. Belgian resistance is seen as entrenched.

Euronews

Travel disruption: Thousands of Airbus planes grounded after faulty software detected

Airlines have been forced to ground thousands of Airbus planes following a software problem possibly linked to an aircraft's sudden loss of altitude last month.

Euronews

Could the EU’s frozen-assets plan really destabilise European bond markets?

EU plans to use frozen Russian assets to help Ukraine have prompted warnings that the move could push up government borrowing costs. But experts told Euronews Business that any impact on European debt markets is likely to be limited.

Euronews

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Orbán's visit to Putin 'a hostile act' for Europe

Viktor Orbán says he has secured guarantees for long-term energy supplies from Russia during his meeting with Vladimir Putin as he bucks the European consensus on the invasion of Ukraine.

Euronews

Revealed: Europe’s water reserves drying up due to climate breakdown

Exclusive: UCL scientists find large swathes of southern Europe are drying up, with ‘far-reaching’ implications

The Guardian - UK

The week Europe realised it stands alone against Russian expansionism

Washington’s Putin-appeasing plan for peace in Ukraine has failed, but many heard death knell sounded for European reliance on US protection

The Guardian - UK

Two ships of Russia's sanctioned shadow fleet caught fire in the Black Sea off Türkiye

Two sanctioned oil tankers, the Kairos and the Virat, have caught fire in the Black Sea a few dozen nautical miles off the Turkish coast. Their crews are safe as the causes of the explosions are being investigated.

Euronews

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Cocoa Prices Surge as ICCO Cuts Global Cocoa Production and Surplus Estimates

March ICE NY cocoa (CCH26 ) on Friday closed up +411 (+8.07%), and December ICE London cocoa #7 (CAZ25 ) closed up +164 (+4.34%). Cocoa prices rallied sharply on Friday and posted 1-week highs. Cocoa price surged on Friday after the International Cocoa Organization (ICCO) cut its global 2024/25 cocoa...

Barchart

A public inquiry on Brexit might make it easier for us to rejoin the EU

Letters: Let’s set the record straight on the cause of our economic woes and inability to control immigration, writes Robert Gildea. Plus a letter from Rachel Foggitt

The Guardian - UK

Net migration has dropped to pre-Brexit levels – why it may not be enough to satisfy voters

Net migration to the UK has fallen to levels last seen before Brexit. The latest ONS figures show net migration reached just over 200,000 in the year ending in June. This marks a 78% decline over the past two years, from a peak of more than 900,000.

The Conversation

Cocoa Prices Jump as Dollar Weakness Spurs Short Covering

March ICE NY cocoa (CCH26 ) today is up +430 (+8.44%), and December ICE London cocoa #7 (CAZ25 ) is up +171 (+4.52%). Cocoa prices are sharply higher today, posting 1-week highs. Today's fall in the dollar index (DXY00 ) to a 1.5-week low has sparked short-covering in cocoa futures....

Barchart

Hungary's Orban defies EU by promising to go on buying Russian oil

Hungarian Prime Minister Viktor Orban defied Brussels on Friday by promising Russia's President Vladimir Putin he would keep buying Russian oil, despite the EU's push to isolate Moscow over its invasion of Ukraine.

Radio France Internationale

Labour urged to tackle Britain's 'brain drain' as thousands of young people leave UK for life abroad

Some 174,000 16 to 34-year-olds left the country in the year to March, figures released by the Office for National Statistics show

Evening Standard

Zelenskyy pledges wholesale changes and office shakeup as his chief of staff resigns

The Ukrainian president said he wanted to "avoid rumours and speculation" as his chief of staff Andriy Yermak resigned after an anti-corruption raid on his home and office.

Euronews

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Euronews

EU member states back von der Leyen's controversial trade deal terms under pressure from Trump

The 27 back the Commission's deal, but the European Parliament is preparing for a fight to change the terms considered unfair after Trump tripled tariffs on the EU while Brussels reduced duties to zero for the US.

The Guardian - UK

Talks for UK to join EU defence fund collapse in blow to Starmer’s bid to reset relations

UK had been pushing to join €150bn Safe fund, a loan scheme that is part of bloc’s drive to rearm Europe

Euronews

EU seeks to exploit nature-based products for competitiveness push, green groups say

Nature-based products such as biofuels and bioplastics will be looked to as drivers of green growth under a recently announced bioeconomy strategy, but critics are wary of overexploitation.

Evening Standard

OPINION - Migration figures show 693,000 people left Britain last year – were they our brightest and our best?

Net migration might have fallen, but nearly a million people came to the UK in the year to June

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The Independent UK

Talks on UK access to an EU defense fund have broken down

Talks on the U.K. joining a major EU defense fund have ended without agreement, the British government said Friday

Euronews

Which EU countries have the biggest gender gap when it comes to investment?

Greater participation by women in the investment landscape could boost EU GDP by €600 billion by 2040.

Euronews

European interceptor drones are technologically world leaders

Drone interception technology made in Europe is world-class. The Baltic states in particular, are skilled in drone technology. What is the reason for this success story? A Euronews report from Estonia and Latvia.

Euronews

Hungary's Orbán seeks more Russian oil and gas in meeting with Putin

The Hungarian prime minister met the Russian president in Moscow to secure more oil and gas supplies, despite EU efforts to cut Russian energy imports by 2027.

Euronews

Biggest eurozone members see easing inflation except for Germany

Inflation figures from some of the biggest eurozone economies, including France, Spain, and Italy, show no immediate threat of price hikes. However, German inflation figures came in unexpectedly high.

The Guardian - UK

Germany to urge EU to soften 2035 ban on sale of new petrol and diesel cars

Friedrich Merz to ask for series of exemptions in attempt to protect crisis-hit automotive industry

inkl

Europe Tightens Grip on Chip Industry as Dutch Take Control of Nexperia

Tensions between the West and China have escalated with the Dutch government’s intervention in the management of Nexperia, a chip manufacturer. Experts say this is one of the clearest signals of a shifting balance of power in the global semiconductor industry.

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