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The Latest Breaking News from European Union

Let the mother of all EU battles begin: What’s at stake in the new long-term budget?

Tomorrow, the European Commission will unveil its proposal for the EU's next long-term budget. Here's why it matters, why its figures have been shrouded in secrecy, what we know so far (and what to expect next).

Euronews

Exclusive: US pitches special role in EU regulatory surveillance in trade deal

Amid an ongoing dispute over tariffs, the US is pressuring the EU to revise its digital regulations and is angling for a seat at the table. How much room for manoeuvre does Big Tech really have?

Euronews

'Show me the money': EU's defence industry wants at least €100 billion after 2027

The European defence industry has urged policymakers to allocate at least €100 billion to defence under the next long-term common budget (2028–34), emphasising that this is the 'bare minimum' required to strengthen the bloc's military capabilities.

Euronews

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Divided EU Weighs Action Against Israel Over Gaza War

EU foreign ministers on Tuesday will discuss a raft of options for action against Israel over the war in Gaza -- but likely will not agree on any.

International Business Times

Palantir, The Trade Desk, Tilray, Sonnet Biotherapeutics, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks traded mostly flat on Monday as investors reacted to President Donald Trump’s announcement of a 30% tariff on all imports from the EU and Mexico, effective August 1. Inflation worries ahead of Tuesday's CPI data also weighed on sentiment. By the close, the Dow rose 0.2% to 44,459.65,…

Benzinga

Israel bombards Gaza, killing 78, as truce talks stall

The attacks come amid a worsening hunger crisis as Israel severely restricts entry of food, fuel, water and medicines.

Al Jazeera

Latest US Tariff Threats Boost the Dollar

The dollar index (DXY00 ) on Monday rose by +0.24% and posted a new 2.5-week high. The dollar moved higher as President Trump's threats to impose 30% tariffs on goods from the European Union (EU) and Mexico, beginning August 1, risk stoking inflation pressures that could keep the Fed from...

Barchart

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Porsche Hikes Prices Again Due to 'Market Conditions'

A Porsche being expensive is not news. These cars always have been, and always will be. But, recently, the automaker implemented price increases across its entire lineup, citing "market conditions." Initially brought to our attention by Road Track, Porsche has since confirmed these price increases.

Motor1

‘Unbelievable’: Did Donald Trump just hand his opponents the perfect weapon by making enemies out of everyone who sells us stuff?

Either the US calms down, or a united front is formed.

We Got This Covered

New tariff threats could increase camera prices in the US (again) after August 01

The Trump administration has now threatened higher tariff rates beginning in August for the EU, along with more than 20 nations

Digital Camera World

The Guardian view on Europe’s Trump challenge: Brussels must hold its nerve and think big

Editorial: A renewed threat of punitive tariffs from the White House is a reminder that the EU must invest in its own values in a volatile and transforming world

The Guardian - UK

EU trade ministers discuss €72 billion retaliatory tariffs on US goods

Caught off guard while preparing to sign an agreement in principle with the US on tariffs, the EU is gearing up for retaliation in case negotiations fail following the new US threats over the weekend.

Euronews

FTSE 100 thrives but tariff threat hurts Europe

US President Donald Trump on Saturday said major trading partners Mexico and the EU would face a 30% tariff starting next month.

Evening Standard

Over €10 billion has now been pledged for Ukraine’s recovery. It’s nowhere near enough

Clearly angered by the intensification of Russia’s air campaign against Ukraine, Donald Trump has pivoted from the suspension of US military assistance to Ukraine to promising its resumption. Russia’s strikes on major cities killed more civilians in June than have died in any single previous month, according to UN figures.

The Conversation

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Barchart

Dollar Supported by Latest US Tariff Threats

The dollar index (DXY00 ) today is up by +0.07%, and posted a new 2.5-week high. The dollar moved higher due to a slump in stocks, which boosted some liquidity demand for the dollar. Also, President Trump's threats to impose 30% tariffs on goods from the European Union (EU) and...

The Conversation

EU sanctions against Israel: here’s what’s on the table

As the humanitarian crisis in Gaza deepens, calls for the EU to take action against Israel have become all but impossible to ignore.

The Independent UK

Voices: ‘Schengen, the euro, the whole thing’: Readers say UK must fully commit to rejoining EU

YOUR VIEWS: Our community agrees that Brexit’s challenges mean the UK must embrace Schengen, the euro, and full EU membership – no half-measures – to truly move forward

Euronews

Online platforms get further EU guidance on how to protect minors

The European Commission began a few investigations into potential breaches of the Digital Services Act (DSA) around minor protection.

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We Got This Covered

Europe’s 72 billion revenge plan against Trump tariffs put on ice as von der Leyen chooses negotiation over economic warfare

Two-track approach, one frozen plan.

Benzinga

Tesla And Apple Face Brand-New Wrecking Ball—Thanks To Trump

President Donald Trump's latest salvo on trade policy has rattled markets, and auto giants like Tesla Inc. (NASDAQ:TSLA) and big tech like Apple Inc. (NASDAQ:AAPL) may bear the brunt. Trump has floated the idea of imposing 30% tariffs on imports from the European Union and Mexico, two regions that play a crucial role in both companies’…

Euronews

Are women overtaking men in cultural employment in the EU?

The year 2024 marks the lowest gender gap in cultural employment in the last decade. However, men still earned more than women in 26 member states.

The National (Scotland)

EU risks breaching international law with Israel gas deal, campaigners say

THE EU is risking a breach of international law over a gas deal with Israel, a human rights organisation has said.

Euronews

UniCredit Banco BPM merger battle deepens as Brussels warns Italy against unlawful interference

Rome’s use of the ‘Gold Power’ rule to impose conditions on the merger is controversial because the two companies are both Italian and there is no apparent threat to national security.

The Independent UK

Kosovo fighter's sentence cut to 13 years despite court upholding convictions for murder and torture

A European Union-backed court has upheld convictions against former Kosovo Liberation Army fighter Pjetër Shala for murder, torture and arbitrary detention

Euronews

EU's AI Code ready for companies to sign next week

Both the member states and the European Commission need to formally give the green light to the Code, which helps providers of AI systems comply with the EU’s AI Act.

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