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The Latest Breaking News from European Union

Russia claims its spy chief held ‘lengthy’ phone call with new head of MI6

Blaise Metreweli took office as the first female MI6 chief in October

The Independent UK

Watch live: Vladimir Putin holds annual end of year address and phone-in with Russians

Watch live as Vladimir Putin holds his annual televised new conference on Friday (19 December).

The Independent UK

Finally, Labour is finding its nerve and getting Britain’s bad Brexit deal undone

Rejoining Erasmus should just be a first step – as the economic evidence piles up, the need for closer ties with Europe could not be clearer, says Guardian columnist Polly Toynbee

The Guardian - UK

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Volkswagen Warns Small Gas Cars Are Doomed: 'The Future... Is Electric'

Automakers are breathing a sigh of relief now that the European Commission is proposing to reverse the 2035 sales ban on new vehicles with combustion engines. However, companies will still have to slash fleet emissions by 90 percent compared to 2021 levels. Even before the middle of the next decade,…

Motor1

EU greenlights €90bn loan for Ukraine, without frozen Russian assets

European Union leaders have agreed a €90 billion loan package for Ukraine, offering Kyiv a financial lifeline as it faces mounting budgetary pressure, but stopped short of the contentious step of using frozen Russian state assets.

Radio France Internationale

EU leaders agree on €90 billion support package for Ukraine at Brussels summit

Belgium hosted an EU summit ending with a €90bn Ukraine support deal, while divisions over the Mercosur trade pact forced leaders to delay a decision.

Euronews

EU leaders reach new €90bn deal with Ukraine with key omission

IN FULL

The Independent UK

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Zelenskyy and Polish PM hail EU’s €90bn loan: ‘Scariest thing for Russians is when we’re together’ – as it happened

Ukrainian leader welcomes move as Donald Tusk says ‘it could be better’ after Russian frozen assets left out of deal

The Guardian - AU

Europe Today: A dramatic end to the EU summit on Ukraine and Mercosur

Tune in to Euronews' new flagship morning programme, Europe Today, at 8 am Brussels time. In just 15 minutes, we bring you up to speed on the biggest news of the day.

Euronews

Zelensky welcomes £78.8bn EU backing for Ukraine

The loan avoids the EU having to use frozen Russian assets.

Evening Standard

Lib Dems call for inquiry into hostile foreign state interference to include US

Party says US government’s explicit support for far-right nationalist parties in Europe amounts to outside interference

The Guardian - UK

What is so unusual about UK job postings since the pandemic?

Euronews

EU to issue €90 billion in joint debt for Ukraine after hitting a wall on reparations loan

EU leaders fail to strike a deal on an unprecedented reparations loan for Ukraine, turning to joint debt instead to finance a €90 billion loan. Hungary, the Czech Republic and Slovakia will not participate in the scheme.

Euronews

Ukraine war briefing: Hungary agrees to allow EU loan to Kyiv but will not contribute

Viktor Orbán appeared to have agreed not to block the borrowing as long as his country, Slovakia and the Czech Republic were excluded from the guarantees. What we know on day 1,395

The Guardian - AU

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The Independent UK

What to know about the possible impact of Japan's rate hike

Global investors are bracing for a hike by the Bank of Japan that may take its key interest rate to a 30-year high

The Guardian - UK

Ukraine deal: EU leaders agree €90bn loan, but without use of frozen Russian assets

Two-year deal will cover most of Ukraine’s needs, but will be secured against EU borrowing rather than Russian assets

The Independent UK

India’s push for battery recycling promises jobs, clean energy and mineral security

Reusing, recycling and repurposing batteries can reduce dependence on hard to obtain critical minerals and create a $9 billion industry, according to energy analysts

The Independent UK

EU leaders agree on 90 billion euro loan to Ukraine

European Union leaders have agreed to provide a massive interest-free loan to Ukraine to meet its military and economic needs for the next two years

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Euronews

Mercosur signature delayed to January after Meloni asked for more time

The European Commission announced it will delay the signing of the Mercosur trade agreement until the new year after Meloni asked for more time. No date has been set. Backers hope deal won't be further derailed.

The Independent UK

Watch: Putin calls European leaders ‘little pigs’ ahead of crucial summit in Brussels

Vladimir Putin has called European leaders “little pigs” who want the collapse of Russia, ahead of a key EU summit in Brussels.

International Business Times

From Dark Waters to Dinner Plates: Why Smart Chemical Regulation Matters More Than Ever for Global Food Safety

The choice is not between inaction and reckless prohibition. It is between poorly informed regulation and smart, evidence-based governance. Effective phase-outs require clear timelines, application-by-application risk assessments, and realistic transition planning.

Barchart

Cocoa Prices Settle Lower on Expectations of Adequate Supplies

March ICE NY cocoa (CCH26 ) on Thursday closed down -44 (-0.74%), and March ICE London cocoa #7 (CAH26 ) closed down -24 (-0.55%). Cocoa prices settled lower on Thursday, with NY cocoa falling to a 1-week low. Favorable weather in West Africa is expected to boost yields and supply,...

International Business Times

Crucial Proposal Inside Ukraine Peace Plan Now 'Dead', Top Putin Ally Declares

The Prime Minister of Hungary, Viktor Orbán, has called proposals to use seized Russian assets to assist Ukraine "a dead end."

Euronews

Top EU court rules Polish Constitutional Tribunal not independent due to political appointments

The Constitutional Tribunal is the highest judicial body in Poland, responsible for checking the compatibility of laws and international agreements with the country's constitution.

The Independent UK

Rapper Wiz Khalifa sentenced in Romania on drug possession charges

Prosecutors said he was found in possession of more than 18 grams of cannabis, and that he consumed some on stage at a music festival

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