The Latest Breaking News from European Union

Once The Bane Of Big Tech, Vestager's Star Wanes

Margrethe Vestager is preparing to return to her day job as the European Union's competition chief after a hard-fought and ultimately unsuccessful bid to lead the bloc's lender.

International Business Times · Dec 8, 2023

Is a Hybrid Cloud the Best Choice?

Many organizations adopt a hybrid cloud platform to reduce costs, minimize risk and extend existing capabilities

TV Tech · Dec 8, 2023

EU agrees plan to enable member states to end all gas imports from Russia

New power to allow importers to sever ties would help to end Europe’s reliance on Russian supplies

The Guardian - UK · Dec 8, 2023

European Commission stumps up over €1 billion to build native cloud

European Commission signs off more than a billion in funding to grow its home cloud market.

TechRadar · Dec 8, 2023

India will address EU's carbon tax issue; will retaliate if required: Goyal

India to address EU's carbon tax plan; Goyal says "retaliate if needed". India will find solutions to CBAM & convert it to its advantage. Goyal urges industry to promote electric vehicle mission & replace old vehicles with EVs. India's forex reserves enough for 5-6 years. Goyal says India can aspire…

The Hindu · Dec 8, 2023

Spain's Calvino Beats Vestager To Head Bloc's Lender

Spain's economy minister Nadia Calvino on Friday won the race to lead the European Investment Bank, the bloc's lending arm whose significance has grown since war broke out in Ukraine.

International Business Times · Dec 8, 2023

Viktor Orbán doubles down on opposition to Ukraine’s EU accession talks – as it happpened

He insisted that Hungary opposes opening accession talks because Ukraine is not ready and due to the economic impact on the EU

The Guardian - UK · Dec 8, 2023

Spain Finance Chief Calvino To Head EU's Lending Arm

Spain's Economy Minister Nadia Calvino, the newly-named European Investment Bank (EIB) chief, is a politician who is well-versed in EU lore and a pragmatist with experience of navigating power struggles.

International Business Times · Dec 8, 2023

Armenia, Azerbaijan Agree To Take Steps Towards Normalization

The Caucasus neighbors have long fought over the Nagorno-Karabakh region, which Azerbaijan reclaimed after a lightning offensive against Armenian separatists in September.

Latin Times · Dec 8, 2023

EU To Resume Negotiations On World's First AI Law

Brussels wants to approve the world's first comprehensive AI law before the end of 2023 after the issue took on greater urgency when the ChatGPT bot dazzled the world last year, showcasing AI's rapid advances.

Latin Times · Dec 8, 2023