The Latest Breaking News from Paolo Gentiloni

Türkiye President Recep Tayyip Erdogan offered on Saturday to mediate in the standoff over a Russian-occupied nuclear power station in Ukraine stoking fears of an atomic disaster. The offer came hours before the global atomic energy watchdog said that Ukraine's Zaporizhzhia nuclear power plant had been disconnected from its last…

Shutdown over ‘oil leak’ comes only hours after G7 nations agree to impose a price cap

European Union finance ministers on Tuesday formally approved Croatia becoming the 20th member of the euro common currency at the start of 2023, a move hailed as the culmination of an "amazing journey" for a Balkan nation once at war.

The war in Ukraine and its impact on the global economy continue to dominate discussions at the World Economic Forum in Davos, Switzerland. Business Editor Kate Moody has been speaking with Paolo Gentiloni, EU Commissioner for the Economy, about Europe's ongoing efforts to wean itself off Russian energy.

The war in Ukraine has shown the limitations of the decades-long German approach of seeking to change Russia through trade and spells the end of globalisation as we know it, the European Economic Commissioner Paolo Gentiloni said on Thursday.

The European Union is working on further sanctions on Russia but any additional measures will not affect the energy sector, the EU's Economic Commissioner Paolo Gentiloni said in Cernobbio on Saturday.

The European Union's higher investment in defence as a result of Russia's invasion of Ukraine will need to be reflected in EU's fiscal rules and possibly require funds at EU level, European Economic Commissioner Paolo Gentiloni said on Tuesday.