EU News

EU Faces Uphill Battle in Global Microchip Market, 2030 Target at Risk

The European Court of Auditors warns the EU is falling behind in the global microchip market, with its 2030 target of a 20% share looking unlikely due to challenges like raw materi...

EU Struggles in Microchip Market Race: Auditors Warn 2030 Target May Be Unreachable

The European Court of Auditors warns that the EU is unlikely to meet its 2030 goal of capturing 20% of the global microchip market, citing challenges like limited raw materials, hi...

EU and US Engage in Productive Dialogue on Tariffs and Ukraine Support Amidst Global Economic Challenges

European Trade Commissioner Valdis Dombrovskis and US Treasury Secretary Scott Bessent held cordial talks focusing on tariffs and macroeconomic policies, with a strong emphasis on ...

EU Stands Firm: Ready to Impose Counter Tariffs if US Trade Negotiations Collapse

The European Union is ready to impose counter tariffs on the US if trade negotiations fail, as stated by European Trade Commissioner Valdis Dombrovskis. The EU has postponed its co...

EU Set to Impose Hefty Fines on Meta and Apple Over Digital Markets Act Violations on April 23

The European Commission is set to impose its first DMA penalties on Apple and Meta for alleged violations, including restrictive app store policies and mandatory data sharing. Fine...

EU Set to Hit Meta and Apple with Hefty Fines Over Digital Markets Act Violations on April 23

The European Commission is set to impose its first Digital Markets Act penalties on Apple and Meta for alleged competition restrictions and data sharing violations, with potential ...

EU Set to Impose Hefty Fines on Meta and Apple Over Digital Markets Act Violations

The European Commission is set to impose its first Digital Markets Act penalties on Apple and Meta, accusing them of restricting competition and data sharing practices. Fines could...

EU Reportedly Postpones Action Against Apple and Meta Amid US Tariff Negotiations

The European Union has postponed penalizing Apple and Meta amid trade negotiations with the US, focusing on issues like personalized ads on Meta platforms and Apple's App Store pay...

EU Predicts US GDP to Decline by 0.8% to 1.4% by 2027 Due to Trade Tariffs

The EU projects a 0.8% to 1.4% drop in US GDP by 2027 due to trade tariffs, with potential worse outcomes if measures persist. The Eurozone and global economy could also suffer sig...

EU Strengthens Energy Security with Two-Year Extension of Gas Storage Regulations

The European Commission has approved a two-year extension of gas storage regulations to enhance energy security and protect against market volatility, offering member states greate...

EU Strengthens Energy Security with Two-Year Extension of Gas Storage Regulations

The European Commission has approved a two-year extension of gas storage regulations to enhance energy security and protect against market volatility, introducing flexibility for m...

EU Forecasts U.S. GDP to Decline by 0.8% to 1.4% by 2027 Due to Trade Tariffs

The EU projects a 0.8% to 1.4% drop in U.S. GDP by 2027 due to trade tariffs, with potential worse outcomes if the trade war escalates. The Eurozone and global economy could also s...

EU Strengthens Energy Security with Two-Year Extension of Gas Storage Regulations

The European Commission has approved a two-year extension of gas storage regulations to enhance energy security and protect against market volatility, offering member states greate...

EU Extends Gas Storage Rules for Two Years to Bolster Energy Security Amid Market Volatility

The European Commission has approved a two-year extension of gas storage regulations to enhance energy security and protect against market volatility, offering member states greate...

EU Threatens to Escalate Trade War with US, Targeting Services and Tech Sector

European Commission President Ursula von der Leyen warns of the EU's readiness to expand the trade war with the US into services and technology sectors, highlighting potential reta...

EU and UAE Set to Embark on Groundbreaking Free Trade Negotiations

The European Commission and UAE have agreed to start free trade negotiations, aiming to strengthen EU-UAE relations and expand trade in goods, services, and investments, with a foc...

EU Considers Lifting Import Duties on Chinese Electric Vehicles Amid Trade Tensions

The European Union and China are exploring the removal of import duties on Chinese electric vehicles, a move influenced by global trade tensions and the potential benefits of unres...

EU Proposes Groundbreaking Zero-for-Zero Tariff Deal with US on Industrial Goods

European Commission President Ursula von der Leyen reveals the EU's offer of a zero-for-zero tariff deal with the US on industrial goods, signaling a potential shift in trade relat...

EU Proposes Groundbreaking Zero-for-Zero Tariff Deal with US on Industrial Goods

The EU has proposed a "zero-for-zero" tariff deal with the US on industrial goods, signaling a potential shift in trade relations. European Commission President Ursula von der Leye...

EU Proposes Zero-for-Zero Tariffs on Industrial Goods to US, Ready to Defend Its Interests

European Commission President Ursula von der Leyen announced the EU's offer of zero-for-zero tariffs on industrial goods to the US, alongside plans to protect its interests through...

EU Proposes Zero Tariffs on Industrial Goods to US, Ready to Counter if Needed

The European Union has proposed zero tariffs on industrial goods to the US, signaling a readiness to negotiate or counter if needed. An "Import Surveillance Task Force" will protec...

EU Proposes Zero-Tariff Deal to US on Industrial Goods Amid Trade Tensions

The EU has proposed a zero-tariff deal on industrial goods to the US, signaling a willingness to negotiate but also prepare countermeasures. A new task force will monitor imports t...

EU Proposes Groundbreaking Zero Tariff Deal with US on Industrial Goods, Ready to Defend Interests

European Commission President Ursula von der Leyen announces the EU's proposal for a zero tariff agreement with the US on industrial goods, ready to negotiate or take countermeasur...

EU Prepares Strategic Response to US Tariffs, Awaits Trump's Announcement

The European Union plans a strategic response to US tariffs, with separate measures for steel and aluminum and other levies. Uncertainty over Trump's announcement complicates impac...

EU Plans Strategic Response to US Tariffs, Seeks Negotiated Settlement Amid Uncertainty

The European Union is set to respond strategically to new US tariffs with a dual approach, focusing on steel and aluminum tariffs separately from other levies. Amid uncertainty ove...

EU Stands Firm: Von der Leyen Unveils Robust Strategy Against US Tariffs

European Commission President Ursula von der Leyen announces the EU's readiness to retaliate against US tariffs, emphasizing a preference for negotiation but prepared to protect Eu...

EU Seeks Stronger Trade Balance with China: Key Meetings Set for This Week

The European Commission announces Maros Sefcovic's visit to China to discuss enhancing EU-China trade relations, focusing on reciprocity and mutual benefit, with annual trade worth...

EU Invests €22.5 Billion in 47 Projects to Secure Critical Raw Materials and Reduce Dependency

The European Commission has selected 47 projects across 13 EU countries to secure critical raw materials, aiming for €22.5 billion in investment. These projects focus on reducing d...

EU Invests €22.5 Billion in 47 Projects to Secure Future of Critical Raw Materials

The European Commission invests €22.5 billion in 47 projects across 13 EU countries to secure critical raw materials, aiming for self-sufficiency by 2030 with streamlined permittin...

EU Invests €22.5 Billion in 47 Projects to Secure Future of Critical Raw Materials

The European Commission is investing €22.5 billion in 47 projects across 13 EU countries to secure critical raw materials like lithium and cobalt, aiming for self-sufficiency by 20...

Germany's Bold Leap Towards Decarbonization: EU Greenlights €5 Billion State Aid Scheme

The European Commission approves Germany's €5 billion decarbonization scheme, aiming to significantly reduce CO2 emissions through carbon capture and hydrogen use, with strict redu...

Germany's Bold Leap Towards Sustainability: EU Greenlights €5 Billion Decarbonization Initiative

The European Commission has approved Germany's €5 billion decarbonization scheme, aimed at reducing CO2 emissions through carbon capture and hydrogen use, with strict emission redu...