Europian Union
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EU worried Red Sea attacks could spark inflation
Jan 16, 2024Paolo Gentiloni, the EU’s economic commissioner, issued a warning on Monday, stating that rising energy costs and inflation within the bloc could result from turmoil in the Red Sea caused by Huthi attacks on shipping. “We... -
EU seals ammo production plan in rush to arm Ukraine
Jul 7, 2023EU negotiators agreed on Friday to increase ammunition manufacturing in the bloc as part of a campaign to arm Ukraine and replenish depleted arsenals. The 500-million-euro ($545-million) Act in Support of Ammunition Production, or ASAP, aims... -
Angry EU leaders battle to save deadlocked virus recovery summit
Jul 20, 2020Squabbling Europian Union leaders battled on into the immediate hours of Monday to try and break the deadlock as their summit on a huge coronavirus (COVID-19) rescue package stretched into the fourth day. Tempers flared in... -
EU recovery summit could end with no deal, says Merkel
Jul 19, 2020Germany’s Chancellor Angela Merkel warned it was still possible that Europian Union leaders could fail to reach an agreement on Sunday on a huge post-virus recovery plan for the shattered European economy. Arriving for the third... -
Dutchman Timmermans in pole position for top EU job
Jun 30, 2019Dutch socialist politician Frans Timmermans is on course to be named as the EU’s next chief executive, diplomats and officials said on Sunday, hours before European Union leaders meet to decide who wins the bloc’s top...
