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europe

Western banks warn of risks in EU plan to grab Russian assets, sources say

Some western banks are lobbying against EU proposals to redistribute billions of euros in interest earned on frozen Russian assets, senior industry sources said,...

Europe’s pro-nuclear leaders seek atomic energy revival

Leaders from pro-nuclear European countries and energy experts are set to call for a nuclear energy revival on Thursday at a summit in Brussels,...

EU to cap imports of Ukrainian poultry and grains to appease farmers

EU member states and lawmakers on Wednesday reached a deal to cap duty-free imports of some Ukrainian grains, which were allowed in the wake...

To have peace, Europe must prepare for war, EU council president says

Europe must strengthen its defence capabilities and shift to a “war economy" mode in response to the threat posed by Russia, European Council President...

Europe one step away from adopting AI rules after lawmakers’ vote

Europe moved closer to adopting the world's first artificial intelligence rules on Wednesday as EU lawmakers endorsed a provisional agreement for a technology whose...

Scholz deepens ties with ASEAN nations in bid to wean off China

German Chancellor Olaf Scholz wants to deepen economic ties with Thailand, Malaysia and the Philippines as Europe’s largest economy looks to diversify trade relations...

EU must prepare for ‘catastrophic’ climate change risks, agency says

Countries across Europe should prepare for “catastrophic" risks, ranging from floods to deadly heatwaves, as worsening climate change hits every part of their economies...

Farmers threaten to bring Poland to a halt after police clashes

Tens of thousands of farmers and their supporters warned on Wednesday they would bring Poland to a standstill, after violent clashes with police outside...

EU strikes deal to unjam European air traffic reform

The European Union on Wednesday agreed on a deal to unjam air traffic reform in a bid to bring order to the mosaic of...

Europe to battle with US for aluminium if EU opts for Russian ban

European and US buyers will compete aggressively for Middle Eastern aluminium if the European Union bans Russian metal in coming months, sparking price rises...