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European Union

China opposes ‘illegal sanctions’ after proposed EU trade curbs

China said it firmly opposes “illegal sanctions” in a response to the European Union’s proposal to impose trade restrictions on three Chinese firms as...

EU takes a step closer to using frozen Russian assets profits for Ukraine

The European Union has moved toward using the profits from frozen Russian central bank assets to finance Ukraine’s reconstruction with the adoption of a...

Trump’s NATO threat denounced across Europe

The European Union's foreign policy chief, Josep Borrell, said on Monday that NATO cannot be an 'a la carte' military alliance dependent on the...

EU cautions against trade measures to support solar sector

The European Union needs to take into account its ambitious targets for solar power deployment before it considers any measures to curb imports of...

Kosovo’s block on the Serbian currency raises alarm in the EU and US

The European Union and the United States expressed their deep concern Sunday after Kosovo banned the use of the Serbian currency and police raided...

EU plans ‘purely defensive’ Red Sea mission

The European Union mission to protect commercial vessels from Iran-backed Houthi rebel attacks in the Red Sea will be “purely defensive," and will not...

EU summit agrees on Ukraine aid, overcoming Hungary’s objections

European Union leaders unanimously agreed on Thursday to extend 50 billion euros in new aid to Ukraine, the chairman of the summit said, overcoming...

EU aiming to launch Red Sea naval mission by mid-February

EU member states want to launch a Red Sea naval mission by mid-February to protect ships from attacks by Yemen's Iran-backed Houthi militia and...

Euro zone economy narrowly skirts recession, stagnates in fourth quarter

The euro zone economy stabilized in the fourth quarter of 2023, flash figures published by the European Union’s statistics agency showed on Tuesday, according...

EU moves slowly toward using profits from frozen Russian assets to help Ukraine

European Union nations have decided to approve an outline deal that would keep in reserve the profits from hundreds of billions of dollars in...