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The Latest Breaking News from European Commission

EU to propose price cap on Russian gas, von der Leyen says

The European Commission will propose a price cap on Russian gas, alongside measures including a mandatory EU cut in electricity use and a ceiling on the revenue of non-gas power generators, the bloc's chief said on Wednesday.

Reuters

Top Financial Stories Tuesday, September 6: Focus on iPhone 14 Event, OPEC+ Plans Mild Production Cut, Netflix Says No To Crypto Ads And More…

Reuters EQT Corp Close To Buying THQ Appalachia

Benzinga

Commissioner: EU to unveil new responses to energy crisis

The European commissioner for energy says the EU's next steps for addressing the continent’s worsening energy crisis following Russia’s invasion of Ukraine are expected to be unveiled next week

The Independent UK

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World leaders react to Liz Truss’s appointment as Prime Minister of the UK

Keir Starmer and Nicola Sturgeon congratulated Truss but urged the new Tory leader to address the cost-of-living crisis

Evening Standard

Hungary to set up anti-corruption body in bid to unlock EU funds

Hungary will create an anti-corruption authority and a working group involving non-government organisations to oversee the spending of European Union funds, the government said in a decree in its official gazette late on Monday.

Reuters

Emmanuel Macron calls for ‘strengthened co-operation’ between UK and France

The French president gave his comments following Liz Truss’s selection as the new UK prime minister.

Evening Standard

Macron calls for ‘strengthened co-operation’ between UK and France

The French president gave his comments following Liz Truss’s selection as the new UK prime minister.

The Independent UK

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Irish celebs among 11,000 citizens on official EU petition seeking to end testing on animals

The petition aims to close loopholes in EU laws which continue to permit the testing of cosmetics on animals and their use in a range of other experiments

Irish Mirror

UK energy crisis: why rationing is likely to happen this winter, whether Liz Truss likes it or not

In the 1970s, the UK government used a series of planned blackouts to manage energy shortages. The result was a three-day week for commercial use of electricity, with work and leisure often happening by torch or candlelight. Without widespread demand reduction to tackle the impact of high gas prices, European…

The Conversation

‘We face many challenges together’ – world leaders react to Liz Truss victory

Leaders from Europe to Australia have sent their congratulations to Boris Johnson’s successor.

The Independent UK

EU wants ‘constructive’ relationship with Truss to resolve NI Protocol stand-off

The impasse over the post-Brexit arrangements governing trade in Northern Ireland is one of the big-ticket issues in the new PM’s in-tray.

The Independent UK

Zelenskiy Discusses Urgent Aid with EU Chief

Ukrainian President Volodymyr Zelenskiy said on Sunday he had called on the EU to urgently allocate its next round of aid to Ukraine and pressed for a new wave of sanctions on Russia in a phone call with European Commission chief Ursula von der Leyen. "Discussed the allocation of the…

Asharq Al-Awsat

Zelenskiy discusses urgent aid, Russia sanctions with EU chief

Reuters

Zaporizhzhia plant again loses last main power line; public bids farewell to Gorbachev at funeral – as it happened

Nuclear energy facility now linked to grid with a reserve line; former leader buried without state honours

The Guardian - AU

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The Independent UK

Maros Sefcovic: Protocol Bill is damaging trust and respect with EU

The Government is proceeding with a Bill to give ministers the power to scrap the checks on Irish Sea trade.

The Guardian - UK

EU warns next PM unilateral action on Brexit deal is of ‘great concern’

European Commission vice-president, Maroš Šefčovič, says it is ‘legally and politically inconceivable’

Reuters

EU's Borrell has received response from Iran in nuclear talks - spokesperson

The European Union's foreign policy chief Josep Borrell has received a response from Iran in the talks over a revival of the nuclear deal with the Islamic Republic and distributed it to all other participants in the negotiations, a spokesperson said.

The Guardian - UK

EU must act now on ‘catastrophic’ energy price spike, says European Council chief

Charles Michel says bloc must address price caps and has been too late in putting ‘concrete proposals on the table’

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The Independent UK

EU's top executive backs price cap on Russian pipeline gas

The European Union’s top executive says the bloc’s electricity market is no longer working and has proposed a price cap on Russian pipeline gas

Asharq Al-Awsat

EU States Urged to Roll Out COVID Booster Shots to Fend off Winter Infections

EU countries should start offering COVID boosters to their populations now to contain a fresh wave of infections expected this autumn and winter, the bloc's executive said in a document seen by Reuters on Friday ahead of its official release. The Brussels-based European Commission said more than 2,300 people still…

The Guardian - UK

Energy price inflation: how the UK and EU could fight it

What can be done about rising prices – and would nationalising gas and electricity firms help?

Reuters

EU, responding to UN report, condemns rights violations in China

The European Commission, responding to a U.N. report that China may have committed crimes against humanity in its Xinjiang region, said on Thursday that it strongly condemns human rights violations in the country.

The Guardian - UK

Wholesale gas prices fall as Europe’s plan to avert winter energy crisis takes shape

Price of gas for delivery on Friday drops 21% from Wednesday night’s price of 405p per therm to 320p

The Independent UK

‘The world has lost a towering leader’: Global tributes paid to Mikhail Gorbachev

Mr Gorbachev’s death at the age of 91 inspired an outpouring of tributes from world leaders

The Guardian - UK

Wholesale gas prices tumble as Europe prepares to intervene in energy markets

European Commission says it is working ‘flat out’ on emergency intervention and on longer-term structural reform

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