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The Latest Breaking News from European Commission

EU unveils plan to control soaring gas prices

Countries will purchase gas collectively in bid to exert market power

The Independent UK

EU leaders reach compromise on energy after long debate

EU leaders struggled for hours Friday to find a compromise on a deal aimed at curbing energy prices that have gone through the roof and hurt households and businesses across the 27-nation bloc

The Independent UK

US, European Union Forge Fresh Data Sharing Pact

The E.U. and U.S. broke the deadlock on cross-border data-transfer pact to relieve tech giants like Meta Platforms Inc (NASDAQ: FB), Bloomberg reports. The U.S. also agreed to provide energy to Europe as the Russian invasion of Ukraine threatened to disrupt the continent’s energy supplies, CNBC reports. This new pact will “enable predictable and trustworthy…

Benzinga

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US, EU reach gas supply deal to reduce dependence on Russia

BRUSSELS — The U.S. and the European Union will push to boost supplies of liquefied natural gas to European countries by the end of 2022 in a bid to begin to displace some Russian gas, a political framework that now leaves companies to sort out the details.

Tribune News Service

US, EU sign data transfer deal to ease privacy concerns

The European Union and United States made a breakthrough in their yearslong battle over the privacy of data that flows across the Atlantic with a preliminary agreement that paves the way for Europeans’ personal information to be stored in the U.S. President Joe Biden and European Commission President Ursula von…

The Independent UK

ClientEarth launches legal action against EU over unsustainable fishing quotas

Exclusive: Over-exploitation of fish stocks was supposed to end in 2020 under common fisheries policy

The Guardian - UK

U.S., EU strike LNG deal as Europe seeks to cut Russian gas

The United States will work to supply 15 billion cubic metres of liquefied natural gas (LNG) to the European Union this year to help it wean off Russian energy supplies, the transatlantic partners said on Friday.

Reuters

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US, EU Ink Deal As Europe Explores Options To Cut Russian Gas: Reuters

U.S. President Joe Biden and European Commission President Ursula von der Leyen announced the formation of a task force to reduce Europe's reliance on Russian oil.

Benzinga

US, EU Strike LNG Deal Deal as Europe Seeks to Cut Russian Gas

The United States will work to supply 15 billion cubic meters (bcm) of liquefied natural gas (LNG) to European Union markets this year, as Europe seeks to wean itself off Russian gas supplies, the transatlantic partners said on Friday. US President Joe Biden and European Commission President Ursula von der…

Asharq Al-Awsat

US, EU announce plan to reduce European reliance on Russian gas

New joint task force to work on slashing the bloc’s dependence on Russian fossil fuels.

Al Jazeera

EU leaders present united front after row over fix for energy crunch

EU leaders bickered on Friday over steps to ease the energy market crunch exacerbated by Russia's invasion of Ukraine, but managed to present a united front amid mounting concern over the impact on hard-hit consumers of soaring gas and oil prices.

Reuters

Inflation pressures hit consumer confidence; Moscow stock market falls back – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Europe agrees on big new package of tech rules

The new laws aim to restore competition to the digital marketplace. They could reshape the business of Big Tech.

Axios

Latest Ukraine updates: Russia says first phase of war near end

Ukraine war news from March 25: Russian general says Moscow will push to fully capture eastern region of Donbas.

Al Jazeera

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The Guardian - UK

EU leaders wrangle with issue of oil and gas imports from Russia at summit

Poland and Baltic states seek embargo, while other countries including Germany and Belgium want gradual measures

The Conversation

Biodiversity: why new rules to ensure nature benefits from building projects could fail

The UK government is making serious investments in new infrastructure as part of its post-pandemic recovery strategy, with £27 billion committed to road expansion, and a target of building an additional 300,000 homes per year. But it also has ambitious targets to halt and reverse wildlife declines by the end…

The Independent UK

EU agrees on Russia sanctions so far, but energy divides

The European Union has preserved a sense of rarely seen unity through four rounds of unprecedented sanctions against Russia over its invasion of Ukraine

Reuters

EU offers farmers aid, more land to grow due to Ukraine war

The European Union will distribute 500 million euros ($550 million) to help farmers and allow them to grow crops on fallow land to mitigate food price spikes and potential shortages resulting from Russia's war in Ukraine.

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Reuters

Orban asks for EU funds to help Hungary amid refugee crisis

Hungarian Prime Minister Viktor Orban has asked the European Commission to disburse all EU funds allocated to the country including a loan under the Recovery and Resilience Facility to help handle the Ukrainian refugee crisis, his press chief said.

Reuters

EU to set out job, school, housing plan for Ukraine refugees

The European Commission on Wednesday will set out plans to ensure people fleeing Russia's invasion of Ukraine have access to jobs, education and housing after an unprecedented flow of refugees into the European Union.

The Conversation

Defending Europe: How cultural identity shapes support for Ukraine and armed resistance against Russia

Since the Russian invasion began on Feb. 24, 2022, the outpouring of solidarity and material support for Ukraine across Europe has been impressive – and highly unusual.

Reuters

EU backs Spain's shift on Western Saharan autonomy

The European Commission backed Spain's new position on the fate of Western Sahara as an autonomous region of Morocco, supporting a surprise change of tack by the government of Pedro Sanchez that has met with much domestic opposition.

Financial Times

How Big Tech lost the antitrust battle with Europe

Brussels is set to finalise stringent new legislation targeting Silicon Valley giants, whose desperate lobbying has fallen on deaf ears

Asharq Al-Awsat

Microsoft Faces Anti-competition Complaint in Europe

Three companies have lodged a complaint with the European Commission against Microsoft, accusing the US technology giant of anti-competitive practices in its cloud services, sources told AFP Saturday, confirming media reports. Microsoft is "undermining fair competition and limiting the choice of consumers" in the computing cloud services market, said one…

France 24

'Democracy is standing up against autocracy' in Ukraine, EU's von der Leyen says

"It cannot be that an autocrat attacks a sovereign country which has the right to the integrity of its territory." That's the firm response directed at Russia from the President of the European Commission, Ursula von der Leyen. Speaking exclusively to FRANCE 24 about the war in Ukraine, the EU…

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