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The Latest Breaking News from European Union

The UK’s security now needs vital reappraisal

The flurry of three summits in Brussels, Nato, the EU and G7, was to be pivotal — an ultimate pledging conference — for the conflict in Ukraine and the security of the entire region. It is set to go on far longer than most politicians and generals seemed to imagine.

Evening Standard

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

Civilian deaths at Mariupol theatre estimated at 300

A clearer picture of the scale of the ruin is emerging from the besieged Ukrainian port city of Mariupol, which a month into the invasion now resembles scenes of Russian cities razed by the Nazis in World War II.

Bangkok Post

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EU agrees on new digital rules to rein in Big Tech dominance

The European Union set the stage for a stepped-up crackdown on tech companies with an agreement on landmark digital rules to rein in online “gatekeepers” such as Google and Facebook parent Meta

The Independent UK

Abattoir fined nearly £7k for letting sheep get 'severely dehydrated' before they're slaughtered

Manchester Abattoir Limited, in Stockport, pleaded guilty to breaching EU regulations about the welfare of animals before they're slaughtered

Manchester Evening News

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

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

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Goldman Sachs Pauses Relations With Sanctioned Oligarch Linked PE Firm: FT

Goldman Sachs Group (NYSE:GS) and Kirkland & Ellis halted new business with Pamplona Capital Management, the Financial Times reports. Sanctioned oligarch Mikhail Fridman's LetterOne investment group accounted for 80% of the funds of the $9 billion private equity firm. Waystone, a Cayman Islands firm, resigned from every role with Pamplona funds on…

Benzinga

EU Leaders Dismiss Putin Ruble Payments Threat

President Vladimir Putin’s threat to have “unfriendly” countries pay for Russian natural gas exports only in rubles from now on has got the not-so-friendly treatment from European Union nations. Several EU leaders have come out saying it would be a gross violation of their contracts.

Asharq Al-Awsat

After US, Big Tech Sees More Trouble From EU: Reuters

Strict new rules targeting the U.S. tech giants will likely be effective in October, Reuters reports based on EU antitrust chief. In 2021, Margrethe Vestager proposed a list of dos and don'ts for Amazon.com Inc (NASDAQ:AMZN), Apple Inc (NASDAQ:AAPL), Meta Platforms Inc (NASDAQ:FB), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) unit Google and Microsoft Corp (NASDAQ:MSFT) under the Digital Markets Act. Also Read: US Senate Votes…

Benzinga

Biden and EU agree landmark gas deal to break Kremlin’s hold

US increasing exports of seaborne liquefied natural gas to cut Europe’s dependence on Russia and starve war machine

The Guardian - UK

Biden and EU announce energy deal to get more gas to Europe

Leaders announced a task force focused on helping to cut the EU's heavy reliance on Russian fossil fuels.

Axios

War in Ukraine: 'Some independent information is still reaching Russian citizens'

Kyiv is calling on the West to widen sanctions on Russian television personalities, accusing them of espousing propaganda. Within Russian borders, the Kremlin is maintaining tight control over the airwaves, with media outlets pushing the narrative that the war in Ukraine is not only legitimate, but also a military success.…

France 24

Taoiseach plays down suggestions Zelensky criticised Irish support for Ukraine

Micheal Martin said he ‘wouldn’t have taken the same slant as some may be taking from’ the Ukrainian president’s comments

The Independent UK

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Asharq Al-Awsat

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…

The Independent UK

Boris Johnson looks on awkwardly as Macron and other EU leaders greet at Nato meeting

The prime minister looked on while his western counterparts were reacquainted

The Independent UK

Joe Biden agrees to boost US gas supplies to Europe to reduce dependence on Russia

Deal to replace Russian supply announced at EU summit on Friday

Al Jazeera

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.

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Asharq Al-Awsat

EU Negotiators Agree Landmark Law to Curb Big Tech

Negotiators from the European Parliament and EU member states agreed Thursday on a landmark law to curb the market dominance of US big tech giants such as Google, Meta, Amazon and Apple. Meeting in Brussels the lawmakers nailed down a long list of do's and don'ts that will single out…

Reuters

Finland suspends train connections to Russia

Finland's national railway operator will suspend services between Helsinki and Saint Petersburg in Russia on Monday, closing one of the last public transport routes to the European Union for Russians.

Irish Mirror

Volodymyr Zelensky appears to criticise Ireland for not doing enough to help Ukraine's EU membership bid

The Ukraine President issued an impassioned plea to the European Union on Thursday

Reuters

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.

Evening Standard

Zelensky: Europe acted too late to stop Russian invasion

Europe acted too late in stopping Russia’s invasion of Ukraine, Volodymyr Zelenksy has said.

Evening Standard

We’re bringing victory closer, says Volodymyr Zelensky

Russian troops with “dwindling” morale are being forced in some areas away from the capital Kyiv

The Guardian - UK

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

Rolling coverage of the latest economic and financial news

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