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The Latest Breaking News from European Union

The week Europe realised it stands alone against Russian expansionism

Washington’s Putin-appeasing plan for peace in Ukraine has failed, but many heard death knell sounded for European reliance on US protection

The Guardian - UK

Two ships of Russia's sanctioned shadow fleet caught fire in the Black Sea off Türkiye

Two sanctioned oil tankers, the Kairos and the Virat, have caught fire in the Black Sea a few dozen nautical miles off the Turkish coast. Their crews are safe as the causes of the explosions are being investigated.

Euronews

Cocoa Prices Surge as ICCO Cuts Global Cocoa Production and Surplus Estimates

March ICE NY cocoa (CCH26 ) on Friday closed up +411 (+8.07%), and December ICE London cocoa #7 (CAZ25 ) closed up +164 (+4.34%). Cocoa prices rallied sharply on Friday and posted 1-week highs. Cocoa price surged on Friday after the International Cocoa Organization (ICCO) cut its global 2024/25 cocoa...

Barchart

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A public inquiry on Brexit might make it easier for us to rejoin the EU

Letters: Let’s set the record straight on the cause of our economic woes and inability to control immigration, writes Robert Gildea. Plus a letter from Rachel Foggitt

The Guardian - UK

Net migration has dropped to pre-Brexit levels – why it may not be enough to satisfy voters

Net migration to the UK has fallen to levels last seen before Brexit. The latest ONS figures show net migration reached just over 200,000 in the year ending in June. This marks a 78% decline over the past two years, from a peak of more than 900,000.

The Conversation

Cocoa Prices Jump as Dollar Weakness Spurs Short Covering

March ICE NY cocoa (CCH26 ) today is up +430 (+8.44%), and December ICE London cocoa #7 (CAZ25 ) is up +171 (+4.52%). Cocoa prices are sharply higher today, posting 1-week highs. Today's fall in the dollar index (DXY00 ) to a 1.5-week low has sparked short-covering in cocoa futures....

Barchart

Hungary's Orban defies EU by promising to go on buying Russian oil

Hungarian Prime Minister Viktor Orban defied Brussels on Friday by promising Russia's President Vladimir Putin he would keep buying Russian oil, despite the EU's push to isolate Moscow over its invasion of Ukraine.

Radio France Internationale

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Labour urged to tackle Britain's 'brain drain' as thousands of young people leave UK for life abroad

Some 174,000 16 to 34-year-olds left the country in the year to March, figures released by the Office for National Statistics show

Evening Standard

Zelenskyy pledges wholesale changes and office shakeup as his chief of staff resigns

The Ukrainian president said he wanted to "avoid rumours and speculation" as his chief of staff Andriy Yermak resigned after an anti-corruption raid on his home and office.

Euronews

EU member states back von der Leyen's controversial trade deal terms under pressure from Trump

The 27 back the Commission's deal, but the European Parliament is preparing for a fight to change the terms considered unfair after Trump tripled tariffs on the EU while Brussels reduced duties to zero for the US.

Euronews

Talks for UK to join EU defence fund collapse in blow to Starmer’s bid to reset relations

UK had been pushing to join €150bn Safe fund, a loan scheme that is part of bloc’s drive to rearm Europe

The Guardian - UK

EU seeks to exploit nature-based products for competitiveness push, green groups say

Nature-based products such as biofuels and bioplastics will be looked to as drivers of green growth under a recently announced bioeconomy strategy, but critics are wary of overexploitation.

Euronews

OPINION - Migration figures show 693,000 people left Britain last year – were they our brightest and our best?

Net migration might have fallen, but nearly a million people came to the UK in the year to June

Evening Standard

Talks on UK access to an EU defense fund have broken down

Talks on the U.K. joining a major EU defense fund have ended without agreement, the British government said Friday

The Independent UK

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Euronews

Which EU countries have the biggest gender gap when it comes to investment?

Greater participation by women in the investment landscape could boost EU GDP by €600 billion by 2040.

Euronews

European interceptor drones are technologically world leaders

Drone interception technology made in Europe is world-class. The Baltic states in particular, are skilled in drone technology. What is the reason for this success story? A Euronews report from Estonia and Latvia.

Euronews

Hungary's Orbán seeks more Russian oil and gas in meeting with Putin

The Hungarian prime minister met the Russian president in Moscow to secure more oil and gas supplies, despite EU efforts to cut Russian energy imports by 2027.

Euronews

Biggest eurozone members see easing inflation except for Germany

Inflation figures from some of the biggest eurozone economies, including France, Spain, and Italy, show no immediate threat of price hikes. However, German inflation figures came in unexpectedly high.

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The Guardian - UK

Germany to urge EU to soften 2035 ban on sale of new petrol and diesel cars

Friedrich Merz to ask for series of exemptions in attempt to protect crisis-hit automotive industry

inkl

Europe Tightens Grip on Chip Industry as Dutch Take Control of Nexperia

Tensions between the West and China have escalated with the Dutch government’s intervention in the management of Nexperia, a chip manufacturer. Experts say this is one of the clearest signals of a shifting balance of power in the global semiconductor industry.

The Guardian - UK

Belgium hits back at EU plan to use frozen Russian assets to aid Ukraine

Prime minister says proposal violates international law and would destabilise financial markets

Euronews

No, Europe is not selling 'anti-rape' underwear

Viral posts allege that underwear designed to protect women from sexual assault has gone on sale in Europe, and use the claims as a pretext to spread xenophobic rhetoric.

Euronews

EU to loosen ‘strict’ state aid rules to boost affordable housing supply, Commissioner says

The EU's housing commissioner told Euronews that the European Commission will address the housing crisis by considering investments, energy, social, and internal market policies, as well as state aid rules.

The Conversation

Three reasons why China wants global green leadership after Cop30 – and two reasons it doesn’t

Ahead of the UN’s Cop30 summit, China appeared keen to take on the mantle of new global leader on climate change, stepping into the gap left by the US’s withdrawal from the top spot under Donald Trump.

Euronews

'Fundamentally wrong': Belgian prime minister doubles down on opposition to reparations loan

Hopes to secure a reparations loan for Ukraine have been dashed after the Belgian prime minister blasted the proposal as "fundamentally wrong" and called on the EU to raise fresh debt instead of touching the Russian assets.

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