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The Latest Breaking News from European Union

EU hits Russia with sweeping new sanctions over Ukraine war

The European Union approved a new series of sanctions against Russia on Friday in response to its ongoing war in Ukraine. The measures include a lower oil price cap, a ban on transactions involving the Nord Stream gas pipelines, and fresh restrictions targeting Russia’s “shadow fleet” of tankers, according to…

Radio France Internationale

What's In The EU's Two-trillion-euro Budget Bazooka?

EU members got their first chance on Friday to debate the bloc's two-trillion-euro budget bazooka, laying bare divisions among the 27 capitals over the spending plans for 2028-2034.

International Business Times

Will the new EU budget turn cohesion policy into regional ‘Hunger Games’?

The EU’s proposed 2028–2034 budget risks turning the bloc's cohesion policy into a high-stakes competition for funding by merging it with other major spending areas, sparking concerns over reduced local control and lack of support for disadvantaged regions.

Euronews

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How the EU aims to put the squeeze on the Russian economy with new sanctions package

Key measures include a lower oil price cap, Nord Stream transaction ban and a full ban on Russian bank deals

The Independent UK

German chancellor slams EU, says pulling Germany out of recession a top priority

German Chancellor Friedrich Merz revealed his top priorities for the next three years and delivered sharp criticism to the EU.

Euronews

Fault lines emerge as EU countries begin political battle over €2 trillion budget

The political battle over the next EU budget has officially begun.

Euronews

Britain’s ban on lead ammunition could save tens of thousands of birds from poisoning

The UK’s environment minister Emma Hardy has announced a ban on toxic lead ammunition to protect Britain’s countryside. This ban includes the sale and use for hunting of both lead shotgun ammunition (each cartridge of which contains hundreds of small lead pellets called “shot”), used mainly for hunting small game…

The Conversation

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Direct London-to-Berlin trains move closer under new UK-Germany treaty

A planned London–Berlin rail route aims to offer a greener, faster alternative to air travel.

Euronews

Meta rebuffs EU's AI Code of Practice

The company has previously been critical on the Commission’s work on GPAI, claiming it stifles innovation.

Euronews

Lion's share of tripled EU migration budget aimed at border management

The newly proposed EU long-term budget prioritises border management, seeking to make entry by migrants harder, over support for asylum and reception processes. Rights groups accuse the EU of exposing migrants to human rights abuses.

Euronews

American woman arrested at Moscow airport with gun and check for $138,000, Russian authorities claim

The suspect was stopped in a random check as she attempted to leave Vnukovo airport in the green lane designated for passengers who have nothing to declare

The Independent UK

EU Targets Russian Oil In Tough New Ukraine War Sanctions

The EU on Friday adopted a sweeping new package of sanctions on Russia over the Ukraine war, looking to pile more pressure on the Kremlin by lowering a price cap for Moscow's oil exports.

International Business Times

Trump’s tariffs are tipping Europe toward recession

The U.S. is Europe and Britain’s largest export market. About 20% of EU exports go to the U.S. at a value of around $581 billion. Europe’s trade doesn’t immediately have anywhere else to go.

Fortune

Is Europe losing the AI race? Magnificent Seven widen gap over Europe's giants

The US ‘Magnificent Seven’ have pulled far ahead of Europe’s corporate giants, driven by massive AI growth. While US tech surges, Europe’s top firms—mostly in traditional sectors—struggle to keep pace in the new innovation-driven economy.

Euronews

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The Conversation

EU efforts to measure companies’ environmental impacts have global effects. Here’s how to make them more just

If you choose to buy a sustainable product at the supermarket, or invest in a sustainable portfolio at your bank, how far does that sustainability reach? Does the product’s “sustainable” label account for the environmental and labour costs where the raw materials were extracted? Does the portfolio include renewable energy…

Barchart

S&P Futures Gain as Strong U.S. Economic Data and Earnings Boost Optimism

September S&P 500 E-Mini futures (ESU25) are trending up +0.19% this morning, extending yesterday’s gains as rising confidence in the strength of the U.S. economy and positive earnings reports bolstered investors’ risk appetite.

Euronews

Trump’s tariff pressure pushes Asia toward US LNG deals, but at what cost?

In a bid to avoid harsh tariffs being imposed, many Asian countries are looking to strike large LNG deals with the US. But could this be disastrous for the clean energy transition?

The Independent UK

Giant cloud of smoke seen over Madrid as wildfires rage in central Spain

The fire broke out in the town of Mentrida in the Castile-La Mancha region, around 30 miles southwest of the capital

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The Independent UK

Europe has been ‘free-riding’ on US security, says Merz

The German Chancellor admitted that Europe must ‘do more’ on defence spending

The Guardian - UK

EU agrees new Russia sanctions after Slovakia drops opposition – as it happened

Deal is 18th such package since Ukraine invasion as Ursula von der Leyen says EU is ‘striking the heart of Russia’s war machine’

The Independent UK

The EU targets Russia's energy revenue and shadow fleet with new sanctions over the war on Ukraine

The European Union is targeting Russia with more sanctions over its war on Ukraine

The Independent UK

North Korea bans foreign tourists to newly opened beach resort

North Korea says it is suspending the entry of foreign tourists to a recently opened mega beach resort, a move that dims prospects for the complex

Euronews

Wildfires in Europe burn area the size of Luxembourg as 2025 shapes up to be an 'extreme' year

A ‘perfect storm’ of heatwaves, drought and poor forest management has burnt 232,000 hectares of European land so far this year, experts warn.

Euronews

EU imposes new sanctions on Russia's oil and banks after Robert Fico lifts his veto

The breakthrough on Friday was made only possible after Slovak Prime Minister Robert Fico agreed to lift his veto.

Euronews

Ryanair and easyJet demand EU action after French air traffic control strikes cause travel chaos

Over 1 million passengers were affected by French air traffic strikes in early July, as airlines warn of potential for further summer chaos.

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