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The Latest Breaking News from Valdis Dombrovskis

G7 finance ministers seek common ground despite divisions over Russia and trade

The world's leading economies have pledged renewed multilateral cooperation to tackle growing threats to global economic stability stemming from the war in the Middle East, after high-level talks in Paris that also exposed strains between the United States and several of its allies.

Radio France Internationale

G7 finance ministers vow cooperation to face 'heightened risks'

Global economic leaders met in Paris to tackle instability caused by the Middle East war. They pledged cooperation to manage challenges like energy and food supply disruptions. Discussions also covered tariffs and Russia. The G7 aims for coordinated responses to global economic risks. Leaders will meet again in Evian to…

The Economic Times

G7 finance ministers call for action on trade imbalances as Russia sanctions divide US from allies

Finance ministers from the G7 group of advanced economies were unanimous on the need to take on global trade imbalances, according to the statement released Tuesday following a second day of Paris talks. But the US decision to extend a waiver on sanctions against Russia in the wake of the…

France 24

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G7 finance ministers explore responses to Iran war fallout

Global finance leaders met in Paris to address economic fallout from the Middle East conflict. France's finance minister called for increased aid for vulnerable nations. Discussions also covered diversifying critical mineral supplies and maintaining pressure on Russia. G7 nations aim to build new partnerships amid global tensions and trade system…

The Economic Times

EU To Downgrade Growth Forecast Due To 'Stagflationary Shock' From Iran War

The European Union will cut its growth forecast as a result of the "stagflationary shock" from the Iran war, its economy commissioner said.

International Business Times

Brussels' push to cut housing red tape faces criticism from EU countries

EU governments are warning that Brussels’ attempt to simplify regulation through its so-called 'omnibuses' could be backfiring, as concerns grow that new rules may actually slow down urgently needed projects like housing and critical infrastructure, a letter seen by Euronews reveals.

Euronews

EU agrees fresh sanctions on Russia but leaves maritime services ban on hold

Due to Greece and Malta's concerns, the full ban on maritime services will be left on hold pending an agreement at the G7 level. The US, however, is going in the opposite direction by providing sanctions relief to Russia.

Euronews

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EU optimistic about ending Hungary's veto on €90 billion loan for Ukraine

Brussels is ready to move on with the €90 billion loan for Ukraine as soon as Hungary removes its controversial veto. The resolution could also pave the way for the adoption of a new package of sanctions against Russia.

Euronews

Ukraine war briefing: €90bn EU loan for Ukraine to be released in second quarter

EU economy commissioner says Iran war is feeding Russia’s war machine; Trump condemns massive strikes on Ukraine. What we know on day 1,514

The Guardian - AU

EU ministers weigh oil price cap and windfall tax to rein in soaring energy costs

Ahead of a ministerial meeting in Brussels, the European Commission urged EU finance ministers to keep energy relief measures short-term while staying on track with decarbonisation goals.

Euronews

War in Iran ‘not a Nato matter’, Finland president says in defence of alliance - as it happened

The comments came after the US president lashed out as Nato, saying it didn’t help to open the strait of Hormuz when requested

The Guardian - UK

Iran escalation risks 'stagflation shock' for Europe, Commissioner Dombrovskis tells Euronews

EU economy chief says intensity and duration of the Iran war will define fallout of the crisis on Europe as global coalition agrees to the biggest release of oil reserves in history to stabilise energy market.

Euronews

Newsletter: Oil prices spiral despite historic reserve release

Also in this newsletter: European Commissioner for the Economy Valdis Dombrovskis tells Europe Today that a prolonged and escalating war in the Middle East could mean a 'stagflationary shock' for Europe.

Euronews

'Self-defeating': EU and US clash over Russia sanctions relief as prices soar

Granting sanctions relief to Russia would be "self-defeating", Commissioner Valdis Dombrovskis said after Donald Trump's announcement.

Euronews

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Euronews

Newsletter: Time for Europe to 'stop hitting the snooze button'

Also in this newsletter: the latest on the push for a 20th package of sanctions against Russia; tensions escalate amid anti-semitism row between US and Belgium; and how US sanctions are making life impossible for an ICC judge.

Euronews

EU 'won't shy away' from new sanctions on Russia if G7 allies fail to reach deal

Economy Commissioner Valdis Dombrovskis said a G7 deal is not an "absolute precondition" for a full ban on maritime services for Russian tankers. Brussels wants the new sanctions approved by 24 February.

Euronews

Newsletter: Ukraine peace talks resume as Macron signals groundwork for talks with Putin

Also in this newsletter: EU and Australia close in on free trade deal, why the digital euro is at a gridlock, and the EU and UK look set to tighten ties.

Euronews

EU and UK to ramp up talks on closer ties 10 years after Brexit referendum

A volatile geopolitical context has spurred the European Union and United Kingdom to deepen their collaboration on areas including defence and trade after a fraught decade.

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The Guardian - UK

EU has ‘open mind’ on UK customs union talks, says official

Valdis Dombrovskis says bloc is ‘ready to engage’ amid meetings with ministers including Rachel Reeves

The Independent UK

EU ‘open-minded’ about Britain rejoining customs union, bloc’s finance chief says

EU finance chief Valdis Dombrovskis said the bloc was ‘ready to engage’ if the UK wanted to explore a customs union

Euronews

Brussels unveils proposal for €90 billion loan for Ukraine, urging EU lawmakers to approve it fast

The European Commission is aiming to pay out the first tranche of funds for Kyiv as soon as April. The proposal replaces a plan to issue a reparations loan based on immobilised Russian assets.

Euronews

Is Europe ready for war and what is Brussels doing to prepare?

With tensions increasing at Europe’s borders, the EU says its new defence measures will help it face Russia and other threats by 2030. But is this true? And are Europeans prepared to fight?

Euronews

EU dismisses Russia's lawsuit against Euroclear as 'speculative' and groundless

As the EU rushes to approve a reparations loan for Ukraine, the Russian Central Bank has launched a lawsuit against Euroclear, the institution that holds €185 billion of its assets.

Euronews

EU 'protects smaller states, not threaten them,' Commissioner Dombrovskis tells Euronews

EU Economy Commissioner told Euronews' morning show Europe Today he disagreed "with many elements in the US National Security Strategy" in which the bloc is presented as lacking confidence, pushing for censorship and drowning in illegal migration.

Euronews

Could the EU’s frozen-assets plan really destabilise European bond markets?

EU plans to use frozen Russian assets to help Ukraine have prompted warnings that the move could push up government borrowing costs. But experts told Euronews Business that any impact on European debt markets is likely to be limited.

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