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Updated: 1 day 16 hours ago

Blinken visits Ukraine to offer new US military aid for counteroffensive

Thu, 09/08/2022 - 15:39
US Secretary of State Antony Blinken visited Kyiv to pledge $2 billion in fresh security assistance, including support the US administration hopes will bolster a Ukrainian counteroffensive aimed at pushing back Russian forces in the south and east.
Categories: European Union

EU food companies face closure as they buckle under strain of energy crisis

Thu, 09/08/2022 - 15:36
EU agri-food companies are struggling to maintain operations amid mounting energy prices, with some faced with pausing production, laying off staff or going out of business altogether, according to a joint statement issued by the EU’s major food sector associations.
Categories: European Union

NATO condemns Iranian cyberattack on Albania as diplomats depart

Thu, 09/08/2022 - 15:28
NATO and its head, Jens Stoltenberg, on Thursday (9 September) condemned the Iranian cyberattack on Albania, which saw the country cut ties with Tehran and demand all its diplomats to leave within 24 hours on Wednesday.
Categories: European Union

Erdogan echoes Putin’s gripes over grain exports

Thu, 09/08/2022 - 14:39
Turkish President Recep Tayyip Erdoğan said on 8 September that his Russian colleague Vladimir Putin was right to complain that grain from Ukraine under a UN-backed deal was going to wealthy rather than poor countries.
Categories: European Union

Analysis: Putin’s energy gamble may prove a double-edged sword for Russia

Thu, 09/08/2022 - 14:14
President Vladimir Putin's threat to completely cut off energy supplies to the West in a deepening confrontation over Ukraine could prove to be a double-edged sword for Russia.
Categories: European Union

Commission to present new media law, leaving ownership unaddressed

Thu, 09/08/2022 - 13:15
The European Media Freedom Act, due to be presented next week, will address editorial independence, media regulators, economic revenues and public service media. But the major issue of media ownership is not in the picture.
Categories: European Union

Of regulatory bonds and money bombs

Thu, 09/08/2022 - 13:07
Welcome back to EURACTIV’s weekly Economy Brief. You can subscribe to the newsletter here. The European Union sees itself as a great champion of free trade. But under the pressure of geopolitical realities, it is moving towards more state control...
Categories: European Union

LEAK: Commission to introduce cyber requirements for Internet of Things products

Thu, 09/08/2022 - 12:38
The proposal for a Cyber Resilience Act that will be presented next week will mandate baseline cybersecurity standards for all connected devices and stricter conformity assessment procedures for critical products, according to a draft seen by EURACTIV.
Categories: European Union

Harnessing India’s Space Technology Potential [Promoted content]

Thu, 09/08/2022 - 12:00
On June 11 this year, India’s Prime Minister Narendra Modi inaugurated the  headquarters of the Indian National Space Promotion and Authorization  Centre (IN-SPACe). It was a significant step in the operationalization of reforms  launched by the Government of India.
Categories: European Union

Soaring energy prices: precarious households under strain

Thu, 09/08/2022 - 10:34
In a survey published on Wednesday (September 7), Secours Populaire and Ipsos shed light on the precarious situation in which the poorest French households live due to rising energy costs.
Categories: European Union

Oil and gas majors exaggerating green performance: analysis

Thu, 09/08/2022 - 08:05
Energy majors are exaggerating their green credentials in public messaging while continuing to allocate the majority of new investment to oil and gas projects, according to an industry analysis released Thursday (8 September).
Categories: European Union

Ukraine’s top general warns of Russian nuclear strike risk

Thu, 09/08/2022 - 08:03
In rare public comments Ukraine's military chief warned on Wednesday (7 September) of the threat of Russia using nuclear weapons in Ukraine, which would create the risk of a "limited" nuclear conflict with other powers.
Categories: European Union

European industry eyes China as aluminium factories shut

Thu, 09/08/2022 - 07:45
In today’s edition of the Capitals, find out more about Czechia mulling weed decriminalisation, the Romanian finance minister saying the economy will grow quicker than expected, and so much more.
Categories: European Union

UK to announce dozens of new North Sea oil and gas licences

Thu, 09/08/2022 - 07:43
The British government is expected to announce dozens of new North Sea oil and gas exploration licences in an effort to boost domestic production, two sources familiar with the government's discussions said.
Categories: European Union

A simple proposal to skim electricity firm’s windfall profits

Thu, 09/08/2022 - 07:29
Many policymakers seem determined to intervene in the design of wholesale electricity markets in order to skim the windfall profits of energy firms. Axel Ockenfels puts forward a proposal, which according to him, has the advantage of not compromising market price signals: Tax the revenues from inframarginal power production, but only when gas-fired power plants are marginal.
Categories: European Union

Podcast: Greek ‘Watergate’ explained

Thu, 09/08/2022 - 07:23
The European Parliament’s PEGA committee will discuss today Greece’s “Watergate” scandal, which found that the phones of journalists were bugged with illegal spyware Predator. EURACTIV spoke with Thanasis Koukakis, an investigative journalist who was a victim of Predator. He explained...
Categories: European Union

LEAK: EU plans ‘revenue cap’ on power firms, mandatory electricity savings at peak hours

Thu, 09/08/2022 - 07:21
A draft EU law for the first time introduces obligatory demand reduction targets for electricity consumption, and places “a revenue limit” on power companies making windfall profits from the energy crisis, according to a leaked proposal seen by EURACTIV. The...
Categories: European Union

Putin threatens to stop exporting energy to Europe; Ukraine claims advances in the east

Thu, 09/08/2022 - 07:18
Russian President Vladimir Putin threatened to halt all energy shipments to Europe, if Brussels goes ahead with a proposal to cap the price of Russian gas, in a combative speech declaring Russia would not lose the war in Ukraine.
Categories: European Union

UN says ‘credible’ accusations Ukraine children forcibly moved to Russia

Thu, 09/08/2022 - 07:15
The United Nations said Wednesday (7 September) there are credible accusations that Moscow's forces have removed children from Ukraine to Russia for adoption as part of larger-scale forced relocations and deportations.
Categories: European Union

European industry eyes China as aluminium factories shut

Thu, 09/08/2022 - 07:13
As skyrocketing energy prices take a toll on European aluminium producers resulting in factors shuttering, many players will turn to China to meet the supply crunch of the strategic metals industry, players warn. Many European industries found themselves in full-crisis...
Categories: European Union

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