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Updated: 2 days 17 hours ago

What regulators should take away from the ECB ‘climate stress test’

Tue, 07/12/2022 - 09:49
Regulators should be mindful of the limitations of the European Central Bank's (ECB) climate stress test, and beware of a too-big-to-fail scenario once climate risks start materialising, argues Julia Symon.
Categories: European Union

Health one of the most important issues under Czech EU presidency, minster says

Tue, 07/12/2022 - 09:26
Cancer screening, negotiations on long-term COVID-19 vaccine contracts, the European Health Data Space (but not all of it), and the care of Ukrainians will be the main priorities of the Czech presidency when it comes to health, a Czech minister told EURACTIV.com in an exclusive interview.
Categories: European Union

UEFA says rival football Super League plan is a ‘textbook cartel’

Tue, 07/12/2022 - 08:02
UEFA on Monday (11 July) criticised the breakaway European Super League with its group of elite clubs as a textbook example of a cartel, as the European soccer body sought to defend its power and lucrative media rights at a hearing before Europe's top court.
Categories: European Union

Biden unveils Webb space telescope’s first full-color image of distant galaxies

Tue, 07/12/2022 - 07:51
US President Joe Biden on Monday (11 July) released the debut photo from NASA's James Webb Space Telescope - an image of a galaxy cluster revealing the most detailed glimpse of the early universe ever seen.
Categories: European Union

Energy crisis ‘mess’ causes headache for coal regions’ transition

Tue, 07/12/2022 - 07:40
In today's edition of the Capitals, find out more about Vienna wanting to revamp EU migration rules, Gazprom cutting Italy's gas supplies, and so much more.
Categories: European Union

Ukraine prepares for fresh Russian assault, West braces for worsening energy crisis

Tue, 07/12/2022 - 07:36
Ukraine expects a fresh assault by Russian ground forces, following widespread shelling which killed more than 30 people, as Kyiv's Western allies brace for a worsening of the global energy crisis if Russia cuts its supply of oil and gas.
Categories: European Union

EU Parliament groups unite behind 14.5% energy savings goal for 2030

Tue, 07/12/2022 - 07:30
The four largest political groups in the European Parliament have united behind proposals to raise the EU’s energy efficiency target for 2030, saying this will help ease energy prices for consumers and eliminate imports of Russian fossil fuels.
Categories: European Union

Euro zone finance ministers fail again to name new bailout fund head

Tue, 07/12/2022 - 07:20
After several months of attempts, euro zone finance ministers failed again on Monday (11 July) to choose a new head of the bloc's bailout fund, EU officials said.
Categories: European Union

Oil majors face output slump, deep losses if Russia stops Kazakh pipeline

Tue, 07/12/2022 - 07:19
Western energy majors will cut output and lose billions of dollars if Russia, as is feared, suspends a pipeline that is almost the only export route for oil from land-locked Kazakhstan, company sources, traders and analysts say.
Categories: European Union

Rise of electric cars to shift biofuels use to other transport areas

Tue, 07/12/2022 - 07:15
As the pending combustion engine ban sets the clock ticking on the lucrative fuels market for passenger vehicles, the biofuels industry is aiming to bolster its position in other transport sectors – including trucking, shipping, and aviation.
Categories: European Union

Albania leads Balkans for renewable energy use, think tank data shows

Tue, 07/12/2022 - 07:14
With Earth Overshoot Day just over two weeks away, out of the region’s countries only Albania has managed to do better than average, meaning it leads the way in the Balkans in terms of renewable energy use. Earth Overshoot day...
Categories: European Union

Srebrenica genocide denial continues in Serbia

Tue, 07/12/2022 - 07:13
For 27 years, the Srebrenica genocide has been denied in various forms, from denial that there was any crime at all, through denial of the number of the murdered and their civilian status and the fact that genocide verdicts even...
Categories: European Union

Slovenian gas supply emergency plan enters first phase

Tue, 07/12/2022 - 07:13
Slovenia’s gas consumers are being urged to use natural gas with care after the country’s Energy Agency gave the public an early warning on Monday of possible supply disruption in the future. In its notification to Slovenians, the agency assured...
Categories: European Union

First European prosecutor fraud case in Croatia reaches verdict

Tue, 07/12/2022 - 07:12
The first Croatian trial initiated by the European Prosecutor’s office over the abuse of EU subsidies has resulted in a settlement, and no jail time after the defendant pleaded guilty, TPortal reported. The case against  Danijel Vinković, a farmer, received considerable attention...
Categories: European Union

Bulgaria looking to maintain old Soviet fighter jets to keep air force

Tue, 07/12/2022 - 07:12
Bulgaria is currently looking into how it can maintain its Soviet-era fighter jets before the end of the year, as failing to maintain them would leave the country without an airforce. Bulgaria, a critical part of NATO’s eastern flank, is...
Categories: European Union

Croatian finance minister: We will be constructive partners in the euro area

Tue, 07/12/2022 - 07:11
The outgoing Croatian minister of finance, Zdravko Marić, spoke to EURACTIV ahead of his last ECOFIN meeting of European finance ministers, stressing that Croatia had undergone serious fiscal consolidation to meet the convergence criteria and that it would continue to be a "constructive partner".
Categories: European Union

US official: No trade-off between European and Indo-Pacific security

Tue, 07/12/2022 - 07:09
NATO’s new strategy is not about the alliance shifting its attention toward the Indo-Pacific, but instead that there is a need to acknowledge and address China’s increased strategic influence in Europe, US Assistant Secretary of State for European and Eurasian...
Categories: European Union

Government crisis threatens Slovakia’s defence spending pledge

Tue, 07/12/2022 - 07:08
Slovakia’s recent pledge to increase military spending to 2% of its GDP to fall in line with NATO requirements could be undercut by a crisis currently brewing in government. Read also: Slovak government close to tipping point amid coalition ultimatum The...
Categories: European Union

New UK prime minister to be announced on 5 September

Tue, 07/12/2022 - 07:08
The new UK prime minister to replace the outgoing Boris Johnson will be announced on 5 September, the ruling Conservative party said Monday, with 11 hopefuls currently vying for the job. The leadership contest was triggered last week when Johnson,...
Categories: European Union

EU steps up security help for Moldova at ministers meeting in Prague

Tue, 07/12/2022 - 07:07
A new platform was launched to help Moldova with the potential increase in organised crime due to the war in Ukraine during an EU interior minister meeting in Prague on Monday. The first real test of the Czech EU Presidency...
Categories: European Union

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