City Brussels Financial News

18.09 / 12:05

pandemic Queen Elizabeth II Brussels calls for €7.5B of EU funds to be cut from Hungary over rule of law concerns

The European Commission on Sunday called for an estimated €7.5 billion in European funds to be withheld from Hungary over corruption concerns.

17.09 / 13:59

Africa Queen Elizabeth II European Commission Royal Family Hungary faces EU judgement day that could hammer its economy

Hungary is facing a reckoning with Brussels over corruption concerns that could cost Budapest billions.

16.09 / 18:25

Technology Climate change Queen Elizabeth II 'It's a boring joke,' Viktor Orbán says after MEPs declare Hungary an electoral autocracy

Hungary's Prime Minister Viktor Orbán said on Friday he found it "funny" that the European Parliament had passed a report calling his country an "electoral autocracy."

16.09 / 14:41

Health Climate change Queen Elizabeth II Migrants paying up to €20,000 to be smuggled into Europe on private aircraft, say police

Migrants have been paying up to €20,000 to be smuggled into Europe on private aircraft, say police.

09.09 / 23:07

European Union Queen Elizabeth II Royal Family Condolences, flowers and half-masts: How Europe is paying tribute to Queen Elizabeth II

World and European leaders have been paying their respects to Queen Elizabeth II.

08.09 / 10:17

European Union Russia has turned off Nord Stream 1. Here's what it means for the EU.

First, Nord Stream 1 was shut down for maintenance. Now Russia says it's being halted due to Western sanctions.

27.08 / 22:03

Football pandemic Nuclear power plant foreign Deal 'We have a deal': Kosovo citizens to travel freely to Serbia, says EU foreign policy chief

Serbia will allow Kosovo citizens to enter the country with personal ID cards issued by the government in Prishtina, according to the EU foreign policy chief, settling part of the dispute that led to an escalation of tensions along the border between the two countries in early August.

26.08 / 21:59

Technology Kosovo prime minister asks for more NATO peacekeepers amid heightened tensions

There is an urgent need for further NATO troops in Kosovo due to "threats from Serbia and Russia," the small Balkan country's prime minister said on Friday.

26.08 / 10:37

European Union Football Friend 'The jury's out': Liz Truss slammed over reply to 'Macron, friend or foe?' question

"Emmanuel Macron, friend or foe?"

25.08 / 18:45

European Union Violent brawl between football fans shakes central Brussels

Masked hooligans caused thousands of euros worth of damage to a Brussels brasserie after a violent brawl in the Belgian capital on Wednesday.

25.08 / 14:17

Europe's energy crisis French MEPs demand EU action over UK sewage discharge into Channel

Three French MEPs are calling on Brussels to take action against the UK after it allowed a significant amount of raw sewage to be dumped in the English Channel and the North Sea.

18.08 / 15:05

Alexey Alchin: Brussels must stop EU-based Russians being extradited home, says MEP

Brussels should urge EU countries to suspend any extraditions of Russians back home.

18.08 / 09:37

Law Serbia and Kosovo hold rare talks to de-escalate Balkan tensions

Wartime rivals Serbia and Kosovo are holding high-level crisis talks on Thursday which European Union mediators hope will de-escalate growing tensions in the Balkans, where Russia has tried to further increase its influence amid the war in Ukraine.

17.08 / 00:45

European Union Migrants Forest fires NOT 'Europe not the cause of UK's problems', says UK PM frontrunner Liz Truss in leaked audio

The favourite in the contest to succeed Boris Johnson as the UK's next prime minister has been heard criticising the productivity and culture of British workers, who she says need "more graft".

10.08 / 10:11

Climate change Celebrity News Artificial Intelligence recovery Brussels and Warsaw in new tussle over recovery fund as Poland threatens 'an eye for an eye'

Poland has not yet fulfilled the requirements it agreed upon in order to unlock some €35 billion in EU recovery funds, the European Commission reiterated on Tuesday after the country's most powerful politician Jarosław Kaczyński accused Brussels of not respecting their deal and threatened to no longer adhere to its "obligations".

26.07 / 12:57

Wildfires Russia to make drastic cuts to EU gas supply via Nord Stream pipeline

Russian energy giant Gazprom would further reduce natural gas flows through the Nord Stream pipeline to 20% of capacity, citing equipment repairs. The move ramps up concerns that Russia may cut off gas as political leverage over the war in Ukraine, just as Europe tries to shore up storage for winter.

22.07 / 16:25

Brussels launches new legal action against London over Northern Ireland Protocol

The European Commission on Friday launched four new infringement procedures against the UK over the implementation of the Northern Ireland Protocol.

20.07 / 14:13

Technology European Union Heatwave EU must cut gas use by 15% this winter over Russian disruption fears, Commission says

The European Commission urged member states on Wednesday to reduce their gas use by 15% from August 1 of this year until 31 March 2023 to ensure they can cope in the event of a total gas cut-off from Russia.

19.07 / 13:39

European Union Kyiv Heatwave Financial Ukraine won't default but financial situation is 'dire,' warns EU ambassador to Kyiv

Ukraine is not likely to default on its foreign debt, but the financial situation inside the war-torn country is 'dire' and requires urgent foreign aid to make up for a monthly budget shortfall worth €5 billion, the EU's ambassador to the country has warned.

18.07 / 23:27

European Union CLIMATE CRISIS Heatwave Financial Brussels defends sanctions, while pledging more Ukraine financial aid

EU foreign affairs ministers have agreed to give another €500 million to Ukraine, providing Kyiv with more firepower to stop the Russian offensive.

18.07 / 16:01

Deal Food crisis: There is 'hope' for a Russia-Ukraine deal on grain export

The European Union is hopeful that a deal between Ukraine and Russia over the exports of grain can be reached this week.

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