City Brussels Financial News

04.05 / 10:19

European Union Ursula von der Leyen end Brussels proposes to stop Russian oil imports by the end of the year

Ursula von der Leyen, the president of the European Commission, has today unveiled a proposal to impose an EU-wide ban on Russian oil imports, one of Moscow's main sources of revenue.

03.05 / 07:35

European Union Energy pandemic Brussels says difficult months ahead for Europe, after EU energy ministers meeting

Brussels says it is preparing for difficult months ahead in the energy sector, following an extraordinary meeting of the bloc's energy ministers on Monday to discuss its strategy after Russia decided to cut off gas to Poland and Bulgaria last week.

28.04 / 10:53

Technology Art Bitcoin Fine Poland and Bulgaria might be fine without Russian gas for a few months — until next winter

If there was ever a time for Russia to cut off gas supplies to Poland and Bulgaria, spring was probably ideal as consumers are unlikely to feel the impact at home — but the race is now on to find alternatives for industry and before the cold returns.

27.04 / 14:41

European Union Time Brussels triggers rule of law mechanism for very first time against Hungary

Brussels on Wednesday triggered its rule of law mechanism for the very first time, warning Hungary it could lose out on European Union funds.

26.04 / 14:47

European Union Agency Brussels wants EU judicial agency to take greater role in Ukraine war crimes probe

The European Commission on Monday called for Eurojust's mandate to be strengthened to facilitate investigations into possible war crimes in Ukraine.

25.04 / 18:07

Marine Le Pen 'Significant win' for Brussels as France, Slovenia back pro-EU leaders

Brussels breathed a sigh of relief on Sunday evening as voters in France and Slovenia shunned nationalists to back pro-EU leaders.

20.04 / 08:01

Hacking European Parliament begins investigation into Pegasus spyware as MEP hacks revealed

The European Parliament committee charged with investigating Pegasus spyware activities began its work on Tuesday, looking into numerous cases, including accusations of spying against Hungary, Poland, and Greece.

13.04 / 09:41

Energy After coal, the EU faces an uphill battle to ban Russian oil and gas

The European Union has dared to break a taboo that a few months ago would have been unthinkable: banning Russian fossil fuels, the precious supplies on which the bloc so heavily depends.

10.04 / 17:53

Target debate European Countries Debate How to Cut Purchases of Russian Oil

European governments, having decided last week to phase out purchases of coal from Russia, are set to begin a debate this week about a more ambitious target: weaning themselves off Russian oil.

07.04 / 23:03

Health EU countries agree on new Russia sanctions, including coal embargo

European Union countries agreed on Thursday on a Russian coal embargo as part of a fifth round of sanctions against Russia over the war in Ukraine.

07.04 / 22:03

Health European Union recovery EU approves Bulgaria’s post-pandemic recovery fund plan

The European Union has given the green light to Bulgaria’s recovery and sustainability plan following the COVID-19 pandemic.

07.04 / 21:17

business Blockchain Metaverse HBAR Foundation launch $250M metaverse fund to enhance consumer brand adoption

The HBAR Foundation, a not-for-profit independent organization of distributed ledger firm Hedera Hashgraph, has announced the establishment of a $250 million dollar metaverse fund to drive consumer brand adoption of tokenized Web3 applications.

07.04 / 16:50

European Union CLIMATE CRISIS NATO analyst 'Sooner or later Europe will turn off Russian gas,' says analyst

Economic sanctions are having "no impact" on Russian behaviour in Ukraine, a US analyst has told Euronews.

06.04 / 18:25

privacy Central Bank European Commission digital euro Here's How You Can Help Shape Digital Euro

Amid an intensification in the European Union’s crypto-focused legislative efforts, the European Commission has launched a new consultation on its digital euro central bank digital currency (CBDC) project. The procedure will allow interested stakeholders who want to help shape a digital euro to voice their opinion to Brussels, with privacy concerns likely to rank as one of the leading topics.

06.04 / 15:05

Watch live: Hungary's Viktor Orban speaks to the press after election victory

Viktor Orban is to hold a press conference following his reelection for a fourth consecutive term as prime minister of Hungary.

06.04 / 09:59

Social Media Ursula von der Leyen Hungary could lose out as EU moves to link cash to rule of law respect

Brussels has triggered a process in Hungary that threatens to link the payment of EU cash to respect for rule of law.

04.04 / 21:05

Climate change War crimes IPCC EU mulls tougher sanctions following Bucha 'atrocities'

Brussels is pushing for a tougher fifth round of sanctions against Moscow following the 'atrocities' revealed over the weekend in the Ukrainian town of Bucha.

04.04 / 12:51

War Moon 'A victory so big you can see it from the moon... and Brussels,' says Hungary's Viktor Orban

Hungary's nationalist Prime Minister Viktor Orban declared victory in Sunday's national elections, claiming a mandate for a fourth term as a still incomplete vote count showed a strong lead for his right-wing party.

02.04 / 20:47

Hungary election: Who's running? What are the key issues? Will Viktor Orban be waving goodbye?

Hungary's longtime prime minister Viktor Orban will face his toughest challenge yet when the country heads to the polls on Sunday (3 April).

02.04 / 11:49

European Union Twelve years of Orban: How the EU has failed to rein in Hungary's democratic backsliding

Viktor Orban, the ultra-conservative Hungarian Prime Minister on the cusp of securing a fifth consecutive term, has built his career on bashing the European Union and has mostly gotten away with it.

01.04 / 08:29

Centre 'The million dollar question': Ukraine war poised to take centre stage at tense EU-China summit

Russia's invasion of Ukraine is set to take centre stage during a virtual high-level meeting between EU and Chinese leaders on Friday, that comes on the heels of months of strained relations.

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