EU to boost military budget in €800 billion defence plan
EU confirms €800B defence spending increase by 2029, signaling a shift in military readiness....
Tag : European Union
European climate losses hit €26 billion per year on average
A European Court of Auditors report reveals that the EU faces an average annual loss of €26 billion due to extreme climate events, with potential...
EU moves forward with Chinese EV tariffs despite Germany’s objections
The European Union moves ahead with tariffs on Chinese electric vehicles despite opposition from Germany, risking potential retaliation from China in the bloc's biggest trade...
Governments pledge nearly $2 trillion for clean energy initiatives since 2020
Governments worldwide have invested $2 trillion in clean energy since 2020, tripling the post-2008 levels, driven by energy security concerns and industrial policy, the IEA...
EU court annuls €1.5 billion fine against Google in antitrust case
Google won a major legal victory as the EU's second-highest court annulled a €1.5 billion antitrust fine, ruling the European Commission failed to assess key...
Russian oil is capped at $60 per barrel by the European Union
The EU agreed with the G7 to cap Russian oil prices to deprive the Kremlin of funds for its Ukraine war, as Putin said strikes...