Live Breaking News & Updates on European union countries

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EU nears deal on 5 billion euro military aid package for Ukraine, FT reports

European Union countries are set to agree on a new 5 billion euro ($5.46 billion) top-up to a fund used to finance military shipments to Ukraine, the Financial Times reported on Tuesday citing four officials briefed on the discussions. ($1 = 0.9166 euros)

Ukraine , Kanjyik-ghosh , Tomasz-janowski , European-union , Reuters , Financial-times , European-union-countries , Kraine , Omasz-janowski , Uro , Anjyik-ghosh ,

Opinion: Europe has a Russian fossil fuel addiction

Over two years into Russia’s full-scale invasion of Ukraine, and Europe is still addicted to Russian fossil fuels. In spite of 13 sanctions packages against Russia and endless words of solidarity for Ukraine, recent data has revealed that many European Union countries continue to import massive amounts of liquified natural gas (LNG), propping up Russian President Vladimir Putin’s genocidal regime. The European Union has taken steps to break free from Russian fossil fuels in the wake of the full-scale invasion, having launched the REPowerEU plan in May 2022 to mitigate Russia’s energy blackmail and banned the import of Russian oil.

Russia , Kremlin , Moskva , Belgium , Spain , Zeebrugge , Region-flamande , France , Montoir-de-bretagne , Pays-de-la-loire , Ukraine , United-states

Vietnam looks to remain strong competitor for global FDI

Vietnam remained an exception in attracting foreign direct investment (FDI) on the global and regional scale last year. The Southeast Asian economy was expected to attract a large amount of FDI this year, said economists and analysts.

Indonesia , India , Thailand , Thai-binh , Tinh-thai-binh , Vietnam , Republic-of , Japan , Hanoi , Han-i , United-states , China

EU agrees on new sanctions against Russia days before the second anniversary of the war in Ukraine

European Union countries on Wednesday agreed on a new package of sanctions against Russia to target individuals and businesses suspected of assisting Moscow in its war against Ukraine, including Chinese companies. The decision coincides with the second anniversary of Russia's full-scale invasion, which began on Feb. 24, 2022, and comes days after the death of Russian opposition leader Alexei Navalny. Belgium, which currently holds the rotating presidency of the 27-nation bloc, said the “package

Ukraine , China , Brussels , Bruxelles-capitale , Belgium , Moscow , Moskva , Russia , Kremlin , Russian , Chinese , Vladimir-putin

EU agrees on new sanctions against Russia days before the second anniversary of the war in Ukraine

European Union countries on Wednesday agreed on a new package of sanctions against Russia to target individuals and businesses suspected of assisting Moscow in its war against Ukraine, including Chinese companies. The decision coincides with the second anniversary of Russia's full-scale invasion, which began on Feb. 24, 2022, and comes days after the death of Russian opposition leader Alexei Navalny. Belgium, which currently holds the rotating presidency of the 27-nation bloc, said the “package is one of the broadest approved by the EU.”

Kremlin , Moskva , Russia , China , Brussels , Bruxelles-capitale , Belgium , Moscow , Ukraine , Chinese , Russian , Alexei-navalny

Analysis-EU grapples with future of military aid for Ukraine

A standoff between Germany and other European Union countries has cast uncertainty on the future of an EU military aid fund that has bankrolled billions of euros in arms for Ukraine. While Berlin and many other EU nations say they are strongly committed to keeping up weapons supplies to Kyiv, the bloc's members have been wrangling for months over how best to do so. EU leaders will discuss the issue at a summit on Thursday, which will also try to reach agreement on a four-year plan for 50 billion euros ($54.23 billion) of economic aid for Ukraine.

Beijing , China , Kyiv , Kyyiv , Misto , Ukraine , Brussels , Bruxelles-capitale , Belgium , France , Washington , United-states

Global Battery Race Heats Up With Billions for Europe's Northvolt

Startup will use cash to expand production for customers including Volkswagen and BMW

Sweden , China , Europe-northvolt , Bmw , Volkswagen , European-union , Wsjfinance-rer , Wsjclimate , Kwexclusive , Batteries , Motor-vehicles , Passenger-cars

Europe's Growth Engine Is Broken

Germany’s economy shrank last year and new challenges point to more pain ahead

Germany , Krisztian-bocsi-bloomberg , Dach-countries , European-union-countries , Europe , Western-europe , Economic-performance-indicators , Economic-growth-recession , Economic-news , Synd , Wsj-pro-com

Chip Wars Boost Europe's Top Tech Company—for Now

ASML’s monopoly in the world’s most sophisticated chip-making equipment has turned it into both an investor darling and a geopolitical battleground

China , Netherlands , Dutch , Wsjfinance , Wsjfinance-markets , Semiconductors , Industrial-electronics , Industrial-goods , Integrated-circuits , Technology , Asia-pacific

South Africans Rally Around Government's Case Against Israel

The governing African National Congress has long supported Palestinians’ quest for their own state

South-africa , Israel , Gaza-strip , Gaza , Israel-general- , Johannesburg , Gauteng , Netherlands , South-africans , United-nations , International-court