Keywords: EU


Greek Prime Minister calls for swift action in EU farm fraud investigation

Greek Prime Minister Kyriakos Mitsotakis has urged European Union prosecutors to quickly decide whether to indict lawmakers from his centre-right New Democracy party as part of a growing investigation into EU farm fraud. The appeal comes as the scandal continues to challenge the government politically. The......

EU may suspend deficit rules if Iran war continues, Italian Minister warns

European Union authorities could temporarily relax rules requiring member states to keep budget deficits below 3% of GDP if the Middle East conflict persists, Italy’s EU Affairs Minister Tommaso Foti said on Wednesday. Foti explained that the EU Council might act in response to prolonged crises,......

European solar power saved over €3 billion in fossil fuel costs during Iran war price surge

A new analysis has found that solar generation across Europe saved the continent more than €3 billion in fossil fuel import costs during March, as the war in Iran drove sharp increases in oil and gas prices and revived fears of an energy crisis across the bloc. The findings underscore how rapidly......

Gazprom warns EU gas storage levels are dangerously low at 28%

Gazprom chief executive Alexey Miller described natural gas reserves in European Union storage facilities as dangerously low on Monday, warning that stocks may not even reach 70% of capacity before the next winter withdrawal season begins. Citing Gas Infrastructure Europe data as of March 28, Gazprom......

Euro zone posts unexpected trade deficit as US exports plunge

The euro zone recorded a trade deficit of 1.9 billion euros in January 2026, sharply missing expectations for a surplus and highlighting mounting pressure from transatlantic trade tensions, according to Eurostat data released on March 20. The deficit widened from 1.4 billion euros a year earlier, while......

Spain pledges $1.2 billion in military aid during Zelensky visit

Ukrainian President Volodymyr Zelensky secured new military and industrial support from European allies during a two-day diplomatic tour, as Kyiv seeks to maintain international backing while global attention shifts toward escalating tensions in the Middle East. Zelensky began his trip in the United......

Renewables cushion Europe power prices despite Iran conflict shock

European electricity markets are proving more resilient than expected to the Middle East energy crisis, as rapid expansion in wind and solar generation limits the impact of surging gas prices, according to a Bloomberg analysis. Gas prices in Europe have risen by more than 50 percent since late February,......

UN climate chief warns fossil fuel dependence threatens Europe’s security

The head of the United Nations climate body warned that Europe’s reliance on imported fossil fuels undermines the continent’s security and economic stability, urging policymakers to accelerate the shift toward renewable energy. Simon Stiell, executive secretary of the United Nations Framework......

European Union warns Venice Biennale over Russian pavilion participation

The European Commission warned on March 10 that it may suspend or terminate funding for the Venice Biennale after organizers allowed Russia to reopen its national pavilion for the 2026 exhibition, marking Moscow’s first participation since its full scale invasion of Ukraine four years ago. European......