EU

EU seeks deal on world-first carbon border tariff

European Union flags flutter outside the EU Commission headquarters in Brussels
The European Union is hoping to reach a deal on Tuesday to impose a carbon dioxide tariff on imports of polluting goods such as steel and cement, a scheme the bloc says is crucial to support European industry during the low-carbon transition.
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Both candidates back Brexit but frontrunner Truss originally backed the UK staying in the European Union

EU markets watchdog raps national regulators over Brexit hubs

Regulators in Ireland, Luxembourg and the Netherlands allowed investment funds shifting operations from London to the European Union after Brexit to operate with too few senior staff in their new locations, the EU's securities watchdog said on Thursday.
A plane is seen during sunrise at the international airport in Munich

EU agrees law to make airlines pay more to pollute

The European Union reached a deal in the early hours of Wednesday on a law to increase the price that airlines have to pay when they emit planet-heating carbon dioxide emissions, adding pressure to the sector to shift away from fossil fuels.
European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium

EU drafts new proposal for Kosovo-Serbia ties

The European Union has drafted a new proposal for normalisation of ties between Kosovo and Serbia with a clear timeline of actions, according to a senior EU diplomat, speaking on the sidelines of the EU-Western Balkans summit on Tuesday.
European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium

EU tells COP27 it will increase climate ambition

The European Union plans to update its emissions-cutting target under the Paris climate accord, the EU climate policy chief told the COP27 summit on Tuesday, with the upgrade expected before next year's United Nations summit.
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