European Union

A dozen European Union countries have now been affected by cuts to gas supply from Russia, EU climate policy chief Frans Timmermans said on Thursday, as the bloc faces a deepening energy standoff with Moscow.

A growing group of countries are likely to see their credit ratings come under pressure as rising global interest rates hit already-stretched finances, one of the world's biggest rating agencies, S&P Global, has warned.

European Union leaders are set to keep pressure high on Russia at a summit this week when they will underline that work continues on sanctions, according to a draft document, with gold being considered for a possible next round.

The European Union is divided on how to help poorer nations fight a growing food crisis and address shortages of fertilisers caused by the war in Ukraine, with some fearing a plan to invest in plants in Africa would clash with EU green goals.

After 21 years as a service agent at Air France, Karim Djeffal left his job during the COVID-19 pandemic to start his own job-coaching consultancy.

EU leaders vow to back Ukraine in visit to war-torn Kyiv

On Monday, the British government introduced legislation to rip up post-Brexit trading rules for Northern Ireland, in an attempt to override the EU withdrawal treaty that it had signed.

EU signs gas deal with Egypt, Israel to end 'dependency' on Russia

The CEO of Europe's biggest airline also dismissed threats of summer strike action by what he called "Mickey Mouse" unions in Belgium and Spain covering some Ryanair workers.

Russia's invasion of Ukraine could create "new vulnerabilities" in Europe to illegal drugs by triggering shifts in smuggling routes and potentially exposing more people to narcotics, the Lisbon-based EU drugs agency warned on Tuesday.

Facing gas 'blackmail' by Russia, EU turns to Israel

European Union financial services chief Mairead McGuinness on Tuesday urged the bloc's lawmakers to agree on bank capital rules to keep the sector resilient as it emerges from the pandemic and markets fragment due to war in Ukraine.

Alphabet Inc unit Google, Facebook Inc, Twitter Inc and other tech companies will have to take measures to counter deepfakes and fake accounts on their platforms or risk hefty fines under an updated European Union code of practice, according to an EU document seen by Reuters.

Britain's government overcame a legal challenge to its controversial policy to begin deporting asylum seekers to Rwanda as the High Court dismissed campaigners' attempts to win an injunction and said the first flight could leave next week.

Food prices: how countries are using the global crisis to gain geopolitical power

Spain, as host of an upcoming NATO summit, will push for the inclusion of "hybrid threats" such as irregular migration, food insecurity and terrorism in the alliance's new policy roadmap, Foreign Minister Jose Manuel Albares said in an interview.

The European Parliament votes on Wednesday on eight climate change policies, with the outcome uncertain as concerns about soaring energy costs and inflation collide with Europe's commitments to fight global warming.

The situation on the eastern frontline in Donbas has become increasingly desperate, with Ukrainian towns facing near constant shelling from Russian forces.

Europe's race to replace Russian gas supply has threatened Australia's plans for five gas import terminals as they compete for key infrastructure, raising the risk of a supply shortfall in Australia's populous southeast in the next two years.

European Union leaders agreed on Monday to ban most imports of Russian oil to the 27-nation bloc as Ukrainian and Russian forces battled on the outskirts of Sievierodonetsk, the last city still held by Kyiv in Ukraine's strategic Luhansk province.

Britain set out sweeping reforms of big company audits on Tuesday after high-profile collapses at builder Carillion and retailer BHS in recent years hit thousands of jobs and raised questions about accounting quality.

European Union leaders agreed in principle on Monday to cut 90% of oil imports from Russia by the end of this year, resolving a deadlock with Hungary over the bloc's toughest sanction yet on Moscow since the invasion of Ukraine three months ago.

Another EU official said the mooted compromise raised questions of fairness on the sanctions burden shouldered by member states.

"The focus in oil markets is on the EU summit taking place next week, at which another attempt will be made to agree on an EU-wide embargo on Russian oil,"

Ukraine's Infrastructure Minister Oleksander Kubrakov said that the two neighbours were working on easing transport of Ukraine's goods to the European Union.

On the business agenda, discussions are likely to focus on the souring state of financial markets and the global economy.

Sweden and Finland were both neutral throughout the Cold War, and their decision to join NATO is one of the most significant changes in Europe's security architecture for decades

The EU issued no hint that renegotiating the protocol was in the offing, after warning that any UK violation of the Brexit pact could see it hit back with tariffs.

London has been threatening to rip up the protocol for months - potentially threatening a trade war with Europe at a time of soaring inflation

Ignoring calls from Western nations to hike output more, OPEC+ agreed to raise June production by 432,000 barrels per day