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European Union flags flutter outside the EU Commission headquarters in Brussels

EU meets to try to break gas price cap impasse

European Union energy ministers are meeting in Brussels on Tuesday to try to agree a bloc-wide cap on gas prices after months of deadlock over whether the measure can ease Europe's energy crisis.
European Union flags flutter outside the EU Commission headquarters in Brussels

EU seeks deal on world-first carbon border tariff

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.
Hungary's parliament convenes for autumn session, in Budapest

EU reviews Hungary's eligibility for sorely needed aid

The European Union's executive is due to come up with a new assessment on Friday of the state of democracy in Hungary to help the bloc's 26 other member states decide on whether to grant Budapest billions of euros worth of funds.
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.
U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul

Dollar slips as easing COVID curbs in China lift sentiment

The dollar slid across the board on Monday as traders piled into riskier assets after more Chinese cities eased some of their COVID related restrictions, stoking hopes of an eventual reopening of the world's second biggest economy.
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