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EU announces €35 billion loan to Ukraine
EU's von der Leyen announces 35 billion euro loan in Kyiv visit
European Commission President Ursula von der Leyen announced a loan of up to 35 billion euros ($39 billion) for Ukraine during a visit to Kyiv on Friday, saying it was needed to defend the country against Russian attacks and help it get through the winter.
EU pledges to loan Ukraine up to $39 billion to help rebuild its economy and power grid
G7 leaders agreed in June to engineer a $50 billion loan to help Ukraine in its fight for survival. Interest earned on profits from Russia’s frozen central bank assets would be used as collateral, but distributing the loans has been slow.
EU Plans New €35 Billion Loan for Ukraine Under G-7 Plan
European Commission President Ursula von der Leyen announced plans for a loan of up to €35 billion backed by the profits from immobilized Russian central bank assets to help provide more predictable financial support to Ukraine.
EU, Georgia
EU may suspend visa-free travel for Georgians if election not free and fair
The European Union may consider temporarily suspending its visa-free regime with Georgia if an Oct. 26 parliamentary election in the EU candidate country is not free, fair and peaceful, the bloc's ambassador to Tbilisi said on Friday.
EU considering ending Georgia's visa-free access over ruling party's democratic backsliding
"All options are on the table" if Georgia does not reverse its trend toward authoritarianism, "including the potential temporary suspension of the visa liberalization scheme," a spokesperson for the European Commission told Politico.
EU warns it may revoke visa-free regime for Georgia due to backsliding on democracy
The European Union may suspend the visa-free regime for Georgian citizens. This would be a response to the anti-democratic actions of the Georgian government and its anti-Western rhetoric, according to Politico.
EU, China
EU, China boost efforts to avert electric-vehicle tariffs, EU says
The European Commission and China agreed to intensify efforts to avert EU import tariffs on China-built electric vehicles and could re-examine a minimum-price deal previously rejected by the EU, the Commission said on Thursday.
China’s electric carmakers warn of EU investment cuts over tariff threat
Chinese car companies have warned that they will reduce investment in the EU if it imposes tariffs on electric vehicle imports next month. “Certain Chinese companies noted that if the EU proceeds with the imposition of additional tariffs,
China, EU Agree to Intensify Talks Ahead of EV Tariff Vote
The European Union and China agreed Thursday to intensify discussions as the two sides seek ways to avert looming tariffs on electric cars ahead of a deadline that’s only days away.
11h
EU chief travels to Kyiv with promise of fresh energy funds to get Ukraine through winter
European Union chief Ursula von der Leyen is traveling to war-ravaged Ukraine with the promise of 160 million euros in fresh ...
3h
Poland to Seek EU’s Leniency in Deficit Cut Talks After Floods
Poland will ask the European Commission to adjust its recommendations for budget deficit cuts in the coming years due to ...
19h
on MSN
Flood-hit regions in Central Europe will get billions in EU aid
A massive floodwave moving across Central Europe is threatening new areas and raising concerns among residents and leaders.
32m
on MSN
EU regulator backs use of Novo's Wegovy for obesity-related heart condition
The European Medicines Agency backed the use of Novo Nordisk's popular drug Wegovy to help ease heart failure in people with ...
3h
First-Time Asylum Seekers in EU Drop by 17% in June, Eurostat Says
Eurostat reported 70,375 first-time asylum requests from non-EU citizens across the bloc's 27 countries, a decrease of 17% ...
9h
on MSN
Companies face risk of huge fines and suspensions under tough new cyber rules in the EU
Companies could face hefty fines or even suspensions of service in the EU under strict new cybersecurity regulations set to ...
1d
EU antitrust regulators to spell out how Apple must open up to rivals
EU antitrust regulators launched proceedings on Thursday to ensure that Apple complies with landmark rules requiring it to ...
CNET on MSN
16h
EU Tells Apple How to Expand iOS Interoperability to Third-Party Accessories
European regulators want Apple to open up device pairing, notifications and more to other companies' products.
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