The Eurogroup in inclusive format issued a statement on the future of the Banking Union. The creation of the Banking Union in 2014 was a powerful response to the financial crisis, with significant progress on an EU single rulebook, on the establishment of a new European architecture for supervision and resolution, and on reducing risks. This has […]
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Cutting emissions from planes and ships: EU actions explained
Emissions from planes and ships are increasing, while the EU wants to reach carbon neutrality by 2050. Read about EU measures to reduce their emissions Despite only accounting for about 8 % of the EU’s total emissions, emissions from aviation and shipping are increasing. In an effort to cut the EU’s total emissions 55 % […]
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Recovery plans: MEPs push for wise use of money, democratic oversight
Countries should use the more than €700 billion available under EU recovery plans to adapt to new social and economic realities, MEPs say. The EU’s Recovery and Resilience Facility was set up at the height of the Covid-19 crisis to help EU countries support struggling businesses and people. While the EU’s economy rebounded in 2021 after […]
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EU and Egypt step up cooperation on climate and energy
Today in Cairo, on the occasion of the visit of Commission President Ursula von der Leyen and her meeting with Egyptian President El Sisi, the EU and Egypt issued a joint statement on climate, energy and the green transition. The EU and Egypt will join efforts to implement the Paris Agreement and ensure ambitious outcomes at COP27, which takes place […]
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Kremlin Hate Speech Incites War Crimes in Ukraine
After years of collecting, analysing and archiving examples of Russian disinformation on the EUvsDisinfo platform, they have come to expect a certain degree of bombast and unpredictability from pro-Kremlin disinformation outlets. Sure, the overall course of disinformation and propaganda is clear, with the same narratives playing out time and time again, like a broken record. […]
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Russia’s invasion of Ukraine is aggravating the global food crisis
What is causing the food crisis? Russia’s war in Ukraine is driving food prices up to an all-time high. Global agricultural commodity prices have been constantly rising since mid-2020 against the backdrop of the recovery from the COVID-19 pandemic, soaring fertiliser and energy prices and a global deterioration of macroeconomic conditions. Russia’s military aggression against […]
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ECB will apply flexibility in reinvesting redemptions coming due in the PEPP portfolio
The Governing Council met to exchange views on the current market situation. Since the gradual process of policy normalisation was initiated in December 2021, the Governing Council has pledged to act against resurgent fragmentation risks. The pandemic has left lasting vulnerabilities in the euro area economy which are indeed contributing to the uneven transmission of […]
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Commission launches infringement proceedings against the UK
The European Commission has launched infringement proceedings against the United Kingdom for not complying with significant parts of the Protocol on Ireland / Northern Ireland. Despite repeated calls on the UK government to implement the Protocol, it has failed to do so. This is a clear breach of international law. The aim of these infringement […]
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Defence and energy autonomy seen as key to 2022
A Eurobarometer shows that European citizens support massively a common security and defence policy and expect the EU to phase out its dependency on Russian sources of energy. The survey also confirms the large support for the EU’s response to the Russian aggression against Ukraine. The EU’s response to Russia’s invasion of Ukraine – In line with […]
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