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A new, ground-breaking European Defence Industrial Strategy (EDIS) has been announced by the European Commission (EC). The EC said EDIS “sets a clear, long-term vision to achieve defence industrial readiness in the EU (for) when they are needed and in the quantities that are needed.” The strategy includes new programmes
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The Russian Justice Ministry on Tuesday, 20 February, named Radio Free Europe (RFE) as an “undesirable” organisation, effectively banning the US Congress-funded broadcaster from operating in Russia. Other media organisations pronounced as “undesirable” by Russia in recent years include Meduza, Novaya Gazeta Europe and Bellingcat. Anyone working for these organisations
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After 13 years of knocking on the door, Romania and Bulgaria will join Europe’s Schengen travel zone by March 2024, the European Commission (EC) announced on Monday, 1 January. The Central and Eastern Europe (CEE) countries struck the agreement to join Schengen by air and sea only after Austria
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Despite being a climate and sustainability champion, the EU has been struggling to cement these values recently, and witnessed a close call during the passage of its Environmental, Social, and Governance (ESG) reporting regulations. An attempt to obstruct the adoption of Europe’s ESG reporting rules was narrowly defeated, while
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The EU’s two top institutions seemed to be suffering from a lack of agreement – and even consultation – over enlargement last week as European Council President Charles Michel proposed a 2030 target for the EU for candidate countries in southern-eastern Europe. “Enlargement is no longer a dream… it is time
ESG
Europe will require annual investments of more than EUR 700bn (USD 762.44bn) to meet its energy transition goals to combat climate change, a senior European Commission (EC) official said on Thursday, 6 July. European Commission Vice President Maros Sefcovic made the comments as the EC released the 2023 Strategic
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Natural gas prices skyrocketed in the second half of 2021 and 2022, as sanctions on imports from Russia, disturbances in natural gas supply and concerns regarding potential supply shortages affected the market and led to price spikes, Eurostat found in its new annual survey. Along with lower nuclear power plant
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The EU has reached a provisional agreement on increasing the number of charging stations for electric vehicles (EVs) and alternative fuels, as it seeks to reduce the transport sector’s carbon footprint, Romanian outlet digi24.ro wrote. The deal will send a clear signal to EU citizens that easy-to-use recharging
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Montenegrin President Milo Djukanovic took around one-third of the votes in Sunday’s presidential election ballot, well below the majority needed to avoid a second-round vote, according to the Centre for Monitoring and Research (CeMI) data based on 95.5% of processed votes. Djukanovic, 61, is one of Europe’s
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The European Commission (EC) on Wednesday endorsed a package of 24 guarantee programmes worth EUR 2.4bn to support investments in the EU’s neighbourhood and enlargement countries in the West Balkans. The new guarantees approved by the EC’s Operational Board of the European Fund are classified under the
Bulgaria
Bulgaria is preparing for a new general election in the spring, following the failure of the country’s Socialist Party to form a working government. The Socialists, who were given a third and final chance to establish a cabinet after the 2 October election brought no clear winner, announced that
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Cybersecurity, data-driven finance and the digital euro – on what principles will the future digital payment ecosystem be based? Data sharing, digital central bank money and the fight against increasing cybercrime were among the central issues regarding transformation of the digital payment market, according to speakers at the CE Digital Payments