European Commission

Croatia set to join the Euro

Croatia has been given the go-ahead to adopt the euro from the start of next year, when it will become…

2 years ago

Croatia agrees to expand oil capacity to CEE

Croatia is ready to enlarge the capacity of the Adria oil pipeline as part of a long-term energy cooperation agreement…

2 years ago

CEE states urge EU to rebuild Ukraine with seized Russian assets

In a letter to be sent to EU finance ministers, Slovakia, Lithuania, Latvia and Estonia jointly call for frozen Russian…

3 years ago

OMV to transfer euros to Russia for payments to Gazprom

Austrian energy group OMV announced on Friday that it was opening an account with Russian Gazprombank for ruble conversion. The development…

3 years ago

EC unveils EUR 300bn plan to decouple from Russian energy within 5 years

The European Commission (EC) adopted a EUR 300bn proposal for the 27-country bloc to be entirely independent of Russian energy…

3 years ago

Poland set to unlock EUR 36bn in COVID recovery funds frozen over dispute – report

The European Commission (EC) is about to release the EUR 36bn Recovery and Resilience Plan (RRP) funds to Poland that…

3 years ago

Hungary leverages over EU oil sanctions

The EU on Monday failed to make headway on finalising a sixth package of sanctions against Russia in response to…

3 years ago

Crucial vote next week for EU decarbonisation

MEPs on the environment committee of the European Parliament (ENVI) will vote on a tranche of environmental proposals early next…

3 years ago

EU may compensate CEE countries for hit from Russian oil embargo

The European Commission (EC) could channel funds to countries in Central and Eastern Europe (CEE) to help reduce their dependence…

3 years ago

Von der Leyen makes surprise visit to Budapest

European Commission President Ursula von der Leyen paid an unexpected visit to Budapest on Monday evening to discuss the EU’s…

3 years ago

EU offers CEE countries extended deadline for Russian oil embargo

The EU has revised its proposal to ban Russia oil imports by the end of 2022, in order to give…

3 years ago

CEE countries react to EU plan to completely phase out Russian oil

There were mixed messages from Central and Eastern Europe (CEE) on Wednesday, when the European Commission (EC) announced plans for…

3 years ago

Poland opens new GIPL pipeline, bringing Baltic states into EU gas transit network

Poland began operating a new pipeline that transits gas from Lithuania on Sunday, 1 May. The launch was particularly timely,…

3 years ago

EU initiates rule of law process against Hungary

The European Commission (EC) has activated against Hungary a “rule of law mechanism” that links alleged corruption to provision of…

3 years ago

EU offers loans to Lithuanian firms caught in crosshairs of Taiwan-China dispute

Reading Time: 2 minutes China regards Taiwan as a breakaway province and was angered by Lithuania allowing it to open…

3 years ago

EU mulls green-energy target hike

The European Commission (EC) is assessing whether the EU can ramp up its renewable energy target for 2030 from 40%…

3 years ago

EU bans Russian ships from Europe’s ports

The EU banned Russian seafaring vessels from entering European ports, as it approved its fifth tranche of sanctions against Russia…

3 years ago

Ukraine a “living hell”, says United Nations chief

Ukrainians are going through a “living hell”, UN Secretary-General Antonio Guterres said on Tuesday, in what he termed an unwinnable…

3 years ago

UN condemns Ukraine attack, calls for complete withdrawal of Russian forces

In an emergency General Assembly meeting on Wednesday, the United Nations condemned Russia’s attack on Ukraine and called for complete…

3 years ago

Failure to pass judicial reforms slows Slovakia’s recovery fund uptake

Slovakia’s failure to approve judicial reforms and a “court map” could curtail its access to EU recovery plan funds, writes…

3 years ago