Exxon Mobil is suing the European Union in an attempt to force the bloc to scrap its new windfall tax on oil companies, according to reports on Wednesday. The US oil giant argues Brussels has gone beyond its legal authority … Read More
After months of political bickering that has seen a dizzying succession of draft proposals, joint letters, emergency meetings and increasingly exasperated statements, the European Union on Monday approved the first-ever cap on gas prices. EU ministers hammered out a deal on … Read More
Belgian prosecutors have charged four people with corruption, money laundering, and participating in a criminal organization. European Parliament Becomes Focus of Corruption Scandal Belgian prosecutors charged four individuals on Sunday for their alleged involvement in a suspected Qatari bribery campaign … Read More
Finnish Prime Minister Sanna Marin on Friday offered a ‘brutally honest’ assessment of Europe’s defence capabilities, stating bluntly that ‘we’re not strong enough’ to stand up to Moscow alone before warning against dependence on China. ‘We should make sure that … Read More
A drugs cartel believed to control up to a third of Europe’s cocaine trade was taken down in a six-country bust, with 30 tonnes of drugs seized, Europol said on Monday. The European policing agency had helped co-ordinate the takedown, with … Read More
BERLIN/PARIS, Nov 18 (Reuters) – France, Germany and Spain have reached agreement on starting the next phase of development of a new fighter jet dubbed FCAS, Europe’s largest defence project at an estimated cost of more than 100 billion euros … Read More
The European Union is “ready to go” with its efforts to impose a price cap on Russian oil exports, according to Ursula von der Leyen, the president of the European Commission. “We have set all the tools necessary in place … Read More
BRUSSELS, Nov 9 (Reuters) – EU countries and European Parliament lawmakers are likely to reach a deal on a 6-billion-euro ($6 billion) satellite internet system next week, people familiar with the matter said on Wednesday, driven by the bloc’s push … Read More
ATHENS — Greece’s ever-expanding spyware scandal got another twist on Saturday with the publication of a long list of names of state officials, journalists and businesspeople targeted with malicious software. According to Greek newspaper Documento, some 33 people have been found … Read More
Energy costs for households across Europe nearly doubled compared to a year ago, new data has revealed. Gas bills have soared 111% and electricity ones 69%, according to the latest figures from the Household Energy Price Index. Averaged, these two … Read More