Brussels is preparing to make concessions on farm funding to facilitate the approval of the Mercosur trade agreement, aiming to overcome obstacles and secure the deal.
EU leaders agreed on a 90 billion euro interest-free loan to Ukraine for 2026-27, but failed to use frozen Russian assets for funding due to legal and political issues, opting instead to borrow on capital markets. The plan aims to support Ukraine's military and economic needs amid ongoing war, with some countries opposing the use of Russian assets, citing legal risks.
EU leaders agreed on a 90 billion euro interest-free loan to Ukraine for 2026-27, but failed to use frozen Russian assets for funding due to legal and political challenges, opting instead to borrow on capital markets. The plan faced opposition from Belgium and some Eastern European countries, but was ultimately supported by most EU leaders, with Ukraine urgently needing funds amid ongoing war and economic crisis.
Ukrainian forces struck a Russian tanker in Rostov-on-Don causing casualties and damage, while Russian air strikes wounded at least 32 in Zaporizhzhia. Ukrainian President Zelenskyy plans to push for using frozen Russian assets to support Ukraine amid international debates and threats of a new year of conflict, as Russia aims to extend its gains. Meanwhile, UK authorities warn Roman Abramovich to release funds from the Chelsea FC sale to aid Ukraine, or face legal action.
German Chancellor Friedrich Merz expressed frustration over the delays in concluding the Mercosur trade agreement, emphasizing the importance of finalizing major trade deals for the EU's global economic strategy amid ongoing negotiations and a critical EU summit on Ukraine.
EU leaders will delay their Christmas departure until an agreement on Ukraine funding is reached, amid ongoing disputes over Russian assets and financial support for Ukraine, with key discussions on defense readiness and migration policies scheduled for the upcoming European Council summit.
Brussels is considering plans to cancel or delay the 2035 ban on combustion engines, signaling a potential shift in European climate and transportation policies.
Brussels has imposed sanctions on oil trader Murtaza Lakhani due to allegations related to Russia, highlighting ongoing international measures and concerns over Russian activities.
Taiwan’s Vice President Hsiao Bi-khim urged for increased international support and recognition for Taiwan during a rare speech at the European Parliament, emphasizing the importance of Taiwan to global stability amid China's claims and efforts to isolate the island.
A large-scale strike in Brussels has led to clashes between police and protesters, disrupting the city and drawing significant attention to the ongoing labor unrest.
European businesses are underutilizing AI due to strict regulations and overregulation concerns from Brussels, leading top AI talent to move to Silicon Valley; EU aims to address this by reforming policies and ensuring fair competition among tech giants.
The article discusses various issues in Europe, including cultural backlash against Israel over Gaza conflicts affecting Eurovision participation, increased surveillance tech at borders, and legal actions against Big Tech for privacy violations, highlighting ongoing tensions and policy responses in the region.
A cyberattack on Collins Aerospace, a provider of check-in and boarding systems, has caused significant disruptions at major European airports including Heathrow, Brussels, and Berlin, leading to delays and cancellations due to inoperable automated systems, with airports advising passengers to confirm flights before traveling.
Brussels has approved Germany's large-scale spending plan amidst ongoing EU discussions on financial strategies, including plans to utilize frozen Russian assets to support Ukraine and internal budget negotiations among EU countries.