EU

June 29, 2025 9:28 AM

EU plans to add carbon credits to new climate goal, document shows

The European Commission is set to propose counting carbon credits bought from other countries towards the European Union's 2040 climate target, a Commission document seen by Reuters showed. The Commission is due to propose a legally binding EU climate target for 2040 on July 2. The EU executive had initially planned a 90% net emissions cut, against 1990 levels, but in recent months has sought to make this goal more flexible, in response to pushback from governments including Italy, Poland and ...

June 17, 2025 10:58 AM

EU readies ban on Russian gas imports by end of 2027

The European Commission is set to propose on Tuesday a ban on EU imports of Russian gas and liquefied natural gas by the end of 2027, using legal measures to ensure the plan cannot be blocked by EU members Hungary and Slovakia. The proposals will set out how the European Union plans to fix into law its vow to end decades-old energy relations with Europe's former top gas supplier Russia, made after Moscow's 2022 full-scale invasion of Ukraine. An internal Commission summary of the upcoming prop...

June 16, 2025 12:54 PM

Nvidia’s pitch for sovereign AI resonates with EU leaders

Nvidia NVDA.O CEO Jensen Huang has been pitching the idea of "sovereign AI" since 2023. Europe is now starting to listen and act. The concept is based on the idea that the language, knowledge, history and culture of each region are different, and every nation needs to develop and own its AI. Last week, the CEO of the artificial-intelligence chipmaker toured Europe's major capitals - London, Paris and Berlin - announcing a slew of projects and partnerships, while highlighting the lack of AI inf...

June 12, 2025 12:43 PM

EAM Jaishankar’s Brussels visit reinforces India’s ties with EU, Belgium

External Affairs Minister Dr. S. Jaishankar concluded a three-day official visit to Brussels from June 9 to 11, reinforcing India’s deepening ties with both the European Union and Belgium. In a major boost to India-EU relations, Jaishankar met European Commission President Ursula von der Leyen and European Parliament President Roberta Metsola, and co-chaired the first-ever India-EU Strategic Dialogue with EU High Representative and Vice-President Kaja Kallas. Jaishankar and von der Leyen rea...

June 5, 2025 12:10 PM

Indian delegation meets EU representatives in Belgium, conveys firm resolve against terrorism

An all-party Indian Parliamentary delegation, led by BJP MP Ravi Shankar Prasad, held a series of high-level engagements in Brussels on Wednesday with Members of the European Parliament (MEPs), emphasising India's resolute stance against cross-border terrorism. The Indian MPs visited the European Parliament and engaged with MEPs, including from the Delegation for Relations with India, the Committee on Foreign Affairs (AFET), and the Committee on Security and Defence (SEDE). The delegation brie...

May 28, 2025 12:55 PM

EU almost on track to reach 2030 climate goal

The European Union is nearly on track to reach its main climate target for this decade, with countries' existing CO2-cutting plans set to bring the bloc within one percentage point of the goal, the European Commission said on Wednesday. The EU is on course to reduce its net greenhouse gas emissions by 54% by 2030, compared with 1990 levels - just shy of its legally-binding goal of a 55% cut, the Commission said in an analysis of existing policies in the EU and its member countries. The analysi...

May 16, 2025 4:56 PM

EU readying new sanctions to increase pressure on Russia, von der Leyen says

The European Union is working on a new package of sanctions to increase pressure on Russian President Vladimir Putin over the war in Ukraine, EU Commission President Ursula von der Leyen said on Friday as leaders from across Europe met in Tirana. The EU, however, has already adopted 17 sanction packages - the latest one this week - and diplomats say it is increasingly difficult to get the necessary unanimity among the bloc's 27 members to pass new measures. "He does not want peace, so ...

May 15, 2025 10:45 PM

India, EU launch joint research projects on marine pollution and green hydrogen

India and the European Union have jointly launched two major research initiatives under the India-EU Trade and Technology Council (TTC), aiming to develop innovative solutions in the areas of marine pollution and green hydrogen production from waste. The projects, backed by a combined investment of ₹391 crore (approximately €41 million), mark a significant step in strengthening bilateral cooperation in science and technology. The TTC, established in 2022 by Prime Minister Narendra Modi ...

May 2, 2025 11:55 AM

India, EU reaffirm commitment to conclude Free Trade Agreement by 2025

India and the European Union on Friday reaffirmed their commitment to concluding an ambitious Free Trade Agreement (FTA) by the end of 2025, with both sides underscoring the strategic value of deepening trade ties and enhancing economic cooperation. During a high-level meeting held between Commerce Minister Piyush Goyal and European Commissioner for Trade and Economic Security, Maroš Šefčovič, both sides noted steady progress across various negotiating tracks and agreed to maintain momentum...

March 21, 2025 9:37 AM

EU leaders vow to continue backing Ukraine, but make no concrete pledge

European Union leaders said on Thursday that they will continue to support Ukraine, but they did not immediately endorse a call by Ukrainian President Volodymyr Zelenskiy to provide at least 5 billion euros for artillery ammunition purchases. "We need funds for artillery shells and would really appreciate Europe's support with at least five billion euros ($5.42 billion) as soon as possible," Zelenskiy told the EU leaders meeting in Brussels via video link. The bloc's foreign policy chief, Kaja...