European Union

February 12, 2025 12:59 AM

EU, Canada and Mexico condemn Trump move to hike steel and aluminium tariffs

Mexico, Canada and the European Union on Tuesday condemned U.S. President Donald Trump's decision to impose tariffs on all steel and aluminium imports next month, a move that has fanned fears of a trade war. Trump signed proclamations late on Monday raising the U.S. tariff rate on aluminium to 25% from his previous 10% rate and eliminating country exceptions and quota deals as well as hundreds of thousands of product-specific tariff exclusions for both metals. The measures, due to take effect ...

February 11, 2025 11:40 PM

India and France can make a difference amid fast-changing global economy: EAM Jaishankar

External Affairs Minister (EAM) S. Jaishankar on Tuesday emphasized that India and France can play a significant role in shaping the fast-evolving global economy, including by inspiring the European Union (EU). Speaking at the India-France CEO Forum in Paris, Jaishankar stressed the need for diversified production, reliable and resilient supply chains, and deeper business collaborations to meet the challenges of an ever-changing world. “This applies as much to manufacturing as it does to hea...

February 6, 2025 9:19 AM

Year begins with warmest January despite shift towards cooling La Nina

Last month was the world's warmest January on record, continuing a streak of extreme global temperatures despite a shift towards the cooling La Nina weather pattern, European Union scientists said on Thursday. January extended a run of extraordinary heat, in which 18 of the last 19 months saw an average global temperature of more than 1.5 degrees Celsius above pre-industrial times, the EU's Copernicus Climate Change Service (C3S) said in a monthly bulletin. That was despite the world shifting ...

January 5, 2025 3:45 PM

Former Greek Prime Minister Simitis dies aged 88

Former Greek Prime Minister Costas Simitis, who ushered the country into the European Union's single currency in 2001, died on Sunday aged 88 at his summer house in the Peloponnese. “With sadness and respect, I bid farewell to Costas Simitis, a worthy and noble political opponent, but also the Prime Minister who accompanied Greece in its great national steps,” Greek Prime Minister Kyriakos Mitsotakis said in a statement. The government proclaimed four days of mourning and said his funeral ...

December 4, 2024 6:53 PM

Crunch time in France as lawmakers look set to oust Barnier’s government

French lawmakers are all but certain to oust the governmentwith a no-confidence motionon Wednesday, plunging the euro zone's second-biggest economic power deeper into political turmoil. Barring a last-minute surprise, Prime Minister Michel Barnier's government will be France's first to be forced out by a no-confidence vote in more than 60 years, at a time when the country is struggling to tame a massive budget deficit. That would leave a hole at the heart of the European Union at a time when G...

October 28, 2024 8:22 PM

“Spain is an important partner within European Union”: MEA

India on Monday emphasized its deepening partnership with Spain, particularly in trade, investment, and defense, describing Spain as a key partner within the European Union (EU). Tanmaya Lal, Secretary (West) of the Ministry of External Affairs, highlighted Spain’s strategic importance while addressing a special briefing during the official visit of Spanish Prime Minister Pedro Sanchez to India. "Spain is an important partner within the European Union. It held the EU presidency last year, is ...

October 17, 2024 4:44 PM

Zelenskiy pitches ‘victory plan’ to EU, says it could end war by 2025

Ukrainian President Volodymyr Zelenskiy presented his "victory plan" to the European Union on Thursday (October 17), pitching for a NATO membership invitation and a major increase in military support for Kyiv's campaign against Russia's invasion. Addressing leaders of the European Union's 27 member countries at a summit in Brussels, Zelenskiy also called for more military aid for Ukraine's fight against Russia's invasion. Zelenskiy's plan contains requests that Ukraine's allies have so far dec...

October 16, 2024 6:36 PM

Italy delivers first migrants to Albania under new deal

A ship carrying the first group of migrants to be processed in Albania under a deal with Italy arrived in the port of Shengjin on Wednesday morning, setting in motion Rome's controversial plan to process thousands of asylum seekers abroad. Italy has built two reception centres in Albania, in the first scheme by a European Union nation to divert migrants to a non-EU country. The plan aims to deter irregular arrivals to Italy, but has been criticised by rights groups who say it restricts migrants...

October 16, 2024 11:18 AM

What’s at stake in Moldova’s election and referendum on Oct 20?

Moldova's pro-Western president, Maia Sandu, is seeking a second term in a presidential election on Oct. 20, when the country will also hold a referendum on joining the European Union. Here's a look at what's at stake. WHAT ARE THE ISSUES IN MOLDOVA? Moldova is a small southeast European republic of under 3 million people located between Romania and Ukraine. It has a Romanian-speaking majority and a large Russian-speaking minority, and since the breakup of the Soviet Union has alternated betw...

September 24, 2024 5:09 PM

Fashion suppliers want brands to help with EU green regulations

As the global fashion industry braces for new green supply-chain regulations, clothing makers in low-income countries like Bangladesh expect major international brands to share the burden. The European Union’s Corporate Sustainability Due Diligence Directive (CSDDD), adopted in July, requires corporations to make their global value chains more sustainable. The new rules on workers’ rights and emissions could transform the way clothing is made and sold, most significantly in the garment fac...