These are agreements that many had no longer expected: On Tuesday, the rapporteurs of the Environment Committee (ENVI), which has the lead function, took a huge step toward redesigning the European emissions trading system. The most important compromise: ETS 2 for road transport and heating of buildings is coming – albeit with restrictions. However, there […]
Yesterday, EU Commission President Ursula von der Leyen presented the proposal for the sixth sanctions package against Russia. It provides for a gradual withdrawal from Russian oil. The proposal has met with a mixed response from industry and trade associations, and experts doubt its effectiveness. Stephan Israel has the details.What an end to Russian gas […]
Yesterday evening, the EU Commission was still planning to submit its proposal for a sixth sanctions package against Russia to the member states of the European Union. In all likelihood, it will be presented today by Commission President Ursula von der Leyen in the EU Parliament. As EU chief diplomat Josep Borrell announced, the proposal […]
Poland and Bulgaria have already turned off the gas tap to Russia. Germany, too, must be prepared for a Russian gas supply freeze, Chancellor Olaf Scholz (SPD) said yesterday during his visit to Tokyo. “Whether and what decisions the Russian government takes in this regard one can only speculate, but it makes little sense to […]
“The tap has been turned off,” said Poland’s Climate Minister Anna Moskwa on Polish radio. Poland and Bulgaria have been without gas from Russia since yesterday. EU Commission President Ursula von der Leyen called Moscow’s actions “an attempt by Russia to blackmail us.” However, both countries had planned to phase out Russian gas anyway and […]
The conclusion is drawing nearer: Today at 10 AM, negotiators will meet for what could be the final trilogue on the Digital Services Act. All sides have already signaled in advance that they want to finish the negotiations. Yet there are still numerous points of contention. Among other things, a ban on personalized advertising, the […]
It was a TV debate that really deserved the name. For almost three hours, Emmanuel Macron and Marine Le Pen fought a duel in front of millions of viewers, sometimes in a matter-of-fact and detailed manner, sometimes in an extremely heated manner. The incumbent Macron, who is leading in the polls, came across as extremely […]
The EU is increasing the pressure on the Russian financial system: Tonight, the member states initiated the exclusion of seven banks from the Swift payment information system, including the second-largest bank VTB. Spared for the time being are Sberbank, the largest institution, and Gazprombank, through which a large proportion of energy deliveries are made.The invasion […]
Following Russia’s attack on Ukraine, Western sanctions are beginning to take effect. Coupled with the shock of the Russian invasion, the punitive measures lead to an exodus of Western investors. The sanctions mean “a fundamental reassessment of economic and trade relations with Russia in light of Vladimir Putin’s systematic aggression,” said VDMA CEO Thilo Brodtmann. […]
The Russian attack on Ukraine has prompted special sessions in the German Bundestag and the European Parliament. On Sunday, the Bundestag will meet unscheduled at the request of Chancellor Olaf Scholz. Scholz announced that he would deliver a government statement.Next Tuesday, at the suggestion of EP President Roberta Metsola and the leaders of the political […]