European Commission News

EU Strengthens Energy Security with Two-Year Extension of Gas Storage Regulations

The European Commission has approved a two-year extension of gas storage regulations to enhance energy security and protect against market volatility, offering member states greate...

EU Strengthens Energy Security with Two-Year Extension of Gas Storage Regulations

The European Commission has approved a two-year extension of gas storage regulations to enhance energy security and protect against market volatility, introducing flexibility for m...

EU Strengthens Energy Security with Two-Year Extension of Gas Storage Regulations

The European Commission has approved a two-year extension of gas storage regulations to enhance energy security and protect against market volatility, offering member states greate...

EU Extends Gas Storage Rules for Two Years to Bolster Energy Security Amid Market Volatility

The European Commission has approved a two-year extension of gas storage regulations to enhance energy security and protect against market volatility, offering member states greate...

EU Strikes Back: Imposes €21 Billion Tariffs on US Imports Starting April 15

The European Union has approved €21 billion in tariffs on US imports, effective April 15, criticizing US measures as unjustified. The EU seeks a balanced negotiation, with tariffs ...

EU Strikes Back: Imposes €21 Billion Tariffs on US Imports Starting April 15

The European Commission has voted to impose €21 billion in tariffs on US imports starting April 15, in response to US tariffs deemed unjustified. The EU seeks a negotiated solution...

EU Strikes Back: Imposes Tariffs on $21 Billion US Imports Starting April 15

The European Commission has voted to impose tariffs on €21 billion of US imports starting April 15, in response to what it calls "unjustified and damaging" US tariffs. The move aim...

European Automotive Giants Call for Immediate Response to US Tariff Threats

European automotive leaders met with the European Commission to discuss the adverse effects of US tariffs on trade and supply chains, urging quick action on competitiveness measure...

March Sees a Dip in Eurozone Consumer Confidence: A Closer Look at the Numbers

The Eurozone and EU face a downturn in consumer confidence in March, with indicators falling further from their long-term averages, reflecting growing consumer pessimism.

Rolls-Royce Secures Deal to Power European Commission's Luxembourg Facility

Rolls-Royce Holdings PLC has secured a deal with the European Commission to provide emergency backup power for its Luxembourg facility, showcasing the company's commitment to suppo...

February Sees a Surge in Eurozone Consumer Confidence: A Glimpse into Economic Recovery

February marked a positive shift in Eurozone consumer confidence, with indicators rising to a negative 13.6, alongside improvements in economic sentiment. However, employment expec...

February Sees a Surge in Eurozone Consumer Confidence, Signaling Economic Optimism

February saw an uplift in Eurozone consumer confidence, with indicators rising to -13.6, alongside a 1-point increase in economic sentiment to 96.3. However, employment expectation...

EU Gives Green Light to Skydance's Ambitious Acquisition of Paramount and NAI

The European Commission has approved Skydance Media's merger with Paramount Global and the acquisition of National Amusements Inc., creating a $28 billion entertainment giant, New ...

A Glimpse of Hope: Eurozone Consumer Confidence Sees Slight Improvement in January

The Eurozone's consumer confidence indicator slightly improved in January, according to a European Commission report, while the EU's indicator remained unchanged, both still below ...

EU Considers Unified Subsidies to Accelerate Electric Vehicle Adoption and Counter Imports

The European Union is considering introducing subsidies to encourage the purchase of electric vehicles, aiming for a unified approach across member states to replace fragmented nat...

EU Approves Synopsys' $35 Billion Acquisition of Ansys with Conditions

The European Commission conditionally approves Synopsys' $35 billion acquisition of Ansys, requiring divestitures to preserve competition in optics, photonics, and EDA software mar...

December Sees a Decline in Eurozone Consumer Confidence: What's Behind the Dip?

The European Commission reports a decline in the Eurozone's consumer confidence index for December, dropping to negative 14.5 points from the previous month's negative 13.7.

Nvidia's Acquisition of Run:ai Gets Green Light from EU

The European Commission approves a merger deal between Nvidia Corporation and Run:ai Labs Ltd, stating it won't raise competition concerns. The $700 million acquisition was also pr...

Eurozone Construction Output Sees October Surge: A Closer Look

Eurostat reports a 1% monthly increase in seasonally adjusted construction output in the Eurozone for October, with a 0.7% rise in the EU. Annual figures show a 0.2% increase in th...

TikTok Faces EU Probe Over Alleged Election Interference in Romania

The European Commission has opened formal proceedings against TikTok over its suspected failure to assess and limit risks linked to elections, focusing on the Romanian presidential...

Nvidia Faces Anti-Monopoly Investigation in China: What You Need to Know

China's State Administration for Market Regulation (SAMR) has launched an investigation into Nvidia Corporation's business practices, focusing on potential violations of anti-monop...

Nvidia Faces Anti-Monopoly Investigation in China Over Mellanox Acquisition

China's State Administration for Market Regulation is investigating Nvidia over potential anti-monopoly violations related to its acquisition of Mellanox Technologies Ltd. The prob...