Thursday

19th May 2022

Commission grilled on RePowerEU €210bn pricetag

EU leaders unveiled a €210bn strategy aiming to cut Russian gas out of the European energy equation before 2027 and by two-thirds before the end of the year — but questions remain on how it is to be financed.

Opinion

Georgia, Moldova, Ukraine - the case for granting EU candidacy

Granting EU candidacy status to Georgia, Moldova and Ukraine will firmly anchor their ties with Brussels — and enable the EU to secure its place in the Black Sea region, connecting Europe to China and energy-rich Central Asia, bypassing Russia.

News in Brief

  1. Finland expects cut in gas supply after Nato application
  2. Belgium, Denmark, Germany, Netherlands push offshore wind
  3. Turkey strong-arms Finland and Sweden on extraditions
  4. Sharp increase in irregular migration to EU
  5. Russia ejects 85 European diplomats
  6. Germany shuts ex-chancellor Schröder's office over Putin ties
  7. Russia soldier pleads guilty to Ukraine war crime
  8. EU to protect Finland and Sweden until they join Nato
EU plans to jointly invest in defence capabilities

EU countries need to refill stockpiles after several member states supplied weapons to Ukraine in its fight with Russia, and to phase out existing Soviet-era weapons systems, and reinforce air defence.

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UK and EU edge closer to trade war over Northern Ireland

The EU warning comes after the UK government escalated the conflict over the Northern Ireland protocol — a set of post-Brexit trade rules — by saying it will unilaterally pass a law to change the EU-UK trade treaty.

EU not doing enough to help Ukraine, Yellen says

EU must increase funding to "help ensure Ukraine prevails over Putin's aggression," US treasury secretary Janet Yellen said in Brussels — but some EU leaders are starting to sound less warlike and have instead called for an early peace.

MEPs raise ambition on EU carbon market reform

MEPs on the environment committee agreed on reform of the European carbon market — including expanding it to buildings and transport. They also want to extend the scope of the carbon border tax, and phase out free permits by 2030.

Podcast

To Kyiv — and back

Would you pick up a gun and fight for Ukraine? The injustice of the Russian invasion has led white-collar professionals like Florent and Thomas to trade suits and ties for camouflage and Kalashnikovs.

Hungary wants EU billions for Russia oil-ban deal

Hungary is continuing to block an EU oil embargo on Russia, but there is optimism its objections can soon be overcome — perhaps within a few days to "a week or two", according to some EU foreign ministers.

EU countries rush to expand gas import capacity

EU plans to quit Russian gas and replace it, in part, by importing overseas liquified natural gas has lead to a flurry of new gas projects — which threaten to lock in unnecessary gas use for decades.

Russia's war stifles EU pandemic recovery

The impact of Russia's war in Ukraine is being felt throughout the EU and the eurozone. The European Commission has downgraded its economic forecast to 2.7-percent growth this year.

Opinion

Sweden and Finland Nato decision is right for Baltic

The Russian invasion of Ukraine is a threat to all Europe, particularly the Baltic. Sweden and Finland must join Nato to secure peace in the Baltic Sea, write the leaders of the EPP Nordic and Baltic delegations in European Parliament.

Agenda

Russia sanctions and energy dominate Next WEEK

The EU Commission is expected to put forward the RePowerEU plan, which aims to help the diversification of fossil fuel imports in the bloc, as the EU aims to get rid of its dependence on Russian energy supplies.

Opinion

Will 'Putin's Nato' follow Warsaw Pact into obscurity?

Valdimir Putin's equivalent to Nato — the Collective Security Treaty Organization of Russia, Kazakhstan, Kyrgyz Republic, Armenia, Tajikistan, and Belarus — is convening in Moscow next week to give cover that Russia is not alone in its war against Ukraine.

EU reaches deal on flagship cybersecurity law

The European Parliament and EU member states have reached an agreement over new rules intended to protect Europe's public and private critical entities from cyberattacks.

Revealed: Big Oil shaped EU's gas-cutting strategy

Internal documents found EU Commission president Ursula von der Leyen and energy commissioner Kadri Simson coordinated their Russian gas cutting strategy with oil CEOs to determine which measures were "feasible".

UK says 'no choice but to act' over post-Brexit trade rules

British foreign secretary Liz Truss said the UK has "no choice but to act" on the Northern Ireland protocol governing post-Brexit trade during a call with EU Commission vice-president Maroš Šefčovič — who warned unilateral action was "simply not acceptable".

Opinion

The EU Parliament Covid inquiry: the questions MEPs must ask

A basic lack of transparency around the EU's vaccines procurement negotiations has prevented effective public and parliamentary scrutiny. It has also made it impossible to answer some of the key questions we put forward here.

Finland moves to join Nato in historic step

Finnish public support for joining Nato has risen to record figures since Russia's aggression against Ukraine. Finland's historic move puts pressure on Sweden to also move towards joining the military alliance.

Hungary turned into 'hybrid regime', MEPs say

The new draft European Parliament report is an update to the 2018 report which triggered the Article 7 procedure against Hungary, a sanctions probe aiming to rein in member states that break EU rules and values.

Lagarde signals summer interest rate hike

European Central Bank president Christine Lagarde signalled an interest rate increase possibly as early as July, but some experts warn for a repeat of the 2011-2012 debt crisis.