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The European Union starts applying a new automatic and dynamic mechanism for price adaptation of the Oil Price Cap for Russian crude for the first time from 15 January.

The post New EU mechanism to lower price cap for Russian cr...


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The EU Commission has launched two new calls under the ‘Digital, Industry and Space' cluster of the Horizon Europe Work Programme, allocating €307.3 million to bolster Europe's digital innovation and competitiveness.

The post EU launches EUR 307m...


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More regions across the EU are being hit by an escalating insurance crisis as extreme weather becomes more frequent and severe.

The post Climate and nature risks threaten Europe’s financial resilience and insurability – WWF report app...


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The EU Commission has adopted legislative proposals to secure continuous financial support to Ukraine in 2026 and 2027, with no let-up in the EU's strong support for the country's defence against Russia's war of aggression.

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Renewable energy sources accounted for 47.5 per cent of gross electricity consumption in the EU in 2024, a 2.1 per cent increase over 2023, according to figures from Eurostat.

The post Nearly 50pct EU electricity came fr...


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