TAG: Procurement

UK strikes energy deal with firm linked to Putin’s gas exports

LONDON — U.K. hospitals, town halls and government departments will be heated via a massive energy deal with a subsidiary of a firm still importing Russian gas to Europe — just days after U.K. ministers boasted they were “driving Putin out of the market.”...

6 months ago

Von der Leyen dilutes plan to use Russian assets to buy Ukraine arms

BRUSSELS — European Commission President Ursula von der Leyen has tempered her plan to use the proceeds of frozen Russian assets to buy weapons for Ukraine.The EU executive will propose on Wednesday that a fraction of the approximately €3 billion derived...

6 months ago

More ideas than cash: 5 takeaways from the EU’s defense push

It took a bloody Russian invasion to get the European Union to start thinking seriously about defense.In a taboo-breaking presentation on Tuesday, top EU officials laid out their plan for a dramatic overhaul of the bloc’s defense industry. The strategy in...

6 months ago

ECB staff in uproar after lunch canteen downgrades olive oil

A staff mutiny over the quality of olive oil served at European Central Bank canteens was narrowly avoided after in-house caterers acquiesced to demands to bring back extra virgin options to the table.Staffers on the central bank’s internal messaging boar...

6 months ago

Brussels fights Putin with an arsenal of acronyms: The EU’s defense plans, explained

When Russia launched its full-scale invasion of Ukraine, EU politicians lined up to demand an urgent rethink of European security. In order to protect themselves in an uncertain world, EU countries must reinforce their own defenses and work together far m...

6 months ago

Ukraine wants to use EU money to grow its military-industrial complex

BRUSSELS — EU countries should use funds from the bloc to place arms orders with Ukrainian companies that can then be used to supply Kyiv, Minister for Strategic Industries Oleksandr Kamyshin told POLITICO. Kamishin was speaking during Monday's EU-Ukraine...

5 months ago

Starmer government rejects calls to ditch deal with firm linked to Russian gas

LONDON — Keir Starmer’s new Labour government has dismissed calls from Ukrainian campaigners to ditch a controversial public sector gas contract with a French fossil fuel giant that still trades in Russian gas. Campaign group Razom We Stand this week said...

2 months ago

Ukraine’s plan to buy Russian-made nuclear reactors sparks uproar

Ukraine's government is fighting off growing opposition to a multimillion-dollar scheme to buy mothballed nuclear reactors, facing accusations that officials are opening the door to corruption just as they push to clean up the country’s energy sector.The...

2 months ago

Defense firms need full access to EU cash as Putin haunts Europe, Draghi says

European defense firms must not fear red tape as they ramp up weapons production, according to a new report seen exclusively by POLITICO.As Russia's full-scale invasion of Ukraine continues with knock-on effects for European security, the Continent's defe...

1 month ago

Europe’s Draghi report unleashed: These are the 5 things to watch

BRUSSELS ― Mario Draghi was the man hailed as saving the eurozone during the sovereign debt crisis when president of the European Central Bank. This time his challenge may be greater still: Stop Europe falling behind the rest of the world.European Commiss...

1 month ago