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 agoBRUSSELS — 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 agoIt 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 agoA 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 agoWhen 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 agoBRUSSELS — 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 agoLONDON — 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 agoUkraine'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 agoEuropean 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 agoBRUSSELS ― 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