The European Union's drive to simplify rules will not weaken the bloc's climate change goals, European Commission President Ursula von der Leyen said.

LISBON (Reuters) - The 23 EU members who also belong to NATO are likely to agree to raise the defence spending target above the current 2% of national output at a June summit of the alliance that will set a new level, European Council President Antonio Costa said.

Launching an unwelcome takeover of a rival bank used to be a sign of dangerous excess. These days, it seems to be the most logical option available to would-be acquirers. Three bids and one possible approach are currently on the table in Europe,

Spain's European Union-harmonised 12-month inflation rate rose to 2.9% in January, from 2.8% in the period through December, preliminary data from the National Statistics Institute (INE) showed on Thursday.

EU member states have been told to review transactions that have taken place since January 2021 in areas where these technologies have formed part of overseas investment. They must submit a progress report in July and a comprehensive risk assessment a year later.

Separate from LNG, the sanctions package will propose penalties on more aging oil-exporting tankers operating as part of Russia’s so-called shadow fleet, the diplomats added. The EU will target 74 new vessels, two other EU diplomats said.

Following calls to reduce the regulatory burden imposed on businesses, the European Union is poised to reform a series of laws passed under the EU Green Deal.

Following calls to reduce the regulatory burden imposed on businesses, the European Union is poised to reform a series of laws passed under the EU Green Deal

Jovita Neliupšienė visited Leonardo, the Italian helicopter manufacturer based here, earlier this month with Mayor Cherelle L. Parker.

Britain welcomed another Brexit victory the day before its 5th anniversary of leaving the EU as the country’s top index touched record highs. Meanwhile, the eurozone economy stagnated in the last quarter of 2024, Eurostat data revealed on Thursday.

European Union foreign ministers have agreed to begin lifting sanctions on Syria, but insist that the measures should be reimposed if they see any abuses by the country’s new rulers.