The European Commission

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EU to boost protection of infrastructure

EU to boost protection of infrastructure

The European Union will step up efforts to protect critical infrastructure from acts of sabotage, which in recent weeks have highlighted the bloc’s vulnerability, Bloomberg reported. The European Commission will recommend this …

Azerbaijani FM and European Commission's VP hold phone talks

Azerbaijani FM and European Commission's VP hold phone talks

Phone talks between Minister of Foreign Affairs of the Republic of Azerbaijan Jeyhun Bayramov and EU High Representative for Foreign Affairs and Security, Vice-President of the European Commission Josep Borrell took place on October 10, the …

EC proposes to impose price cap on all Russian gas

EC proposes to impose price cap on all Russian gas

The European Commission proposes to impose a price cap for all gas from Russia, and price corridors with suppliers may also be introduced, European Commissioner for Energy Kadri Simson said before an extraordinary council of EU Energy …

EU chief proposes crisis measures to curb energy price spike

EU chief proposes crisis measures to curb energy price spike

The European Union will propose measures to cap revenues from low-cost electricity generators and force fossil fuel firms to share the profits they make from soaring energy prices, European Commission President Ursula von der Leyen said on …

EU is unlikely to cap price of Russian gas - report

EU is unlikely to cap price of Russian gas - report

The EU executive is retreating from imposing a price cap on Russian gas, but pushing ahead with windfall taxes on energy company “surplus” profits, according to a leaked document. A draft regulation on the “electricity …

EU sets sights on energy market reform

EU sets sights on energy market reform

The European Union is drafting emergency plans to intervene in its energy market as pressure grows from member states to put a lid on surging electricity prices. European Commission chief Ursula von der Leyen said that Brussels was …

Europe’s drought may be worst in at least 500 years

Europe’s drought may be worst in at least 500 years

Europe is currently in the throes of a drought that appears to be the worst in at least 500 years, according to a preliminary analysis by experts from the European Union’s Joint Research Center. Some 64% of the EU is under a …

EU countries reach agreement to cut natural gas demand

EU countries reach agreement to cut natural gas demand

EU energy ministers on Tuesday reached a political agreement to decrease the bloc’s gas demand amid threats from Russia to cut off supplies. “This was not a Mission Impossible! Ministers have reached a political agreement on …

EU stalls on Ukraine aid

EU stalls on Ukraine aid

The European Union is falling behind on its high-profile promises to deliver a substantial aid package to Ukraine at the same time the bloc is confronting the prospect of severe economic pain at home. It was nearly two months ago when …

EU cuts euro zone growth forecasts

EU cuts euro zone growth forecasts

The European Commission cut its forecasts for economic growth in the euro zone for this year and next and revised up its estimates for inflation on Thursday. The EU executive now predicts growth of 2.6% this year for the 19-country …

EU countries to discuss options to jointly curb gas demand

EU countries to discuss options to jointly curb gas demand

European Union countries' energy ministers will on Monday discuss options for how they could jointly curb gas demand, as the bloc grapples with cuts to Russian supplies and prepares for possible further supply shocks. "I plan …