Ursula von der Leyen
Russia is the ‘most direct threat’ to world order, EU chief says; Finland’s leaders say NATO decision imminent
Finland’s leaders say the country should apply to join NATO ‘without delay’ Three NATO warships from the Standing Nato Mine Countermeasures Group 1 (SNMCMG1 group), EML Sakala from Estonia, Dutch HNLMS Schiedam and the flagship LVNS Virsaitis from Latvia, arrive to a harbour, to train with Finland’s coastal fleet, in the Finnish southwestern coastal city […]
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Volkswagen is prolonging its use of coal due to Russian energy ‘threat’
Covering an area of 6.5 million square meters, VW’s huge manufacturing facility in Wolfsburg uses two cogeneration plants that provide it with heat and power. Krisztian Bocsi | Bloomberg | Getty Images The CEO of Volkswagen told CNBC Wednesday that the German automotive giant was keeping its options open in terms of how it powers […]
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Europe scrambles for natural gas solution as Putin squeezes supply
EU Commission President Ursula von der Leyen said this latest aggressive move by Russia is another reminder that we need to work with reliable partners, and build our energy independence. Thierry Monasse | Getty Images News | Getty Images The European Union is racing to find alternative suppliers of natural gas after Russia’s Gazprom halted […]
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Euro sinks to five-year low on energy supply, slowdown fears
The euro traded almost 0.4% against the U.S. dollar to a level not seen since 2017. This after Gazprom decided to cut gas supplies to Poland and Bulgaria. Kinga Krzeminska | Moment | Getty Images The euro tumbled against the U.S. dollar Wednesday morning as investors grew increasingly concerned with energy supply and a potential […]
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Ukraine demands strong global response to train station killings; EU candidacy expected within months or less. Follow our live updates
Ukraine ‘expects to be granted EU candidate status in June’, minister says Ukrainian minister Olga Stefanishyna says she expects Ukraine to be given European Union candidate country status in June. Ukraine is “ready to move fast” with its application to become an EU member, Stefanishyna, who is Ukraine’s deputy prime minister for European and Euro-Atlantic […]
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EU not expected to fully ban Russian coal imports until August, sources say
A front loader collects a shovel of coal from a pile at the Raspadsky open-pit coal mine, operated by Raspadskaya PJSC, in Mezhdurechensk, Russia, on Friday, Feb. 5, 2021. Andrey Rudakov | Bloomberg | Getty Images The European Union’s proposed ban on coal imports from Russia is not expected to take full effect until August […]
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Russia faces new raft of sanctions; Boris Johnson calls on Russians to ‘find the truth’
Hungary’s government summons Ukraine ambassador over ‘insults’ Hungary’s Ministry of Foreign Affairs summoned Ukraine’s ambassador for what it said was insults from Kyiv over Hungary’s position on the Russian invasion. Hungarian Foreign Minister Peter Szijjarto demanded that Ukrainian leaders “stop their insults directed at Hungary and acknowledge the will of the Hungarian people,” referencing President […]
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EU to pressure China at virtual summit over its stance on Russia-Ukraine war, sources say
President of the European Commission Ursula von der Leyen delivers a statement in Brussels. Kenzo Tribouillard | AFP | Getty Images The European Union wants to put pressure on China to be neutral with its stance over Russia’s recent invasion of Ukraine, sources with knowledge of the matter told CNBC ahead of a virtual meeting […]
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EU strikes gas deal with the U.S. as it seeks to cut its reliance on Russia
U.S. President Joe Biden and European Commission’s President Ursula von der Leyen shake hands after speaking about steel and aluminium tariffs, on the sidelines of the G20 leaders’ summit in Rome, Italy October 31, 2021. Kevin Lamarque | Reuters The U.S. said Friday it will work with international partners to provide at least 15 billion […]
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