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EP/EU Affairs

EU seeks to cut gas use to protect against Russian 'blackmail'

2022-07-20
BNS/TBT Staff

BRUSSELS – The European Commission on Wednesday urged EU countries to reduce their demand for natural gas by 15 percent over the coming winter months to overcome Russia's energy supply "blackmail," AFP news agency reported In a statement,...

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EU to boost European military industry through common procurement with EUR 500 million instrument

RIGA - The European Commission on Tuesday adopted a proposal for a Regulation by the European Parliament and the Council establishing the European Defense Industry Reinforcement through common Procurement Act (EDIRPA), the EU Commission said on its website. As announced i...

EU extends budget rule suspension because of Ukraine war

BRUSSELS - The European Union on Monday extended through 2023 its suspension of rules against overspending by the bloc's governments, prolonging a pandemic-era reprieve because of Russia's war in Ukraine. "Heightened uncertainty and strong downside risks to the eco...