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European Union sees electricity production doubling by 2050 to reach net zero

The European Union estimates it will need to more than double its electricity generation by the middle of the century and boost renewables…

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EU moves ahead on plan to tax profits of frozen Russian assets

The European Union is progressing with plans to apply a windfall tax to the profits generated by frozen Russian central bank assets while opting…

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13th package of sanctions: EU prepares embargo on Russian aluminium

The European Union is going to impose an embargo on Russian aluminium as part of the 13th sanctions package. Source: Politico Details: The greatest obstacle is the increasing difficulty for the EU to find substantial targets for sanctions, the newspaper noted.

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European Union to upgrade economic security to shield key tech from China

The European Union will take the next step this week in its effort to recreate itself into a global power that can leverage its massive single…

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EU agrees on stricter rules to combat money laundering and capture cryptoassets

The European Union reached a provisional deal on Thursday to improve how national authorities work with each other to combat money laundering,…

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