One of the thorniest issues involves giving more supervisory powers to the EU’s markets body, the European Securities and Markets Authority (ESMA). France and Spain pushed to give ESMA sweeping new powers immediately, while Italy and the Netherlands pushed for a transition period of up to eight years. The discussions ended with the E6 agreeing … Read more
Hungary announced on Feb. 20 that it will block the European Union’s 90-billion-euro ($107 million) loan to Ukraine until Russian oil flows via the damaged Druzhba pipeline resume. The move comes amid rising tensions between Ukraine and Hungary, one of the EU’s most Kremlin-friendly states, and comes only days before the four-year anniversary of Russia’s … Read more
Her comments come after U.S. President Donald Trump’s administration circulated a 28-point plan last week that alarmed Ukraine and its European allies for heavily favoring Moscow. Wednesday’s online meeting was seen in Brussels as a chance to “speak with one European voice” and set out the EU’s non-negotiables, ensuring all 27 members remain aligned as negotiations accelerate. Kallas … Read more
“We agreed on the what, now we have to work on the how,” Commission President Ursula von der Leyen told reporters. Faced with the Commission’s reassurances that the financial operation carried little risk, Belgian diplomats replied in internal EU meetings that a plane had little chance of crashing — but if that happens, tens of … Read more
“A new wind is blowing in Europe,” said the Dutch anti-Islam, anti-immigration populist Freedom Party leader Geert Wilders in Brussels on Thursday after a meeting of far-right leaders. Migration has been at the forefront for Europe’s politicians since 2015, when more than a million migrants, many of them Syrians fleeing war, made their way to … Read more
Nick Schifrin: And we’re now joined by the high representative for foreign affairs and security policy for the European Union, Josep Borrell. Thank you very much. Welcome back to the “NewsHour.” Let me start with Israel and Gaza. Today, as you saw, the Senate majority leader, Chuck Schumer, made a speech at Congress, and he … Read more