Latest News

Oxford PPE graduate Jonathan Wilkinson named Canada’s EU Ambassador in diplomatic appointment

Oxford PPE graduate Jonathan Wilkinson named Canada’s EU Ambassador in diplomatic appointment Oxford PPE graduate Jonathan Wilkinson named Canada’s EU Ambassador in diplomatic appointment
  A University of Oxford graduate has been appointed as Canada’s next ambassador to the European Union, marking a significant diplomatic...
Read More...

EU Parliament urges action to close gender care gap across Europe

EU Parliament urges action to close gender care gap across Europe EU Parliament urges action to close gender care gap across Europe
  The European Parliament has called for sweeping reforms to improve support for both formal and informal carers, warning that women continue...
Read More...

Switzerland expands Russia, Belarus sanctions in step with EU crackdown

Switzerland expands Russia, Belarus sanctions in step with EU crackdown Switzerland expands Russia, Belarus sanctions in step with EU crackdown
  Switzerland on Friday broadened its sanctions against Russia and Belarus, aligning with parts of the European Union’s latest measures...
Read More...

EU fuel prices surge again in April as diesel costs spike across bloc

EU fuel prices surge again in April as diesel costs spike across bloc EU fuel prices surge again in April as diesel costs spike across bloc
  Fuel prices across the European Union continued their sharp upward climb in April 2026, with consumers facing the steepest annual increases...
Read More...

EU growth slows as Middle East conflict sparks fresh energy shock and inflation surge

EU growth slows as Middle East conflict sparks fresh energy shock and inflation surge EU growth slows as Middle East conflict sparks fresh energy shock and inflation surge
  The European Commission’s Spring 2026 Economic Forecast projects a marked slowdown in economic activity across the EU, as the conflict...
Read More...

Eurozone inflation climbs to 3.0% in April as energy and services drive price growth

Eurozone inflation climbs to 3.0% in April as energy and services drive price growth Eurozone inflation climbs to 3.0% in April as energy and services drive price growth
  Inflation across the euro area accelerated sharply in April, reaching its highest level in nearly a year as rising energy and services...
Read More...

Belgium sees sharp drop in foreign investment, lowest level in over a decade

Belgium sees sharp drop in foreign investment, lowest level in over a decade Belgium sees sharp drop in foreign investment, lowest level in over a decade
  Belgium recorded its lowest number of new foreign investment projects since 2014, with inflows falling 11 per cent in 2025, according...
Read More...

Must Read

Most Popular Stories

VIDEO AND audio news:

Features, views, analysis

business

Latest News

Oxford PPE graduate Jonathan Wilkinson named Canada’s EU Ambassador in diplomatic appointment

Oxford PPE graduate Jonathan Wilkinson named Canada’s EU Ambassador in diplomatic appointment Oxford PPE graduate Jonathan Wilkinson named Canada’s EU Ambassador in diplomatic appointment
  A University of Oxford graduate has been appointed as Canada’s next ambassador to the European Union, marking a significant diplomatic...
Read More...

EU Parliament urges action to close gender care gap across Europe

EU Parliament urges action to close gender care gap across Europe EU Parliament urges action to close gender care gap across Europe
  The European Parliament has called for sweeping reforms to improve support for both formal and informal carers, warning that women continue...
Read More...

Switzerland expands Russia, Belarus sanctions in step with EU crackdown

Switzerland expands Russia, Belarus sanctions in step with EU crackdown Switzerland expands Russia, Belarus sanctions in step with EU crackdown
  Switzerland on Friday broadened its sanctions against Russia and Belarus, aligning with parts of the European Union’s latest measures...
Read More...

EU fuel prices surge again in April as diesel costs spike across bloc

EU fuel prices surge again in April as diesel costs spike across bloc EU fuel prices surge again in April as diesel costs spike across bloc
  Fuel prices across the European Union continued their sharp upward climb in April 2026, with consumers facing the steepest annual increases...
Read More...

EU growth slows as Middle East conflict sparks fresh energy shock and inflation surge

EU growth slows as Middle East conflict sparks fresh energy shock and inflation surge EU growth slows as Middle East conflict sparks fresh energy shock and inflation surge
  The European Commission’s Spring 2026 Economic Forecast projects a marked slowdown in economic activity across the EU, as the conflict...
Read More...

Eurozone inflation climbs to 3.0% in April as energy and services drive price growth

Eurozone inflation climbs to 3.0% in April as energy and services drive price growth Eurozone inflation climbs to 3.0% in April as energy and services drive price growth
  Inflation across the euro area accelerated sharply in April, reaching its highest level in nearly a year as rising energy and services...
Read More...

Belgium sees sharp drop in foreign investment, lowest level in over a decade

Belgium sees sharp drop in foreign investment, lowest level in over a decade Belgium sees sharp drop in foreign investment, lowest level in over a decade
  Belgium recorded its lowest number of new foreign investment projects since 2014, with inflows falling 11 per cent in 2025, according...
Read More...

Must Read

Most Popular Stories

 

Sweden has cautiously endorsed a controversial EU proposal to help repair a damaged Russian oil pipeline running through Ukraine—framing the move as a necessary

compromise to unlock vital financial support for Kyiv.

Prime Minister Ulf Kristersson acknowledged the dilemma during discussions in Sweden’s parliamentary EU Committee, describing the plan as “acceptable,” though not without concern. The EU’s offer includes technical and financial assistance to restore the Druzhba pipeline, a key route delivering Russian oil to Central Europe.

The proposal comes amid mounting frustration over Hungary’s continued blockade of a €90 billion EU loan package intended to support Ukraine’s defense against Russia’s ongoing invasion. Hungarian Prime Minister Viktor Orbán has tied his opposition to energy concerns, particularly the impact of EU restrictions on Russian oil.

Kristersson did not hold back in his criticism. “What Hungary is doing is completely unacceptable,” he said, while emphasizing that maintaining unity within the European Union remains essential at a critical moment in the war.

The European Commission, led by Ursula von der Leyen, along with European Council President António Costa, announced earlier this week that the EU is prepared to step in to help repair the pipeline, which was damaged in a Russian attack in late January.

Ukraine has reportedly welcomed the EU’s offer, seeing it as a step toward stabilizing regional energy flows. However, the move has sparked debate among member states, with some questioning whether EU funds should be used as leverage to secure Hungary’s approval for aid that has already been agreed upon in principle.

The Druzhba pipeline remains a critical supply line for Hungary and Slovakia—currently the only EU countries exempt from the bloc’s ban on Russian oil imports. Both nations have also resisted the EU’s latest sanctions package against Moscow, citing energy security concerns and accusing Ukraine of delaying repairs to the pipeline.

Kristersson warned that the coming days will be decisive, as EU leaders prepare to meet in Brussels for another high-stakes summit. With the war in Ukraine now stretching beyond four years, divisions within the EU risk undermining its collective response to Russian aggression.

Despite internal tensions, Sweden maintains that compromise may be unavoidable if it ensures continued support for Ukraine’s resistance. Photo by European Parliament, Wikimedia commons.

deneme