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WARSAWPoland and the European Commission should arrive at an agreement that would unblock withheld EU funds soon, according to a senior official from the bloc.“I hope that a general agreement on the remaining issues will be reached very soon. So, we can have normal functioning cohesion funding,” Elisa Ferreira, EU commissioner for cohesion and reforms, told Anadolu.The EU blocked €35.4 billion ($39 billion) in coronavirus recovery funds in a spat over allegations Poland has broken the bloc's rule of law stipulations. In 2022, it set milestones on judicial independence and...

Siemens Energy weighs on German stocksGSK jumps on settling first Zantac cancer U.S. lawsuitEuro zone business growth stalls in June - flash PMISTOXX 600 off 0.3%, Germany's DAX down 1.0%June 23 (Reuters) - European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views that interest rates could stay higher for longer, while shares of Siemens Energy plunged as it withdrew its annual profit outlook.The STOXX 600 (.STOXX) index closed 0.3% lower after data showed euro zone business growth stalled this month as the...

BUCHAREST, June 22 (Reuters) - Renewable energy and transport infrastructure led a surge of projects vying for European Union recovery funds in Romania, where the government's capacity to tap funding has increased, a European Investment Bank (EIB) vice president said on Thursday.Romania stands to get up to 30 billion euros ($32.87 billion) worth of grants and loans until 2026 out of the EU's 724 billion euros Recovery and Resilience Facility (RRF), designed to help economies' post-pandemic rebound.Within central Europe, where Poland and Hungary are still struggling to unlock the funds,...