France to promote green investments with EUR 500 mln annually
The French government plans to budget half a billion euros annually for a new tax credit for environmentally-friendly investments as...
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EU and U.S. to pledge joint action against Chinese economic coercion
The European Union and the United States are set to commit to a collaborative approach in addressing concerns about China’s...
EU to boost ammunition production to aid Ukraine
The European Union is planning to allocate more than EUR 500 mln (USD 550 mln) to increase ammunition production in...
Poland to produce EU-funded armored vehicles for Ukraine
Poland’s Prime Minister Mateusz Morawiecki confirmed on Saturday that the European Union has approved funds for the production of 100...
Half of the European Union will be in recession next year: IMF director
For much of the global economy, 2023 is going to be a tough year as the main engines of global...
EU halts Hungary’s cohesion funds over rights concerns
The European Commission announced on Thursday it would hold back all EUR 22 bn of EU cohesion funds for Hungary...
