European Union

EU Parliament Votes To Mandate Universal Charger

Bloomberg News reports: Members of the European Parliament voted to force companies such as Apple Inc. to adapt products that don’t already feature a standard USB-C charger to use one. This would include iPhones, in Apple’s case. A total of 602 lawmakers voted for the plan on Tuesday, with 13 against, and eight abstaining. The deal, provisionally agreed in June …

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EU Inflation Topped 10% For August Versus Last Year

Courthouse News reports: Inflation in the 19-nation eurozone rose to 9.1% in August, up 7.1% from just a year earlier, according to data released Friday by Eurostat, the EU’s statistics agency. It remains 1% lower than the 10.1% inflation rate across the broader 27-member EU, which recorded a rate of just 3.2% in August 2021. The latest EU rate broke …

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EU Proposes €7.5B Cut To Hungary Over Corruption

Reuters reports: The European Union executive recommended on Sunday suspending some 7.5 billion euros in funding for Hungary over corruption, the first such case in the 27-nation bloc under a new sanction meant to better protect the rule of law. The EU introduced the new financial sanction two years ago precisely in response to what it says amounts to the …

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Hungary Faces Billions In Funding Cuts By EU [VIDEO]

The Associated Press reports: Viktor Orban is facing a reckoning with the EU, which appears set to impose financial penalties on his government over corruption concerns and alleged rule-of-law violations that could cost Budapest billions and cripple its already ailing economy. The EU’s executive arm, the European Commission, has for nearly a decade accused Orban of dismantling democratic institutions, taking …

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Scholz Pushes To Add Up To Nine New EU Members

Politico Europe reports: The EU should significantly expand but must first undergo fundamental reforms to ensure an enlarged bloc can still function, German Chancellor Olaf Scholz said Monday. During an hour-long speech at Charles University in Prague, Scholz outlined his vision for an EU of the future — one that has absorbed up to nine new members on its eastern …

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EU Poised To Suspend Visa Agreement With Russia

Politico Europe reports: EU foreign ministers are set to back a suspension of the bloc’s visa facilitation agreement with Moscow, the Financial Times reported, citing three officials involved in talks. Authorities have discussed limiting travel permits for Russian citizens, with some member states calling for an outright ban on Russian tourist visas, but there is no majority in favor of …

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EU Regulator Backs US Plan To Stretch MPX Vax Doses

The Voice Of America reports: A smaller dose of the monkeypox vaccine appears to still be effective and can be used to stretch the current supply by five times, the European Medicines Agency said Friday, echoing a recommendation made earlier this month by the U.S. Food and Drug Administration. The EU drug regulator said in a statement that injecting people …

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EU Saw Record 8.9% Year-On-Year Inflation Rate In July

Reuter reports: Euro zone inflation reached a new record high of 8.9% year-on-year in July, the EU’s statistics office confirmed on Thursday, with the core measure, excluding the most volatile components and key for monetary policy, also sharply up. The European Union’s statistics office Eurostat said consumer prices in the 19 countries using the euro rose in July for a …

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EU To Sue Hungary Over “No Promo Homo” Law

Reuters reports: The European Commission decided on Friday to sue Hungary over an anti-LGBT law and its refusal to renew the license of Klubradio, a broadcaster critical of the government, in the latest clash over values that risks damaging the European Union’s cohesion. The two lawsuits add to a long list of increasingly bitter standoffs between Hungary’s nationalist Prime Minister …

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Euro Slumps To Parity With Dollar, Last Time Was 2002

Bloomberg News reports: The euro has suffered a swift and brutal slump this year, and now it’s crossed a major threshold for the first time in more than two decades: parity with the dollar. The 12% decline is the result of multiple pressures, from the war in Ukraine to an energy crisis and the growing risk that Russia cuts off …

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EU Set To Grant Ukraine Candidate Member Status

The Associated Press reports: European Union leaders on Thursday are set to make Ukraine a candidate for joining the 27-nation bloc, a first step in a long and unpredictable journey toward full membership that could take many years to navigate. According to several diplomats who spoke on condition of anonymity before a leaders’ summit in Brussels, Ukraine will receive the …

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Russia Threatens Lithuania Over Transit Of Goods

The Guardian reports: Russia has provoked concern in Brussels after threatening to retaliate over Lithuania’s ban on the transit of some goods across its territory to Russian Baltic Sea exclave of Kaliningrad. The move by the government in Vilnius was described as “unprecedented” in Moscow, where the Russian foreign office said they reserved the right to respond to protect their …

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EU Approves Ukraine’s Candidacy For Membership

Reuters reports: The European Union gave its blessing on Friday for Ukraine and its neighbour Moldova to become candidates to join, in the most dramatic geopolitical shift to result from Russia’s invasion. Ukraine applied to join the EU just four days after Russian troops poured across its border in February. Ukraine and Moldova will still face a lengthy process to …

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Apple Loses EU Battle Over “Think Different” Slogan

Courthouse News reports: Tech giant Apple lost to Swiss watchmaker Swatch on Wednesday in a court fight over its use of the “Think Different” slogan. The company had appealed to the European General Court after Swatch successfully challenged Apple’s “Think Different” copyright before the European Union Intellectual Property Office in 2018 on the basis that the slogan was no longer …

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EU Mandates Uniform Charging Port For All Devices

Reuters reports: Apple will have to change the connector on iPhones sold in Europe by 2024 after EU countries and lawmakers agreed on Tuesday to a single mobile charging port for mobile phones, tablets and cameras in a world first. The political intervention, which the European Commission said would make life easier for consumers and save them money, came after …

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EU Leaders Agree To Ban Most Russian Oil Imports

The Associated Press reports: European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of new financial support. The embargo covers Russian oil brought in by sea, allowing a temporary exemption for imports delivered …

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Hungary Wants Exemption On EU Ban On Russian Oil

Politico Europe reports: The European Commission is facing a backlash against plans to send funding to Hungary as part of an effort to persuade Prime Minister Viktor Orbán to agree to EU sanctions on Russian oil. At a meeting of senior diplomats in Brussels on Wednesday, several EU countries raised concerns about a plan to offer Hungary compensation — first …

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European Union Drops Air Travel Face Mask Mandate

Deutsche Welle reports: Face masks will not have to be worn in airports and on flights in Europe, the European Union Aviation Safety Agency (EASA) and European Center for Disease Prevention and Control (ECDC) said on Wednesday. The easing of the measure will be effective as of May 16. However, authorities stressed masks were still the most effective way to …

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EU Proposes Sanctions On Russian Orthodox Leader

Reuters reports: The European Commission has proposed freezing the assets of Patriarch Kirill, head of the Russian Orthodox Church, a diplomat said on Wednesday. The Patriarch has been added to a draft blacklist that already includes hundreds of military officers and businessmen close to the Kremlin whom the EU accuses of supporting the war in Ukraine. The sanction, which would …

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Germany To Support EU Ban On Russian Oil Imports

Reuters reports: Germany said on Monday it was prepared to back an immediate European Union embargo on Russian oil, a major shift from Moscow’s biggest energy customer that could let Europe impose such a ban within days. Russia’s energy exports – by far its biggest source of income – have so far largely been exempt from international sanctions over the …

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