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Europe
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Europe News
Hungary and Ukraine close in on deal over ethnic Hungarian rights
Kyiv will propose a new law on minority education rights, with a vote expected in October. Budapest has blocked EU accession talks until Ukraine adopts the laws agreed under an 11-point plan on Hungarians in Transcarpathia.
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Europe News
Meloni asks Brussels for fiscal leeway as energy shock squeezes Italy
Italian prime Minister Giorgia Meloni is urging the European Commission again to relax the EU's fiscal rules, saying that higher inflation due to soaring energy prices is squeezing households and businesses, according to a letter seen by Euronews.
Markets
Bond rout pauses after French and UK yields hit decades-long highs
Government bond markets steadied on Friday morning after a sell-off pushed France's 10-year borrowing costs to their highest since 2002, lifted UK 30-year yields above 6% for the first time since 1998 and drove the benchmark US 10-year yield to a 24-year high.
Europe News
EU holds crisis meeting as US pressure mounts to release emergency oil
EU countries and the European Commission are holding talks on Friday that could pave the way for a new emergency oil reserves release, as pressure from Washington mounts. Energy Commissioner Dan Jørgensen told Euronews a fresh emergency release is "a possibility".
Europe Today
EU energy prices soar as Spain's housing decrees face Congress vote
EU diesel prices hit a record average of €2.24 a litre, as Energy Commissioner Jorgensen warns volatility is here to stay. Spain's Congress votes on two housing decrees, with Sanchez's coalition support in doubt, as Bucharest warns of new hybrid threats from Russia.
