Europe News
Brussels to double electrification target to cut fuel consumption
After months of speculation, the European Commission announced a 46 percent electrification target for the bloc's economy by 2040. The move is intended to cut dependencies on imported fossil fuels but critics argue that high electricity prices may complicate the EU's goals.
Europe News
Newsletter: Push for sanctions on Russia goes to the wire
Good morning, readers. This is Mared Gwyn. In this Tuesday morning newsletter: the final push to get fresh sanctions on Russia over the line, exclusive lines from an interview with the Bulgarian Foreign Minister, and another packed day of enlargement talks.
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Europe Today
Newsletter: Settlement trade showdown looms
Good morning. I’m Mared Gwyn writing on another stifling day in Brussels. The political agenda is also hot – today we preview a clash on Israeli settlement trade, a push for further sanctions on Russia, and an expected reshuffle in Ukraine’s government.
Europe News
Brussels eyes €200bn in savings by electrifying Europe's economy
While earlier EU climate strategies focused primarily on cutting greenhouse gas emissions, the forthcoming electrification plan recasts the issue as one of economic competitiveness, highlighting its potential to reduce reliance on fossil fuel imports, according to a document seen by Euronews.
Europe News
Exclusive: Brussels puts trade ban with Israeli settlements on table
The EU executive has laid out several options to further restrict EU imports of goods produced in Israeli settlements in the occupied Palestinian territories, after a majority of EU foreign ministers called for clarifying what restrictive trade measures could be taken during a meeting in June.
Europe Today
EU still can't prove €43 billion in home renovations saved energy
The EU accelerated home renovations after the pandemic, but according to its own auditors, it still lacks convincing evidence that the program delivered the energy savings and value for taxpayers that justified its massive investment.
Europe News
Green groups say EU-backed chemical alliance puts polluters first
A watchdog's report challenges the industry's claims that European chemical manufacturers are facing an existential crisis due to high energy costs and Chinese competition – one of the pillars of the European Commission's competitiveness pledge.
