Hungary Close to Meeting EU Conditions to Unlock 10 Billion Euros
The European Union froze about 10 billion euros in recovery funds meant for Hungary because of concerns about rule of law, such as the independence of courts.
European Union
Brussels, the institutions, and the 27.
Six EU Countries Push for New Tax on Oil Firms' War-Driven Profits
Germany, Italy, Austria, Poland, Portugal and Spain want EU finance ministers to discuss a new tax on oil companies at a meeting in Dublin next month.
Germany open to EU sanctions on Israel as Commission also demands settlement plan be scrapped
The European Commission has joined other countries in telling Israel to cancel a plan to build settlements east of Jerusalem, which would split the West Bank in two.
Sweden Starts Sending Migrants Back to Italy Under EU Rule, Rome Pushes Back
Sweden is joining Germany, Switzerland, Austria and Finland in sending migrants back to Italy, the country where they first entered the European Union, using an EU rule called the Dublin Regulation.
Apple cuts and simplifies EU app fees, but Epic says it's not enough
Apple has changed how it charges app developers in the European Union, simplifying its fee structure and lowering some rates, starting October 2026.
ECB chief says Europe's economic slowdown is permanent, not temporary
Christine Lagarde, head of the European Central Bank (which sets interest rates for countries using the euro), told a Geneva business forum on 19 August that Europe's decades-old growth formula of open trade, cheap energy and US military protection is breaking down for good, not just going through a rough patch.
German lawmakers from all major parties want EU to sanction Israeli minister
Politicians across Germany's political spectrum, including Chancellor Friedrich Merz's conservatives, the AfD and the Left party, are calling for the EU to sanction Israeli National Security Minister Itamar Ben-Gvir over his remarks about killing people in Gaza.
EU Weighs New Tax Rules That Would Cover Vapes for the First Time
The European Commission wants to update the EU's tobacco tax rules for the first time in ten years, raising cigarette taxes and taxing vapes, heated tobacco and nicotine pouches across the EU for the first time.
ECB warns a US tech stock crash could hurt European banks too
The European Central Bank says a sharp fall in seven dominant US tech stocks, known as the 'Magnificent Seven,' could damage the eurozone's financial system, not just American markets.
EU lets countries skip deficit rules for energy spending too, through 2028
The European Union limits how much extra debt member countries can take on each year.
Latvia asks the EU for €7 billion to help cover its war costs
Latvia's prime minister, Andris Kulbergs, has asked the European Union for 7 billion euros to help cover costs from Russia's war against Ukraine, saying countries near Russia carry too much of that burden.
EU renews Iran sanctions over drones sent to Russia; Ukraine and 8 others join in
The EU Council renewed its sanctions on Iran, which were imposed over Iran sending attack drones and missile parts to Russia for the war in Ukraine.