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EU plus

Stories in this section cover the EU-27 countries plus the UK, Norway, Switzerland, Iceland, Liechtenstein, Monaco, Andorra and the Balkan Countries (Albania, Serbia, Montenegro, Bosnia-Herzegovina, Kosovo, North Macedonia).

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UK pauses trade talks and EU reviews relations as pressure grows on Israel to stop siege on Gaza

UK pauses trade talks and EU reviews relations as pressure grows on Israel to stop siege on Gaza

International pressure is mounting on Israel amid its renewed military operation in the Gaza strip, as both the United Kingdom and the European Union announced measures distancing themselves from the country on Tuesday. The United Kingdom paused trade negotiations with Israel and sanctioned West Bank settlers, as Britain’s top diplomat slammed Israel’s operation in Gaza as “morally unjustifiable” and “wholly disproportionate.” Meanwhile, the European Union announced that it would review its relationship with Israel, with the EU’s foreign policy chief calling the situation on the ground in Gaza “catastrophic.”
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EU countries finalise €150 billion loan to rearm against Russia

EU countries finalise €150 billion loan to rearm against Russia

European Union countries have finalised a plan for a €150billion loan programme to help rearm in the face of Russia and worries over US reliability, diplomats said on Monday. The SAFE borrowing scheme backed by the EU's central budget was proposed by Brussels in March as the bloc rushes to boost its defences following disengagement from European security by the United States.  The finalisation comes as the EU and the UK agree a new defence partnership as part of a post-Brexit "reset" at a London summit. 

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French Prime Minister Gabriel Attal announces resignation after election defeat

French Prime Minister Gabriel Attal announces resignation after election defeat

French Prime Minister Gabriel Attal announced his resignation from the government of President Emmanuel Macron on Monday (8 July), following his heavy defeat in the second and decisive round of the French parliamentary elections. The Nouveau Front Populaire, a left-wing alliance, appears to have won the parliamentary elections against all odds.
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French political uncertainty and China trade row cast shadow over Europe

French political uncertainty and China trade row cast shadow over Europe

Political uncertainty in France and an EU trade dispute with China are casting a shadow over European corporate earnings, investors say, despite forecasts pointing to better corporate results. According to LSEG I/B/E/S equity research, second-quarter earnings for companies in the pan-European STOXX 600 index are expected to rise by 2%, with revenues up 1.7%. This would be the first quarter of growth since early 2023. Investors had been optimistic about Europe's stock markets as the European Central Bank adopted a looser policy and the economic outlook improved. However, French President Emmanuel Macron's unexpected decision to call a general election has raised doubts.
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Outgoing Dutch PM Mark Rutte officially named next NATO chief

Outgoing Dutch PM Mark Rutte officially named next NATO chief

The 32 NATO countries have officially elected outgoing Dutch Prime Minister Mark Rutte as the next Secretary General of the transatlantic military alliance. NATO made the announcement on Wednesday (26 June). Rutte will take over when current NATO chief Jens Stoltenberg completes his final term on 1 October 2024.
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International Criminal Court issues arrest warrant for former Russian defence minister

International Criminal Court issues arrest warrant for former Russian defence minister

The International Criminal Court (ICC) issued an arrest warrant on Tuesday (25 June) for former Russian Defence Minister Sergei Shoigu. He is suspected of being responsible for attacks on civilian targets in Ukraine between October 2022 and March 2023. An arrest warrant has also been issued for Valery Gerasimov, commander-in-chief of the Russian army.
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EU adopts 14th package of sanctions against Russia

EU adopts 14th package of sanctions against Russia

The Council of the European Union on Monday (24 June) adopted a 14th package of economic and individual restrictive measures against Russia, "dealing a further blow to the Putin regime and those who perpetuate its illegal, unprovoked and unjustified war of aggression against Ukraine". These measures are designed to target high-value sectors of the Russian economy, such as energy, finance and trade, and make it increasingly difficult to evade EU sanctions.
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EU tariffs on China are not punishment, says German economy minister

EU tariffs on China are not punishment, says German economy minister

Proposed European Union tariffs on Chinese goods are not a "punishment", German Federal Minister for Economic Affairs and Climate Action Robert Habeck assured Chinese officials in Beijing on Saturday (22 June). The visit is the first by a senior European official since Brussels proposed significant tariffs on imports of Chinese-made electric vehicles (EVs) in response to what the EU sees as excessive subsidies. Ahead of Habeck's arrival, China warned that rising tensions over EVs could spark a trade war. "It is important to understand that these are not punitive tariffs," Habeck told the opening session of a dialogue on climate and transformation. He stressed that unlike the US, Brazil and Turkey, which have used punitive tariffs, the EU is taking a different approach.