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The Latest Breaking News from European Union

Ray Dalio says Europeans have a ‘lower than average work ethic’ that’s making the euro zone a declining power

Dalio said the eurozone "appears to be a strong power in gradual decline."

Fortune

States can't hide behind EU on climate change - German foreign minister

Countries cannot hide behind the European Union when it comes to combating climate change, Germany's foreign minister said on Friday, as negotiations for a final deal at the COP27 climate summit went into extra time.

Reuters

EU trade commissioner offers Ukraine 'unwavering support'

European Union trade commissioner Valdis Dombrovskis offered Ukraine the 27-nation bloc's "unwavering support" on Friday and condemned Russia's "brutal war" on its neighbour during a visit to Kyiv.

Reuters

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Chancellor Jeremy Hunt admits Tory Brexit is barrier to growth

THE Chancellor has admitted Brexit is a barrier to growth as he attempted to defend misery for millions in his austerity budget.

The National (Scotland)

Jeremy Hunt says axing nom-dom status would be ‘wrong thing’ for UK

Chancellor defends keeping tax status as he warns of ‘challenging times’ and suggests Brexit has affected economy

The Guardian - UK

Summit to be extended to Saturday as talks remain gridlocked – as it happened

The European Union has backed a loss and damage fund, one of the key demands of developing countries at the climate talks

The Guardian - UK

High energy prices lead to coal revival in Czech Republic

High energy prices linked to Russia's war in Ukraine have paved the way for coal’s comeback in some parts of Europe

The Independent UK

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The Latest | UN Climate Summit

EU climate chief Frans Timmermans said Friday that a proposal made by the bloc on funding for loss and damage and mitigation is “a final offer” that seeks to “find a compromise” between nations as negotiators try to find a way forward at the U.N. climate talks in Egypt

The Independent UK

Cop27 first-timers from Pakistan, Nigeria and Spain share their experiences

Cop27 attendees who fought hard to be heard share their highs and lows from Egypt

The Guardian - UK

EU agrees to climate damage fund, energizing bogged-down COP27 talks

Climate negotiators on Friday were mulling a European Union proposal aimed at resolving an impasse over financing for countries hit by climate-fuelled disasters and pushing the U.N. climate summit in Egypt closer to a final deal.

Reuters

Europe Threatens New Tariffs Over Biden's 'Buy American' Tax Credits

Amid initial concerns about the 'Buy American' electric vehicle tax credit, the European Union is now considering further protectionist retaliation.

Reason

West ‘should not dictate’ peace terms to Ukraine, says Czech foreign minister

Jan Lipavský says western backers should recognise that Ukraine is fighting against Russia to protect all Europe

The Guardian - UK

'DNA' in plastic pollution can be used to hold manufacturers responsible for its clean-up

Technology is now available to trace plastic waste back to its producer, and researchers are arguing for a legal framework that makes producers responsible for the entire life cycle of the plastic they use.

ABC News

Hugh Orde warns Brexit tensions have "real potential to destabilise communities"

"Since the vote to leave took place, the utterly foreseeable complications based on a land border have come to the fore"

Belfast Live

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Newsroom.co.nz

North and South far apart at COP27

At Sharm el-Sheikh, a strong vow to put right the wrongs of the world is not, sadly, the final word from the climate summit. That will be bland and unprogressive.

Reuters

EU secures up to 2 million monkeypox vaccine doses from Bavarian Nordic

The European Union said on Thursday it had secured supply of up to 2 million doses of a monkeypox vaccine from Danish company Bavarian Nordic for the next two years.

Reuters

EU to signal Britain needs to move on Northern Ireland dispute

The European Union is expected on Friday to signal to new British Prime Minister Rishi Sunak that his government must resolve the long-running dispute over Northern Ireland, EU diplomats said.

The Independent UK

Brexit: Record low now think UK was right to leave EU

Brexit now considered a mistake by significant majority of the population as UK’s economic fortunes fade

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Reuters

EU says Russia is not yet ready for peace in Ukraine

European Union foreign policy chief Josep Borrell said on Thursday that peace in Ukraine was not going to be possible until Russia withdrew its troops, but that Moscow showed no signs of being ready for that.

Reuters

EU says COP27 deal needs 'tremendous amount of work'

A tremendous amount of work is needed to turn a draft of a COP27 deal into something the nearly 200 countries at the climate summit can agree on, the European Union's Climate Policy Chief told Reuters on Thursday.

Evening Standard

OBR: Brexit has had ‘significant adverse impact’ on UK trade

The Office for Budget Responsibility also forecast payments of £18.9 billion to Brussels under the terms of the Brexit financial settlement

Reuters

COP27: More join methane pact as focus turns to farms

More than 150 countries have signed up to a global pact to reduce methane emissions, around 50 more than when the initiative launched last year, the United States and European Union said on Thursday.

The Conversation

Northern Cyprus: Russia opens up direct flights as Putin builds Turkish alliance

Russia has announced plans to begin direct flights to Turkish-occupied northern Cyprus, a state recognised only by Turkey.

The Guardian - UK

Dining across the divide: ‘I thought: are they going to send me a screaming unionist?’

She’s got reservations about Scottish independence; he would vote yes again. But can they agree on Westminster?

Reuters

COP27 negotiators face long and difficult journey - EU's Timmermans

Negotiators at the COP27 summit in Egypt face a difficult task over the coming days, European Union climate policy chief Frans Timmermans said on Thursday.

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