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The Latest Breaking News from European Union

Morning Brief: Top Stories Dominating Financial Media on Friday, March 11

CNBC

Benzinga

VIDEO: Ukraine Refugees Arriving In UK Have To Abandon Their Pets

The EU countries have relaxed rules on animal companions, a move PETA wants the UK to adopt.

Zenger

US, G7 Allies To Revoke Russia's "Most Favored Nation" Status: Reuters

The U.S., along with the Group of Seven nations and the European Union, will move to revoke Russia's "most favored nation" status over its invasion of Ukraine,

Benzinga

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EU, UK Launches Antitrust Investigations On Google, Meta

EU and U.K. antitrust regulators launched parallel investigations into Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) unit Google and Facebook parent Meta Platforms Inc (NASDAQ:FB) over a 2018 ad deal, CNBC reports. The European Commission and the U.K.’s Competition and Markets Authority investigated whether the pact between the two tech giants dubbed “Jedi Blue” squeezed competitors out of…

Benzinga

Google, Meta Face EU Probe into Possible Competition Breach

The European Union threatened to crack down on an agreement between Google and Facebook parent Meta for online display advertising services, saying Friday that the deal may breach the bloc’s rules on fair competition. The EU’s competition watchdog opened a probe into a 2018 pact involving the participation of Meta’s…

Asharq Al-Awsat

‘Remain calm’: Financial war against Russia gets hotter, but don’t panic just yet

Just over two weeks into Russia’s expanded invasion of Ukraine, two very different wars are being waged across Europe’s renewed iron curtain.

The New Daily

EU should give Ukraine candidate status now - Lithuania

EU leaders should have given Ukraine candidate status at a summit in Versailles, Lithuanian President Gitanas Nauseda said on Friday, voicing his disappointment that a joint declaration did not go that far.

Reuters

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Belgian PM : Would be a mistake to close the EU's door to Ukraine

Ukraine must respect all the necessary procedural steps before it can become member of the European Union but closing the door on the country would be a mistake, Belgium's Prime Minister Alexander De Croo said on Friday.

Reuters

EU should promise Ukraine membership, Slovenia's Jansa says

A large majority of EU leaders support sending a strong message to Ukraine that it will be granted membership in the European Union eventually, Slovenia's Prime Minister Janez Jansa said on Friday.

Reuters

EU leaders rebuff Ukraine's hopes for fast-track accession to the bloc

EU leaders have ruled out Ukraine's appeal to quickly gain membership of the bloc, as they met in Versailles to address the fallout of Russia's invasion of its pro-Brussels neighbour. The western leaders agreed, however, to deepen relations with Kyiv.

Radio France Internationale

Ways closing Russian airspace is impacting aviation sector

One of the sectors that has been really hard hit by the Russia-Ukraine conflict is the aviation sector. Russia recently announced a ban on flights from 36 countries "as a retaliatory measure for the ban by European states on flights by civil aviation operated by Russian airlines or registered in…

The Times of India

How European response to Ukraine refugees differs from UK

Unlike the UK, EU countries have offered open sanctuary to the millions fleeing Russia’s attack in biggest refugee crisis since second world war

The Guardian - UK

Hungary PM Orban says EU will not sanction Russian gas or oil

The European Union will not impose sanctions on Russian gas or oil, Hungarian Prime Minister Viktor Orban said in a video posted on his Facebook page on Friday, amid a summit of EU leaders in France.

Reuters

Ukraine’s Zelenskiy calls Russia ‘terrorist state’ over aid shelling as forces close in on Kyiv

Ukraine president accuses Moscow of deliberate attack on humanitarian corridor in Mariupol as Russian forces appear to be regrouping in order to encircle capital

The Guardian - AU

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Dublin Live

Ukraine war: Putin's nuclear threat is very 'real' for Ireland, as Minister Coveney explains what our neutrality really means

“Let me be very clear in relation to what is happening in Ukraine, we are not neutral."

The Guardian - UK

Russia may pressure Serbia to undermine western Balkans, leaders warn

Kosovo and Bosnia-Herzegovina urge western leaders to ‘engage more actively and strongly’ in the region

Reuters

Russia to lose 'most favoured nation status' over Ukraine: sources

President Volodymyr Zelenskiy said on Friday Ukraine was at a "strategic turning point" in the war as Russian forces bombarded cities across the country and appeared to be regrouping for a possible assault on Kyiv, with satellite images showing them firing artillery as they closed in on the capital.

The Independent UK

US, allies to revoke 'most favored nation' status for Russia

President Joe Biden will announce Friday that along with the European Union and the Group of Seven countries, the U.S. will move to revoke “most favored nation” trade status for Russia over its invasion of Ukraine

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Reuters

Macron is cautious about joint EU debt plan

French President Emmanuel Macron said on Thursday the war in Ukraine will require joint EU investments which may lead to a new bout of joint debt, but added he would prefer to talk about the goals first rather than what is needed to get there.

The Guardian - AU

Russia-Ukraine war update: what we know on day 16 of the Russian invasion

Ukraine’s president says Russia is a ‘terrorist state’ while Karhkiv comes under relentless bombardment

The Guardian - UK

Harry and Meghan add voices to fierce critique of west’s Covid vaccine policies

Pair join Gordon Brown and 127 others in attack on ‘self-defeating nationalism, pharmaceutical monopolies and inequality’

France 24

As it happened: Refugees fleeing Ukraine top 2.5 million, EU bans export of luxury goods to Russia

The number of refugees fleeing Ukraine since the start of the Russian invasion on February 24 topped 2.5 million, the UN said on Friday. The news came as Brussels banned the export of luxury goods to Russia, striking a “direct blow to the Russian elite” and Russian troops continued to…

Radio France Internationale

Ukraine and Russia overshadow EU leaders' gathering in Versailles

European Union leaders met on Thursday night at the Chateau de Versailles just outside Paris for the first round in a series of strategic talks about the conflict between Russia and Ukraine.

Al Jazeera

Latest Ukraine updates: UN stresses ‘urgent’ need for talks

Ukraine-Russia news from March 11: UN says it is not aware of Ukraine biological weapons programme.

Irish Mirror

Ireland faces increased cyber attack threat, warns Foreign Affairs Minister Simon Coveney

Mr Coveney also indicated that Ireland is currently preparing to send defence equipment to Ukraine

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