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The Latest Breaking News from European Union

Are women overtaking men in cultural employment in the EU?

The year 2024 marks the lowest gender gap in cultural employment in the last decade. However, men still earned more than women in 26 member states.

Euronews

EU risks breaching international law with Israel gas deal, campaigners say

THE EU is risking a breach of international law over a gas deal with Israel, a human rights organisation has said.

The National (Scotland)

UniCredit Banco BPM merger battle deepens as Brussels warns Italy against unlawful interference

Rome’s use of the ‘Gold Power’ rule to impose conditions on the merger is controversial because the two companies are both Italian and there is no apparent threat to national security.

Euronews

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Kosovo fighter's sentence cut to 13 years despite court upholding convictions for murder and torture

A European Union-backed court has upheld convictions against former Kosovo Liberation Army fighter Pjetër Shala for murder, torture and arbitrary detention

The Independent UK

EU's AI Code ready for companies to sign next week

Both the member states and the European Commission need to formally give the green light to the Code, which helps providers of AI systems comply with the EU’s AI Act.

Euronews

EU Prepares $24.5B In Tariffs As Trump Threatens 30% Import Tax On Mexico, Europe

The European Union has a €21 billion ($24.52 billion) package of tariffs on U.S. goods ready for implementation should ongoing trade negotiations falter, Italy’s Foreign Minister Antonio Tajani stated in a newspaper interview on Monday, as reported by Reuters.

Benzinga

Markets are preparing for an international game of tariff bluff—but President Trump may no longer need to back down

Analysts including Deutsche Bank’s Jim Reid and Goldman Sachs’ Sven Jari Stehn suggest Trump's sharp escalation is more likely a negotiation tactic than a firm policy shift.

Fortune

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Hallow App Controversy: Why Some Users Call It a 'Money Grab'—And Why It's Banned in Some Countries

The Hallow app, a popular Christian prayer and meditation guide, faces bans in China due to 'illegal' content and potential EU restrictions over data privacy.

International Business Times UK

First Thing: ‘Humanitarian city’ would be concentration camp for Palestinians, says former Israeli PM

Ehud Olmert says plan would be ethnic cleansing, and anger at Israel over Gaza war is not all down to antisemitism. Plus, why are numbers of first-time US homebuyers at a generational low?

The Guardian - UK

The markets are playing chicken against Trump on the assumption that the Fed will rescue them if their call is wrong

"At some stage, someone’s bluff could be called," says Deutsche Bank's Jim Reid. "If huge tariffs do get imposed on August 1st, in thin holiday markets, we could get a sizeable market reaction.”

Fortune

EU Commission plans major overhaul of budget, merging agricultural and regional funds

A leaked document reveals that the European Commission is considering a major overhaul of the EU’s long-term budget by merging the Common Agricultural Policy (CAP) with cohesion policy under a single programming framework.

Euronews

Stocks Set to Open Lower as Trump Ratchets Up Tariff Threats, U.S. Inflation Data and Big Bank Earnings Awaited

September S&P 500 E-Mini futures (ESU25) are down -0.29%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.30% this morning, pointing to a lower open on Wall Street after U.S. President Donald Trump escalated his trade war.

Barchart

Trump’s 30% tariffs would eliminate EU-US trade, says chief negotiator Šefčovič

EU trade commissioner says ‘we want to use ‘every minute until 1 August to find a negotiated solution’

The Guardian - UK

Supreme court clears way for Trump to gut education department – as it happened

This liveblog is now closed.

The Guardian - US

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Al Jazeera

Europe’s stock markets drop amid Trump’s tariff threats against EU, Mexico

Major indices suffer heavy losses as EU ministers prepare to discuss response to US president’s latest trade salvo.

Evening Standard

Emmanuel Macron warns Europe’s freedom faces ‘greatest threat’ since World War Two

French President pledges to increase military budget as his nation celebrates Bastille Day

International Business Times

EU Climate VP Seeks 'Fair Competition' With China On Green Energy

The European Union is seeking "fair competition" with China and not a race to the bottom in wages and environmental standards, the bloc's vice president for the clean transition told AFP on Monday.

Euronews

European markets open in the red after Trump threatens 30% EU tariff

The president of the European Commission Ursula von der Leyen said the EU would not impose retaliatory tariffs on US imports before 1 August, allowing time for negotiation.

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The Guardian - UK

Trump confirms new weapons deal for Ukraine and threatens ‘severe’ tariffs on Russia if war doesn’t end in 50 days – as it happened

President says US will make weapons, including Patriots, but Europe will fund them for Ukraine during meeting with Nato chief, Mark Rutte

Euronews

How Serbia's turn to the West provoked Putin’s reaction

It is to be seen if Putin has yet crossed Trump’s “red line” and if Washington is willing to unleash more painful sanctions on Russia. One thing is clear – Moscow’s continued defiance and rogue activities in its neighbourhoods have awakened the Trump administration, Ambassador John B. Craig writes.

The Independent UK

Business news live: Rachel Reeves commits to non-negotiable fiscal rules ahead of Mansion House speech

Stock markets updates and business news from Monday

Euronews

EU trade ministers to mull US tariffs as Germany’s Merz cautions calm

US President Donald Trump's letter warning the EU that 30% tariffs will apply from 1 August unless a deal is reached has turned up pressure on trade negotiations.

Euronews

Fact-checking Antonio Tajani's interpretation of the European flag

Italian Foreign Minister Antonio Tajani has described the European flag as symbolising Europe’s 'Judeo-Christian roots', triggering controversy.

Benzinga

Cathie Wood Praises Ethereum Foundation's Plans To Boost Scalability And Privacy, Trader Hits Back With 'Please Don't Shill It' If You Don't Use It

Cathie Wood expressed her support on Sunday for the Ethereum (CRYPTO: ETH) Foundation’s proposed upgrades aimed at enhancing the network’s scalability and privacy.

Euronews

EU member states hesitant on Kallas' 10 options for action against Israel

Ten options for action include suspending visa free travel and blocking imports from the Jewish settlements in response to Israel’s breach of the EU-Israel Association Agreement.

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