Europe in brief: ExxonMobil takes legal steps against EU windfall tax, Kosovo asks EU to help resolving tensions with Serbia, and Russia bans oil exports to countries complying with price cap

Europe in brief: ExxonMobil takes legal steps against EU windfall tax, Kosovo asks EU to help resolving tensions with Serbia, and Russia bans oil exports to countries complying with price cap

American group ExxonMobil has filed a claim with the EU court against the windfall tax for energy suppliers. Kosovo has asked the EU to help in resolving questions with Serbia, and Russia forbids export of oil to countries complying with price ceilings.

EU heads into 2023 in crisis mode

EU heads into 2023 in crisis mode

Preoccupied by multiple crises, the EU has seen a restless year. Many of the calamities which shook the EU in 2022 will still be around in 2023.

Made in Europe? The EU’s response to the US Inflation Reduction Act (IRA)

Made in Europe? The EU’s response to the US Inflation Reduction Act (IRA)

The US Inflation Reduction Act (IRA) was passed in an effort to reduce greenhouse gas emissions, the public deficit and inflation. EU officials had initially welcomed this as a step in the right direction towards mitigating climate change. However, at the time they overlooked the protectionist aspects of the law.