EU condemns Iran’s attack on Israel as ‘unprecedented escalation’
EU foreign policy chief Josep Borrell has condemned Iran’s attack on Israel last weekend. EU foreign ministers will meet on Tuesday to discuss security in the Middle East region.
EU competition watchdog approves 2 billion euros of German state aid
The European Commission has approved a German state aid scheme worth 2 billion euros to help industrial businesses reduce their carbon emissions and switch to more renewable energy sources.
Von der Leyen urges EU red tape to be cut to boost competitiveness
According to European Commission President Ursula von der Leyen, the EU must “step up a gear” in order to safeguard its position in the field of competitiveness worldwide.
TUI moves share trading from London to the Frankfurt stock exchange
TUI’s move from the London stock exchange to Frankfurt should help the travel group to comply with EU rules on air traffic rights, facilitated by having its headquarters within the bloc.
EU financial police arrest 22, seize funds in 600-million-euro fraud case
Financial police in several EU countries has arrested 22 persons for allegedly using a network of fictitious companies to apply for money from the NextGenerationEU recovery programme.
German transport minister says more bicycle infrastructure needed
At a meeting of EU transport ministers in Brussels, German Transport Minister Volker Wissing called for more cycling infrastructure in Germany and the EU. He also advocated the use of synthetic fuels for cars to reduce greenhouse gas emissions.