German customs detained a ship in a Baltic Sea port on suspicion it was carrying Russian goods sanctioned by the EU. Following Russia’s full-scale invasion of Ukraine in 2022, the bloc imposed numerous sanctions on the country, including on trade with the EU.
Last year, EU member states decided to ban the sale of new combustion engine vehicles from 2035. Meanwhile, the number of Chinese electric carmakers entering the European market is growing.
The European Commission has continued to block German airline Lufthansa’s plans to acquire a minority stake in Italian airline ITA. The EU’s competition watchdog warns of negative effects for consumers due to reduced competition.
EU leaders in the eurozone expect falling inflation to bring an economic recovery but acknowledged “economic activity is subdued in the near term” in a statement on Friday.
The European Commission on Wednesday recommended that future members of the European Union should be gradually integrated into the bloc through a “reversible” process.
Following Russian President Vladimir Putin’s election victory, the EU condemns the holding of Russian elections in the occupied territories of Ukraine.