Author: Press Room
Published on 27/01/2026 – 10:40 GMT+1 The European Commission said it is scrutinising Hungary’s request for €17.4 billion under the European Union’s Security Action For Europe (SAFE) programme due to the country’s poor record on public procurement transparency and conflicts of interest, with MEPs warning that the money could be diverted for the political benefit of Prime Minister Viktor Orbán. Hungary is the only EU country where EU funds are suspended due to the high risk of corruption. Out of the €27 billion foreseen for Hungary in this budgetary period, €17 billion is suspended, with payments conditional on reforms to…
Good morning from Brussels. After nearly two decades of protracted talks, the European Union and India have sealed a historic free trade agreement, which at its full potential creates a market of around 2 billion people accounting for almost a quarter of the world’s GDP. Under the deal, the EU hopes to slash €4 billion in duties and double its exports to India by 2032. The EU executive says the deal’s terms are the “most ambitious” that India has ever granted to a trade partner, representing a major win as the bloc aims to bolster its resilience amid global trading…
Published on 27/01/2026 – 7:39 GMT+1 •Updated 8:36 A historic EU-India free trade agreement is being signed today in New Delhi after years of taking one step forward and two steps back. As the EU looks to counter tariff threats from the current US administration and manage an influx of cheap goods from China, European leaders and business representatives are marking the moment at a landmark EU-India summit today. Under the deal, India is expected to ease market access for European products — from cars to wine. In return, it will be easier for India to export textiles and pharmaceuticals.…
After months of intense negotiations, the European Commission concluded on Tuesday a free-trade deal with India which sharply reduces tariffs on EU products from cars to wine as the world looks for alternative markets following President Donald Trump’s tariffs. The announcement was made during a high-level visit by European Union leaders including Commission President Ursula von der Leyen. Both countries hailed a “new chapter in strategic relations” as both sides seek alternatives to the US market. India is currently facing tariffs of 50% from the Trump administration, which has severely dented its exports. After sealing the Mercosur deal with Latin…
Greenland’s Minister for Mineral Resources, Naaja Nathanielsen, has told Euronews her government is yet to “gain clarity” about Washington’s demands over Greenland, despite US President Donald Trump claiming that a framework for a potential agreement is already in place. “We still have to gain clarity about what America’s interests are concretely. We really haven’t heard anything yet,” Minister Nathanielsen, whose portfolio also covers business and energy, said on Euronews’ interview programme 12 Minutes With. The US, Greenland and Denmark are set to enter talks over a deal that would allow the US to gain an even greater foothold in the…
Published on 26/01/2026 – 17:54 GMT+1 The European Union and Jordan will hold an investment conference in Amman on April 21, European Commissioner for the Mediterranean Dubravka Šuica and Jordanian minister for international cooperation Zeina Toukan announced on Monday. The conference will be attended by European Commission President Ursula von der Leyen and the Jordan King Abdullah II, and will aim to strengthen relations between European and Jordanian companies and investors, encouraging them to meet and work together on projects that benefit both partners. “We will be visiting a number of European capitals in the next few weeks to promote…
Several EU energy ministers gathered in Hamburg on Monday vowing to increase offshore wind capacity in the North Sea with a view to lowering energy prices. Belgium, Denmark, France, Ireland, Luxembourg, the Netherlands, the United Kingdom, Norway, Iceland, and NATO all signed a declaration with wind industry leaders to increase offshore wind capacity to 100 GW as part of the shared goal of massively scaling up offshore wind by 2050 and lowering energy prices. The signing comes days after US President Donald Trump criticised Europe’s climate and energy ambitions and the speed at which windmills are being deployed. British Secretary…
Published on 26/01/2026 – 18:38 GMT+1 Estonia, Greece, Italy, Latvia, Lithuania, Poland, Slovakia and Finland on Monday had their national investment plans under the EU’s new €150 billion loan for defence scheme approved by the European Commission. These eight countries had asked for a total of €74 billion in funding – around half the total amount the Commission plans to raise on the market to finance its Security Action for Europe (SAFE) programme – with Poland accounting for €43.7 billion alone. This is the second round of approval after eight other countries – Belgium, Bulgaria, Denmark, Spain, Croatia, Cyprus, Portugal…
By Euronews Published on 26/01/2026 – 18:57 GMT+1 This year’s World Economic Forum in Davos took place at a particularly tense time. Europe and the United States displayed their disagreements on Greenland in speech after speech, raising fears of a trade war between the historic partners. Although Washington ultimately backtracked after an agreement with NATO Secretary General Mark Rutte on a “framework of future deal” over the Arctic territory, the scars run deep and the economic risks remain. For Harvard University professor Gita Gopinath, tensions over Greenland and Donald Trump’s threats of import duties against several European countries marked a political…
Published on 26/01/2026 – 18:25 GMT+1 “Donald Trump is very important to NATO and very committed to NATO”, Secretary General Mark Rutte said remarks at the European Parliament on Monday as many MEPs worry about the president of the United States’ aggressive rhetoric against Europe. Whereas Trump’s threats to control Greenland have been defined as “the end of NATO” by Danish Prime Minister Mette Frederiksen, Rutte said he believes that US President “deserves to be defended” and “is doing a lot of good stuff” for the NATO alliance. “The 2% [of the GDP spending target on defence] reached by all…