Author: Press Room

EU seeks to boost Europe’s chip demand in tech sovereignty bid

The European Commission is set to unveil a new proposal aimed at boosting demand for European chips, particularly for artificial intelligence technologies, according to a draft seen exclusively by Euronews. ADVERTISEMENT ADVERTISEMENT Brussels is preparing a major shift in its industrial policy on semiconductors through a revised Chips Act, due to be published on 3 June. “While the initial Chips Act has been predominantly supply-driven, the Chips Act 2.0 places greater emphasis on demand-side measures. The two dimensions are mutually reinforcing: cultivating robust local demand supports the strengthening of local semiconductor supply,” an early draft of the proposal reads. The…

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EU will never be a neutral mediator between Ukraine and Russia, says Kallas

The European Union will not seek to mediate between Ukraine and Russia nor attempt to replace the United States in the peace process, High Representative Kaja Kallas has said amid an ongoing debate on whether the bloc should appoint a special envoy. ADVERTISEMENT ADVERTISEMENT The hot-button issue, which has sharply divided member states and fuelled intense speculation about potential candidates, was top of the agenda during an informal meeting of foreign affairs ministers on Thursday in Lemesos, Cyprus. “One thing is very clear: Europe will never be a neutral mediator between Russia and Ukraine, because we are on Ukraine’s side…

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Exclusive: IEA chief Birol warns Europe easing Russian energy sanctions would be ‘major mistake’

Easing sanctions on Russian energy would be a “major mistake” by European countries, International Energy Agency chief Fatih Birol warned in an interview with Euronews, as the bloc deals with the ramifications of a second energy shock in four years. ADVERTISEMENT ADVERTISEMENT The EU is weighing measures to ease price pressures on member states resulting from the Strait of Hormuz crisis, a vital route that carries one fifth of global oil supplies, after the regime in Tehran effectively shut down the passage last March. The turmoil in the Middle East has contributed to a 65% increase in oil prices, according…

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Small but mighty: The tiny tech hubs driving Europe up global tech rankings

Europe may not have as many tech giants as the US, but that’s not where its strength lies. ADVERTISEMENT ADVERTISEMENT Where the old continent does really well is density, says the new Global Tech Ecosystem Index_._ Europe is home to more of the world’s highest-performing tech ecosystems relative to population size than any other region, according to research by Dealroom.co, a global intelligence platform for startups and tech ecosystems. After Cambridge, Belgium’s Ghent ranks second in Europe among cities of under half a million people. That’s due to its considerable enterprise value per capita, led by Argenx – a biotech…

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Five arrests as Portuguese police investigate alleged corruption within Socialist Party

Published on 28/05/2026 – 13:21 GMT+2 Portugal’s Judicial Police (PJ) on Thursday carried out raids targeting an alleged corruption “network” working within the Socialist Party’s (PS) local government power base. ADVERTISEMENT ADVERTISEMENT A source in the PJ confirmed the operation to Euronews and later stated in a press release that five arrests had been made and 37 individuals named as suspects. “The Judicial Police, through the National Anti-Corruption Unit, is conducting a police operation to execute 60 search warrants for residences and 32 search warrants for non-residential premises in the areas of Lisbon, Mafra, Oeiras, and Coimbra, investigating the crimes…

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EU regional funds can be used to address energy crisis, Commissioner Fitto says

The EU’s cohesion funds, the bloc’s financial instrument for reducing territorial disparities in its poorest regions, could be deployed to mitigate the impact of soaring energy prices, European Cohesion Commissioner Raffaele Fitto said in a letter to ministers on Thursday. ADVERTISEMENT ADVERTISEMENT “It is critical to ensure these readily available EU funds are fully deployed in time to benefit the regions and communities that need them most, particularly in the context of the current energy price developments,” reads the letter, seen by Euronews. Fitto’s letter comes as several EU countries, including his own Italy, have been grappling with the economic…

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EU countries insist on unity to avoid falling into Russia’s special envoy ‘trap’

For the European Union to engage in direct talks with Russia, the mandate matters more than the person, foreign ministers said as they gathered in Cyprus for an informal meeting, where the hot-button issue was top of the agenda. ADVERTISEMENT ADVERTISEMENT Disunity, they warned, would only play into Moscow’s hands and undermine Ukraine. “I find that it is a trap that Russia wants us to walk into, that we discuss who talks to them, and they are already picking who is suitable and who is not. Let’s not walk into that trap,” High Representative Kaja Kallas said on Thursday morning.…

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Putin will try to recruit any envoy sent to talks, Ukraine’s former PM says

“Please do not underestimate this war criminal. He’s not an idiot. He’s a KGB operative,” former Ukrainian Prime Minister Arseniy Yastenyuk said when asked about Russian President Vladimir Putin and a possible EU envoy at direct talks with the Kremlin. ADVERTISEMENT ADVERTISEMENT “Putin will choose someone he can recruit,” Yastenyuk said. In an interview with Euronews’ Europe Today on Wednesday, Yastenyuk shared his advice for any talks with Putin based on his own experience meeting Russia’s leader. “He always has a sense of whether you are weak or you are strong. So he makes a sniff test of each person…

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Newsletter: ‘A dangerous place’, Magyar’s moment and Europe’s mouthpiece

Hello readers. Angela Skujins writing this newsletter from a sizzling Brussels, where, as one Belgian climate policy expert pointed out, is a city that now comes equipped with a roasting roundabout that can satisfy your culinary needs. Mared Jones will be picking up a hopefully cooler pen for you on Friday. ADVERTISEMENT ADVERTISEMENT Much to offer in this newsletter today, from energy to Hungary to Europe’s envoy. Cooking with gas. The International Energy Agency (IEA) says the war in the Middle East has sparked the largest energy security crisis the world has ever faced. This comes as the European Union…

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Europe Today: International Energy Agency warns of biggest energy security crisis in modern history

Published on 28/05/2026 – 7:57 GMT+2•Updated 8:02 Also on today’s show: ADVERTISEMENT ADVERTISEMENT Interviews with Michael McGrath, European Commissioner for Democracy, Justice and Rule of Law, and Arseniy Yatsenyuk, former Prime Minister of Ukraine. Euronews’ Shona Murray reports live on NATO drills near the Russian border. Euronews’ Rafael Salido reports from Madrid on the latest developments in the corruption cases in Spain involving the PSOE government led by Pedro Sánchez. When and where to watch Europe Today? You can join Euronews’ chief anchor Méabh Mc Mahon and our EU editor Maria Tadeo live on TV and Euronews’ website and digital…

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