European Union (EU)

EU’s €50 Billion Financial Aid for Ukraine

EU leaders, including Hungary, have agreed on a deal to provide long-term financing to Ukraine at the start of their summit on 1 February. This deal ends weeks of uncertainty after Prime Minister Viktor Orbán threatened to veto the package....
Australia-European Union (EU)

Is Australia’s troubled EU trade deal salvageable?

The proposed preferential trade agreement between Australia and the European Union (EU) has been suspended after five years of negotiations. The failure is partly due to the current times, with liberal trade policy retreating and government-fueled industrial policy on the...
Europеan Union (EU)

EU’s Crisis Response Force Takes Center Stage: A Groundbreaking Test of Preparedness

The EU is conducting its first-ever live military exercises (MILEX) from the Rota naval base in Southern Spain, as part of its crisis response force. The exercise involves 2,800 personnel, 25 aircraft, 6 ships, space, cyber assets, and special operations...
European Union (EU)

The Stability and Growth Pact: Criteria, Goals, and Future

The Stability and Growth Pact (SGP) is a set of rules and guidelines established by the European Union (EU) to promote fiscal discipline and stability among its member states, particularly those using the euro as their currency. Introduced in 1997,...
EU-China

EU says Concern Over China’s Ambiguous Data Laws

Brussels The European Union (EU) has voiced its apprehension over China's vague and potentially far-reaching data laws, adding another layer of complexity to the already strained relations between the two global powerhouses. The EU's concerns are centred on the lack...
What is EU's Foreign and Security Policy outside borders?

EU lift ban on Japanese food imports

The European Union (EU) has decided to lift restrictions on Japanese food imports, which were initially imposed after the meltdown of the Fukushima Daiichi nuclear plant. The decision comes just weeks before Japan is expected to begin pumping wastewater from...