Brussels, June 10 (IANS) As Prime Minister Narendra Modi on Wednesday became India’s longest-serving elected Prime Minister, leaders from all around the world continue to congratulate him on the milestone and praised his leadership and public service. European Commission President Ursula von der Leyen congratulated PM Modi on becoming India’s longest-serving elected Prime Minister and stated that India under his leadership has landed on the moon and is shooting for the stars. She also thanked PM…
Latest European Commission News & Updates
Washington, June 9, (IANS) The United States on Tuesday urged countries around the world to step up efforts to contain the Ebola outbreak in the Democratic Republic of the Congo (DRC) and Uganda, saying Washington has already mobilised extensive resources and that broader international action is needed to prevent further spread of the virus.Secretary of State Marco Rubio discussed US-European coordination on the outbreak during a call with European Commission President Ursula von der Leyen, acco…
Brussels, June 9 (IANS) The European Commission has proposed the 21st package of sanctions against Russia, targeting key sectors including energy, financial services and crypto, trade and, for the first time, fisheries, European Commission President Ursula von der Leyen said Tuesday.According to a statement released by the Commission, the proposed measures include suspending the automatic adjustment mechanism of the oil price cap until next January, which would allow oil markets to stabilise whi…
Beijing, May 31 (IANS) China’s manufacturing activity slowed further in May as new export orders contracted and input costs kept rising, according to a survey by the country’s National Bureau of Statistics (NBS) released on Sunday. The official manufacturing purchasing managers’ index (PMI) dropped to a three-month low of 50 from 50.3 in April, with the 50-point mark separating growth from contraction, the data showed.While the supply rose during the period, the demand weakened further, with the…
Brussels, May 29 (IANS) Hungarian Prime Minister Peter Magyar announced on Friday that Hungary had reached a political agreement with the European Union on the release of 16.4 billion euros (19.1 billion US dollars) in previously frozen European Union (EU) funds. The agreement was reached following talks with European Commission President Ursula von der Leyen in Brussels and would unlock approximately 6,000 billion forints in EU resources, equivalent to about 13 percent of Hungary’s gross domest…
Warsaw, May 28 (IANS) Poland plans to sign agreements with the European Union (EU) by the end of May to finance military equipment purchases worth 100 billion Polish zlotys (about 27.49 billion US dollars), Prime Minister Donald Tusk said Thursday.At a signing ceremony at the Cyber Defence Forces Component Command in Legionowo, near Warsaw, Tusk said that by the end of May, 100 billion Polish zlotys would be allocated under approximately 40 agreements. More than 10,000 Polish companies are set t…
New Delhi, May 26 (IANS) Major EU member countries are working towards taking stronger measures to prevent their economies from being hit by the flood of cheap goods from countries with “industrial overcapacity” such as China, according to a media report. “A paper signed by Spain, Italy, the Netherlands, France, and Lithuania, days before a major China-focused debate in Brussels, said the bloc must respond more aggressively to ‘systemic and structural industrial overcapacity’ – phrases often…
Brussels, May 22(IANS) The Council of the European Union (EU) announced on Friday a one-year suspension of customs duties on key nitrogen-based fertilisers such as urea and ammonia, aiming to alleviate the impact of the Iran war on EU farmers.The nearly complete closure of the Strait of Hormuz has disrupted about one-third of global fertiliser trade, driving up prices sharply. In April, the Food and Agriculture Organisation of the United Nations warned that a prolonged blockade could trigger an …
New Delhi, May 21 (IANS) Prime Minister Narendra Modi returned to New Delhi on Thursday morning after concluding a high-profile five-nation diplomatic tour that covered the United Arab Emirates (UAE), the Netherlands, Sweden, Norway, and Italy. The Prime Minister began his overseas visit on May 15 from the UAE and completed the final leg in Italy on May 20, marking a closely watched diplomatic outreach aimed at strengthening India’s global partnerships.The tour was strategically focused on sec…
New Delhi, May 18 (IANS) Prime Minister Narendra Modi has said that India emerged as one of the world’s most attractive destinations for investment, innovation and manufacturing, while inviting European companies to deepen engagement with the country as a trusted and reliable economic partner, according to an official statement issued on Monday.Addressing the European Round Table for Industry (ERT) in Gothenburg, PM Modi highlighted the growing strategic convergence between India and Europe an…