EU, UK hit Russia with new sanctions
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German Chancellor Friedrich Merz on Friday cast doubt on the possibility of Ukraine joining the European Union by 2034, saying accession was unlikely to come at a point affecting the bloc's medium-term finance plans,
Context: The European Commission on Tuesday unveiled its plans for the bloc’s 2028-2034 budget, including a so-called Global Europe fund worth €200bn. It would merge different funding strands for countries outside the EU, including humanitarian aid and development finance, as well as money to support countries who are candidates to join the bloc.
The European Union has warned that its trade with the United States could be effectively wiped out if Washington makes good on its threat to slap a 30% tariff on goods imported from the bloc.
BRUSSELS/PARIS (Reuters) -French media group Vivendi on Friday rejected charges by EU antitrust authorities that it possibly breached merger rules by closing the acquisition of French publisher Lagardere before receiving the green light for the deal.
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European Union member states approved the launch of negotiations with six Gulf countries as the bloc seeks to broaden its international partnerships amid tariff threats from President Donald Trump.
European Commission President Ursula von der Leyen has unveiled a proposal for a long-term EU budget that she says will total $2.3 trillion.
The AI Act applies to AI models that the commission deems to carry systemic risks that could significantly affect "public health, safety, fundamental rights, or society," reports Reuters. It also includes the most well-known "foundational models" from companies like Meta, OpenAI, Google, and Anthropic.
Meta Platforms’ Chief Global Affairs Officer said the Facebook and Instagram owner wouldn’t sign the European Union’s code of practice for general-purpose artificial intelligence because it adds uncertainty and goes beyond the scope of AI legislation in the bloc.