EU Chief Calls for ‘Level Playing Field’ with China

EU seeks level playing field with China

Ursula von der Leyen, President of the European Commission, stated on Monday that while the EU aims to avoid economic dependence on China, it does not seek to fully “decouple” its economy from Beijing. During her visit to U.S. President Joe Biden last week, von der Leyen emphasized that the European Union wants a fair […]

EU Reaches Agreement to Cut Energy Use by 11.7% by 2030

Switzerland Credit Suisse rescue impacts global finance

The European Union has agreed to reduce final energy consumption across member states by 11.7% by 2030, aiming to combat climate change and reduce reliance on Russian fossil fuels. The deal was reached after an all-night negotiation session between EU country representatives and the European Parliament. Achieving this target will require countries to renovate millions […]