The President of the European Commission (EC) Ursula von der Leyen wants to reach an agreement on new aid for Ukraine as quickly as possible. This is what she said on Friday, as quoted by Politico. The question for the package of 50 billion euros for Ukraine was commented on the occasion of the start … Read more
The European Commission will investigate Bulgaria after it emerged that Russian oil company Lukoil took advantage of a loophole in EU sanctions to raise 1 billion euros for the Kremlin’s military needs, POLITICO reported. Taking advantage of an exemption from the EU ban on Russian oil agreed last year, Bulgaria allowed millions of barrels of … Read more
For months, Europe has been trying to compete with cheap Chinese electric cars and so far the battle has been unsuccessful. And as the EU looks for a way to counter Asian EVs that are undercutting the European car market, Stellantis is making a pretty aggressive move, Bloomberg reports. The Citroën brand, which is part … Read more