Egypt secures $1 billion World Bank reform support
Egypt gains new World Bank funding to boost private sector jobs, strengthen fiscal stability and support greener growth goals nationwide....
Tag : European Commission
EU softens 2035 ban on combustion engine vehicles
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers...
Small Austria-Slovakia crossings closed over disease fears
Austria shuts minor Slovakia crossings to block spread of foot-and-mouth disease, protecting its livestock industry from cross-border threats....
Digital Markets Act enforcement pushes Google and Apple to react
The EU’s Digital Markets Act targets Google and Apple for alleged anti-competitive practices, sparking legal and geopolitical tensions....
European Commission and World Bank Group expand energy access in Africa
Africa’s energy future gets a boost as the European Commission and World Bank collaborate to expand electricity access for millions....
European Commission proposes to extend gas storage obligations
European Commission proposes to extend gas storage obligations until 2027, ensuring energy security and market stability....
European Commission unveils plan to streamline sustainability rules
The European Commission moves to cut red tape, easing business regulations and aiming to reduce administrative burdens by 25% while maintaining EU climate and sustainability...
European Commission sues Austria and six states over NPL Directive
The European Commission has sued Austria and six other EU nations for failing to implement the Non-Performing Loans Directive, pushing for financial sanctions....
EU considers countermeasures if US imposes new trade tariffs
The EU considers retaliatory action if the US enforces tariffs on steel and aluminum, stating such measures are unjustified and urging Washington to provide official...
France’s 2026 public deficit to exceed forecast but stay below 5%
France revises its 2026 public deficit estimate, exceeding earlier forecasts but staying under 5%. The adjustment comes amid efforts to stabilize finances and meet EU...