The European Comission on Thursday cut its forecast for this year’s corn crop in the drought-hit European Union by more than a million tonnes. LOOK HERE: Restaurants: about 3,000 more establishments could be installed in Miraflores in 2023 In the supply and demand data, the Commission lowered its estimate of usable maize production in the […]
Tag: European Comission
US and Allies Launch Joint Task Force to Confront Russian Oligarchs
Updated on 03/16/2022 12:28 pm The United States and its allies have launched a multilateral task force to confront Russian oligarchs, stepping up cooperation on asset freezes as the West steps up pressure on Russia over its invasion of Ukraine. Representatives from Australia, Canada, the European Commission (EC), Germany, Italy, France, Japan and the United […]
EU monitors that sanctions against Russia are not avoided and will react if it happens
The European Union (EU) will monitor “very closely” that the sanctions imposed on Russia are not avoided and “is ready to react” if it detects that these have been avoided, while continuing to “increase pressure” on Moscow with a new package of restrictive measures that it hopes to agree on Monday, according to the European […]
EU energy response threatens its climate goals
The measures proposed by the European Commission (EC) to speed up the disconnection of Russian gas and cushion the escalation of prices in the electricity market place geopolitical urgency in the first line of energy action and take priority away from the climate objectives of the European Union . The Community Executive believes it is […]
EU asks member countries to avoid measures that distort food markets
The European Commission (EC) has asked Member States to avoid “uncoordinated” measures that could disrupt agri-food markets, affected by energy and input prices and the impact of the war in Ukraine. The first meeting of the European Mechanism for Preparedness and Response to a Food Security Crisis, organized by the EC, brought together representatives of […]
Spain urges the European Commission to be able to buy Argentine corn due to a shortage in Ukraine
Spanish Agriculture Minister Luis Planas said Wednesday that he is urging the European Commission to suspend controls on imports of corn for animal consumption due to shortages in the supply of the cereal after the Russian invasion of Ukraine. Speaking before the Spanish parliament, Planas pointed out that although there are already European Commission projects […]
The EU suspends cooperation with Russia in research and other programs
The European Commission (EC) has suspended cooperation with Russia in the field of research and innovation, as well as in different cross-border programs, in response to the invasion of Ukraine, announced the Community Executive. On the one hand, Brussels has left cooperation with Russian entities in research, science and innovation up in the air and […]
EU does not rule out the possibility of stopping importing Russian gas
The economic vice president of the European Commission (EC), Valdis Dombrovskis, assured that the European Union (EU) does not exclude “any measure”, including the prohibition of importing Russian gas, among the sanctions it is approving to try to stop the invasion of Ukraine . “What I can say now regarding sanctions is that all options […]
The big European countries will benefit the most from the EU’s push for chips
the plan of the European Commission (EC) to make the bloc more lucrative for investment in semiconductor factories will likely tilt profits toward larger countries such as Germany, France and Italy, analysts say. With billions of euros of public and private investment, coupled with coverage of up to 100% of the demonstrated financing gap with […]
EU reviews contingency plans in case of gas supply interruptions due to crisis with Russia
The European Union (EU) is reviewing contingency plans in the event of gas supply disruptions, although countries’ storage and infrastructure should buffer major disruptions, the EU’s energy policy chief said. Escalating tensions between the West and Russia over Ukraine have raised concerns about Russian gas flows to Europe, prompting the European Commission and the United […]