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The Latest Breaking News from European Union

UK to rejoin EU student exchange scheme in 2027 as part of Starmer’s Brexit reset

EU relations minister Nick Thomas-Symonds said it was a ‘huge win for our young people’

The Independent UK

UK to rejoin EU’s Erasmus student exchange programme

Exclusive: British students will be able to participate in EU-wide scheme from January 2027, sources say

The Guardian - UK

Cocoa Prices Jump on Signs of a Smaller Global Cocoa Surplus

March ICE NY cocoa (CCH26 ) on Tuesday closed up +122 (+2.08%), and March ICE London cocoa #7 (CAH26 ) closed up +128 (+3.02%). Cocoa prices rallied sharply on Tuesday amid signs of a smaller global cocoa surplus. Short covering emerged in cocoa futures on Tuesday, pushing prices higher, after...

Barchart

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EU moves to ease 2035 ban on internal combustion cars as auto industry faces headwinds

The European Union is moving to dial back its total ban on cars with gas or diesel engines by 2035

The Independent UK

EU to regulate short-term rentals in plan to tackle affordable homes shortage

Soaring rents and housing costs have priced out young people, key workers and families from many European cities

The Guardian - UK

Nissan puts spark into an electric future for cars

CAR REVIEW: Electric cars will be coming to Nissan’s large Sunderland-based plant, as the third-generation Nissan Leaf will be built in significant numbers for the European market

The Independent UK

The EU Is Officially Dropping Its 2035 Combustion Engine Ban

Under the European Union’s (EU) proposed plan, new combustion engines would have effectively been banned after 2035. But with EV enthusiasm cooling and more automakers reinvesting in combustion technology, the EU has officially decided to loosen its restrictions.

Motor1

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Government urged to go further than Windsor Framework review recommendations

Unionists have argued the review led by Lord Murphy failed to address ‘fundamental problems’ with the framework.

Evening Standard

EU to revise state aid rules to address bloc-wide housing crisis

The European Commission has presented a plan to address the housing crisis in Europe, which includes relaxing rules on economic intervention by governments.

Euronews

Cocoa Prices Rebound as Citigroup Cuts it Global Cocoa Surplus Estimate

March ICE NY cocoa (CCH26 ) today is up +128 (+2.18%), and March ICE London cocoa #7 (CAH26 ) is up +130 (+3.07%). Cocoa prices are sharply higher today on signs of a smaller global cocoa surplus. Short covering emerged in cocoa futures today to push prices higher after Citigroup...

Barchart

Key details of the latest Ukraine peace deal – and the main hurdles Russia keeps putting in the way

Donald Trump says talks on security guarantees for Ukraine ‘close to 95 per cent’ complete

The Independent UK

Do Europeans support using frozen Russian money to back Ukraine?

Despite funding challenges, most of the six European countries still support aiding Ukraine as Russia's invasion continues, with only Italy showing consistently sharp division.

Euronews

EU carmakers to comply with 90% emissions reduction by 2035 as full combustion engine ban scrapped

The remaining 10% of emissions will need to be compensated for by using low-carbon steel 'Made in the EU' or sustainable fuels. The EU executive revoked the 2035 ban on the sale of new cars and vans powered by diesel or petrol after pressure from some EU countries and the…

Euronews

How Europe could use billions in frozen Russian assets to fund Ukraine’s war effort – and why it’s so risky

Most people outside of banking won’t have heard of Euroclear. It’s a Brussels-based settlement provider that enables the transfer of ownership of securities between seller and buyer. The firm is the focal point of a major geopolitical confrontation between Russia and the European Union.

The Conversation

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The Independent UK

Zelensky says new ‘Trump peace plan’ will be ready in days – but Moscow is already pushing back

Zelensky left Germany armed with Nato-style security guarantees – but was still unclear on territory

The Guardian - UK

Green groups decry EU ‘betrayal’ after vote to reduce oversight of firms

Social and environmental reporting to be required of fewer companies after EPP aligns with far right to achieve goals

Euronews

'We're all Draghians': EU's Albuquerque calls to seize momentum for capital markets union

The EU's financial services chief Maria Luís Albuquerque calls on lawmakers to seize what she described as a "moment of urgency" to finalise tools to create a true European capital markets union. Albuquerque says its completion could unlock trillions and boost the European economy.

Euronews

Eastern Flank Watch defence project must be prioritised for EU funding, frontline leaders say

The Eastern Flank Watch is one of four flagship projects pitched by the European Commission to boost Europe's defence, but EU leaders have yet to endorse the proposal, which is currently light on details.

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Euronews

Greece pays EU creditors ahead of schedule to boost market confidence

Greece’s early repayment of its first bailout loans underscores an important turnaround, cutting future interest costs and accelerating debt reduction as the country seeks to strengthen market confidence.

The Guardian - UK

EU plans to water down ban on new petrol and diesel cars

Commission proposes cutting obligation for 100% zero emission vehicles beyond 2035 to 90% after pressure from industry and some EU states

The Independent UK

EU likely to delay free-trade deal with South America as French farmers block roads

French farmers are driving opposition to a massive trade deal between the Mercosur bloc and the European Union

Euronews

EU's eastern flank states gather for summit in Finland to discuss security and defence

The northern and eastern EU countries will meet in the Finnish capital to discuss how to boost their security and defence. The future of Russia's frozen assets and Ukraine's peace plan are also on the agenda.

Euronews

MEPs and EU states headed for clash over farmer safeguards in Mercosur deal

The European Parliament has confirmed a contentious "reciprocity clause" that could derail the EU-Mercosur trade deal, and member states are expected to push back on it in upcoming negotiations.

Euronews

Is the EU using the digital euro to take control of your wallet?

Numerous rumours about the digital euro have been circulating on social media for months. According to some users, the currency will be used to monitor financial transactions or could even threaten individual freedoms. The Cube has debunked some of these claims.

Evening Standard

Civil Service workforce jumps 3,000 to highest level for nearly 20 years

Headcount is nearly a third higher than it was at the time of the EU referendum in June 2016.

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