The Latest Breaking News from Valdis Dombrovskis

The European Union is planning to provide Ukraine with around 18 billion euros in financial aid next year to help the war-ravaged country keep its energy and health care facilities running, and to fund salaries and pension schemes

Asked if EU EVs could get similar subsidies as US EVs in USA, US Trade Representative Katherine Tai said she expected the sides would reach an agreement.

The European Union and China will hold a high-level economic and trade dialogue on Tuesday amidst tensions over a number of issues including the war in Ukraine, Xinjiang and an as yet unratified investment agreement.

European Union finance ministers on Tuesday formally approved Croatia becoming the 20th member of the euro common currency at the start of 2023, a move hailed as the culmination of an "amazing journey" for a Balkan nation once at war.

Russia warned NATO member Lithuania on Monday that unless the transit of goods to Russia's Kaliningrad exclave on the Baltic Sea was swiftly restored then Moscow would take undisclosed measures to defend its national interests. With east-west relations at a half-century low over Russia's Feb. 24 invasion of Ukraine, Vilnius…

“Today we formally resume EU-India negotiations towards a free trade agreement, and begin negotiations on an investment protection agreement and an agreement on geographical indications,” EU trade commissioner Valdis Dombrovskis said

Since Ngozi Okonjo-Iweala took over as head of the World Trade Organization last year, one of her main bugbears has been the negotiating style of member countries, which she says is ineffective, inflexible and needs to change.

Algeria’s decision to block trade with Spain following a diplomatic row over Western Sahara could be a violation of European Union trade law, two senior EU officials said on Friday. “The European Union is ready to stand up against any type of coercive measures applied against an EU Member State,”…

Top European Union officials said Friday the bloc was treating the crisis between Algeria and Spain with the "utmost concern" and warned it was prepared to take action to defend the interests of its members. In a joint statement, European Commission executive vice president Valdis Dombrovskis and EU foreign affairs…