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The Latest Breaking News from Valdis Dombrovskis

EU eyes cheap loan plan for 'stable' Ukraine funding in 2023

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

The Independent UK

European Union Demands Level Playing Field For Its EVs In The US

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.

InsideEVs

European Union to integrate aid for Ukraine into 2023 budget

European Union finance ministers agreed on Tuesday to integrate the EU's support payments to Ukraine into its 2023 budget to make disbursements more structured and predictable, European Commission Vice President Valdis Dombrovskis said.

Reuters

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India and European Union discuss Free Trade Agreement, price cap on Russian oil

Commerce and Industry Minister Piyush Goyal met Executive Vice-President of the European Commission Valdis Dombrovskis in Bali.

The Hindu

EU hopes for trade pact with Indonesia within two years

Jakarta (AFP) - The European Union hopes to strike a free-trade agreement with Indonesia within two years despite disputes with Southeast Asia's largest economy over palm oil and nickel, the bloc's trade commissioner said Tuesday.

AFP

EU: US electric vehicle tax credit reduces buyers' choices

The European Union trade chief says a new U.S. tax credit aimed at encouraging Americans to buy electric vehicles could eventually backfire and limit choices for American consumers

The Independent UK

China, EU to talk trade amid tensions over Ukraine, Xinjiang

Dialogue comes after tense EU-China summit in April ended without a joint statement.

Al Jazeera

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EU, China to hold trade dialogue amid simmering tensions

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.

Reuters

'Amazing journey': EU accepts Croatia as 20th eurozone member

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.

Reuters

Russia Warns NATO-Member Lithuania over Kaliningrad Transit

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…

Asharq Al-Awsat

India, European Union resume talks for free trade agreement after over eight years

“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

The Hindu

No monologues allowed and dancing to 'I Will Survive': how the WTO's 'Geneva Package' was won

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.

Reuters

Algeria’s Suspension of Trade with Spain Could Violate EU Trade Law, Top EU Officials

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,”…

Asharq Al-Awsat

EU Warns it May Act to Defend Spain in Dispute with Algeria

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…

Asharq Al-Awsat

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AFP

EU says Croatia ready to adopt euro in 2023

Brussels (AFP) - The European Commission said Wednesday that Croatia had met all the criteria to join the eurozone, paving the way for the country to become the single currency's 20th member on January 1.

Reuters

EU Commission preparing more sanctions against Russia to raise pressure

The European Commission is preparing the next package of sanctions against Russia because the EU needs to increase pressure on Moscow to stop its invasion of Ukraine, Commission Executive Vice President Valdis Dombrovskis said on Monday.

Al Jazeera

Ukraine latest updates: NATO will ‘respond’ to chemical weapons

Ukraine-Russia news from March 24: US President Joe Biden warns Russia against using chemical weapons in Ukraine.

Reuters

Allies join G7's WTO stance towards Russia - EU trade chief

Nine other countries have joined the G7 nations in stripping Moscow of its privileged trade treatment following Russia's invasion of Ukraine, EU trade chief Valdis Dombrovskis said on Tuesday.

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Reuters

EU plans summit with China on April 1 to address tensions

The European Union will hold a summit with China on April 1 in an attempt to diffuse growing tensions between the two, European Commission Vice-President and EU trade chief Valdis Dombrovskis said on Monday.

Reuters

EU ready to impose export controls if Russia enters more Ukrainian territory -Dombrovskis

The European Union will be ready to launch a second package of sanctions against Russia, including export controls, if Russian troops move beyond the Ukrainian regions held by Russian-backed separatists, European Commission Executive Vice President Valdis Dombrovskis told Reuters on Wednesday.

The Independent UK

Staff shortages, supply backups batter EU economic growth

The European Union is seeing its economic emergence from the unprecedented COVID-19 slowdown hampered by coronavirus-induced staff shortages, supply bottlenecks, runaway energy prices and subsequent inflation surges

The Independent UK

EU launches WTO action against China over Lithuania dispute

The European Union says it's launched action against China at world trade’s governing body for discriminatory practices against Lithuania

Reuters

There can a diplomatic solution with China over Lithuania - Dombrovskis

The European Union and China can find a diplomatic solution over their spat on Lithuania, European Commission Vice President Valdis Dombrovskis said on Thursday, speaking shortly after EU authorities challenged China's practices regarding Lithuania at the World Trade Organization (WTO)

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