The European Commission will allow more energy-intensive industries to receive compensation to offset the costs of meeting EU emissions rules, it said on Tuesday, as it seeks to prevent companies from relocating operations outside the bloc.

European Union leaders finally agreed on a crucial €90 billion loan to help keep Ukraine in the fight against Russia, even if the late-night deal wasn’t the one they’d originally planned.

After almost four years of war, the International Monetary Fund estimates that Ukraine will need $161 billion in 2026 and 2027. The government in Kyiv is on the verge of bankruptcy, and desperately needs the money by spring.

The European Union will introduce stricter rules for imports of plastics, the European Commission said on Tuesday, as it attempts to help European recycling plants that are struggling to compete with cheaper imports.

The European Union’s ESG framework — a shadow of its former self after a year of deep cuts — is drawing renewed threats from the US.

Belgian Prime Minister Bart De Wever said the EU’s agreement to provide Ukraine with a massive interest-free loan averted a “total disaster” and preserved Europe’s geopolitical relevance. The funding,

The tensions arise from a plan to use frozen Russian assets to fund Ukraine’s military and economic needs for the next two years. Most of that money is blocked at Euroclear, a Brussels-based financial clearinghouse. Belgium fears that Russia will strike back; in the courts or perhaps by other means.

Belgium insists on ironclad guarantees from its EU partners to protect against Russian retaliation before backing a massive loan for Ukraine

Many are pressing for tens of billions of euros in frozen Russian assets to be used to meet the economic and military needs of Ukraine, which is on the verge of bankruptcy.