To cut off Russian gas, EU burns billions on LNG
19 December 2022 | 5:20 am
The European Union is investing billions in infrastructure in its effort to replace Russian fuels with liquefied natural gas. This could prove to be a dead end — both for taxpayers and for the climate.
EU interior ministers address Italy-France migration spat and discuss more coordination in migration management
After months of buildup, the European Commission has backed withholding billions of EU funds from Hungary. Despite recent reforms, Budapest must do more to address risks to core democratic standards, EU officials say.
President Vladimir Putin condemns moves by G7 nations to impose a cap on the price of Russian oil and EU states looking to introduce a price cap on Russian gas. At an economic forum in Vladivostok he said that sanctions against his country 'threaten the whole world.'
The European Commission has laid out options to get frozen Russian assets, be they central bank reserves overseas or seized yachts, to make money for war-ravaged Ukraine. But the path forward remains unclear.
The EU has stopped buying Russian seaborne crude oil as it seeks to deprive Moscow of a key revenue source fueling its war in Ukraine. The move will hurt Russia but not as much as the bloc would have liked.
Massive US subsidies for American companies have sparked concerns in Europe, as the EU views them as anti-competitive. While their talks reached no breakthrough, the two sides said they would intensify discussions.
Judges have ruled that Germany should be able to take part in the EU's €750-billion COVID-19 reconstruction fund. The court rejected two complaints that participation hands too much power from Berlin to Brussels.
More than 100,000 people have entered the European Union via the western Balkans without documentation this year. The Obrenovac camp near Serbia's capital, Belgrade, has become a transit point for migrants from around the world, some of whom have spent years on the road.
The European Commission wants to ensure that the rights of LGBTQ parents are recognized in all EU countries. But conservative EU member states are expected to push back.
Recent discussions in Europe about a gas price cap are said to have been tough, heated and even ugly. The European Commission has put a proposal on the table, but EU member states are finding it difficult to reach a compromise among themselves – despite giving their political support to a gas price cap in late October.
For years, Brussels has been at loggerheads with the Hungarian government over a host of issues – migrants, the rights of minorities, media freedoms, the independence of the justice system and, most recently, over Russia and Ukraine. Long-standing tensions are coming to a head as Hungary delays a proposed EU aid package to Ukraine, while the EU holds up billions of euros in funding to Hungary over rule-of-law concerns.
European leaders have promised aid to Ukraine "for as long as it takes." But the amount of aid promised has not been what has actually arrived in Ukraine. DW's Nick Connolly takes a look at what kind of support has been pledged so far.
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