Tag: EU

EU Recommends Merck COVID-19 Pill for Adults at Risk of Severe Illness

The European Union’s drug regulator on Friday advised that an experimental COVID-19 pill from Merck should be given within five days of first symptoms to treat adults who do not need oxygen support and are at risk of their disease worsening. The European Medicines Agency (EMA) said the pill, developed along with Ridgeback Biotherapeutics, should…


EU Says Chips Policy Aim Is to Ensure Resilient Supply Chain

BRUSSELS—The European Union’s policy on state aid for the production of semiconductors will seek to avoid a subsidy race, and companies must aim for diversification to ensure a robust supply chain across the bloc, the European Commission said on Thursday. “Each case for the supply of semiconductors will be rigorously assessed based on their respective…


Lukshenko Hybrid-Warfare On Polish and Baltic Borders Tests EU Resolve: Expert

Pressure is mounting on the European Union (EU) to deal with the alleged weaponisation of migrants by Belarus President Alexander Lukashenko. Lukashenko and his regime ordered thousands of migrants from the Middle East to be shipped to the EU borders in Poland, Lithuania and Latvia, threatening the cohesion and solidarity between the EU and its…


Johnson Says Would Use Article 16 Appropriately, If Needed

LONDON—British Prime Minister Boris Johnson said he would rather find a negotiated settlement to post-Brexit trade problems in Northern Ireland but if the government does escalate its dispute with Brussels it will do so in an appropriate way. Relations between Brussels and London have soured in recent weeks after Britain, unhappy with the deal it…


Johnson Says Choice Looms Between Russian Hydrocarbons, Backing Ukraine

LONDON—British Prime Minister Boris Johnson said on Monday there is a choice coming soon on whether to mainline more Russian hydrocarbons or to back Ukraine, peace and stability, amid rising tensions between Moscow and the West. France and Germany on Monday warned Russia against harming Ukraine’s territorial integrity amid a large and unusual concentration of…


US, EU Must Avoid Subsidy Race Amid Chip Shortage: EU’s Vestager

The United States and the European Union must avoid a subsidy race as they rush to support semiconductor production amid a global chip shortage, EU Competition Commissioner Margrethe Vestager said on Friday. “We really need to avoid a subsidy race, a race that leaves everyone poorer off,” Vestager said in a speech at the University…


Google Loses Challenge Against EU Antitrust Ruling, $2.8-Billion Fine

LUXEMBOURG—Alphabet unit Google lost an appeal to a 2.42-billion-euro ($2.8-billion) European antitrust decision on Wednesday, a major win for the bloc’s competition chief Margrethe Vestager in the first of three court rulings that will strengthen the EU’s push to regulate Big Tech. Vestager sanctioned the world’s most popular Internet search engine in 2017 for favoring…


EU Ministers to Discuss Inflation Surge, EU Budget Rule Reform

BRUSSELS—European Union finance ministers will on Monday discuss a surge in consumer prices, its impact on wages, and changes they would like made to the bloc’s budget rules to support investment and reduce debt. Inflation rose 4.1 percent year-on-year last month in the 19 countries sharing the euro, up from 3.4 percent in September. Ministers…


UK’s Post-Brexit Border Measures ‘Not Sustainable’: Report

The British government has been “largely successful” in its handling of post-Brexit border issues with the EU, but it has relied on temporary measures that are “not sustainable,” the UK’s National Audit Office (NAO) said in its latest report. The much-feared long queues at the UK-EU border did not materialise at the end of the…


EU Set to Produce Over 3.5 Billion COVID-19 Vaccine Doses in 2022: Chief Executive

BRUSSELS—The European Union will produce more than 3.5 billion doses of COVID-19 vaccines next year, the head of the bloc’s executive, European Commission President Ursula von der Leyen, said on Thursday. She added that the majority of these vaccines will be shipped abroad.