ECB extends liquidity lines with non-euro area central banks until 15 January 2024.

The Governing Council today decided to raise the three key ECB interest rates by 50 basis points and, based on the substantial upward revision to the inflation outlook, expects to raise them further. In particular, the Governing Council judges that interest rates will still have to rise significantly at a steady pace to reach levels […]

Today, the EU’s work on its ‘digital DNA’ – the European Declaration on Digital Rights and Principles – has culminated: In the margins of the European Council, Commission President Ursula von der Leyen signed the text together with the President of the European Parliament Roberta Metsola, and Czech Prime Minister Petr Fiala for the rotating Council presidency.

Euro area pension fund statistics: third quarter of 2022.

EU Member States recognise the importance of adapting to impacts of heatwaves, droughts, floods, heavy precipitation and changing temperatures and of mainstreaming climate change adaptation to a wide range of affected areas like agriculture, or water and disaster risk management. These are key findings of a European Environment Agency (EEA) report published today which assesses […]

Hungary has opened a new consulate in Brussels, which is important also because the greater the uncertainty in the world, the more important it is for the state to provide security for Hungarians at home and abroad, Foreign Minister Péter Szijjártó said in Brussels on Monday.

In the week ending 9 December 2022 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 0.2 billion to EUR 367.5 billion.

Plastics are used across Europe in everything from construction materials to consumer products. Recent policy actions on plastic packaging at EU and national level have established collection schemes and introduced waste prevention measures. However, according to a European Environment Agency (EEA) briefing, published today, a significant fraction of Europe’s total plastic consumption is outside this […]

Calls to reform lobbying rules for European Union institutions are growing as Brussels reels from a corruption scandal involving the European Parliament.

As snow fell heavily around the London area, Stansted Airport was forced to cancel ALL flights due to the wintry conditions. A spokesperson for Gatwick said that delays and cancellations were necessary for health and safety reasons, and to make time to de-ice aircrafts.