The EU Climate Plan to Hurt Europe’s Heavy Industry

The European Commission has presented the EU Green Deal environmental plan, which aims to reduce emissions by 55%. First, a cross-border carbon duty (Carbon Border Adjustment Mechanism (CBAM)) will be...

EU Extends Economic Sanctions on Russia

The European Union (EU) has extended economic sanctions on Russia for six months until January 31, 2022, according to a statement posted on the organization's website. "The decision of the...

Demand for Russian Gas Grows in Europe

Europe has spent many years reducing its dependence on Russian gas. However, with the expected cold next winter, it will need more fuel than usual. Natural gas supplies in Europe...

2016 Regional Competitiveness Index

The European Commission published the 2016 edition of its Regional Competitiveness Index. The index, prepared for the third time in history, presents detailed information on the development of all regions...