The European Commission is reportedly planning to open a “full-scale” investigation into UMG’s proposed acquisition of

EU trade chief Maros Sefcovic will head to Washington on Wednesday for tariff talks, an EU spokesperson told Reuters, adding that he will meet U.S. Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer.

The European Commission is set to propose merging Common Agricultural Policy funding with other funds, in a radical overhaul of how farmers receive financial supports from the European Union budget.

A technical team from the European Commission – which leads on trade for the 27-country bloc – had already travelled to Washington this week for more talks with US officials.

The European Commission has told Italy that imposing certain conditions on UniCredit's planned bid for Banco BPM could breach EU law, it said in a statement on Monday. In a letter sent to Rome setting out its preliminary view,

Two sources have confirmed that the trade agreement clinched in December 2024 by the EU and the Mercosur countries - Argentina, Brazil, Paraguay, and Uruguay – is now ready for ratification but that its transfer to the member states in the Council has been suspended.

Famine looms in Gaza and strikes kill at least 30 Palestinians, but EU states remain divided over how to tackle Israel.

Details of the deal remain unclear, but EU officials have rejected any cooperation with the Israeli-backed Gaza Humanitarian Fund over ethical and safety concerns. Opening more border crossings and allowing more aid trucks into Gaza is the priority, but officials say eventually they’d like to set up a monitoring station at Kerem Shalom crossing.

The European Commission will kickstart two years of tense negotiations when it unveils its proposal Wednesday for the EU's long-term budget including funding reforms that risk renewed confrontation with farmers.

Uncoordinated price cuts across the EU are contributing to medicine shortages and driving manufacturers towards more profitable markets.

The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude in the previous three months, EU diplomats said.