Page-2 of EU Current Affairs, GK & News

EU Seals Deal on 750 billion Euro Recovery Fund

The leaders of the European Union have recently reached a deal on a massive stimulus plan for the coronavirus-affected economies within the bloc. The decision could be finalized after four days of intense debate and discussion in a meeting attended by all the major leaders of the European Union. The deal is an attempt to ..

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Danube-Oder-Elbe Canal

Environmental organisations from Central and Eastern Europe wrote to the European Union calling for the halting of the Danube Oder Elbe Canal project. About the Project The Danube Oder Elbe canal is an artificial waterway project that seeks to connect the Rivers Danube, Oder and Elbe and provide a navigable link between the Black Sea ..

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European Investment Bank to stop Fossil Fuel Funding by 2021

The European Investment Bank is to stop funding oil and coal projects at the end of 2021. Since 2013, the European Union through the bank has funded 13.4 billion Euros for fossil fuel projects. In 2018, it was around 2 billion Euros. The Union has been reducing its funding to fossil fuel projects and is ..

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US widens trade war with European states; Indian Sensex dips 200 points

The US imposed tariffs on 7.5 billion USD worth European exports. The WTO had earlier ruled that US could target goods from EU nations as they had failed to comply ruling regarding subsidies for Airbus. The US had imposed tariff on 25 billion USD worth goods of European items. They were mainly on Airbus production ..

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Russia extends ban on EU Food Imports until end of 2020

Russian President Vladimir Putin recently signed a decree for extending Moscow’s embargo on food products being imported from the European Union (EU) to the end of 2020. This decision was in continuation of Russia’s s retaliation against sanctions over Ukraine. Key Highlights A decree signed by President Vladimir Putin posted on Moscow’s official government website, ..

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