Lithuania

Frankfurt beats Vilnius, other cities to host EU anti-money laundering agency

February 23, 2024

The European Union’s new Anti-Money Laundering Authority (AMLA) will be based in Frankfurt, which beat off competition from eight other contenders including Vilnius. According to BNS sources in EU bodies, [..]

Europe

EU residents held €9 382 billion in stocks abroad in 2022 – USA absorbed 28%, UK – 18%, Switzerland – 10%

December 20, 2023

Net foreign direct investment (FDI) stocks held in the rest of the world by investors resident in the EU amounted to €9 382 billion (bn) in 2022, reflecting a 1.4% [..]

Europe

Anti-coercion instrument: the EU’s new weapon to protect trade

September 26, 2023

The anti-coercion instrument will be the EU’s new tool to fight economic threats and unfair trade restrictions by non-EU countries. Why does the EU need a new tool to tackle [..]

Europe

Creating a more stable, affordable and sustainable electricity market in EU

September 19, 2023

Parliament today gave the green light to start negotiations with Council to reform the EU’s electricity market. The decision to open talks with member states, as proposed by the Industry, [..]

Europe

70% of jet fuels at EU airports will have to be green by 2050

September 13, 2023

MEPs approved a new law to increase the uptake of sustainable fuels, such as advanced biofuels or hydrogen, in the aviation sector. The RefuelEU aviation rules are part of the [..]

Europe

Lukashenko’s arrest warrant should also be issued for illegal detention of Ukrainian children in forced labor camps – Kalniete

September 13, 2023

An arrest warrant should also be issued for Belarusian authoritarian leader Alexander Lukashenko for illegally detaining Ukrainian children in forced labor camps, says European Parliament Member (MEP) Sandra Kalniete (New [..]