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Category: Global Economy
EU Commissioner for Democracy, Justice, Rule of Law and Consumer Protection Michael McGrath has been left shocked by the toxicity and danger of some products sold by Shein and Temu amid tough measures against popular Chinese retail platforms – Logos Press reports.
Mass protests were held in major Ukrainian cities on July 22 demanding that the country’s president, Volodymyr Zelensky, veto a scandalous law that effectively subordinates independent anti-corruption agencies to the country’s prosecutor general, Logos Press reported.
The United States has again announced its withdrawal from UNESCO because of the organization’s “anti-American vector” – Logos Press reports.
Vilnius supports Chisinau’s course on European integration: the main focus is on economy, energy security and defense, Logos Press reports.
Two EU countries – Hungary and Slovakia – intend to build a new oil pipeline to supply Russian oil, contrary to the desire of the EU authorities to completely abandon energy from Russia, – reports Logos Press.
China has expressed strong displeasure over the inclusion of Chinese enterprises and banks in the EU’s 18th package of sanctions against Russia,” Logos Press reported, citing RBC.
The European Commission is setting aside 300 billion euros to support farmers in the next long-term budget for 2028-2034, but it has been accused of cutting funding for the EU’s common agricultural policy, Logos press reports.
Ukrainian state-owned operator Naftogaz has sent a payment request to Russia’s Gazprom to recover $1.37 billion under a Swiss arbitration court ruling, Logos Press reported.
The European Commission is proposing a progressive tax for large companies in order to fill the EU budget for 2028-2034,” Logos Press reports.
In six months’ time, a new digital entry/exit management system at EU borders (EES) will be launched to better control migration flows, Logos Press reports.
EU foreign ministers agreed on the 18th package of sanctions against Russia, with the main targets being the energy and financial sectors of the Russian economy, – Logos Press reports.
An EU-China summit marking 50 years of diplomatic ties has been postponed to Beijing after Chinese leader Xi Qinping declined an invitation to come to Brussels,” Logos Press reported, citing DW.
Part of the shareholders of the JSC “Constanta Seaport Administration” opposed the acquisition of the International Free Port of Giurgiulesti, – reports Logos Press.
Funds common to all EU countries are opening their doors to Moldova, starting with projects to create jobs and support vulnerable groups,” Logos Press reports.
On July 16, the European Commission will present the Multiannual Financial Plan (MFP) for the period from 2028 to 2034, the preparation of which was carried out almost in “secret mode”, – reports Logos Press.
Within the framework of Moldova’s accession to the European Union, the participants in the meeting discussed the implementation of the European legislation in the energy sector, Logos Press reported citing the Ministry of Energy.
The US investment funds Argentem Creek Partners and Innovatus Capital Partners have gained control over the Ukrainian grain terminal Olympex in the port of Odessa, Logos Press has reported.
All EU countries have tentatively approved a new package of restrictions against Russia, including Slovakia, Logos Press reported citing Reuters.
In 2024, telephone and internet traffic in roaming between Moldova and Romania increased significantly. Especially the use of Internet in roaming increased – up to 1 million GB per year,” Logos Press reported.
The EU is urgently looking for ways to cover Ukraine’s budget deficit of up to $19 billion in 2026, Logos Press reports.
