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INSANE: 2 | Vintage Vibes

Newsletter: Push for sanctions on Russia goes to the wire

Good morning, readers. This is Mared Gwyn. In this Tuesday morning newsletter: the final push to get fresh sanctions on Russia over the line, exclusive lines from an interview with the Bulgarian Foreign Minister, and another packed day of enlargement talks.

Euronews

EU Struggles to Find Majority Needed to Ban Trade with Illegal Israeli Settlements

EU foreign ministers support banning trade with Israeli settlement goods, but legal classification disputes delay action. The decision hinges on whether it's a sanction or trade measure.

International Business Times UK

EU, UK hit Russia with joint sanctions over cyber attacks

Brussels said it was imposing sanctions on nine people and four entities, while London said it was adding 24 names to its blacklist. Among those subjected to asset freezes and visa bans were officers of Russia's GRU military intelligence agency, and alleged "cybercriminals" working together with the Russian state.

The Economic Times

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Newsletter: Settlement trade showdown looms

Good morning. I’m Mared Gwyn writing on another stifling day in Brussels. The political agenda is also hot – today we preview a clash on Israeli settlement trade, a push for further sanctions on Russia, and an expected reshuffle in Ukraine’s government.

Euronews

Europe Today: Iran war flares up as EU weighs sanctions on Israeli settlements

Hours after the US conducted new airstrikes in Iran, Tehran unleashed waves of major, simultaneous missile and drone attacks across the Gulf on Sunday. In Brussels, EU foreign ministers meet today to discuss whether to restrict trade between Europe and illegal Israeli settlements in the West Bank.

Euronews

Venice Biennale Russian pavilion: EU Commission confirms funding withdrawal

The reasons given by the Biennale were deemed insufficient, and the Commission has moved to withdraw funding over the reopening of the Russian pavilion, drawing harsh criticism in Brussels from the League.

Euronews

Facebook and Instagram must stop ‘addictive’ features like infinite scroll, EU tells Meta

Meta, the parent company of the popular social media platforms Facebook and Instagram, must change the design features that make them addictive to users, the European Union said Friday. It also threatened to slap the US tech giant with steep fines if it does not abide by the new directive.

France 24

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Newsletter: Money talks, but first listen to Lagarde

In today's newsletter: An exclusive interview with EBC President Christine Lagarde, the Spanish proposal of €850 billion of EU common borrowing, and ambassadors race to the 21st sanctions package against Russia finish line.

Euronews

Europe Today: Europe at an economic crossroads as global tensions rise

Christine Lagarde warns Europe must strengthen its economy as renewed tensions in the Middle East add fresh uncertainty to the global outlook. EU finance ministers meet in Brussels as the bloc considers new economic measures, trade restrictions on Israeli settlements and updated crypto rules.

Euronews

EU countries rush to avoid disastrous revision of Russian oil price cap

If ambassadors fail to agree on the sanctions by 15 July, the price cap on Russian oil will be automatically revised, going all the way up to $58 per barrel, a scenario that Brussels considers unpalatable.

Euronews

Is Belgium becoming a narco-state? Belgian politicians debate on The Ring

Brussels and Antwerp have seen rising drug-related shootings and turf wars among trafficking networks. Has Belgium lost control of the drug issue? Brussels Mayor Philippe Close and conservative opposition politician Mathias Vanden Borre (N-VA) go head-to-head in this edition.

Euronews

'I'm not a candidate': Lagarde tells Euronews as French election speculation grows

Lagarde told Euronews that she is not "a candidate", while vowing to continue championing European ideals. Speculation that she could leave the ECB early to play an active role in the campaign is rife in Brussels and Paris.

Euronews

EU to probe Chinese Pekin duck imports as market-flooding row hots up

Trade negotiations launched last week between Brussels and Beijing could be disrupted by an EU investigation into Chinese Pekin duck producers, following a complaint by EU farmers that cheap imports of Chinese poultry are harming their industry.

Euronews

Brussels eyes €200bn in savings by electrifying Europe's economy, draft reveals

While earlier EU climate strategies focused primarily on cutting greenhouse gas emissions, the forthcoming electrification plan recasts the issue as one of economic competitiveness, highlighting its potential to reduce reliance on fossil fuel imports, according to a document seen by Euronews.

Euronews

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The Guardian - UK

‘A lot of art in Ireland was made by one type of man’: Richard Malone on taking his colourful fabric creations to the EU Council

As his bold yet delicate sculptures fill the glass buildings of Brussels for Ireland’s turn at the EU presidency, the Wexford artist discusses working with Björk, his decorator father – and one noisy horse

Euronews

Eight member states oppose the opening of Serbia’s next EU accession cluster

In a major blow to Belgrade’s bid to join the European Union, EU ambassadors who gathered in Brussels on Wednesday failed to find unanimity on Serbia's path toward joining the bloc.

Euronews

Spain pitches €850bn per year in common EU borrowing

Spanish Economy Minister Carlos Cuerpo will pitch a new common debt mechanism ahead of a meeting of euro-area finance ministers in Brussels on Thursday.

Euronews

Newsletter: Something is rotten in the state of Turkey

In today's newsletter: US President Donald Trump revives his annexationist rhetoric of the arctic island of Greenland, ambassadors in Brussels bristle over what to do about Serbia, and a letter about FIFA is making waves in the European Parliament.

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Euronews

Watch: Planning to visit Europe this summer? The new Entry/Exit System means longer queues

If you hold a non-EU passport, Brussels has a brand-new welcome package for your next European holiday. The Entry/Exit System was designed to log your face and fingerprints in around 70 seconds to catch overstayers. But the system isn't working as intended.

Bangkok Post

Collaboration key to escaping competitiveness trap

Throughout the developed world, you hear the same anxious story. From Brussels to Washington, political and business leaders warn that our economies have grown uncompetitive because wages are too high, and regulation too burdensome. Make labour cheaper and deregulate, we are told, and private investment will abound.

The Economic Times

India, EU working to finish legal scrubbing of FTA text in 15-20 days: Piyush Goyal

India and the European Union expect to finish legal scrubbing of their free trade agreement text soon. Both sides aim to sign the comprehensive trade pact by the end of this year. Implementation of this significant agreement is anticipated to occur next year. This pact will open twenty-seven developed countries…

Euronews

EXCLUSIVE: EU Commission and capitals headed for collision over Serbia's Cluster 3 negotiations

Brussels is seeking to revive Serbia's accession bid and could discuss as early as Wednesday its case for opening Cluster 3. But EU capitals remain divided over whether recent measures are enough to offset wider democratic backsliding. For some, it's too much, too soon.

Bangkok Post

Fifa slammed for 'unprecedented, incomprehensible and unjustifiable' Balogun decision

BRUSSELS — The Union of European Football Associations (Uefa) has lashed out at the decision of Fédération Internationale de Football Association (Fifa) to suspend US striker Folarin Balogun's red-card ban in ‌the World Cup, after US President Donald Trump called Fifa to ask it to review the case, saying world…

The Guardian - UK

‘Attack on civil society’: why Viktor Orbán’s favourite thinktank is in crisis

MCC Brussels received lavish funding from Budapest, but Hungary’s new PM is launching an investigation

Euronews

Belgian diamond group that won tariff relief gifts Trump lavishly encrusted ring

US presidents have considerable discretion to accept gifts from domestic and foreign sources and may determine themselves whether a gift was meant for them personally or the nation.

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