Latest European Union News

First Republic Bank shares slide in volatile trading session

Mar. 20, 2023 16:54 PM EDT

Shares of First Republic Bank fell another 47% Monday as investors remain uneasy about the bank's financial condition even after a group of the nation's largest financial institutions teamed up on a $30 billion rescue package. Trading in First Republic shares was halted numerous...

Donors pledge $7.5 billion for Turkey, Syria after quake

Mar. 20, 2023 14:01 PM EDT

BRUSSELS (AP) — The European Union and international donors on Monday pledged seven billion euros ($7.5 billion) to help Turkey and Syria in the aftermath of the earthquake that devastated parts of the neighboring countries last month. The European Commission said after the...

EU's top diplomat hails deal on artillery shells for Ukraine

Mar. 20, 2023 13:39 PM EDT

BRUSSELS (AP) — European Union countries have endorsed a fast-track procedure aimed at providing Ukraine with sorely needed artillery shells to repel Russia's invasion forces, EU foreign policy chief Josep Borrell said Monday, as Moscow maintains its focus on attacking the industrial east of the...

N. Ireland unionists say no to Sunak's Brexit deal, for now

Mar. 20, 2023 11:49 AM EDT

LONDON (AP) — Northern Ireland’s main British unionist party said Monday it will vote against a deal struck by Britain and the European Union to resolve a thorny trade dispute that vexed U.K.-EU relations and triggered a political crisis in Belfast. Democratic Unionist Party...

US envoy hails 'historic' EU-brokered Serbia-Kosovo deal

Mar. 20, 2023 10:48 AM EDT

PRISTINA, Kosovo (AP) — The United States envoy for the Serbia-Kosovo dialogue on Monday welcomed the European Union-facilitated deal on normalizing relations between neighboring Kosovo and Serbia as an “important and historic agreement.” Gabriel Escobar said the weekend deal...

Polish PM warns of 'revolts' if EU ignores nation-states

Mar. 20, 2023 10:07 AM EDT

HEIDELBERG, Germany (AP) — Poland’s prime minister warned Monday that Europe may see “revolts” if the European Union, of which his country is a member, turns into a “super-state government” that ignores national differences. Prime Minister Mateusz Morawiecki was giving a...

Activists demand EU halts 'green' funds for Spain ski resort

Mar. 20, 2023 06:29 AM EDT

MADRID (AP) — Spanish environmental groups on Monday called on the European Union to open an inquiry into the approval of 26.4 million euros ($28.1 million) of “green” economic recovery funds to join two ski resorts in the rapidly warming Pyrenees mountain range. Five Spanish...

Long-serving Montenegro president to face newcomer in runoff

Mar. 19, 2023 16:40 PM EDT

PODGORICA, Montenegro (AP) — The long-serving incumbent will face a political newcomer in a runoff presidential election in Montenegro next month after none of the contenders garnered enough support in the first round of voting on Sunday to achieve an outright victory, according to early...

Bosnia: rights activists assaulted following LGBT event ban

Mar. 19, 2023 06:16 AM EDT

SARAJEVO, Bosnia-Herzegovina (AP) — Rights activists in the Serb-run part of Bosnia were assaulted late Saturday, hours after police banned an LGBT event planned there over the weekend, citing security concerns. The attack took place as the activists were leaving a meeting at the...

Serbia, Kosovo agree on how to implement EU plan, envoy says

Mar. 18, 2023 19:54 PM EDT

OHRID, North Macedonia (AP) — The leaders of Serbia and Kosovo have tentatively agreed on how to implement a European Union-sponsored plan to normalize their relations after decades of tensions between the two Balkan wartime foes, EU foreign policy chief Josep Borrell said Saturday after chairing...