EU Sets 2027 Deadline to End Russian Energy Imports
The European Commission has introduced a draft regulation aimed at ending the European Union’s reliance on Russian gas and oil by the close of 2027
The European Commission has announced a €910 million investment under the European Defence Fund (EDF) to enhance defence manufacturing capabilities across the European Union. The funding will support projects focused on improving military mobility, advancing air defence systems, and developing innovative materials for defence purposes.
For the first time, the Ukrainian defence sector will be eligible to participate in these projects. According to the Commission, this inclusion will foster stronger collaboration between Ukrainian and EU-based manufacturers, contributing to shared goals in security and innovation.
The EDF, with a total budget of €7.3 billion through 2027, aims to support joint initiatives among EU and Norwegian companies of all sizes, as well as research institutions. In 2025, €45 million will be allocated specifically to projects aimed at developing breakthrough technologies that can enhance or replace existing defence equipment and concepts. Some of the initiatives will focus on producing radar-invisible materials.
Additional areas of development include artificial intelligence-powered air defence systems, the creation of a common European mine-clearing system, and the next generation of rotorcraft to be deployed by 2030. The European Commission will finance these projects entirely, without requiring co-funding.
Further investment will target improvements in military medical assistance, protection against chemical, biological, radiological, and nuclear threats, and advancements in biotechnology. Projects will also support innovations in air combat, missile defence, and overall military operations, the Commission added.
The convergence reports on Bulgaria, issued by the European Commission and the European Central Bank, are expected to receive broad support from all Eurozone countries
The TurkStream gas pipeline, which transits through Bulgaria on its way to the Western Balkans and Central Europ
European Central Bank President Christine Lagarde has called on Europe to take advantage of a unique moment to elevate the euro’s status on the global stage
The European Commission has introduced a draft regulation aimed at ending the European Union’s reliance on Russian gas and oil by the close of 2027
A government investigation into the massive blackout that struck the Iberian Peninsula in April has determined that a voltage surge in the power grid triggered a chain reaction
The European Commission has imposed a fine of nearly €400 million on Greece over a major scandal involving the mismanagement of EU agricultural subsidies
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe