european union

Far-Right Candidate Excluded From Romania Presidential Vote

Romania's electoral bureau on Sunday rejected far-right hopeful Calin Georgescu's candidacy for the re-run of last year's annulled presidential election, sparking outrage among his supporters in Bucharest. Georgescu -- a past admirer of Russian President Vladimir Putin and an EU and NATO critic -- shot to prominence almost overnight to ...

Jaber: The 2026 Budget Will Guarantee Financial Regularity and Support Social Spending

Finance Minister Yassine Jaber affirmed on Friday that the 2026 budget plan would include measures aimed at ensuring financial regularity while paving the way for increased spending in social sectors. He emphasized that this budget would highlight the government’s development strategies and priority reform objectives. Among the measures planned ...

ECB Lowers Rates Again but Hints More Cuts in Doubt

The European Central Bank cut interest rates again Thursday to boost the struggling eurozone but suggested easing could be nearing an end and warned of "rising uncertainty" amid massive German spending plans and US tariff threats. It was the central bank's six reduction since June last year, with its focus having shifted from tackling inflation ...

EU Emergency Summit Seeks to Beef Up Defense to Counter Trump Pivot

European Union leaders will hold emergency talks in Brussels on Thursday, gathering as the Trump administration upends traditional alliances and retracts wartime backing of Ukraine. Thursday's summit brings all 27 EU leaders together for the first time since the explosive meeting between presidents Donald Trump and Volodymyr Zelensky last ...

Macron to Address France Over Global 'Uncertainty'

French President Emmanuel Macron said he would address the nation on Wednesday regarding the current global uncertainty following the radical shift in U.S. policy on Ukraine under Donald Trump. "My dear compatriots — I will address you tonight at 8:00 pm (1900 GMT) at this moment of great uncertainty when the world is facing its greatest ...

Can Europe Defend Itself in a War Against Russia?

The major developments of this weekend, starting with the now-legendary clash between Ukrainian President Volodymyr Zelensky and the American duo Donald Trump and J.D. Vance, have unsurprisingly reshuffled the global order, particularly in Europe. The Old Continent, which had grown unaccustomed to wars on its territory for several decades, has ...

European Leaders Look to Boost Support for Ukraine at London Summit

More than a dozen European leaders gather in London, on Sunday, for crisis talks, looking to boost security cooperation and support for Ukraine after an astonishing blowout between Kyiv and Washington. Ukraine's allies have been underscoring their steadfast commitment to counter growing concerns that US President Donald Trump is about to sell ...

Trade Exchange Between Lebanon and the European Union: Decline in Exports and Imports in 2024

Lebanon entered into the Partnership Agreement with the European Union in March 2003. On November 11, 2016, the Partnership Priorities and the Mutual Package between Lebanon and the European Union were approved, aiming to enhance mutual interests and improve economic cooperation. According to the latest trade figures in a report prepared by the ...

French Finance Minister: EU Will 'Do the Same' if US Imposes Tariffs Hikes:

French Finance Minister Eric Lombard told AFP on Thursday that the European Union would "do the same" if the United States follows through with 25 percent tariffs announced by President Donald Trump. Trump threatened Wednesday to impose 25 percent tariffs on goods imported from the European Union. "It is clear that if the Americans maintain the ...

The Role of the US, EU and Arab Countries in Syria’s Economic Future

The Partial Lifting of European Sanctions Is Insufficient The partial lifting of European sanctions on Syria is a positive step that could help accelerate economic recovery. However, this measure remains inadequate given the urgent need for support. While some Gulf Cooperation Council (GCC) countries, notably Qatar and Saudi Arabia, are willing ...

Ukraine's Reconstruction Needs Surpass $500 Billion

Ukraine will need over $500 billion to repair the damage resulting from the Russian invasion, which has entered its fourth year, according to a joint assessment published Tuesday. "The total cost of reconstruction and recovery in Ukraine is $524 billion over the next decade," said a statement published by Ukraine, the World Bank Group, the ...