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EU to slash power bills by cutting taxes and grid costs

The European Commission is preparing a major overhaul of grid charges and electricity-related taxes to provide relief to households and citizens struggling with soaring energy prices, a document seen by Euronews reveals. ADVERTISEMENT ADVERTISEMENT The decision comes as power bills are rising due to the Iran war and the closure…

Berlin awards domestic contractors major drone and frigate deals

Defence contractor Rheinmetall has been awarded a major contract to manufacture combat drones for the German armed forces in a deal approved by the Bundestag Budget Committee on Wednesday. ADVERTISEMENT ADVERTISEMENT New combat drones are planned in particular for use as part of the so-called Lithuania Brigade. The unit consists…