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Orbán’s defeat and US shift raise hopes for EU sanctions on Russia

For more than two months, a new round of European Union sanctions against Russia has remained stalled on the political table. ADVERTISEMENT ADVERTISEMENT First vetoed by Hungary and Slovakia over an unrelated dispute with Ukraine involving the Druzhba pipeline, and later challenged by the energy turmoil unleashed by the US…

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…