EU

European Union (EU), international organization comprising 28 European countries and governing common economic, social, and security policies. Originally confined to western Europe, the EU undertook a robust expansion into central and eastern Europe in the early 21st century.

Its purpose is to be more competitive in the global marketplace. At the same time, it must balance the needs of its independent fiscal and political members.

The euro is the common currency for the EU area. It is the second most commonly held currency in the world, after the U.S. dollar. It replaced the Italian lira, the French franc, and the German deutschmark, among others.

World’s first comprehensive crypto rules approved

 European Union states on Tuesday gave the final nod to the world's first comprehensive set… Read More

Hina Rabbani Khar meets EU, Indo-Pacific foreign ministers

ISLAMABAD: Minister of State for Foreign Affairs Hina Rabbani Khar Sunday met foreign ministers of… Read More

EU reacts to Imran Khan’s arrest

The European Union (EU) emphasised on the exhibition of ‘restrain and cool headedness’ after former… Read More

Italy’s ChatGPT ban attracts EU privacy regulators

Italy's move to temporarily ban ChatGPT has inspired other European countries to study if harsher… Read More

Syria requests EU help for quake relief

BRUSSELS: Syria on Wednesday made an official plea to the EU for help after the… Read More

EU reaches agreement on Russian fuel price caps

European Union (EU) member states on Friday reached agreement on price caps for Russian petroleum… Read More

ChatGPT in spotlight as EU’s Breton bats for tougher AI rules

EU industry chief Thierry Breton has said new proposed artificial intelligence rules will aim to… Read More

Air raid sirens sound in Ukraine during visit by European leaders

Air raid alerts sounded across Ukraine on Friday as President Volodymyr Zelenskiy hosted European Union… Read More

EU wants to send more people back to Africa, Middle East, Asia

European Union (EU) migration ministers meet on Thursday to discuss visa restrictions and better coordination… Read More

Britain and EU unlikely to change Brexit deal much

Britain and the European Union are unlikely to fundamentally change their underlying Brexit settlement, making… Read More

Iran’s Revolutionary Guards warn European Union

Iran’s Islamic Revolutionary Guard Corps on Saturday warned the European Union against making a “mistake”… Read More

EU to prepare law to help its green industry, back it with cash

The European Union will prepare a law to make life easier for its green industry… Read More

EU reaches deal on major carbon market reform

EU member states and parliamentarians on Sunday announced an agreement for a major reform to… Read More

‘EU reaches agreement on pivotal carbon market deal’

BRUSSELS: European Union negotiators reached agreement early on Sunday on overhauling the bloc's carbon market,… Read More

Qatar EU bribery allegations ‘worrisome’: Borrell

BRUSSELS: The EU's foreign policy chief said on Monday that allegations of bribery by World… Read More

EU agrees law to make airlines pay more to pollute

BRUSSELS: The European Union (EU) reached a deal in the early hours of Wednesday on… Read More

EU agrees to impose price cap on Russian crude

The European Union will join the G7 powers in imposing a $60-per-barrel price cap on… Read More

Pakistan, EU agree to make joint efforts for combating effects of climate change

Prime Minister Pakistan Shehbaz Sharif and President of the European Union (EU) Commission Ursula von… Read More

EU strikes deal to ban combustion-engine cars by 2035

EU countries and lawmakers on Thursday struck an agreement on legislation to phase out new… Read More

EU leaders clash over how to tackle energy prices

EU leaders clashed Thursday over how to ride out Europe's energy shock, with traditional partners… Read More