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...Siegfried Mureşan, vice-president of the centre-right EPP bloc in the European parliament, told the FT that the lending was essential to support Kyiv’s agricultural exports....
...But Belgium, Spain and France have permitted the import and re-export of Russian LNG to continue, arguing that it is difficult for their companies to extract themselves from existing contracts....
...EU policymakers have defended the continuation of imports from Russia as being due to long-term contracts agreed before the war that, if broken, would force European companies to pay compensation to Russia...
...Other issues cited by Salmon Scotland include paperwork causing delays to consignments, border controls that will next month bring new import requirements for the feed sector, and an outdated system for...
...The result, according to European Commission calculations, would be a €1.2bn loss of exports for Ukraine unless they find alternative buyers....
...Russia could retaliate but it has already banned most EU food imports and many European companies in the sector have pulled out of the country in the past years. The commission declined to comment....
...in states that apply weaker export controls....
...The Danish transmission system operator Energinet said that it expected electricity imports from the UK to “drop significantly” once the carbon border tax was imposed....
...Domestic companies cannot compete with a glut of cheaply-priced imports from China, the global leader....
...Chinese companies looking to export to Europe was a “natural progression of competition and it needs to be met with better product, better technology, more agility”, he added....
...“The knowledge that [the European companies] needed to sign up for [long-term LNG contracts] has come through,” Grindal said....
...The supply glut has enticed US power companies to favour imports over more expensive domestic panels as they build new solar generating complexes....
...“This is an important port for both imports and exports,” he said. “No matter how quickly the channels can be reopened, we know that it can’t happen overnight....
...But while higher import tariffs could help protect against Chinese electric vehicle exports, they would also slow down EV adoption in the EU....
...The rules should provide a basis for EU companies to break contracts with Russian gas providers without paying hefty compensation, EU officials have said....
...of the lost European market, according to Salikhov....
...France’s economy ministry said that, with the European Commission, it would be “fully mobilised to ensure the defence of our companies”, adding that there was no indication any French brandy maker was guilty...
...Chart du jour: Back on track The eurozone’s monthly trade surplus rose to a record high at the start of the year, as the price of energy imports dropped and exports increased....
...Pipeline imports to the EU in 2023 were 84 per cent down from the pre-invasion year of 2021, more than many thought bearable....
...“They’ve run into some ramp up issues,” said Ur-Energy Inc chief executive John Cash, which is restarting production at two mines in Wyoming....
...Exports rose 334 per cent to 243,000 cars. The group reported margins for its auto business of 23.02 per cent last year, 2.63 percentage points higher compared with the previous year....
...Spain’s deputy prime minister Nadia Calviño is set to become president of the European Investment Bank early next year after she won the backing of EU finance ministers on Friday....
...It is also the US’s second-busiest coal export facility....
...Poland and Hungary introduced unilateral import bans on Ukrainian produce in April 2023, following widespread protests from farmers....
...Marco Forgione, director-general of the Institute of Export and International Trade, which represents importers across the UK, said there was strong anecdotal evidence that EU companies were not ready for...
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