Daily brief
The European Parliament has approved a 90-billion-euro loan to support Ukraine. The funding is intended as aid for the country.
French President Emmanuel Macron stated that cuts in Russian energy supplies are a key factor in the EU's economic difficulties.
EU Commission President Ursula von der Leyen called for simplified EU regulation to improve competitiveness against the US and China.
Following Volkswagen's accepted offer, Chinese EV makers are seeking their own tariff talks with the EU, with the CCCEU urging fair treatment.
Industry CEOs are urging EU leaders for urgent action to reduce energy prices and for crisis management mechanisms similar to those used during the Covid pandemic.