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The European Commission says 18 EU countries have so far applied for billions of euros from a new defense fund aimed at helping Europe provide for its own security ...
Despite grand plans, the European Union’s hoped-for rearmament remains fully dependent on member nations stepping up their own defenses. In March, European Commission President Ursula von der ...
BRUSSELS — When it comes to simplifying the European Union’s green rulebook, experts just get in the way. That, at least, seems to be the view of EU member countries, which have sidelined ...
The EU established the European Central Bank to handle monetary policy and set interest rate benchmarks for member countries, similar to the role of the U.S. Federal Reserve in the U.S.