European Commission holds Reality Check on the revision of the eInvoicing Directive in May 2026, gathering business input ahead of revised rules expected in Q4 2026 under the Single Market Strategy.
European Parliament negotiates pushing the next Horizon Europe budget to €200 billion for 2028-2034, up from the Commission’s €175 billion proposal, signalling EU strategic focus on research.
New 2026 data confirms the EU has cut net domestic greenhouse gas emissions by 40% since 1990, driven by renewables, fossil-fuel switching, energy efficiency and structural economic change.
The EU’s Carbon Border Adjustment Mechanism began charging fees in January 2026. The Commission’s review proposes expansion to downstream products and impacts global carbon pricing adoption.
The EU-Mercosur trade agreement begins provisional application on 1 May 2026, opening tariff cuts on cars, pharmaceuticals and agri-food across Argentina, Brazil, Paraguay and Uruguay.
The REPowerEU regulation banning Russian gas imports took its first hard effect on 25 April 2026: short-term LNG contracts prohibited. Pipeline gas follows on 17 June. Full LNG ban end-2026, pipeline ban autumn 2027.
The European Commission unveiled on 17 April 2026 the first Action Plan under the Pact for the Mediterranean: 21 concrete initiatives across people, economy and security, including a Mediterranean University Initiative and a Firefighting Hub in Cyprus.
After more than 20 years of talks, the EU-Mercosur interim trade agreement applies provisionally from 1 May 2026, creating a trade area of around 700 million consumers across both blocs.
European wind power capacity hit new records in 2025 with major offshore installations. Where the buildout stands in 2026, the bottlenecks, and what comes next.
Eurozone Q1 2026 GDP grew just 0.8% year-on-year as the Iran war reshapes the European economy. What the slowdown means for the months ahead.