Bloc’s justice commissioner says action needed to protect consumers from products sold on platforms such as Shein

European Union member states have approved nearly $2.7 billion in funding for Ukraine as part of a plan to bolster the war-besieged nation's recovery, reconstruction and modernization.

Cyprus joined the EU in 2004 as a war-divided island and could offer Ukraine a blueprint for accession. The island will take over the EU’s rotating presidency from Denmark on Jan. 1 and has promised to continue work on Ukraine’s bid.

It’s all but certain now that the EU will change its proposed rules and allow some combustion-engined cars and vans to be sold after 2035

The fines were due to the platform's misleading use of blue check marks to identify verified users and a lack of transparency over ads and data access for researchers.

By Philip Blenkinsop BRUSSELS, Dec 12 (Reuters) - European Union finance ministers agreed on Friday to set a 3 euro ($3.52) customs duty on low-value parcels arriving in the bloc, part of efforts to crack down on cheap Chinese e-commerce imports such as from online retailers Shein and Temu.

The European Union unveiled a new plan to make sure its industries aren’t overtaken by global rivals as competition intensifies with the US and China.

European Union regulators have fined Elon Musk’s social media platform X 120 million euros for failing to comply with digital regulations.

European Union countries are set to vote early next week to determine whether the bloc should sign a contentious trade agreement with South American bloc Mercosur by the end of the year, Denmark, which holds the rotating presidency of the EU,