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EU - Latest news GMK Center

Photo – EU considers €93 billion countermeasures against US amid Trump’s statements
EU considers €93 billion countermeasures against US amid Trump’s statements

Trump threatened a number of European countries with tariffs of 10% from February 1 and an increase in June via Greenland

Photo – The EU and the UK begin negotiations on merging carbon markets
The EU and the UK begin negotiations on merging carbon markets

Negotiations, according to the European Commissioner for Climate Action, will start next week

Photo – Industrial production in the EU rose by 0.2% m/m in November
Industrial production in the EU rose by 0.2% m/m in November

In the eurozone, the indicator rose by 0.7% m/m

Photo – The EC proposes provisions for the temporary suspension of CBAM for goods under certain circumstances
The EC proposes provisions for the temporary suspension of CBAM for goods under certain circumstances

The tool aims to prevent price distortions in the EU internal market

Photo – Inflation in the eurozone slowed to 2% y/y in December
Inflation in the eurozone slowed to 2% y/y in December

Energy prices slowed down the pace of inflation, while services remain the main driver of inflation

Photo – Analysts expect European carbon prices to rise in 2026
Analysts expect European carbon prices to rise in 2026

The main factor will be a reduction in the supply of quotas on the market

Photo – Poland reduced steel production by 25% y/y in November
Poland reduced steel production by 25% y/y in November

Over 11 months, production increased by 1% y/y

Photo – EU imported 4.19 million tons of steel products from Russia in January-October
EU imported 4.19 million tons of steel products from Russia in January-October

The bulk of production consists of pig iron, steel semi-finished products, and direct reduced iron

Photo – European CBAM: how the mechanism will work in 2026
European CBAM: how the mechanism will work in 2026

From January 1, importers of certain goods will bear the financial costs of CO2 emissions

Photo – How mining industry can impact Ukraine’s recovery and economic renewal
How mining industry can impact Ukraine’s recovery and economic renewal

Provided that funding is secured for a number of investment projects, Ukraine will be able to export between 20 and 25 million tons of DR pellets

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