European leaders committed to lend Ukraine 90 billion euros, equivalent to around $105 billion, to help the country keep fighting Moscow’s invasion but failed to agree on a plan to use frozen Russian assets for the loan, the Wall Street Journal reported. The vow to loan Ukraine money amounts to a financial lifeline at a crucial moment, but the European Union’s inability to agree on handing Kyiv tens of billions of dollars in Russian funds underlines divisions in the bloc over the extent to which they are prepared to confront Russia.

Russia’s Central Bank has filed a lawsuit against Belgian financial institution Euroclear, the Brussels-based clearing house that holds most of Moscow’s frozen assets in Europe, the bank said Friday, the Associated Press reported. It wasn’t immediately clear what the lawsuit could achieve since it was filed in Moscow. The European Commission, the EU’s executive branch, estimates that 210 billion euros ($247 billion) worth of frozen Russian assets are held in Europe. At the end of September, Euroclear held around 193 billion euros ($225 billion) of the money.

The EU executive will present fresh guidelines on Wednesday meant to reinforce the bloc’s market protection in the face of rising foreign risks, EuroNews.com reported. The doctrine's launch comes after months of tense exchanges with China, which has restricted exports of rare earths and chips – both crucial to several strategic EU industries. The EU is also grappling with a sharp shift in the trade policy of its closest ally, the US, whose nationalist, protectionist approach has put Brussels under extreme pressure, resulting in what many see as an unbalanced trade deal reached in July 2025.

The European Commission, the executive arm of the European Union (EU), proposed ending individual countries' supervision of cryptocurrency companies and transferring the responsibility to the bloc's markets regulator as part of measures to "fully integrate" EU financial markets, CoinDesk.com reported. The commission wants to address the discrepancies that result from differing supervisory approaches among the 27 member states and transfer oversight to European Securities and Markets Authority (ESMA), it said in a Thursday statement.

The EU executive will present fresh guidelines on Wednesday meant to reinforce the bloc’s market protection in the face of rising foreign risks, EuroNews.com reported. The doctrine's launch comes after months of tense exchanges with China, which has restricted exports of rare earths and chips – both crucial to several strategic EU industries. The EU is also grappling with a sharp shift in the trade policy of its closest ally, the US, whose nationalist, protectionist approach has put Brussels under extreme pressure, resulting in what many see as an unbalanced trade deal reached in July 2025.

Stellantis Chairman John Elkann on Tuesday warned the European auto industry risks an "irreversible decline" if the European Union does not soften its stance on cuts in carbon emissions to grant automakers more flexibility, Reuters reported. The European Commission is due to present a package of proposals for its scheduled review of EU carbon emissions regulation for the auto industry on December 10.

Europe is jeopardising its own future by missing the boat on artificial intelligence and must ​quickly remove obstacles that prevent the diffusion of this new technology,‌ European Central Bank President Christine Lagarde said on Monday, Reuters reported. Firms in the U.S.‌ and China are investing heavily in AI, generating a debate on whether this exuberance is fuelling a financial bubble or signalling a technological leap.

The United States on Monday demanded that the European Union make its regulation of the tech sector more "balanced" in exchange for a reduction of U.S. tariffs on steel and aluminium imports from the bloc, Reuters reported. At a meeting in Brussels, EU ministers urged U.S. Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer to implement their July trade deal, with cuts to U.S. tariffs on EU steel and their removal from EU goods such as wine and spirits.

European Union governments and the European Parliament have reached agreement on harmonising the 27-nation bloc's insolvency laws to make it easier to invest across the EU and create a more liquid EU capital market, the EU Council said in a statement, Reuters reported. Work on harmonising some key aspects of the 27 different national bankruptcy laws has been going on for a decade, slowed down by vested interests, different national legal cultures and traditions and turf wars between justice and finance ministries.