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The European Union approves a grant of €4.2 billion (US$4.58 billion) in financial aid to Ukraine.
2024-08-6

The leaders of Poland, Lithuania, Latvia, and Estonia call on the European Union to construct a €2.5 billion (US$2.67 billion) defence line between them and Russia and Belarus to secure the EU from military, economic, and migrant-related threats.
2024-06-26

European Union member states agree to a natural gas price cap in an attempt to limit economic damage from the global energy crisis. The price cap can be triggered beginning on February 15, if for three days, prices on the TTF, which is the European natural gas benchmark, exceed €180 per megawatt-hour (MWh) and are also more than €35-MWh higher than a reference price based on liquefied natural gas price assessments.
2022-12-19

An EU subsidiary of Sberbank is declared to be "failing or likely to be failing" by European banking regulators. The bank's assets amount to €13.64 billion.
2022-02-28

Amazon wins a legal dispute against a European Union order to pay back taxes of €250 million ($303 million). The setback renewed calls from EU lawmakers for a global corporate tax deal and for several to voice their support for the Biden administration's proposed 21% minimum tax rate on multinationals.
2021-05-12

Portugal announces it has set aside 150 million euros to lend to the companies that have been hurt by the collapse of tour guide company Thomas Cook.
2019-09-27

Several European Union states, including the United Kingdom, Germany, Portugal and Spain, officially recognize Juan Guaidó as interim President of Venezuela after Nicolás Maduro rejects the European ultimatum to call a new snap election. Other European Union countries, such as Greece and Ireland, stop short of recognizing Guaidó, while Italy's leading coalition party, the 5 Star Movement, declares that it is not "for the EU to tell another nation what to do".
2019-02-4

The International Monetary Fund approves a 26 billion euro loan to Portugal as part of a joint bailout package with the European Union to try to resolve the European sovereign debt crisis.
2011-05-20

The European Union aims to complete Portugal's bailout of approximately €80 billion in exchange for cuts before a new government is elected in June, with the previous government having fallen at the loss of a parliamentary vote on imposing similar austerity measures.
2011-04-8

Standard & Poor's downgrades Greece's sovereign credit rating to junk, four days after the country's government requests the activation of a €45-billion EU–IMF bailout.
2010-04-27