VIENNA (Reuters) -The European Commission will probably not impose a so-called excessive deficit procedure on Germany for breaching the EU's budget deficit cap this year, Economic Commissioner Valdis ...

The EU is pushing to lower the G7's $60 price cap on Russian oil, but the U.S. remains cautious, citing market forces as already effectively curbing Russia's revenue.

"We managed to find a lot of common ground," Valdis Dombrovskis, the EU's commissioner for economy and productivity, told reporters on the sidelines of the G-7 meeting in the Rocky Mountain resort ...

EU's Commissioner for Economy and Productivity Valdis Dombrovskis said the U.S.-led deals with key trading partners could help reduce heightened uncertainty in the business community and financial ...

A string of U.S.-led deals with key trading partners could help reduce heightened uncertainty in the business community and financial markets but represent a “suboptimal” solution, says the ...

The European Union scaled back its forecast for growth in 2025 by nearly half a percentage point, as the jump in tariffs and surrounding chaos bite.

Details: Dombrovskis emphasised that the European Commission is committed to imposing new sanctions on Russia, confirming that work on the 18th package will begin once the 17th is adopted.

Speaking to reporters after a meeting of European Union finance ministers on Tuesday, Dombrovskis noted, however, that the reduction of tariffs after weekend talks in Switzerland was for 90 days ...

Valdis Dombrovskis, European Commission commissioner for economy and productivity, discusses the state of EU-US relations amid President Donald Trump's tariffs on "Bloomberg The Close." ...

President Trump and European Commission President Ursula von der Leyen agreed during an exchange on the sidelines of Pope Francis' funeral to meet later, her spokesperson said.

The United States and the European Union still need a lot of work to reach a deal that would prevent the imposition of tariffs on each other's goods, EU Economic Commissioner Valdis Dombrovskis ...