The EU plans to legally ban Russian fossil fuel imports but is delaying the phaseout of Russian nuclear technology, which poses a complex challenge due to reliance on Moscow for 20-25% of uranium. While the EU aims for a complete transition by the 2030s, concerns about supply security and price volatility persist, particularly from member states like Hungary and Slovakia, which heavily depend on Russian nuclear infrastructure.
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Von der Leyen tells Xi EU-China ties are at โinflection pointโ
European Commission President Ursula von der Leyen and European Council President Antรณnio Costa conveyed to Chinese leader Xi Jinping that EU-China relations are at an "inflection point" due to trade imbalances and China's support for Russia amid the Ukraine war. Both sides emphasized the need for mutual solutions to longstanding issues as the summit marks 50 years of EU-China relations, overshadowed by tensions over trade and geopolitical concerns. Want More Context? ๐
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