European Commission President Ursula von der Leyen announced a significant reduction in Europe's reliance on Russian fossil fuels at the World Economic Forum 2025 in Davos. Gas imports from Russia have decreased by nearly 75%,
President Donald Trump has given everyone at Davos something to talk about with his actions on the first day of his second term.
European Commission President Ursula von der Leyen emphasized the need to break down barriers in the EU's energy sector at the World Economic Forum. Her statement highlighted the importance of investing in next-gen clean energy technologies and diversifying energy supplies.
Trump's second presidency dominated proceedings at the World Economic Forum amid ominous warnings over the looming threat of trade tariffs and his decision to pull the United States out of the Paris climate agreement.
Ursula von der Leyen reports a 75% drop in Russian gas imports, warns of rising energy costs for Europe amid the transition to independence.- Watch Video on English Oneindia
While Trump refrained from using his first day in office to launch tariffs on European goods he says are partly to blame for a persistent U.S. trade deficit, European officials are taking a "wait and see" approach to relations with his administration.
Von der Leyen’s announcement followed on the heels of a positive visit to Belgium by Indian Commerce Minister Piyush Goyal, during which he met European Trade Commissioner Maroš Šefčovič. The next round of talks on a free-trade agreement has been set for March 10-14 in Brussels.
Video. Speaking at the Davos Summit, Ursula von der Leyen emphasided the EU's dedication to the Paris climate agreement and urged international cooperation, despite Trump’s decision to withdraw.
DAVOS, Switzerland (Reuters) -The European Union wants to engage and negotiate with U.S. President Donald Trump, European Commission President Ursula von der Leyen said on Tuesday, warning of the risk of a "global race to the bottom" using tools such as tariffs.
European Commission President Ursula von der Leyen warned on Tuesday of the risk of a 'global race to the bottom' using economic tools such as sanctions, export controls and tariffs. Speaking at the World Economic Forum's annual meeting a day after the inauguration of U.
European Commission President Ursula von der Leyen reaffirmed support for the Paris Climate Agreement at the World Economic Forum. Despite President Trump's withdrawal of the United States from the deal,