As the situation in Venezuela unfolds, the EU closely monitors the transition in the Venezuelan government and calls for respect of international law and the UN Charter. This is an opportunity for change that should be led by the Venezuelan people.
On 1 January 2026, Cyprus takes over the Presidency of the Council of the European Union. Over the next 6 months, we’ll work closely on the priorities of Cyprus’ EU Presidency:
• Autonomy through Security, Defence Readiness and Preparedness
• Autonomy through Competitiveness
• Open to the World, Autonomous
• An Autonomous Union of Values that Leaves No One Behind
• A long-term budget for an Autonomous Union
Bulgaria adopts the euro as its official currency, becoming the 21st member of the Euro Area.
Building on its place in the European Union and full participation in Schengen, this step further integrates Bulgaria into Europe’s shared economic and mobility space.
Travel, work, and business across the EU will continue to become more seamless and connected, reflecting a common European future and history shaped together. Welcome to the Euro Area, Bulgaria!
The EU is delivering concrete support to Ukraine. From a full thermal power plant to emergency energy assistance helping millions of people.
This is how Europe supports a neighbor under aggression: not just with words, but with action.
Watch more: https://audiovisual.ec.europa.eu
For more European Commission news, subscribe to our YouTube channel.
The EU is delivering concrete support to Ukraine. From a full thermal power plant to emergency energy
assistance helping millions of people.
This is how Europe supports a neighbor under aggression: not just with words, but with action.
Watch more: https://audiovisual.ec.europa.eu
For more European Commission news, subscribe to our YouTube channel.
"We all share one clear goal. A just and lasting peace for Ukraine." – President von der Leyen
On 19 December 2025, European Commission President Ursula von der Leyen took part in the European Council press conference with Council President António Costa, and Prime Minister of Denmark, Mette Frederiksen, to address securing funding for Ukraine.
It was announced that the EU has secured an agreement to finance Ukraine’s needs for the next two years, committing EUR 90 billion through EU borrowing on the capital markets.
Additionally, it was announced that progress has been made on the Mercosur agreement, enhancing trade opportunities amid rising tariffs. Praising the Danish Presidency’s leadership, Commission President von der Leyen reaffirmed the EU’s commitment to Ukraine, energy independence, and defence initiatives.
For the full transcript of the speech, see here: https://ec.europa.eu/commission/presscorner/detail/en/statement_25_3134
Watch on the Audiovisual Portal of the European Commission:
https://audiovisual.ec.europa.eu/en/media/video/I-282866
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– Revision of the CO2 standards for cars, vans, and heavy-duty vehicles to help manufacturers meet their 2035 targets;
– Greening corporate fleets to accelerate the uptake of zero- and low-emission vehicles;
– Battery booster strategy with €1.8 billion for a fully EU-made battery value chain
– Automotive industry simplification to ease administrative burdens, cut costs and introduce a new vehicle category of small, affordable cars;
– Revised car labelling rules for consumers to have complete information about the cars’ emissions, empowering them to make more informed choices when buying a car.
This is what the European Commission is proposing in its new Automotive industry package, a set of rules for the industry and EU countries to adapt to clean mobility and a low-carbon economy, while ensuring the competitiveness of the industry.