The European Union is keen to partner with countries around the world and is "open for business," European Commission chief Ursula von der Leyen said Tuesday.

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.

German Chancellor Olaf Scholz on Tuesday divulged that the commission was considering an EU subsidy programme that he had proposed. The German government scrapped its own scheme abruptly in 2023, leading to a plunge in EV sales.

The European Commission President Ursula von der Leyen expressed the EU's readiness to negotiate with the US at the World Economic Forum in Davos. She emphasized the importance of engaging early, discussing common interests,

Europe has entered a new era of harsh geostrategic competition and will have to work together to avoid a global race to the bottom, European Commission President

Energy prices have skyrocketed across the EU due to the disruption of cheap supplies from Russia, European Commission chief Ursula von der Leyen said.

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.

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The new US administration has sent jitters across the world with trade plans that could severely damage the EU. #EuropeNews

Cold weather, windless weather and the stoppage of Ukrainian transit of Russian gas provoked a jump in gas consumption in the EU. Daily deliveries from UGS have increased to the maximum since the winter of 2021.