President Donald Trump is meeting Sunday with European Commission chief Ursula von der Leyen, taking a break from golfing in Scotland to discuss trade as both sides seek an agreement on tariff rates with the White House's deadline to impose stiff import taxes looming this week.

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 Dombrovskis told the Financial Times.

Exemption for higher defence spending will help Berlin avoid corrective measures, says bloc’s economy commissioner

US President Donald Trump and EU chief Ursula von der Leyen prepared to meet Sunday in Scotland in a push to resolve a months-long transatlantic trade standoff that is going down to the wire. Early Sunday,

The European Medicines Agency has recommended authorizing a twice-yearly injectable drug to prevent HIV. Scientists say this could help end the virus' transmission.

Brussels and Budapest over the years have been at loggerheads on a range of issues, most recently that of Russia's invasion of Ukraine, but the situation has been made worse by the financial issue.Vie

The EU says its negotiators are working "might and main" on a deal, but the decision rests with US President Trump.

This week's U.S. trade agreement with Japan could provide a framework for a pact with the European Union, experts say.

Leaders from China and the European Union are now meeting at a summit in Beijing to mark 50 years of historic ties. Expectations were low after weeks of escalating tension and wrangling over its format, with the duration abruptly halved to a single day at Beijing's request.