President Donald Trump has given everyone at Davos something to talk about with his actions on the first day of his second term.

The European Union is working on a proposal for bloc-wide purchase incentives for electric vehicles to support the bloc’s struggling automakers, German Chancellor Olaf Scholz said Tuesday.

Spain’s Prime Minister Pedro Sanchez said the EU should put an end to anonymity of users in social media platforms and hold their CEOs personally accountable if they fail to comply with the bloc’s regulations.

But with Trump preparing to rip up federal regulation and rethink the parameters of government action, the EU’s moves look altogether more tentative. “The engagement is not to deregulate, but to simplify,

Maros Sefcovic also said relations with the UK were "improving", and said he had the number of British counterpart Nick Thomas-Symonds "on speed dial".

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.

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.

The World Economic Forum has held a meeting every year since it was founded in 1971. But why is Davos, as it is commonly known, so significant? View on euronews

The UK re-joining the Pan Euro Mediterranean Convention is up for discussion in reset talks, says Maros Sefcovic.

The U.K. is prepared to announce new measures to ensure it meets its fiscal rules in March, Treasury Chief Rachel Reeves said Thursday. The left-of-center Labour Party set out its new rules in October, including a pledge to borrow only for investment and not to pay day-to-day bills by the fiscal year ending March 2030.