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Added on the 13/03/2022 20:32:17 - Copyright : Euronews EN
German auto giant Volkswagen unveils a new budget electric vehicle, as the competition in the EV sector revs up. The ID. 2all model, with front-wheel drive and a range of up to 450 kilometres (280 miles), will be priced under 25,000 euros ($26,300) when it hits the European market in 2025, the manufacturer said. IMAGES
President of the European Commission Ursula von der Leyen says Russia is losing "around 160 million euros a day" from oil price cap. SOUNDBITE
French President Emmanuel Macron and German Chancellor Olaf Scholz meet at the Elysée Palace, in Paris, to discuss the firming up of joint industrial policies in the face of recent strains. The historic partnership has been under pressure from Russia's invasion of Ukraine, among other factors. The meeting between the two leaders is happening on the 60th anniversary of the Elysée Treaty which sealed the reconciliation between the countries on 22 January 1963. IMAGES
French President Emmanuel Macron and German Chancellor Olaf Scholz attend a presentation of Franco-German industrial projects at the Élysée Palace in Paris, before holding a joint council of ministers. IMAGES
The European Commission President, Ursula von der Leyen, sets out new sanctions to be imposed on Russia, including a cap on the price of Russian oil and new restrictions on the import of goods to the country worth 7 billion euros. SOUNDBITE
In Luxembourg, German Finance Minister Christian Lindner says it is not yet possible for the EU to cut Russian gas imports as a sanction against Moscow's invasion of Ukraine. SOUNDBITE
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