Bulgaria joins the Euro next week amid domestic scepticism
With Bulgaria set to adopt the Euro on January 1, 2026, many of its citizens — especially in poorer and rural regions — fear the change of currency could further…
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Economy
Latest reporting and analysis on economy.
‘Massive’ Russian strikes hit Ukraine energy sites in pre-Christmas attack
Large-scale Russian strikes killed at least three people and cut power to thousands in freezing winter temperatures across Ukraine on Tuesday, officials said, as…
Analysis: Europeans start to rebel against the prospect of conscription
Blunt warnings that Europeans may not be able to avoid conscription have begun to trigger the first signs of open resistance across the continent.
Germany’s next generation will be poorer without large-scale reforms, says economics minister
Germany's Economic Affairs Minister Katherina Reiche says her country's next generation will be poorer than the present one unless Germans started to work more hours.
US LNG exports to Europe surge, raising risk of new dependency
Europe bought record volumes of liquefied natural gas (LNG) from the United States in the last months of 2025, raising the question as to whether the continent is…
Once Kyiv burns through its €90bn, will EU float another loan to keep it in fight?
Hallelujah, we have an agreement to keep Ukraine solvent!
Belgium wins battle over Russian assets, EU to lend Ukraine €90bn instead
European leaders have decided to loan €90 billion to Ukraine over the next two years using their own means instead of frozen Russian assets.
EU-Mercosur deal postponement gets mixed reaction after farmers’ protests
The signing of a trade deal between the European Union and South American bloc Mercosur will be postponed to January, officials said, after farmers staged a show…
Farmers cause chaos in Brussels again
Smoke and the sound of horns filled Brussels’ European quarter today.
Cost of European goods for US consumers up 30% in a year
European goods have become around 30 per cent more expensive for US consumers over the past year.
Farmers set to descend on Brussels in Mercosur protest
Thousands of farmers are to take to the streets of Brussels to protest European Union plans for a trade deal with South American bloc Mercosur and reforming agricultural…
‘Phase out of Russian gas is too little, too late,’ campaigners say
European plans to get rid of Russian gas have left campaigners lukewarm, calling the target date too distant.
Former head of ESM foresees drastic loss of prosperity for Germans
The former head of the European Stability Mechanism (ESM) Klaus Regling has warned Germans they will be facing unforeseen losses of wealth and prosperity.
German ‘car capital’ in dire straits as automotive sector crisis intensifies
The city of Stuttgart in southwestern Germany might be facing insolvency.
EU vows to stand firm on US tech regulations despite Trump’s ‘alcoholic’s personality’
The European Union insisted it will keep enforcing its tech regulations "without discrimination", after the US threatened retaliation over the bloc's actions against…
Ford drops electrical vehicle strategy on lack of demand, writes off €16.6 billion
US carmaker Ford has announced far-reaching changes to its electrical vehicle (EV) strategy.
European Commission looks set to drop 2035 ban on new petrol and diesel cars
The European Commission looks set to scrap a landmark 2035 ban on new petrol and diesel cars, as part of a package of reforms aimed at supporting Europe's embattled…
Greece repays €5.29 billion early under first bailout loan
Greece completed an early repayment of €5.
Spain fines Airbnb €64 million for posting banned properties
Spain's leftist government said Monday it had fined Airbnb more than 64 million euros, notably for posting listings for banned rental properties, at a time the country…
EU Finance Ministers seal deal on €3 duty on cheap Chinese parcels.
European Union Finance Ministers today struck an agreement to impose a flat €3 customs duty on small e-commerce parcels valued under €150 entering the bloc,…
Offshore wind farms produce much less energy than projected, study finds
A landmark study published in Cell Reports Sustainability has cast serious doubt on the ambitious targets set for offshore wind energy.
Polish doctor’s late abortion case dropped, right-wing MEP on trial instead
Poland’s prosecution service has dropped a criminal investigation of a doctor who carried out an abortion on a woman who was in the ninth month of pregnancy.
Russia sues European banks over billions in frozen assets
Russia’s central bank and several Russian billionaires have launched legal actions to recover their frozen assets in Europe.
As Europe roars against Russia, India doubles down on Moscow
Vladimir Putin lands in Delhi. Narendra Modi greets him with full honours.
German economy will continue to struggle with minimal growth, say leading institutes
Germany’s economy is expected to expand only modestly over the next three years, as structural obstacles, global trade pressures, and cautious private investment…
French court liquidates appliance giant Brandt, 700 jobs to go
The French court pulled the plug on Brandt, the century-old appliance maker once seen as a pillar of national industry.
Industry leaders warn EU over sweeping tobacco tax hikes
A coalition of international tobacco sector companies, including packaging, transport and agriculture, has issued a strong warning to the European Commission.
ECB says EU has ‘adapted faster’ than expected to US tariffs
The European Union has “adapted quicker” than expected to the US tariffs shock, according to European Central Bank (ECB) executive board member Isabel Schnabel.
‘EU is trying to export its disastrous economic model,’ warn US lawmakers and industry
US lawmakers and industry groups are intensifying criticism of the European Union’s Corporate Sustainability Due Diligence Directive (CSDDD).
Allied military support for Ukraine at lowest level since war started
Europe’s military assistance to Ukraine is losing momentum, with new allocations in 2025 on track to fall to their lowest level since Russia’s full-scale invasion…