European wildfires cause up to €19.1 billion in damage
More than 530,000 hectares have burned in EU countries so far in 2026, putting the season on pace with 2025, when 1.08 million hectares were lost across the bloc.
Economy
Latest reporting and analysis on economy.
Men connected to death of French streamer get suspended prison sentence and digital ban
Both were also ordered to refrain from streaming platforms for six months, an unusual judicial “bannissement numérique.”
German minister sees electricity price relief only in the 2030s
"We are ending the EEG as an all-round, worry-free package," Reiche said in Berlin, adding that over-subsidisation would be abolished.
US states sue Trump administration over tariffs hitting EU exporters
The 10 per cent duty on European goods is part of a forced-labour action the plaintiffs call a pretext for reviving levies the courts have already rejected.
High microplastic levels found near Turkish recycling hub handling British plastic waste
Pellets, films and fragments characteristic of recycling waste were identified exclusively downstream.
Germany prepares secret plan for electricity shortage for ‘several days to weeks’
The agency, acting as federal load distributor, can then order reductions or temporary halt of consumption with notice of 24 hours to three days.
German industry losing 15,000 jobs a month
High energy costs, bureaucracy, skilled-labour shortages and external pressures, including US trade policies and Chinese market distortions.
Wind farm cables triggered huge wildfire in Greece
The blaze began on Friday morning near Agios Vasileios in the Boeotia region at a site known as Mavro Spithari.
Danube drought shuts Hungary’s only nuclear plant as Brussels weighs emergency talks
The European Commission has said it stands ready to convene emergency electricity talks after Hungary lost nearly half its generating capacity.
European Commission opens bidding to build seven AI gigafactories
Brussels is betting €10 billion of public money will draw in twice as much private capital for European computing power.
Australian regulator says Telegram breached online safety law
Australia's eSafety Commissioner has filed court action against Telegram for failing to remove pro-terror content, risking a penalty of AU$54.6 million.
Trump unveils rebuild of Washington’s Dulles airport
The 10-year programme would retire the mobile lounges that have shuttled passengers since 1962 and hand the bill to airlines and bondholders.
BMW joins Germany’s car industry cuts with 8,000-job reduction plan
The Munich-based manufacturer plans to reduce its global workforce by around 8,000 positions by the end of 2027, with most of the cuts expected to come from Germany…
European Commission opens interest-free loan scheme for electric vehicle battery makers
Applications for the Battery Booster Facility close on September 30, with a ceiling of €500 million per project.
Merz demands hundreds of billions in cuts to next EU budget
The German Chancellor used a visit to Dublin to harden Berlin's line as Ireland takes charge of the negotiations on the 2028-2034 spending package.
Google rivals line up damages claims after first EU digital markets fine
Lawyers and litigation funders say the European Commission ruling has handed price comparison sites fresh ammunition in courts across the bloc.
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Polish president blocks windfall tax on fuel companies with court referral
In the Nawrocki's view, the legislation violates the constitutional principle that laws should not apply retroactively.
France passes worst fire season on record as arson arrests mount
Prime Minister Sébastien Lecornu said nine out of 10 blazes were started by people, as the European Commission sent further aircraft to the Gironde.
Lyon-Turin railway clashes cause €1 million in damage
Clashes over the Lyon-Turin railway line resulted in one million euros in damage, with Prime Minister Meloni condemning the violence and highlighting injuries among…
France and Germany seek joint line on EU car rules and European content
Paris and Berlin have promised a common position on the bloc's automotive package and its "Made in Europe" requirements by the end of summer.
Energy prices tumble across Europe as US and Iran pause strikes
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ECB puts new euro banknote designs to a public vote
Europeans have until September 21 to give their views on ten shortlisted proposals, though the final choice rests with the bank's Governing Council.
US House votes to end Iran war as oil price tops hundred dollars
Four Republicans joined Democrats to rebuke President Donald Trump, though a binding measure failed in the Senate hours later.
China’s Geely to build electric SUVs at Ford’s struggling Spanish plant
The Valencia factory currently produces only the Kuga and has been operating well below its full capacity, making the partnership important for its long-term future.
EU states win power to confiscate and sell Russian oil cargoes
The measure closes a legal gap that has forced European authorities to release every detained shadow-fleet tanker with its crude still on board.
ECB leaves rates on hold as renewed Iran war clouds inflation outlook
Christine Lagarde said the full inflationary impact of the energy shock had yet to play out.
EU fines Google €890 million, risking US fury
The EU has fined Google €890 million for violating competition laws by favoring its services over rivals, a decision that could worsen US-EU relations.
Cleaner air may be driving Europe’s increasingly intense heatwaves
Researchers found that the reduction in European sulphate emissions altered temperature patterns between different parts of the Northern Hemisphere.
Porsche to cut up to 6,000 jobs amid deepening crisis
In previous years these bonuses and special payments could reach several thousand euros when the company was performing strongly.
Trump approves landmark nuclear deal with Saudi Arabia
The agreement is expected to be submitted to Congress for review and could be worth tens of billions of dollars for the US nuclear industry.