Europe has forgotten how to build
In 1969, Switzerland’s Beznau plant went online after roughly four years of construction. France built its nuclear fleet in the 1970s on a similar schedule.
Category
Economy
Latest reporting and analysis on economy.
‘Green’ electric Ferrari hated by car enthusiasts
European orders are due to open later this year, with US deliveries scheduled to begin in the second quarter of 2027.
European Commission seeks Berlin’s backing for tougher China trade line
The push has come as Germany's long-standing reluctance to confront China has appeared to soften.
Spain doubles down on €9 billion green push, leaves blackout questions unanswered
"The energy revolution can't be just for those who can change cars, put up solar panels on their roof or renovate their homes without subsidies," Sánchez said.
Tram hits self-driving bus on first day of passenger service in Gothenburg
The vehicle has been taken out of service for inspection.
Trump tempers hopes of imminent Iran deal as Hormuz blockade holds
The US president said talks with the Islamic Republic were progressing "in an orderly and constructive manner".
Pope Leo XIV urges ‘fast from AI’ in first encyclical
The first US pope presented ‘Magnifica Humanitas’ (‘Magnificent Humanity’) in person at the Vatican, alongside AI experts.
Germany’s housing crisis deepens as new apartment completions fall to a decade low
The country faces a significant structural housing deficit, estimated at between 550,000 and over 700,000 units.
IMF urges France to rein in public spending and accelerate fiscal consolidation
In assessment of the country, the Fund noted that France's public spending reached the highest level in the euro area.
Greenland now: US control or not?
In the global competition for natural resources, the United States is still seeking to increase its influence in Greenland.
Poland’s Senate rejects Nawrocki bid for referendum on EU climate policy
The power to approve or reject presidential requests for a referendum is one of the few definitive powers of the Senate.
Airbus and Air France convicted over 2009 Rio-Paris crash
The Paris Court of Appeal ruled today that the airline and the European aerospace manufacturer were "solely and entirely responsible for the crash of flight AF447".
EU’s Spring 2026 Economic Forecast sees growth down, inflation up
The Commission noted weaker private consumption and investment, compounded by persistent structural problems.
The rare miracle of order
We live in a world of daily miracles: Walk up to an automated teller machine almost anywhere in the world, insert a card, type four digits, and a small mechanism…
Eurozone business activity shrinks further in May
Business activity in the eurozone contracted further in May, weighed down by weak demand caused by the Middle East war, a key survey showed Thursday.
EP backs renewal of EU fisheries deals with Cook Islands and São Tomé
The two protocols will secure access for European tuna boats and surface longliners in exchange for financial contributions.
EU top diplomat Kaja Kallas calls China a ‘cancer’
The former Estonian prime minister has repeatedly drawn criticism for undiplomatic language, particularly towards Russia.
UK allows Russian-derived fuel imports as North Sea drilling ban stands
According to the Department for Business and Trade, the carve-out applies indefinitely.
Brussels mayor faces pressure over ‘largest’ US Fourth of July celebration in Europe
Philippe Close has come under mounting pressure over plans to host what the US Embassy has described as the "largest Fourth of July celebration outside the United…
EU accepts Trump tariff pact with conditions and dodges latest threat
The compromise covers two regulations applying the EU tariff reductions set out in the EU-US Joint Statement.
Putin meets Xi in Beijing days after Trump visit
Trade between the two countries has expande.d considerably since Russia's full-scale invasion of Ukraine in 2022
Iran war squeezes EU jet fuel as airlines cut flights
Brussels says stocks are under pressure as Lufthansa axes 20,000 short-haul services and airports warn of a systemic shortage.
EP backs tighter screening of Chinese and Russian investment in EU strategic sectors
The sectors covered include defence, financial services, semiconductors, telecommunications, transport and raw materials.
Buy European: Sweden orders €4 billion worth of frigates in France
Sweden has selected France’s Naval Group to supply four new frigates in a major defence contract worth approximately €4 billion, marking one of the largest military…
EU expects to give green light ‘very soon’ on first €90 billion Ukraine loan payment
"The negotiations are going very well. Give us a bit more time and we hope to be able to give the definitive green light on this front very soon".
Green failure: Germany’s renewables boom leaves it generating less electricity than in 2000
Most of the new capacity, though, came from heavily subsidised renewable energy plants, especially photovoltaics and wind turbines.
EU renews sanctions on former Assad regime and lifts curbs on Syria’s interior and defence ministries
EU foreign ministers signed off on the changes at a meeting in Brussels, the Council said.
Belgian giants still in Russia five years on, pressure builds as explanations wear thin
Five years after Russia launched the full-scale invasion of Ukraine, some of Belgium's most prominent multinationals remain active in the country.
Germany set to miss 2030 climate target
Europe's largest economy has committed by law to cutting emissions by 65 per cent on 1990 levels by 2030.
Shakira wins €60 million tax battle as Spanish court rejects 2011 fraud case
In a statement, the singer said there had "never [been] any fraud" and expressed relief after years of what she called sleepless nights and reputational damage.