Tunisian President central bank power grab could derail IMF bailout
The President of Tunisia, Kais Saied, wants to reduce the independence of the country’s central bank, Banque Centrale de Tunisie, in a move that threatens a much-needed…
Economy
Latest reporting and analysis on economy.
EU economy dragged down by recession in Germany
The European Union’s biggest economy is in trouble, as new figures reveal Germany has officially entered a period of recession that puts the country in “the…
Greenpeace claims EU-Mercosur trade deal is ‘poisonous’
Greenpeace activists on May 26 scaled the outside of the Residence Palace in Brussels, the seat of the European Council and European Union, spraying the building…
Record deaths among homeless people on the streets of Brussels
More homeless people died on the streets of Brussels last year than ever, according to a group dedicated to addressing homelessness and fatalities among those with…
German climate activists ‘should be labelled criminal organisation’
The well-known climate activists Letzte Generation should be regarded as a criminal group of “mafia-like clans” that threaten democracy and “merely wants to…
Italy flood toll rises to 14; 36,000 evacuated
The total number of victims for the flood in Emilia Romagna, in northern Italy, has risen to at least 14 registered deaths, while the number of the people who have…
Will von der Leyen get flagship ‘green deal’ approved before European elections?
Ursula von der Leyen now knows how long she has left to secure her flagship ‘green deal’ and make Europe the first climate-neutral continent by 2050.
EU and G7 set to clamp down on Russian diamonds
The European Union has promised to limit trade in Russian diamonds as part of a broader western clampdown
Crypto anonymity ‘no longer possible’ in EU
The anonymity deemed essential in the crypto universe will “no longer be possible” following the adoption of EU legislation on May 16, according to EU sources.
French nuclear alliance gains new members
French energy transition minister Agnes Pannier-Runacher on May 16 met with representatives of 15 European states as part of an expanding “Nuclear Alliance”…
Polish businesses ‘facing bankruptcy’ after Belarus border closure
A escalating spat between Poland and Belarus over an imprisoned journalist risks bankrupting Polish businesses, according to correspondence between the European…
Italians ‘prepared to strike’ over soaring cost of pasta
Profiteering pasta producers and war in Ukraine blamed for price spikes impacting Italian appetites
Turkey defers $600 million Russian energy payment
Turkey has deferred payment to Russia of a $600 million natural gas bill to 2024, two sources said on Wednesday, the first such postponement under a deal announced…
Baltic nations might bring forward cut-off from Russian power grid
Andrius Sytas Estonia, Latvia and Lithuania are considering speeding up a plan to disconnect the Baltic region’s electricity supply from Russia’s grid.
Italy’s birth crisis is shrinking school classes, minister says
Angelo Amante
Relief in Poland as ‘miracle’ EU methane compromise saves coal industry
Poland’s coal industry and the ruling conservative PiS government have breathed a sigh of relief at the European Parliament’s backing for lower methane emission…
Von der Leyen could lose European Parliament ‘green deal’ vote
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Potential US presidential candidate Ron DeSantis against new EU-wide trade deals; UK deal much more likely
Florida Governor Ron DeSantis does not appear a big fan of the EU’s way of doing business.
European Commission’s renewable energy drive contravenes Lisbon Treaty, says former official
The European Commission is violating the terms of the Lisbon Treaty through its drive for renewable energies and the green deal, claims one of the executive’s…
Spain pleads for EU support for farmers suffering ‘historic’ drought
The Spanish government is pleading for help from the European Commission as its farmers suffer a historic drought that looks set to destroy a large part of this…
EU prepares nuclear sanctions against Russia
The European Commission is working on the EU’s 11th round of sanctions against Russia in response to the war against Ukraine.
Brussels backs down: Commission approves restrictions on Ukrainian grain after central European spat
The European Commission said on April 19 that it will introduce restrictions on imports of Ukrainian cereals.
Dutch industry frets about cost of EU carbon market
The European Parliament on April 18 approved sweeping reforms to the European Union's carbon market in hope of bringing down emissions, though Dutch industrialists…
Gazprom says Europe set to struggle to fill gas storage for next winter
It will be very difficult for Europe to refill its gas storage to last year’s levels after the continent ended the winter heating season with relatively low stockpiles,…
Poland and Hungary defy EU on Ukrainian grain
Unilateral action on trade by European Union member states is unacceptable, a European Commission spokesperson said on Sunday, after Poland and Hungary announced…
EC President von der Leyen links China trade deal with Ukraine war as tensions escalate
European Commission President Ursula von der Leyen hinted at rewriting the EU’s market access agreement with China on March 30 in the latest sign of a shift towards…
EU joint purchasing push would concentrate power in hands of EC
Joint purchasing can seem an efficient solution to many problems facing EU Member States and their citizens.
Brexit: EU, UK in final push to get deal over the line
European Commission President Ursula von der Leyen travelled by Eurostar to London on February 27 to meet UK Prime Minister Rishi Sunak ahead of what is expected…
Russia sanctions evasion ‘massive’
Western sanctions against Russia have triggered large-scale evasion, according to Wopke Hoekstra, the Dutch Minister of Foreign Affairs.
Is ‘green’ legislation an excuse to put up trade barriers?
Is ‘green’ legislation an excuse to put up trade barriers?