EC energy chief warns of ‘pretty tough’ summer ‘as Iran war drives up prices’
Jørgensen cautioned that air travel would become more expensive and that, in some cases, the bloc could even see flight cancellations as carriers struggle with…
Economy
Latest reporting and analysis on economy.
‘Build Chinese cars in Volkswagen plants,’ says Lower Saxony’s PM
The Minister-President of Lower Saxony has suggested that Volkswagen should consider allowing Chinese manufacturers to produce vehicles in underutilised German plants…
French energy giant Engie HQ searched in fresh twist to Dati EP alleged corruption probe
French anti-corruption police have searched the headquarters of energy group Engie, formerly GDF Suez, as part of an ongoing investigation into suspicions that the…
Lead by example: Suspend Strasbourg EP sessions and save fuel by staying in Brussels, say Dutch MEPs
A cross-party group of four Dutch MEPs has written to European Parliament President Roberta Metsola, calling for an immediate temporary end to the monthly relocation…
German airlines demand government step in to avert looming kerosene crisis
Germany’s airlines and airports are sounding the alarm as dwindling jet fuel stocks threaten to cause a collapse in air travel in the coming months.
Slovakia to block EU sanctions against Russia unless Druzhba pipeline reopened
Slovakia is ready block a new package of European Union sanction against Russia.
Wizz Air says had problems with jet fuel supply in Italy
Hungarian low-cost airline Wizz Air has encountered some jet fuel shortages at three airports in Italy, its chief executive said Friday, following warnings about…
France backpedals and cancels low-emission zones for cars
The French Senate has voted to abolish low vehicle-emissions zones (Zones à Faibles Émissions – ZFE), marking a significant reversal of a flagship green policy…
Twelve arrests in raid on suspected international drug-trafficking ring
Europol supported police authorities in Montenegro and Germany in an operation targeting an alleged Balkan drugs cartel.
Sweden thwarted 2025 pro-Russian cyber attack on thermal power plant
Sweden thwarted a pro-Russian cyber attack on a thermal power plant in mid-2025, the government said on Wednesday, saying the group behind it was linked to Russian…
‘Road maintenance overlooked in debates on CO2 emissions,’ say roadmakers
Poorly maintained roads are costing Europe billions, boosting emissions and endangering lives, according to industry leaders and policymakers.
UK approves German takeover of Telegraph newspaper
The UK government today gave the green light for German media group Axel Springer to buy British newspaper The Telegraph, ending a drawn-out pursuit of the 170-year-old…
Eni CEO calls for suspension of EU ban on Russian gas amid Middle East turmoil
Claudio Descalzi, chief executive of Italian energy major Eni, has urged the European Union to suspend its planned ban on Russian liquefied natural gas (LNG).
The piffle from von der Leyen: ‘The Union grows stronger’
Last weekend, on nearly opposite sides of the EU, two states revealed how the cumbrous juggernaut of the union is not working. No, sorry, cannot be made to work.
Soft democracy, no vote? Labour setting up UK to align with EU in string of sectors
Ministers in the UK Labour government are set to introduce a bill that would enable the country to align with evolving European Union regulations in selected areas…
‘Money pit’: EV write-offs of leading carmakers hit €60 billion in 2025
European and US automotive companies have had to write off almost €60 billion in investments in electric vehicle (EV) projects in 2025, according to a new study…
‘Expected decline’: Porsche sales plummet again
German carmaker Porsche has seen its sales drop again, with around 60,910 vehicles sold in the first quarter of 2026, a 15 per cent decrease compared with the same…
Is there a risk of a gas shortage in Europe this winter?
The European gas market is under pressure due to the geopolitical situation and low stock levels.
Official Dutch food advice: Eat less meat – for the planet
The Dutch official nutrition authority has unveiled a major update to its long-standing dietary guidelines.
France withdraws entire gold reserve from US
France has quietly finished moving the last of its gold out of the US and turned the operation into a very profitable deal.
Italy PM suggests suspending EU spending rules over Iran war
Italian Prime Minister Giorgia Meloni said today the European Union should consider temporarily suspending its strict spending rules if the Iran war and the resulting…
Germany rakes in €500 million extra from fuel tax in March – but still no tax cuts
The rocketing prices for petrol and diesel are proving a boon for Germany's finance minister.
Fuel crisis: Governments and private sector profit while workers pay price
The European Union is witnessing growing fuel chaos as a temporary ceasefire in the Iran conflict, and the partial reopening of the Strait of Hormuz briefly eased…
Opposition leader says personal income tax in Spain can drop if government would steal less
Alberto Núñez Feijóo, leader of Spain’s main opposition People’s Party (PP), has promised to cut personal income tax from the first year of a future PP government.
Jet fuel recovery to take months even after Hormuz reopens, warns IATA
The head of the International Air Transport Association (IATA) has cautioned that global jet fuel supplies are unlikely to return to normal for several months, even…
Polish President Nawrocki demands PM Tusk sues EU over Mercosur
The opposition Conservatives (PiS)-allied President Karol Nawrocki wrote to Prime Minister Donald Tusk demanding the immediate filing of a complaint against the…
Polish Government accuses opposition over crypto currency market turmoil
Crypto currency exchange platform Zondacrypto is under pressure after reports of a 99-per cent drop in its Bitcoin reserves.
Against nuclear power: The most successful brainwashing campaign in modern history
I usually do not write about my home country, Austria, but today I want to make an exception.
Former German finance minister claims nuclear phase-out ‘has not harmed the country’
Peter Altmaier, a former German finance minister, former economy minister and a chief architect of Angela Merkel’s energy policy, claimed Germany’s decision…
Brussels court rules Poland must pay for unclaimed Covid vaccines
A Belgian court ordered Poland to pay €1.3 billion for an undelivered shipment of Covid-19 vaccines in a lawsuit filed by US pharmaceutical giant Pfizer.