Wilders: Cut spending on climate policies and Ukraine to fund tax cuts
Dutch hard-right leader Geert Wilders called on his country's government to cut spending on climate policies and the Ukraine war to fund tax cuts.
Finance
Latest reporting and analysis on finance.
Swedish debt collectors begins seizures at doomed green-tech Northvolt
'Green' darling Northvolt faced seizures by the Swedish Enforcement Authority, Kronofogden, the country's debt collector, over unpaid bills.
EU ‘should have its own regulator-friendly X, TikTok and Instagram’ : Habeck
The European Union should have its own regulator-friendly equivalents to X, TikTok and Instagram, according to the candidate for chancellor of Germany's Greens.
Austrian coalition negotiators send Brussels their planned budget cuts to avert deficit procedure
Representatives of Austria's emerging right-wing coalition government have sent a letter to the European Commission outlining measures they will take to reduce the…
EU hands €3bn to Ukraine in loan backed by seized Russian assets
The European Union has sent €3 billion to Ukraine in the form of a cash loan that is to be repaid via seized Russian assets.
Greece: corrupt elites bring a nation to its knees, Brussels beware
The numbers from Eurostat’s 2024 report are indisputable and grim: While politicians spin tales of recovery and progress, the cold, hard data tells a very different…
France’s borrowing rates soar as financial problems spook investors
Investors seem to growing increasingly anxious over France's financial situation.
Eurozone’s third-straight inflation rise ‘reveals faltering economy’
Eurozone inflation has hit 2.4 per cent on an annual basis in its third straight increase.
Record job losses for Belgium in 2024
A record 27,187 people lost their job in Belgium in 2024: the highest number of redundancies in a year ever.
Belgium, without a government, asks EC for another budget plan delay
Belgium has asked the European Commission for a new delay on its obligation to present a budget plan as coalition talks drag on.
New EU crypto rules ‘driving out big coin players’
The European Union's new crypto rules, the Markets in Crypto-Assets Regulation (MiCA), have triggered fears customers could become exposed to riskier alternatives…
The EU in 2025: A union at the crossroads of chaos
The year is 2025. Europe’s grand experiment is not looking so grand anymore.
Germany ‘entering longest economic slump since WW2’
A forecast by the Handelsblatt Research Institute (HRI) has predicted that the German economy is set to suffer a third consecutive year of recession, something not…
Ex-commissioner Breton: ‘If we carry on like this, France will sink’
Thierry Breton, former European Commissioner for the Internal Market, has issued a stark warning regarding France's economic outlook, urging the swift appointment…
Danish pension fund facing huge loss from any Northvolt bankruptcy
Denmark’s biggest pension fund, ATP has been left facing the painful consequences of "green" darling Northvolt's feared bankruptcy - €308 million is on the line.
Cold Christmas for employees at Austrian motorcycle giant KTM as production comes to a halt
The crisis at Austrian motorbike manufacturer KTM is worsening, with the company unable to pay its 6,000 employees the previously promised November and December…
Moody’s hands France surprise downgrade over deteriorating finances
Credit ratings agency Moody's unexpectedly downgraded France's rating on Friday, adding pressure on the country's new prime minister to corral divided lawmakers…
Bosch, ‘absolutely unbearable,’ to cut up to 10,000 jobs as German economy slows
German industrial giant Bosch will lay off thousands more employees than it had already announced, it said on December 11.
‘Keep cash at home due to geopolitical threat’, Dutch banks warn
Dutch Banks will advise people to keep cash at home because of the tense international situation, a spokesperson of the Dutch Banking Association (NVB) has said.
ECB’s Lagarde sees weak growth, dominated by downside risks
Eurozone economic growth could be weaker in the months ahead and the medium-term outlook is uncertain with downside risks dominating, European Central Bank President…
In France the helicopter air-drops of fresh cash are over
In one of his Letters from Paris published many years ago in the New Yorker, Adam Gopnik observed that the French suffer from what he called a “White Helicopter”…
Europe’s biggest motorbike producer faces insolvency
KTM, the Austrian motorcycle manufacturer, is facing insolvency and will apply for restructuring in accordance with the Austrian Insolvency Act.
French and German interest rates spread highest in more than a decade
International markets appear to be increasingly weary of potential political instability in France, pushing up interest rates.
Banks take fright as Marxists take power in Belgium
Banks are refusing to finance cash-strapped towns in Belgium's French-speaking south as avowed Marxists take power in local government.
Outdated software running Germany Inc goes for easy protection not innovation
Christian Democratic Union (CDU) leader and likely future chancellor Friedrich Merz is sidling cautiously up to the debt brake issue that just demolished the traffic…
Half of Austrian companies consider leaving as competitiveness nosedives
More than half of Austria’s bigger companies are said to be considering moving their business abroad, according to a new study
Stock markets rally after historic Trump victory
International markets have reacted positively to Donald Trump's return as President of the United States, with numerous major indexes rallying on the morning of…
Tax fraud investigators search Netflix offices in Paris and Amsterdam
Investigators searched the offices of U.S.
Russia fines Google €18 decillion for YouTube restrictions
Google has been fined an astronomical sum, exponentially greater than global GDP, for refusing to restore accounts of pro-Kremlin and state-run media outlets.
Europe’s small arms companies struggle for cash despite military spending boom
Europe's small and medium-sized defence companies are struggling to access finance needed to drive innovation and grow production lines even as demand soars due…