Why do EU farmers prefer trade deal with India over Mercosur?
The European Union and India signed a free trade agreement and, unlike the bloc’s deal with South America's Mercosur, it has not trigger protests or backlash from…
Economy
Latest reporting and analysis on economy.
Global wine crisis hits Europe hard, especially France
The global wine crisis of falling demand is hitting hard in Europe, particularly France, where the government has launched a pay-out scheme to encourage wine makers…
EU only whispers it, but ‘uncapped mobility’ for Indians is key in trade deal
While the European Union hails its freshly inked Free Trade Agreement (FTA) with India as a "historic milestone" for economic prosperity and resilience, Indian officials…
Powerful India now ‘indispensable’ to fading Europe
The images from New Delhi this week offer a master class in geopolitical theatre.
Business wing of German CDU demands end to EU’s net zero commitments
An influential pro-business group within Germany’s conservative Christian Democratic Union (CDU) is pushing for an overhaul of the country's climate policy, which…
Volkswagen CEO may pull plans for new US plant unless tariffs cut
The chief executive of German automotive behemoth Volkswagen Group says his companies will have to scrap plans for a new production plant in the US unless tariffs…
Canada drops free trade deal with China after US tariffs threat
Canada’s centre-left Prime Minister Mark Carney has said his country will not pursue a trade deal with China following a threat of huge retaliatory tariffs from…
Polish finance minister says Poland ‘will not adopt euro’
Poland's finance minister said the country's economic boom that has seen Warsaw perform better than most Eurozone economies means there is no good reason for it…
Trump in Davos: Inflammatory rhetoric, strategic policy signals
When President Donald Trump took the stage at the World Economic Forum in Davos on January 20th, he delivered a speech that was characteristically bombastic, tangential,…
Zelensky’s former top aide charged on multi-million euro ‘green’ embezzlement allegations
Ukraine's anti-corruption authorities have charged a former senior aide to President Volodymyr Zelensky with embezzlement and money laundering in a scheme tied to…
German steel output plunges to 2009-crisis lows
Germany’s steel sector has recorded its bleakest performance in more than 15 years, with crude steel production in 2025 falling to just 34.1 million tonnes.
No European winter electricity without nuclear, says Austrian grid manager
A senior figure in Austria's power sector has highlighted Europe's ongoing dependence on nuclear power to maintain electricity supplies during winter months.
Germany can no longer afford purity: Berlin reroutes to Russia
When Friedrich Merz speaks twice of reconciliation with Russia shortly after a strategically important visit to India, it is not a slip of the tongue. It is a signal.
MEPs send Mercosur deal to EU court, possibly postponing it
The European Parliament has voted to refer the European Union-Mercosur trade agreement to the Court of Justice of the European Union (CJEU) for an opinion on its…
Slovak PM condemns ‘stifling’ EU competitiveness in scathing letter to von der Leyen
Slovak Prime Minister Robert Fico has sent a sharply worded open letter to European Commission President Ursula von der Leyen, criticising the European Union's approach…
Updated: Renault to start long-range military drone production at two plants
French automobile maker Renault is reportedly starting production of long-range drones for military use at two of its plants in France.
Germany to bring in subsidy of up to €6,000 for electric-car buyers
The German Government is preparing to bring back high subsidies for electrical vehicles (EVs).
Turkey lobbying to get ‘Made in Europe’ car label
Turkey is lobbying Brussels to be included in a future “Made in Europe” car label, according to industry figures and European Union officials.
Scientists question alarming claims of microplastics in human bodies
A wave of alarming headlines about microplastics and nano plastics accumulating in human brains, testes, placentas and arteries may have been built on shaky scientific…
Russia takes over assets of Polish-US packaging giant
Russia’s authorities have taken control of Polish-US aluminium packaging company Canpack operations in Russia as well as Danish insulation giant Rockwool.
German tax revenue jumps to €1bn record high as economy languishes
The combined tax income of Germany’s federal administration, its states and municipalities surpassed the mark of €1 billion for the first time ever last year,…
Germany’s shut down of nuclear plants a ‘huge mistake’, says Merz
Germany’s decision to shut down all its nuclear power plants was a “huge mistake” and has come at a high cost to the economy, Chancellor Friedrich Merz said…
Russian energy ban depends on EU members’ choices not EC, says Energy Commisisoner
European Commissioner for Energy and Housing Dan Jørgensen said European Union nations — not the EC — ultimately hold the power to stop buying Russian energy.
EU replaces China EV tariffs with a ‘price floor’. Who benefits?
Replacing tariffs on Chinese electric vehicles (EVs) with a minimum price system would lower consumer prices while raising margins of European manufacturers and…
Central bank chiefs voice ‘full solidarity’ with US Fed, Powell
The heads of major central banks have thrown their support behind the US Federal Reserve and its chairman Jerome Powell, saying in a joint statement Tuesday that…
Mercosur governments say agriculture agreement may need re-negotiating
Despite celebrations and lamenting in the European Union over Brussels’ approval of the bloc’s trade agreement with South American trade group Mercosur, the…
Kyiv Mayor urges evacuation to find warmth as infrastructure war escalates
Kyiv Mayor Vitali Klitschko has called on residents to temporarily leave the Ukrainian capital for places with alternative sources of electricity and heat.
EU imports of Russian LNG gave Moscow €7.2bn in 2025
European Union imports of Russian liquefied natural gas (LNG) generated an estimated €7.
Turkey’s electric-car sales hit record in 2025, topping several EU countries
Turkey’s electric vehicle (EV) market reached a record level in 2025, with nearly one in six new cars sold being fully electric.
China-EU trade up 5% in 2025, despite disputes
Trade between China and the European Union increased by around 5 per cent in 2025, even as political tensions and regulatory disputes between the two sides continued…