Lack of housing set to end Spain’s economic ‘supercycle’
Spain's so-called supercycle of economic growth is predicted to slow next year as a much-needed housing boom remains elusive, a new study shows.
Economy
Latest reporting and analysis on economy.
Dutch bank ABN Amro to cut 5,200 jobs by 2028 in AI-driven overhaul
ABN Amro, the State-backed Dutch lender, has unveiled plans to slash 5,200 full-time positions – nearly a quarter of its workforce – by 2028.
German climate activists to pay hefty damages for airport blockade
In a landmark ruling, the Hamburg Regional Court has ordered 10 members of the climate activist group Last Generation to pay more than €403,000 in damages to the…
EU mulls joint borrowing instead of seizing Russian assets amid growing risks
The European Union is weighing joint borrowing mechanisms to bolster financial support for Ukraine in 2026 and 2027 amid mounting obstacles to its preferred but…
Belgian Government agrees on budget after months-long battle
The Belgian Government, which was on the brink over difficult budget talks, has after months of infighting found an agreement on raising almost €10 billion in…
How EU regulatory maximalism undermines continental rearmament
The European Union continues to face a fundamental contradiction that threatens continental security.
State-owned bank Belfius pulls plug on Brussels region
Belgian State-owned bank Belfius has said it no longer wants to work with the Brussels Capital Region, citing the region's budget problems.
‘Spain’s electricity grid fast approaching saturation,’ warns power group
Limited capacity to connect new projects to the domestic electricity grid is costing Spain.
‘Don’t worry, we won’t poison you,’ Brazil tells EU
Brazil has told the European Union not to fear Mercosur imports, dismissing claims its products will “poison” the bloc's markets.
Euronext takes control of Athens Stock Exchange
Pan-European exchange operator Euronext has clinched a majority stake in the Hellenic Exchanges – Athens Stock Exchange (ATHEX), the operator of Greece's historic…
EU proposes to loosen AI and data privacy rules, cut cookie banners
The European Union executive proposed rolling back key artificial intelligence (AI) and data privacy rules as part of a push to slash red tape and help Europe's…
India’s Bajaj Auto takes over KTM, Europe’s biggest motorcycle maker
Indian automotive group Bajaj Auto has gained control of KTM, Europe’s biggest producer of motorcycles.
German electricity system not ready for surge in demand, says report
Germany’s electricity system is struggling to keep up with rising industrial demand and fluctuations from renewables output.
EU struggling to renew its ageing farming workforce
Europe’s farms are facing a growing generational crunch.
China’s climate envoy humiliates the EU
The European Union came to COP 30 in Belem confident that it could supplant the absent Americans and lead the world with the example of its own plans to achieve…
Brussels budget minister warns total shutdown a real threat
The Brussels region's new budget minister Dirk De Smedt has warned that a full shutdown of public services is a real threat as the region is struggling to find money.
Airbus scores major contract with Dubai low-cost carrier for 150 jets
European aircraft producer Airbus has announced the signing of a major contract with Flydubai, a low-cost airline headquartered in the United Arab Emirates (UAE).
The British establishment says Brexit is failing but they only offer zombie statistics
“Be wary or there’ll be woe Know your friend from your foe.”
Austrian Government to outlaw ‘shrinkflation’ but inflation stays high
The Austrian government said it will introduce measures to curb so-called "shrinkflation".
Democracy slowing down Europe’s rare earth Cold War fight
Europe is losing the rare earths “Cold War” and one of the problems is democracy, an industry conference heard today.
Greenpeace says French uranium being sent to Russia
The Greenpeace environment group said Sunday that France was sending reprocessed uranium to Russia for treatment so it can be reused, despite the Kremlin's war in…
‘EU falling further behind China in electrifying factories’, says EC energy chief
Factories in Europe remain largely powered by gas, while China is rapidly switching to electricity.
China clamps down on exports of non-restricted materials, analysts warn
China is tightening its grip on materials Europe needs for sensitive technologies such as defence, despite those materials not being officially restricted.
Controversial EU-backed lithium mine in Serbia put on hold
Mining giant Rio Tinto has quietly placed its €2.95 billion Jadar lithium project in western Serbia on indefinite “care and maintenance".
French budget boosted by early debt repayment by Greeks
French budgetary woes have received some unexpected relief from an unlikely benefactor: Greece, once seen as the black sheep of the eurozone.
Von der Leyen’s (Anti-)Democracy Shield is an attempt at silencing dissent
It’s the European Commission’s latest dystopian invention—the so-called European Democracy Shield.
With the bridge, Salvini seeks to revive Italy’s Lega party
When Italy’s prosecutors temporarily blocked construction of the bridge connecting Sicily with the mainland on October 29, the decision immediately shook the government.
Energy-hungry European industries ‘dying’, top bank chief warns
Energy-hungry industries Europe are effectively "dying" as rising energy prices, the flood of cheap goods from China and the side effects of climate policies make…
Hungary to sue EU over ban on Russian gas imports
Hungarian Prime Minister Viktor Orban said today that his government would take the European Union to court over its decision last month to phase out Russian gas…
Google bows to EC pressure, changes its ‘ad-tech’ operations
Google has announced changes to its advertising services to avert the risk of a break-up, two months after Brussels hit the US giant with a huge fine.