Swedish Government pauses debt office’s ‘green’ guarantees for 2026
Sweden is pulling its guarantees for "green" credits in 2026, only limiting itself to already signed agreements.
Economy
Latest reporting and analysis on economy.
Brussels sells out Europe’s tobacco farmers and their 80,000 jobs to Beijing
The mask is off.
Spanish PM Sánchez tries to sell climate change spending as security investment
Spanish Prime Minister Pedro Sánchez is seeking to classify climate change spending, along with the management of emergencies and natural disasters, as defence…
No sign of EU reducing dependency on Russian LNG
Moscow’s tax take from the Yamal LNG project has constantly increased since Russia invaded Ukraine in 2022 despite claims that Europe has diversified away from…
More EU defence, but where is the money?
The European Union’s schoolmarm in chief, Ursula von der Leyen, has called her unruly charges together this week in Copenhagen, where she will rap knuckles and…
Poland detains Ukrainian wanted for allegedly blowing up Nord Stream pipelines
A Ukrainian has been detained in Poland in connection with the 2022 Nord Stream gas pipelines explosions.
Stellantis cut 10,000 jobs in Italy, amid broader factory shutdowns
Automaker Stellantis has cut 10,000 jobs in Italy over the last four years, continuing a wave of workforce reductions in industries across the European economy.
‘New EU tariffs on Asian steel will not fix problems at home,’ experts say
The European Union has announced a series of tariffs on steel coming from Asian countries, after the industry has been asking for support for months.
‘Outrageous’: Germany spends record €12 billion on climate protection abroad
Germany has contributed the record sum of € 11.8 billion for the fight against climate change in other countries last year.
Zurich bans petrol leaf-blowers – a European first
Keeping with the Swiss passion for peace and quiet the citizens of Zurich, Switzerland’s largest city, have voted in favour of banning petrol-powered leaf blowers.
Industrial giant Bosch shocks Germany with plans to cut 13,000 jobs
The Bosch group, one of Germany’s leading industrial players, has announced a far-reaching job cut programme.
Danish job market in green energy predicted to see big decline
Denmark’s "green" transition is facing a severe slowdown that threatens both jobs and investment.
Ukraine drone strikes force Russia to impose fuel export ban
Drone strikes on Russian refineries have forced Russian authorities to introduce a partial ban on diesel exports until the end of the year.
What did the UK get from Brexit? Here are 75 benefits of independence
One of the common cries from unreconciled Remainers in Britain is: “Can you give me just one benefit of Brexit?
Drug tariffs would create ‘worst of all worlds’: Europe pharma group
A European pharmaceutical industry group warned Friday that tariffs on medicines "would create the worst of all worlds", after US President Donald Trump announced…
ECB U-turn: Defence spending ‘now good for growth’
Defence spending can help growth if done correctly, according to the European Central Bank (ECB).
German political heavyweight warns of ‘loss of entire industries’ due to climate targets
A senior German politician has sounded the alarm about what he said would be the catastrophic effects of current climate policy on Germany’s industrial backbone.
Paris debt spiralling out of control, says auditors’ report
A new report by the Court of Auditors has eviscerated the Paris city management over the French capital's financial straits.
Will Hungary ever quit Russian gas?
US President Donald Trump says he may call his “friend” Hungarian Prime Minister Viktor Orbán to make him stop importing Russian energy.
Stellantis shuts down production in European plants due to weak demand
European car giant Stellantis will pause production in its European factories as it continues to struggle with poor sales.
‘Major strategic mistake‘ – CEO of BMW lashes out at EU ban on combustion engines
Oliver Zipse, CEO of German carmaker BMW, has spoken out harshly against the planned total ban for internal combustion engines (ICE) in new cars in the European…
French public TV in ‘critical financial situation’, warns the Court of Auditors
France Télévisions, the public broadcaster, is in "a critical financial situation that requires without delay structural reforms that have been postponed until…
China speeds up release of new technologies, while becoming more opaque to outsiders
China’s industrial rise appears to be rapidly speeding up–but the more China innovates, the less outsiders are allowed to see it.
France gives €65 million for urban mobility in Cameroon while its own buildings tumble
France's development agency is coming under fire for providing €65 million to finance an urban mobility programme in Cameroon's capital Yaoundé, at a time when…
Europe no longer export champion without cars, says Renault chief
The EU would lose its positive trade balance if stripped of car exports, French automaker Renault's vice-president Jean-André Barbosa warned during a conference…
Study shows Belgium needs eight new nuclear plants in ‘optimal scenario’
Opting for nuclear energy is the safest and cheapest option, according to Belgium’s Federal Planning Bureau (FPB), which has compared various energy scenarios…
Chinese rare-earths shortage hits EU industry hard
China’s export squeeze on rare earths is sending shockwaves through European industry.
Italy overtakes France in market confidence as bond yields converge
For the first time in modern eurozone history, Italy is borrowing on terms as favourable as France, signalling a remarkable reversal in investor perceptions.
Poland is the best partner for US, with strong army, shared values and vast energy
Poland and the whole of Central Europe are once again at the centre of the West’s strategic calculations: A region that chose sovereignty against globalist designs,…
Ryanair and Wizz Air cut Vienna activities due to ‘punitive aviation tax’
Irish low-cost airline Ryanair has announced it is moving three of its 19 aircraft based at Vienna airport to other countries and will close down three routes from…