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.
Economy
Latest reporting and analysis on economy.
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…
Trump that: Equity giant Blackstone main player in record €172 billion US investment in UK
US private equity giant Blackstone said it planned to invest £90 billion (€103.7 billion) in UK projects over the next decade.
America’s policy of ‘containing’ China is on the brink
The scenario that Brussels Signal warned about half a year ago in this very column seems to be coming to pass, with Pentagon leaks suggesting that an epochal shift…
Labour shortage meets unemployment: EU wants more cash and more training
Europe has millions of job openings but also millions of people still out of work, the European Commission said.
Switzerland’s biggest bank UBS threatens to shift HQ to US
Switzerland’s biggest bank says new rules at home could push it abroad.
German SDP wants to jack up estate taxes for families
Germany’s Social Democratic Party (SPD) is pushing for more tax revenue from estate taxes.
Ford to slash 1,000 jobs in Cologne due to weak electric car demand
Ford Motor Company has announced plans to cut 1,000 jobs at its Cologne plant in Germany, with the reductions set to begin in early 2026.
Russia plans 38 new nuclear reactors, meanwhile Germany goes ‘green’
Russia has announced plans for a major buildout of its nuclear energy capacity.
Belgium last EU country to end lifetime entitlement to unemployment benefit
Belgium has put an end to unlimited unemployment benefit.
Renewed euro crisis? French debt at €3.3 trillion must be focusing minds in Frankfurt
Engineers know that system stability requires a capacity to manage unexpected accidents.
Netherlands to end ‘perverse’ carbon emission tax
The Dutch caretaker government is preparing to dismantle its controversial carbon emissions tax on major industrial companies, using a legal workaround to avoid…
De-throne Von der Leyen: Will Left and Right support each other’s confidence motions?
Two censure bids landed within hours of European Commission President Ursula von der Leyen’s State of the Union speech.
EC quietly downgrades Green Deal
The European Commission has quietly scaled back parts of its flagship Green Deal, softening the emphasis on climate targets as political and economic pressures mount.