Croatia’s Vujčić takes over as ECB vice-president
Vujčić has led the Croatian National Bank since 2012 and steered his country into the euro in 2023.
Economy
Latest reporting and analysis on economy.
Nordic investors urge EU to hold firm on Arctic drilling ban
The appeal has come as the EU weighs revising its stance to prioritise energy supply.
The impossible debt: Europe arrives at the long run Keynes brushed aside
The European Central Bank holds close to 40 per cent of some governments' debt.
German Economic Council slashes growth forecast and warns of soaring social insurance costs
The downgrade is attributed primarily to the economic fallout from the Iran conflict, including sharply higher energy prices.
Meloni says that gigantic EU bureaucracy is smothering industrial development
Italian Prime Minister called for greater competitiveness, simplification and the cutting of red tape.
EU budget: Germany’s contributions could rise by 80 per cent, Belgian PM warns for ‘dizzying’ bill
European Commission President Ursula von der Leyen would like to have more than €2 trillion at her disposal between 2028 and 2034.
Northern EU states reject ‘Friends of Cohesion’ push to expand farm budget and stretch recovery debt repayment
The signatories argued in their statement that the CAP, the Common Fisheries Policy and Cohesion were "the only policies facing cuts in real terms".
Philip Morris International vows to transition to ‘smoke-free’ future
A visit to Philip Morris International’s (PMI) manufacturing and technology hub in Bologna offered Brussels Signal a firsthand look at the company’s ambitious…
‘Green’ electric Ferrari hated by car enthusiasts
European orders are due to open later this year, with US deliveries scheduled to begin in the second quarter of 2027.
European Commission seeks Berlin’s backing for tougher China trade line
The push has come as Germany's long-standing reluctance to confront China has appeared to soften.
Spain doubles down on €9 billion green push, leaves blackout questions unanswered
"The energy revolution can't be just for those who can change cars, put up solar panels on their roof or renovate their homes without subsidies," Sánchez said.
Trump tempers hopes of imminent Iran deal as Hormuz blockade holds
The US president said talks with the Islamic Republic were progressing "in an orderly and constructive manner".
Germany’s housing crisis deepens as new apartment completions fall to a decade low
The country faces a significant structural housing deficit, estimated at between 550,000 and over 700,000 units.
IMF urges France to rein in public spending and accelerate fiscal consolidation
In assessment of the country, the Fund noted that France's public spending reached the highest level in the euro area.
Poland’s Senate rejects Nawrocki bid for referendum on EU climate policy
The power to approve or reject presidential requests for a referendum is one of the few definitive powers of the Senate.
Airbus and Air France convicted over 2009 Rio-Paris crash
The Paris Court of Appeal ruled today that the airline and the European aerospace manufacturer were "solely and entirely responsible for the crash of flight AF447".
EU’s Spring 2026 Economic Forecast sees growth down, inflation up
The Commission noted weaker private consumption and investment, compounded by persistent structural problems.
Eurozone business activity shrinks further in May
Business activity in the eurozone contracted further in May, weighed down by weak demand caused by the Middle East war, a key survey showed Thursday.
EP backs renewal of EU fisheries deals with Cook Islands and São Tomé
The two protocols will secure access for European tuna boats and surface longliners in exchange for financial contributions.
EU top diplomat Kaja Kallas calls China a ‘cancer’
The former Estonian prime minister has repeatedly drawn criticism for undiplomatic language, particularly towards Russia.
UK allows Russian-derived fuel imports as North Sea drilling ban stands
According to the Department for Business and Trade, the carve-out applies indefinitely.
Brussels mayor faces pressure over ‘largest’ US Fourth of July celebration in Europe
Philippe Close has come under mounting pressure over plans to host what the US Embassy has described as the "largest Fourth of July celebration outside the United…
EU accepts Trump tariff pact with conditions and dodges latest threat
The compromise covers two regulations applying the EU tariff reductions set out in the EU-US Joint Statement.
Putin meets Xi in Beijing days after Trump visit
Trade between the two countries has expande.d considerably since Russia's full-scale invasion of Ukraine in 2022
Iran war squeezes EU jet fuel as airlines cut flights
Brussels says stocks are under pressure as Lufthansa axes 20,000 short-haul services and airports warn of a systemic shortage.
EP backs tighter screening of Chinese and Russian investment in EU strategic sectors
The sectors covered include defence, financial services, semiconductors, telecommunications, transport and raw materials.
Buy European: Sweden orders €4 billion worth of frigates in France
Sweden has selected France’s Naval Group to supply four new frigates in a major defence contract worth approximately €4 billion, marking one of the largest military…
EU expects to give green light ‘very soon’ on first €90 billion Ukraine loan payment
"The negotiations are going very well. Give us a bit more time and we hope to be able to give the definitive green light on this front very soon".
EU renews sanctions on former Assad regime and lifts curbs on Syria’s interior and defence ministries
EU foreign ministers signed off on the changes at a meeting in Brussels, the Council said.
Germany set to miss 2030 climate target
Europe's largest economy has committed by law to cutting emissions by 65 per cent on 1990 levels by 2030.