Ukraine slams Polish farmers over anti-Mercosur border blockade
Polish farmers blocked the Medyka border crossing with Ukraine on November 23 in a protest over the trade deal between the European Union and Mercosur, which they…
Economy
Latest reporting and analysis on economy.
Automotive supplier Bosch plans to cut 5,550 jobs, most in Germany
In a new blow for the struggling German car industry, auto parts supplier Bosch has said it wanted to cut more jobs than previously indicated in May, when the company…
China widens EU dairy probe to more subsidy programmes
China said on Friday it would expand the scope of its anti-subsidy investigation into dairy imports from the European Union to cover additional EU subsidy programmes…
‘Green’ darling Northvolt with €5.62 billion in debt seeks bankruptcy protection as CEO quits
Swedish electric vehicle battery maker Northvolt has filed for bankruptcy protection, a Chapter 11 process in the US as it desperately looks for extra cash.
Member states doubt EU database for biofuels, saying market distortions are likely
The Union Database for Biofuels (UDB), which came into effect on November 21, is part of the Clean Energy for All Europeans package of the Renewable Energy Directive…
French supermarket giant Carrefour vows to not sell Mercosur-sourced meat
Amid France's opposition to the European Union-Mercosur trade deal, major French supermarket chain Carrefour has pledged not to sell meat linked to the agreement,…
Banks take fright as Marxists take power in Belgium
Banks are refusing to finance cash-strapped towns in Belgium's French-speaking south as avowed Marxists take power in local government.
Outdated software running Germany Inc goes for easy protection not innovation
Christian Democratic Union (CDU) leader and likely future chancellor Friedrich Merz is sidling cautiously up to the debt brake issue that just demolished the traffic…
German ex-chancellor Merkel publishes memoir targeting several leaders, including Trump
Former German chancellor Angela Merkel’s memoirs, Freedom: Memories 1954–2021, offer a look at her approach to global leadership, including her relationship…
Ford to slash 14% of European workforce, citing EV transition and intensifying competition
Ford said on November 20 it would cut around 14 per cent of its European workforce, blaming significant losses in recent years compounded by weak demand for electric…
Polish Government freezes energy prices in run-up to presidential elections
The Polish Government has announced a freeze on energy prices for households at just over €100 per megawatt-hour (MWh) for the first three quarters of 2025, the…
Xi asks Germany’s Scholz to help kill EU EV tariffs
Chinese President Xi Jinping told German Chancellor Olaf Scholz on November 19 that he hoped Germany could help the EU and China to resolve the issue of tariffs…
German deindustrialisation: Unions propose wage-rise delay to save VW plants
Workers unions in Germany have proposed that Volkswagen delay wage increases to save manufacturing plants in Germany.
€600 fine for German who used poop emoji against Greens’ leader?
German media has revealed that a man was fined over a social media post that described Robert Habeck, Federal Minister for Economic Affairs and Climate Action and…
EP’s S&D holds Commission hostage to force through climate candidate Ribera
This strategic shift has been designed to see Ribera appointed to the new Commission despite her controversial management of the catastrophic flooding that hit Valencia,…
Farmers blockade Paris over ‘unthinkable’ EU-Mercosur deal
French farmers have taken to blockading Paris over a trade deal between South American Mercosur countries and the European Union.
Macron pledges to block EU-Mercosur trade deal amid pressure from French farmers
French President Emmanuel Macron has pledged to block the proposed European Union-Mercosur trade agreement as farmers across France have ramped up pressure on the…
Crisis-hit EV battery champion Northvolt struggles to hit production targets
Embattled green tech player Northvolt has missed some in-house targets and has curtailed production at its battery cells plant in northern Sweden, according to…
Italy and Czechia plead for nuclear energy at COP29
With COP29 underway in Baku, a growing number of European leaders have highlighted the importance of nuclear energy in producing clean energy, breaking with older…
Destruction of Nord Stream ‘a good thing’, Ukrainian sabotage suspect claims
Speaking to the German media, retired Ukrainian secret service agent Roman Tschervinskyj maintained that he was innocent of any involvement in the attack, although…
EU deindustrialisation continues, drives down economic outlook
The European Union has had its economic outlook downgraded for 2025 as problems related to the continent's deindustrialisation continue.
French MP urges EC chief to suspend EU-US data privacy framework over Trump concerns
In a letter obtained by Brussels Signal, French MP Philippe Latombe has urged European Commission President Ursula von der Leyen to suspend the US-European Union…
Greece in talks with Israel to develop €2bn ‘Iron Dome’
Greece is in talks with Israel to develop a €2 billion ($2.
Europe’s competitiveness is in meltdown, IMF reports
The meltdown in EU companies' competitiveness was directly related to their need for more innovation.
EU lawmakers soften bloc’s deforestation law
Members of the European Parliament have voted to delay implementation of the EU's deforestation law, and introduced amendments to soften some of the existing regulations.
Azerbaijan President denounces France’s ‘Macron regime’ during COP29 summit
Azerbaijani President Ilham Aliyev has accused the French 'Macron regime' of intentionally stifling the process of decolonisation at the COP 29 summit in Baku.
‘Ribera or nothing’: Socialists threaten to block EC if MEPs refuse candidate
The European Socialists have adopted an unbending stance: If their Spanish candidate for Commission Executive Vice-President for the Clean, Just and Competitive…
Kerosene-fuelled ‘jet engines’ keep Belgian energy grid up
The Belgian Government is said to be giving extra subsidies to old and highly polluting jet engines to help make up for the closing of nuclear power plants.
Beijing to withdraw from electric car production in Poland over EC tariffs
The Chinese Government is planning to withdraw from producing the B10 Leamport electric car in the Tychy plant in Silesia, southern Poland, in retaliation for Poland…
Shell wins landmark emissions reduction case on appeal
Global oil producer Shell has won a landmark climate case in the Dutch courts, annulling an earlier ruling that forced the multinational to cut 45 per cent of its…