French news channel fined €80,000 over negative broadcasts on migration and climate change
Popular Conservative French news channel CNews was fined €80,000 by the country’s media regulator for expressing negative viewpoints regarding migration and…
Economy
Latest reporting and analysis on economy.
Poland requests green tax exemption to help fuel Ukraine
Poland is to seek an exemption from European Union emission fees so that it can burn extra coal to supply Ukraine with electricity this winter.
EU bureaucracy, taxes and energy costs forces major auto manufacturer abroad
Germany's second-largest automotive supplier, ZF Friedrichshafen, is planning to close plants in Europe and cut up to 12,000 jobs.
‘EU ammunition production vastly overstated,’ report finds
Their research indicated a substantial discrepancy between the EU's reported figures and the actual increase in munitions manufacturing capabilities.
German exports crash as deliveries to China tumble 10 per cent
Economists have expressed dismay at a sudden drop in Germany's exports with deliveries to China crashing by more than 10 per cent in just one month.
Russia sanctions ‘barely affecting’ Kremlin war effort: researchers
Sanctions targeting Russia are "barely affecting" the country's ability to wage war in Ukraine, according to research funded by the German Government.
German government clinches 2025 budget deal in line with debt brake
Germany's coalition government has clinched an agreement on the budget for 2025 that will adhere to the country's strict spending rules following months of negotiations,…
China-built EVs hit with duties in biggest EU trade case yet
The European Union will impose tariffs of up to 37.
Trudeau and von der Leyen to push ‘diversity and gender equality’ in industry
Canadian Prime Minister Justin Trudeau and European Commission President Ursula von der Leyen promised to promote "diversity and gender equality" within their respective…
Germany bans VW from selling ‘sensitive tech’ to China over security concerns
Germany has banned car manufacturer Volkswagen from selling a firm possessing "sensitive technology" to China over security fears.
China and EU hold technical talks on impending EV tariffs
Chinese and EU officials held several rounds of technical talks over Brussels' proposed tariffs on Chinese electric cars on July 4, China's commerce ministry said…
Norway to stockpile grain in preparation ‘for the unthinkable’
The Norwegian Government has signed an agreement to start stockpiling grain to prepare for a possible supply problem towards the end of this decade.
German car industry urges EU to drop tariffs on China-made cars
Germany's VDA auto association has urged the European Commission to drop its planned tariffs on China-made electric vehicles in a last-ditch effort to influence…
Germany’s Lufthansa adds flights surcharge to address ‘rising environmental costs’
German aviation company Lufthansa Group announced the implementation of an Environmental Cost Surcharge (ECS) on ticket prices to address rising costs associated…
China tightens grip on crucial rare earths
China's State Council announced the approval of new regulations on the management of rare earth materials, strengthening government control.
EU Green Deal architect takes top job with Dutch gas firm — without EC permission
Diederik Samsom, one of the architects of the European Green Deal, has raised eyebrows after joining the board of Gasunie, a Dutch gas company, as chairman.
Elements of Von der Leyen’s Green Deal reappear in leaked EU summit document
EU leaders will reintroduce “green" commitments into the EU Strategic Agenda for 2024-2029, which they are set approve at their latest summit, according to a leaked…
Six EU nations ‘not yet ready for euro’
Bulgaria, Czechia, Hungary, Poland, Romania and Sweden are not ready to join the euro currency, despite legal commitments to do so, according to the European Commission's latest…
European Investment Bank to boost defence spending
The European Investment Bank (EIB) said it plans to increase its investments in European defence, focusing on elements such as drones, satellites and cybersecurity.
Green MEPs: Renew’s setbacks give us more influence over von der Leyen
The European Parliament Renew bloc's recent loss of members will increase the Greens' influence over European Commission President Ursula von der Leyen of the European…
I fly, you take the train: what the elite plans for Europe’s climate ‘sacrifice’
The European Commission has accepted a European initiative called 'Air-Quotas' which aims to introduce carbon quotas for all citizens in order to reduce their consumption.
China warns EU of potential trade war over ‘unfair’ electric cars probe
China's commerce minister Wang Wentao warned that escalating tensions with the European Union could lead to a "trade war".
EU agrees 14th package of Russia sanctions and targets LNG for first time
The European Union slapped a new series of economic sanctions on Russia - for the 14th time.
EU-Ukraine trade: Permit-free agreement for freight extended
Ukraine and the European Commission have extended their freight liberalisation agreement, enabling Ukrainian cargo to enter the EU without permits for another year.
EU electric car sales drop in May as German demand slumps, industry says
Sales of new battery-electric cars in the European Union dropped 12 per cent in May from a year earlier, led by a 30 per cent plunge in Germany, data from Europe's…
EC launches Excessive Deficit Procedure against seven Member States
Seven European Union Member States are under special scrutiny for accumulating increased public debt and deficits.
Brussels greenlights citizen carbon limit petition
The European Commission has approved a citizens' initiative that would legally limit an individual's yearly carbon emissions.
Brussels retreats: Long-haul flights set to be exempt from emissions monitoring
The European Commission has drafted plans to drop long-haul flights from CO2 emissions-monitoring rules.
Austrian coalition government survives EU nature law crisis
The country's climate minister, Leonore Gewessler, voted in favour of the new green rules in Brussels despite Austria's government ordering her to abstain.
Seven European NATO members still fall short of 2 per cent defence spending target
Seven European NATO member countries are still not fulfilling their 2 per cent of GDP defence-investment commitment, according to the latest NATO figures.