EU capital markets proposal is an EU power grab, member states say
A French proposal to further integrate the European Union's capital markets drew opposition from a majority of member states, who attacked it as a Brussels power…
Economy
Latest reporting and analysis on economy.
JDE Peet’s sees coffee industry struggling to meet EU deforestation law
DE Peet's JDEP.
‘Russian economy to outgrow all advanced nations in 2024,’ IMF forecasts
The International Monetary Fund (IMF) predicted the Russian economy will this year grow faster than those of the Western countries trying to isolate it.
EU drafting error creates financial trading ‘Wild West’
In an embarrassing drafting mistake, the European Securities and Markets Authority - the European Union's financial markets regulator - created an 18-month window…
G-20 Nations are giving would-be climate investors the jitters
The European Union and UK have been world leaders for implementing policy to promote clean energy technologies, but their crown is starting to slip.
Fragmented Europe to make new bid for US-style capital market
After years of struggling to raise capital in European Union markets, Mews - a hospitality software firm with Czech roots -finally secured funding by registering…
Germany courts Beijing as Scholz and Macron push for EU-China trade ‘rebalancing’
German Chancellor Olaf Scholz and French President Emmanuel Macron are advocating for a "rebalancing" of trade between Europe and China amid Berlin's efforts to…
Antwerp’s diamond chief not forever as he quits ‘over sanctions on Russian stones’
Ari Epstein, the Chief Executive of the Antwerp World Diamond Centre (AWDC), has resigned.
China’s trade minister warns EU over ‘green’ tech probes
China's top trade official warned Brussels against protectionism, saying Beijing was puzzled by European Union inquiries into "green" technology exports and the…
Final death toll rises to seven after Italy hydroelectric blast
Italian rescuers have found the bodies of the last two missing workers from an explosion at a hydroelectric plant near Bologna three days ago, a spokesperson for…
Brussels big guns fire up nuclear energy option
Top Commission officials praised the technology at a high-level event in Brussels on April 11, ending a policy that had seen the Brussels executive sit on the sidelines…
Six European countries sign deal to protect North Sea systems from Russian sabotage
Six European countries with North Sea coastlines signed an agreement to work together to protect the marine region’s rapidly expanding underwater infrastructure…
German homeowners’ group blames Berlin for climate-policy shortfalls
A leading German homeowners' association has blamed Berlin after studies showed the Government is missing its targets on building renovation as part of its climate-control…
EU gives coffee exporter Uganda €40 million to help it comply with forest policy
The EU has given Uganda a 40 million euro grant to help Africa's largest coffee exporter comply with a new EU policy that bars imports of commodities whose production…
This will hurt: France braces for budget cuts
After decades of spending beyond its means, France must in the coming weeks show how it will avoid a budget crunch that is putting its credit ratings at risk and…
For domestic housing, Germany lags well behind ‘green’ renovation goals
Germany is missing targets regarding the climate and the renovation of residential buildings, despite Berlin’s ambitious goals. Just 0.
Despite farmers’ anger, EU to renew trade deal with Ukraine
European Union institutions have struck a deal to extend an agreement allowing the tariff-free importation of Ukrainian agricultural products - despite protests…
EC set to target Poland over excessive debt, Warsaw warns
The Polish finance ministry said it expected the European Commission to initiate a so-called excessive deficit procedure (EDP) against the country.
EC ‘spreading misinformation’ over Bulgaria gas controversy, MEP claims
An MEP has accused the European Commission of spreading misinformation concerning an ongoing gas scandal in Bulgaria.
Ahead of Olympics, France unveils new Paris travel rules
France has unveiled a system of compulsory QR-code passes for travel throughout Paris, with the new system reportedly being implemented to reduce the threat of terrorism…
The Spanish paradox: Its economy may be recovering, but its people are not feeling it. The migrant crisis might be part of the answer
In a recent piece for Euronews. Piero Cingari waxed lyrical about Spain's economy.
‘Opaque’ EU debt mountain growing, German study warns
“EU debt is politically attractive. Economically, however, it creates the wrong incentives, especially for highly indebted Member States,” researchers say
EU behind China on climate change, as Hoekstra admits it will miss 2030 climate targets
China has overtaken the EU in actually rolling-out clean technologies, researchers say.
Growing concern at EC ‘power grab’ on defence procurement
Pushback is growing among European Union Member States against funding common defence procurement through fresh joint-debt, with Germany, Denmark and the Netherlands…
France to allow farmers more pesticide to protect sugar output
French sugar beet farmers will be allowed to use more pesticide this year due to a high risk of attacks from an insect carrying a disease that ravaged crops in 2020,…
European Commission examines complaint about Hungary’s tax on foreign retailers
The European Commission is looking into a complaint about Hungary's tax on retailers, saying it will "ensure appropriate follow-up" after the Austrian government…
Chinese solar firms hit by EU probes in new test of subsidy law
The European Union started probes into bids by Chinese firms for a Romanian solar park, in the latest test of a freshly minted law aimed at preventing state-funded…
Botswana President threatens to send 20,000 elephants to Germany amid Berlin’s anti-hunting push
The President of Botswana is threatening to send 20,000 elephants to Germany.
EU and Japan reach new tech deal, irking China
Japan and the European Union have agreed a new deal aimed at boosting both countries' technology sectors amid growing hostilities between China and the West.
EU-Canada free trade agreement in peril after French Senate rejection
The EU's free-trade agreement with Canada has been overwhelmingly rejected in France's Senate, which voted it down by 211 votes to 44.