Eurozone set for ‘the most widely predicted recession ever’
The Eurozone is set for economic downturn, with leading economists telling Brussels Signal “sticky inflation” will hold growth to below 1 per cent through the…
Economy
Latest reporting and analysis on economy.
Committee of the Regions calls for the future strengthening of EU Cohesion Policy
Local politicians of the European Union got a head start on discussing the bloc's Cohesion policy this week.
Economic losses pile up in Ukraine as Polish truckers protest
Weeks of road blockades by Polish truckers protesting at the border will reduce Ukraine's overall imports by about a fifth in November, and could cost Kyiv one percentage…
EU should embrace influx of ‘free’ Chinese electric cars, says economist
The European Union should celebrate the influx of "free" Chinese electric vehicles into the bloc, a senior German economist has claimed.
EU admits post-Brexit London City jobs-loss forecast was way off the mark
The European Union has admitted that a doom-laden forecast of huge “City” job losses in London resulting from financial institutions moving their operations…
Tired of rising energy costs, Michelin and Goodyear to pull out of Germany
The "rapid" deterioration of the market outlook in Germany has led to Goodyear shutting two plants, one in Brandenburg and one in Hesse.
Slovak truckers threaten Ukraine border blockade from December 1
Slovak truckers are threatening to block the country's main border crossing with Ukraine from December 1 unless steps are taken to limit competition from Ukrainian…
Largest solar-cell firm in Germany may decamp to US over energy costs
Meyer Burger Technology, a Swiss firm, said the decision on whether to pull its manufacturing out of Germany or not will be made “within weeks”
EU’s Hoekstra tells non-G7 states they need to pay up on climate
European Union climate chief Wopke Hoekstra said that countries outside the Group of Seven need to help meet the bill for losses and damage caused by increasingly…
European Parliament urges EU to help develop talent in regions
The European Parliament is urging the EU to help develop talent in the Europe's neglected regions.
Germany to suspend debt brake amid budget crisis
Germany’s traffic-light coalition Government intends to rescue its 2023 budget - by taking on additional debt.
EC claims Austria must have EU permission to pass laws protecting cash
Austria is required to gain the permission of the European Union before it passes any laws regulating the use of cash in the country, the European Commission has…
Bulgarian PM Denkov denies wrongdoing on Russian oil and gas
"On the questions connected with ...
Germany’s Green minister turns on Chancellor amid coalition cash row
Robert Habeck, Germany's climate action and economic affairs minister, has turned on Chancellor Olaf Scholz amid an ongoing spending scandal.
European Commission pressured on ‘carbon footprint of fighter jets’ sent to Ukraine
The European Commission has been pressured to detail the "carbon footprint of fighter jets" sent by European Union Member States to Ukraine.
Germany freezes new spending as budget is hamstrung
In the midst of a severe fiscal crisis, the German Government has imposed a moratorium on virtually all new expenditure
Wielkopolska’s rural renaissance: EU funding transforms villages
The Wielkopolska region has been transformed by regional funding from the European Union.
Central Europe’s truckers call on EU to end transport deal with Ukraine
Road haulage organisations from Central Europe have called on the European Union to end a transport agreement with Ukraine that they believe has led to unfair competition…
Germans face energy-bill spike after subsidy funding ruled illegal
German citizens face a severe spike in their electricity bills this winter after a ruling by the country's Federal Constitutional Court
Western sanctions put Russia at risk of ‘economic collapse’, Kremlin admits
Russia faced the possibility of economic "collapse" as a result of sanctions imposed on it by the West, the Kremlin has said.
Concerns resurface over China undermining EU solar energy industry
The European Commission has admitted it is again concerned about apparent Chinese attempts to undermine the European Union's solar energy industry.
This is the future: Thunberg-backed UN invasions of countries opposed to West’s ‘green’ agenda
The United Nations in 2050 will both sanction and enforce the invasions of countries that go against the worldwide “green” agenda, according to predictions aired…
EU court rules Netherlands must change pension laws restricting early withdrawal
The Netherlands must amend its pensions law after a ruling by the Court of Justice of the European Union in Luxembourg.
Ireland’s ex-Europe Minister: The Bulgaria-Turkey gas deal is wrong for Europe – it creates a back route for Russian sanctions busting
When the EU aims to stop relying on Russian oil and gas by 2027, it is bizarre an enterprise wholly owned by a Member State is working assiduously on a project that…
Belgians and Germans pay the EU’s highest electricity bills
Households in Belgium and Germany pay twice as much for electricity as Poland, a German government research body says.
That Europe could soon be energy self-sufficient is ‘just nonsense’ – argues Liberal MEP
That the European Union could soon be self-sufficient in energy is "just nonsense", says an MEP.
German government on the ropes after devastating budget ruling
Berlin faces a hole in the budget of up to 60 billion euros and potentially a total stop of the so-called "energiewende", the ongoing transition by Germany to a…
Mayor of Braga: ‘Prioritising social wellbeing over profit is vital for EU regions’
Ricardo Rio, Mayor of the Portuguese city of Braga, has said that it is vital for European cities and regions to promote the Social Economy if they want to create…
Paris to vote on hiking SUV parking fees
Paris is asking residents to vote on whether to raise parking fees for large SUVs.
Sagunto to promote sustainable tourism with €2 million EU grant
Sagunto, a city in the Valencia province, Spain, has been granted €2 million to develop its sustainable tourism sector,