Regional automobile alliance seeks EU support for industry transition
The second annual meeting of the Automotive Regions Alliance (ARA) held in Pamplona highlighted the urgent need for additional European Union (EU) funding to sustain…
Economy
Latest reporting and analysis on economy.
Shell sues Greenpeace for €2 million over boarding oil vessel
Shell filed a nearly €2 million lawsuit against Greenpeace after protestors boarded one of its ships in January.
EU about to approve final – very diluted – nature restoration law
The EU has moved closer to an agreement on a hotly contested nature restoration law, though it has been heavily watered down from earlier proposals.
IMF warns Europe: rising wages are bad for you
Rising wages may still push prices upwards, meaning Europe faces a "difficult task" in aiming at both price stability and growth, says the IMF.
Nuclear energy: attitudes of Belgians flip due to Ukraine war
Belgium has seen a sharp rise in support for use of nuclear power, with only Greens now opposing it.
Brazil says EU deforestation rules hamper Mercosur trade deal negotiation
Brazilian officials said on Wednesday that new legislation enacted by the European Union to ban the import of goods linked to deforestation was complicating negotiations…
Polish truck drivers block Ukrainian border over ‘unfair competition’
Polish truckers blocked three major border crossings with Ukraine on Monday, protesting "unfair competition" from Ukrainian lorry drivers.
Ursula von der Leyen’s Green Deal faces dilution
Ursula von der Leyen's Green Deal looks set to be diluted, with the agricultural lobby pushing key elements back until after May 2024's EU elections.
Italy judge seizes 780 mln euros from Airbnb in tax probe
An Italian judge has ordered the seizure of 779.
Just Stop Oil switches to hammers to attack London art
Radical environmentalists of Just Stop Oil have begun attacking famous artworks with hammers.
Stagnant growth and high debt leave Italy’s Meloni few economic tools
Italy has recorded no GDP growth for the third quarter.
Euro zone recession fears harden as surveys show grim start to Q4
The downturn in eurozone business activity accelerated last month as demand in the dominant services industry weakened further, a survey showed on Monday, suggesting…
Storm Ciarán causes mayhem across Europe
The autumn holiday was marked by Storm Ciarán that ripped across parts of Europe on November 2 with wind speeds of up to 140 kilometres per hour.
UK bank NatWest urges clients to become vegetarian and drive electric cars
British bank NatWest is advising clients to use electric vehicles and give up meat consumption.
All 27 EU Member States back UN call to end US-Cuba embargo
The UN General Assembly, with the support of all European Union Member States, has issued a resolution calling on the US to end its trade embargo on Cuba.
European chamber in China criticises upcoming Shanghai trade fair as ‘political showcase’
The European Union Chamber of Commerce on Friday criticised an upcoming trade fair in China as being more of a "political showcase" than about doing business and…
In diamond centre Antwerp, Russian gems are already shunned
Only a few weeks after Russia invaded Ukraine in February 2022, Antwerp-based diamond dealer Thierry Tugendhaft started receiving calls from big jewellers in Paris…
Advantage UK if Germany bails on fighter-jet project with France, says British ex-minister
Any decision by Germany to jettison its €100 billion fighter-jet project with France and remove its veto on a UK-Saudi aircraft deal would be "advantageous" to…
UK academics want cigarette-style warnings on meat
Researchers at Durham University in the UK have suggested using graphic health warnings on meat, similar to those on tobacco products, in a bid to help reduce consumption…
EC chief pushes for Western Balkans reforms over EU enlargement
The President of the European Commission Ursula von der Leyen made a four-day visit starting October 30 to North Macedonia, Kosovo, Montenegro, Serbia, and Bosnia…
Australia-EU trade talks hit brick wall
Despite earlier optimism, Australia's trade talks with the European Union have crumbled over agriculture, with both parties putting the blame on the other side on…
EU nations lost out on €61 billion in VAT in 2021, EC report finds
European Union Member States lost out on a total of €61 billion in VAT payments in 2021, according to the European Commission VAT Gap Report 2023 released on…
Siemens Energy needs billions of state support as wind division tanks
The German industrial multinational Siemens is in dire need of cash as a result of bad investments in sustainable energy.
EC defends ‘incomprehensible’ €18m-plus EU PR campaign
The European Commission has defended a PR campaign promoting the European Union after it was slammed as "incomprehensible" by an MEP.
Grapes of wrath: French winegrowers destroy Spanish rivals’ imports
Angry winegrowers in France blocked lorries coming from Spain and destroyed the wine they were carrying, claiming the cheaper imports are destroying the local market.
Poland: Tusk heads to Brussels as justice minister challenges EU ban on fossil fuel cars
Donald Tusk, who has been nominated by his party as candidate for Prime Minister, is due to travel to Brussels on October 25 or 26 to talk with European Union leaders…
EC has ‘no comment’ on alleged Romanian EU competition-law violation
The European Commission has nothing to say about reports of anti-competitive behaviour by Romanian authorities.
Slovakian President decries nomination of ‘climate-change sceptic’ as environment minister
Slovakian President Zuzana Čaputová is postponing the installation of her new government as she is against the nomination of Rudolf Huliak, whom she said was a…
ECB moves ahead with digital euro project
The European Central Bank (ECB) is starting preparations for developing a digital euro that would be available free of charge to everyone in the Eurozone for any…
FOCUS-Ryanair fights off European squeeze on its ticket prices
Ryanair is facing challenges at both ends of its price range, with Europe's largest airline taking aim at proposed minimum fares in France after fending off a cap…