Ryanair Charleroi airport strike frustrates Brussels holidaymakers
A strike by Ryanair pilots at Brussels’ South Charleroi airport looks set to frustrate holidaymakers and other travellers to and from the Belgian capital.
Economy
Latest reporting and analysis on economy.
International Energy Agency foresees record oil demand and prices going up
The International Energy Agency's (IEA) latest Oil Market Report (OMR) predicts global oil demand to expand by 2.2 million barrels per day (mb/d) to 102.
Sánchez nominates Finance Minister for EIB amid tense premiership negotiations
Spain’s Prime Minister Pedro Sánchez nominated Nadia Calviño, his acting Deputy Prime Minister, for the European Investment Bank’s (EIB) top job.
‘Green Pope’ Timmermans in pole position to lead Dutch elections alliance
Timmermans was nominated by an internal commission that saw him as the ideal candidate to "spread the common ‘green’ and social philosophy" of the cooperating…
Breton brags about new German chip factory as businesses leave EU in droves
European Union internal market tsar Thierry Breton has lauded the announcement of a new €15 billion microchip factory in Dresden, Germany, as dozens of other companies…
No cash for emergency generators despite possible energy crisis, Brussels declares
The European Commission has rejected giving businesses support to buy emergency generators in preparation for a possible energy crisis.
‘No engines in existence’ can avail of EU ‘green’ energy scheme, MEP claims
There are no conventional fishing-trawler engines currently in existence that can effectively comply with the European Union's new "green" energy scheme, a French…
Lack of nuclear investment shows EU is ‘not serious about Net Zero’
European officials are "not serious" about achieving the EU's “net zero” goals as proven by the lack of investment in nuclear energy, Conservative think-tank…
Poland fires up legal assault on EC ‘green’ legislation ahead of elections
Poland is to challenge two key European Union environmental laws, the Carbon Border Adjustment Mechanism (CBAM) and the Emissions Trading System (ETS), in the European…
Germany records 6 per cent drop in meat production
Germany has seen a 6 per cent drop in nationwide meat production so far this year, the country's Destatis central statistics office has revealed.
S&P Drops ESG scores from debt ratings after investor confusion
S&P Global Inc. will no longer publish ESG scores along with its credit ratings, as the company adjusts its approach in response to investor feedback.
European industry is disappearing. So be it? Not so fast. Brussels Commissioner dismisses view of former top economist
Brussels Commissioner Margaritis Schinas has distanced himself from Pierre Régibeau, the European Commission’s former chief economist.
France is Europe’s top power exporter as Germany turns importer
France has overtaken Sweden to become Europe’s top net power exporter, while Germany has moved from exporter to importer during the first half of this year.
German state police ‘stockpiling vegan rations over blackout fears’
Police in Germany's most populous federal state are planning to stockpile vegan and lactose-free rations in preparation for coming electricity blackouts, multiple…
Germany’s industry chiefs sound alarm as economy tanks
Industry executives have warned that Germany has entered a phase of “de-growth” dominated by nosediving industrial production.
Use only ‘extreme language’ to discuss climate change, German broadcaster says
A state-funded German broadcaster has advocated for only “extreme language” to be used when discussing climate change.
Poland presents EU with €1 billion bill for transit of Ukrainian grain
Poland is demanding €1 billion to pay for the infrastructure it says it requires to facilitate the export of Ukrainian grain and other produce through the Polish-Ukrainian…
Former EC chief economist: ‘If heavy European industry disappears, so be it’
Talk of European de-industrialisation is pure alarmism and lobbying, according to Pierre Régibeau. The European economy should be left to "adjust itself".
Ireland ill-equipped to deal with any Russian naval threat
The Irish Prime Minister, or Taoiseach, Leo Varadkar has said his country must "do more" to defend its territorial waters from potential Russian threats.
French Government to give tobacco shops €10k cash injection after rioting
Tobacconist shops in France that fell victim to last month's countrywide riots will be given a cash injection by the French Government, ministers have announced.
German broadcaster caught interviewing own staff in ‘green’ agenda vox pop
A state-funded German broadcaster has been caught interviewing its own staff as part of an alleged vox pop regarding a “green” agenda story.
Firefighters don’t need help tackling electric-car blazes, EC says
Firefighters do not need extra help to fight electric vehicle (EV) blazes, the European Commission has declared.
EC rejects calls for tighter rules on lab-grown meat
The European Commission has rejected an MEP's call for tighter regulations on lab-grown meat.
Germany’s establishment just doesn’t get why the AfD is on the march
According to Robert Habeck, the Green Minister of Economic Affairs, Germany has to prepare for five tough years.
Germany now the ‘Sick Man of Europe’
Germany has long been regarded as the engine of the European economy but that engine is sputtering and the "Sick Man of Europe" label is starting to stick.
Drone strikes, space flights and social media: Europe increasingly reliant on Elon Musk
European governments are becoming increasingly reliant on Elon Musk, with the US tech billionaire holding a near-monopoly on a variety of major services.
Central Europe’s arms makers scramble for workers as Ukraine boosts business
From building apartments for new employees to offering retired workers free canteen meals to share their expertise, Central Europe's arms manufacturers are…
Ukraine says Poland asking it to ‘commit suicide’ over grain embargo
Poland is asking Ukraine to "commit suicide" with its request for Kyiv to accept European Union import restrictions on Ukrainian grain, a senior official within…
‘Chill out’ says IPCC climate chief: global warming is ‘not an existential threat’
British Professor Jim Skea, the new chairman of the Intergovernmental Panel on Climate Change (IPCC), says apocalyptic messaging on climate paralyses public debate…
Germany now suffering ‘de-industrialisation’, says CDU leader
Germany is experiencing a "creeping process of de-industrialisation", Christian Democratic Union (CDU) leader Friedrich Merz has said.