Putin says Russia thinking of ditching grain deal due to West’s ‘cheating’
President Vladimir Putin said on Tuesday that Russia was considering withdrawing from the Black Sea grain deal because the West had cheated Moscow by implementing…
Economy
Latest reporting and analysis on economy.
Ireland: both rolling in cash and crashing hard
Ireland might have recorded the Eurozone's biggest GDP slump last quarter but a healthy cash surplus, the product of huge corporate taxes paid by a handful of US…
Investors may exit consumer goods firms over EU deforestation law
By Richa Naidu
Europe’s risky plan to avert an energy crisis: stash gas in Ukraine
About 60 miles from Ukraine’s border with the European Union, an array of pipes and pumps hints at what stands to become an important part of the bloc’s efforts…
Poland to take 2035 fossil fuel car ban to top EU court, minister says
Poland will appeal against European Union rules to end the sale of fossil fuel cars across the bloc from 2035 to the top EU court within days, the country's climate…
Nord Stream sabotage: US intelligence service tip-offs ‘point to Ukraine’
The United States’ Central Intelligence Agency (CIA) allegedly told Belgian secret services that the explosions that destroyed the Nord Stream pipelines were the…
Von der Leyen buckles: EU nature restoration law to be watered down
Critics of European Commission environment plans seem to be getting their way.
Lira plunges as Erdogan appoints first-ever female central bank governor
The Turkish lira has plunged to record lows after President Recep Erdogan named Hafize Gaye Erkan as the new and first-ever female leader of the country’s central…
Waiting for the onshore wind revolution? You might have to live for 4,500 years
It will take several millennia to hit UK Government green-energy production targets, according to a report from the left-leaning London-based think-tank the Institute…
France: ‘Nuclear energy is non-negotiable’
French Economy and Finance Minister, Bruno Le Maire, said the role of nuclear power in France is "non-negotiable" and anyone thinking they can reduce it would be…
Eurozone enters recession
The Eurozone is officially in recession, according to data released by Eurostat on June 8, after the 20-nation bloc suffered two consecutive quarters of economic…
Australia unhappy with EU trade talks progress, minister goes home
Australia's Trade Minister, Don Farrell, has left free-trade talks in Brussels, telling The Australian Financial Review it was “looking more difficult” to land…
Meloni pushes Tunisia to accept IMF loan
Italian Prime Minister, Giorgia Meloni, is urging Tunisia's president to accept the IMF loan conditions to rehabilitate the country's collapsing economy.
Leftist greenery is unscientific and failing – but conservatism goes together with true conservation
Sir Keir Starmer, the British Labour party leader — an organisation organically linked to the country’s major unions — is the latest of many European politicians,…
Polish PM defies court order to stop lignite mine extraction
Poland’s Prime Minister, Mateusz Morawiecki, on June 7 dug his heels in and expressed outrage at a Warsaw court’s decision to suspend a key Polish mining facility’s…
Ireland plan to slaughter 200,000 cows in name of EU climate policy
The Irish government is considering killing 200,000 cows in a bid to combat climate change.
Don’t just focus on casualties: Ukraine war is bad for climate, says Dutch academic
The murderous war Russia is waging in Ukraine is not just killing people, it is also ravaging the climate, researchers say.
UK still European financial powerhouse
The UK has cemented its role as the financial powerhouse of Europe, extending its lead over France as the most attractive location in the region for foreign direct…
Millions of tonnes of Ukrainian grain still stuck in Poland
Less than a quarter of the amount of Ukrainian grain that Polish farmers were promised would be exported out of their country by the start of next month, from a…
Meloni in 1 billion euro boost for Made in Italy brand
Italy's cabinet has approved a bill to help Italy's "Made in Italy" companies increase domestic supply chains.
The Commission’s Green Deal will make the EU dependent on China for minerals and technology
“Renewables are cheap, they are home-grown, they make us independent.
Breton: EU should control important companies
Thierry Breton, the European Commissioner for Internal Market, says the European Union should buy companies that are strategically important to its economy, adding,…
EU nations increasingly split on climate laws
Luxembourg Prime Minister, Xavier Bettel, has stepped into the fray over climate policy raging between Belgium's Prime Minister, Alexander De Croo, and Dutch EU…
Hot air from your ‘European bubble’ won’t get us climate results, Belgian PM tells EC green chief Timmermans
Belgian Prime Minister, Alexander De Croo, has taken a swipe at the European Commissioner, Frans Timmermans, saying the ‘green’ Dutch politician will be unable…
Italy’s GDP growth surpasses France and Germany
In an unexpected turn of events, Italy's GDP has surged since the beginning of 2023, reversing a fall of 0.
Mercedes boss asks for delay to post-Brexit tariff rules
Ola Källenius, Mercedes-Benz’s chief executive, has slammed the European Union saying proposed new regulations will undermine competitiveness in the motor industry.
China’s Belt and Road Initiative is a threat to Italian sovereignty – Meloni is right to be wary
China's Belt and Road Initiative is a land and maritime infrastructure project developed by the People's Republic of China.
Local businesses already suffering as European Commission downgrades presence in ‘European quarter’
Businesses in the European quarter have resorted to promotional gimmicks to fill the hole left by the European Commission, which is downgrading its presence there.
Tunisian President central bank power grab could derail IMF bailout
The President of Tunisia, Kais Saied, wants to reduce the independence of the country’s central bank, Banque Centrale de Tunisie, in a move that threatens a much-needed…
EU economy dragged down by recession in Germany
The European Union’s biggest economy is in trouble, as new figures reveal Germany has officially entered a period of recession that puts the country in “the…