EP backs renewal of EU fisheries deals with Cook Islands and São Tomé
The two protocols will secure access for European tuna boats and surface longliners in exchange for financial contributions.
Economy
Latest reporting and analysis on economy.
EU top diplomat Kaja Kallas calls China a ‘cancer’
The former Estonian prime minister has repeatedly drawn criticism for undiplomatic language, particularly towards Russia.
UK allows Russian-derived fuel imports as North Sea drilling ban stands
According to the Department for Business and Trade, the carve-out applies indefinitely.
Brussels mayor faces pressure over ‘largest’ US Fourth of July celebration in Europe
Philippe Close has come under mounting pressure over plans to host what the US Embassy has described as the "largest Fourth of July celebration outside the United…
EU accepts Trump tariff pact with conditions and dodges latest threat
The compromise covers two regulations applying the EU tariff reductions set out in the EU-US Joint Statement.
Putin meets Xi in Beijing days after Trump visit
Trade between the two countries has expande.d considerably since Russia's full-scale invasion of Ukraine in 2022
Iran war squeezes EU jet fuel as airlines cut flights
Brussels says stocks are under pressure as Lufthansa axes 20,000 short-haul services and airports warn of a systemic shortage.
EP backs tighter screening of Chinese and Russian investment in EU strategic sectors
The sectors covered include defence, financial services, semiconductors, telecommunications, transport and raw materials.
Buy European: Sweden orders €4 billion worth of frigates in France
Sweden has selected France’s Naval Group to supply four new frigates in a major defence contract worth approximately €4 billion, marking one of the largest military…
EU expects to give green light ‘very soon’ on first €90 billion Ukraine loan payment
"The negotiations are going very well. Give us a bit more time and we hope to be able to give the definitive green light on this front very soon".
EU renews sanctions on former Assad regime and lifts curbs on Syria’s interior and defence ministries
EU foreign ministers signed off on the changes at a meeting in Brussels, the Council said.
Germany set to miss 2030 climate target
Europe's largest economy has committed by law to cutting emissions by 65 per cent on 1990 levels by 2030.
Shakira wins €60 million tax battle as Spanish court rejects 2011 fraud case
In a statement, the singer said there had "never [been] any fraud" and expressed relief after years of what she called sleepless nights and reputational damage.
Meloni asks for greater EU fiscal flexibility to tackle the ongoing energy crisis
In a letter sent to European Commission President Ursula von der Leyen, she stressed that this should occur without altering the overall deviation limits.
Poland’s hydrogen bus push falters on high fuel costs
The city of Rybnik reported that hydrogen fleets were more than three times as costly as diesel and four times as costly as hybrids, the report said.
EU and Mexico set to sign sweeping trade and cooperation deal as Washington pressure looms
The deal targets a 50 per cent increase in Mexican exports to the EU by 2030, the Mexican government said.
Swiss Government backs extension of its nuclear reactors
Switzerland's Federal Council has backed the extension of its nuclear reactors.
Russia tightens relations with Taliban
Russia is deepening its engagement with Afghanistan’s Taliban Government and announced a "full-fledged partnership" with the Taliban at the Shanghai Cooperation…
EU foreign affairs chief Kallas: ‘Huge defence funds but European industry not increasing output’
The European Union's High Representative for Foreign Affairs and Security Policy, Kaja Kallas, has warned that Europe’s defence industry is not increasing production…
New book alleges ‘fraud, tax evasion and culture of deception’ at ‘green’ EU darling Northvolt
A new book by award-winning Swedish investigative journalist Gunnar Lindstedt alleges there was a culture of deception, financial mismanagement and regulatory failure…
Italy prepares for a nuclear return
Italy is preparing its most significant return to nuclear energy in nearly four decades, marking a major shift in the country’s industrial and energy strategy…
ECB warns oil shock could force rate hike in June
Alexander Demarco said hopes that the eurozone could ride out the energy spike were "fading" and that he expected the conflict,
EU races to refill gas storage for winter as Gulf supply stays blocked
The European Commission relaxed its gas storage obligation from 90 per cent to a minimum of 75 per cent earlier this year, citing market pressures.
Xi warns Trump of ‘clashes and conflicts’ over Taiwan as Beijing summit leaves Europe on the sidelines
The two presidents have held a closed-door session lasting roughly two hours and 15 minutes – their longest direct exchange since their October 2025.
Turkey lifts direct trade restrictions with Armenia in latest sign of thaw
Yerevan considers the step "an important move towards the development of full and normal relations between the two countries".
Alleged top criminal in Sweden-based Foxtrot gang arrested in Tunisia
The suspect has been identified by Swedish media as Mohamed “Moewgli” Mohdhi.
EU imports record amount of Russian LNG as foreign dependence grows
Russia remains the EU’s second-largest LNG supplier after the US. Deliveries from Russia were driven primarily by France, Spain and Belgium.
Europe wastes record solar power as ageing grids fail to keep pace
The phenomenon, known as curtailment, occurs when grid operators order generators to shut down because transmission networks cannot move the electricity to where…
Trump lands in Beijing for two-day summit with Xi shaped by trade, Taiwan and Iran
The US President, whose last trip to the People's Republic took place in November 2017, is due to hold formal talks with Chinese President on Thursday.
JP Morgan boss threatens to axe £3bn UK investment if Labour swings Left with Starmer replacement
Jamie Dimon, chairman and chief executive of JP Morgan Chase, has warned that the bank could scrap plans for a £3 billion (€3.