EU considers concessions as Russia threatens Black Sea Grain Deal
The European Union is considering concessions that will allow more money to flow to Russia.
Trade
Latest reporting and analysis on trade.
Australia says EU’s offer on free trade isn’t ‘good enough’
The European Union has failed to offer Australia satisfactory terms to seal a free-trade accord, Trade Minister Don Farrell said, as small but important sticking…
Horizon science talks ‘crunchy’ as UK and EU seek new deal, says Hunt
Negotiations over the renewal of UK participation in the European Union’s Horizon Europe science programme are ongoing, despite reaching a "crunchy" phase, according…
Brazil’s Lula says EU should ‘give up’ protectionism, be ‘more humble’
Brazil's President Luiz Inacio Lula da Silva said on June 22 that the European Union should stop adopting a protectionist stance if it wants to reach a long-delayed…
Europe is falling behind. Other than regulation, is it still a world leader at anything?
Who remembers the EU’s Lisbon strategy of 2000? Probably not many, so let’s revisit its ambitious goals.
UK dodges Brexit slump, says upbeat French bank report
Despite doom-laden headlines dogging the UK post-Brexit predicting prolonged economic misery, one of Europe’s biggest banks has now concluded that leaving the…
EU agriculture chief slams boss von der Leyen over farmers’ aid delay
European Commission President Ursula von der Leyen has been accused by one of her own top-ranking officials of dragging her feet over compensation payments to Member…
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…
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…
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.
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.
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…
EU and G7 set to clamp down on Russian diamonds
The European Union has promised to limit trade in Russian diamonds as part of a broader western clampdown
Polish businesses ‘facing bankruptcy’ after Belarus border closure
A escalating spat between Poland and Belarus over an imprisoned journalist risks bankrupting Polish businesses, according to correspondence between the European…
Turkey defers $600 million Russian energy payment
Turkey has deferred payment to Russia of a $600 million natural gas bill to 2024, two sources said on Wednesday, the first such postponement under a deal announced…
Italy’s birth crisis is shrinking school classes, minister says
Angelo Amante
Potential US presidential candidate Ron DeSantis against new EU-wide trade deals; UK deal much more likely
Florida Governor Ron DeSantis does not appear a big fan of the EU’s way of doing business.
Spain pleads for EU support for farmers suffering ‘historic’ drought
The Spanish government is pleading for help from the European Commission as its farmers suffer a historic drought that looks set to destroy a large part of this…
Brussels backs down: Commission approves restrictions on Ukrainian grain after central European spat
The European Commission said on April 19 that it will introduce restrictions on imports of Ukrainian cereals.
Dutch industry frets about cost of EU carbon market
The European Parliament on April 18 approved sweeping reforms to the European Union's carbon market in hope of bringing down emissions, though Dutch industrialists…
Poland and Hungary defy EU on Ukrainian grain
Unilateral action on trade by European Union member states is unacceptable, a European Commission spokesperson said on Sunday, after Poland and Hungary announced…
EC President von der Leyen links China trade deal with Ukraine war as tensions escalate
European Commission President Ursula von der Leyen hinted at rewriting the EU’s market access agreement with China on March 30 in the latest sign of a shift towards…
Brexit: EU, UK in final push to get deal over the line
European Commission President Ursula von der Leyen travelled by Eurostar to London on February 27 to meet UK Prime Minister Rishi Sunak ahead of what is expected…
Russia sanctions evasion ‘massive’
Western sanctions against Russia have triggered large-scale evasion, according to Wopke Hoekstra, the Dutch Minister of Foreign Affairs.
Is ‘green’ legislation an excuse to put up trade barriers?
Is ‘green’ legislation an excuse to put up trade barriers?