Meloni’s grand plan for Africa: Oil wheels of investment to drive down migration
Italian Prime Minister Giorgia Meloni unveiled her vision regarding Italy’s Africa relationships with the presentation of the “Mattei plan” - named after…
Economy
Latest reporting and analysis on economy.
EC leaves Amazon/iRobot merger no room to manoeuvre
An organisation representing Europe's technology industry has expressed anger after the European Commission pulled the plug on a proposed merger between US firms…
Sanctions nearly always fail: That is the lesson the EU and the United States should take from their vain attempts to curtail Russia and China
The last year has shown significant shortcomings when it comes to West’s ability to use economic statecraft as a tool in international politics.
‘EU will hurt Hungary if it blocks further Ukrainian aid’
Secret documents show the European Union is planning to intentionally damage Hungary's economy if the country decides to reject more funding for Ukraine at an upcoming…
Germany’s Scholz calls for completion of EU capital markets union
German Chancellor Olaf Scholz called on Sunday for the European Union to complete its creation of a banking and capital markets union, so the bloc can compete with…
Paris ‘under siege’ as farmers’ demonstration escalates
Farmers in France have launched a "siege of Paris" after the country's Government failed to roll back various “green” restrictions on the agriculture sector.
Paris leads race for EU’s new AMLA HQ but Dublin ‘gains momentum’
Several countries are competing to house the European Union's newly formed anti-money laundering authority (AMLA).
Despite a foot in both EU and UK markets, Northern Ireland still can’t flourish
Uniquely, Northern Ireland has full access to both the EU and UK market but its economy has still struggled to take advantage, economists and civil society leaders…
Red tape ties up most of €800 billion EU ‘green’ fund
An €800 billion European Union programme set up to fund the bloc’s “green” and digital transitions has been held up by red tape, with fewer than a third…
Plan to ‘shield’ EU against Chinese tech set to ruffle Member States’ feathers
The European Commission has unveiled new "economic security" proposals mainly aimed at managing European Union relations with China and aligning more with the US.
Climate scientist fired for refusing to fly returns after 72 days of ‘slow travel’
In October, Italian climate scientist Giancula Grimalda refused on environmental grounds to take a plane home after research in Papua New Guinea.
Many ECB staff ‘not impressed’ with Lagarde
Lagarde, the first ECB President without a background as a trained economist, has lost the confidence of more than a thousand of her staff, according to a survey…
Polish farmers join Europe-wide protest movement
Poland’s farmers have demonstrated in at least 180 locations against the implementation of the European Union's Green Deal programme and the uncontrolled influx…
Tesla CEO Musk: Chinese EV firms will ‘demolish’ rivals without trade barriers
Tesla CEO Elon Musk said on Wednesday that Chinese automakers will "demolish" global rivals without trade barriers, underscoring the heat the U.S.
Digital euro ‘could significantly destabilise banking system’
"Central Bank Digital Currencies use blockchain technology but in a different way than cryptocurrencies.
Belgium led by ’emperor with no clothes’ as it joins Club Med
Belgium has managed to break into the so-called "Club Med" - Mediterranean countries with higher government debt to GDP ratios - and has surpassed Portugal in such…
French farmers dig heels in against European Green Deal with mass protests
French farmers declared a week of intensive protests targeting the European Green Deal, amid ongoing demonstrations against the plan across the continent.
EU tightens purse-strings on money laundering – football clubs and crypto outfits may be injured
MEPs and the European Council reached a final agreement over further measures to strengthen the European Union's arsenal against sanctions evasion, money laundering…
EU budget clampdown risks ‘economic and democratic suicide’ Green Group leader warns
Splits in the pro-EU European Parliament coalition are emerging after the Green Group broke ranks to oppose the bloc's proposed budget reforms.
Polish Government hot under the collar over new nuclear-power plant site
The Polish Government and the deputy head of a regional Polish authority in the Baltic Coast region have questioned the location of the country’s first nuclear…
Bonn Climate Prize recognizes local heroes for environmental innovations
Bonn, Germany In the wake of the devastating 2021 floods that swept through German towns, Monika Hallstein found a renewed purpose.
Death metal in a mining town, Arctic Nest’s Arctic dreams, and industrial uproar: stories from Kainuu
Kainuu, Finland. With just under 40 thousand people, the town of Kajaani is the biggest town in the sub-arctic region of Kainuu.
European ‘arrogance’ behind current EU crises, German minister tells WEF
European "arrogance" regarding world order led to the continent's current economic difficulties, Germany's climate change minister said during a World Economic Forum…
Bpost and Belgian Government sued by private postal rival PPP
Belgian private postal service PPP is suing its rival Belgian Post Group (Bpost) and the Belgian Government.
Hamburg’s Mayor left flat by electric car’s range
The Socialist Mayor of the German city of Hamburg Peter Tschentscher is dumping his electric Mercedes EQE 500 as, it seems, with the current cold weather its range…
Good COP, bad COP? Macron takes flak over environment pledges
After winning praise at the COP 28 UN Climate Change Conference in Dubai for announcing €173 million in donations to multilateral climate funds, France's President…
EU and China trade blows at World Economic Forum
China and the European Union have exchanged verbal blows at the World Economic Forum amid ongoing tensions over trade.
EU mulls Red Sea naval mission but support divided over US/UK missile strikes
With European Union representatives meeting to discuss a possible naval mission to the Red Sea, members are divided on whether or not to support ongoing US and UK…
‘Biden’s green LNG review risks making US energy dependent’
According to a recent report in Politico, the current US administration is conducting a review of Liquefied Natural Gas (LNG) export facilities under construction…
Germany’s shrinking economy to boost populist AfD further, say experts
Germany's already bleak economy looks set to contract further through 2024, economists have told Brussels Signal.