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Europe News

Stoltenberg lashes out at China for echoing Russia's propaganda

The NATO Secretary General warned of "severe consequences" if China provides lethal aid to Russia.

Europe Decoded

Analysis: Sanna Marin's defeat puts European socialists in tight spot

The Finnish election adds a new chapter in a list of electoral defeats by socialist parties, including in Sweden, Italy and France.

Europe News

'No coherence': Chinese EU Ambassador blasts von der Leyen's speech

Ambassador Fu Cong said Ursula von der Leyen's speech on China was ridden with "misrepresentations and misinterpretations."

Economy

Eurozone inflation falls sharply but core rate reaches new record high

Annual inflation across the eurozone fell from 8.5% in February to 6.9% in March, one of the steepest drops in recent years.

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Europe News

China uses Putin's weakness to shift power balance, says von der Leyen

Ursula von der Leyen delivered on Thursday a highly critical speech on China and urged the EU to avoid falling for "divide-and-conquer tactics."

Europe News

EU extends 15% gas reduction plan until March 2024

Gas savings have become a powerful tool to fend off the worst effects of the energy crisis.

Europe Decoded

Nuclear-made hydrogen sets the stage for the next EU fight

Member states are split on whether nuclear-made hydrogen should count towards the European Union's renewable energy goals.

Europe News

EU agrees to exempt e-fuels from 2035 ban on combustion-engine cars

The exemption was included at the behest of Germany, which mounted a last-minute campaign to spare e-fuels from the 2035 ban.

Economy

Explained: Why the EU's banking union is still unfinished business

The banking union was first pitched in 2012, at the height of the eurozone crisis, but the project remains incomplete to this day.

Europe News

Italy and Poland oppose e-fuels deal struck by Brussels and Berlin

The regulation on CO2 standards will be put to a final vote on Tuesday during a meeting of energy ministers.

Economy

EU leaders insist eurozone is 'resilient' as Deutsche Bank plunges

Financial markets have been rocked since the collapse of Silicon Valley Bank and the government-brokered takeover of Credit Suisse.

Europe News

'We cannot go back on deals,' Metsola says amid e-fuels standoff

Germany has blocked the final approval of a legislation that will impose a 100% reduction in CO2 emissions on new cars and vans sold after 2035.

Economy

EU leaders meet in Brussels to discuss Ukraine, economy and migration

The summit in Brussels comes mere days after Chinese President Xi Jinping and Russian President Vladimir Putin met in Moscow.

Europe News

China must condemn Russia's war to be 'serious' on peace: Stoltenberg

The NATO Secretary General said China needs to "understand Ukraine's perspective" and engage with President Volodymyr Zelenskyy.

Europe Decoded

Winter is gone. But can we really say Europe's energy crisis is over?

Against all odds, Europe managed to fend off the worst-case scenario of the energy crisis, mainly thanks to savings and weather events.

Economy

ECB ready to preserve 'as necessary' the eurozone's stability: Lagarde

Christine Lagarde's comments come in the midst of persistent turmoil across Europe's banking sector.

Europe News

MEPs urge Metsola to intervene in standoff with Germany over e-fuels

Germany is demanding an exemption for e-fuels in order to unblock a 2035 ban on combustion engine vehicles.

This will impact your life

Electricity market reform: What exactly is a contract for difference?

The reform proposed by the European Commission has a strong focus on long-term electricity contracts.

Europe News

EU should 'stay alert' after Silicon Valley Bank collapse: McGuinness

"Higher inflation and rising interest rates present different challenges to financial stability," said European Commissioner Mairead McGuinness.

Europe News

Brussels bets on long-term contracts to reform EU electricity market

The proposed reform is a direct response to the energy crisis, which last year pushed electricity bills to record highs.

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