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Peggy Corlin

Economy

Dutch government suspends takeover of Chinese-owned Nexperia

In a major u-turn, the Dutch government has backed away from the chip supplier, which plays a strategic role in Europe’s automotive industry.

Economy

Macron in balancing act over Mercosur deal

After showing more flexibility on the trade agreement with Latin America, French President Emmanuel Macron has renewed his opposition to the text. But he is not assured of securing enough support in Brussels to block it.

Economy

US trade representative to meet EU trade chief in Brussels

A meeting between US Trade Representative Greer and EU Trade Commissioner Šefčovič will take place next week - and it could get heated as the US pushes for more concessions and faster implementation of trade deal cut in July.

Europe News

Exclusive: 'Everything can be weaponised,' says EU trade chief

EU Trade Commissioner Maroš Šefčovič told Euronews in an exclusive interview that the Nexperia incident is "beginning to be resolved", but points to lessons about critical dependencies: "Everything can be weaponised."

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Economy

EU steps up crackdown on cheap Chinese parcels flooding Europe market

EU economy ministers agree to tax small parcels coming from China putting Shein and Temu in the hot seat.

Economy

Commission investigates Deutsche Börse and Nasdaq possible collusion

The EU antitrust enforcer is investigating a potential agreement between the two stock exchange groups for derivatives, arguing it may be in breach of European rules designed to spur competition in the EU market.

Business

Brussels wary of Beijing's key tech component export control plans

The EU executive was unable to confirm on Monday whether China had lifted all export controls on rare earths and Nexperia chips for European industries.

Economy

EU inks agriculture deal with Ukraine but political obstacles remain

The EU’s new export agreement with Ukraine comes into effect on Wednesday, even as Hungary, Poland and Slovakia maintain a ban on Ukrainian agricultural imports — a move that underscores the challenges of integrating Ukraine’s vast farming sector into the European Union.

Economy

Why is China restricting rare earth exports and will the EU respond?

European Commission President Ursula von der Leyen says the EU is ready to use "all tools" in response to Chinese export controls of rare earths as industry suffers.

Economy

Tensions high as China and EU prepare another meeting on rare earths

Maros Šefčovič's meeting with his Chinese counterpart is cancelled. Instead, EU and Chinese experts will discuss China's rare earth export controls in Brussels.

Europe News

EU countries mull response to China's squeeze on rare earths

China's restrictions on rare earths are expected to be raised during a meeting of EU leaders as capitals mull how to respond.

Economy

EU Commission calls for no escalation with China over rare earths

In a tense context for European companies, European Commissioner for Trade Maroš Šefčovič held a phone call on Tuesday with his Chinese counterpart Commerce Minister Wang Wentao over rare earth export restrictions.

Economy

Feeling the strain: Italian pasta makers boil over Trump tariffs

Faced with the threat of exorbitant US tariffs, Italian pasta producers are hoping for political support — and that they will not have to wait for a legal resolution to their case.

Economy

EU trade chief Šefčovič slams China’s rare earth export curbs

EU Trade Commissioner Maroš Šefčovič took aim at China and its new trade policy on rare earths on Tuesday, denouncing "unprocessable" Chinese requests on EU companies.

Economy

EU Commission slaps three major fashion brands with €157 million fine

An investigation launched in 2023 revealed that Gucci, Chloé and Loewe imposed their own pricing policies on retailers, thereby increasing product prices and reducing consumer choice. Gucci was hit the hardest, with a fine of €119 million.

Economy

'Not up for discussion': Brussels rejects US pressure on climate rules

In response to US demands to roll back the EU's environmental legislation, the European Commission defended its autonomous power to adopt laws.

Economy

European Parliament lawmakers vote against the Mercosur deal

Inserted into a parliamentary resolution, a few lines welcoming the Mercosur agreement were rejected by a majority of European lawmakers on Wednesday.

Economy

European Commission wields protectionist powers to shield EU steel

EU tariffs on steel imports will be doubled to 50% beyond a reduced quota, compared to the volumes currently entering duty-free.

Economy

Is basmati rice Indian or Pakistani? Do not ask the EU Commission

From the Punjab plains to Brussels — who would have thought that the dispute over basmati’s origin would end up on Europeans' plates?

Economy

'Time is running out' for Europe’s steel workers, sector tells the EU

Suffocated by Chinese overcapacities and US tariffs, the European steel industry says its very survival is at stake, urging the European Commission to introduce strong protective measures.

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