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Europe in Motion

These EU countries have the highest tax-to-GDP ratio

Tax-to-GDP ratio has seen a slight decline across the EU in 2023. However, trends varied significantly amongst different countries.

EU Decoded

EU DECODED: Pros and cons of tariffs on Chinese electric vehicles

The first episode of this programme that aims to decode the European Union (EU) legislative process explains why the European automotive industry is at a critical crossroads. Will tariffs on Chinese electric vehicles help competitiveness or trigger a trade war?

Economy

French government unveils unprecedented budget cuts for 2025

The draft budget plan will be under intense scrutiny by the EU Commission after Brussels formally warned France of its excessive budget deficit back in June.

Economy

France’s new PM Barnier confirms tax hikes for larger companies

Michel Barnier, France's new prime minister, has confirmed that taxes for bigger companies and richer citizens will be raised, in an attempt to plug the growing hole in the country's public finances.

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Business

Could Britain's soaring taxes push energy companies to Norway?

UK taxes on oil and gas profits have risen from 40% to about 78% in the past three years, prompting several energy companies to think about pulling out of the country.

No Comment

The finance bill fury, Nairobi's streets on fire

Anti-tax protesters in Nairobi clashed with riot police on Tuesday, blocking roads and burning tires after recent tax legislation caused deadly unrest.

World News

Kenya's president Ruto withdraws finance bill after deadly protests

The apparent concession came to pass after at least 22 people were killed and scores injured in violent protests in the capital of Nairobi.

World News

Several killed as anti-tax protesters storm Kenya's parliament

Prices for fuel, food and other necessities have soared in the country, where President Ruto has vowed to quash unrest.

Economy

What a taxing idea! Where in the world you find the strangest levies

From blueberries to piercings, junk food to baby name approval taxes, Euronews Business reflects on unusual tariffs from around the world.

Economy

Thousands of UK-based millionaires set to move overseas

The UAE remains the world's leading millionaire magnet, while China and the UK are set to see mass exoduses.

World News

European elections: What do voters want? What do candidates promise?

Watch episode 16 of Euronews' guide on the European elections, taking place from June 6 to 9.

World News

European elections: What do voters want? What have candidates pledged?

Watch episode five of Euronews' guide to the European elections, taking place from June 6 to 9.

Economy

Should European countries abolish inheritance taxes?

The "death tax" is one of the most emotive and controversial levies, but what would its abolition mean for inequality?

Europe News

Activists outside EU Parliament demand higher taxes for super-rich

The protest was orchestrated by three major charities and visited by several prominent MEPs.

Economy

Going Solo: How singles get hit the worst in a cost of living crisis

From housing to travel costs, singles regularly see higher costs than their coupled-up counterparts, which could get worse due to the current cost of living crisis.

Economy

Where does the middle class pay the highest and lowest tax in Europe?

The tax burden on the middle class differs across the EU, as well as across the different income segments.

Economy

UK public sector net borrowing rises: What does it mean for taxes?

Increases in income tax, corporation tax and national insurance collections contributed to January’s total public sector receipts.

Travel News

Would a 'climate fee' help prevent overtourism in Hawaii?

Years of disrespectful behaviour from tourists has forced Hawaii to raise funds to undo the damage.

Economy

Where in Europe do people pay the highest taxes?

Euronews Business takes a closer look at tax across Europe to see where people are paying the most - and the least.

Green News

How is the French government trying to calm farmers' protests?

Unfair competition from imports and fair pay are two of the issues farmers are protesting over.