Economy Archives

The Commission wants to make sure that significantly less than 90% of the EU budget will be committed long-term from day one.

Gaming enthusiasts - famously a rowdy bunch - are unlikely to be satisfied with a non-binding legal act.

EU policymakers' push to strengthen the single currency might be a dangerous mistake.

Stockholm says the proposal threatens the sale of nicotine pouches and undermines national tax sovereignty.

EU-US agreement in principle could come in days, Maroš Šefčovič says.

Katherina Reiche said Europe needs fewer, not more trade barriers with the US.

Merging all defence industry programmes into the new European Competitiveness Fund puts the focus on boosting domestic arms producers.

The EU is “among the toughest” trade negotiators, Trump said on Tuesday.

Major sums could be directed towards competitiveness and technology with military uses.

“Broad support” to finish soon – but issues including holding limits and compensation for banks still up for debate.

Bulgaria becomes the 21st EU member to adopt euro after the EU's green light.

The consolidated cash pot aims to plug some of Europe's investment gap by deploying public funds to free up private capital.

The European Commission president also warned that Brussels’ relationship with Beijing will only improve if China ceases its “unyielding support” for Russia and transforms its export-oriented economy.

White House Press Secretary Karoline Leavitt told reporters Monday that Trump would sign an order later in the day to delay his 9 July deadline for steeper tariffs to take effect.

The news comes just hours after Spain’s Carlos Cuerpo and Lithuania’s Rimantas Šadžius withdrew from the race to lead the powerful group of eurozone ministers.

The move means Ireland’s Paschal Donohoe is almost certain to be re-elected president of the powerful group of eurozone finance ministers later on Monday.

“We're fully geared up to get an agreement in principle by Wednesday, and we're firing on all cylinders to that effect,” a European Commission spokesperson said on Monday.

Stephanie Lose told Euractiv that Europe’s defence build-up must be combined with “wise decisions” to lower debt and deficit levels.

"It's not a new deadline. We are saying, this is when it's happening," Treasury Secretary Scott Bessent said.

Steeper duties are set to take effect on 9 July on dozens of economies, including the EU.

No one is denying the climate crisis. Yet a go-it-alone strategy won’t save the planet. It will only destroy what remains of the European economy and the unprecedented prosperity the continent once enjoyed.

Move follows a months-long investigation seen as retaliation for EU tariffs on Chinese EVs.

Facing backlash from unions and business groups, Romania’s government is under fire over an austerity plan critics say punishes workers while doing little to fix systemic issues.