EconomyThe EU has given up on growth – and could soon self-destructJanuary 1, 2024160Consider, for instance, the European Carbon Border Adjustment Mechanism (CBAM). It imposes significant trade barriers between the EU and its...
EconomyBritain to outgrow Germany for years to come as eurozone growth engine stuttersDecember 29, 2023145Mr Cluse added that the UK will be boosted by “the recovery in real incomes amid declining inflation”.Predictions from UBS...
FinanceWolfgang Schaeuble, German elder statesman and finance minister during euro debt crisis, dies at 81December 27, 202395BERLIN (AP) — Wolfgang Schaeuble, who helped negotiate German reunification in 1990 and as finance minister was a central figure...
CurrenciesIran, Russia to Trade in Local Currencies Instead of US DollarDecember 27, 2023110DUBAI (Reuters) - Iran and Russia have finalised an agreement to trade in their local currencies instead of the U.S...
EconomyHow debt-laden Germany put ‘the periphery’ in Europe’s economic driving seatDecember 24, 2023161Italy is wiping the floor with Germany this year in terms of GDP growth and is set to outpace it...
MoneyHungary blocks 50 billion euros in EU aid for Ukraine following approval of membership talksDecember 15, 2023138Hungarian Prime Minister Viktor Orban on Friday blocked 50 billion euros in EU aid for Ukraine, after leaders side-stepped his...
MoneyZelensky hails ‘victory for Ukraine’ as EU agrees to open accession talksDecember 14, 2023142The European Union decided Thursday to open accession negotiations with Ukraine, a stunning reversal for a country at war that...
BankingEuropean Central Bank keeps its key interest rate at a record high. Now, when will it cut?December 14, 2023163FRANKFURT, Germany (AP) — The European Central Bank kept its key interest rate at a record high Thursday and said...
MoneyEU unblocks billions for Hungary even though its leader threatens to veto Ukraine aidDecember 13, 2023104BRUSSELS (AP) — The European Union on Wednesday relented and granted Hungary access to billions of euros in frozen funds...
EconomyEurope to End Robo-Firing in Major Gig Economy OverhaulDecember 13, 2023147Platform workers can no longer be fired automatically by algorithms, according to new European Union rules agreed today in a...