Europe News Euro reaches parity with dollar for the first time in 20 years The value of the common currency has plunged since Russia launched the invasion of Ukraine. 12/07/2022
Europe News Inflation in the eurozone reaches new record high of 8.6% Soaring energy prices are still the main driver behind inflation, but fresh food is also becoming more expensive. 01/07/2022
Europe News Hungary blocks EU deal on 15% minimum corporate tax Budapest argues the new tax would deal a "low blow" for European competitiveness and put jobs at risk. 17/06/2022
Europe News Eurozone to get its first interest rate hike in 11 years next month The European Central Bank will hike interest rates in July in a bid to tame inflation. 09/06/2022
Europe News Mixed fortunes as three European economies reveal post-Ukraine invasion GDP It's good news for some and bad for others as France, Italy and Switzerland published GDP growth figures today. 31/05/2022
Europe News Ukraine war is 'a wake-up call' for faster transition to green energy "No country controls the wind and the sun. Let’s make sure that this is the last time that the global economy is held hostage to the hostile actions of those who produce fossil fuels." 17/05/2022
Europe Decoded Explained: Just how dependent is the EU on Russian oil? The bloc gets over 25% of its oil from Russia through a vast network of ports and pipelines. 03/05/2022
Europe Decoded After coal, the EU faces an uphill battle to ban Russian oil and gas As EU countries agree to ban Russian coal, all eyes turn to oil and gas, Moscow's most profitable exports. 12/04/2022
Europe Decoded Watch: Spain & Netherlands strike surprising alliance on fiscal reform The two countries want the EU fiscal rules to become more simple, transparent and realistic. 05/04/2022
Europe Decoded As the war in Ukraine rages on, Europe braces itself for stagflation The war in Ukraine has sent inflation in the eurozone soaring, threatening the post-pandemic recovery. 04/04/2022
Europe News Ukraine war pushes eurozone's inflation to a record 7.5% Energy prices are once again the main drivers behind soaring inflation, recording a 44.7% rise on an annual basis. 01/04/2022
Europe News EU relaxes state aid rules for companies impacted by war in Ukraine Brussels first relaxed its strict state aid rules to mitigate the economic impact of COVID-19. Now it's doing it again because of Russia's invasion of Ukraine. 23/03/2022
European Debates Public health key priority for EU citizens, reveals poll The survey was carried out between November and December last year. 09/02/2022
Europe News EU agriculture reforms clear final hurdle, but doubts still remain On Thursday the European Council rubberstamped the Common Agricultural Policy (CAP) reforms legislation, which will come into force on January 1, 2023. 02/12/2021
Europe News Brussels urges caution despite strong economic growth forecasts The EU Commissioner for the Economy Paolo Gentiloni delivered the European Semester Autumn Package on Wednesday. While he insisted that the worst is behind us, he still warned against the possible negative effects of the pandemic on the economy. 24/11/2021
Europe News EU parliament gives green light to agricultural reforms MEPs voted overwhelmingly in favour of changes to the bloc's Common Agricultural Policy (CAP). 23/11/2021
Europe News Eurozone inflation hits 13-year high amid persistent energy crunch Prices across the eurozone rose by 4.1% in October, up from 3.4% in September. 29/10/2021
Europe News Strict or flexible? Brussels kicks off debate to reform fiscal rules The European Commission is calling for a gradual reduction of public debt but estimates the green transition will need €650 billion in annual investments until 2030. 19/10/2021
Europe News Vaccines and lifting of restrictions speed up EU's economic recovery Both the EU and the eurozone are set to expand by 4.8% in 2021, with 12 member states already offsetting all their economic losses this year. 07/07/2021
world news OECD: Much of Europe to take three years to recover from pandemic Many of Europe’s economies are expected to take nearly three years to recover to pre-pandemic levels, despite global prospects improving as countries open up and roll out vaccination programmes. 31/05/2021
Europe News EU economy set to grow faster than expected thanks to vaccination The European Commission estimates that this year the EU and the eurozone will grow by 4.2% and 4.3%, respectively. 12/05/2021
Europe News Brussels wants to cut down EU's dependence on key imports The European Commission has identified 137 products in strategic sectors, like healthcare and high tech, where the EU is highly dependent on imports. 05/05/2021
world news Europe’s economy slid back into recession as US roared ahead The European economy officially entered a double-dip recession in the first quarter of the year, as the continent paid the price for slow vaccine rollouts and extended lockdowns. 30/04/2021
state of the union Europe's week: Orban leaves the EPP, as Brexit makes a dramatic return While Hungarian Prime Minister Viktor Orban left the EPP Group after it changed its internal rules, MEPs delayed a decision on when to vote on the Brexit deal. 05/03/2021
Europe News Eurozone's rising debt 'likely to equal its GDP for first time' The 100% debt-to-GDP ratio will be the legacy of the huge borrowing undertaken to cushion the impact of the coronavirus lockdowns. 03/03/2021
Europe News Economic forecast: Some EU countries will recover in 2021, others must wait until 2022 Commissioner Paolo Gentiloni warned that uncertainty remains high but that the vaccine roll-out and the EU's recovery fund could help accelerate growth in 2021. 11/02/2021
