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Europe News
Olaf Scholz kicks off German Unity Day in a former eastern stronghold
As Germany celebrates 34 years of national unification, the chancellor's choice of location for the national anniversary leaves many wondering how politically harmonious the nation is in the face of a looming 2025 federal election.
Europe Decoded
Euroviews. Why is the EU struggling to define its future?
The time for feet dragging is over, but the sense of urgency is still missing. And there is more: In addition to being very demanding, these challenges need to be faced simultaneously. Is that even possible, Ricardo Borges de Castro asks.
Poland
Poland plans to further tighten rules on alcohol sales for under 18s
Alcoholic drinks remain popular in the eastern European country despite the criticism. Poland ranked as Europe's third biggest beer producer in 2023, according to a Eurostat. survey, with the country also being a large exporter of vodka.
Europe News
EU auditors warn €1.5bn defence industry programme stretched too thin
The European Court of Auditors has called for a more robust design and realistic targets on a flagship bid to bolster the EU defence industry, which remains divided over eligibility criteria for funding under the European Defence Industry Programme (EDIP).
Economy
France sells €12bn worth of bonds in last auction before budget
France finished its last bond offering worth €12bn on Thursday, as the country waits for Michel Barnier, the new prime minister, to announce the budget for 2025. It's expected to focus on plans to reduce France's deficit and boost investor confidence.
Europe News
What is the new recipe for MEPs grilling European Commissioners?
The new Rules of Procedure of the European Parliament adopted last April modify the conduct of the hearings on the committees involved, the duration, the speaking time but also introduce more scope for ongoing scrutiny throughout the mandate.
Business
LVMH becomes major sponsor of Formula 1 with new 10-year deal unveiled
LVMH has signed a 10-year global partnership with Formula One, with brands such as Louis Vuitton and Tag Heuer involved. The iconic watch manufacturer Rolex is ending a partnership with Formula One, which has been ongoing since 2013.
