English

Jack Schickler

Europe News

Crises in France and Germany spell trouble for Europe's economy

Government collapses in Berlin and now Paris will hamper efforts to address Europe’s burgeoning deficits and spluttering competitiveness.

Europe News

Alleged Reynders lottery scam exempted from EU law

Former European Justice Commissioner Didier Reynders is being investigated for an alleged practice involving purchasing multiple lottery tickets – a sector that a new Brussels law passed earlier this year explicitly deems low risk.

Europe News

Didier Reynders allegations: What happens next?

A money laundering probe into the former European Commissioner could drag on for weeks or months – and it’s unclear whether he benefits from legal immunity.

Europe News

Four things to know from the hearings to be EU Ombudsman

In hearings held on Tuesday, six candidates battled to win MEPs' favour and be elected EU Ombudsman. Even for this neutral role, politics is never very far from the surface.

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Europe News

‘No clue’ how to implement EU’s new AI rules: insurance lobby chief

The new von der Leyen Commission must have a radical rethink of laws on climate change, investment and data if Europe is to compete, AXA’s Frédéric de Courtois told Euronews.

Business

'Loopholes’ in EU’s €100bn corporate tax avoidance fight, auditors say

Brussels recently scored a win when judges ruled Apple should reimburse €13bn in underpaid taxes – but a high-profile tax havens blacklist is undermined by weak sanctions, and warnings of cross-border schemes often go unheeded, auditors said.

Europe News

Which MEPs backed Ursula von der Leyen’s second Commission term?

The German incumbent won a relatively narrow victory in her bid for a second mandate as European Commission President – and her support has all but vanished from countries such as France.

Europe News

Germany, Netherlands, Austria face Brussels warning for budget spend

Rejigged EU austerity rules – in play for the first time since the pandemic – are now coming back to haunt the bloc’s biggest deficit hawks, in a move likely to prove explosive to national politics.

Europe News

EU watchdog blasts von der Leyen’s freebie Greek holiday

The incumbent Commission president has been accused of a conflict of interest in accepting hospitality from Prime Minister Kyriakos Mitsotakis, just days before MEPs decided whether to grant her a second term in office.

Business

Northvolt collapse leaves EU taxpayer on the hook for €293m

The Swedish battery maker filed for bankruptcy last week, dashing ambitions for the European electric vehicles sector – and leaving significant EU loans outstanding

Europe News

Modern, stubborn, on the streets: the Dutch candidate for EU ombudsman

Reinier van Zutphen is one of six candidates from Estonia to Portugal vying to replace Emily O'Reilly, who's responsible for probing maladministration among EU bureaucrats for over a decade.

Europe News

Will Trump steal the EU’s crypto crown?

Some hope a long-awaited new EU law will help the bloc attract innovative digital businesses — but it may have trouble competing with a new pro-crypto administration in the US.

Travel News

Barcelona may not be allowed to ban Airbnbs under EU law

Catalonia has said they want to rid Barcelona of its 10,000 holiday lets in the next 5 years.

Europe News

Europe’s new missile, warship projects get cautious thumbs-up

The European defence sector grew by a remarkable 17% last year – but is still calling for longer-term certainty as governments seek to invest in security.

Europe News

Bank of England hails warmer EU relations after Starmer’s reset pledge

A shift in trade patterns with Europe has weighed on the UK economy, Governor Andrew Bailey said.

Economy

EU inflation forecast to tumble as Brussels warns of looming trade war

The European Commission has hailed a 'gradual' rebound in economic activity, but warns the EU is 'especially vulnerable' amid rising geopolitical tensions.

Business

AI use poses risks to global financial system, standard-setters warn

The Financial Stability Board said the technology could lead to herding, fraud and disinformation, as jurisdictions such as the EU examine the case for further regulation.

Europe News

‘Russian warship, go f*** yourself’ can’t be trademarked: EU court

The slogan uttered by a Ukrainian border guard on Snake Island has become a symbol of defiance against Russian aggression – but it’s more political than commercial, the EU judges said.

Europe News

Spain to do ‘whatever it takes’ to aid flood victims: finance minister

In an interview with Euronews, Carlos Cuerpo said it was too early to point the finger over deadly floods in Valencia, as tens of thousands protest a government response they see as inadequate.

Europe News

Play ball on anti-crisis banking laws, EU finance pick tells Trump

In a three-hour hearing held on Wednesday, Maria Luís Albuquerque rejected calls to slash insurance laws to boost the economy, while brushing off conflict-of-interest fears from her own private sector career.

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