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Economy

Three years on: How Russia's invasion reshaped energy prices across EU

Euronews Business looks at how residential electricity and gas prices have evolved since Russia's invasion of Ukraine and compares prices with pre-invasion levels.

Economy

German producer prices stay subdued as energy prices heat up

The producer price index, which looks at the average change in selling prices that domestic producers get for their services and goods, was down for the 16th month in a row.

Earth News

Hungary slammed for 'absurd' proposal to delay aviation fuel levy

While the diesel, petrol and electricity used for rail and road transport is heavily taxed, airlines and maritime transport – from fishing boats to cruise ships – continue to enjoy a free ride – a situation that may encourage environmentally harmful travel choices.

Business

Shell takes billion dollar hit as it pauses building of biofuels plant

The firm reveals a write-down mainly associated with it's Rotterdam and Singapore plants and says that trading in its core gas division will decline on the quarter.

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Economy

Spanish inflation rises for third consecutive month after VAT hike

A jump in electricity prices linked to higher VAT rates is pushing up inflation in Spain. Upticks are being seen across the eurozone, although the causes are varied.

Economy

Inflation rate in Hungary edges up slightly to 3.7% in April

After 14 months of decline, the rate of inflation in Hungary rose again.

Economy

Italian inflation steadies as markets eagerly await ECB rate cut

A drop in energy prices brings monthly inflation to a lower-than-expected rate as price increases also cool on an annual basis.

Economy

Ireland reveals fuel and broadband price increases from April

Ireland launched a phased plan last year to bring excise rates back to the levels they were at before the Russia-Ukraine war.

Economy

Energy prices push Spanish inflation higher: Cause for ECB concern?

Year-on-year inflation, as measured by the Consumer Price Index (CPI), increased by 3.2% in March, while core inflation, which excludes energy and unprocessed food, fell to 3.3% in Spain.

Markets

US diesel exports to Europe see slide in February

Diesel supplies to Europe are under pressure following disruptions at US refineries, aggravated by global instability.

Economy

French inflation falls to two-year low as energy prices decline

Consumer prices fell 0.2% in Europe's second-largest economy in January compared to the previous month.

Economy

Hungarian inflation falls to two-year low as energy prices decline

Food inflation slowed down remarkably while energy became cheaper than last year.

Economy

Precarious finances: 38% of Europeans no longer eat three meals a day

More than half of Europeans say their budget has tightened over the past three years, according to a recent study.

Mobility

What's behind India's booming interest in EVs?

India has become one of the fastest-growing EV markets in the world.