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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.

Green News

Eleven pro-nuclear EU states back declaration at landmark conference

Advocates hailed nuclear power as an enabler of energy security and sovereignty and a reliable option to mitigate climate change.

Business

Czech power company profit reached €1.17 billion in 2023

CEZ said the profit exceeded its initial goal due to additional gains from commodity trading and reliable nuclear power plant production.

Green News

ROUNDUP: Key energy and environment votes in parliament

Lawmakers backed a number of energy and environment files during the European Parliament plenary held in Strasbourg from March 11-14, with some legislative files ready for EU Council approval and others remaining in the pipeline for the next EU mandate.

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Economy

France's inflation figures dip but energy prices keep spark alive

France's inflation rate stood at 3% in February year-on-year, only 0.1% lower than the previous month.

Green News

Belgian Presidency seals withdrawal fix from Energy Charter Treaty

EU executive proposal seeks to establish member states' positions on modernising the treaty at Energy Charter Conference.

Green News

New joint gas tender sees threefold oversubscription

EU mechanism to match buyers and suppliers introduced to counter crisis sees heavy supply side interest.

Economy

Ofgem lowers price cap: What does it mean for British energy bills?

Households in England, Scotland, and Wales will pay 12% less for their energy bills from April, although costs remain historically high.

Green News

UK blames Brussels as it pulls out of Energy Charter Treaty

The UK government has announced its withdrawal from the Energy Charter Treaty, blaming EU infighting for scuppering efforts to reform the post-Cold War treaty that was intended to protect investments in petroleum-rich post-Soviet states, but has mainly been used to sue western European governments.

Markets

Lower oil and gas prices hit Eni's earnings in the fourth quarter

Shares in Italy's Eni SpA fell on Friday after the company published its latest financial results.

Europe News

Putin 'really pushed' the EU's green transition, says von der Leyen

Vladimir Putin's "blackmail" attempts only served to speed up the European Union's green transition, Ursula von der Leyen said on Tuesday.

Green News

Institutions bungled science in maritime ban, claim ethanol producers

Biofuels producers accuse EU co-legislators of discrimination in using crop-based biofuels.

Economy

Euroviews. This is what US President Biden's LNG freeze might mean for Europe

Europe's reliance on Russian gas was challenged in the aftermath of Moscow's full-scale invasion of Ukraine. Afterwards, the continent turned to the US as it became the largest supplier of LNG, Osama Rizvi writes.

Economy

What's in store for LNG and Europe in 2024?

The story of liquified natural gas (LNG) — natural gas cooled down to liquid form for ease and safety of non-pressurised storage or transport — is getting interesting as it increases its share in the global primary energy mix, Osama Rizvi writes.

Markets

Markets’ Week Ahead: European stocks up ahead of ECB rate decision

European shares climbed up as investors expect the ECB to keep rates steady at its monetary policy meeting this week.

Economy

Europe is where we see more 'sluggish growth', says KPMG

High inflation and unemployment could leave the continent lagging behind other major economies in 2024, according to global accounting firm KPMG.

Economy

What are Europe's most concentrated industry sectors?

The concentration data is new and experimental but is useful for gaining a better understanding of how much production in an industry or the entire economy is controlled by a small number of large firms, according to Eurostat.

Economy

US inflation rises to 3.4% in December on energy prices

US year-on-year inflation numbers for December 2023 came in higher-than-expected following energy prices falling at a lower rate

Green News

Deadlock as member states disagree over withdrawal from Energy Charter

Decision on whether to part from treaty remains in limbo, with some EU countries wanting to stay and others having already departed.

Economy

Italian inflation declines while consumer prices surge by 0.2%

Euronews Business breaks down the newest data about Italy's yearly inflation rate, consumer prices, and the factors behind these changes

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