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Economy

Italy seeks carbon border tax freeze, raising stakes for Mercosur

Rome’s backing for the Mercosur deal is still not guaranteed, even after the Commission offered earlier funding for farmers. Rome is now calling for the EU's carbon tax to be lifted. Mercosur signature may still be delayed.

Economy

Mercosur deal: Von der Leyen pledges early funding for EU farmers

The Commission has offered early access to €45 billion of fuding under the next Common Agricultural Policy budget as soon as 2028 to appease farmers. While France’s backing for the Mercosur deal remains highly uncertain, all eyes are on Italy. Prime Minister Meloni welcomed the proposal.

Economy

EU agriculture ministers to hold crucial talks ahead of Mercosur vote

With the European Commission expected to offer assurances to opponents worried about their farmers, the EU’s 27 ministers will meet on Wednesday for a “political” discussion before an expected vote on the pivotal trade deal on Friday.

Europe News

EU exporters of heavy goods to start paying for their CO2 emissions

Steel and aluminium exporters to the EU will start paying for the CO2 emissions linked to their production as of 1 January 2026. Critics have accused the EU's law of 'protectionism' and say it will hurt trade.

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EU.XL

The EU: Out of touch or in your hands? Know more, ask more with Euronews’ EU.XL coverage

EU.XL, Euronews’ new weekly deep-dive programme, addresses the disconnect between EU citizens and the institutions and becomes the bridge between policymakers and Europeans.

Europe News

Exclusive: Energy price distortions must end, Portuguese minister says

In an exclusive interview with Euronews, Portugal's Energy and Environment Minister Maria da Graça Carvalho said ensuring a level playing field among member states will be "essential" to lowering electricity prices across the bloc in 2026.

Europe News

In 2025, global trade cracked under tariffs and new China shock

Hit by US tariffs and Chinese weaponisation of critical goods, the EU became squeezed by the aggressive trade agenda of the world’s two largest economies. Brussels now ponders new alliances and new markets.

Europe News

Mercosur signature delayed to January after Meloni asks for more time

The European Commission announced it will delay the signing of the Mercosur trade agreement until the new year after Meloni asked for more time. No date has been set. Backers hope deal won't be further derailed.

Europe News

Exclusive: EU Commissioner defends scrapping diesel and petrol car ban

Climate Commissioner Hoekstra defended scrapping the landmark proposal to ban combustion-engine cars, calling it "a smart, wise compromise for climate and competitiveness." Meanwhile, critics say Brussels is backtracking on its green agenda.

Health news

EU moves to strengthen biotech industry to boost global competitivenes

The new EU Biotech Plan wants to keep research, clinical development, and manufacturing within the European Union.

Europe News

Signing Mercosur deal is now 'imperative', Commissioner Hoekstra says

In an exclusive interview, European Commissioner for Climate Wopke Hoekstra said signing the Mercosur trade agreement is essential. Rome and Paris, however, are seeking to delay a crucial vote that could push or kill the deal.

Europe News

EU gets tough on carbon border tax, vows to protect domestic producers

European producers of steel and aluminium will face higher CO2 emissions costs, but the European Commission wants to channel part of the revenues of the EU's carbon border tax to help heavy industries decarbonise.

Europe News

EU-made combustion cars to comply with 90% emissions reduction by 2035

The remaining 10% of emissions will need to be compensated for by using low-carbon steel 'Made in the EU' or sustainable fuels. The EU executive revoked the 2035 ban on the sale of new cars and vans powered by diesel or petrol after pressure from some EU countries and the automotive industry.

Europe News

Farmers must not be sacrificed, lawmaker says on Mercosur

The EU’s South American trade deal risks becoming another blow to European farmers as Brussels moves to cut agricultural spending, Green MEP Thomas Waitz warned. The deal has entered a crucial week in Strasbourg and Brussels.

Europe News

All eyes on Italy as Mercosur deal hangs in the balance

Rome is torn between protecting farmers and maintaining exports to Mercosur countries. But supporters of the Mercosur agreement fear its silence signals Italy may not be on board.

Europe News

European Commission turns up pressure on France over Mercosur deal

France wants to delay member states’ vote on the agreement amid mounting farmer anger. But the EU executive says a shifting global geoeconomic landscape makes the deal urgent.

Health news

How is cardiovascular disease affecting Europe’s health and economies?

A new European report warns of the burden of cardiovascular diseases – the leading cause of death for the last two decades, now accounting for one‑third of all deaths every year.

Europe News

EU energy ministers to tackle price discrepancy among member states

High energy taxes and extra charges on the final bill from energy producers are creating large discrepancies among member states fueling the case to complete energy market. EU member states look to narrow the gap.

Europe News

EU energy ministers back fund for cross-border resilience from 2028

The Connecting Europe Facility is part of the European Union's multi-annual budget for 2028-2034, which foresees nearly four times as much money as the previous budget. It is intended to increase cross-border investment in electric grids, pipelines and renewable energy projects.

Europe Today

Europe needs to stand up to Trump on climate, Tubiana tells Euronews

The CEO of the European Climate Foundation, who served as France's climate change ambassador for the 2015 United Nations climate summit in Paris, remains a climate optimist and points to China as an example to follow.