Economy
Inflation in the eurozone could remain significantly above the European Central Bank’s 2% target for the rest of 2026, according to ECB Chief Economist Philip Lane, as energy-market risks and geopolitical developments continue to complicate the outlook for consumer prices. Eurozone annual inflation......
New European Union rules aimed at reducing emissions from maritime transport are becoming an increasingly important factor in competition between ports on both sides of the Strait of Gibraltar. As carbon costs become part of shipping companies' calculations, operators are reassessing routes, transshipment......
The European Union’s agricultural sector could face significantly higher financial losses from extreme weather events in the coming decades, with annual damages potentially exceeding €40 billion by 2050 and reaching as much as €90 billion in particularly severe years, according to a study......
European natural gas prices rose sharply in July 2026, reaching their highest level since the beginning of 2023 as supply concerns and strong seasonal demand continued to influence the region's energy market. According to recent market data, the average price of natural gas increased significantly......
The European Union has announced it will formally demand explanations from Washington following the sudden imposition of new United States tariffs targeting dozens of international trading partners. European Union Foreign Policy Chief Kaja Kallas criticized the move, stating that the fresh customs duties......
A major shift in textile waste management has come into force across the European Union, with new rules banning large companies from destroying unsold clothing, fashion accessories and footwear. The measure aims to reduce waste and encourage the industry to adopt more sustainable practices. Effective......
Morocco's exports to the European Union reached €2.5 billion in May 2026, reflecting a modest increase compared with the same month last year, according to the latest trade figures released by Eurostat. Imports from the EU stood at €2.8 billion, underscoring the strength of the long-standing......
European stock markets began Friday's trading session on a weaker footing as investors reacted to renewed selling pressure in semiconductor shares, extending losses that first emerged on Wall Street before spreading across Asian markets. The negative momentum carried into Europe, where major benchmark......
Industrial production in the eurozone unexpectedly declined in May, according to newly released official data, signaling continued challenges for the region's manufacturing sector despite resilience in some industries. Industrial output fell by 0.2% compared with the previous month, marking the......
European Central Bank policymakers have signalled a measured approach to future interest rate decisions, stressing the need to remain vigilant on inflation while indicating there is no immediate case for a rapid tightening of monetary policy. The comments, made on Wednesday, suggest that although inflation......
Solar energy became the largest source of electricity generation in the European Union during June, marking another milestone in the bloc's transition toward renewable energy, according to new analysis from energy think tank Ember. The report found that solar power accounted for approximately 25%......
The European Central Bank (ECB) has selected 36 payment service providers to participate in the next phase of its digital euro project, marking a major step forward in Europe’s plans to develop a central bank-backed digital currency. The group includes several major financial institutions operating......
Egypt is set to receive €1.5 billion from the European Union in the coming days as part of a broader macro-financial assistance programme aimed at supporting the country’s economy, according to Egyptian officials. The disbursement represents the first of two remaining instalments under a......
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