Economy



Ten years after Brexit: assessing the long-term impact on the UK economy

A decade after British voters chose to leave the European Union, economists, business leaders and policymakers continue to debate the full consequences of one of the most significant political and economic decisions in modern British history. While Brexit delivered greater national control over trade......

EU deepens strategic ties with Brazil to secure critical mineral supply chains

The European Union is intensifying efforts to secure long-term access to critical minerals by strengthening its partnership with Brazil, a move aimed at reducing dependency on concentrated global supply chains dominated by a limited number of producers. Speaking during a visit to Brazil, EU Commissioner......

European Union prepares new tariffs on Chinese plug-in hybrid vehicles

The European Union is reportedly preparing to introduce new tariffs on Chinese-made plug-in hybrid vehicles as part of its broader effort to address concerns over trade imbalances and competition within the automotive sector. According to reports, the European Commission is considering countervailing......

ECB wage tracker signals cooling pay growth despite inflation pressures

The European Central Bank (ECB) has reported that wage growth across the eurozone is gradually slowing, suggesting that recent inflationary pressures have not triggered a sustained surge in pay demands among workers. According to the ECB’s latest wage tracker data, negotiated wage growth is expected......

Calls grow for a common European debt strategy to strengthen economic resilience

The debate over the creation of a common European debt instrument has regained momentum as policymakers and economists increasingly argue that deeper financial integration is necessary to strengthen the European Union’s economic resilience and global influence. Supporters of joint debt issuance......

Euro struggles to expand global role despite uncertain U.S. policy, ECB report finds

The euro has failed to significantly increase its share in global financial markets despite expectations that inconsistent economic policies in the United States could strengthen its position, according to a new report from the European Central Bank (ECB). The ECB found that the euro’s global......

EU warns of jet fuel shortages as Strait of Hormuz tensions persist

The European Commission has issued a warning that aviation fuel supplies across the European Union could tighten in the coming weeks if instability around the Strait of Hormuz continues, highlighting the deepening impact of Middle East tensions on global energy markets and air transport. Following meetings......

China is negotiating with EU over its steel trade measures

China has confirmed that it is currently engaged in negotiations with the European Union regarding new restrictions imposed on duty-free steel imports. According to a spokesperson from China’s Ministry of Commerce, the discussions are taking place under the framework of the World Trade Organization......

France, Italy and Spain Call on EU to strengthen and accelerate trade defence measures

Several European Union member states, including France, Italy, and Spain, are urging the European Union to reinforce and accelerate its trade defence mechanisms in response to what they describe as unfair competition from low-cost imports that threaten European industries. The initiative, also supported......

Mexico and the European Union move toward a new trade era

Mexico and the European Union are preparing to sign a long-awaited free trade agreement aimed at strengthening economic cooperation and reducing dependence on the United States market. The agreement marks a major step in the relationship between both partners as they seek greater trade diversification......

Morocco raises €2.25 billion in eurobond sale amid investment push

Morocco has raised €2.25 billion through an international bond issuance, reinforcing its access to global capital markets as the country continues to finance large-scale infrastructure and development programs. The operation was split into two tranches with maturities set for 2034 and 2038, reflecting......

European Union to release €3.2 billion in first budget aid to Ukraine in mid-June

The European Union is preparing to release approximately €3.2 billion in financial assistance to Ukraine around mid-June, marking the first disbursement under a larger support package designed to stabilize the country’s public finances amid the ongoing war. European Commissioner for Economy......

Turkish Business Group calls on Europe to revive Türkiye’s EU membership process

Foreign Economic Relations Board (DEIK) has launched a new public diplomacy campaign urging European leaders to revive Türkiye’s long-stalled bid to join the European Union, describing the move as strategically important for Europe’s future. As part of the initiative, the organization......

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