EU
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The major European carriers saw their share prices decline after the region’s busiest airport had to temporarily close on Friday. Airline shares slipped on Friday after the sudden closure of London’s Heathrow Airport due to a major power outage. Hundreds of thousands of passengers had their flights cancelled after a fire knocked out power at…
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The European Commission has confirmed it would phase out the term “Rearm Europe” to describe its multi-billion initiative to rearm Europe after backlash from the leaders of Italy and Spain, who argue the name is excessively charged and risks alienating citizens. From now on, the plan to ramp up defence capabilities and production across the…
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The European Union has announced retaliatory trade action with new duties on U.S. industrial and farm products, responding within hours to the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%. The world’s biggest trading bloc was expecting the U.S. tariffs and prepared in advance, but the measures still place great…
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Canadians “will stand up strongly and firmly” to Trump’s steel and aluminium tariffs, Justin Trudeau has said. Speaking on the sidelines of the Paris artificial intelligence summit, the Canadian prime minister said the “unacceptable” tariffs would have a negative impact. As we have been reporting this morning, the president announced 25% tariffs on steel and…
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The European Union owes its origins to a trade agreement that involved coal and steel. At its very heart is a belief that free trade between partners is a fundamentally good thing. Nothing is more certain to upset policymakers in Brussels than the spectre of swingeing tariffs. They saw this coming, of course. Leaders in…
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We brought you reports last night on Donald Trump’s decision to raise tariffs on aluminium and steel imports into the US. Here is what we know this morning… The US president substantially raised tariffs on steel and aluminium imports to a flat 25% “without exceptions or exemptions” in a move he hopes will aid the…
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Wales’s first minister has said she is unsure the European Union would want the UK to re-join as the country “didn’t behave very well” in recent years. Eluned Morgan told Plaid Cymru leader Rhun ap Iorwerth that allowing the country back into the bloc was “not going to be as straightforward as [he] and [she]…
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Benefit fraudsters could be banned from driving and subject to bank account snooping if they fail to pay back the taxpayer, under a new government crackdown. In an effort to curb welfare fraud, the Department of Work and Pensions (DWP) has launched what has been dubbed the biggest fraud crackdown in a generation. The Public…
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The US president-elect has refused to rule out an attack on Greenland, a Danish self-governing island and NATO ally. Donald Trump has doubled down on his threat to use military force to seize control of Greenland, a self-governing territory belonging to the Kingdom of Denmark, stoking tensions with his European allies. Denmark should cede the…
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Residents from Romania and Bulgaria can now travel freely in the Schengen area. The combined 25 million residents of Bulgaria and Romania now join nearly 450 million EU citizens who already have the freedom to move around the Schengen zone, after land border checks were officially lifted. It had been a long time since the two…
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Voting in Europe during 2025 promises major political shifts – Germany’s snap Bundestag vote, Romania’s presidential race, Poland’s referendum on Tusk’s government and the rise of populist forces in Czechia, Norway and beyond. These contests could reshape the future of the European Union. If 2024 was a year marked by elections around the world –…
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Taking purchasing power standard (PPS) into account, the gaps in average annual full-time salaries across the EU are narrower than in nominal terms, though significant differences persist. Euronews Business investigates. Have you ever wondered which countries pay the best in Europe? Or how your salary stacks up against others across the EU? With living costs…
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The European Union is proposing to sanction several Chinese firms that it claims helped Russian companies develop attack drones that were deployed against Ukraine. The European Commission, the EU’s executive arm, is also looking into imposing restrictions on additional Russian oil tankers to curb Moscow’s ability to circumvent existing restrictive measures, according to documents seen…
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Donald Trump’s election victory has fuelled fear among some Ukrainians that US support could be put under threat. But one politician says he believes the president-elect will pursue “victory for Ukraine” and that Vladimir Putin is “not his friend”, despite reports the pair have recently spoken. Oleksiy Goncharenko, Ukrainian MP for Podilsk in Odesa, told…
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Europe needs to be ready to defend itself, not because of Trump’s victory in the US, but because of Russian President Vladimir Putin, the new commissioner for defence and space told MEPs during his confirmation hearing on Wednesday. The EU must spend more, better, together and European, the future commissioner for defence and space told MEPs during…
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Viktor Orbán’s proposal for a quick ceasefire in Ukraine led to a rebuke by Volodymyr Zelenskyy, who called it “nonsense and disharmony”. Viktor Orbán and Volodymyr Zelenskyy brought their long-simmering showdown to Budapest on Thursday with separate press conferences that laid bare their diametrically opposed visions on how to end the war in Ukraine. The…
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