Industry and EU leaders have poured cold water on Brussels’ ambition to play a more direct role in supporting the European arms industry, questioning the benefits of more intervention and the means...
The eurozone’s collective wage growth has slowed for the first time in 18 months, but economists said the decline was unlikely to be enough to ease rate-setters’ concerns over high inflation.Data...
21/02/2024
Ursula von der Leyen has kicked off her campaign for another five years at the helm of the European Commission, pledging to improve the EU’s defence capabilities, improve business competitiveness and...
20/02/2024
European competition authorities are focusing more on companies in the consumer sector as inflation heightens the risk of uncompetitive behaviour.In 2022, 17 unannounced inspections — dawn raids —...
19/02/2024
The European Commission has downgraded its forecasts for EU and eurozone growth for 2024 as high interest rates weigh on economic activity, but it said inflation is expected to halve from last year’s...
16/02/2024
History suggests that it’s worse to loosen monetary policy too soon than too late, according to European Central Bank Governing Council member Joachim Nagel.“From past experience, it was often more...
15/02/2024
Investors have become more optimistic about Germany’s prospects this year, reflecting increasing confidence that the eurozone’s largest economy will return to growth amid falling inflation and...
14/02/2024
Brussels is proposing to impose sanctions on three Chinese companies and one Indian business as part of its latest measures to damage Russia’s war machine.If member states approve the plan, it would...
13/02/2024
Italy’s new central bank chief has said the time for cutting interest rates is “fast approaching” and dismissed fears of a fresh inflationary spiral, in the latest sign that pressure is mounting to...
12/02/2024
Europe’s third-largest pension fund has sold €2.8bn of its holdings in oil groups including Shell, BP and TotalEnergies because they were not doing enough to produce credible plans for the clean...
09/02/2024