The boss of Renault has called for a European war chest to fund electric vehicle subsidies and raw materials, as well as joint infrastructure planning, to see off fierce competition from China.In an...
A new EU carbon tax on electricity will lead to increased CO₂ emissions in Europe and cause a jump in prices for consumers in the bloc, the energy industry has warned.The bloc’s Carbon Border...
19/03/2024
Borrowing costs for European companies have fallen to a two-year low against benchmark bonds, as shifting expectations on interest rates narrow the gap with their US counterparts.The average European...
15/03/2024
The European Central Bank has announced one of the biggest overhauls of its connections to the financial system for a decade, outlining plans to lend more to commercial banks while shrinking its vast...
14/03/2024
Brussels has taken another tentative step towards improving employment conditions for workers at ride-sharing and delivery groups such as Uber and Deliveroo, following a long fight with individual...
13/03/2024
Brussels is pushing to give Ukraine €2bn-€3bn this year from profits derived from Russia’s frozen assets, accelerating the funding plan as US financial support to Kyiv wanes.The European Commission...
12/03/2024
The EU is at “higher and higher” risk of systemic financial shocks from climate change, the head of Europe’s environment agency has warned, as research showed the continent should prepare for...
11/03/2024
The European Central Bank has signalled June is the earliest it is likely to cut interest rates after it lowered its forecasts for inflation, predicting it will reach its 2 per cent target next year....
08/03/2024
Jeremy Hunt assured voters on Wednesday that his tax cutting Budget would raise long-term growth by helping people into work, rather than relying on “unlimited migration”.But the latest forecasts...
07/03/2024
The German government will invest billions of euros in capital markets and use the proceeds to shore up the country’s embattled pension system, according to a draft law unveiled on Tuesday.The...
06/03/2024