Author: Euronews

The announcement follows deals with Moldova and Norway as the bloc attempts to bolster its military credentials. ADVERTISEMENTThe EU has half a dozen more defence deals planned, after signing two with Moldova and Norway in recent days, the bloc’s most senior diplomat said today (29 May).Brussels is attempting to bolster its military credentials given the Ukraine war and possible second Trump presidency – and the next EU executive, due to take office in November, may well appoint a dedicated defence commissioner.“Six more are in the pipeline,” EU High Representative Josep Borrell told the Schuman Forum in Brussels, after the bloc…

Germany’s annual inflation rose to 2.4% in May, matching forecasts, while the core rate held at 3.0%. Consumer sentiment improved to an over 2-year high as market watchers anticipate an ECB interest rate cut in June. Source link

The far-right National Rally party currently tops the French polls, raising concerns of a rightward lurch across the European Union. Source link

Although the United States and Asia are expected to see decent growth, European prospects remain bleak. ADVERTISEMENTThe World Economic Forum (WEF) released its latest Chief Economists outlook on Wednesday, which surveys top economists from both the private and public sectors.According to 82% of chief economists, the global economy is likely to become more robust, or at the very least, stay the same in 2024. This is nearly twice as many as was seen towards the tail end of 2023. On the other hand, the percentage of chief economists betting on worldwide conditions worsening plunged from 56% in January 2024, to…

Radio Schuman is your new go-to podcast to spice up your weekday mornings with relevant news, insights, and behind-the-scenes stories from Brussels and beyond ADVERTISEMENTIt’s May 29th and political parties have eight more days to persuade Europeans to vote for them in next week’s elections. The fight is on for the attention of voters, and nowhere more than on digital platforms, the new field of battle for political campaigning. Who is winning the digital political campaign for Europe? Which political groups pay online platforms the most to get their messages out? In this podcast, we explore ad spending of political…

As the AI boom continues to fuel earnings on both sides of the Atlantic, European companies mirror the success of their US counterparts. Source link

Since the start of the war, Western allies have asked Ukraine to refrain from using their donated weapons to strike deep inside Russia. Source link

Deutsche Bank has cut Numis’ valuation by about €233 million following the takeover in April 2023, which is believed to be one of the biggest reasons for Numis’ US branch shutdown. ADVERTISEMENTDeutsche Bank has announced it is to close down its Numis US operations, after its takeover of Numis in April last. Following the £410 million (€481.67 million) acquisition, Numis, a London-based stockbroking and corporate advisory group, was renamed Deutsche Numis.However, in February, Deutsche Bank revealed it had reduced Numis’ valuation by about €233 million. This is believed to be one of the driving forces behind the decision to shut…

Europe’s 10 notable cartoonists have had their work animated to encourage people to vote in the European elections from 6-9 June. Euronews exclusively presents their work in favour of a democratic, plural and vibrant Europe. Source link

Let’s implement what has been decided in the current mandate, give more visibility to economic actors, strengthen Europe’s competitiveness and ensure a fair transition for all citizens, UFE President Christine Goubet-Milhaud writes. Source link