Author: Euronews

Eurozone inflation has dropped from above 10% at its 2022 peak to a near three-year low of 2.4% in April. Forecasts see a rise to 2.5% when May’s data comes out later this week. Source link

Hungary continues to veto EU military assistance to Ukraine, preventing member states from getting their donations partially reimbursed. Source link

The UK government offers support measures for the semiconductor industry but it may still not be enough to measure up to US and European grants. Source link

Polish defence officials presented plans to fortify the country’s eastern border, as fears of foreign aggression intensify. ADVERTISEMENTDefence officials in Poland have presented a plan to strengthen security on the country’s border with Belarus. The plan involves beefing up anti-drone surveillance and on-ground military defence through a system of fortifications and barriers along about 700 kilometres of its eastern border with the Russian ally.  Poland, which supports Ukraine against Moscow’s full-scale invasion, is being targeted by hostile actions from Russia and Belarus, according to Warsaw. They include cyberattacks, attempted arson and pushing migrants illegally across the border, which officials describe as intended to destabilise the…

German energy company RWE is to build two new wind farms in the North Sea off the German coast, in a major expansion of its portfolio of offshore energy production. Source link

Palestinian Prime Minister Mohammad Mustafa says the Palestinian Authority is making reforms that would allow it to govern Gaza after the war. ADVERTISEMENTPalestinian Authority Prime Minister Mohammad Mustafa says his government is preparing to eventually govern all of the Palestinian territories, including Gaza.He’s also calling on more European countries to join Ireland, Spain and Norway in recognising the state of Palestine as the first step towards lasting peace in the region.”We need to work quickly to help our people in Gaza” and “prepare for the day that we will be in power in Gaza”, he told journalists in a press…

Chinese giant Alibaba, which owns the low-cost marketplace AliExpress, seeks to boost sales in the face of growing competition from Temu and Shein. Source link

Experts from around the world gathered in Florence for the 14th edition of the State of the Union conference to discuss the priorities of the next European term. ADVERTISEMENTAs the upcoming European elections draw near, debating the most urgent issues facing the bloc has become increasingly crucial. Economic policies, as well as the digital and green transitions, topped the agenda of the 14th edition of the State of the Union conference.Speakers from around the world flocked to the Italian city of Florence for the two-day event to reflect on what has been achieved so far and what Europe should focus…

The Japanese manufacturer is unhappy with the way sponsorship money has been used, according to sources in Japan. Source link

Lawmakers in Washington are introducing two similar bills that seek to persuade the Georgian government to ditch a controversial “Russian law”. Source link