Author: Euronews

The minister president of Saxony, Michael Kretschmer, says a return to the 40-hour week is necessary to maintain economic prosperity in Germany. Source link

Ukraine says it anticipated the renewed offensive, with thousands more Russian troops already massed along the northeastern border. ADVERTISEMENTRussia has renewed its efforts to break through Ukrainian defences in the north-eastern Kharkiv region, according to Ukrainian authorities.The Ukrainian armed forces rushed reinforcements to Kharkiv on Friday to hold off a Russian attempt to breach local defences. At the same time, intense shelling targeted the Ukrainian city of Vovchansk, which is less than five kilometres from the Russian border.The shelling killed at least one civilian and wounded five others, according to regional governor Oleh Syniehubov. Authorities began evacuating about 3,000 people…

The 15,000 acre plot is halfway between Norway and the North Pole. It lies at the heart of a pristine wilderness which has provoked debate over climate change and is the focus of geopolitical tensions among global powers who are eager to exploit the natural resources of the Arctic region. ADVERTISEMENTThe last remaining privately owned land on the Svalbard archipelago in Norway, “with significant environmental, scientific and economic importance” is on sale, for €300 million. “This is a once-in-a-lifetime opportunity to acquire land on one of the world-famous Svalbard islands,” Will Matthews, Head of Farms & Estates at Knight Frank told…

They’re set to make historic gains in June’s European elections, but Europe’s rising right wing parties need to find unity if they are to wield greater influence on the EU stage, experts tell Euronews. Source link

With the future of our planet at stake, banks need to be ambitious and move beyond policies that only offer mere lip service instead of solutions that meet the sheer scale of the challenge. Failure to do so would be unconscionable, Zahra Hdidou writes. Source link

European companies in China are finding it harder to make money as growth slows and overcapacity pressures increase, according to a new survey by the EU Chamber of Commerce in China. Source link

European Union countries kicked off on Wednesday negotiations on the next round of sanctions against Russia, which for the first time targets LNG. ADVERTISEMENTThe proposal on the table breaks a long-held taboo in Brussels as Russian gas has been until now completely spared from any restrictions, despite repeated calls from Poland, the Baltics, the Nordics and, most passionately, Ukraine.But the plan, designed by the European Commission, falls short of an all-out import ban, as the bloc previously did with coal and seaborne oil.Instead, it aims to prohibit trans-shipments of Russian liquefied natural gas (LNG), meaning the practice of re-exporting LNG that…

EU businesses have many demands for the new government. Most of all, they want a powerful and resolute message: Europe is open for business and its brightest days are yet to come. ADVERTISEMENTThe EU elections, due to be held between 6 June and 9 June this year, have already drawn a significant amount of attention, with several parties promising different regulations and facilities, especially for businesses.According to the European Council on Foreign Relations (ECFR), this year’s elections could potentially swing to the right in several countries, because of an increase in the appeal of populist radical right parties. On the…

The origins of the commemorative day date back to 1950, when Europe was still healing from the devastating aftermath of World War II. Source link

The pharma giant AstraZeneca has requested that the European authorisation for its Covid-19 vaccine be pulled, according to the EU medicines regulator. ADVERTISEMENTShares in AstraZeneca were slightly higher on Thursday despite an update on the European Medicines Agency’s website on Wednesday stating the regulator said that the approval for AstraZeneca’s Vaxzevria had been withdrawn “at the request of the marketing authorisation holder.”AstraZeneca’s Covid-19 vaccine was first given the nod by the EMA in January 2021. Within weeks, however, concerns grew about the vaccine’s safety, when dozens of countries suspended the vaccine’s use after unusual but rare blood clots were detected…