Author: Euronews

Almost two-thirds of EU citizens say they are “likely” to vote in the upcoming elections to the European Parliament. ADVERTISEMENTThe findings stem from the latest edition of the Eurobarometer, the parliament’s official survey, which collected the opinions of over 26,000 people in the 27 member states.Released on Wednesday morning, it will be the last survey of its kind to be released before the bloc-wide election, scheduled to take place between 6 and 9 June.In total, 71% of respondents declare they are “likely” to cast a vote to choose who represents them in the 720-member hemicycle. This represents a 10-point increase…

LVMH shares fell at market close on Tuesday after the company failed to cheer investors with its latest financial results. Source link

A Brussels gathering of far-right European politicians was disrupted on Tuesday after police moved in to force its shut-down. Source link

France and Germany’s economies are the worst-performing in Europe, while the UK is seen as doing moderately well. On the up side, Spain and Italy are seeing distinctly more positive signs. Source link

A human resource crisis at the Commission comes ahead of a sensitive changing of the guard in Brussels. Source link

European markets were all in the red on Tuesday afternoon as traders continue to monitor developments in the Middle East – and digest fresh economic data from China. Source link

The European Union will “start the necessary work” to hit Iran with heavier sanctions after Saturday’s aerial attack on Israel, the bloc’s top diplomat has said. ADVERTISEMENTSpeaking following an exceptional virtual meeting of EU foreign ministers on Tuesday, Josep Borrell said he would ask his services to study the possibility of expanding existing EU sanctions against Iranian drone technology.It would see the current sanctions regime – established in July 2023 to punish Iran for aiding Putin’s war machine with unmanned drones – expanded to include missiles and to also cover Iran’s proxies in the region.The bloc would also weigh the possibility…

A drop in energy prices brings monthly inflation to a lower-than-expected rate as price increases also cool on an annual basis. Source link

Some political groups appear unwilling to cede Parliament’s lawmaking prerogatives to fast-track eleventh-hour approval of major deregulation of the EU’s agricultural subsidies and soothe protesting farmers. Source link

IMF expects the Eurozone to recover from 2023’s 0.4% growth, with projected rises to 0.8% in 2024 and 1.5% in 2025. Inflation decline allows central banks to consider rate cuts, but Middle East tensions threaten to hike oil prices and shipping costs, potentially dampening the economic outlook. Source link