Author: Euronews

The European Commission is hardening its tone in response to Ukraine’s new law weakening the independence of two anti-corruption agencies.

Published on 23/07/2025 – 10:45 GMT+2 ADVERTISEMENT UniCredit S.p.A. has kicked off the European banking earnings season with a stellar performance, surpassing analyst expectations and raising its full-year guidance, buoyed by robust core revenues and pristine asset quality. The Milan-based lender posted a record net profit of €3.3 billion in the second quarter of 2025, lifting its first-half earnings to €6.1 billion. Earnings per share surged to €2.16, up 34% year-on-year and well ahead of the €1.55 forecast. Core revenue rose 1.3% annually to €5.9 billion in the quarter. According to the bank, these results are transforming what was meant…

Published on 22/07/2025 – 16:35 GMT+2 •Updated 16:36 ADVERTISEMENT A British man who dreamed of being like James Bond was convicted on Tuesday of trying to spy for Russia. Howard Phillips, 65, sought to pass information about former Defence Secretary Grant Shapps to two men he believed were Russian agents. However, the contacts were actually undercover British intelligence agents. A jury at Winchester Crown Court found Phillips guilty of assisting what he believed to be a foreign intelligence agency. The unanimous verdict came after four hours of deliberations. He was remanded into custody and will be sentenced in autumn although…

A banana duct-taped to a museum wall – ‘Comedian’, a conceptual artwork by Italian artist Maurizio Cattelan – has once again been eaten by a visitor. It’s not the first time, and probably won’t be the last.

The Wolin East 1 well is estimated to hold 22 million tonnes of crude oil and 5 billion cubic metres of natural gas, with the broader concession potentially containing even more.

Following the appointment of a Western Europe CEO, neobank Revolut has announced a recruitment drive as its new Paris HQ takes shape.

On Saturday, anti-immigration marches under the slogan ‘Stop Immigration’ took place in more than 80 Polish cities. Some of them were accompanied by counter-manifestations by left-wing circles. A total of 100 public gatherings were reported across the country.

Despite the global slowdown in the luxury goods sector, Europe is showing growth. In 2024, the value of the market in the region increased by 3% and reached almost €110 billion. What is behind this paradox?

Russian air strikes on Ukraine overnight into Saturday have killed one person in Odesa. The strikes come as Russia has intensified its military offensive in Ukraine, with analysts warning of potential further escalation.

ADVERTISEMENT In 2023, 15% of employed people in the EU were unable to afford a one-week holiday away from home. While this percentage might not appear very high at first glance, it represents around 42 million workers. In each of the EU’s “Big Four” economies (Germany, France, Spain and Italy), over 5 million workers were unable to afford a week-long holiday according to Eurostat data published by the European Trade Union Confederation (ETUC). “Taking a break with family or friends is important for our physical and mental health, and it is a basic part of the European social contract,” said…