Author: Euronews

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

The EU’s new digital identity wallet, designed to streamline personal information storage and sharing, has raised concerns and conspiracy theories. The Cube takes a look at them. Source link

This move could significantly slow down Britain’s ambitious net-zero plans to increase lithium battery production domestically, in order to decrease dependence on China. Source link

Markus Pieper won’t be starting work at the European Commission, after his recruitment drew censure from MEPs. Source link