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Author: Euronews
Factory output in Germany surpasses predictions for February, although a significant recovery seems far off. ADVERTISEMENTGerman industrial production increased for the second consecutive month in February, according to data released by the country’s official statistics agency on Monday.Compared with January, industrial output increased by 2.1%, the most dramatic monthly rise seen since January 2023.The figure is far more positive than expected, with Reuters analysts having predicted a 0.3% rise. Annual production, however, is still down 4.9%.The driving force behind the monthly increase was a 7.9% jump in the construction sector, as building projects benefited from milder weather.Carmaking output also rose…
Two of the accused have been remanded in custody, while two other minors are pending a hearing on Wednesday. Source link
Bank of America warns of inevitable excessive deficit procedures for Italy, France, and others, bringing back fiscal concerns of the past. Stringent fiscal monitoring and consolidation efforts are anticipated from 2025, potentially impacting economic growth across affected nations. ADVERTISEMENTFiscal nightmares that plagued Europe in the past are making a comeback, affecting Italy, France and other European countries.Last week, during a parliamentary hearing, Italy’s Finance Minister, Giancarlo Giorgetti, indicated the European Commission is likely to recommend that the Council initiate an excessive deficit procedure against Italy and several other countries.In early March, Italy’s national statistics office, Istat,revised the previous year’s deficit to…
This article was originally published in Italian What does the ideal candidate look like? Euronews interviewed members of the European Youth Parliament who are voting in the EU elections for the first time next June. ADVERTISEMENTThey’re between 16 and 23 years old. We don’t know how many are going to vote, but the priorities of the most politically engaged ones seem pretty clear: Climate, equality and security.’Climate change keeps us awake at night’Climate change “is an imminent threat”, according to Kevin Van Hevel, 22, from Belgium. “If I think about myself having children in a somewhat near future, I want to be…
There is a warning that fees for new border checks of plants and animal products could leave supermarket shelves empty and lead to small business closures in the UK. ADVERTISEMENTNewly announced details of a post-Brexit border check system has drawn criticism from businesses and trade bodies in the UK, with a warning that it could inflate food prices and lead the closure of several small businesses. From 30 April this year, firms importing plants or animal products from the EU via the Port of Dover or Eurotunnel will have to pay up to £145 per consignment to cover the costs of a new…
European Commission President Ursula von der Leyen is embroiled in a row over favouritism, after appointing German MEP Markus Pieper as Envoy for Small and Medium-sized Enterprises, a five-year post with a salary of nearly 17,000 euros a month. Source link
Ample female business leaders, a slight gender pay gap and fair maternity policies makes Norway the best country in Europe for female workers, according to a new analysis. Source link
NGOs join lawmakers and senior commission officials in questioning the decision to hand a lucrative official role to a political ally. Source link
Reductions in commercial and civil engineering activity, as well as a decline in new business also contributed to this figure. Source link
Ursula von der Leyen has selected her current chief of staff to run her campaign ahead of the elections to the European Parliament. ADVERTISEMENTBjoern Seibert, a highly influential power broker in Brussels, will act as campaign manager from 8 April until the conclusion of the continent-wide elections on 9 June.Alexander Winterstein, a high-ranking official in the European Commission’s communications department, will serve as chief spokesperson during the same period.The announcement was made on Friday morning by the centre-right European People’s Party (EPP) and immediately raised ethical questions, given the two appointees hail from an institution that, according to the treaties,…