Author: Euronews

Novo Banco spun out of the collapsed Banco Espirito Santo (BES) in 2014 after a state bailout. US investor Lone Star, which bought its stake in Novo Banco in 2017, is now offloading it.

ADVERTISEMENTThe severity of the European Union’s housing crisis has made it harder for citizens to find a home, as a combination of housing supply shortages and high rents continues to be a major issue. According to Eurostat, house prices went up by 48% and rents went up by 22% in 2023. Meanwhile, inflation drove overall prices up by 36%. And the burden has largely affected younger people the most.On average in 2023, EU households spent 19.7% of their disposable income on housing. In the same year, Eurostat data shows that young people make up a significant portion of the population that spend…

European stocks fell sharply after Israel struck Iranian nuclear sites, fuelling fears of wider conflict. Oil and gold surged on safe-haven demand, while bank shares dropped. Markets are pricing in higher geopolitical and energy supply risks.

Three Nordic countries top the list for women to work and live in, while two southern European countries are at the bottom, according to a recent study.

The president said that he would set country-specific rates in less than two weeks — after reaching a tariff deal with China.

Tusk, who previously served as Polish prime minister from 2007 to 2014, returned to office in December 2023 in a country hit by the pandemic and inflation and facing significant political divisions.

The world’s biggest tech companies saw their indirect carbon emissions grow by 150 per cent from 2020 to 2023 as AI use expands, a new UN report found.

Published on 10/06/2025 – 16:55 GMT+2•Updated 17:03ADVERTISEMENTFrench leftist MEP Rima Hassan has remained in Israeli custody and was awaiting a hearing on Tuesday before an Israeli judge, after being detained the day before alongside seven other people. Hassan was part of the “Freedom Flotilla”, a group of activists who set off on 3 June from Catania, Italy, to try to deliver humanitarian aid to Gaza by boat but were intercepted by Israel’s authorities about 200 kilometres from the coast on Sunday evening.The Israeli Foreign Affairs Ministry said then that the crew of the Madleen vessel had been provided with water and sandwiches but Hassan’s team said that after…

Employers are hesitant to recruit more staff as they contend with a rise in payroll taxes and a bumped-up minimum wage.

In this episode of Smart Regions, we went to Satu Mare, a Romanian town on the border with Hungary, where the Stea association uses chess to facilitate the integration of the most vulnerable children.