Author: Euronews

In February 2024, France exported €50.3 billion worth of goods, while its imports amounted to €56.3 billion, equating to a trade deficit of €6 billion. ADVERTISEMENTEssentially, a country that imports more goods and services than it exports in terms of value has a trade deficit or a negative trade balance. Conversely, a country that exports more goods and services than it imports has a trade surplus or a positive trade balance.The latest data from France’s statistical office comes after the Bank of America warned of inevitable excessive deficit procedures for France – and others.”Many things fiscal are making a return in…

The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. We need to ban all synthetic pesticides and implement agroecological practices that boost health and nature as quickly as possible. What is the EU waiting for, Agnieszka Basińska, Francis Balay and Xavier Brenez write. ADVERTISEMENTIn November 2023, despite strong opposition, the European Union extended authorization for the use of the toxic herbicide glyphosate by 10 years — and now it has abandoned its green pact pledge to reduce the use of pesticides by 50%.The current situation with pesticides brings…

Disney has already made changes to its theme parks over the past few years, such as upgrades in animatronics and robotics, as well as adding new rides. ADVERTISEMENTEntertainments group Disney is planning to invest $60 billion (€55.3 billion) in its theme parks over the next 10 years.And some of that cash will go to Disney’s iconic European park, Disneyland Paris, which will seeing upgrades to its entrance, as well as for key experiences such as Ahsoka. Paris park can expect to see an impressive array of experiences, such as the “Kingdom of Arendelle”, a night time show called “Disney Symphony of…

This article was originally published in Italian In the EU elections, the citizens of the 27 member states will only choose candidates in their own country. Some parties would like to change this rule. ADVERTISEMENTThe Volt party, which presents itself with the same electoral programme in 16 different states, will compile a list with candidates from different countries. The main candidates will be two current MEPs, chosen by the party’s members: Dutch Sophie In ‘T Veld, who sit in the Renew Europe group, and German Damian Boeselager, already elected with Volt in 2019, who is part of the Greens/Free Alliance for…

Wirecard shareholders are accusing EY Germany, part of one of the world’s biggest audit firms, of taking steps to protect its lucrative non-audit business from being used for legal payouts. ADVERTISEMENTFormer Wirecard shareholders are suing audit firm EY Germany, accusing it of internal reorganisation and potentially asset stripping it to prevent payouts and compensation in connection with the collapse of the tech payments company. The company’s collapse in 2020 shook Germany where it had long been the darling of the country’s fintech scene. It filed for insolvency in that year after reporting €1.9 billion ($2 billion) that had been on its balance sheet…

The Russian oligarch and ex-Chelsea FC owner saw funds frozen for his apparent ties to Putin. Source link

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…