Author: Euronews

ADVERTISEMENT Political support is growing across the European Union for a groundbreaking plan to issue a €140 billion loan to Ukraine based on the immobilised assets of the Russian Central Bank, which would help the country sustain its economy and armed resistance. “It’s a very good idea,” Finnish Prime Minister Petteri Orpo said at an informal summit of leaders on Wednesday. “I think that we have to go forward with that.” His Swedish counterpart was equally positive. “We have long argued in favour of a more offensive way of using the frozen assets because it’s simply not acceptable to have…

Read More

By&nbspAP with Euronews Published on 01/10/2025 – 8:53 GMT+2 ADVERTISEMENT US President Donald Trump is withdrawing the nomination of E.J. Antoni to lead the Bureau of Labor Statistics (BLS), according to a White House official. The reasons for withdrawing the nomination have not been disclosed, and the official cited by AP simply noted that Antoni was a talented economist and that President Donald Trump planned to announce a new nominee soon. The Senate received paperwork formally withdrawing Antoni’s nomination on Tuesday. Antoni’s nomination, announced in August, was an attempt by Trump to gain greater control over the federal agency responsible…

Read More

By&nbspDoloresz Katanich&nbspwith&nbspAP Published on 30/09/2025 – 11:26 GMT+2 •Updated 11:33 ADVERTISEMENT US President Donald Trump said on Monday that he was imposing 10% tariffs on imported timber and lumber and a 25% rate on kitchen cabinets, bathroom vanities, and certain upholstered furniture, including sofas and armchairs. In his announcement on Monday, Trump said that an investigation came to the conclusion that “wood products are being imported into the United States in such quantities and under such circumstances as to threaten to impair the national security of the United States”. According to the statement, the wood industry in the US has…

Read More

Published on 27/09/2025 – 7:00 GMT+2 •Updated 9:09 ADVERTISEMENT Fat, lazy and complacent, that is how Dharmendra Kanani from Friends of Europe describes centrist and leftist politicians today. “The voter should never be taken for granted,” says Kanani who works as the Chief Spokesperson for the think tank Friends of Europe. Joined by Suzanna Carp the EU Climate & Industrial Policy Specialist and Jacob Reynolds, the head of policy at MCC Brussels, the discussion on “Brussels, my love?” this weekend centres around the rise of polarisation in Europe and the reactions across Europe to the death of the right wing…

Read More

ADVERTISEMENT Despite the Family Boat suffering an engine failure and pressures from the Italian government, the group of boats aiming to break the Israeli siege, the Global Sumud Flotilla, has decided that it will not stop its journey to the Gaza Strip. In a video published in the night between Friday and Saturday, one of the Flotilla’s spokespersons, Thiago Ávila, said that the Family Boat had suffered a “catastrophic technical failure” in the engine, preventing it from continuing its journey. The boat had been hit in recent weeks by “incendiary drone attacks” and had to overcome technical difficulties, but due…

Read More

ADVERTISEMENT A government’s levy taxes on the net income, profits, and capital gains of enterprises are called corporate income tax (CIT). On average, corporate income tax makes up about 4% of GDP in OECD countries. According to the OECD, among 27 European countries (22 EU members plus the UK, Switzerland, Norway, Iceland, and Turkey), the share of corporate income tax in total tax revenues in 2023 ranged from 4.2% in Latvia to 28.3% in Norway, based on the most recent data.  How important is corporate income tax for European countries and what share does it represent in GDP across Europe?…

Read More