Author: Euronews

On Tuesday, the Greens helped push a multi-billion euro financial package through parliament, partly aimed at boosting climate protection. Euronews spoke with Vice Chancellor and Federal Minister for Economic Affairs Robert Habeck about climate and Europe. ADVERTISEMENTGermany’s parliament on Tuesday passed a historic bill unlocking a record level of state borrowing for defence and infrastructure through amending the country’s constitutionally enshrined fiscal rules.The Greens were originally reluctant to offer their support of the bill until they received guarantees last week that €100 billion of the special fund would be directed to supporting climate economic transformation measures.After the vote, Foreign Minister…

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Defence spending is set to dominate this week’s EU Summit in Brussels. But as Ukraine is learning, speed is key to any investment in defence tech. ADVERTISEMENTThe war in Ukraine is “a bit like World War One and World War Three combined,” according to James Appathurai, NATO’s deputy assistant secretary general for innovation, hybrid, and cyber. He said while everybody sees the heavy metal weapons and tanks being used in Ukraine, much like in the Great War, the key to the country’s defence is making tech commercially available and dual-use to fight war in the modern era. “That’s allowing the Ukrainians to…

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Healthcare companies such as GSK plc and tech companies such as Siemens AG were among the top losers on European markets on Wednesday morning. ADVERTISEMENTEuropean markets opened downbeat on Wednesday morning amid escalating geopolitical tensions, especially in the Middle East. Britain’s FTSE 100 opened 0.3% lower on Wednesday morning, with Compass Group plc, GSK plc and Flutter Entertainment being some of the main losers. Germany’s DAX index also dropped 0.3%, pulled down by Siemens AG and Deutsche Bank AG. France CAC 40 index dipped 0.2% on Wednesday morning, with the STOXX 600 index also sliding 0.3%. Tensions in the Middle East have been…

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Friedrich Merz needed the support of two-thirds majority in parliament for his plan to unlock billions for defence and infrastructure spending. ADVERTISEMENTGermany’s parliament on Tuesday passed a historic bill unlocking a record level of state borrowing for defence and infrastructure through amending the country’s constitutionally enshrined fiscal rules.The vote made it through the parliament with 513 votes in favour — above the 489 votes required. The law still needs a two-thirds majority in the Bundesrat, Germany’s lower house representing the country’s states, to become law. The crucial vote in the Bundestag followed weeks of debate sparked when Merz’s Christian Democratic…

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“Poland should be prepared for all scenarios, even the most black such as an attack by Russia, but of course this does not mean that they will come true,” said Tomasz Siemoniak, Polish Minister of Internal Affairs, speaking to Euronews. ADVERTISEMENTPrime Minister Donald Tusk recently declared that Poland will not implement the European Pact for Migration and Asylum, to which the European Commissioner  Magnus Brunner responded by saying that the country will have to bear the consequences. Talking to Euronews, Tomasz Siemoniak did not show concern. “Our consent to this will not be given”, he said. “We are not saying no…

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A massive fire broke out early on Sunday in the nightclub killing 51 people and injuring about 100 more, interior minister Panche Toshkovski said. ADVERTISEMENTA massive fire that broke out early on Sunday in a nightclub in North Macedonia’s southern town of Kocani has killed 51 people and injured about 100 more, interior minister Panche Toshkovski told a press conference.The blaze began around 2:35 a.m. during a concert by a local pop group, according to Toshkovski. He said the young clubgoers used pyrotechnics that caused the roof to catch fire. Kocani TV station reported that the fire began at the…

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