Turmoil in Europe's car sector could hit the central European economy and hurt banks' asset quality, S&P Global said on Tuesday, although it added that lenders were strong enough to withstand stress in their automotive portfolios.
In Central Europe, a nationalist bloc led by Hungary’s Viktor Orban is promoting the division of Europe, a development which ultimately benefits Russia. To combat this new nationalism, Europe must strengthen its resilience from within.
Should EU foreign ministers fail to renew the sanctions by January, diplomats say there is still enough time to call an had-hoc emergency EU summit
The sanctions up for renewal include all sector-based bans on trade as well as the measures that immobilised Russia's central bank assets. Legally, EU countries must unanimously vote to renew these restrictions every six months.
The European Medicines Agency (EMA) said on Monday it would no longer post on X and would use rival Bluesky instead, becoming the latest organisation to quit a social media platform that some have criticised for its content.
Europe must "be prepared" for potential trade tariffs from newly inaugurated U.S. President Donald Trump, the president of the European Central Bank told CNBC on Wednesday. After his inauguration, Trump told reporters that the EU has been "very,
Much of what happens in the EU in 2025 will hinge on the incoming U.S. presidency of Donald Trump. Speaking to EU officials over the last few weeks, they all seem to be waiting for his inauguration on January 20 to see what challenges his new administration might bring.
ASTANA—The European Union (EU) Delegation to Kazakhstan hosted a press conference on Jan. 27 in Astana to outline the priorities of the Polish presidency of the EU Council and its implications for Kazakhstan and Central Asia. The event featured EU Ambassador to Kazakhstan AleÅ¡ka Simkić, and Polish Chargé d’Affaires in Kazakhstan MichaÅ‚ Labenda.
Postponed due to the illness of European Commission President Ursula von der Leyen, the Competitiveness Compass, which aims to set out the EU’s economic strategy until 2029, will be presented this week against a backdrop of sluggish economic growth and existential questions about how to compete with China and the US.
From remote Bulgarian villages to Estonian islands, a silent revolution is underway—one that promises to reshape not just healthcare delivery, but the very geography of medical access.
The European Union renewed its wide-ranging sanctions on Russia on Monday for another six months after Hungary stopped holding up the move in return for assurances about energy security. "Europe delivers: EU Foreign Ministers just agreed to extend again the sanctions on Russia,