Europe Explained
UK-EU trade deal would avoid years of acrimony, says funds industry
A trade deal between Britain and the European Union would help open the door to cross-border financial services from January and avoid…
In COVID-hit Europe, even Santa told to keep his distance at Christmas
With restrictions on family gatherings, instructions not to hug and a polite request to St Nicholas to keep his distance and wear…
Euro zone business activity shrink sharply in November as lockdowns bite
Euro zone business activity has contracted sharply this month as renewed restrictions to try to quell the spread of the coronavirus forced…
Euro zone corporate vulnerability at levels seen in debt crisis: ECB
Euro zone firms are increasingly vulnerable amid a pandemic-induced recession but public support, including cheap cash from the European Central Bank, have…
WHO warns of COVID-19 third wave, says Europe failed to learn from Asia
The World Health Organization's special COVID-19 envoy David Nabarro told the Solothurner Zeitung in Switzerland that Europe was likely to see a…
Turkey sees itself an inseparable part of Europe
Turkish President Tayyip Erdogan said on Sunday that his country, an official candidate for European Union membership, sees itself as an inseparable…
EU approves Malta Budget but forecasts lower growth than Govt for 2021
The European Commission has green-lighted Malta's budget for 2021, noting that it was largely in line with Council recommendations made earlier this…
Covid-19 has a devastating human cost – Charles Michel
"COVID-19 has a devastating human cost. There are family and friends behind all the numbers and statistics. Let's never forget that. That…
EU survey confirms citizens’ call for EU to have more powers to tackle pandemic
In the grip of the second wave of coronavirus, two thirds of EU citizens call for more EU competence and an EU…
Europe’s economies race to open for Xmas – should they bother?
By Mark John (Reuters) Is the Christmas economy worth salvaging? Unless you're in retail, the answer is: Possibly not. Across Europe, governments…
ECB’s Weidmann calls on central banks to address climate-related financial risks
Bundesbank President Jens Weidmann on Thursday called on the Eurosystem, which includes the European Central Bank (ECB) and the euro zone's 19…
Hungary reiterates it cannot back EU budget in its present form
Hungary cannot accept the European Union's budget and post-COVID recovery package in its present form as it amounts to "blackmail", Prime Minister…