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Euro zone companies to slow price increases this year, ECB poll shows

FRANKFURT, Feb 3 (Reuters) - Euro zone companies expect to slow the pace of price increases this year as their outlook for costs and demand becomes less clear, a survey…

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Euro zone inflation seen just above ECB’s target in 2025, poll shows

FRANKFURT, Feb 3 (Reuters) - Euro zone inflation is set to decline to 2.1% in 2025, just a shade above the European Central Bank's target, an ECB poll of economists…

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UPDATED: Air raid sirens sound across Ukraine as EU summit begins

KYIV, Feb 3 (Reuters) - Air raid alerts sounded in Kyiv and across Ukraine on Friday as a summit of European Union and Ukrainian leaders was due to begin in…

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How long will it take Ukraine to join EU?

Feb 2 (Reuters) - More than a dozen top European Union officials arrive in Kyiv on Thursday, a top-level demonstration of support following new pledges of military aid as the…

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UPDATED: ECB raises rates again and pencils in at least one more hike

ECB raises rates by 50 basis points Says March hike will be of same size By Francesco Canepa and Balazs Koranyi FRANKFURT, Feb 2 (Reuters) - The European Central Bank…

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EU launches global LNG reference price as gas cap looms

By Kate Abnett BRUSSELS, Feb 2 (Reuters) - European Union regulators have launched a new reference price for liquefied natural gas (LNG), as part of plans to cap benchmark gas…

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Two MEPs lose immunity in Qatargate corruption case

BRUSSELS, Feb 2 (Reuters) - The European Parliament voted overwhelmingly on Thursday to waive the immunity from prosecution of two lawmakers following a request by Belgian investigators to question them…

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UPDATED: Top EU officials visit Ukraine for talks before war anniversary

By Tom Balmforth and Gabriela Baczynska EU's von der Leyen arrives in Kyiv for talks EU offers more military, financial, political support Kyiv's hopes of quick EU entry set to…

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EU may miss gigabit target, more investments needed, telecoms group says

By Foo Yun Chee BRUSSELS, Feb 1 (Reuters) - The European Union risks missing its target to connect all European households to a gigabit network by 2030, underscoring the need…

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What’s in the EU Green Deal Industrial Plan?

BRUSSELS, Feb 1 (Reuters) - European Commission President Ursula von der Leyen set out its Green Deal Industrial Plan on Wednesday, designed to ensure the European Union does not lose…

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UPDATED: EU lays out green industry plan to counter U.S., China subsidies

By Philip Blenkinsop BRUSSELS, Feb 1 (Reuters) - The European Commission proposed a plan on Wednesday to try to ensure Europe can compete with the United States as a manufacturing…

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Euro zone factories are likely over the worst – PMI

LONDON, Feb 1 (Reuters) - The downturn in euro zone manufacturing activity eased again last month suggesting the worst may be over, according to a survey which showed price pressures…

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Euro zone inflation drops more than expected but core price growth holds steady

FRANKFURT, Feb 1 (Reuters) - Euro zone inflation eased for the third straight month in January but relief may be limited as underlying price growth held steady and concerns have…

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UK and EU reach post-Brexit customs deal for N.Ireland-The Times

LONDON, (Reuters) - Britain and the European Union have struck a customs deal that could help end post-Brexit wrangling over Northern Ireland, The Times newspaper said, and Brussels has also…

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EU commissioner: we don’t want a subsidy war with U.S

The European Union does not want to wage a subsidy war against the United States over its Inflation Reduction Act, EU Commissioner Paolo Gentiloni said in Berlin on Tuesday. The EU Commission plans to present…

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Euro zone banks tighten credit by most since debt crisis, ECB says

Euro zone banks have tightened access to credit for companies by the most since the 2011 debt crisis and expect to continue doing so as they turn more pessimistic on…

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EU planning fast-track permits for clean tech

Producers of clean technologies like renewable hydrogen and batteries could receive faster permits under European Union plans to support industries facing U.S. and Chinese competition, a draft document showed on Monday.…

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EU warns of ‘unfair’ Chinese subsidies in Green Deal plan – draft

Europe and its partners must do more to combat the effect of Chinese subsidies for the manufacture of clean technology products, the European Commission is set to say on Wednesday…

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Euro zone economic sentiment rises in January to seven-month high

Euro zone economic sentiment rose to a seven-month high in January on more optimism across all sectors except construction, with inflation expectations among consumers and companies both sharply down, data…

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EU Commission will not fund migration wall with Turkey

The European Commission will not fund the construction of a wall between Bulgaria and Turkey, spokesman Eric Mamer said during a daily briefing with the press. "The Commission will not…

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European Doctors and Pharmacists wants stronger laws to prevent medicine shortages

As patients throughout the content struggling to find antibiotics and other medicines, particularly for children, doctors and pharmacists have called on the European Commission to deliver stronger legislation to prevent…

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EU president says Ukraine has unconditional support ahead of summit

FRANKFURT (Reuters) - European Commission President Ursula von der Leyen said ahead of an EU-Ukraine summit next week that Ukraine had unconditional support from the bloc and that the country…

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EP President Metsola named “Woman of the Year”

The President of the European Parliament, Roberta Metsola was named "Woman of the Year" during the Women in a Legal World Conference in Spain. The award was given for the…

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NextGenerationEU: EC endorses a positive preliminary assessment of Malta’s request for a €52.3 million disbursement under the RRF

The European Commission has today endorsed a positive preliminary assessment of Malta's payment request for €52.3 million (net of pre-financing) in grants under the Recovery and Resilience Facility (RRF), the…

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Seven EU countries oppose new EU funding as response to U.S. subsidy plan – letter

By Jan Strupczewski BRUSSELS, Jan 27 (Reuters) - Plans by the European Commission to create new European Union funding for the green industry are facing mounting opposition in the 27-nation bloc, as…

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Ease capital rules on EU banks to boost lending, banking industry says

By Huw Jones LONDON, Jan 27 (Reuters) - Banks in the European Union could increase lending by almost a third if regulators applied capital requirements in the same way as their U.S.…

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Europe wind and steel industries urge EU to diversify critical minerals list

LONDON, Jan 26 (Reuters) - The European steel and wind industries on Thursday urged the European Union to use upcoming legislation to ensure there is enough access to critical materials…

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Photo story: Special EU Parliament session ahead of Holocaust Remembrance Day

Israel President Isaac Herzog (L) and European Parliament President Roberta Metsola (R) hold a joint a press briefing prior to a special plenary session of the European Parliament to commemorate…

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UPDATED: EU wants to send more migrants away as irregular arrivals grow

EU border agency says 2022 irregular arrivals highest since 2016 Ministers discuss curbing immigration, stepping up returns Hardline migration ideas return to fore Top EU migration official says no money…

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Draft shows EU to back new funding for green industry, but officials urge caution

By Jan Strupczewski and Andreas Rinke BRUSSELS/BERLIN (Reuters) - European Union leaders are to back new EU funding for the green tech industry to counterbalance subsidies in the United States…

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EU to promote ‘buzz lines’ to help reverse decline of bees by 2030

BRUSSELS,(Reuters) - "Buzz Lines" for bees and other pollinators where they could move across Europe and find food and shelter were among measures laid out by the EU's executive body…

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ECB signs supervision cooperation deal with non-euro zone members

FRANKFURT, Jan 25 (Reuters) - The European Central Bank agreed with six non-euro zone members to cooperate more closely on bank supervision matters, including in exchanging information about cross-border supervised…

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EU court backs move to prise open bloc’s decision making

By Huw Jones LONDON, Jan 25 (Reuters) - European Union member states must grant public access to documents circulated in their working groups for adopting laws, an EU court ruled…

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Qatargate: Panzeri to implicate more MEPs -Kaili lawyer

Jailed former MEP Antonio Panzeri is set to implicate more MEPs in the Qatargate scandal after agreeing to cooperate with Belgian prosecutors, a lawyer representing another key figure in the…

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EU drug regulator must do more to tackle medicine shortages – patient orgs

The European Union drug regulator needs to do more to tackle shortages of some widely-used antibiotics in the region, according to a letter from a group of European patient and…

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EU financial services need shake-up to benefit retail investors, top official says

A potential ban on commissions paid by banks to financial advisers who sell their products could be part of a wider shake-up of retail financial services in the European Union,…

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Centre-right European leaders seeking options leading to tie-up with Meloni – Politico

Centre-right politicians in Brussels and Strasbourg are considering ways to involve, or even eventually to include, Giorgia Meloni's hard-right with the continent's mainstream conservative, Politico has revealed. This move comes…

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Euro zone business activity back to growth in January

Euro zone business activity made a surprise return to modest growth in January, adding to signs the downturn in the bloc may not be as deep as feared and that…

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Britain and EU unlikely to change Brexit deal much, despite issues – report

Britain and the European Union are unlikely to fundamentally change their underlying Brexit settlement, making sector-specific deals for financial services, fisheries and energy necessary to prevent more disruption, a report said. The…

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Government, EU Commission launch €2bn funding package for Malta

Government has formally launched the European Union operational programmes and plans allocated for Malta from 2021-2027, with a package exceeding €2 billion. Prime Minister Robert Abela stated that this was…

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EU approves more military aid to Ukraine, Germany faces pressure on tanks

European Union foreign ministers agreed on Monday to allocate another 500 million euros ($542 million) for military aid for Ukraine, officials said, as Berlin faced more pressure over calls from…

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Metsola: Publication of gift list is unprecedented, positive example

European Parliament President Roberta Metsola' spokesperson Jaume Duch described her decision to publish all information regarding the gifts received as President of the institution as an exercise in transparency, and…

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ECB’s Kazimir: Need to deliver two more hikes of 50 bps each

PRAGUE, Jan 23 (Reuters) - The European Central Bank should deliver two more interest rate hikes of 50 basis points each despite inflation easing, governing council member Peter Kazimir said…

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EU lawmakers to vote on tighter crypto, ESG rules for banks

Lawmakers to vote on tougher shadow bank rules Lawmakers seek to tie ESG with bonuses Lawmakers seek to align with global rules on crypto By Huw Jones (Reuters) - Banks…

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EU to aggregate cancer imaging data across bloc in new project

Jan 23 (Reuters) - The European Union on Monday launched a project to collect and aggregate cancer imaging data in an effort to speed up innovation and early cancer diagnosis…

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EU plans reform to make power bills less tied to fossil fuel prices

BRUSSELS, Jan 23 (Reuters) - Upcoming European Union proposals to overhaul the bloc's electricity market will attempt to make consumer energy bills less tied to short-term swings in fossil fuel prices, the…

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UPDATED: EU ministers agree on new package of sanctions against Iran

BRUSSELS, Jan 23 (Reuters) - EU ministers on Monday agreed on a new package of sanctions against Iran, the Swedish EU presidency said. "Ministers adopted a new package of sanctions…

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UPDATED: EU ministers approve 500 mln euros in military aid to Ukraine – sources

BRUSSELS, Jan 23 (Reuters) - European Union foreign ministers meeting in Brussels on Monday approved a new tranche of military aid to Ukraine worth 500 million euros ($544 mln), three…

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EU to examine using confiscated Russian assets for reconstruction – FT

Jan 23 (Reuters) - European Council President Charles Michel has urged the block's national leaders to push forward with talks on using $300 billion-worth of confiscated Russian central bank assets…

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ECB set to raise rates by 50 bp in February and March, Knot says

AMSTERDAM, Jan 22 (Reuters) - The European Central Bank (ECB) is set to raise interest rates by 50 basis points in both February and March and will continue to raise…

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Metsola highlights transparency in move to publish gift lists, denies wrongdoing

Updated 23/01/2023 - 1930 - EP reacts In reaction to the DPA report below, the European Parliament has described Roberta Metsola's move to publish a list of gifts and travels…

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Four countries urge EU to set end date for new CO2-emitting trucks

BRUSSELS (Reuters) - The Netherlands, Belgium, Denmark and Luxembourg have urged the European Union to fix a date by which new trucks and buses sold in Europe must have zero…

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French sugar beet pesticide exemption halted by EU ruling

PARIS, Jan 20 (Reuters) - France's plans to allow sugar beet farmers to continue using a banned pesticide for another year have been halted by a European Union court decision…

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Four countries urge EU to set end date for new CO2-emitting trucks

By Kate Abnett BRUSSELS, Jan 20 (Reuters) - The Netherlands, Belgium, Denmark and Luxembourg have urged the European Union to fix a date by which new trucks and buses sold…

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MEP Eva Kaili to remain in prison, protests treatment in Belgian jail

Eva Kaili, the Greek MEP at the centre of the corruption scandal engulfing the European Parliament, has been ordered to remain in prison for at least one additional month. The…

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EU’s Dombroskis says growth stronger than expected, recession probably avoided

MILAN, Jan 20 (Reuters) - Economic growth in the European Union has so far proved stonger than expected and recession can probably be avoided, Commission Vice President Valdis Dombrovskis told…

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ECB will stay the course of rate hikes, Lagarde says

Jan 19 (Reuters) - The European Central Bank will continue raising interest rates and leave them in restrictive territory for as long as it takes to bring down inflation to…

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