European Union

Europe’s growth model is coming to an end: Eurogroup chair

The EU must mobilise capital more effectively to finance innovation and scale, says Kyriakos Pierrakakis

Together, the sectors covered by the Industrial Accelerator Act represent some 15% of EU manufacturing.

EU proposes ‘Made in EU’ rules for strategic sectors to limit China reliance

Critics warn the plans may lead to partners erecting trade barriers

The European Commission spokesperson says the EU has an adequate level of gas to ensure storage can be replenished ahead of next winter.

EU does not expect immediate energy security impact from Iran conflict

Its oil coordination group will meet within 48 hours to assess the situation, a European Commission spokesperson says

The “Made in Europe” package has divided the 27 EU member states, resulting in multiple delays in finalising the package.

‘Made in Europe’ plan’s sting in tail for Asia and the wider world

The soon-to-be-finalised initiative will impact industries from cars to manufacturing, steel and defence

The new cumulative rate means some goods would be above the 15% ceiling that the EU and US agreed to in their trade deal.

EU warns that Trump’s new tariff policy breaks trade agreement

The new global levies can stay in place for as many as 150 days

UK Prime Minister Keir Starmer says: “We are not at a crossroads today. The road ahead is straight and it is clear we must build our hard power, because that is the currency of the age.”

UK’s Starmer calls for stronger ‘hard power’ and European defence ties

He also hints at further alignment with European Union’s single market

The EU's domestic economy appears to be resilient to the trade shock for now as AI-related investments and domestic consumption are kicking into higher gear.

EU trade keeps taking hits from US tariffs and Chinese competition, data shows

Its trade surplus has fallen to 12.9 billion euros in December from 13.9 billion euros in the year-ago period

Meta had lost its initial appeal against the higher penalty, after judges at a lower tribunal said it had no legal standing to sue the EDPB.

WhatsApp wins court backing to challenge US$268 million Irish privacy fine

The ruling can pave the way for similar action by other companies

Indian Prime Minister Narendra Modi (left) and US President Donald Trump at the White House on Feb 13, 2025. The latest deal owes as much to the two leaders' relationship as to any systematic trade negotiation.

The US-India trade deal: Strategic reset or fragile truce?

The lack of details on the agreement makes it difficult to assess its true economic impact

Both the US and EU have become tethered to abundant, cheap Chinese minerals, giving Beijing leverage over their supply chains.

EU to offer US critical minerals partnership to check China

The partnership aims to jointly find ways to source critical minerals without relying on the Asian nation