Economy

German car industry association (VDA) president Hildegard Müller warned that the European Commission's move "further increases the risk of a global trade conflict.”
Electric vehicles 12-06-2024

German car industry, government react against EU EV tariffs as BMW faces 21% duty 

Est. 4min

The German car industry association VDA and senior government ministers criticised the EU’s preliminary tariffs on China-made electric cars announced today (12 June), which will also hit European companies producing in China, such as BMW and Dacia. 

Global Europe 12-06-2024

G7 cooperation with China on climate-aligned trade is vital

Est. 5min

G7 countries should work with China to put in place climate-aligned trade policies needed to accelerate global climate action, by harnessing the power of international trade to promote innovation, reduce costs, and stimulate demand for green goods, write Matt Piotrowski and Joseph Dellatte.

Europe's East 12-06-2024

Don’t wait until Russia’s war is over to invest, Ukraine’s leaders tell businesses 

Est. 4min

A Ukrainian delegation aimed to convince hesitant businesses on Tuesday (11 June) that the war-torn country is safe for investments despite Russia’s ongoing war, as the EU is hoping to boost its efforts with new business guarantees. 

NewsAdvocacy Lab Content
12-06-2024

No time for stagnation, Europe needs capital investment now, says Invest Europe

Est. 6min

Scalability for Europe’s innovators requires private capital - climate change and digitalisation demand that capital quickly. Europe needs more and better investment in key sectors to drive Europe’s place in the world, says Invest Europe.

11-06-2024

Businesses relieved as EP’s centrist majority holds, but urge swift deal

Est. 4min

Business groups on Monday (10 June) have shown relief over the EU the continuous majority for centrist, pro-EU parties in the European Elections, calling on lawmakers to reach an agreement quickly.

OpinionPromoted content
07-06-2024

EU biodiesel industry may not survive 2024 if left unprotected from Chinese unfair imports

Est. 5min

As a frontrunner in climate ambitions, the EU cannot allow the demand for biodiesel to be met by unfair and possibly fraudulent imports from China. Immediate registration of imports is critical, before it is too late.

07-06-2024

EU budget spending needs serious re-thinking, OECD second-in-chief warns

Est. 9min

Before talking about new sources of income for the EU budget – known as ‘own resources’ – the EU should assess the efficiency of its current spending, Fabrizia Lapecorella, the deputy secretary-general of the Organisation for Economic Cooperation and Development, said this week.

07-06-2024

Impact of EU sanctions on aluminum would be disastrous for Europe’s industry

Est. 5min

A new set of sanctions against Russia is being considered - the 14th round of sanctions since the Russian invasion of Ukraine began in early 2022. There are no good ideas for new economic measures against the Kremlin, but this does not justify the pursuit of bad ideas, writes Naike Gruppioni.

06-06-2024

ECB starts cutting rates, but warns on inflation

Est. 4min

The ECB made its first interest rate cut since 2019 Thursday, reducing borrowing costs from record highs, but gave few clues about its next move while warning of continuing inflation pressures.

Politics 06-06-2024

Pro-EU parties should ‘Europeanise’ election campaigns to combat far-right, analysts say

Est. 5min

Pro-EU parties are ceding political space to far-right Eurosceptic groups in their European election campaigns by failing emphasise the EU's positive impact on ordinary citizens, experts say.

06-06-2024

German businesses warn against ‘Dexit’ amid fears of far-right gains

Est. 4min

Germany's exit from the EU, labeled as "Dexit", would cost the country's economy €200 billion a year, business lobby INSM warned, as Germany's far-right AfD party, currently second in the polls ahead of this weekend's EU elections, maintains a strong anti-EU rhetoric.

05-06-2024

Eurozone finance ministers back G7 push on Russian frozen assets, but legal questions remain

Est. 5min

Eurozone finance ministers gave their political backing on Wednesday (5 May) to a G7 plan to provide loans to Ukraine by using windfall profits generated from Russian assets, which they are ready to discuss after a G7 leaders' summit later in June.

05-06-2024

European Central Bank to cut rates at last, but should we be careful of what we wish for?

Est. 6min

The ECB's expected rate cut on 6 June—the first since 2019—comes at a time of widespread concerns about the state of the European economy.

05-06-2024

French, Italian businesses urge incoming EU leaders to make ‘crucial decisions’ to boost competitiveness

Est. 3min

Leading French and Italian business organisations urged the next European Parliament to boost the bloc’s faltering competitiveness on Tuesday (4 June) by cutting regulations and ramping up investments in green and digital technologies and defence.

 VideoAdvocacy Lab Content
04-06-2024

Regional Revitalization: Transformative Power Of Investment In Rural Areas

Regional revitalization – driven by green policies and technological advancements – is a key priority across Europe, and it is clear that this transformation is most urgent in rural, post- industrial, and suburban areas adjacent to major cities.

04-06-2024

Europe Ahead: Socialists’ Schmit on why over-regulation isn’t Europe’s main problem

Est. 5min

Europe’s economic problems primarily result from insufficient investment rather than excessively burdensome regulations, the Socialists’ lead candidate for the Commission presidency, Nicolas Schmit, told Euractiv in an interview.

04-06-2024

EU defence spending should not cut into cohesion funds, Commissioner warns

Est. 6min

New EU priorities, such as defence, should not come at the cost of helping poorer EU regions, European Commissioner for Cohesion Elisa Ferreira told Euractiv on Monday (3 June) in Berlin.

04-06-2024

How EU-China trade negotiations could play out

Est. 6min

While the imposition of new tariffs on Chinese electric vehicles proves controversial within the EU due to the fear of Chinese retaliation, the option of negotiations has been met with increasing attention.

OpinionPromoted content
03-06-2024

Celebrating a Milestone for Inventors – One Year of the Unitary Patent

Est. 7min

One year since the landmark launch of the Unitary Patent, António Campinos, President of the European Patent Office, evaluates its progress in broadening access into the European patent system for underrepresented inventors and supporting technological development.

EU Commission President Ursula von der Leyen and former Italian Prime Minister Mario Draghi, Rome 2021. EPA-EFE/ETTORE FERRARI
03-06-2024

MEP: Italy’s post-RRF spending cuts set dangerous precedent for EU funding

Est. 5min

A draft Italian government's decision to use resources received under the EU Recovery and Resilience Facility (RRF) to cut public spending risks setting a dangerous precedent for future joint EU public funding policies, an Italian MEP from the Greens and the Left (AVS) group told Euractiv.

01-06-2024

S&P cuts France’s credit rating on deficit overshoot

Est. 3min

Standard & Poor's cut its rating on France's sovereign debt on Friday (31 May), delivering a painful rebuke of the government's handling of the strained budget days before an EU parliamentary election.

31-05-2024

Will fresh eurozone inflation data dampen rate cut hopes?

Est. 8min

For many who have been waiting impatiently for the one key European Central Bank announcement after a protracted period of high interest rates, fresh EU data released on Friday (31 May) may have just killed the mood.

31-05-2024

High prices, high rates will be new normal in post-COVID world, BNP economists warn

Est. 4min

Europe is facing a “generational shift” in its economic architecture that will cause inflation to be structurally higher than at any period since the early 1980s, two leading BNP Paribas economists told Euractiv, warning that high price pressures and high interest rates will be the new normal.

30-05-2024

EU ministers stand by free trade principle despite fresh US blow

Est. 3min

EU leaders reaffirmed their support for free trade on Thursday (30 May) despite the US's top trade official's recent explicit denial that Washington would continue to support barrier-free commerce.

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