TAG: Energy prices
Eurozone inflation dips in January as investors eye early rate cut
FRANKFURT — Eurozone inflation eased as expected in January, fueling hopes for an early European Cen...
8 months ago
Merry Christmas! Now, when is payday?
It’s the most expensive — sorry, wonderful! — time of the year, so we decided to do a thorough and i...
8 months ago
German budget crisis: Government reaches spending deal for 2024
Leaders of Germany's three-party ruling coalition agreed on a new draft budget for next year after w...
8 months ago
Crisis grows in Berlin as court warns 2023 supplementary budget is ‘problematic’
BERLIN — Germany's ruling coalition risks falling into a deeper crisis after the country's federal a...
8 months ago
Middle East braces for chaos as Iran and West square up
Western warplanes and guided missiles roared through the skies over Yemen in the early hours of Frid...
8 months ago
Czech industry minister vies to become EU’s next energy chief
Czech Industry and Trade Minister Jozef Síkela, who played a key role in coordinating Europe’s respo...
8 months ago
EU mulls ‘Industrial’ twin for Green Deal as election pressure bites
BRUSSELS — Move over Green Deal, there’s a new buzzword in town — and just in time for the EU electi...
8 months ago
EU will have to seize Russian assets eventually if it wants Ukraine to win, bank chief says
Policymakers need to stop worrying about the financial and legal ramifications of skimming proceeds from frozen Russian assets to arm Ukraine and must instead recognize Moscow's aggression poses a far greater risk to the European economy, a top European C...
6 months ago
Blame game erupts after energy tax talks collapse in EU Parliament
BRUSSELS — Efforts to pass a key climate law before this year’s European election have stalled after talks in the Parliament collapsed this past week. MEPs made a fresh attempt to find an agreement on the EU’s outdated Energy Taxation Directive earlier th...
6 months ago
Missing: A Socialist Green Deal vision
BRUSSELS — A specter is haunting the European Union: The specter of the Green Deal. And Europe’s Socialists are running scared. Over the past year, an alliance has formed to exorcize this specter: Populists and conservatives, nationalists and farmers, Fre...
6 months ago
Once humiliated by inflation, the ECB is now saying it was right all along
It’s become a cliché to say the painful surge in inflation that started in 2021 was primarily caused by the European Central Bank’s sluggish response to rising prices. But inflation is now slowing decisively — and the guardians of the euro are seizing the...
6 months ago
Euro plunges, eyes parity with dollar after Lagarde’s go-it-alone pledge
The euro slumped to its lowest level this year on Friday, in a delayed reaction to European Central Bank President Christine Lagarde's signaling on Thursday that the bank is willing to cut interest rates before her U.S. counterparts. By Friday afternoon i...
6 months ago
Industry bosses to EU: Help us level up in the global green tech race
HANNOVER, Germany — Europe’s industry is ready to take on state-subsidized Chinese and American rivals in the global green tech race — but Brussels must create the right conditions for it to do so.Failure to act will condemn Europe to deindustrialization:...
5 months ago
France tops UK (again) in foreign investment race amid European slowdown
France remained Europe's most attractive destination for foreign direct investment in 2023, an EY survey released on Thursday said, as new projects slowed across Europe.For the fifth straight year, France beat the U.K. and third-place finisher Germany, bu...
5 months ago