TAG: construction
UK energy bills could rise under government plans to fund nuclear
LONDON — The U.K. government is mulling plans which would hike household energy bills to help pay for a new nuclear energy plant.Ministers are considering tweaking the funding deal for Sizewell C, a proposed £20 billion nuclear plant in Suffolk, as they s...
6 months ago
EU glass fiber makers seek protection as China ramps up output in Egypt
The European Union has built a wall of duties against Chinese-made glass fiber, but a crack is widening. European producers of the lightweight material — used to strengthen plastics, and in wind turbine blades and vehicle components — say they need more p...
6 months ago
Expect Russia to do ‘whatever possible’ to reassert influence in Bulgaria, outgoing PM warns
Bulgaria's outgoing Prime Minister Nikolai Denkov spent his mandate trying to boot out the Russians, and has no doubt that Moscow will redouble efforts to recover its influence now his administration has collapsed. Denkov, who stepped down on Tuesday, tol...
6 months ago
Europe’s banks retreat from Moscow, with the ECB at their heels
Europe's banks' retreat from Moscow is entering its final stage, but instead of having General Winter at their heels, they have the European Central Bank.The ECB is tightening the screws on the last significant banking presences in Russia. It's one elemen...
5 months ago
Farm sector employment hits 17-year high in FY23: RBI KLEMS data
The number of people employed in agriculture, hunting, forestry and fishing scaled a 17-year high to 253 million in FY23, according to RBI data on capital, labour, energy, materials and service (KLEMS).FY23 was also the first year since FY07 when agricult...
2 months ago
How Ed Miliband became Britain’s most divisive government minister
LONDON — Six weeks on from Labour’s resounding election victory, no one in Keir Starmer’s Cabinet has moved quite as quickly as Ed Miliband. A former (failed) Labour leader, who critics deemed too left-wing and awkward to win over the British public, Mil...
2 months ago
Italy’s budget mess leaves earthquake-stricken towns in limbo
AMATRICE, Italy — Gaetano Galli surveyed the quiet street and casually pointed out where the earthquake had wrought its havoc. There, the splintered wreck of a bungalow that caved in on a family of six; across the road, the spot where over a dozen were cr...
1 month ago
What’s the point of a housing commissioner?
One of the new commissioners in Brussels will tackle a topic that voters care deeply about — but where the European Union has hardly any power: housing.“How can you be in charge of something that doesn't happen within the EU's competence, for which it has...
1 month ago
The EU was built on red tape. Now it wants to slash it.
BRUSSELS ― For decades, the European Union loved to regulate. Now, it wants to do the opposite.Where once, the "Brussels Effect" saw the EU set laws and standards the rest of the world couldn't help but follow, soon there will be a European commissioner f...
3 weeks ago
The EU’s plan to make housing more affordable
BRUSSELS — The European Commission wants to make housing more affordable by squeezing more cash out of European Union funding programs and revising rules, according to a draft policy document seen by POLITICO.Commission President Ursula von der Leyen has...
1 week ago