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EU growth slows as Middle East conflict sparks fresh energy shock and inflation surge

EU growth slows as Middle East conflict sparks fresh energy shock and inflation surge EU growth slows as Middle East conflict sparks fresh energy shock and inflation surge
  The European Commission’s Spring 2026 Economic Forecast projects a marked slowdown in economic activity across the EU, as the conflict...
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Eurozone inflation climbs to 3.0% in April as energy and services drive price growth

Eurozone inflation climbs to 3.0% in April as energy and services drive price growth Eurozone inflation climbs to 3.0% in April as energy and services drive price growth
  Inflation across the euro area accelerated sharply in April, reaching its highest level in nearly a year as rising energy and services...
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Belgium sees sharp drop in foreign investment, lowest level in over a decade

Belgium sees sharp drop in foreign investment, lowest level in over a decade Belgium sees sharp drop in foreign investment, lowest level in over a decade
  Belgium recorded its lowest number of new foreign investment projects since 2014, with inflows falling 11 per cent in 2025, according...
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Europe’s population reaches 451 million as ageing trend accelerates, new EU report shows

Europe’s population reaches 451 million as ageing trend accelerates, new EU report shows Europe’s population reaches 451 million as ageing trend accelerates, new EU report shows
  The European Union’s population climbed to 451 million people in 2025, up by around one million from the previous year, according to...
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European Parliament urges tougher action over human rights abuses in Iran, Afghanistan and Indonesia

European Parliament urges tougher action over human rights abuses in Iran, Afghanistan and Indonesia European Parliament urges tougher action over human rights abuses in Iran, Afghanistan and Indonesia
  The European Parliament has adopted three resolutions condemning escalating human rights violations in Iran, Afghanistan and Indonesia,...
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EU Parliament escalates pressure on Slovakia over rule of law and misuse of EU funds

EU Parliament escalates pressure on Slovakia over rule of law and misuse of EU funds EU Parliament escalates pressure on Slovakia over rule of law and misuse of EU funds
  The European Parliament has called on the European Commission to take stronger action against concerns over democratic backsliding, rule...
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Larger companies lead digital shift as e-business tool use widens across EU in 2025

Larger companies lead digital shift as e-business tool use widens across EU in 2025 Larger companies lead digital shift as e-business tool use widens across EU in 2025
  In 2025, a clear digital divide persisted across European businesses, with larger enterprises far more likely than small firms to rely...
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EU beekeeping reaches historic high as hive numbers climb to 9.4 million

EU beekeeping reaches historic high as hive numbers climb to 9.4 million EU beekeeping reaches historic high as hive numbers climb to 9.4 million
  The number of beehives on farms across the European Union has reached a record 9.4 million in 2023, marking a significant rise in managed...
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EU unveils Fertiliser Action Plan to shield farmers and cut import dependence

EU unveils Fertiliser Action Plan to shield farmers and cut import dependence EU unveils Fertiliser Action Plan to shield farmers and cut import dependence
  The European Commission has adopted a sweeping Fertiliser Action Plan aimed at easing pressure on farmers hit by soaring input costs...
Read More...

EU and US reach provisional deal to stabilise trade relations with built-in safeguards and sunset clause

EU and US reach provisional deal to stabilise trade relations with built-in safeguards and sunset clause EU and US reach provisional deal to stabilise trade relations with built-in safeguards and sunset clause
  EU lawmakers have reached a provisional agreement aimed at putting transatlantic trade with the United States on a more predictable footing,...
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EU growth slows as Middle East conflict sparks fresh energy shock and inflation surge

EU growth slows as Middle East conflict sparks fresh energy shock and inflation surge EU growth slows as Middle East conflict sparks fresh energy shock and inflation surge
  The European Commission’s Spring 2026 Economic Forecast projects a marked slowdown in economic activity across the EU, as the conflict...
Read More...

Eurozone inflation climbs to 3.0% in April as energy and services drive price growth

Eurozone inflation climbs to 3.0% in April as energy and services drive price growth Eurozone inflation climbs to 3.0% in April as energy and services drive price growth
  Inflation across the euro area accelerated sharply in April, reaching its highest level in nearly a year as rising energy and services...
Read More...

Belgium sees sharp drop in foreign investment, lowest level in over a decade

Belgium sees sharp drop in foreign investment, lowest level in over a decade Belgium sees sharp drop in foreign investment, lowest level in over a decade
  Belgium recorded its lowest number of new foreign investment projects since 2014, with inflows falling 11 per cent in 2025, according...
Read More...

Europe’s population reaches 451 million as ageing trend accelerates, new EU report shows

Europe’s population reaches 451 million as ageing trend accelerates, new EU report shows Europe’s population reaches 451 million as ageing trend accelerates, new EU report shows
  The European Union’s population climbed to 451 million people in 2025, up by around one million from the previous year, according to...
Read More...

European Parliament urges tougher action over human rights abuses in Iran, Afghanistan and Indonesia

European Parliament urges tougher action over human rights abuses in Iran, Afghanistan and Indonesia European Parliament urges tougher action over human rights abuses in Iran, Afghanistan and Indonesia
  The European Parliament has adopted three resolutions condemning escalating human rights violations in Iran, Afghanistan and Indonesia,...
Read More...

EU Parliament escalates pressure on Slovakia over rule of law and misuse of EU funds

EU Parliament escalates pressure on Slovakia over rule of law and misuse of EU funds EU Parliament escalates pressure on Slovakia over rule of law and misuse of EU funds
  The European Parliament has called on the European Commission to take stronger action against concerns over democratic backsliding, rule...
Read More...

Larger companies lead digital shift as e-business tool use widens across EU in 2025

Larger companies lead digital shift as e-business tool use widens across EU in 2025 Larger companies lead digital shift as e-business tool use widens across EU in 2025
  In 2025, a clear digital divide persisted across European businesses, with larger enterprises far more likely than small firms to rely...
Read More...

EU beekeeping reaches historic high as hive numbers climb to 9.4 million

EU beekeeping reaches historic high as hive numbers climb to 9.4 million EU beekeeping reaches historic high as hive numbers climb to 9.4 million
  The number of beehives on farms across the European Union has reached a record 9.4 million in 2023, marking a significant rise in managed...
Read More...

EU unveils Fertiliser Action Plan to shield farmers and cut import dependence

EU unveils Fertiliser Action Plan to shield farmers and cut import dependence EU unveils Fertiliser Action Plan to shield farmers and cut import dependence
  The European Commission has adopted a sweeping Fertiliser Action Plan aimed at easing pressure on farmers hit by soaring input costs...
Read More...

EU and US reach provisional deal to stabilise trade relations with built-in safeguards and sunset clause

EU and US reach provisional deal to stabilise trade relations with built-in safeguards and sunset clause EU and US reach provisional deal to stabilise trade relations with built-in safeguards and sunset clause
  EU lawmakers have reached a provisional agreement aimed at putting transatlantic trade with the United States on a more predictable footing,...
Read More...

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It's not often German big business openly dabbles in politics, but many companies are urging their employees to reject eurosceptics and right-wing populists in May 26 European

Parliament elections.

From Volkswagen to Eon and Thyssenkrupp, Germany's corporate titans have become unusually engaged in defence of an open Europe, a position that is in their own strategic interest.

"Vote for Europe on 26.5. -- it's about freedom, it's about prosperity, it's about our Europe," read a huge poster in downtown Munich unveiled Monday by Bavarian industry federation VBW.

It was the latest such initiative after the VCI chemical industry association recently launched a "Ja zu Europa" ("Yes to Europe") campaign.

Alarmed by projections that see the far-right garnering at least one in five votes in the polls, the head of the German Employers' Confederation, "boss of bosses" Ingo Kramer, in February warned of the "serious" threat extremist forces pose to the European project.

"I ask all German companies to clearly show their colours," he wrote, cautioning that "anti-Europeans from the left and the right" could end up obstructing the European Parliament.

Hubertus Bardt, head of the IW economic research institute, said that "never before have I seen so many companies publicly call for people to go and vote".

"Businesses are realising the importance of European integration," he told AFP.

- Open markets, free trade -

Most of the initiatives have come from large export-driven corporations that "are among the biggest beneficiaries of the European single market," said Alexander Kritikos from the German Institute for Economic Research (DIW).

The rest of the European Union accounted for 780 billion euros ($870 billion) worth of German exports last year, its biggest market.

"Developments such as Brexit, increasing populism, euroscepticism and nationalism pose an enormous economic risk, especially for companies of this size," said Andrea Roemmele of the Hertie School of Governance.

She said big business profits from the European single market and favours a strong EU that can assert economic interests on the world stage, while "nationalist efforts, such as those we see in the USA under President Trump, mean declining revenues".

Among other German business players, the Central Association of German Trade has published a "Yes to Europe" leaflet, while Ruhr industrial region giants Thyssenkrupp, RWE, Eon and Evonik will also encourage their employees to vote. 

Thyssenkrupp boss Guido Kerkhoff told local media last month that "we need to better explain why we need open markets and free trade to succeed, not a withdrawal into our national shells".

Volkswagen will also issue a "clear call for a vote", its human resources chief Gunnar Kilian said earlier this year, stressing that "for European unity, for our common values, for peaceful cooperation ... our democracy needs every voice".

- Brand image boost -

Kritikos said the Brexit drama had driven home the point in the remaining 27 EU states that "it would be fatal for businesses if the single market were to break up".

Beyond the issue of maintaining open trade, a company taking a clear political stance can also boost its image as a responsible corporate citizen, experts say.

In another initiative, around 50 family-run enterprises recently launched a campaign against racism and xenophobia called "Made in Germany - Made by Diversity".

"Consumers are becoming increasingly critical and are consuming not only according to economic but also social and political criteria," said Roemmele.

Citizens with pro-European views, she added, "tend to be well educated and have strong purchasing power".

On the other hand, such campaigns can further alienate those employees already drawn to far-right ideas, as populist political groups are seeking influence in works councils, particularly among several car manufacturers. 

"Companies must be careful not to fuel partisan conflicts in their factories," warned Bardt.

He pointed out that the corporate initiatives do not tend to mention any of the far-right parties by name, and said that the best way to combat extremist parties is high voter turnout. AFP

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