Latest News

European and Gulf parliamentary leaders to discuss strategic partnership ahead of October summit

European and Gulf parliamentary leaders to discuss strategic partnership ahead of October summit European and Gulf parliamentary leaders to discuss strategic partnership ahead of October summit
  The European Parliament will bring together senior parliamentary leaders from the Gulf Cooperation Council (GCC) countries on 16 October...
Read More...

Satellite technology takes centre stage in global disaster preparedness

Satellite technology takes centre stage in global disaster preparedness Satellite technology takes centre stage in global disaster preparedness
  The European Commission is stepping up international cooperation to help countries better anticipate, manage and recover from natural...
Read More...

Belgium, Germany and Italy urge EU to introduce emergency brake on bureaucracy

Belgium, Germany and Italy urge EU to introduce emergency brake on bureaucracy Belgium, Germany and Italy urge EU to introduce emergency brake on bureaucracy
  Belgian Prime Minister Bart De Wever, German Chancellor Friedrich Merz and Italian Prime Minister Giorgia Meloni have called on the European...
Read More...

Ukraine receives €2.86 billion to strengthen air defences and expand military production

Ukraine receives €2.86 billion to strengthen air defences and expand military production Ukraine receives €2.86 billion to strengthen air defences and expand military production
The European Commission has transferred €2.86 billion to Ukraine to help meet its most pressing military requirements, including the procurement...
Read More...

AI adoption gathers pace across European businesses, but costs and skills gaps remain major obstacles

AI adoption gathers pace across European businesses, but costs and skills gaps remain major obstacles AI adoption gathers pace across European businesses, but costs and skills gaps remain major obstacles
  Artificial intelligence is becoming an increasingly familiar tool for businesses across the European Union, with companies using automated...
Read More...

Electric and hybrid car trade grows as European production reaches 4.8 million vehicles

Electric and hybrid car trade grows as European production reaches 4.8 million vehicles Electric and hybrid car trade grows as European production reaches 4.8 million vehicles
  The European Union recorded growth in international trade in electric and hybrid vehicles in 2025, with both imports and exports increasing...
Read More...

Job quality improves across Europe, but labour market challenges persist

Job quality improves across Europe, but labour market challenges persist Job quality improves across Europe, but labour market challenges persist
  The quality of employment across the European Union has improved over the past decade, with progress in wages, job security and working...
Read More...

€115 million AGILE fund to fast-track Europe’s defence innovation

€115 million AGILE fund to fast-track Europe’s defence innovation €115 million AGILE fund to fast-track Europe’s defence innovation
  The European Union has approved a €115 million programme designed to speed up the development and deployment of innovative defence...
Read More...

Brussels hosts 5,000 participants for EU debate on regional development and cohesion funding

Brussels hosts 5,000 participants for EU debate on regional development and cohesion funding Brussels hosts 5,000 participants for EU debate on regional development and cohesion funding
  Nearly 5,000 policymakers, regional representatives, researchers and other stakeholders have gathered in Brussels for the 24th European...
Read More...

EU imposes nearly 1,600 new sanctions to disrupt Russia’s missile production and military industry

EU imposes nearly 1,600 new sanctions to disrupt Russia’s missile production and military industry EU imposes nearly 1,600 new sanctions to disrupt Russia’s missile production and military industry
  The European Union has approved nearly 1,600 new sanctions listings targeting Russia’s military-industrial complex, in one of the largest...
Read More...

{videobox? &display=`slider` &player=`vbinline` &move=`all`}vUKjTPPcOdQ{/videobox}

Must Read

Most Popular Stories

VIDEO AND audio news:

Features, views, analysis

business

Latest News

European and Gulf parliamentary leaders to discuss strategic partnership ahead of October summit

European and Gulf parliamentary leaders to discuss strategic partnership ahead of October summit European and Gulf parliamentary leaders to discuss strategic partnership ahead of October summit
  The European Parliament will bring together senior parliamentary leaders from the Gulf Cooperation Council (GCC) countries on 16 October...
Read More...

Satellite technology takes centre stage in global disaster preparedness

Satellite technology takes centre stage in global disaster preparedness Satellite technology takes centre stage in global disaster preparedness
  The European Commission is stepping up international cooperation to help countries better anticipate, manage and recover from natural...
Read More...

Belgium, Germany and Italy urge EU to introduce emergency brake on bureaucracy

Belgium, Germany and Italy urge EU to introduce emergency brake on bureaucracy Belgium, Germany and Italy urge EU to introduce emergency brake on bureaucracy
  Belgian Prime Minister Bart De Wever, German Chancellor Friedrich Merz and Italian Prime Minister Giorgia Meloni have called on the European...
Read More...

Ukraine receives €2.86 billion to strengthen air defences and expand military production

Ukraine receives €2.86 billion to strengthen air defences and expand military production Ukraine receives €2.86 billion to strengthen air defences and expand military production
The European Commission has transferred €2.86 billion to Ukraine to help meet its most pressing military requirements, including the procurement...
Read More...

AI adoption gathers pace across European businesses, but costs and skills gaps remain major obstacles

AI adoption gathers pace across European businesses, but costs and skills gaps remain major obstacles AI adoption gathers pace across European businesses, but costs and skills gaps remain major obstacles
  Artificial intelligence is becoming an increasingly familiar tool for businesses across the European Union, with companies using automated...
Read More...

Electric and hybrid car trade grows as European production reaches 4.8 million vehicles

Electric and hybrid car trade grows as European production reaches 4.8 million vehicles Electric and hybrid car trade grows as European production reaches 4.8 million vehicles
  The European Union recorded growth in international trade in electric and hybrid vehicles in 2025, with both imports and exports increasing...
Read More...

Job quality improves across Europe, but labour market challenges persist

Job quality improves across Europe, but labour market challenges persist Job quality improves across Europe, but labour market challenges persist
  The quality of employment across the European Union has improved over the past decade, with progress in wages, job security and working...
Read More...

€115 million AGILE fund to fast-track Europe’s defence innovation

€115 million AGILE fund to fast-track Europe’s defence innovation €115 million AGILE fund to fast-track Europe’s defence innovation
  The European Union has approved a €115 million programme designed to speed up the development and deployment of innovative defence...
Read More...

Brussels hosts 5,000 participants for EU debate on regional development and cohesion funding

Brussels hosts 5,000 participants for EU debate on regional development and cohesion funding Brussels hosts 5,000 participants for EU debate on regional development and cohesion funding
  Nearly 5,000 policymakers, regional representatives, researchers and other stakeholders have gathered in Brussels for the 24th European...
Read More...

EU imposes nearly 1,600 new sanctions to disrupt Russia’s missile production and military industry

EU imposes nearly 1,600 new sanctions to disrupt Russia’s missile production and military industry EU imposes nearly 1,600 new sanctions to disrupt Russia’s missile production and military industry
  The European Union has approved nearly 1,600 new sanctions listings targeting Russia’s military-industrial complex, in one of the largest...
Read More...

{videobox? &display=`slider` &player=`vbinline` &move=`all`}vUKjTPPcOdQ{/videobox}

Must Read

Most Popular Stories

The EU executive on Friday unveiled a raft of measures to protect the European economy from the coronavirus outbreak, and promised it would do whatever it takes for hardest-

hit Italy.

The assurances by EU Commission chief Ursula von der Leyen came a day after ECB head Christine Lagarde stoked fury in Rome by implying that shoring up Italy's precarious financial situation was not her job.

The answer by Brussels was made ever more urgent as the EU predicted that a recession, maybe even a very deep one, was very likely for all of Europe this year.

Von der Leyen said the commission, the EU's powerful bureaucracy, would try to provide Italy with whatever it needs to overcome the challenge of the coronavirus.

"Whatever is necessary, we support. Whatever they will need, we will answer," von der Leyen, a close ally of German Chancellor Angela Merkel, told reporters.

- 'Maximum flexibility' -

The commission's firepower to save Rome and others is limited and would mainly involve reallocating unused EU spending, as well as giving governments a free pass to bail out businesses.

Brussels would also loosen rules on running high public debt and deficits, a sensitive topic for financially overstretched Italy.

Italian Economy Minister Roberto Gualtieri welcomed the commission's decision "with satisfaction".

Von der Leyen said member states would receive "maximum flexibility" to boost spending beyond the legal limits, a promise that will also help France and Belgium, both chronic overspenders.

Countries "should feel comfortable to take all the necessary measures", she said.

Known as the stability and growth pact, the rules theoretically limit a country's deficit to three percent of annual output and debt to 60 percent, a number that Italy has more than doubled in recent years.

Italy's debt pile will grow even more after it announced 25 billion euros in extra spending to pull itself out of its crisis.

All eyes now are on a meeting Monday of EU finance ministers who between them have the financial muscle to earn respect on markets that have been punished by the virus fallout.

This is especially pressing after the ECB's Lagarde was forced to row back her dismissal of Italy's debt problem in Frankfurt on Thursday.

An EU official meanwhile warned that growth in the eurozone and across the EU would fall below "and potentially considerably below" zero in 2020.

Von der Leyen's intervention followed several days of criticism for the EU's lack of collective response, which was most exposed by a series of border closures among partner member states.

In the latest example, the Czech Republic announced that as of Monday, it would ban all foreigners from entering the country and all Czechs from leaving.

Other member states including Austria, Slovenia and Hungary have suspended the rules of the passport-free Schengen travel zone and reimposed border checks, particularly with Italy.

- 'Bans not effective' -

"Certain controls may be justified, but general travel bans are not seen as being the most effective by the World Health Organization," von der Leyen said, calling instead for health screening at borders.

Such tests could be carried out either at borders or within member state territory.

"Any measure that is taken must be proportionate," she said.

Home affairs commissioner Ylva Johansson will present proposals on screening to a meeting of the 27 EU interior ministers later on Friday.

The European response to the virus has stepped up dramatically in the last 24 hours with several countries including France, Ireland and Belgium closing schools and universities.

Italy has imposed the continent's toughest response to a pandemic that has killed 1,016 people and infected more than 15,000 in the peninsula in less than three weeks.

The government has shut all shops apart from pharmacies and groceries in the hope of stemming contagion and easing the burden on Italy's overstretched hospitals.

Von der Leyen said the EU is also taking steps to deal with a shortage of protective equipment such as masks, after several countries including Germany and France abruptly banned exports to guard their own supplies.

She said that after talks, Paris and Berlin had relented and are now "willing to adapt their national measures, as we requested".AFP