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EU unveils five joint weapons programs in push to build defense industry muscle

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Brussels lays groundwork for Montenegro’s EU entry with detailed budget roadmap

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European Commission clears €1 billion capital boost for Romania's investment and development bank

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Seven detained in terror probe over Liège synagogue blast

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EU unveils €10 billion boost for Ukraine's defence and reconstruction at Recovery Conference

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EU residential building construction prices up 48% since 2015

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The cost of constructing new residential buildings across the European Union has increased by 48.2% since 2015, according to data...
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EU moves to bolster Europol and Eurojust in crackdown on cross-border crime and terrorism

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EU releases €846 million to Spain as Brussels steps up support for Valencia flood recovery

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  The European Union has approved a fresh €846 million payment to Spain to help finance reconstruction efforts following the catastrophic...
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EU services sector energy use climbs slightly in 2024, driven by electricity and natural gas

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Latest News

EU unveils five joint weapons programs in push to build defense industry muscle

EU unveils five joint weapons programs in push to build defense industry muscle EU unveils five joint weapons programs in push to build defense industry muscle
The European Commission has proposed five large-scale joint defence initiatives aimed at accelerating Europe’s ability to design and produce...
Read More...

Brussels lays groundwork for Montenegro’s EU entry with detailed budget roadmap

Brussels lays groundwork for Montenegro’s EU entry with detailed budget roadmap Brussels lays groundwork for Montenegro’s EU entry with detailed budget roadmap
  The European Commission has unveiled a detailed financial framework outlining how Montenegro would be integrated into the EU budget...
Read More...

European Commission clears €1 billion capital boost for Romania's investment and development bank

European Commission clears €1 billion capital boost for Romania's investment and development bank European Commission clears €1 billion capital boost for Romania's investment and development bank
The European Commission has approved Romania's plans to strengthen its national investment and development bank, Banca de Investiții și Dezvoltare...
Read More...

Seven detained in terror probe over Liège synagogue blast

Seven detained in terror probe over Liège synagogue blast Seven detained in terror probe over Liège synagogue blast
  Belgian authorities have arrested seven people following a series of house searches linked to the investigation into the explosion that...
Read More...

EU unveils €10 billion boost for Ukraine's defence and reconstruction at Recovery Conference

EU unveils €10 billion boost for Ukraine's defence and reconstruction at Recovery Conference EU unveils €10 billion boost for Ukraine's defence and reconstruction at Recovery Conference
  The European Union announced a major package of financial support for Ukraine's defence, recovery and reconstruction at the Ukraine Recovery...
Read More...

EU residential building construction prices up 48% since 2015

EU residential building construction prices up 48% since 2015 EU residential building construction prices up 48% since 2015


The cost of constructing new residential buildings across the European Union has increased by 48.2% since 2015, according to data...
Read More...

EU moves to bolster Europol and Eurojust in crackdown on cross-border crime and terrorism

EU moves to bolster Europol and Eurojust in crackdown on cross-border crime and terrorism EU moves to bolster Europol and Eurojust in crackdown on cross-border crime and terrorism
  The European Commission has unveiled a sweeping package of reforms aimed at strengthening the European Union's ability to combat organised...
Read More...

EU releases €846 million to Spain as Brussels steps up support for Valencia flood recovery

EU releases €846 million to Spain as Brussels steps up support for Valencia flood recovery EU releases €846 million to Spain as Brussels steps up support for Valencia flood recovery
  The European Union has approved a fresh €846 million payment to Spain to help finance reconstruction efforts following the catastrophic...
Read More...

EU services sector energy use climbs slightly in 2024, driven by electricity and natural gas

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  Energy consumption in the European Union’s services sector rose modestly in 2024, reaching 4,971 petajoules (PJ), according to recent...
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The European Union’s trade in medicinal and pharmaceutical products reached unprecedented levels in 2025, delivering a record surplus of €220.5 billion. The surge was driven

by strong export growth, underscoring Europe’s dominant position in the global pharmaceutical market.

According to the latest data, EU exports of medicines and pharmaceutical goods climbed to €366.2 billion in 2025, marking a sharp 16% increase compared to the previous year. Imports also rose significantly, jumping 21% to €145.7 billion. Despite the faster growth in imports, the bloc maintained a substantial trade surplus, reflecting sustained global demand for European-made pharmaceuticals.

Ireland emerged as the EU’s leading exporter to non-EU countries, shipping medicinal and pharmaceutical products worth €93.8 billion. Germany followed with €67.9 billion, while Belgium ranked third with €38.5 billion in exports. These figures highlight the continued concentration of pharmaceutical manufacturing and distribution hubs within a handful of member states.

On the import side, Italy became the largest buyer of pharmaceutical goods from outside the EU, with imports totaling €27.5 billion. Belgium and Germany were close behind, importing €24.7 billion and €24.2 billion respectively.

The United States remained the EU’s most important trading partner in this sector. Nearly 44% of all EU pharmaceutical exports were destined for the US, valued at €160.6 billion. Switzerland held its position as the second-largest export market, accounting for €59.7 billion, while the United Kingdom ranked third with €20.6 billion.

Imports showed a similar pattern. The US was again the primary source, supplying €60.1 billion worth of pharmaceutical products to the EU—over 40% of total imports. Switzerland followed with €41.4 billion, and China accounted for €13.1 billion, reinforcing its role as a key supplier in the global pharmaceutical supply chain.

The data reflects both the resilience and growing strategic importance of the pharmaceutical sector within the EU economy, particularly amid increasing global demand for medical products and innovation-driven healthcare solutions. Photo by Trougnouf, Wikimedia commons.