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Andrew Bailey’s Mansion House speech to investors marked some of his strongest comments yet on Brexit, saying one of its consequences has been weaker trade.

UK must rebuild post-Brexit relations with EU, says Bank boss

By: EBR | Monday, November 18, 2024

The UK must "rebuild relations" with the EU "while respecting the decision of the British people" who voted to leave in 2016, the Bank of England’s governor has said

Over 4,000 people and a thousand homes have been evacuated in the Malaga area, according to a Thursday update from Antonio Sanz, the director of the Emergency Plan for the Risk of Flooding in Andalucia.

Thousands evacuated as parts of Spain hit with nearly a month’s rainfall in one hour

By: EBR | Thursday, November 14, 2024

Severe thunderstorms and torrential rain have again battered coastal Spain, causing thousands of people to be evacuated

Orban’s recent interview, given on the morning of the November 7 informal European Council meeting may provide some insights into his true ambitions and future behavior.

Orban’s Rebellion Against Europe Gains Momentum

By: EBR | Wednesday, November 13, 2024

From the very outset of Russia’s invasion of Ukraine in February 2022, Hungarian Prime Minister Viktor Orban has systematically disrupted European decisionmaking

A streamlined EU executive would be much better placed to confront an American loosening of transatlantic bonds.

Trump’s win must hasten a European Commission rebranding

By: EBR | Wednesday, November 13, 2024

Ursula von der Leyen’s incoming European Commission will face a host of unwelcome challenges once Donald Trump is back in the White House

According to the report, the European Economic Area (EEA) now accounts for just 12% of worldwide commercial trials - those sponsored by a pharmaceutical company - down from 22% in 2013. This decline means that 60,000 fewer European patients participated in a clinical trial.

Greece, Slovakia and Poland’s clinical trial performance points to EU fragmentation

By: EBR | Tuesday, November 12, 2024

Despite a global surge in clinical trials over the past decade, Europe’s role in advancing new medical treatments is waning

In addition to believing that Meloni is someone who can be reasoned with and who can bring people around to her point of view through dialogue and understanding, Giordano says that her status makes her "the most stable leader in Europe", as demonstrated by the results of the EU elections in June.

ECR official calls Meloni Trump’s ‘natural interlocutor’ in Europe

By: EBR | Thursday, November 7, 2024

Italian Prime Minister and ECR leader Giorgia Meloni is seen as re-elected US President Donald Trump’s "natural interlocutor" in Europe

Olaf Scholz said his former finance minister had "betrayed my confidence" and had put the interests of his party base over those of the country.

German coalition collapses after Scholz fires key minister

By: EBR | Thursday, November 7, 2024

Germany’s governing coalition has collapsed after Chancellor Olaf Scholz fired a key minister and said he would call a vote of confidence in his government early next year

Most EU governments have chosen to appease anti-migrant sentiment.

Europeans ignore the need for migrants at their own peril

By: EBR | Tuesday, November 5, 2024

When historians look back on pivotal moments that reshaped Europe, they may well choose 2015-16

The United Kingdom was the top destination, followed by the United States, which saw a 9% increase due to higher olive oil prices.

EU agri-food trade balance remains stable

By: EBR | Monday, November 4, 2024

The latest agri-food trade report published today by the European Commission showed that in the January-May 2024 period, cumulative EU agri-food exports reached €97.4 billion

“No doubt about it, these explosive downpours were intensified by climate change,” said Dr Friederike Otto, from Imperial College London, who leads an international group of scientists who try to understand the role that warming plays in these type of events.

Scientists say climate change made Spanish floods worse

By: EBR | Thursday, October 31, 2024

While scientists are reluctant to say any single extreme event was caused by climate change, researchers have been quick to point out the role that rising temperatures have had in making the Spanish floods worse

“We have to do more than just show our concern (about the conflict in Gaza),” Borrell who is also of Prime Minister Pedro Sanchez’s PSOE (S&D) said while noting that Palestinian recognition and the two-state solution are the only options for long-lasting peace and stability in the region.

EU’s Borrell urges international community to ‘pressure’ Israel for a ceasefire

By: EBR | Tuesday, October 29, 2024

The international community must pressure on Israel to achieve a ceasefire and "end the tragic situation" in the Middle East, EU diplomacy chief Josep Borrell said

In 2025, German GDP will expand by just 0.8%. Of the world’s largest and richest economies, only Italy is forecast to grow as slowly.

Grave Challenges for the German Economy: 14 Facts

By: EBR | Tuesday, October 29, 2024

Germany is currently experiencing its first two-year recession since the early 2000s

The three countries called on the Commission to introduce a special tax on the excess profits of electricity producers and traders and prioritise the development of energy interconnections in Southeast Europe.

Experts dash hopes of EU compensation for high electricity prices in the Balkans

By: EBR | Friday, October 25, 2024

Leading Bulgarian energy experts have dashed the government’s hopes of receiving compensation from Brussels for high electricity prices as recently requested by Bulgaria, Romania and Greece

Efforts to shore up tax receipts across the European Union are also recipes for conflict.

To soak the rich, the EU’s rival taxmen

By: EBR | Wednesday, October 23, 2024

The heat is on for taxes

Speaking to journalists at the end of the meeting, Portuguese Defence Minister Nuno Melo said that Portugal wanted to make "a very large investment" in the defence industry and "also open up this area to private investment", namely the "more technological areas", with Spain being "a large market" and a source of potential investors.

Spain, Portugal call for new approach to EU-Africa relations

By: EBR | Tuesday, October 22, 2024

Spain and Portugal called for a new EU approach to relations with Africa at a ministerial meeting in Madrid

Commenting on her absence, Meloni said she "could not attend under any circumstances" as she had a pre-scheduled diplomatic visit to the Middle East, including a stop in Lebanon.

Meloni’s no-show at Berlin summit raises concerns over Italy’s global role

By: EBR | Friday, October 18, 2024

Italian Prime Minister Giorgia Meloni will miss Friday’s high-level meeting in Berlin

In the past, European interventions may not have always been an unmitigated success, but Europe was there at least to be accounted for. With geopolitical storms gathering speed, the EU seems to have lost its foreign policy.

The EU Needs an Interagency Process for Foreign Policy

By: EBR | Tuesday, October 15, 2024

Is European diplomacy still relevant ?

In Italy, Meloni’s ECR heads a coalition government with Matteo Salvini’s Lega (Patriots for Europe) and Antonio Tajani’s Forza Italia (EPP) - an alliance she seems eager to replicate at the EU level.

Meloni keen to form conservative front with EPP, Patriots

By: EBR | Wednesday, October 9, 2024

Italian Prime Minister and European Conservatives and Reformists (ECR) leader Giorgia Meloni appears to be looking to unite the right-wing European People’s Party (EPP) group and the new far-right Orban-led Patriots for Europe group

The new commission looks set to push this trend further in many respects. External funding will increasingly be channelled through the Global Gateway, the EU’s initiative for infrastructure investment designed to rival China’s Belt and Road Initiative.

The New European Commission’s Distorted Democracy Agenda

By: EBR | Tuesday, October 8, 2024

With the clear primacy of security issues in the new European Commission’s priorities, the place of democracy support in the EU’s geopolitical toolbox looks increasingly uncertain

This is the broad view of Indermit Gill, Chief Economist of the World Bank and its Senior Vice President for Development Economics.

A decade of slow growth? The World Bank’s chief economist on the global economic outlook

By: EBR | Wednesday, October 2, 2024

“The global economy is doing better than we expected just six months ago, but it’s doing much worse than it was six years ago”

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EU Actually

A UK-US deal sounds good but what does it mean

By: N. Peter Kramer

After Prime Minister Sir Keir Starmer’s visit to the White House in February, the UK delegation referred to what was being negotiated as an "economic deal"

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04/2021 2021

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Europe

What Le Pen’s sentence means for the rule of law in Europe

Marine Le Pen’s conviction for embezzlement and ban from elected office have sparked accusations from far-right and populist movements of antidemocratic behavior. But the ruling shows that attachment to the rule of law is resilient, and upholding it is the only way to counter claims that the system is rigged

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