european-economies
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European Defence Industry Co-Operation Must Be Enhanced – France’s Macron
Date: June 13, 2022
PARIS (Reuters) – French President Emmanuel Macron said on Monday that co-operation in the European Union’s defence industry needed to be enhanced, including by the introduction of measures to favour EU companies on strategic issues. “We need to…have a stronger industrial and technological base for European defence one that is much stronger and much more...
Dutch Economic Growth Grinds to Halt as Energy Prices Soar – Central Bank
Date: June 13, 2022
AMSTERDAM (Reuters) – Economic growth in the Netherlands will come to a halt for most of the year as energy prices and overall inflation soar due to Russia’s war in Ukraine, the Dutch central bank (DNB) said on Monday. Growth of the euro zone’s fifth largest economy will slow to 2.8% this year and 1.5%...
Inflation Shock Drives European Stocks to 3-month Lows
Date: June 13, 2022
By Sruthi Shankar (Reuters) -European stocks tumbled to three-month lows on Monday, dragged down by technology and travel stocks, as a sharp rise in U.S. inflation raised concerns about aggressive interest rate hikes by the Federal Reserve. The pan-European STOXX 600 index fell 1.9% to its lowest since March 8. High-growth technology stocks dropped 3.3%...
Scholz Backs Giving ‘realistic Chance’ to Western Balkans on EU Membership Bid
Date: June 10, 2022
By Sarah Marsh BERLIN (Reuters) -German Chancellor Olaf Scholz promised to help the Western Balkans to reinvigorate their long-stalled campaign for European Union membership, a move aimed at easing regional tensions and fending off the influence of rival powers such as Russia. Speaking alongside the Kosovo Prime Minister Albin Kurti in Pristina at the start...
Greek PM Says EU Must Integrate Western Balkans by 2033 – Politico
Date: June 10, 2022
(Refiles to give PM’s full name in lede parapraph) ATHENS (Reuters) – Greek Prime Minister Kyriakos Mitsotakis said on Friday the European Union should offer the integration of all six nations of the Western Balkans into the EU by 2033 in what he called a “bold but necessary step”. Russia’s invasion of Ukraine has lent...
EU Lawmakers Face Hundreds of Amendments in Key Votes on Climate Policies
Date: June 7, 2022
By Kate Abnett BRUSSELS (Reuters) -The European Parliament will vote this week on a raft of EU climate change policies designed to cut Europe’s emissions over the next decade, with proposals facing multiple amendments and the outcome uncertain for some of the most ambitious plans. The plans aim to put the 27-country European Union –...