Turmoil in Europe's car sector could hit the central European economy and hurt banks' asset quality, S&P Global said on Tuesday, although it added that lenders were strong enough to withstand stress in their automotive portfolios.
Should EU foreign ministers fail to renew the sanctions by January, diplomats say there is still enough time to call an had-hoc emergency EU summit
The European Medicines Agency (EMA) said on Monday it would no longer post on X and would use rival Bluesky instead, becoming the latest organisation to quit a social media platform that some have criticised for its content.
The sanctions up for renewal include all sector-based bans on trade as well as the measures that immobilised Russia's central bank assets. Legally, EU countries must unanimously vote to renew these restrictions every six months.
Much of what happens in the EU in 2025 will hinge on the incoming U.S. presidency of Donald Trump. Speaking to EU officials over the last few weeks, they all seem to be waiting for his inauguration on January 20 to see what challenges his new administration might bring.
Europe must "be prepared" for potential trade tariffs from newly inaugurated U.S. President Donald Trump, the president of the European Central Bank told CNBC on Wednesday. After his inauguration, Trump told reporters that the EU has been "very,
ASTANA—The European Union (EU) Delegation to Kazakhstan hosted a press conference on Jan. 27 in Astana to outline the priorities of the Polish presidency of the EU Council and its implications for Kazakhstan and Central Asia. The event featured EU Ambassador to Kazakhstan AleÅ¡ka Simkić, and Polish Chargé d’Affaires in Kazakhstan MichaÅ‚ Labenda.
Hungary wants the European Union to persuade Ukraine to resume gas transit from Russia to Europe, Prime Minister Viktor Orban said on Friday, signalling a tough debate as the EU seeks to extend its sanctions against Russia over the coming week.
From remote Bulgarian villages to Estonian islands, a silent revolution is underway—one that promises to reshape not just healthcare delivery, but the very geography of medical access.
As Magyar Nemzet reported, Hungary blocked the extension of sanctions against Russia, putting significant pressure on European Union decision-makers. Prime Minister Viktor Orban made it clear that Hungary's support is conditional on the resumption of natural gas and oil transit through Ukraine, which has been halted in recently.
Postponed due to the illness of European Commission President Ursula von der Leyen, the Competitiveness Compass, which aims to set out the EU’s economic strategy until 2029, will be presented this week against a backdrop of sluggish economic growth and existential questions about how to compete with China and the US.