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The Latest Breaking News from European Union

Mercedes Boss Urges Europe to Drop the Gas Engine Ban

It’s only been a few weeks since the Mercedes CEO was brutally honest about his prediction for where Europe’s car industry is headed. Speaking with German business newspaper Handelsblatt, Ola Källenius said the EU needs a “reality check” to avoid “heading at full speed against a wall” and even "collapse."…

Motor1

Lottery firm Allwyn valued at £9.6 billion after Czech owner sells part of stake

Allwyn said central European investment fund J&T Arch has snapped up a 4.27% stake in the business.

Evening Standard

Macron pledges France's 'determined support' for Moldova joining EU

French President Emmanuel Macron pledged France’s “determined support” for Moldova and its goal of joining the European Union during a visit with the leaders of Germany and Poland on Wednesday. The trip came on the eve of campaigning for next month’s parliamentary elections amid claims of Russian interference.

Radio France Internationale

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Liz Truss warns there is ‘a reckoning coming’ for central banks, and backs Trump in Fed battle; US growth revised higher amid AI boom – as it happened

Rolling coverage of the latest economic and financial news, as former PM criticises Bank of England and claims UK faces ‘economic doom loop’

The Guardian - UK

EU steel chief touts quotas and cooperation on Chinese overcapacity with US

According to Axel Eggert, the chief of EUROFER, the European steel lobby, tariff-rate quotas are the best solution to put an end to existing US levies on imports of steel and aluminium. He also believes that the joint fight against Chinese overcapacities should be a shared objective with the US.

Euronews

Where in Europe is best for international students to work while they study?

Euronews Business takes a closer look at work permit rules and average wages for international students in Europe.

Euronews

Ukraine's anti-corruption chiefs tell EU accession talks would protect them, sources say

The heads of Ukraine's top anti-graft bodies were in Ukraine earlier this week for a meeting with the Commissioner for enlargement.

Euronews

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Defence: France and Germany looking at 'best athlete' model to boost European military production

EU defence production has been hindered by the sector's high level of fragmentation as many member states have historically favoured their own domestic defence industries on national security grounds.

Euronews

EU leaders visit Moldova on Independence Day with message of solidarity for Chișinău

Ahead of the Moldovan parliamentary elections on 28 September, the leaders of France, Germany and Poland visited Chișinău on the 34th anniversary of Moldova's independence.

Euronews

EU damaged by lethargic response to daily horror in Gaza – Irish president

‘Some leaders seem unable to use an appropriate language to express what is taking place,’ Michael D Higgins said.

The Independent UK

The European Union excluded Greenland from public consultations on the EU seal product ban. Why?

In 2024, the European Union held public consultations to review the fitness of the EU’s seal product ban regulations. The results of these public consultations are available now and reveal zero public feedback from people in Kalaallit Nunaat, or Greenland.

The Conversation

Hungary sues EU over frozen Russian assets being used to provide Ukraine aid

Hungary's government, which maintains warm relations with Russia, has a history of regularly blocking EU support for Ukraine, which has strained relations between Budapest and several other EU countries.

Euronews

The Guardian view on UK attitudes to Europe: Labour is following where it could be leading

Editorial: There are signs of ministerial courage in making the case for closer ties to our neighbours, but the government could go further and faster

The Guardian - UK

Critics of closer trading alignment with EU seem to be losing their voice

Labour’s support for ‘dynamic alignment’ with Europe and a youth mobility scheme has gone unchallenged by Gove – and Farage

The Guardian - UK

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Evening Standard

FTSE 100 ends slightly lower and European stocks mixed ahead of Nvidia results

The ‘future direction of markets’ will be determined by the results said Russ Mould, investment director at AJ Bell.

Radio France Internationale

Pipeline dispute shows Central Europe’s struggle to cut ties with Russian oil

Central Europe has been plunged into fresh energy anxiety after a series of Ukrainian drone strikes disrupted the flow of Russian oil through the Druzhba pipeline, igniting a war of words between Kyiv, Budapest and Bratislava.

Euronews

EU's and Spanish migration policies ‘exacerbate’ rights abuses in Mauritania - HRW report

Human Rights Watch says EU's and Spain’s outsourcing of migration control to Mauritania has worsened abuses against asylum seekers, including torture, rape and mass expulsions. The report links these violations to a €210 million 2024 migration deal aimed at curbing departures to the Canary Islands.

International Business Times

Hungary Web Users Lap Up Footage Of PM Orban's Family Estate

Videos of a countryside estate owned by Hungarian Prime Minister Viktor Orban's father have raked in hundreds of thousands of views online, with an anti-corruption campaigner sharing fresh footage Wednesday.

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Radio France Internationale

EU urged to uphold human rights, as Mauritania accused of abuse of migrants

Mauritania’s role as a key transit hub for African migrants seeking passage to Europe has come into sharp focus, following renewed claims by the NGO Human Rights Watch of abuse by its security forces.

Euronews

Which EU countries are fresh produce powerhouses?

A handful of countries account for the majority of fruit and vegetables harvested in the EU. Which states are the top producers?

International Business Times

German Factory Outfitters Warn Of 'Crisis' From US Tariffs

Germany's factory and equipment makers' federation warned Wednesday the sector is facing an "existential crisis" after the United States broadened the reach of its metals tariffs.

Benzinga

EU Rushes To Scrap Tariffs On US Goods To Unlock Lower American Auto Duties: These Exporters Stand To Gain Big

The U.S. and European Union are ready for a trade-off, as recent reports suggest that the EU is willing to waive all tariffs on industrial imports from the U.S. in exchange for lower duties on its automobile exports to the country. This proposition of having no industrial tariffs is poised…

The Conversation

Xi, Putin and Modi to meet in China – but don’t expect their Eurasian bloc summit to agree on anything important

The upcoming summit of the Shanghai Cooperation Organization (SCO) in Tianjin, China, from August 31 to September 1, will be the organisation’s largest gathering of heads of state to date. It comes at a time when the existing liberal international order is rapidly disintegrating. But rather than offering a concrete…

The Guardian - UK

Starmer’s EU negotiator gives stronger backing to youth mobility scheme

Nick Thomas-Symonds indicates closer ties with Europe in future and promises to agree agriculture deal

The Independent UK

Brexit was never debated properly, minister says as he accuses Farage and Tories of offering only ‘snake oil’

Nick Thomas-Symonds promised a ‘new relationship of mutual benefit’ with the EU - but admitted there would be a ‘political fight’ in order to get there

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