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#Economy

Combination of pictures created on January 12, 2021 shows a file photo taken on October 2, 2020 of Italian PM Giuseppe Conte at The European Council Building in Brussels (L) and then former Italian PM, Matteo Renzi, on March 5, 2018 at the PD headquarters in Rome.
Combination of pictures created on Janua... […]

Virus-hit Italy faces political crisis over EU recovery plan

Italy is facing a fresh political crisis after weeks of turmoil in the coalition government came to head in a row over how to spend billions of euros in EU coronavirus recovery funds
A shopper carries purchases after leaving a branch of clothing and food retailer Marks and Spencer in central London on August 18, 2020. Photo: Justin Tallis / AFP
A shopper carries purchases after leavin... […]

Brexit deal’s ‘rules of origin’ spark trade confusion

Many British businesses are swiftly discovering that they must now pay duties on exports bound for the European Union, despite the breakthrough Brexit free trade deal clinched over Christmas
Lorries disembark a ferry at the Port of Dover, southeast England on January 1, 2021. Photo: Justin Tallis / AFP
Lorries disembark a ferry at the Port of... […]

UK’s Brexit plans to be tested as festive period ends

Britain faces the first true test of its Brexit preparations, with thousands of lorries set to make the Channel crossing for the first time since the country left the EU's single market and customs union
"To me, Brexit means logistical chaos, which will hinder our work," says Bulgarian truck driver Dimitar Velinov. Photo: Nikolay Doychinov / AFP
"To me, Brexit means logistical chaos, w... […]

Trucker, fisherman, scientist… the voices of Brexit

They transport goods from Europe to Britain, export British produce to the EU, or recruit scientists and researchers... AFP has spoken to six people whose lives will be directly affected by Brexit
Freight lorries queue outside the port of Dover on the south coast of England on December 10, 2020, before boarding ferries to Europe. Photo: Justin Tallis / AFP
Freight lorries queue outside the port o... […]

Shortages, jams and shutdowns: UK readies for Brexit ‘no-deal’ chaos

Food shortages, tailbacks and congested ports: as talks with Brussels remain unresolved three weeks before leaving the EU single market, the UK is preparing for a chaotic "no-deal"
This picture shows the construction site of a high-rise building at the business district of La Defense west of Paris on October 21, 2020, as the country faces a new wave of infections to the Covid-19 (the novel coronavirus). - La Defense, the largest European business district and the fourth largest in the world, had to reshape its activity following the Covid-19 pandemic: work from home, barrier measures and safety guidelines. According to Paris-La Defense association district, 60% of its workers have returned to the office. However, following the lockdown, the generalisation of home working, the partial closure of bars and restaurants and, now, the curfew, the daily life of some 500 companies and 180,000 employees is permanently affected. (Photo by Christophe ARCHAMBAULT / AFP)
This picture shows the construction site... […]

EU warns no return to pre-crisis economy before 2023

A second wave of the coronavirus pandemic has stalled a nascent recovery in Europe, as the EU warned that the economy would not return to pre-virus normality before 2023
A waiter waits for customers at a restaurant in Barcelona on October 14, 2020. - Bars and restaurants are to be closed across Spain's northeastern Catalonia region for the next 15 days to slow rising coronavirus infections, the regional government said. (Photo by LLUIS GENE / AFP)
A waiter waits for customers at a restau... […]

New virus restrictions deal fresh blow to Spain economy

Fresh virus restrictions imposed in Spain's two regional economic powerhouses, Catalonia and Madrid, have darkened the country's bleak growth forecasts and angered business leaders
European Central Bank (ECB) President Christine Lagarde speaks during the 16th Congress of Regions (Congres des Regions) in Saint-Ouen, north of Paris on October 19, 2020. (Photo by GEOFFROY VAN DER HASSELT / AFP)
European Central Bank (ECB) President Ch... […]

ECB’s Lagarde says business needs more women leaders

European Central Bank President Christine Lagarde says there are still too few women in top jobs, and that the coronavirus pandemic has exacerbated the problem
Netherlands' Prime Minister Mark Rutte arrives for a European Union Summit at the Europa building in Brussels on December 12, 2019. - European Union leaders meet without Britain on December 12, but their departing neighbour's absence will not make agreeing a budget any easier. Inside the chamber, the clash over climate take Brexit's place as the dominant theme of the summit, the first to be chaired by incoming EU Council president Charles Michel. (Photo by Kenzo TRIBOUILLARD / AFP)
Netherlands' Prime Minister Mark Rutte a... […]

Dutch ‘preachers and salesmen’ lead EU frugality drive

The Netherlands will be at the centre of upcoming talks over European spending on the coronavirus crisis, driven by a mix of traditional Calvinist frugality and political reality, experts say