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EU plans ‘comprehensive reform’ of electricity market
The EU plans a "deep and comprehensive" reform of the electricity market to cope with an energy crisis sparked by Russia's war in Ukraine, European Commission chief Ursula von der Leyen has said.
Climate change drives Europe towards record fire year
The fires that have torched through Europe are on course to make 2022 a record year for forest loss on the continent, as scientists warn climate change is already contributing to ever fiercer blazes.
‘Going big’: ECB’s new crisis tool to ease bond stress
The ECB has unveiled a new crisis-fighting tool to counter an "unwarranted" jump in borrowing costs for more indebted eurozone governments as it hikes its interest rates for the first time in over a decade.
Winners and losers of the ECB’s rate hike
The European Central Bank is set to turn the page on years of easy money when it begins to hike its interest rates to tame runaway inflation. Who wins and loses when borrowing costs go up?
ECB goes on offensive as inflation pressure mounts
The European Central Bank will raise its interest rates on Thursday for the first time in over a decade, but the bank is already under pressure to do more amid record inflation.
MEPs urge abortion as a basic right in EU
The European Parliament has voted to urge the European Union to make abortion a basic right, in reaction to a US ruling overturning it as a nationwide entitlement in America
The consequences of the euro’s fall against the dollar
The euro fell below $1.01 this week to its lowest level in 20 years. Here are the concrete consequences of the decline in the value of the single European currency.
How long will it take to get over the inflation hump?
Inflation has surged back to levels not seen in many developed economies since the 1970s and 1980s. Economists and central bankers at the European Cental Bank's conference in Portugal warn it will take time before price rises cool.
Europe ‘epicentre’ of monkeypox outbreak: WHO
The World Health Organization (WHO) has said Europe remains the epicentre of the global monkeypox outbreak, which posed a "real risk" with more than 1,500 cases reported in the region
ECB gears up for ‘series’ of rate hikes to fight inflation
The European Central Bank has ended its bond-buying stimulus and unveiled plans for a series of interest rate hikes from July, the first in more than a decade, to combat soaring inflation