US President Trump's threat to tax imported cars in the name of national security risks weakening domestic manufacturers, but could accelerate renegotiation of the North American Free Trade Agreement.
Inflation in the eurozone leaped to the ECB's target in May, data shows, fuelled by a huge increase in oil prices as the US decided to pull out of a nuclear deal with Iran.
The European Union (EU) Commission has announced its 2019 budget draft proposal. Accordingly, the EU's revenues in the 2019 budget will amount to 149 billion euros and expenditures.
The EU lays out a stark warning that a sudden rise in trade protectionism is the biggest threat to growth in Europe, as it confirmed its solid economic projections for 2018 and 2019.
Europe's economic recovery is rolling ahead, driving down unemployment to the lowest in nearly a decade.
France has reported a budget deficit equivalent to 2.6 percent of the economy in 2017, below the EU limit of 3.0 percent for the first time in a decade.