Economy

The economic recovery of Europe
The European economy has been harshly hit by the coronavirus crisis. In a few months, the European Union has managed to take a new step towards solidarity between its member states with the adoption of a maxi recovery plan worth 750 billion euros, financed by commonly-issued debt f for the very first time. EU leaders also approved a new seven-year European budget of 1.1 trillion euros. How will the governments of the world's second economic zone use the resources to help their countries bouncing back?
An undated photo released by Cornish Lithium shows exploratory drilling for lithium taking place at a former mine in Redruth, Cornwall. Cornish Lithium / AFP
An undated photo released by Cornish Lit... […]

Electric car lithium demand powers mining revival in UK

As the global auto sector accelerates production of electric cars, one British company is hoping to cash in from mining lithium needed to make rechargeable batteries that power the vehicles
Cars on the A7 motorway between Lyon and Vienne in southeastern France. Photo: Philippe Desmazes / AFP /File
Cars on the A7 motorway between Lyon and... […]

Will drivers get burned by EU ban on petrol or diesel cars?

The European Commission has unveiled plans to effectively ban the sale of new cars with internal combustion engines from 2035. What will this mean for drivers?
Commission Vice President Frans Timmermans (L) and President Ursula von der Leyen unveil the 'European Green Deal' during a press conference at the EU Parliament in Brussels on July 14, 2021. Photo: John Thys / AFP
Commission Vice President Frans Timmerma... […]

Europe’s green economy plan: main points

The European Commission has unveiled a vast legislative programme to increase the cost of pollution and drive the economy towards a carbon neutral future
Aircraft on the runway in Toulouse. Photo: Jean-Vincent Reymondon / Airbus / AFP / File RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / AIRBUS/ MASTER FILMS/ JEAN-VINCENT REYMONDON" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS
Aircraft on the runway in Toulouse. Phot... […]

EU airlines fear fuel tax as climate push takes off

The European Commission is set to propose a raft of measures to slash EU aviation emissions when it unveils a bumper package of legislation aimed at reaching its climate goals
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