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?
Under the snow-capped Pyrenees, dozens of planes are lined up like toys on a shelf at one of several airports in southern Europe where parking planes has become big business
2 weeks ago
On the EU's frozen frontier with Belarus, Latvian border guards are fighting a flow of contraband cigarettes reportedly benefitting organised crime and a close ally of the Belarusian president
2 weeks ago
Bank of England governor Andrew Bailey has pressed the EU to agree a post-Brexit financial services deal for the sake of pandemic recovery on both sides of the Channel
3 weeks ago
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