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Euro zone business activity contracted in July as customers stayed home

Business activity in the euro zone contracted slightly in July for the first time since early last year as consumers reined in spending amid...

EU approves 3 billion euro German green heating scheme

The European Commission said on Tuesday it had approved the German government's 3 billion euro scheme to support renewable energy and waste heat-based district...

First Ukraine grain ship since start of war leaves Odesa

A ship carrying grain left the Ukrainian port of Odesa for Lebanon on Monday under a safe passage agreement, Ukrainian and Turkish officials said,...

Euro zone inflation hits yet another record high after big jump

Euro zone inflation rose to another record high in July and its peak could still be months away, keeping pressure on the European Central...

EU Commission defers first disbursement under Resilience Facility to Romania

Romania and the European Commission (EC) have jointly decided to extend the assessment period for the first disbursement under the Resilience facility (EUR 2.6...

German inflation rises unexpectedly after fall in Russian gas supply

German inflation edged up unexpectedly in July after a further reduction in gas flows from Russia prompted concerns of even higher energy bills, data...

Marcon calls Russia ‘one of the last imperial colonial powers’ on Africa visit

French President Emmanuel Macron, on a visit to Benin Wednesday, branded Russia “one of the last imperial colonial powers" for its invasion of Ukraine,...

Russia Today loses court fight against EU ban

State-controlled media outlet Russia Today on Wednesday lost its court fight against a European Union ban imposed in March due to its systematic disinformation...

Lufthansa passengers face day of turmoil as ground staff strike

Deutsche Lufthansa AG passengers in Frankfurt and Munich face an almost complete shutdown of operations on Wednesday as a walkout by ground crew forces...

EU Commission clears €31.5 bln Cohesion Policy budget for Romania

The agreement between the European Commission (EC) and Romania on funding through European Regional Development Fund (ERDF), the European Social Fund+ (ESF+), the Cohesion...