Author: staff
Volkswagen, whose premium carmaker Porsche manufactures all of its models in Europe, but sells the most models in the U.S., is particularly vulnerable. But it’s not just German carmakers that will be harmed by the new tariffs. Thanks to a long-standing North American free-trade agreement, automakers and their suppliers have developed a complex supply chain with parts and cars often crossing between the U.S., Mexico and Canada multiple times before landing at a dealership. European carmakers are part of that trade. “Modern vehicle manufacturing is not confined to national borders. Automotive transatlantic value chains today are deeply interwoven,” Matthias Zink, president…
The European Commissioner for Energy and Housing, Dan Jørgensen, has called for more investment and ‘less red tape.’ The European Commission and Parliament are trying to tackle the housing crisis across the EU.Rising property prices combined with a shortage of available housing have made access to affordable housing for many increasingly difficult. The situation is critical. “We need more efforts to create more investments in the housing sector. We also need to look at other regulations that are today hindering that more houses are being built,” Dan Jørgensen, Commissioner for Energy and Housing, told Euronews, calling for “less red tape”.Rent…
Yemen’s Iran-backed Houthi rebels have launched several long-range missiles at Israel since the ceasefire in Gaza broke down last week. Although there was no immediate claim of responsibility, the Houthis later confirmed firing two missiles, one allegedly hypersonic, at Ben Gurion Airport and a military site in Tel Aviv.US forces have been targeting Houthi strongholds in Yemen since 15 March, with President Donald Trump vowing to hold Iran accountable for attacks carried out by its proxies in the region. The barrage also affected commercial flights, with Italy’s ITA Airways forced to divert a flight, though it landed safely in Tel…
Parliament members and their assistants have offices at the institution’s premises in Brussels, where regular parliamentary activity takes place, as well as at the institution’s official seat in Strasbourg, France, where it holds its plenary sessions. Two offices in Brussels were already sealed and searched earlier this month and were handed back to their tenants. Belgian prosecutors are investigating whether Huawei made illegal payments to get an open letter written, signed by eight European parliamentarians, which defended the Chinese tech giant’s interests, according to judicial documents seen by POLITICO. Four people have been charged with corruption and criminal organization and…
A US team that spent nine months on Cyprus has produced a detailed report outlining specific recommendations and proposals including additional staff training, upgrading high-tech systems and amending existing legislation. Authorities in Cyprus have said they will adopt the recommendations of a security initiative developed with help from the US to fight money laundering, sanctions evasion and other financial crimes.The announcement comes after a team from the Federal Bureau of Investigation (FBI) was seconded to the Mediterranean island nation for nine months.The FBI team helped to train Cypriot police to identify and prosecute cases of illegal financing and attempts to evade…
Updated: 27/03/2025 – 17:52 GMT+1European leaders convened in Paris on Thursday to explore military and diplomatic strategies for bolstering Kyiv’s position in ceasefire talks with Russia amid escalating negotiations. … More Leaders from across Europe gathered in Paris on Thursday to discuss ways to strengthen Kyiv’s position in ongoing ceasefire negotiations with Russia. Hosted by French President Emmanuel Macron at the Élysée Palace, the summit brought together nearly 30 countries, alongside NATO and EU officials.The talks come at a pivotal moment in the three-year-long conflict, as diplomatic efforts gain momentum under pressure from US President Donald Trump. Among the key…
The expansion in the last three months of 2024 was supported by a surge in consumer spending and is an improvement on previous estimates. United States’ GDP jumped by 2.4% in the last quarter of 2024, slightly higher than the 2.3% previously estimated.But it’s unclear whether the US can sustain solid growth as President Donald Trump wages trade wars, purges the federal workforce and promises mass deportations of immigrants working in the country illegally.The Commerce Department said that growth in gross domestic product decelerated from a 3.1% pace in July-September 2024.For all of 2024, the economy, the world’s biggest, grew…
The government will provide €3 million of funding over the next two years to help hotels build their own desalination plants. Cyprus said Wednesday it plans to subsidise the construction of private desalination plants at hotels to ensure the tourism-reliant island nation has enough fresh water to see it through busy summer seasons. The demands of millions of visitors put a severe strain on dwindling reserves.Water levels across the country’s 108 dams are at alarmingly low following the second-driest winter in a decade, and the national water supply network is struggling to cope due to demand and leaks.Maria Panayiotou, the…
Alexis Kohler quitte l’Elysée pour la Société générale, Emmanuel Moulin le remplace – POLITICO Skip to main content
Belarus could be used as a launchpad for attacks on Ukraine and Western neighbours, Belarusian opposition leader Sviatlana Tsikhanouskaya warned on The Europe Conversation. Belarus is becoming an increasingly unstable player in Eastern Europe as the country falls further under Russia’s influence, opposition leader Sviatlana Tsikhanouskaya told Euronews in an interview, warning that the country could serve as a launchpad for military aggression against Ukraine and other Western neighbours.Ukrainian President Volodymyr Zelenskyy revealed in Munich last month that Russia plans to station up to 150,000 troops in Belarus this year, potentially targeting NATO countries. With Belarus aligning ever more closely…