Author: staff

The European equivalent of the Oscars take place this weekend, and ‘Emilia Pérez’ by Jacques Audiard and this year’s Golden Lion winner ‘The Room Next Door’ by Pedro Almodóvar lead the nominations. Time for some predictions… The European Film Awards, which honour the greatest achievements in European cinema, are fast approaching. The ceremony takes place this coming weekend (Saturday 7 December) in the Swiss city of Lucerne and Euronews Culture will be on site to keep you abreast of all the results. Like last year, we’re keen on getting our crystal balls out (yes, we have several – where were you when they were…

In an interview with POLITICO at a friend’s house in a village outside Bucharest, the populist admirer of Russian President Vladimir Putin and U.S. President-elect Donald Trump doubled down on his frustration with multinationals in Romania.   “If today, like the Romanian people, I pay for water, do you know where I pay? I pay to a French firm which didn’t invest, didn’t contribute a nail, but collects the money. I also pay a foreign company for natural gas. I also pay for electricity from a foreign company. I buy my gasoline, my own gasoline, and where do I pay? Also…

ASML sees a limited impact of the US fresh restrictions on AI chip exports to China and maintains its guidance for 2024 and 2025. Dutch computer chip equipment maker ASML has been exempted from the new chip export restrictions on China. The company, Europe’s second-largest tech firm maintained its guidance, saying in a statement on Monday regarding the fresh US rules: “We do not expect any direct material impact on our business.” Its share price rose 0.9% to €664 at the market close. ASML sees limited impact on its businessThe US Department of Commerce unveiled fresh curbs on the exports of critical…

The DAX hit a new high for the second straight trading day on Monday. Strong performances in the technology, financial, and industrial sectors have fuelled the rally, despite broader economic weakness. Germany’s benchmark, the DAX, reached an all-time high for the second straight trading session, rising 1.57% and nearing the 20,000 mark. Despite the recent negative economic readings and political instability, the German stock market maintained its bullish momentum, up 19% year to date, making it the best performer in the European markets. This remarkable performance comes despite negative economic indicators and ongoing political uncertainty. The DAX has risen 19%…

Der Kanzler in Kiew und die Außenministerin in Peking. Tausende Kilometer trennen beide und doch sind sie in der gleichen Mission unterwegs: Deutschlands und Europas Sicherheitsinteressen zu vertreten. Worin sich ihre Ansätze und Argumentationen unterscheiden, analysiert Gordon Repinski unter anderem zusammen mit dem EU- und Diplomatie-Experten Hans von der Burchard.  Selten schien die Union so geschlossen wie jetzt. Zwischen CSU-Chef Markus Söder und CDU-Chef Friedrich Merz scheint kaum ein Blatt Papier zu passen. Wie gut hält der Frieden und wie lange? Das schätzt Chefkorrespondent Rasmus Buchsteiner ein.  Und: der gerade noch ärgste innerparteiliche Wahlkampf-Gegner von Boris Pistorius muss aufgeben. Wie…

Instead, the country’s farmers have been demonstrating, sometimes violently, against a treaty that has crystallized their long-standing anger with European rules on food, environmental safety and animal welfare. They object, in particular, to the abolition or reduction of tariffs on 160,000 metric tons of Mercosur beef, which they say is produced by methods banned in the EU, such as the use of artificial growth hormones. Brussels, for its part, notes that the treaty specifically excludes hormone-enhanced beef, and that the annual beef quota for Mercosur is a small fraction of the EU market and less than Europe currently imports. However,…

If no party from the left agrees to work with the “civil war parties,” it would be due in part to the terrible outcomes that have befallen any small party to have done so in the past. Annihilation on the left Since Fianna Fáil’s half-century of political dominance ended in the 1980s and multi-party coalitions became the Irish norm, smaller parties that entered government have without exception been crushed by voters in the following election. This brutal pattern was just repeated. In 2020, when Fianna Fáil and Fine Gael needed a substantial third party to forge a majority, it persuaded…

Yet others are clearly less ready to use any wiggle-room. “What happens with individual government bonds is typically a reflection of what may be happening politically in the country at the time,” Bundesbank chief Joachim Nagel said Friday. Wider spreads that arise in such a context “wouldn’t be an issue that would justify us concluding that the transmission of the monetary policy impulse is disrupted.” Analysts don’t expect the ECB to pull the trigger immediately.   “If you look at the criteria that they listed, France doesn’t meet many of these,”  Bas van Geffen, senior macro strategist at Rabobank, told POLITICO.…

“The Georgian people should be able to stand up for their rights because their ruling party has been systematically lying to Georgians for a long time, and people have the right to express their feelings through protests. Violence against protesters is disproportionate and against human rights,” said Estonian Foreign Minister Margus Tsahkna in a statement. New EU top diplomat Kaja Kallas said on Sunday that the country’s democratic backsliding “will have direct consequences from [the] EU side.” Thousands of protesters have been demonstrating in front of the Georgian parliament demanding the government resign after Georgian Prime Minister Irakli Kobakhidze announced…

The U.K. prime minister — who has been at pains to talk up a good-natured dinner with Trump before the U.S. Republican won in November — sought to put Britain’s ties with America in a historical context. He reeled off past prime ministers who had worked with both the U.S. and Europe in times of upheaval, and pointed to the “shared sacrifice” of two world wars. “[Clement] Attlee did not choose between allies,” Starmer said. “[Winston] Churchill did not choose. The national interest demands that we work with both.” Starmer added: “Our relationship with the United States has been the…