Author: staff
Spain is a member of the European Union, a 27-country bloc that operates a common trade policy, so any attempt to single out Madrid would create friction with other member states, like Germany, France and Italy. 13 HRS ago 5 mins read
Published on 04/03/2026 – 9:14 GMT+1 Following US and Israeli strikes, this week Iran moved to block the Strait of Hormuz, the ultimate geopolitical chokepoint connecting the Persian Gulf to the open ocean. Let’s investigate the economic impact. Do you have a car? Twenty million barrels of oil squeeze through this narrow strait every single day, representing roughly 20% of the global supply. As drone attacks halt major shipping, global oil prices have surged. This means immediate price hikes at the petrol station and rising supermarket inflation, since shipping everyday goods will cost more. And what about your house? Because…
Nature tourism is normally a reliable way to escape the crowds, but in many European hotspots, even that doesn’t always work anymore. Some places have had to cap visitor numbers and increase fees for activities such as hiking, while others have introduced eco-taxes amid record tourist numbers. For adventure lovers who really want to get away from it all, Kyrgyzstan is positioning itself as a prime destination. With more than 90% of the country covered by mountain ranges, you’re all but guaranteed to find yourself enjoying stunning natural attractions without the crowds. Connect with nature in Kyrgyzstan Kyrgyzstan offers visitors…
LONDON — The U.K.’s finance minister insists the British people are going to feel richer. Just not yet. Rachel Reeves delivered a biannual forecast on Tuesday that insisted inflation, borrowing and debt will all fall by the next general election, benefiting people by £1,000 a year. Voters, she said, will ask themselves one question in 2029: “Are me and my family better off?” And, the chancellor told MPs: “I am determined that the answer will be yes.” Reeves has a reason to point to the future — right now, the country’s economic woes are stark. Tuesday’s forecast revised growth in…
Most card or online purchases in Europe go through Visa or Mastercard, two American companies that lead global payments. EU leaders now see this as a risk Europe can’t ignore, and they’re acting. Wero is a digital wallet created by European banks and payment companies to avoid using card networks. It uses instant bank transfers, which remove middlemen, lower fees, and keep data within Europe. Wero already has tens of millions of users in Germany, France, and Belgium, and it’s growing quickly. Two main reasons drive this effort: control and cost. The European Central Bank warns that relying on foreign…
By Euronews Published on 04/03/2026 – 7:38 GMT+1 The United Arab Emirates called on the United States, Israel and Iran to return to the negotiating table as the conflict across the Middle East that broke out on the weekend enters its fifth day. UAE’s Minister of State for International Cooperation, Reem Bint Ebrahim Al Hashimy also condemned the “blatant Iranian attacks” and warned of regional escalation “without taking into account the clear position of the UAE, which has repeatedly confirmed that it is not allowed to use its lands in any military operation against Iran”. Speaking at her first press conference…
Published on 04/03/2026 – 7:00 GMT+1 Fossil-fuelled ferries are choking European ports, as experts call for a rapid transition to electrification. Ferries play a vital role in connecting Europe’s islands with the mainland, and are often seen as an environmentally friendly alternative to flying. However, many vessels are old and polluting – exposing locals to toxic air pollution. A new study by NGO Transport & Environment (T&E) has found that in 2023 alone, 1,043 European ferries emitted 13.4 million tonnes of CO2. This is the equivalent of 6.6 million cars over a year. In port cities such as Barcelona, Dublin…
Während Kanzler Friedrich Merz nach seinem Besuch im Oval Office die Rückreise antritt, schlägt die geopolitische Realität in Deutschland voll ein. Steigende Gaspreise, fallende Börsenkurse und die Zwei-Euro-Marke an den Tankstellen bringen die mühsam geplante Konjunkturbelebung ins Wanken. Gordon Repinski analysiert direkt aus Washington, ob Merz bei Donald Trump etwas erreicht hat und wie der Kanzler nun die Wirtschaft – und der CDU-Chef die anstehenden Wahlkämpfe – stabilisieren will. Im 200-Sekunden-Interview mit Rasmus Buchsteiner fordert Sven Schulze, Ministerpräsident von Sachsen-Anhalt und CDU-Spitzenkandidat, sofortige Konsequenzen aus der Krise. Schulze macht deutlich, dass die Union so kurz vor den Landtagswahlen in Baden-Württemberg…
“Made in Europe” is finally here. After four delays and fierce internal battles, the European Commission unveils its Industrial Accelerator Act — a plan aimed at challenging China’s dominance in clean tech and tilting public procurement toward EU-made products. Ian Wishart and senior finance reporter Kathryn Carlson break down what the push really means: Who stands to benefit, who fears creeping protectionism, and whether Brussels is turning inward at a fragile moment for global trade. Meanwhile, the Iran war is already pushing up gas prices and shipping insurance costs — and splitting Europe’s far right. Plus: The EU manages to…
The tests are run by the European Personnel Selection Office (EPSO), an interinstitutional body that organizes recruitment for institutions including the European Commission, the European Parliament and the Council of the EU. The exams are a gateway to a career in the EU civil service. “I regret to inform you that your participation [in the process] has come to an end, since you failed to sit at least one of the tests scheduled for the competition,” according to letters sent to two candidates POLITICO spoke to, and screenshotted by several others on the Facebook group for linguist candidates. There are…