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Economy

UK minister rejects Sefcovic's idea on joining European Customs Union

The EU's new trade chief Maros Sefcovic on Wednesday in Davos told the BBC that he was open to Britain joining the Pan-Euro-Mediterranean Convention (PEM) as part of a post-Brexit "reset".

Europe News

Centre-right cries victory, NGOs cry foul over deforestion law delay

The centre-right European People’s Party is claiming credit for a one-year delay to a regulation blocking EU market access for products linked to deforestation, although it failed in its attempt to further water down the law despite support from the far-right.

Economy

Draghi's competitiveness report: Can Europe heed the call to action?

Mario Draghi's competitiveness report urges the EU to invest €750-800bn annually to close the economic gap with the US and China. While experts praise its push for joint action and reforms, concerns remain over funding, political consensus and its future impact.

Economy

ECB's Lagarde reaffirms data-driven approach to future rate decisions

ECB President Christine Lagarde reaffirms a data-driven approach to rate decisions while urging structural reforms, citing Mario Draghi's competitiveness report. The ECB lowered its deposit rate by 25 basis points, with inflation and growth forecasts largely unchanged.

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Economy

The untapped potential of Europe's public procurement market

The EU needs more competitive and strategic public procurement to unlock the full potential of a €2 trillion market (14% of EU GDP) - and that will require a revision of the existing framework, according to Enrico Letta's recently published report on the single market.

Economy

The Brussels boost: How the EU-8 have grown their economies

Twenty years ago today, 10 new countries joined the European Union. A new report looks at the economic progress of eight of those member states.

Healthcare

Letta report highlights need for stronger healthcare sector

Strengthening health resilience is one of the pillars of Enrico Letta’s report on the Single Market to be presented to EU leaders during the special European Council in Brussels today (18 April).

Europe News

EU probes Chinese solar panels over potentially 'distortive' subsidies

The European Commission has launched two investigations into Chinese manufacturers of solar panels suspected of benefitting from "distortive" state subsidies and gaining an "unfair advantage."

Economy

Euroviews. How can the EU single market break out of its historical straitjacket?

Path dependency and a reflex towards the status quo have left Europe for too long with a single market that doesn’t fulfil its citizens’ needs, Philippe Pochet and Taube Van Melkebeke write.

Europe News

Euroviews. For the EU’s prosperity, we must empower the single market now

The EU rests on its single market, its singular crowning achievement. To ensure the EU’s future competitiveness and prosperity, its leaders must act now to truly empower it, Jacques Pelkmans writes.

United Kingdom

Has Brexit been a failure? A majority of Brits think so

A new opinion poll has found that most British voters see leaving the EU as a huge failure for the country, especially around broken promises on NHS funding.

Economy

Inflation, weak demand and falling employment weigh on the eurozone

The eurozone economy continued its decline for a sixth consecutive month. Euronews Business looks at why and breaks down the latest figures.

World News

Euroviews. How to increase Europe’s competitiveness in the new global economy

How Europe now deals with this period of structural change in the global economy will determine whether future generations of Europeans can enjoy prosperous, productive and creative lives, Mirek Dušek and Marushia Gislén write.

Business

EU seeks to make 10-second instant bank payments a reality

A legal deal struck late Tuesday could put an end to long waits to transfer money across borders

Ukraine

Reports Ukraine's EU accession talks could start in December

A report on Kyiv’s progress in meeting seven conditions for entry to the 27-country bloc could come next month as a precursor to talks.

Economy

Europeans support EU measures to help companies tackle energy crisis

A combined 87% of respondents said they thought it was ‘very important’ or fairly important’ that the EU take measures to limit the immediate impact of rising energy prices on consumers and companies.

World News

Euroviews. As the EU Single Market turns 30, we have to protect its just future

Corporations and their lobbyists have been using the Single Market rules to obstruct progressive social and environmental policies and regulations that might harm their profits. This needs to stop, Olivier Hoedeman writes.