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Economy

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Economy

Trade: Coreper endorses the Council’s negotiating position on FDI screening revision

Newsdesk -
Brussels, 11 June 2025 — In a significant step toward reinforcing the European Union’s economic security, the Committee of Permanent Representatives (Coreper) has endorsed the Council's negotiating position on the revision of the EU's...
Economy

Europe Unveils Bold Strategy to Supercharge Startups and Scaleups: A New Era for Tech Innovation

Newsdesk -
In a major push to bolster its global competitiveness in the technology sector, the European Commission has launched a comprehensive Startup and Scaleup Strategy , aimed at transforming Europe into a premier destination for...
Economy

UK-EU Summit A New Chapter in Post-Brexit Relations

Newsdesk -
LONDON — In a landmark moment for post-Brexit diplomacy, UK Prime Minister Keir Starmer is hosting European Council President António Costa and European Commission President Ursula von der Leyen at the first-ever UK-EU summit...
Economy

The EESC demands immediate action to remove single market barriers and cut soaring living costs

Newsdesk -
The European Economic and Social Committee (EESC) demands urgent action from the European Commission and EU Member States to dismantle barriers fragmenting the single market and keeping living costs high, even as inflation rates...
Economy

António Costa Praises Catalonia’s Economic Leadership During Visit to SEAT and Barcelona Supercomputing Center

Newsdesk -
Barcelona, May 6 — Former Portuguese Prime Minister António Costa highlighted Catalonia's key role in Europe’s economic and technological landscape during a press conference held after his visit to SEAT's facilities in Barcelona. “It’s a...
Economy

International operation uncovers large scale scheme laundering hundreds of millions of euros

Newsdesk -
An ongoing investigation in three countries has led to the arrest of a Ukrainian entrepreneur suspected of laundering illicit funds through real estate in France and Monaco. French, Ukrainian and Monegasque authorities are working...
Economy

EIB stepping up partnerships for win-win outcomes and collective security

Newsdesk -
EIB Group President Nadia Calviño will lead an EIB Group delegation to meet   global partners and fellow Multilateral Development Banks in Washington DC Boosting strategic investment to reinforce peace, prosperity and partnerships is at the heart of...
Economy

EU Takes Major Step Towards Boosting Competitiveness with Simplified Investment Rules

Newsdesk -
In a significant move to enhance the European Union's economic standing, the Council's permanent representatives (Coreper) have given their seal of approval to a proposal aimed at simplifying EU rules and unlocking additional investments....
Christianity

Holy Synod of the Church of Greece denies reports that it will establish its own bank

Newsroom -
The Holy Synod of the Church of Greece denies reports about the establishment of its own credit institution (bank). The official statement reads: “In connection with publications regarding the upcoming submission of a request...
Economy

EU supports projects to carry out reforms and improve citizens’ lives

Newsdesk -
Commission has approved a new round of 135 projects under the Technical Support Instrument (‘TSI'), to support Member States to prepare, design and implement a total of 390 reforms in 2025. The selected projects will...
Economy

47 projects get go ahead to increase access to raw materials in the EU

Newsdesk -
The European Commission has selected 47 Strategic Projects to secure domestic supplies of raw materials in line with the Critical Raw Material Act (CRMA). Lithium ingots with a thin layer of black nitride tarnish; By...
Economy

The Economy’s House of Cards – Adam McKay’s The Big Short Exposes Wall Street’s Collapse (The 2008 financial crisis unraveled)

Newsdesk -
There's a gripping tale behind the 2008 financial crisis that you might find both fascinating and alarming. Adam McKay's film, The Big Short, unravels how a tangled web of greed and risky investments led...
Economy

European Parliament Takes Bold Step Towards Fair Pay and Rights for Trainees

Newsdesk -
Brussels – In a landmark move set to reshape the landscape of work experience across Europe, the European Parliament today launched negotiations on key legislation aimed at improving working conditions for trainees. Spearheading these...
Economy

European consumers trust products, but still meet problems with online trading

Newsdesk -
Ahead of tomorrow's World Consumer Rights Day, the Commission has published  the 2025 Consumer Conditions Scoreboard, which shows that 68% of European consumers feel confident about the safety of the products that they buy,...
Economy

Understanding The Dynamics Of The European Economy – A Comprehensive Overview

Newsdesk -
With the European economy facing various challenges and opportunities, it's vital for you to grasp its intricate mechanics. By submerging into the current state of the market, you will unveil key trends, economic drivers,...
Economy

Top 5 Trends Shaping The Future Of The European Economy In The Next Decade

Newsdesk -
Europe is poised for significant transformations that will reshape its economy over the next decade. As you navigate these changes, it's crucial to understand the emerging digital landscape, the impact of climate change initiatives,...
Economy

Navigating Economic Challenges – Lessons From The European Financial Crisis

Newsdesk -
Over the past decade, you may have observed how the European Financial Crisis reshaped economies and exposed vulnerabilities across the continent. As you navigate your own financial landscape, there are valuable lessons to glean...
Economy

Sustainable Growth – How The European Economy Is Adapting To Climate Change

Newsdesk -
You are witnessing a transformative era as the European economy embraces sustainable growth in response to the increasing threats posed by climate change. With unprecedented challenges like extreme weather events and shifting ecosystems, countries...
Economy

The Importance Of SMEs In The European Economy – Driving Growth And Innovation

Newsdesk -
It's imperative for you to understand that Small and Medium Enterprises (SMEs) play a vital role in the European economy, acting as the backbone of its growth and innovation. You might be surprised to...
Economy

The European Economy And Global Trade – Navigating New Challenges

Newsdesk -
It's necessary to understand how the European economy is evolving amidst a backdrop of global challenges. As you explore this complex landscape, you will find that factors like changing trade policies, economic shifts, and...
Economy

How Digitalization Is Transforming The European Economy – Trends And Insights

Newsdesk -
It's evident that digitalization is fundamentally reshaping the European economy, bringing both opportunities and challenges that demand your attention. As you navigate this evolving landscape, understanding the latest trends and gaining insights into how...
America

How New U.S. Trump Tariffs Could Affect European Businesses and American Consumers

Newsdesk -
In a move that could significantly alter transatlantic trade dynamics, former President Donald Trump has announced intentions to impose tariffs on European imports, citing concerns over trade imbalances and the European Union's (EU) trade...
Economy

Russia may supply gas to Transnistria via Bulgaria

Newsroom -
Russia may resume gas supplies to Transnistria via the TurkStream gas pipeline. According to data from the RBP trading platform, on January 20, the Cypriot company Ozbor Enterprises reserved the pipeline's capacity of 3.1...
Christianity

Archbishop George of Cyprus on the management of church property: I think there should be more order

Newsroom -
Two years after his election as head of the Cyprus Archdiocese, Archbishop George spoke in an interview with the newspaper "Phileleuteros" about the problems he has encountered in the management of church property. He intends...
Economy

Ukraine: EIB provides €55 million to reconstruct social infrastructure

Newsdesk -
The funding will enable Ukrainian communities to continue implementing 151 sub-projects in 2025 and beyond, focusing on schools, kindergartens, hospitals, social housing, heating and water systems and other social infrastructure. Backed by an EU guarantee,...
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