Russia’s war in Ukraine is igniting an old debate in Brussels over debt

French President Emmanuel Macron welcomes Ukraine’s President Volodymyr Zelenskyy and German Chancellor Olaf Scholz for a meeting at the Elysee Palace in Paris, France, February 8, 2023. Sarah Meyssonnier | Reuters Munich, GERMANY — Should we borrow from global markets as one combined entity and raise new debt together? That’s the question hanging on the … Read more

Trump’s NATO comments stir up a political storm as Russia keeps quiet

Former U.S. president Donald Trump pictured during a meeting with NATO Secretary-General Jens Stoltenberg at Winfield House, London on Dec. 3, 2019. NICHOLAS KAMM | AFP | Getty Images Former U.S. head of state and presidential candidate Donald Trump stoked the ire of U.S. lawmakers and international leaders, after remarking he would not protect NATO … Read more

Apple Isn’t Ready to Release Its Grip on the App Store

“Especially for the big app developers with loads of downloads, who are the ones that really Apple make all their money from, that will rack up to a very high cost very quickly,” says Max von Thun, Europe director at Open Markets, a group dedicated to campaigning against monopolies. “This new cost structure, including the … Read more

Apple offers rivals access to tap-and-go payments in EU antitrust case

Apple CEO Tim Cook attends the “Senior Chinese Leader Event” held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 15, 2023. Carlos Barria | AFP | Getty Images Apple has offered to give rivals … Read more

EU Investigates Elon Musk’s X for Spreading Illegal Content

The relationship between Elon Musk and the European Union deteriorated further on Monday, with the bloc launching a formal investigation into the way X has been run since the billionaire took over last year. Senior officials from the European Commission said they were concerned about a range of new features that have been added to … Read more

A new holiday cruise brings you to 20 Christmas markets in one trip

Rows of twinkling lights and the sweet aroma of mulled wine — ’tis the season that Christmas markets come alive. But if visiting one Christmas market isn’t enough, a new cruise explores 20 markets in a single trip. Luxury river cruising company European Waterways’ new “Christmas Markets Cruise” departs from Strasbourg, France and sails through … Read more

European Union leaders agree to open membership talks with Ukraine

President of Ukraine Volodymyr Zelenskyy Viktor Kovalchuk | Getty Images Ukraine has moved one step closer to European Union membership after leaders in Brussels agreed to open negotiations with the war-torn nation. In a surprise announcement late Thursday, EU summit chair Charles Michel, who is the European Council president, said leaders had decided to start … Read more

Europe to End Robo-Firing in Major Gig Economy Overhaul

Platform workers can no longer be fired automatically by algorithms, according to new European Union rules agreed today in a sweeping reform of the gig economy that will affect Uber drivers and Deliveroo couriers. “Now we have a proper system, which is something that doesn’t exist anywhere else around the world,” said Elisabetta Gualmini, an … Read more

IMF chief makes the case for carbon pricing at COP28 climate talks

Kristalina Georgieva, managing director of the International Monetary Fund, speaks during the Singapore FinTech Festival in Singapore, on Wednesday, Nov. 15, 2023. Bloomberg | Bloomberg | Getty Images Dubai, UNITED ARAB EMIRATES — The head of the International Monetary Fund on Sunday underlined the case for carbon pricing at the COP28 climate summit, saying that … Read more

Europe at an impasse over fiscal reform — and Italy’s bond market could suffer

Italian Prime Minister Giorgia Meloni. Antonio Masiello | Getty Images News | Getty Images Italy could face yet more economic pressure as the European Union faces a standoff over new debt rules. The 27 member states of the EU have been at odds over new debt rules for several months. The idea is to make … Read more