When will European Central Bank cut rates? Markets could soon get clues

European Central Bank (ECB) President Christine Lagarde speaks as she presents the bank’s 2022 Annual Report to the European Parliament, in Strasbourg, eastern France, on February 26, 2024.  Frederick Florin | AFP | Getty Images FRANKFURT — The European Central Bank will meet again this week amid falling inflation, a slight recovery in economic activity … Read more

Apple Fined Nearly $2 Billion by European Union

LONDON — The European Union leveled its first antitrust penalty against Apple on Tuesday, fining the U.S. tech giant nearly $2 billion for breaking the bloc’s competition laws by unfairly favoring its own music streaming service over rivals. Apple banned app developers from “fully informing iOS users about alternative and cheaper music subscription services outside … Read more

Moscow warns of NATO-Russia conflict after European ground troops idea

Russian President Vladimir Putin speaks after signing bilateral documents with his Kazakh counterpart Kassym-Jomart Tokayev in Astana, Kazakhstan, on Nov. 9, 2023. Turar Kazangapov | Reuters France’s suggestion that Ukraine’s allies could potentially send ground troops into Ukraine has caused indignation and outrage in Russia, with officials warning it could provoke a direct conflict between … Read more

European Central Bank posts first annual loss in decades

Rain falls over the finance district and the European Central Bank (ECB) in Frankfurt, Germany. Thomas Lohnes | Getty Images News | Getty Images The European Central Bank on Thursday reported its first annual loss since 2004, following hefty payouts due to higher interest rates. It reported losses of 1.3 billion euros ($1.4 billion), which would … Read more

Ukraine’s Future Hangs by a (European) Thread

Two years after Russia launched its full-scale invasion of Ukraine, and Western leaders proclaimed their full support for Kyiv, Congressional Republicans seem ready to throw Ukraine under the bus. The Republican Speaker of the House, Mike Johnson, said on CNN in January: “We all oppose Vladimir Putin and the barbarism and the aggression that he’s … Read more

Women In AI: Eva Maydell, member of European Parliament and EU AI Act advisor

To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. We’ll publish several pieces throughout the year as the AI boom continues, highlighting key work that often goes unrecognized. Read more … Read more

European digital rights group say the future of online privacy is on a knife edge

A coalition of more than two dozen digital and democratic rights groups, NGOs and not-for-profits, including noyb and Wikimedia Europe, have written to the European Union’s regulatory body for data protection urging it to reject a tactic that’s been controversially seized upon by Meta in its latest bid to circumvent the bloc’s privacy laws. If … Read more

Cyprus president wants the European Union to discuss designating Syria safe zones for refugees

NICOSIA, Cyprus — The European Union won’t serve its own best interests if it doesn’t consider designating some parts of Syria as safe zones so refugees and migrants can return there, the president of Cyprus said Monday. President Nikos Christodoulides said Cyprus is working with like-minded EU member nations to start a discussion about that … Read more

Trump’s NATO-bashing comments rile allies, rekindle European fears

Former president Donald Trump’s claim that he would encourage Russia to attack U.S. allies if they failed to spend enough on their defense pact set off fresh tremors Sunday across Washington and in European countries already worried about America’s reliability as an ally in a potential second Trump administration. “One of the presidents of a … Read more

European monitors says Azerbaijan’s election took place in a restrictive environment

BAKU, Azerbaijan — The Organization for Security and Cooperation in Europe said Thursday that Azerbaijan’s presidential election took place in a restrictive environment with no real political competition. With just over 93% of the ballots counted, incumbent President Ilham Aliyev secured more than 92% of the votes, the head of the Central Election Commission, Mazahir … Read more