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europe

Apple suffers setback in fight against EU’s $14 billion tax order

An EU tribunal made legal errors when it ruled in favour of Apple over a 13 billion euro tax order and should review the...

Portugal in political crisis after PM António Costa resigns

Portugal’s government plunged into chaos following Prime Minister António Costa’s unexpected resignation Tuesday, hours after police raided his official residence and confirmed his implication in...

Scholz agrees to ease burden on regions from migrant influx

German Chancellor Olaf Scholz’s ruling coalition agreed to help ease the burden on regional and local administrations struggling to cope with rising numbers of...

Europe urged not to repeat tech underdog role ahead of space talks

Europe is being warned not to “miss the train" on the emerging space economy as more than 20 countries gather in Spain, expected to...

EU risks €2 billion yearly hit to drug R&D spending with new law

The European Union stands to lose €2 billion of investment a year in medicines research and development if a law overhauling the bloc’s pharmaceutical...

France sues Commission over primacy of English in EU hiring

The use of Euro-English and Globish, a simplified version of English used by non-native speakers, may have become widespread in the EU, but France has...

European gas prices jump after Egypt says imports stopped

European natural gas prices jumped after a halt in Egyptian imports raised the risk of LNG flows from the country while the Israel-Hamas conflict...

UniCredit, Alpha Bank to merge Romanian units

UniCredit Romania, part of Italy's UniCredit, announced on Monday that it will merge with Alpha Bank Romania, a subsidiary of Greece's Alpha Bank, according...

EU seeks answers to rising security challenges as Israel-Hamas war fuels new concerns

European Union interior ministers on Thursday debated how to manage the impact of the war between Israel and Hamas on the bloc amid heightened...

ECB starts preparation for digital euro in multi-year project

The European Central Bank took a further step on Wednesday towards launching a digital version of the euro that would let people in the...