German Automakers Fined Over Emissions Technology Collusion
The European Union has decided to fine several German automakers over illegally conspiring to restrain the advancement of clean-emissions technology.
Read more
European Union
EU Proposes Ban on all New Cars Powered by Combustion Engines Come 2035
Gasoline and diesel-powered vehicles may soon become obsolete across the European Union, as regulators push for more stringent emissions-reducing rules.
Read more
Eurozone Inflation Soars to 2% for First Time Since 2018
In yet another sign that mounting inflation is becoming pronounced around the globe, for the first time since 2018, price
Read more
European Union to Produce Own Semiconductors by 2030 Amid Increasing Global Chip Shortage
The recent global semiconductor shortage that has plagued a number of major industries has caught the attention of the European
Read more
Europe Headed for Double-Dip Recession Following Further Covid-19 Restrictions
Following what were potential signs of a recovery, Europe’s economy contracted again in the final quarter of 2020, as numerous
Read more
US Increases Tariffs on German and French Wines Over ‘Unfair’ Airbus Subsidies
The 16-year long battle between the US and the EU over aerospace subsidies to Boeing and Airbus has turned even
Read more
European Central Bank Extends Crisis Stimulus Program, Adds €500 Billion as EU Economic Recovery Turns Bleak
As many countries across Europe continue to struggle economically amid rising coronavirus cases and resulting shutdowns, the European Central Bank
Read more
Top Italian Aide Urges ECB to Wipe Out Pandemic Debt in Effort to Help Countries Recover
As the coronavirus crisis continues to decimate the European economy, an increasing number of countries are finding themselves in significant
Read more
Eurozone Economy Plunges Into Further Decline Amid New Coronavirus Lockdowns
It appears that the eurozone is headed for yet another economic contraction amid soaring coronavirus infections and renewed lockdowns to
Read more
European Union to Finally Impose $4 Billion Worth of Tariffs on US Goods Over Boeing Aid Dispute
On Monday, the European Union announced it will impose up to $4 billion in tariffs targeting American goods and services
Read more