European Union

india modi

India-EU trade worth $136.5 billion in 2025, compared to $132 billion India-US and $128 billion India-China

Link Securities | According to Reuters, India and the European Union (EU) announced yesterday that they have reached a trade agreement that will drastically reduce tariffs on most products, with the aim of boosting bilateral trade. The agreement is expected to double EU exports to India by 2032, eliminating or reducing tariffs on 96.6% of the value of traded goods, which will save European companies €4 billion in tariffs, according…


UE gas

European Union announces end of Russian gas imports from 2027 onwards

Bankinter | The European Union announces the end of Russian gas imports. A provisional agreement has been reached that will allow for the permanent cessation of liquefied natural gas imports by 31 December 2026, and pipeline imports by 30 September 2027. Finally, it reiterates its commitment to ensuring the elimination of all oil imports by the end of 2027. Bankinter analysis team’s view: This is good news because it represents…


produccionindustrial pantalla

Industrial production rises in June in both Eurozone and EU (0.2% and 0.5% respectively)

CdM | Industrial production in the Eurozone rose by 0.2% in June 2025, while in the European Union (EU) the increase was 0.5% compared to the same month last year. According to data from Eurostat, the EU’s statistical office, industrial production fell by 1.3% month-on-month in the eurozone countries, while the decline compared to May was 1% in the EU-27. In May 2025, industrial production had grown by 1.1% in…


ursula von der leyen energia

EU proposes strengthening bloc’s independence with €2-trillion budget for 2028-2034

Norbolsa | The European Commission announced on Thursday a budget proposal of €2 trillion for the period 2028-2034, which seeks to strengthen economic competitiveness, double investment in innovation and increase defence spending fivefold. Von der Leyen defines it as a budget to finance the new era, in line with European ambition, which faces challenges and strengthens the bloc’s independence. Most of the funds come from member state contributions, but the…


Europa aranceles EEUU

Europe fears Spain’s stance on defence spending could be stumbling block in trade talks with US

Norbolsa | Spain’s lack of commitment to increasing defence spending as agreed with NATO opens up another rift in EU-US relations. Trump threatens to double tariffs on Spain for failing to meet its defence commitments. With trade agreements in place, it seems unlikely that tariffs could be imposed on a member state, but there is a risk that they could impact the country’s most sensitive goods, including oil, wine and…


indra edificio 2

Brussels reportedly considering slapping extraordinary tax on arms giants

Intermoney | The German media Spiegel published a report on Monday in which they mentioned that Brussels is considering imposing some kind of measure on arms giants to prevent billions of euros of public money being invested from ending up directly in the pockets of shareholders. These measures could range from taxes on extraordinary profits to partial nationalisations of the companies or stricter contracts with fixed prices. The German company…



ventas minoristas 2

Retail sales fall 0.1% in both Eurozone and European Union in March

CdM | Retail sales fell by 0.1% in March in both the Eurozone and the European Union (EU) as a whole compared to the previous month, according to data published by Eurostat, the EU statistics office. In year-on-year terms, the volume rose by 1.5% in the Eurozone and 1.4% in the EU. In detail, compared to the previous month, the volume of retail trade in the eurozone fell by 0.1%…


UE gas

EU plans to revive US gas purchases, looking for ways to aggregate demand

Link Securities | The European Union (EU) plans to revive its bid to buy more US gas, betting that US President Donald Trump is more open to negotiate after temporarily suspending the tariffs from taking effect, POLITICO reported on Monday. The bloc plans to resume talks on increased purchases of US liquefied natural gas (LNG) and will offer specific proposals to address Trump’s position on transatlantic trade, three European officials…


defensa

UK suggests to EU establishment of institution with fund to finance defence projects

BancaMarch | United Kingdom proposes to the European Union the creation of a supranational institution including a joint fund to finance defence projects. The document is an informal proposal drafted by the British Treasury. Next week, EU finance ministers and their counterparts from the UK and Norway will meet to discuss the financing of defence spending. In the British proposal, the purchased equipment would be recorded on the balance sheet…