European Union

European economy, In Europe 30th July 2026

Experts surveyed by EY call for Europe to boost competitiveness against China and endorse Spain’s resilience in 2026

The latest ‘Quarterly Economic Pulse’ report from EY Insights advocates strengthening the single market and innovation in the face of escalating tariffs, forecasting GDP growth of up to 2.5 per cent for Spain. Reported by the Consejeros Editorial Team The European Union must focus its efforts on internal competitiveness, the integration of the single market and the reduction of regulatory burdens to successfully meet the economic challenge posed by China….

In Europe 9th June 2026

Apparent cost of debt rose slightly in most EU countries between 2024 and 2025

Reported by Consejeros Editorial Team In most European Union (EU) countries for which data was available, the apparent cost of public debt rose slightly or remained stable between 2024 and 2025, according to data published by Eurostat. The highest apparent cost of gross government debt among the countries for which data was available was recorded in Romania (5.2%), followed by Poland (4.5%), the Czech Republic (3.1%) and Italy (3%). The…

In Europe 27th April 2026

Passenger car registrations in EU rise 12.5% year-on-year in March and 1.4% compared with February

Link Securities | The European Automobile Manufacturers’ Association (ACEA) reported that passenger car registrations in the European Union (EU) rose by 12.5% year-on-year in March and by 1.4% compared to February, reaching 1.2 million units, the highest monthly figure in over six years. In March, new and revised tax incentives and schemes in the major European countries were the main factor driving registrations in the region. During the month, sales…

In the World 29th January 2026

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…

In Europe 4th December 2025

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…

European economy, In Europe 18th August 2025

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…

European politics, In Europe 20th July 2025

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…

World economy 1st July 2025

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…

In Europe 3rd June 2025

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…

European economy 27th May 2025

EUR/USD continues to signal investor concern over US debt but no reallocation expected

Alphavalue/DIVACONS | EUR/USD continues to signal investor concern over US debt, but no widespread reallocation of European assets is expected. Considering Donald Trump’s tariff threat against the EU, it would not make sense. The EU would be hit hard if tariffs of 50% were imposed.

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