By Beatrice Romano
Milan-based editor covering the eurozone, banking and the industrial heartlands of the continent.
Bank of England holds rates at 3.75% as Middle East tensions cloud inflation outlook
The Bank of England held its key interest rate at 3.75% for the fifth consecutive meeting, even as UK inflation eased to 2.6% in June. The d
EU to probe Balkan construction imports for Chinese tariff evasion
The European Commission is set to investigate imports of open mesh fabrics from several Balkan countries. Suspicions centre on Chinese glass
Eurozone Growth Surprises Upward in Q2 2026, but Divergence Widens
Eurozone GDP expanded 0.4% in Q2 2026, surpassing forecasts. Ireland surged 3.9%, while Germany and France managed only 0.2% growth. Spain r
Low Rhine and Danube levels disrupt European industry and energy
Record-low water levels on the Rhine and Danube are crippling cargo shipping and forcing industrial giants like BASF, Thyssenkrupp, and nucl
Spain's inflation climbs to 3.5% in July as fuel and electricity costs surge
Spain's annual inflation hit 3.5% in July, the highest since May 2024, driven by rising fuel and electricity costs. Core inflation also rose
Portugal's INEM helicopter network achieves three-minute emergency response
Portugal's emergency medical helicopter service, run by Gulf Med for INEM, has achieved an average three-minute response time. The fleet of
Fed holds rates steady as three officials dissent for hike amid inflation and Iran war
The US Federal Reserve held its key interest rate steady at 3.50-3.75% for the fifth consecutive meeting. Three of the 12 voting policymaker
Air France-KLM and Lufthansa submit binding bids for 44.5% stake in TAP Air Portugal
Air France-KLM and Lufthansa submitted binding bids for a 44.5% stake in TAP Air Portugal on Tuesday. The Portuguese government now has 30 d
WHO warns wildfire smoke is a health emergency beyond the flames
Wildfire smoke from southern Europe is a health emergency that extends far beyond the flames, the WHO warns. The toxic mix of pollutants can
Gironde wildfires disrupt 40,000 businesses and threaten tourism in southwest France
Around 40,000 businesses in Gironde are directly or indirectly affected by the wildfires, representing roughly 200,000 jobs. The tourism sec
Bernard Arnault joins X to counter Le Monde investigation, signals new public strategy
Bernard Arnault made his debut on X with a terse 'Thank you' after Le Monde published a six-part investigation into his empire. The move bre
Iraq offers Turkey 1 million barrels of oil daily as Hormuz crisis reshapes energy routes
Iraqi Prime Minister Ali Zeydi offered Turkey up to 1 million barrels of oil per day during his first visit to Ankara. The deal aims to redu