By Beatrice Romano
Milan-based editor covering the eurozone, banking and the industrial heartlands of the continent.
German Air Rescue Faces Cost Pressures as Every Second Counts
Air rescue in Germany can reach patients within minutes, but a planned cap on health insurance costs could endanger this rapid help. Crews a
EBRD Lends $50 Million to Uzbekistan Bank to Boost Youth Entrepreneurship
The EBRD is lending $50 million to Uzbekistan's SQB bank to expand credit for entrepreneurs under 35. Small businesses account for over half
Cyprus Gas Fields Glaucus and Pegasus Could Begin Production by 2033
ExxonMobil and QatarEnergy signed a declaration of marketability for the Glaucus and Pegasus gas fields off Cyprus. Production could start b
Baku Hosts 2026 Islamic Development Bank Meetings on Regional Economic Integration
Ministers and policymakers gathered in Baku for the 2026 Islamic Development Bank Annual Meetings. Discussions centered on connectivity, tra
IKEA's Dorothée Gardon on AI, Viral Moments, and Brand Control in the Social Media Age
IKEA's Dorothée Gardon spoke at Cannes Lions about balancing AI, affordability, and brand identity. She highlighted how a viral video of a m
EU Allocates Steel Import Quotas to Allies Amid Global Overcapacity Crisis
The EU has allocated steel import quotas to trading partners, effective July 1, to curb a surge from global overcapacity. Half of the 18.3 m
Japanese Yen Plunges to 40-Year Low Against Dollar, Tokyo Faces Intervention Pressure
The yen fell to 162.4 per dollar, its weakest in 40 years, despite record intervention and a rate hike. The wide US-Japan interest rate gap
EU Closes Tax Loophole for Shein, Temu, and AliExpress with New €3 Duty
The European Union has introduced a flat €3 customs duty on low-value e-commerce imports to close a loophole exploited by Shein, Temu, and A
Air Tourism Drives Up Spanish Rents by €236, Study Finds
A Transport & Environment study finds that a 12.8% increase in air tourists in Spain has driven rents up by €236 per month and house prices
Air Tourism Adds €3,800 to Spanish Home Prices, Study Finds
A new study by Transport & Environment links booming air tourism in seven European countries to higher rents and house prices. In Spain, the
EIB’s €3 Billion Airbus Loan Signals Europe’s Strategic Autonomy Push, Calviño Says
The European Investment Bank has granted Airbus a record €3 billion loan to boost aerospace and defence projects. EIB President Nadia Calviñ
Lagarde's Sintra Speech Unveils a New ECB Playbook for a Volatile Era
The ECB is moving away from unconventional tools like bond buying and forward guidance. Lagarde says the bank will now rely on interest rate