Browsing: Business

EIB Group approved €7.9 billion for innovation, water, clean energy, transport, housing and global partnerships across EU partner countries.

ECB raises key interest rates by 25 basis points, lifting the eurozone deposit rate to 2.25% as inflation pressure returns across the euro area.

EU launches T-MED to mobilise up to €25 billion for Mediterranean renewable energy, clean tech, hydrogen and grid projects by 2035.

EU approval of stricter steel import rules cuts tariff-free quotas, raises duties and resets market safeguards before June 30 expiry.

EU and US agreed a critical minerals action plan that aligns trade measures, market tools, stockpiling and formal supply chain coordination.

EU ETS emissions declined 1.3% in 2025, with industry emissions down and solar power growth helping keep the bloc on its long-term path.

Euronext wheat settled at 195.25 euros a tonne after hitting its weakest intraday level since February, with ample supplies steering the market lower.

Eight OPEC+ countries agreed a 206,000 bpd output increase for May, marking a second straight monthly rise under the group’s voluntary cut unwind.

Official data showed Italy narrowed its 2025 deficit to 3.1% of GDP, but the country remained above the EU threshold and debt rose to 137.1%.

Austria inflation accelerated to 3.1% in March, with energy prices turning positive and services still driving consumer price growth, flash data showed.