News from Europe

Italian police seize world record 14-ton haul of amphetamines made by ISIS

Members of the Naples branch of the Italian Guardia di Finanza (GdF) law enforcement agency inspect a world record seizure of a 14-ton haul of...

France suspends role in NATO naval mission in Mediterranean

France has informed NATO that it is suspending its involvement in a naval operation in the Mediterranean after the results of a probe into an...

Reports UK to ditch travel quarantine for 75 countries including Malta

The British government will effectively ditch its air bridge plans and simply end the quarantine rules for those arriving from 75 countries so that people...

Austria issues travel warning for six Balkan states

Austria has issued travel warnings for the whole of the Western Balkans, as the European Union added two of the six states in the region...

Photo Story: Oresund Bridge celebrates its 20th birthday

People enjoy the sunset and the view of the Oresund Bridge from a viewpoint outside Malmo, Sweden. The bridge, which connects Sweden and Denmark, celebrates...

Russians grant Putin right to extend his rule until 2036

Russians opened the door to Vladimir Putin staying in power until 2036 by voting overwhelmingly for constitutional changes that will allow him to run again...

German economy gradually recovering after pandemic slump

Germany's economy will gradually recover after an historic slump due to the coronavirus pandemic and will likely return to last year's level at the end...

Italy’s factory activity contracts in June as lockdown ends

Italian manufacturing activity shrank in June for the 21st month running but less steeply than the month before, a survey showed on Wednesday, as the...

EasyJet to cut aircraft and employees in Berlin

British low cost carrier easyJet plans to cut jobs and the number of aircraft it has in Berlin and is proposing scrapping domestic German flights...

Italy’s Eni makes gas discovery in Mediterranean Sea off Egypt

  A new gas discovery was declared in the Mediterranean sea offshore Egypt. In a statement, Italy’s Eni said that it has successfully drilled the...

Photo Story: A tribute to medical workers in Belgium

A view of a fresco paint, by street artist Amandine Lesay, paying tribute to all the medical workers, next to the Etterbeek-Ixelles site of the...

UK employers demand action now to survive COVID crisis

A British employers group demanded immediate action from finance minister Rishi Sunak after a record deterioration in business in the April-June period. The British Chambers...

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Eurostat

  • Industrial producer prices down by 0.6% in euro area

    In May 2020, a third month still marked by COVID-19 containment measures in most Member States, industrial producer prices fell, compared with April 2020, by 0.6% in the euro area and by 0.5% in the EU, according to estimates from Eurostat, the statistical office of the European Union. In April 2020, prices decreased by 2.0% in the euro area and by 1.9% in the EU.

  • Euro area unemployment at 7.4%

    In May 2020, a third month marked by COVID-19 containment measures in most Member States, the euro area seasonally-adjusted unemployment rate was 7.4%, up from 7.3% in April 2020. The EU unemployment rate was 6.7% in May 2020, up from 6.6% in April 2020. These figures are published by Eurostat, the statistical office of the European Union.

  • Euro area annual inflation up to 0.3%

    In June 2020, a month in which many COVID-19 containment measures have been gradually lifted, Euro area annual inflation is expected to be 0.3%, up from 0.1% in May according to a flash estimate from Eurostat, the statistical office of the European Union.

  • Debt mainly held by resident financial sector in more than half of the EU Member States

    Significant differences can be observed across the European Union (EU) regarding the sector in which government debt is held. Among Member States for which data are available, the share of government debt held by the (resident) financial corporations sector at the end of 2019 was highest in Denmark (74%), followed by Sweden (73%), Croatia (67%) and Italy (63%). In contrast, the largest proportion of debt held by non-residents was recorded in Cyprus (80%), ahead of Lithuania (76%), Latvia (74%) and Estonia (70%).

  • How has the EU progressed towards the Sustainable Development Goals?

    The von der Leyen Commission has made sustainability an overriding political priority for its mandate. All Sustainable Development Goals (SDGs) feature in one or more of the six headline ambitions for Europe, announced in the Political Guidelines, making all Commission work streams, policies and strategies conducive to achieving the SDGs. In December 2019, the Commission presented ‘The European Green Deal’, the new EU growth strategy, aiming to transform the Union into a modern, resource-efficient and competitive economy where climate and environmental challenges are addressed and turned into opportunities, while making the transition just and inclusive for all.

  • Price levels varied by almost one to three across the EU Member States

    In 2019, the year before COVID-19 containment measures began to be widely introduced by Member States, price levels for consumer goods and services differed widely in the European Union of 27 Member States (EU). Denmark (141% of the EU average) had the highest price level, followed by Ireland (134%), Luxembourg (131%), Finland (127%) and Sweden (121%).