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Germany secures €1.3 billion EU-approved plan to restore peatlands and cut emissions

Germany secures €1.3 billion EU-approved plan to restore peatlands and cut emissions Germany secures €1.3 billion EU-approved plan to restore peatlands and cut emissions
  Germany has received the green light from the European Commission for a €1.3 billion funding scheme aimed at restoring drained peatlands—an...
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EU antitrust watchdogs raid chocolate sector in surprise inspections

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  European Union competition regulators have launched a new probe into the chocolate confectionery industry, carrying out surprise inspections...
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Netherlands rejects U.S. Hormuz blockade plan, urges de-escalation and safeguards transatlantic ties

Netherlands rejects U.S. Hormuz blockade plan, urges de-escalation and safeguards transatlantic ties Netherlands rejects U.S. Hormuz blockade plan, urges de-escalation and safeguards transatlantic ties
  The Dutch government has ruled out participating in a proposed U.S. effort to block maritime traffic in the Strait of Hormuz, signaling...
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EU pharma trade surges to record €220 billion surplus in 2025

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  The European Union’s trade in medicinal and pharmaceutical products reached unprecedented levels in 2025, delivering a record surplus...
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Hungary’s new leader signals caution on Ukraine’s EU ambitions after election landslide

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EU appoints veteran policymaker to strengthen Arctic strategy amid rising global stakes

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  The European Commission has appointed Jyrki Katainen as Special Adviser on EU-Arctic relations, signaling a renewed push to reinforce...
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Orbán era ends as Hungarian opposition sweeps toward historic victory

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  After more than a decade and a half in power, Viktor Orbán has conceded defeat in Hungary’s pivotal national election, marking a dramatic...
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Germans feel civility slipping, even as most claim they’re still polite

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  A majority of people in Germany believe everyday interactions have grown less friendly in recent years—even as they continue to view...
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Anti-asylum parties gain influence in dozens of dutch local councils

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  Anti-asylum seeker parties are playing a decisive role in forming governing coalitions in at least 43 of the Netherlands’ 342 municipalities,...
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Hungary votes in pivotal election that could end Orbán era

Hungary votes in pivotal election that could end Orbán era Hungary votes in pivotal election that could end Orbán era
Hungarians headed to the polls on Sunday in a closely watched parliamentary election that could reshape the country’s political future and...
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Latest News

Germany secures €1.3 billion EU-approved plan to restore peatlands and cut emissions

Germany secures €1.3 billion EU-approved plan to restore peatlands and cut emissions Germany secures €1.3 billion EU-approved plan to restore peatlands and cut emissions
  Germany has received the green light from the European Commission for a €1.3 billion funding scheme aimed at restoring drained peatlands—an...
Read More...

EU antitrust watchdogs raid chocolate sector in surprise inspections

EU antitrust watchdogs raid chocolate sector in surprise inspections EU antitrust watchdogs raid chocolate sector in surprise inspections
  European Union competition regulators have launched a new probe into the chocolate confectionery industry, carrying out surprise inspections...
Read More...

Netherlands rejects U.S. Hormuz blockade plan, urges de-escalation and safeguards transatlantic ties

Netherlands rejects U.S. Hormuz blockade plan, urges de-escalation and safeguards transatlantic ties Netherlands rejects U.S. Hormuz blockade plan, urges de-escalation and safeguards transatlantic ties
  The Dutch government has ruled out participating in a proposed U.S. effort to block maritime traffic in the Strait of Hormuz, signaling...
Read More...

EU pharma trade surges to record €220 billion surplus in 2025

EU pharma trade surges to record €220 billion surplus in 2025 EU pharma trade surges to record €220 billion surplus in 2025
  The European Union’s trade in medicinal and pharmaceutical products reached unprecedented levels in 2025, delivering a record surplus...
Read More...

Hungary’s new leader signals caution on Ukraine’s EU ambitions after election landslide

Hungary’s new leader signals caution on Ukraine’s EU ambitions after election landslide Hungary’s new leader signals caution on Ukraine’s EU ambitions after election landslide
  Hungary’s newly empowered opposition leader, Peter Magyar, struck a measured tone on foreign policy Monday after securing a decisive...
Read More...

EU appoints veteran policymaker to strengthen Arctic strategy amid rising global stakes

EU appoints veteran policymaker to strengthen Arctic strategy amid rising global stakes EU appoints veteran policymaker to strengthen Arctic strategy amid rising global stakes
  The European Commission has appointed Jyrki Katainen as Special Adviser on EU-Arctic relations, signaling a renewed push to reinforce...
Read More...

Orbán era ends as Hungarian opposition sweeps toward historic victory

Orbán era ends as Hungarian opposition sweeps toward historic victory Orbán era ends as Hungarian opposition sweeps toward historic victory
  After more than a decade and a half in power, Viktor Orbán has conceded defeat in Hungary’s pivotal national election, marking a dramatic...
Read More...

Germans feel civility slipping, even as most claim they’re still polite

Germans feel civility slipping, even as most claim they’re still polite Germans feel civility slipping, even as most claim they’re still polite
  A majority of people in Germany believe everyday interactions have grown less friendly in recent years—even as they continue to view...
Read More...

Anti-asylum parties gain influence in dozens of dutch local councils

Anti-asylum parties gain influence in dozens of dutch local councils Anti-asylum parties gain influence in dozens of dutch local councils
  Anti-asylum seeker parties are playing a decisive role in forming governing coalitions in at least 43 of the Netherlands’ 342 municipalities,...
Read More...

Hungary votes in pivotal election that could end Orbán era

Hungary votes in pivotal election that could end Orbán era Hungary votes in pivotal election that could end Orbán era
Hungarians headed to the polls on Sunday in a closely watched parliamentary election that could reshape the country’s political future and...
Read More...

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Most Popular Stories

Greece's Parliament was sworn in Wednesday (July 17) after July 7 elections that saw a broad conservative victory end over four years of leftist rule.

The six-party Parliament will officially begin its functions after electing a Speaker on Thursday.

New Prime Minister Kyriakos Mitsotakis' conservative government has made boosting sluggish growth a priority, powered by tax cuts and accompanied by privatisation deals.

The 51-year-old Harvard graduate and former McKinsey consultant has also pledged to create jobs and get rid of obstacles to business.

Mr Mitsotakis will outline his government's policies at the weekend before a vote of confidence late on Sunday.

His New Democracy party has 158 lawmakers in the 300-seat chamber.

The Greek debt agency said it had raised €2.5 billion (S$3.82 billion) in the sale, while the prime minister said the yield of 1.9 per cent was a "record low".

A previous seven-year sale in February 2018 had a yield of 3.5 per cent amid world market volatility.

Starting in 2020, Mr Mitsotakis has promised to cut a hated property tax called ENFIA - brought in by a previous New Democracy-led government during the economic crisis - by 30 per cent over two years.

REFORMS PACKAGE

He has also offered to reduce income tax thresholds and to gradually cut tax on business profits by 8 per cent.

But just hours after his July 7 victory, euro zone finance ministers warned the new government to stick to the country's strict public spending commitments.

"We must keep our commitments, this is the only way I know to gain credibility," said Eurogroup chief Mario Centeno.

On Tuesday, the euro zone's bailout fund director and a key EU official overseeing Greece's debt repayments, Mr Klaus Regling, suggested that tax cuts be coupled "with a broader tax base".

In a meeting with Regling later on Tuesday, Mr Mitsotakis "confirmed that Greece would respect fiscal targets", the prime minister's office said.

During the election campaign, Mr Mitsotakis said he would persuade Greece's creditors to accept the easing of targets with "a comprehensive reforms package".

The current framework negotiated with creditors by the previous leftist Syriza government holds Greece to a primary budget surplus of 3.5 per cent to 2022 - but the conservatives say that target stifles growth.

There are two fewer parties in Parliament than in the previous chamber, but two of them are new - Greek Solution, a nationalist party formed by TV salesman Kyriakos Velopoulos, and MeRA25, an anti-austerity party founded by maverick economist and Mr Tsipras's former finance minister Yanis Varoufakis.

"We are here to say a massive 'no' to whatever strengthens (Greece's debt burden)," Mr Varoufakis, whose party elected nine lawmakers, said before being sworn in on Wednesday.

In contrast, neo-Nazi party Golden Dawn was shut out of Parliament for the first time since 2012.

Golden Dawn, until recently Greece's third-ranking party, is in disarray amid an ongoing trial for the 2013 murder of an anti-fascist rapper, allegedly carried out with the knowledge of senior Golden Dawn members.afp

 

deneme