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Latest News

Belgium moves to take control of nuclear fleet in major energy policy shift

Belgium moves to take control of nuclear fleet in major energy policy shift Belgium moves to take control of nuclear fleet in major energy policy shift
  Belgium’s government has announced plans to take full ownership of the country’s nuclear power plants from French energy company...
Read More...

US backs Poland’s bid for permanent G20 seat as strategic ties deepen

US backs Poland’s bid for permanent G20 seat as strategic ties deepen US backs Poland’s bid for permanent G20 seat as strategic ties deepen
  The United States has thrown its weight behind Poland’s campaign to secure permanent membership in the G20, underscoring what both...
Read More...

When history meets the algorithm: Dutch teachers battle Holocaust misinformation in the classroom

When history meets the algorithm: Dutch teachers battle Holocaust misinformation in the classroom When history meets the algorithm: Dutch teachers battle Holocaust misinformation in the classroom
  Teachers across the Netherlands are increasingly facing a troubling trend: students bringing Holocaust misinformation into the classroom,...
Read More...

Sweden changes citizenship rules overnight, leaving thousands in limbo

Sweden changes citizenship rules overnight, leaving thousands in limbo Sweden changes citizenship rules overnight, leaving thousands in limbo
Sweden has introduced stricter rules for gaining citizenship — and it’s done so in a way that’s raising eyebrows across Europe. In a...
Read More...

Venice Biennale jury steps down amid rising tensions over Russia and Israel

Venice Biennale jury steps down amid rising tensions over Russia and Israel Venice Biennale jury steps down amid rising tensions over Russia and Israel
  Just days before the Venice Biennale is set to open, the event has been shaken by an unexpected development: its entire jury has resigned....
Read More...

Eurozone inflation accelerates to 3.0% in April, driven by energy surge

Eurozone inflation accelerates to 3.0% in April, driven by energy surge Eurozone inflation accelerates to 3.0% in April, driven by energy surge
  Inflation across the euro area is expected to rise to 3.0% in April 2026, marking a notable increase from 2.6% in March, according to...
Read More...

EU business investment slumps to decade low at end of 2025

EU business investment slumps to decade low at end of 2025 EU business investment slumps to decade low at end of 2025
  Business investment across the European Union fell to its lowest level in more than ten years at the close of 2025, underlining a sustained...
Read More...

China urges Belgium to act as bridge in EU trade tensions

China urges Belgium to act as bridge in EU trade tensions China urges Belgium to act as bridge in EU trade tensions
  China has called on Belgium to take on a constructive role within the European Union to help ease ongoing economic and trade tensions,...
Read More...

EU and Armenia strengthen strategic ties at historic first summit in Yerevan

EU and Armenia strengthen strategic ties at historic first summit in Yerevan EU and Armenia strengthen strategic ties at historic first summit in Yerevan
  The European Union and Armenia are set to elevate their partnership during their first-ever summit, taking place on 4–5 May in Yerevan.This...
Read More...

Weekend work remains widespread across EU workforce in 2025

Weekend work remains widespread across EU workforce in 2025 Weekend work remains widespread across EU workforce in 2025
  In 2025, more than one in five employed people across the European Union regularly worked weekends, highlighting the persistence of non-standard...
Read More...

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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