Europe’s economic outlook has deteriorated significantly, driven by war-related energy disruptions that are expected to force tighter financial conditions, according to the latest International Monetary Fund report. ADVERTISEMENT ADVERTISEMENT The IMF says the European economy remains resilient but increasingly exposed to external shocks amid an energy crisis linked to the…

The newly formed Cyprus Livestock Association, representing around 200 members, said it is ready to take “strong action” even if financial aid is approved, unless authorities reconsider their strategy. ADVERTISEMENT ADVERTISEMENT Speaking to state broadcaster RIK, spokesperson Stella Petrou argued that European rules allow for alternative approaches to managing the…

Romania’s pro-European coalition government collapsed on Tuesday after lawmakers voted in favour of a no-confidence motion against Prime Minister Ilie Bolojan, triggering a fresh period of turmoil in the less than a year after the coalition was sworn in. ADVERTISEMENT ADVERTISEMENT The joint effort was launched last week when the…

Published on 05/05/2026 – 13:52 GMT+2 Sweden’s government said on Tuesday it would push forward with a plan to form a new spy agency targeting overseas threats, part of a wider rethink prompted by Russia’s war in Ukraine. ADVERTISEMENT ADVERTISEMENT The new agency would be called Sweden’s foreign intelligence service…

Published on 05/05/2026 – 12:51 GMT+2•Updated 13:18 NATO is still assessing the broader implications of the US decision to cut at least 5000 US troops from NATO territory, senior military spokesperson Col. Martin O’Donnell told the Europe Today show. ADVERTISEMENT ADVERTISEMENT The 32-member alliance currently hosts around 80,000 US forces…

The EU’s 27 finance ministers have so far reacted cautiously to US President Donald Trump’s threat to impose 25% tariffs on EU cars. ADVERTISEMENT ADVERTISEMENT Meeting for an Economic and Financial Affairs Council in Brussels on Monday and Tuesday, the ministers said they would adhere to the framework agreed with…

The international order cannot be rebuilt by Europe alone, Brazil’s EU Ambassador Pedro Miguel da Costa e Silva has told Europe Today, after Canada’s Prime Minister Mark Carney suggested Europe should lead efforts to restore the multilateral system. ADVERTISEMENT ADVERTISEMENT Instead, he argued all countries will have to participate in…

The DMA wants to make Europe’s digital markets fairer and more accessible by limiting the power of major online platforms, the so-called ‘gatekeepers”. ADVERTISEMENT ADVERTISEMENT On 28 April, the Commission concluded its first review of the DMA since its formal entry into force in 2022. Assessing the act’s implementation and…

Published on 03/05/2026 – 9:09 GMT+2•Updated 04/05/2026 – 13:52 GMT+2 US President Donald Trump said late on Saturday that Washington will significantly reduce its troop presence in Germany, escalating a dispute with German Chancellor Friedrich Merz. ADVERTISEMENT ADVERTISEMENT The Pentagon announced on Friday that it would cut 5,000 troops from…

Published on 04/05/2026 – 14:17 GMT+2•Updated 17:53 European Commissioner for Trade Maroš Šefčovič is scheduled to meet his US counterpart Jamieson Greer on Tuesday amid rising tensions between the bloc and the US following President Donald Trump’s announcement of a potential 25% tariff on EU automobiles. ADVERTISEMENT ADVERTISEMENT The discussions,…