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The Latest Breaking News from European Union

Tesla sales in Europe slump 40% as BYD new car registrations more than triple

Electric car business run by Elon Musk continues to lose ground to Chinese rival despite recent revamp of Model Y

The Guardian - UK

Poland to build Europe’s first of its kind small-scale nuclear power plant in Włocławek

Poland’s first small modular nuclear power plant, or SMR, will be built in Włocławek, energy company Orlen announced on Thursday, the first project of its kind in Europe.

Euronews

EU summons Russian envoy after strike damaged the bloc's delegation in Kyiv

"No diplomatic mission should ever be a target," High Representative Kaja Kallas said in reaction to Russia's latest barrage of drones and missiles.

Euronews

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Eurozone economic mood slips: French political crisis adds to worries

Eurozone economic confidence slipped in August, with sentiment weakening in Germany, Italy and Spain. France’s political crisis, ahead of a no-confidence vote, adds fresh uncertainty as markets brace for possible fallout.

Euronews

Donald Trump threatens EU’s ‘sovereign right’ in his harebrained plot to save America – it did NOT go as planned

Not everyone is going to knuckle under his threats.

We Got This Covered

Digital euro talks gain speed — but key hurdles remain

EU finance ministers are racing to agree on the legal framework for a digital euro by the end of 2025, but thorny issues remain, from privacy and data protections to limits on holdings and the role of non-euro countries.

Euronews

Tesla sales down by 40% in Europe while Chinese BYD triples its sales

New EU car registrations jumped by 7.4% in July year-on-year. EV sales are increasing, but Tesla is losing momentum in the bloc as Chinese competitor BYD grows in popularity, tripling its sales in the first seven months.

Euronews

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EU rejects claims of censorship targeting US tech giants – but Trump threatens sanctions

The Digital Services Act seeks to create a safer online environment, said the EU. Yet, according to US officials, it limits free speech and unfairly targets American tech firms.

TechRadar

‘Non-staffers go home’: European Parliament tightens rules on access to its premises

The days of wandering freely through the European Parliament’s maze-like corridors are over: starting next week, journalists, diplomats and lobbyists will need an invitation to set foot in many parts of the institution.

Euronews

West End businesses hit by record losses from 'tourist tax' fallout

Restoring VAT free shopping for foreign tourists could deliver a £3.7 billion boost to the UK economy

Evening Standard

France faces fresh turmoil as Bayrou gambles on a confidence vote he seems doomed to lose

The prime minister’s austerity plans have ignited fury across the board, leaving Macron’s government vulnerable at home just as Europe leans on France abroad

The Guardian - UK

Finances of people with disabilities are worse in the Balkans and Baltics

Almost one in four people with a disability in the EU struggles to make ends meet. At-risk-of-poverty rate is higher in the Baltic states and Croatia.

Euronews

Geopolitics is forcing the data sovereignty issue and it might just be a good thing

The threat of conflict highlights how digital systems are not immune to geopolitical pressure

TechRadar

UK and EU summon top Russian diplomats after strikes hit British Council and EU offices in deadly attack on Kyiv - as it happened

Overnight raid kills more than a dozen people as European leaders condemn ‘deliberate’ targeting of civilians and institutions

The Guardian - UK

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Euronews

EU delegation in Kyiv severely damaged by shock wave of Russian strike

"The EU will not be intimidated," António Costa said in response to the latest Russian attack against Kyiv, which damaged the EU delegation.

InsideEVs

Kia Is Perfectly Fine With The EU’s 2035 Combustion Engine Ban

Kia Europe’s boss hits back at Mercedes-Benz’s CEO, who yesterday signed a letter asking the EU to modify the emissions targets.

Motor1

Mercedes Boss Urges Europe to Drop the Gas Engine Ban

It’s only been a few weeks since the Mercedes CEO was brutally honest about his prediction for where Europe’s car industry is headed. Speaking with German business newspaper Handelsblatt, Ola Källenius said the EU needs a “reality check” to avoid “heading at full speed against a wall” and even "collapse."…

Evening Standard

Lottery firm Allwyn valued at £9.6 billion after Czech owner sells part of stake

Allwyn said central European investment fund J&T Arch has snapped up a 4.27% stake in the business.

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Radio France Internationale

Macron pledges France's 'determined support' for Moldova joining EU

French President Emmanuel Macron pledged France’s “determined support” for Moldova and its goal of joining the European Union during a visit with the leaders of Germany and Poland on Wednesday. The trip came on the eve of campaigning for next month’s parliamentary elections amid claims of Russian interference.

The Guardian - UK

Liz Truss warns there is ‘a reckoning coming’ for central banks, and backs Trump in Fed battle; US growth revised higher amid AI boom – as it happened

Rolling coverage of the latest economic and financial news, as former PM criticises Bank of England and claims UK faces ‘economic doom loop’

Euronews

EU steel chief touts quotas and cooperation on Chinese overcapacity with US

According to Axel Eggert, the chief of EUROFER, the European steel lobby, tariff-rate quotas are the best solution to put an end to existing US levies on imports of steel and aluminium. He also believes that the joint fight against Chinese overcapacities should be a shared objective with the US.

Euronews

Ukraine's anti-corruption chiefs tell EU accession talks would protect them, sources say

The heads of Ukraine's top anti-graft bodies were in Ukraine earlier this week for a meeting with the Commissioner for enlargement.

Euronews

Where in Europe is best for international students to work while they study?

Euronews Business takes a closer look at work permit rules and average wages for international students in Europe.

Euronews

Defence: France and Germany looking at 'best athlete' model to boost European military production

EU defence production has been hindered by the sector's high level of fragmentation as many member states have historically favoured their own domestic defence industries on national security grounds.

Euronews

EU leaders visit Moldova on Independence Day with message of solidarity for Chișinău

Ahead of the Moldovan parliamentary elections on 28 September, the leaders of France, Germany and Poland visited Chișinău on the 34th anniversary of Moldova's independence.

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