Europe News
Russia-Ukraine war is having a limited impact on Europe vacation bookings, experts say
Travelers booking luxury trips to Europe have not canceled amid the Ukraine war, says travel advisor Jessica Griscavage of Runway Travel. Pictured, Grignan, France. Westend61 | Westend61 | Getty Images As the Russian invasion of Ukraine continues with no end in sight, how are Americans’ European vacation plans being affected? It depends on whom you […]
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France heads to the polls as Macron faces his biggest threat yet
A political rally before the first round of the French presidential election. Sylvain Lefevre | Getty Images News | Getty Images French voters are heading to the polls Sunday in an election where the cost of living and the war in Ukraine dominated the political debate. Opinion polls from the week before the first round […]
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EU not expected to fully ban Russian coal imports until August, sources say
A front loader collects a shovel of coal from a pile at the Raspadsky open-pit coal mine, operated by Raspadskaya PJSC, in Mezhdurechensk, Russia, on Friday, Feb. 5, 2021. Andrey Rudakov | Bloomberg | Getty Images The European Union’s proposed ban on coal imports from Russia is not expected to take full effect until August […]
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‘Weapons, weapons and weapons’: Ukraine makes its request to NATO clear
Ukraine has urged NATO to supply more weapons as it seeks to defend itself against further aggression from Russia. Members of the NATO military alliance have been supplying Kyiv with weapons ever since Russia’s unprovoked invasion of Ukraine in February. The U.S., for instance, has supplied anti-aircraft Stingers, thousands of anti-tank weapons and millions of […]
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EU’s new Russia sanctions to likely include steel, luxury goods, jet fuel and more, sources say
European Commission President Ursula von der Leyen delivers a speech during a plenary session of the European Parliament at the EU headquarters in Brussels, on March 23, 2022. John Thys | AFP | Getty Images LUXEMBOURG — The European Union is working on a new package of sanctions against Russia that is likely to restrict […]
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France’s retirement age looks set to rise. And the war in Ukraine could have helped
A man holds a banner that reads, ‘Pensioners, badly treated’ as pensioners and activists take part in a demonstration. Emmanuel Dunand | Afp | Getty Images France looks set to push back its retirement age — after several failed attempts — as war in Ukraine and Emmanuel Macron’s active diplomacy have boosted the chances of […]
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Euro zone inflation hits another record high of 7.5% as Russia-Ukraine war pushes up energy prices
Christine Lagarde, President of the European Central Bank. Daniel Roland | Afp | Getty Images The cost of living hit another record high in the euro zone last month, raising further questions about how the European Central Bank can stabilize such rapidly rising consumer prices. Headline inflation came in at 7.5% for March on an […]
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Millions of Brits plunged into fuel poverty on Friday as household energy bills surge
A protester holds a ‘Save Us From The Energy Crisis’ placard during a rally in London. British households face soaring energy bills from April 1 as the country’s energy price cap rises by 54%. Vuk Valcic | Sopa Images | Lightrocket | Getty Images The number of English households in fuel poverty will double to […]
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ECB will have to ‘think again’ on policy if outlook deteriorates rapidly, chief economist says
Christine Lagarde (R), President of the European Central Bank (ECB), and Vicepresident Luis de Guindos (L) Thomas Lohnes | Getty Images News | Getty Images European Central Bank Chief Economist Philip Lane on Friday acknowledged “very high” inflation in the region and said the Frankfurt institution might have to “think again” about its policy stance. […]
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German economic advisors send recession warning as Putin’s gas deadline nears
Berlin’s Brandenburg Gate on the occasion of the Earth Hour, on March 26, 2022. Tobias Schwarz | Afp | Getty Images Germany’s heavy reliance on Russian energy could tip its economy into recession, an independent economic think tank warned on Wednesday. There are rapidly rising concerns over what Russia’s unprovoked invasion of Ukraine will mean […]
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