Analyst: Europe Made Fatal Errors with the Sanctions
The economic sanctions against Russia seem to have hurt Europe more than the country stricken by them. Russian economy is not weakening as rapidly as those of some EU countries.
The economic sanctions against Russia seem to have hurt Europe more than the country stricken by them. Russian economy is not weakening as rapidly as those of some EU countries.
As EU member states revert to coal due to the energy crisis, it is now apparent that coal will soon be in short supply for some countries.
Southern-European countries expect a large influx of migrants from North Africa and the Middle East. As food insecurity grows due to the war and climate change, many will attempt to flee their crisis-stricken countries.
Europe is scrambling to replace Russian oil and gas, which has renewed interest in massive African oil and gas investments.
Due to the multifaceted crisis the continent is dealing with, the probability of recession is rising.
The European Commission approved a staggering €5.4 billion hydrogen subsidy plan last Friday. The ambitious joint project aims to help reach net-zero greenhouse gas emission plans and replace natural gas but is the plan feasible?
In an exclusive presentation at MCC, Minister Tibor Navracsics addressed the question of the EU Recovery Funds, as well as the current state of the negotiations between Brussels and Budapest.
A new deal with Azerbaijan to increase natural gas imports may bring Europe back from the brink of catastrophe.
As demand grows, water supplies are continuing to be depleted and water scarcity has become increasingly frequent in the EU.
In order to restart the economy, Macron is proposing measures with both social and economic dimensions, including an EU-level fuel tax and EU standards to be enforced in trade agreements, and he is a strong proponent of the directives on minimum wage and gender equality.