Tag: European Commission

Energy, Industries

EU rushes out $300 billion roadmap to ditch Russian energy

May 18, 2022

Via: ABC News

The European Union’s executive arm moved Wednesday to jump-start plans for the 27-nation bloc to abandon Russian energy amid the Kremlin’s war in Ukraine, proposing a nearly 300 billion-euro ($315 billion) package that includes more efficient use of fuels and […]

Finance Tech, Liquidity

Euro Breaking News: European Commission Spring Forecast Buoys EUR/USD

May 16, 2022

Via: DailyFX

The European Commission’s Spring Forecast for 2022 revised Eurozone inflation upward to 6.1% in 2022 as expected with forecasts expected to decline to 2.7% in 2023. Growth projections in the region were subsequently lowered to 2.3% from 2.7% in February. […]


The EU’s flawed vaccine rollout will stymie growth in 2021, new forecast reveals

February 11, 2021

Via: Fortune

The European economy will recover more slowly this year as the coronavirus keeps a tight grip on the region, with the outlook resting largely on a vaccination campaign that has so far stumbled. The European Commission cut its forecast for […]

Finance Tech, News, Trading

Hopes of a Brexit trade deal flash red, sending stocks and sterling lower

December 11, 2020

Via: Fortune

European Commission President Ursula von der Leyen warned that a no-deal split with the U.K. is the likeliest outcome on Dec. 31 as last-ditch talks to try to reach a deal before Sunday continue in Brussels. Prime Minister Boris Johnson’s […]