Author: Press Room
Published on 09/07/2026 – 9:00 GMT+2•Updated 10/07/2026 – 9:01 GMT+2 The topic might be a bit complex so your reporter will do his best to safely walk you through it. Ready? ADVERTISEMENT ADVERTISEMENT On 1 July, the EU’s landmark crypto rules took full effect. The execution was a total bust for crypto firms. Fewer than 1 in 5 of Europe’s 1,200 registered crypto companies secured a licence. And without it, they simply face shutdown. The aim wasn’t to regulate for the sake of regulating. Brussels wanted to stop crypto scams and protect everyday investors. Big brands like Coinbase cleared the…
New companies in Europe are expanding rapidly, with scaleups in Latvia, Portugal, and Greece seeing the strongest performance between 2023 and 2024, growing the most in the EU, especially in employee numbers. ADVERTISEMENT ADVERTISEMENT On the other hand, Ireland, Luxembourg, and Estonia registered the biggest drops in the same time period, according to the latest data from the European Scaleup Institute (ESI). A scaleup is a company that has passed its initial startup phase, successfully validated its business model, and entered a period of rapid and sustainable revenue growth. These companies have existed for 10 years or less and are…
Published on 10/07/2026 – 8:02 GMT+2•Updated 8:03 On today’s show: ADVERTISEMENT ADVERTISEMENT Euronews’ Maria Tadeo discusses her exclusive interview with European Central Bank President Christine Lagarde, who reflects on Europe’s economic resilience, relations with the US and China, and France’s political future. French Economy and Finance Minister Roland Lescure joins us from Brussels as EU finance ministers discuss Europe’s economic outlook, the impact of renewed tensions in the Middle East, proposals for joint EU borrowing and the bloc’s competitiveness. Euronews’ Mared Gwyn Jones explains the European Commission’s proposal to restrict trade with Israeli settlements in the occupied West Bank and…
The European Union has entered the last stretch of negotiations to reach a deal on a new round of sanctions against Moscow, as countries scramble to avoid a politically disastrous update of the price cap on Russian oil. ADVERTISEMENT ADVERTISEMENT Under the rules, the cap, currently set at $44.10 per barrel, must be automatically adjusted every six months to remain at 15% below the average market price. The next review is scheduled for 15 July. Since Russian oil soared in the aftermath of the closure of the Strait of Hormuz, the revision is certain to push the cap much higher,…
The European Commission is set to propose an electrification target for 2040, arguing that widespread adoption of electric technologies could save roughly €200 billion in fossil fuel imports by 2040, cut fossil fuel demand and greenhouse gas emissions, according to an internal document seen by Euronews. ADVERTISEMENT ADVERTISEMENT The EU spent an additional €50 billion on fossil fuel imports in just 111 days to offset the loss of imported oil and gas from the critical Strait of Hormuz since 28 February, reinforcing the economic and industrial case for faster electrification, according to the Commission. While a concrete target is still…
The European Parliament adopted on Thursday amendments excluding the likes of WhatsApp from a controversial temporary regime that allows electronic communication services to put voluntary measures in place to detect child sexual abuse material (CSAM). ADVERTISEMENT ADVERTISEMENT MEPs want to exclude communication services applying end-to-end encryption from the scope of the law, meaning that platforms such as WhatsApp and Messenger will no longer be able to take voluntary measures derogating from EU e-privacy rules to identify users suspected of sharing CSAM. End-to-end encryption is a technology to secure electronic communications in such a way that only the receiver and the…
Published on 09/07/2026 – 15:52 GMT+2 Firefighters in Edinburgh are tackling a large blaze at an old department store on Thursday. ADVERTISEMENT ADVERTISEMENT The Scottish Fire and Rescue Service received reports of a fire within the building at around 2:50 am on Thursday morning, a spokesperson for the service said in a statement. The spokesperson said crews worked to contain and extinguish the flames in the morning and were now focused on dampening hotspots. “Operations Control mobilised six appliances and two height appliances plus supporting resources to the scene,” they said, adding that firefighters were expected to remain at the…
Updated: 09/07/2026 – 17:47 GMT+2 Images shared by the Lithuanian Presidency show a revolver given by Turkey’s Erdogan to every NATO leader as a parting gift after the summit in Ankara. Each leader received a box containing a revolver engraved with their name, six bullets and a note exempting the weapons from export control. … More
There is a “window of opportunity” to push for a new mechanism for EU joint borrowing, as the bloc seeks to strengthen the euro’s international role, Spanish Finance Minister Carlos Cuerpo told Euronews. ADVERTISEMENT ADVERTISEMENT With the United States resuming hostilities with Iran on Wednesday, the implications for Europe have returned to the top of the EU’s agenda. Against a backdrop of heightened geopolitical uncertainty, the search for safe assets has become an increasing priority. In parallel, the EU is building up to give the euro an international role as a global reserve currency. “We think there’s a good window…
Portuguese rapper 18 Karat was deported by plane from Germany to Portugal, his country of origin, in the early hours of Wednesday morning, and his family has already been informed of his whereabouts. ADVERTISEMENT ADVERTISEMENT “He managed to get in touch with his family this morning [Wednesday] and tell them the time and place of his arrival,” said the musician’s lawyer, Lisa Grüter, quoted by German daily Die Zeit (source in Portuguese). The deportation was confirmed to German news agency dpa by the authorities in the city of Dortmund, where the 40-year-old rapper moved with his family as a youngster.…