As Market Share Declines, The European Plastics Industry Is “In Trouble
According to a recent industry report released on Tuesday, the global plastics production landscape has seen notable shifts, with Europe experiencing a decline in its share while China’s output has surged to encompass a third of the market. Over the…
EU’s €7.4bn Deal with Egypt to Prevent Migration Crisis
In an effort to boost Egypt’s flagging economy, EU leaders have reached a financial pact worth €7.4 billion (£6.3 billion). This endeavor aims to maintain regional stability and avert another European migrant catastrophe. The EU-Egypt strategic partnership spans three years…
EU Parliament Approves Crypto-Inclusive Sanctions Law to Close Loopholes
In a bid to bolster the enforcement of sanctions, the European Parliament has endorsed the implementation of new regulations extending to cryptocurrency assets. The objective behind this legislation is to streamline the enforcement of sanctions across the European Union’s 27…
The Digital Markets Act Of Europe Is Putting Pressure On Internet Companies To Adapt
European consumers will soon experience changes in their digital landscape as new regulations come into effect this week. These changes, mandated by the Digital Markets Act (DMA) of the European Union, aim to address concerns regarding the dominance of certain…
Falling Energy Prices and Slower Food Inflation Cause European Inflation to Drop to 2.6%
In February, the inflation rate in the European economy saw a decline to 2.6%, attributed to various factors such as elevated interest rates, stabilized oil and gas prices, and sluggish economic growth, which restrained price hikes in retail outlets. Eurostat,…