Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Extreme Weather Adds to Fiscal Strains in Central Europe
Sep 20 2024 // Just a week ago, before deadly floods swept through central Europe, the Czech Republic looked on track to become the first country in the region since COVID-19 to pull its budget deficit firmly below the 3% of GDP cap set...
Update: Central Europe Flood Deaths Rise as Citizens Race to Build Defenses
Sep 18 2024 // Volunteers and emergency personnel raced to secure river banks and buildings in Poland and Hungary on Tuesday as flood waters that have wreaked havoc across central Europe began to rise in new areas and the Czech Republic...
Russia’s RusChemAlliance Sues 5 European Banks Over Aborted Gas Project
Sep 17 2024 // Russian company RusChemAlliance has filed new lawsuits against five European banks that stopped financing the construction of a gas project in Russia after the West imposed sanctions against Moscow over the 2022 invasion...
Flooding in Central Europe Could Cause Billions in Economic Losses, Analysts Say
Sep 17 2024 // The latest flooding in central Europe could cause economic losses ranging from several hundred million euros to billions, early estimates published on Monday found, as the region braced for more damage. Credit rating...
EU Navy Starts Towing Stricken Red Sea Oil Tanker Hit by Houthis
Sep 16 2024 // The European Union’s naval force said it managed to connect tug boats to a burning oil tanker in the Red Sea, and that the vessel is now being towed away. “The tug boats have successfully connected to the...
Update: Flood Death Toll Rises as Europe Counts Cost of Storm Boris
Sep 16 2024 // Floods ripped through central Europe killing at least 17 people, as governments across the region took emergency measures and prepared to spend hundreds of millions of euros on the cleanup. Flows in the Danube —...
Top EU Privacy Regulator Opens Probe Into Google’s AI Compliance
Sep 12 2024 // The top EU privacy regulator opened an inquiry on Thursday into whether search engine giant Google adequately protected European Union users’ personal data before using it to help develop its foundational AI...
Russia Loses EU Case Aimed at Unblocking Sanctioned €70 Billion
Sep 11 2024 // Russia’s National Settlement Depository lost a bid to overturn European Union sanctions over its alleged role in helping fund President Vladimir Putin’s invasion of Ukraine. The Moscow-based institution was hit...
EU’s Vestager Triumphs in Crackdown on Apple’s Tax Deal, Google’s Practices
Sep 10 2024 // EU antitrust chief Margrethe Vestager scored two major wins on Tuesday as Europe’s top court backed her crackdown against Apple’s Irish tax deal and Google’s anti-competitive practices in two landmark...
An ESG Backlash Erupts in Europe on World’s Strictest Rules
Sep 10 2024 // For TotalEnergies SE Chief Executive Officer Patrick Pouyanne, the difference in the performance of his company’s stock and that of Exxon Mobil Corp., the largest US producer of oil and gas, is in no small part...
Summer 2024 Was World’s Hottest on Record: EU Climate Change Monitor
Sep 9 2024 // The world is emerging from its warmest northern hemisphere summer since records began, the European Union’s climate change monitoring service said on Friday, as global warming continues to intensify. The boreal...
Ryan Specialty Agrees to Buy Certain Assets of Ardonagh’s Geo Underwriting Europe
Sep 3 2024 // Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has signed a definitive agreement to acquire certain assets of the European managing general agent Geo Underwriting Europe BV (Geo...
EU Mission in Red Sea Says no Oil Spill From Tanker Damaged in Houthi Attack
Aug 29 2024 // The European Union’s mission in the Red Sea said on Wednesday there was no oil spill in the waters near the Greek-flagged tanker hit by a fiery Houthi militant attack off Yemen’s coast. The mission, called...
Update: EU Faces 2 Lawsuits Over Emissions Rules, ‘Green’ Label for Planes
Aug 27 2024 // Environmental campaigners have taken the European Commission to court, seeking to force Brussels to upgrade its emissions rules for 2030 and, in a second case, scrap rules that label some planes as climate-friendly...
Storm Warnings Issued Across Southern Europe – From Italy to Serbia
Aug 27 2024 // Thunderstorm alerts are in place for a swath of Europe from the south of France to the Balkans. There are orange warnings for Lombardy, Piedmont, Tuscany and Umbria in Italy, as the summer heat gives way to violent storms....
Fires Burn on Houthi-Hit Oil Tanker but No Spill Yet, EU Says
Aug 26 2024 // Fires were burning around the oil tanks of a ship that was attacked by Houthi militants in the Red Sea, but there were no signs of a spill so far, the European Union naval force in the region said. Flames were seen in at...
Storm Warnings in Place Across Europe, From Northern Greece to Poland
Aug 21 2024 // Thunderstorm alerts are in place for a swath of Europe from Poland and Hungary to Italy and Greece. There are orange warnings for northern Greece, as the summer heat gives way to violent storms and the risk of flooding....
Europe’s $42 Billion Effort to Fight Wildfires Is an Uphill Battle
Aug 19 2024 // Europe is spending tens of billions of euros a year to fight wildfires, yet it hasn’t stopped blazes from flaring up across Greece and other parts of the continent this summer. This week fires on the outskirts of...
Toxic Waste Bound for Thailand on Maersk, MSC Cargo Vessels to Return to Europe
Aug 16 2024 // Shipping containers bound for Thailand allegedly filled with tons of hazardous industrial waste from Albania are now slated to return to Europe, after environmental groups sounded the alarm they were being illegally...
People Moves: Accredited Taps SCOR’s McMurdo to Lead UK, European Operations; Aon Promotes Barcock to Lead Aviation Reins., Admiral Stavridis Appointed to Board
Aug 14 2024 // This edition of International People Moves details appointments at program manager Accredited UK & Europe and insurance broker Aon. A summary of these new hires follows here. Accredited Taps SCOR’s McMurdo to...
