Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Wildfires Burn, Farmers Struggle as Another Heatwave Bakes Western Europe
Aug 12 2022 // European nations sent firefighting teams to help France tackle a “monster” wildfire on Thursday, while forest blazes also raged in Spain and Portugal and the head of the European Space Agency urged immediate...
Britain’s Proposed Post-Brexit Financial Reform Explained
Aug 12 2022 // Britain’s government proposed a far-reaching financial services law last month to exploit “freedoms” to write its own capital market rules since leaving the European Union. Approval of what is the biggest...
Historic Drought, Low River Levels Threaten to Cripple Trade Across Europe
Aug 11 2022 // In the midst of an arid summer that set heat records across Europe, the continent’s rivers are evaporating. The Rhine — a pillar of the German, Dutch and Swiss economies for centuries — is set to become virtually...
Europe’s Rhine River on Brink of Becoming Impassable as Water Levels Drop
Aug 3 2022 // Water levels on the Rhine River are set to fall perilously close to the point at which it would effectively close, putting the trade of huge quantities of goods at risk as the continent seeks to stave off an economic...
EU Mulls New Unit With Antitrust Veterans to Enforce Tech Rules
Jul 28 2022 // The European Commission is considering creating a new directorate that may be headed by two top antitrust officials to enforce tough new rules aimed at reining in the powers of Big Tech, two people familiar with the matter...
Reuters: EU Finds Evidence Employees’ Smartphones Compromised by Spyware
Jul 28 2022 // The European Union found evidence that smartphones used by some of its staff were compromised by an Israeli company’s spy software, the bloc’s top justice official said in a letter seen by Reuters. In a July 25...
Record Temperatures, Wildfires Wreak Havoc on Europe’s Wineries and Vineyards
Jul 26 2022 // In Portugal’s Douro Valley on July 7, a wildfire burned close to Oscar Quevedo’s Quinta da Alegria vineyard. By the middle of the night, flames surrounded it. The vines around the edges, amounting to about a...
Return of Coal as Alternative to Russian Gas Threatens European Firms’ ESG Ratings
Jul 26 2022 // European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them scrambling to impress investors still vocal on sustainability. Despite an...
London’s Financial Center Struggles to Find Its Way in Post-Brexit Britain
Jul 25 2022 // London is in danger of becoming a mere “regional stock market” down the line unless it significantly raises its game — that is the warning from Mark Austin, the latest person charged with sprucing up the...
Europe Wildfire Damage Jumps 75%; Models Need More Development: Chaucer
Jul 22 2022 // Damage from large wildfires in Europe has jumped dramatically, with a 75% increase in the amount of land burned in the latest year, according to analysis by Chaucer, the specialty re/insurer, which warns that modeling for...
Analysis: Britain’s Proposed Post-Brexit Financial Services Law Underwhelms Industry
Jul 21 2022 // Britain’s reform of post-Brexit financial services is more about catching up with rivals than unleashing a “Big Bang 2.0” as it sidesteps calls to cut taxes on banks or ease curbs on hiring foreign staff...
Update: Climate Change Alarm Sounded as Wildfires Rage Across Europe
Jul 20 2022 // Emergency services battled wildfires across swathes of southern Europe amid mass evacuations on Wednesday, as warnings sounded in London after Britain’s hottest day that the fight against climate change needed to be...
Britain Initiates Post-Brexit ‘Transformation’ of Financial Services
Jul 20 2022 // British financial regulators will have to promote the global competitiveness of the country’s financial sector, though a plan for more government oversight of their work has been put on hold for now, finance minister...
Record Heatwave Scorches Europe, as Wildfires Continue to Rage in France, Spain
Jul 19 2022 // Britain was forecast to see temperatures hit 40C (104F) for the first time on Tuesday after logging its warmest night on record, while wildfires raged across parched countryside in France, Spain and elsewhere. As a...
New UK Finance Minister Targets Flexibility of Post-Brexit Financial Regs, Solvency II
Jul 19 2022 // Britain’s government must focus on sound public finances and avoid further fueling inflation by pumping up demand, new finance minister Nadhim Zahawi is due to say in his first major speech on Tuesday. Zahawi will...
UK Regulator May Lack Bandwidth to Push Post-Brexit Competitiveness: Policymaker
Jul 19 2022 // The Bank of England may not have enough resources to implement an extra objective of maintaining Britain as a competitive global financial center, a policymaker designate said on Monday. Britain’s government is due...
Europe Battles Wildfires in Intense Heat That Scientists Blame on Climate Change
Jul 18 2022 // JERTE, Spain – Authorities across southern Europe battled on Sunday to control huge wildfires in countries including Spain, Greece and France, with hundreds of deaths blamed on soaring temperatures that scientists say...
EU Court Upholds Greece’s Claim to ‘Feta’ in Snub to Denmark
Jul 15 2022 // Greece on Thursday scored a win in its fight to protect their right to the term ‘Feta’ as Europe’s top court reprimanded Denmark for not blocking local companies from using the name for sales outside the...
VW Sees EU Top Court Ruling Against Its Emissions Software as Confirmation
Jul 14 2022 // Volkswagen’s software that altered car emissions constituted an illegal defeat device in certain driving conditions, the EU’s top court ruled on Thursday, while the automaker said the ruling confirmed its...
People Moves: Lloyd’s Europe Hires Heugues From Ageas as Chief Underwriter; Parsyl Staffs London Marine Cargo Office
Jul 8 2022 // Lloyd’s Europe reports the appointment of Bertrand Heugues as chief underwriting officer effective 14 July. He will be responsible for overseeing underwriting, delegated authority management, claims and the...
