Europe

Record Summer Heat Forces EU to Face €180bn Climate Bill

Record summer heat killed about 35,000 across Europe and left the EU with an initial €180bn damage estimate, testing governments ahead of COP31.

Bundesbank Chief Links Future Rate Hikes to Energy Prices

Joachim Nagel said any move into restrictive interest-rate territory is "very much dependent on how the energy prices evolve."

Simple Local Dishes Reshape Readers’ European Breaks, From Bled Cake to Portuguese Sardines

Readers picked everyday finds — Bled cake in Slovenia, sardines in Portugal and seafood soup in Spain — as their top European food discoveries.

European Startups Use Nanotech To Win High-Margin Battery Role

Nanometre-scale anodes and coatings could let European firms capture higher-margin parts of the battery chain, but commercialisation is slow and

European Founders Demand Lawmakers Preserve EU Inc to Unlock Investment

Founders and leading VCs warned in an open letter that EU Inc must not be watered down, arguing the statute could cut fragmentation and unlock

Germany’s AfD Victory Deepens Threat To Europe’s Liberal Order

AfD’s Saxony-Anhalt win shows nationalists gaining momentum as far-right movements, MAGA allies and Kremlin links squeeze liberalism across Europe.

AfD Victory Raises Prospect of Far‑Right Momentum in UK Politics

AfD's historic victory in Germany adds to a continental trend of populist far‑right gains, prompting questions about pressure on UK politics.

Isar Aerospace Reaches Orbit, Boosting Europe’s Independent Launch Capacity

Isar Aerospace launched its uncrewed Spectrum rocket to orbit from Norway with five small satellites onboard. The company plans rapid scale-up.

Europe Moves To Penalise Russia’s Hybrid Attacks, Confronts Limited Tools

European governments are accelerating public blame and seizures over suspected Russian sabotage, but have few options beyond sanctions and expulsions.

Ikea Cuts Prices Across Europe, Spending €1.2bn to Counter Falling Sales

Ikea is cutting prices on hundreds of European products and spending €1.2bn to do so. The aim is to lift sales but margins may shrink.

U.S. Pullback is Eroding Europe’s Growth Model, Lagarde Warns

Christine Lagarde told World Economic Forum leaders Europe must integrate and reform capital markets so AI investment can scale, or it will fall

Europe Temperatures to Drop as Rain Hits UK

Temperatures in Europe are expected to fall by over 15C, bringing relief from the heatwave, with substantial rain forecast for parts of the UK.

Two Killed in Greece and Belgium Battles Its Largest Modern-Day Wildfire as Blazes Spread Across Europe

An elderly couple died in Greece as Belgium fought its largest modern-day wildfire and fires continued across parts of Europe.

Europe Heatwave Peaks With 40C-Plus Temperatures

Kew Gardens in London hits 38.1C, as parts of Europe surpass 40C, with the continent trapped under a heat dome.

Tui Loses €60m as Iran War and Cost of Living Crisis Impact Travel Plans

Middle East conflict and cost of living crisis lead to last-minute holiday bookings, costing Tui €60m so far.

Europe Faces Another Heatwave

Extreme heat warnings issued in Britain and France, with temperatures forecasted to reach mid-30s Celsius.

France Water Crisis Deepens amid Record Heat

Nearly 70 percent of France is under water restrictions due to severe drought and heatwaves.

When the Danube Runs Low, Europe’s Wartime Past Rises Again

Record-low water levels along the Danube are exposing sunken Second World War ships, unexploded ordnance and other military remnants, turning an intensifying European drought into a reminder of a conflict buried beneath one of the continent’s most important rivers.

Ukraine Drone Maker Says Military Pressure Is Key to Diplomacy

The chief executive of Ukrainian defence company Fire Point says deep strikes into Russian territory have become a central part of Kyiv's strategy, arguing that military strength must come before diplomacy.

Boat Evacuations After Wildfire Traps 500 In Agios Vasileios, Greece

Around 500 people, mostly tourists, were evacuated by sea from Agios Vasileios after a fast-moving wildfire hemmed in the coastal town.