Should EU foreign ministers fail to renew the sanctions by January, diplomats say there is still enough time to call an had-hoc emergency EU summit

Turmoil in Europe's car sector could hit the central European economy and hurt banks' asset quality, S&P Global said on Tuesday, although it added that lenders were strong enough to withstand stress in their automotive portfolios.

In Central Europe, a nationalist bloc led by Hungary’s Viktor Orban is promoting the division of Europe, a development which ultimately benefits Russia. To combat this new nationalism, Europe must strengthen its resilience from within.

Europe must "be prepared" for potential trade tariffs from newly inaugurated U.S. President Donald Trump, the president of the European Central Bank told CNBC on Wednesday. After his inauguration, Trump told reporters that the EU has been "very,

Europe is anxiously watching as Donald Trump assumes power, leaving the continent’s future uncertain and its initiatives in jeopardy.

Much of what happens in the EU in 2025 will hinge on the incoming U.S. presidency of Donald Trump. Speaking to EU officials over the last few weeks, they all seem to be waiting for his inauguration on January 20 to see what challenges his new administration might bring.

As Magyar Nemzet reported, Hungary blocked the extension of sanctions against Russia, putting significant pressure on European Union decision-makers. Prime Minister Viktor Orban made it clear that Hungary's support is conditional on the resumption of natural gas and oil transit through Ukraine, which has been halted in recently.

AI, biotech and affordable clean energy will be the focus of an EU drive to make the bloc globally competitive and ensure it keeps pace with rivals the United States and China, according to a draft European Commission paper seen by Reuters.

Hungary wants the European Union to persuade Ukraine to resume gas transit from Russia to Europe, Prime Minister Viktor Orban said on Friday, signalling a tough debate as the EU seeks to extend its sanctions against Russia over the coming week.

Christine Lagarde said Europe needed to get better at keeping its talent and savings at home, adding that the new US administration’s decision to freeze some funding for former president Joe Biden’s Inflation Reduction Act might remove one of the incentives to invest in the US.

Is this really the end of Russia’s gas influence? We examine the implications for Ukraine, Russia and Europe of Ukraine’s decision to halt to the transit of Russian gas through its territory.

Since it came into effect in 2013, the Sino-Swiss FTA has played a positive role in promoting bilateral trade, and enterprises in both countries have greatly benefited from it. China is now Switzerland's third-largest trading partner, while Switzerland is China's sixth-largest in Europe.