European Central Bank reports highest loss in history
Interest rate policies affects the European Central Bank’s balance sheet. This is unlikely to be the last year of losses.
Interest rate policies affects the European Central Bank’s balance sheet. This is unlikely to be the last year of losses.
The European Union plans to crack down on food imports that do not meet its standards as part of an agricultural policy review published on Wednesday. The report looks to appease the bloc’s disgruntled farmers amid global trade tensions.
An emergency summit of European leaders in Paris on Monday failed to produce a unified response to US-led negotiations on Ukraine, with leaders split over deploying peacekeeping troops. The exclusion of several European leaders from the meeting further underscored divisions, raising concerns about Europe’s role in shaping its own security.
The drastic change in US policy on Ukraine puts Europe in a complicated situation. The French president Emmanuel Macron organises an emergency summit. But the Europeans do not present a united front.
According to the World Health Organisation, no other region in the world consumes as much alcohol as Europe. Alcoholic beverages should carry a warning about the risk of cancer caused by alcohol, the WHO recommends.