Browsing: Europe

The struggling German economy will likely end the first quarter of the year in recession, and is not expected to recover for the rest of 2024, the central bank warned in a monthly report published on Monday.

The European Parliament has extended the suspension of all tariffs and quotas on Ukrainian agricultural food imports to the EU until June 2025, it announced on Wednesday.

The European Union is preparing to impose tariffs on grain imports from Russia and Belarus under pressure from protesting farmers and some bloc members, the Financial Times reported on Tuesday, citing people familiar with the matter.

Romania has started work on rebuilding an airbase that will become the largest NATO facility in Europe, according to Euronews. The base is located near the city of Constanta on the Black Sea, around 130km from the border with Ukraine.

The average diesel shipments from the Middle East to Europe reached 374 thousand barrels per day in February, the highest level in two months