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Europe Today: Is the EU about to take on a tougher economic stance towards China?

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Europe Today: Is the EU about to take on a tougher economic stance towards China?

EU Commission chief von der Leyen is pulling her team together this morning for urgent talks on whether the EU should take on a tougher economic stance towards China. The closed-door discussion is seen as a first step towards potentially stricter trade measures. Mared Gwyn reports on the story.

READ MORE : http://www.euronews.com/2026/05/29/europe-today-is-the-eu-about-to-take-on-a-tougher-economic-stance-towards-china

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French police clash with protesters following largely peaceful demos

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Clashes between French police and protesters after largely peaceful demonstrations that drew thousands

Organisers said more than 800,000 took part in demonstrations across the country, with 250,000 in Paris alone. Authorities said 410,000 demonstrated nationwide. The protests were over the high cost of living and lack of funding for education.

READ MORE : http://www.euronews.com/2026/10/24/new-round-of-protests-underway-in-france-as-police-fire-tear-gas-at-demonstrators

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Shock in Cyprus over bailout levy on bank deposits

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http://www.euronews.com/ Cypriot savers have been queuing at cash machines – after waking up to the news that Brussels plans to enforce a levy of up to 10 percent on bank deposits as part of a bailout deal.

The Eurogroup and the International Monetary Fund (IMF) agreed a 10 billion euro rescue package for Cyprus, which is teetering on the edge of bankruptcy, late on March 15.

The deal includes a one-off levy on Cypriot bank deposits to raise 6 billion euros.

German Chancellor Angela Merkel, at the helm of the EU’s largest economy, explained why the radical measure makes sense:

“So we said: people who have their money in Cyprus’ banks have to contribute to saving Cyprus. So everyone who has more than 100,000 euros in his or her account will be taxed by almost 10 percent, by 9.9 percent.”

Merkel added, “In so doing, the people responsible will contribute – not only tax payers from other countries. And that is correct in my opinion.”

There will also be a tax of 6.75 percent on smaller deposits.

The levy’s due to take effect on March 19, although the deal still has to be approved by the parliaments of several eurozone nations, including Cyprus.

The island nation, which has one of Europe’s smallest economies, is the fifth country to turn to the eurozone for aid during the region’s debt crisis. It follows Greece, Ireland, Portugal and Spain.

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Turkey-Libya maritime boundaries deal ‘remains null and void,’ Greek foreign minister says

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Turkey-Libya maritime boundaries deal ‘remains null and void,’ Greek foreign minister says

The joint statement responded to the recent decision by Libya’s House of Representatives to ratify the 2019 memorandum.

READ MORE : http://www.euronews.com/2026/10/26/turkey-libya-maritime-boundaries-deal-remains-null-and-void-greek-foreign-minister-says

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Mongolia positions itself as Asia’s next data centre hub

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Mongolia positions itself as Asia’s next data centre hub

During the COP17 conference in Ulaanbaatar, Mongolia offered potential data centre investors tax relief, data security, cheap energy, land, and cold weather.

READ MORE : http://www.euronews.com/2026/08/25/mongolia-positions-itself-as-asias-next-data-centre-hub

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Norway’s foreign minister: Israel is in a “very dangerous place”

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Norway’s Foreign Minister Espen Barth Eide tells #EuropeToday that Netanyahu’s government has driven Israel into a “very dangerous place”.

It comes as Norway joined this week 11 other countries, including UK and France, in sanctioning trade with Israeli settlements in the occupied West Bank.

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