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What's News Europe

Last Build Date: Thu, 19 Jan 2017 21:37:32 EST

Copyright: copyright © 2017 Dow Jones & Company, Inc.

Draghi Strikes Dovish Tone as ECB Keeps Rates, Stimulus On Hold

Thu, 19 Jan 2017 21:24:54 EST

European Central Bank President Mario Draghi pledged to continue the bank’s massive bond-purchase program through the end of the year, brushing off calls in Germany for an early exit and underlining a policy divergence with the Federal Reserve, which has started to raise interest rates.

German Companies on a Tear in U.S.

Thu, 19 Jan 2017 12:50:14 EST

German companies are accelerating their expansion in the U.S., undaunted by President-elect Donald Trump’s threats to limit international trade and uncertainty surrounding his future stance on foreign takeovers.

May Hints at Trump Rebuke in Vow to Lead on Free Trade

Thu, 19 Jan 2017 21:18:32 EST

British Prime Minister Theresa May said the U.K. would become a world leader in promoting the merits of globalization, underscoring her vision of an internationalist Britain outside the EU.

Ukraine Tries Do-It-Yourself Military Upgrade

Thu, 19 Jan 2017 13:30:41 EST

Ukraine is ramping up its domestic defense industry to confront Russia as officials wait to see if Donald Trump will rewrite U.S. support for their country.

Italy Avalanche Leaves Dozens Missing

Thu, 19 Jan 2017 13:49:42 EST

A powerful avalanche slammed into a luxury mountain hotel in an earthquake-prone area of central Italy, killing at least two people and leaving around 30 missing.

Eurozone House Prices Rise at Fastest Rate Since 2008

Thu, 19 Jan 2017 05:17:54 EST

Eurozone house prices rose at the fastest pace since before the global financial crisis in the third quarter of 2016, a development that should make homeowners feel richer and support the currency area’s modest recovery.

May Clarifies Brexit Plan, Intends to Seek New Trade Pact With EU

Wed, 18 Jan 2017 04:22:34 EST

Prime Minister Theresa May on Tuesday said the U.K. intends to leave the European Union’s single market, outlining a plan for a clear break from the bloc and answering the biggest open question about her vision for Britain’s future.

European Leaders Cautious About Region's Economic Recovery

Thu, 19 Jan 2017 08:52:39 EST

European corporate leaders and policy makers gathered in Davos expressed concern for the year ahead, amid an antiestablishment wave and elections that could endanger the region’s modest upswing.

Inflation Spreads Across Eurozone

Wed, 18 Jan 2017 08:37:03 EST

Consumer prices rose in December in almost all of the eurozone’s 19 members, a sign the threat of deflation that once loomed over the currency area has abated.

U.K. Leader to Seek Clean Break From EU

Tue, 17 Jan 2017 06:21:00 EST

Prime Minister Theresa May is set to declare Tuesday that Britain doesn’t want “partial membership” in the European Union “or anything that leaves us half-in, half-out,” in a closely watched speech in London.

Amid Trump's NATO Blasts, Marines' Norway Mission Goes On

Mon, 16 Jan 2017 13:57:56 EST

Although President-elect Donald Trump has called the alliance “obsolete,” nearly 300 U.S. Marines landed in Norway on Monday as part of an effort to bolster NATO defenses in the wake of Russia’s 2014 moves in Ukraine.

Suspect in Istanbul Nightclub Attack Trained in Afghanistan

Tue, 17 Jan 2017 14:45:01 EST

The gunman apprehended for allegedly opening fire at a fancy Istanbul night spot early on New Year’s Day, killing 39 people, received training in Afghanistan before arriving in Turkey, according to a Turkish official.

Russia's Lavrov Wants Trump Administration at Syria Peace Talks

Tue, 17 Jan 2017 14:04:48 EST

Russian Foreign Minister Sergei Lavrov said the administration of President-elect Donald Trump should be invited to take part in Syria peace talks on Jan. 23.

Germany's Schäuble Warns Trump on Free Trade, Russia

Mon, 16 Jan 2017 09:49:56 EST

Wolfgang Schäuble issued stern warnings about the dangers posed by protectionist economic policies and an assertive Russia seeking to undermine Western democracies, underscoring the risk of a rift between incoming U.S. President Donald Trump and an important ally.

U.K. Inflation Hit Two-Year High in December

Tue, 17 Jan 2017 06:49:34 EST

Consumer prices rose at their fastest annual rate for more than two years, fueled by a slide in the pound in the months since Britons voted to leave the European Union.

An Opening to Set the Brexit Narrative

Mon, 16 Jan 2017 07:20:37 EST

The battle over Brexit will partly be one of narratives. In a much-anticipated speech this week, Theresa May will have the opportunity to fire her opening shots, Simon Nixon writes.

Conflicting Brexit Goals Push Theresa May to Take a Side

Mon, 16 Jan 2017 05:00:43 EST

Six months into her U.K. premiership, Theresa May, whose primary qualification was that she was acceptable to both sides of the bitter Brexit debate, must now take a side, Simon Nixon writes.

Merkel Holds Out Against West's Antiestablishment Mood

Mon, 16 Jan 2017 23:15:11 EST

As Germany enters an unpredictable election year, Chancellor Angela Merkel is walking a tightrope. Anti-immigration politicians have hit out at her refugee policy and her approval ratings have slumped, but she has stood firm in support of open borders and globalization.

Global Elite Face a World of Uncertainty

Mon, 16 Jan 2017 22:46:49 EST

As the world’s financial, corporate and political elites gather this week for the annual meeting of the World Economic Forum in the Swiss mountain resort of Davos, the global economic order is teetering. The question is whether it can be rescued.

U.K.'s Hammond: Economic Model Could Change

Sun, 15 Jan 2017 14:59:14 EST

The U.K. could change its economic model if it isn’t granted access to trade in the European Union after it leaves the bloc, U.K. Treasury Chief Philip Hammond indicated in an interview with a German newspaper.

Powers at Paris Meeting Send Signal to Trump on Israel

Mon, 16 Jan 2017 03:55:51 EST

Some 75 governments and international groups used Sunday’s gathering in Paris to send a message to President-elect Trump that the only viable solution to the conflict is the creation of a Palestinian state alongside Israel.

Russia Dismisses U.S. Claims of Risky Flight Maneuvers Over Syria

Sun, 15 Jan 2017 12:07:50 EST

Russia’s Defense Ministry dismissed allegations by the U.S. Air Force that its planes regularly fly too close to U.S. fighter jets, risking collision in the crowded skies above Syria.

Former Uzbek President's Daughter Questioned by Swiss Prosecutors

Tue, 17 Jan 2017 11:55:56 EST

The elder daughter of Uzbekistan’s late President Islam Karimov was questioned recently over money-laundering accusations by Swiss prosecutors while under house arrest in Tashkent, according to a lawyer who attended the meetings.

Poland Welcomes U.S. Troops

Sat, 14 Jan 2017 22:36:58 EST

The U.S. deployment marked the first time Western forces are being kept on a continuous basis on NATO’s eastern flank, a move that has infuriated Moscow.

The Man Who Gives Veterans the Dignity That Eluded Them in Life

Sun, 15 Jan 2017 10:01:58 EST

James Lindley helps lay indigent servicemen to rest with military honors. A former Marine, he finds shelter from his own wartime demons by tending to those left behind.

U.S. Ambassador to EU Warns Trump on Brexit

Fri, 13 Jan 2017 13:04:37 EST

The departing U.S. ambassador to the European Union warned the Trump administration not to cheer for Brexit and expressed concern about the influence of Nigel Farage.

Last Lifelines Crumble for Many Greek Families

Fri, 13 Jan 2017 10:21:05 EST

The fraying finances of Greek households, which until now have made ends meet because of close-knit extended families and savings, form the backdrop to a looming showdown between the Greek government and its creditors.

Turkey's Central Bank Announces New Measures to Boost Currency

Sun, 15 Jan 2017 09:21:06 EST

Turkey’s central bank on Friday announced fresh measures on lira liquidity management to prop up the currency, in a move to raise borrowing costs for banks.

Exploring a Brexit That Isn't Binary

Fri, 13 Jan 2017 03:30:00 EST

One of the toughest questions British Prime Minister Theresa May will have to answer is whether the U.K. will seek to stay, at least temporarily, in the EU’s customs union. There are options.

European Elections Test ECB President

Fri, 13 Jan 2017 07:06:44 EST

Mario Draghi risks becoming Europe’s political piñata this year because of highly charged elections in the eurozone’s biggest economies.

Marine Le Pen of France's National Front Visits Trump Tower

Thu, 12 Jan 2017 13:56:32 EST

Marine Le Pen, leader of France’s far-right National Front Party, took a break from her presidential campaign to make a surprise visit to Trump Tower on Thursday.

German GDP Grows at Fastest Rate in Five Years

Thu, 12 Jan 2017 15:41:04 EST

Germany’s economy grew strongly, propelled by a buoyant labor market and a pickup in government spending, likely making it one of the fastest-growing of the G-7 industrialized nations.

Ex-U.K. Intelligence Officer Prepared Dossier on Trump

Thu, 12 Jan 2017 17:45:38 EST

Christopher Steele, a former British intelligence officer now working for a private security-and-investigations firm, produced the dossier of unverified allegations about President-elect Donald Trump’s activities and connections in Russia.

Don't Bet Against the Eurozone Just Yet

Thu, 12 Jan 2017 07:39:14 EST

Among investors and policy makers, all the talk is of political risks and how these might reignite the eurozone debt crisis, but the evidence of 2016 suggests otherwise, Simon Nixon writes.

Norway Set to Be First Country to Switch Off FM Radio

Thu, 12 Jan 2017 02:07:08 EST

Norway plans to replace all frequency modulation networks with digital radio by the end of 2017.

Brexitology: Divining Britain's Plan to Leave the EU

Thu, 12 Jan 2017 02:10:12 EST

In the absence of a detailed blueprint, investors and analysts are paying close attention to the public comments of Prime Minister Theresa May and her team. A perceived shift—or even a lack of one—can send markets spiraling.

Germany Sees Sharp Fall in Asylum Seekers

Wed, 11 Jan 2017 10:00:31 EST

The number of asylum seekers entering Germany fell by about two thirds last year but the proportion of rejected applicants who left remained low, the government said, raising fears that criminals or extremists may remain in the country.

Italy's New Prime Minister in Intensive Care After Surgery

Wed, 11 Jan 2017 13:58:28 EST

Italian Prime Minister Paolo Gentiloni has had an emergency surgical procedure to clear an obstructed coronary artery, his spokeswoman said.

Trump Strikes Back at Allegations in Intelligence Dossier

Thu, 12 Jan 2017 02:42:57 EST

Donald Trump and Russia both lashed out at a dossier of unverified allegations involving the president-elect, with Mr. Trump dismissing the claims on Twitter and at a news conference.

Italy Accuses Two of Hacking Email Accounts of Draghi, Politicians

Wed, 11 Jan 2017 02:38:42 EST

Italian police arrested two people for allegedly hacking the email accounts of politicians, entrepreneurs and government officials, including European Central Bank President Mario Draghi.

Germany Sets Plan to Rein In Extremists

Wed, 11 Jan 2017 02:52:24 EST

German officials presented proposed measures to rein in known extremists after authorities failed to prevent a terrorist attack last month by Anis Amri, a Tunisian on a government watch list.

Iceland's Independence Party Forms New Government, Pirates Excluded

Tue, 10 Jan 2017 12:32:54 EST

Iceland’s Independence Party announced the formation of a coalition government, ending over two months of stalemate and seeing off a challenge from the anti-establishment Pirate Party.

Governing, not Elections, Is Europe's Big 2017 Challenge

Sun, 08 Jan 2017 18:35:41 EST

The real political risks for Europe stem less from national votes across the continent this year than in the EU’s persistent struggle to find common solutions to common problems, Simon Nixon writes.

Turkish Central Bank Fails to Stop Currency's Slide

Tue, 10 Jan 2017 14:46:54 EST

The Turkish central bank failed to stop the lira’s free fall with its limited step to boost liquidity in financial markets, amid political pressure to keep interest rates low.

Theresa May Vows Definitive Break With EU

Mon, 09 Jan 2017 08:39:07 EST

U.K. Prime Minister Theresa May said Britain would make a definitive break with the European Union while still seeking to negotiate the best possible access to the bloc’s common market.

MárioSoares, Key Player in Portugal's Democratic Transition, Dies at 92

Tue, 10 Jan 2017 09:04:54 EST

A leading opposition figure during the dictatorship, he later became the country’s first constitutionally elected, post-revolution prime minister.

U.K.'s Post-Brexit Ties to EU Narrow: Five Likely Outcomes

Mon, 09 Jan 2017 03:44:02 EST

Even though the U.K.’s aims in its exit talks with the EU remain unclear, the likely outcomes have narrowed even before divorce talks start in earnest later this year, Stephen Fidler writes.

Russia Announces Syria Drawdown

Fri, 06 Jan 2017 16:55:19 EST

Despite the announced withdrawal, Russia has said its support for the government of President Bashar al- and its campaign against ‘terrorism’ in Syria will continue.

Secret Report Shows Just How Badly Belgium Mishandled Hunt for ISIS Operatives

Fri, 06 Jan 2017 06:54:19 EST

Numerous chances to unmask the Abdeslam brothers before the Paris and Brussels attacks were missed, according to a report to the Belgian Parliament, including evidence they had relationships with other terror suspects, one brother’s possession of Jihadist printed material and the other’s use of the Islamic State flag on his social-media profile.

When Dimon Met Hollande: Inside France's Secret Plan to Lure Brexit Bankers

Fri, 06 Jan 2017 15:14:24 EST

A meeting between the J.P. Morgan CEO and France’s president illustrates the minefield Europe’s political establishment is navigating as it seeks to capitalize on Brexit.

Turkey Sentences Two Military Officials to Life in Prison for Coup Role

Thu, 05 Jan 2017 21:18:44 EST

A Turkish court sentenced two military officials to life in prison in the first ruling related to the mid-July coup attempt, as authorities widened a nationwide crackdown against alleged perpetrators of the failed takeover.

Theresa May's New Year Challenge: Resetting Brexit Expectations

Thu, 05 Jan 2017 08:19:07 EST

Faced with the accusation that her government lacks a clear Brexit plan, the British leader’s much-awaited statements on her strategy take on even greater significance: Get the tone wrong, and the risk of a disorderly exit rises, Simon Nixon writes.

French Presidential Candidate, Embracing His Catholicism, Challenges Secular Tradition

Wed, 04 Jan 2017 04:10:00 EST

François Fillon, a French presidential contender, has tapped conservative voters newly motivated by Christian heritage, spurred by social issues such as opposition to gay marriage and rising nationalism after Islamist terror attacks.

U.K.'s Ambassador to EU Resigns

Wed, 04 Jan 2017 06:14:24 EST

The U.K.’s ambassador to the European Union has resigned, in a potential complication for Prime Minister Theresa May as she prepares to trigger Brexit talks.

NATO's Jittery Baltic Members Move to Beef Up Own Defense

Wed, 04 Jan 2017 03:23:40 EST

Across northeastern Europe, people are signing up for military training, fearing a resurgent Russia and worried about how committed to their defense the U.S. will be under President-elect Donald Trump.

Turkey Extends State of Emergency

Wed, 04 Jan 2017 13:04:28 EST

Turkey’s parliament voted to extend the government’s state-of-emergency powers following the deadly New Year’s attack claimed by Islamic State, as the country struggles to contain rising terrorist threats.

German Interior Minister Calls for Security Overhaul

Tue, 03 Jan 2017 23:41:57 EST

Germany’s top security official proposed giving more power to federal authorities to fill gaps laid bare by last month’s terror attack in Berlin.

Islamic State Claims Responsibility for Istanbul Club Attack

Tue, 03 Jan 2017 13:18:13 EST

Islamic State claimed responsibility for a deadly New Year’s attack in Istanbul, claiming the operation had targeted Turkey in retaliation for its military operations against the group in Syria.

Swiss Are Frank About Their Love of Cash

Tue, 03 Jan 2017 10:30:44 EST

The Swiss use cash regularly to pay for purchases large and small, and their affinity shows no sign of abating despite a global trend toward cashless economies and electronic payments that can better track potential fraud.

Israeli Police Question Netanyahu on Gifts

Tue, 03 Jan 2017 10:18:52 EST

Israeli police said they questioned Prime Minister Benjamin Netanyahu for three hours at his official residence on Monday on suspicion of receiving unlawful gifts.

Turkish Police Hunt Nightclub Attacker

Mon, 02 Jan 2017 01:28:01 EST

The gunman who opened fire in an Istanbul nightclub is believed to have dumped his weapon and made his escape by blending in with fleeing partygoers. At least 39 people died in the latest attack to rock a nation battling terrorism on multiple fronts.

Europe's Fate in 2017: Caught Between Low Rates and Populist Politics

Tue, 03 Jan 2017 00:21:59 EST

For Europe in 2017, the big question is whether fragile economic growth and unprecedented central-bank stimulus will be overtaken by populist politics.

At Least 35 Killed in New Year's Attack at Istanbul Nightclub

Sun, 01 Jan 2017 04:16:10 EST

A lone gunman attacked a popular club shortly after midnight on New Year’s, Turkish officials said, marking one of the deadliest terrorist strikes in a country facing multiple threats.

Putin: 2016 Wasn't Easy

Sat, 31 Dec 2016 10:45:41 EST

Russian President Vladimir Putin delivered a videotaped address to his countrymen, congratulating them on the New Year’s holiday while acknowledging that 2016 wasn’t easy for Russia.

Behind Russia's Cyber Strategy

Tue, 03 Jan 2017 11:11:05 EST

A 2013 article by Russian Gen. Valery Gerasimov emphasized importance of cyberwarfare.

Turkish Authorities Detain, Then Release Wall Street Journal Reporter

Thu, 05 Jan 2017 16:15:04 EST

Dion Nissenbaum, a Wall Street Journal staff reporter detained by Turkish authorities earlier this week, has returned safely to the U.S.

In New Year's Address, Merkel Pledges to Protect Germans

Sat, 31 Dec 2016 15:18:54 EST

German Chancellor Angela Merkel on Saturday promised that her government would do everything possible to assure public safety as she gears up for a tough re-election campaign next year.

Brazilian Police Say Military Police Officer Confessed to Killing Greek Ambassador

Sat, 31 Dec 2016 03:47:09 EST

Brazilian police officials said a military police officer has confessed to murdering Greece’s ambassador to Brazil on the day after Christmas at the behest of the diplomat’s wife, who the police said had been having an affair with the officer.

How a Top International Judge Was Trampled by Turkey's Purge

Fri, 30 Dec 2016 17:43:36 EST

Aydin Akay retired as a renowned attorney after a career serving in the Turkish foreign service and on courts around the world. He is now in prison for downloading a chat app.

Man Arrested in Connection With Berlin Attack Released

Thu, 29 Dec 2016 14:01:04 EST

A 40-year-old Tunisian man arrested in Berlin in connection with the truck attack on a Berlin Christmas market has been released after authorities found they had the wrong person, Germany’s federal prosecutor said.

France Poised for Pro-Russia Pivot

Thu, 29 Dec 2016 09:24:23 EST

France’s two leading presidential candidates oppose sanctions against Moscow, threatening to upend Europe’s strategy for containing Russia’s military assertiveness.

New Berlin Crime Fuels German Surveillance Debate

Wed, 28 Dec 2016 10:36:36 EST

A week after a deadly terror attack at a Christmas market, security-camera images lead to the arrests of six migrants who tried to set fire to a homeless man, feeding a debate over how Germany balances security and civil liberties.

Ireland's Privacy Cop Picks Up the Beat

Wed, 28 Dec 2016 07:01:50 EST

As Ireland’s data-protection chief, Helen Dixon is settling the pace for EU monitoring of global tech giants, including Facebook and its WhatsApp chat service.

Russian Crash Investigators Find First Black Box

Tue, 27 Dec 2016 15:58:33 EST

Rescue workers recovered the flight-data recorder from the Russian military aircraft that crashed into the Black Sea on Sunday, Russia’s Defense Ministry said.

Luxembourg Tightens Tax Rules Amid EU Pressure

Tue, 27 Dec 2016 09:02:47 EST

Luxembourg published tightened tax rules, bending to pressure from the European Union to crack down on corporate tax avoidance.

Trump Trade Causes Pain in Spain

Tue, 27 Dec 2016 04:02:23 EST

Spanish banks may suffer from emerging-market woes following Donald Trump’s U.S. election victory, particularly those exposed to Mexico.

Russia Rules Out Terrorism as Cause of Plane Crash

Mon, 26 Dec 2016 23:53:28 EST

Russia’s transportation minister, Maxim Sokolov, ruled out terrorism as the likely cause of the crash of a Russian military plane in southern Russia that killed 92 people.

At Christmas, Germany Reflects on Compassion in a Dangerous World

Mon, 26 Dec 2016 13:32:23 EST

Germany’s Christian tradition emphasizes Nächstenliebe: loving thy neighbor. But as the country celebrated a somber Christmas after the shock of last week’s terror attack in Berlin, some were reconsidering the limits of German compassion in a dangerous world.

Greek Debt-Relief Measures Unblocked by Eurozone

Tue, 27 Dec 2016 21:40:52 EST

Greece’s eurozone creditors agreed to unblock suspended debt-relief measures for the country, after Athens assured them that a Christmas gift it offered pensioners would be a one-off.

Pope Urges Peace, Comforts Terror Victims in Christmas Message

Sun, 25 Dec 2016 08:31:36 EST

Pope Francis has wished Christmas peace for people scarred by wars and those who lost loved ones to terrorism that he says is sowing “fear and death” in many cities and countries.

Drugs and Terror: A Familiar Mix Among Europe's Jihadists

Sun, 25 Dec 2016 08:32:44 EST

The 24-year-old Tunisian migrant suspected of killing 12 people in an attack in Berlin this week typified a new wave of young jihadists in Europe who mix drug dealing and other illegal activities with Islamist terror.

Turkey's Erdogan Is Turning Into a Strongman

Sun, 25 Dec 2016 04:11:47 EST

What some see as a cult of personality is growing in Turkey as its president, who enjoys strong support among conservatives, Islamists and nationalists, accumulates authority, purges thousands accused of involvement in a failed July coup, and rules by decree. “I don’t care if they call me a dictator.”

Backlash Swells in Germany as Hunt for Terrorist Ends

Sat, 24 Dec 2016 06:51:00 EST

The hunt for the suspect in the deadly attack on a Berlin Christmas market ended in a shootout with Italian police near Milan, but the political fallout was just beginning to gather force.

Berlin Attack Exposes Gaps in European Security Network

Fri, 23 Dec 2016 15:36:14 EST

A wave of nearly uncontrolled immigration, culminating in the 2015 mass arrival of refugees, has exposed Europe to security threats that will linger far into the future.

Merkel Promises to Examine Policies After Truck Attack

Fri, 23 Dec 2016 14:30:50 EST

German Chancellor Angela Merkel on Friday promised an urgent review of the country’s handling of the suspected Berlin Christmas market attacker, saying her government would be ready to change course based on what it finds.

Tunisian Suspect Had a History of Criminal Activity, Extremism

Fri, 23 Dec 2016 10:32:42 EST

Anis Amri had eluded a Tunisian prison term for car robbery, deportation attempts by Italy and Germany, and a terrorism probe in Berlin before becoming the prime suspect in Monday’s deadly truck attack.

U.K. Needs Deal to Ease Into Post-EU Future

Thu, 22 Dec 2016 14:34:21 EST

Because the U.K. won’t have time in the two-year negotiating window to fully retool its relationship with the bloc, it will have to negotiate a transitional deal to cushion the blow—no easy task, Laurence Norman writes.

Violence Bolsters Erdogan's Plan for More Presidential Power in Turkey

Thu, 22 Dec 2016 12:38:34 EST

The country is moving toward a referendum that if approved would give President Recep Tayyip Erdogan near absolute power—and every new terrorist attack is likely to increase his chances of winning the vote.

U.K. Economy Held Steady After Brexit Vote

Fri, 23 Dec 2016 06:16:35 EST

The U.K. economy grew faster than previously thought in the three months following June’s vote to leave the European Union, suggesting there was no significant post-referendum slowdown.

German Authorities Find Suspect's Fingerprints in Truck

Thu, 22 Dec 2016 19:53:34 EST

German investigators said fingerprints found in the truck used in this week’s terror attack pointed to the central suspect as the likely perpetrator, as it emerged that Germany had alerted the U.S. in June that the 24-year-old Tunisian asylum seeker may pose a risk.