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What's News Europe

Last Build Date: Sat, 03 Dec 2016 10:28:48 EST

Copyright: copyright © 2016 Dow Jones & Company, Inc.

Italy Referendum to Set Renzi's Fate

Sat, 03 Dec 2016 03:54:28 EST

When Italians vote on a much-awaited popular referendum on Sunday, they will also be deciding the fate of Prime Minister Matteo Renzi’s government—and expressing the country’s appetite for change.

Surprise U.K. Local Election Result Signals Vulnerability of Pro-Brexit Lawmakers

Fri, 02 Dec 2016 13:56:03 EST

A parliamentary candidate who campaigned on a promise to fight for a softer exit from the EU won a seat previously held by the ruling Conservatives, signaling the vulnerability of Prime Minister Theresa May’s party.

French President Hollande Won't Run for Re-Election

Fri, 02 Dec 2016 02:03:34 EST

President François Hollande said he wouldn’t stand for re-election in May, an unprecedented decision for a French head of state that adds more uncertainty to the presidential race.

EU Chill With Turkey Nears a Freeze

Fri, 02 Dec 2016 05:11:05 EST

European Union leaders are considering freezing Turkey’s membership talks to protest President Erdogan’s post-coup crackdown. What would that mean?

Italians to Stress Test EU Financial Regulators With Referendum

Fri, 02 Dec 2016 04:37:41 EST

Analysts warn that an expected “no” vote when Italians vote on a referendum Sunday could bring political and financial instability, with tougher funding conditions for Italy’s ailing lenders.

German Road-Toll Plan Wins EU Approval After Tweaks

Thu, 01 Dec 2016 15:05:44 EST

The European Union and Germany have resolved a standoff that had put the bloc and its biggest member state on a collision course in Europe’s top court.

Investors See Opportunities in Europe's Political Stress

Thu, 01 Dec 2016 16:55:04 EST

As politics spook European markets, some large fund managers are buying battered stocks and bonds in a bet that worries about rising populist movements are overblown.

Austrian Anti-Immigrant Party Forges Ties to Trump

Thu, 01 Dec 2016 11:07:11 EST

Donald Trump’s election has energized Austria’s anti-immigrant Freedom Party, which sees years of efforts to establish political ties in the U.S. paying off just as its own candidate stands on the verge of the Austrian presidency.

Putin Calls for Cooperation With U.S.

Thu, 01 Dec 2016 17:17:47 EST

Russian President Vladimir Putin reached out to U.S. President-elect Donald Trump in a nationally televised address, appealing to the U.S. to join in Russia’s “fight against international terrorism.”

U.K. Would Consider Paying for EU Access

Thu, 01 Dec 2016 15:20:17 EST

The U.K. would consider making payments to the European Union’s budget to secure the best possible trade access, the minister overseeing Britain’s exit from the bloc said.

European Policy Makers Brace for Italian Stress

Thu, 01 Dec 2016 05:25:54 EST

What more can the ECB do if the outcome of the Italian referendum leads to further volatility? In the short-term not much, Simon Nixon writes.

Germany's G-20 Presidency Destined to Be Difficult

Thu, 01 Dec 2016 01:56:46 EST

As Germany takes over the presidency of the Group of 20, countering populism and protectionism will be at the top of its agenda.

Germany Arrests Suspected Islamist Mole in Spy Agency

Wed, 30 Nov 2016 15:20:09 EST

A suspected mole in Germany’s domestic intelligence service has been detained, sparking criticism of an agency that has been on high alert following a string of attacks and foiled plots.

Bank of England Sees Economic Risks From Trump and Brexit

Wed, 30 Nov 2016 05:25:37 EST

The Bank of England said the outlook for financial stability remains challenging, citing potential risks following June’s Brexit vote and Donald Trump’s victory in the U.S. presidential election.

Italy: The Next Stop on Populism's Global March

Wed, 30 Nov 2016 12:09:44 EST

Sunday’s national referendum represents a vote of confidence in Matteo Renzi’s government, and a possible opening for the populist 5 Star Movement.

Low Rates Prompt Some Savers to Play the Market, Including Sister Lioba

Tue, 29 Nov 2016 21:50:37 EST

German convent long survived by selling milk and candles and collecting interest on bank deposits. When Europe’s central bank began cutting rates, it needed another strategy

U.K. Passes Broad Surveillance Bill That Critics Say Goes Too Far

Wed, 30 Nov 2016 03:33:11 EST

A sweeping British surveillance bill passed into law Tuesday, in an overhaul of spying powers that will require communications companies to keep records of every website and messaging services that individuals have accessed for a year.

Paul Nuttall to Be New Leader of UK Independence Party

Mon, 28 Nov 2016 21:24:32 EST

The euroskeptic UK Independence Party named Paul Nuttall, a longtime deputy to Nigel Farage, to lead the party, which has been riven by infighting since Britain’s vote to leave the European Union.

Russian Campaign in Syria Exposes Defense Gaps

Mon, 28 Nov 2016 10:38:06 EST

A flotilla of Russian warships in the Mediterranean is providing a high-profile show of force in support of the Syrian regime. But the deployment has also thrown into sharp relief the limits of Moscow’s conventional military.

How Iran, Russia Could Derail Oil-Production Deal

Tue, 29 Nov 2016 01:13:38 EST

Iran and Russia have emerged as potentially deal-breaking obstacles to cuts in global oil production as OPEC members engage in a last-minute blitz of diplomacy ahead of a meeting on Wednesday.

ECB's Draghi Warns of Risks of Prolonged Low Rates

Tue, 29 Nov 2016 02:45:25 EST

The warning, which comes as the ECB prepares to decide whether to hold rates down for longer, underlines the dearth of policy choices that central banks face as they seek to further stimulate their economies.

WTO Rules Against Boeing in U.S.-EU Trade Battle

Mon, 28 Nov 2016 12:32:20 EST

Tax benefits granted for production of the company’s 777x jet are considered to be in violation of trade rules, but the ruling might ultimately have no effect in the long-running dispute over commercial plane makers.

Fiscal Hawk Emerges From Sarkozy's Shadows

Mon, 28 Nov 2016 01:54:05 EST

By choosing François Fillon as their presidential candidate, the French center-right has opted for a mild-mannered conservative known for the alarm he has sounded about the country’s high public-debt levels.

Germany Braces for Trump's Trade Policies

Sun, 27 Nov 2016 22:24:18 EST

Germany shipped $125 billion in goods to the U.S. last year—2.5 times what it imported from the U.S. That, however, could shift next year when Donald Trump, a vocal critic of free trade, becomes president.

Lufthansa Pilots Union Pushes for Second Week of Strikes

Mon, 28 Nov 2016 10:27:08 EST

Deutsche Lufthansa’s principal pilots union is escalating the battle with the German flag carrier as it seeks to disrupt flights into a second week.

U.S.-French Operation Targeted Elusive Militant, U.S. Says

Mon, 28 Nov 2016 10:20:05 EST

French aircraft struck and likely killed one of the most wanted senior al Qaeda operatives in southern Libya earlier this month, marking a new level of cooperation between France and the U.S. on targeting militants, U.S. officials said.

Cuban Exiles in Spain Celebrate After Castro's Death

Sat, 26 Nov 2016 22:32:42 EST

Fidel Castro’s death set off rival demonstrations in Spain as anticommunist Cuban exiles celebrated while enduring chants of “Long live Socialist Cuba!” by a larger, nearby crowd of Spaniards.

Iceland Sues U.K.'s Iceland Foods Over Use of Name

Mon, 28 Nov 2016 09:45:56 EST

Iceland is suing U.K. discount supermarket chain Iceland Foods to stop it from prohibiting real Icelandic companies from using the country’s name.

In Spite of Thrifty Image, Germany Raises Pensions

Sat, 26 Nov 2016 10:59:03 EST

There is a ticking demographic time bomb in fast-aging Germany that threatens the country’s generous welfare system. Politicians’ reaction: Spend more money on pensioners.

French Authorities Deploy New Surveillance Powers to Thwart Attack

Fri, 25 Nov 2016 20:01:26 EST

French prosecutors credited recently enhanced surveillance powers for allowing them to foil a planned terror attack directed by Islamic State targeting sites such as Disneyland Paris.

U.K. Post-Brexit Data Shows Investment Growth

Fri, 25 Nov 2016 14:20:43 EST

U.K. business investment rose in the three months following the June vote to leave the European Union, suggesting uncertainty about the future relationship with the EU hasn’t weighed heavily on business sentiment.

Europeans Confront a Zero-Sum World

Fri, 25 Nov 2016 02:35:37 EST

Europe is being buffeted by forces—most recently the U.S. election of Donald Trump—that are calling into question long-held assumptions about the benefits of international cooperation.

EU Parliament Calls for Freeze on Turkey Talks

Fri, 25 Nov 2016 10:13:04 EST

The European Parliament overwhelmingly called for a temporary freeze in talks on Turkey’s bid to join the European Union on Thursday, citing in a largely symbolic vote what it said was deteriorating human rights and democratic standards under President Recep Tayyip Erdogan’s rule.

Armed Man Storms French Retirement Home for Monks

Fri, 25 Nov 2016 10:21:29 EST

Police searched for a masked gunman suspected of stabbing a woman to death in a retirement home for Catholic missionaries in southern France, authorities said.

Migrants Clash With Police in Bulgaria; 200 Detained

Thu, 24 Nov 2016 17:42:19 EST

Some 2,000 migrants were involved in the riots, which reportedly broke out after migrants complained about the camp being quarantined following an alleged outbreak of infectious diseases.

Tensions Flare as Eurozone Bank Watchdog Tries to Bite

Thu, 24 Nov 2016 07:07:47 EST

The ECB’s top bank supervisor is looking to force through painful restructuring at struggling lenders and ensure rules are enforced evenly across the continent. Whether she succeeds will define the bloc’s ability to shake off its banking crisis.

How Brussels Thinks Brexit Should Work

Thu, 24 Nov 2016 04:43:40 EST

EU officials are starting to think pragmatically about an exit deal for the U.K. Simon Nixon explores some of the options.

Turkey Raises Rates for First Time in Almost Three Years

Thu, 24 Nov 2016 10:41:04 EST

Turkey’s central bank raised interest rates for the first time in nearly three years, seeking to counter the economic reverberations of political upheaval at home and joining emerging-market peers in trying to stem a currency selloff.

U.K. Shifts Policy on Public Spending

Thu, 24 Nov 2016 03:09:04 EST

U.K. Treasury chief Philip Hammond said Wednesday he expects billions in extra borrowing over the next few years to support an economy predicted to slow as it exits the European Union.

Merkel Speaks Up for Trade Pact Opposed by Trump

Thu, 24 Nov 2016 01:26:08 EST

German Chancellor Angela Merkel expressed concern about the dim prospects for a sweeping trade pact between the U.S. and Asia, which President-elect Donald Trump opposes, and argued that Europe should keep pushing for trade liberalization.

U.K. Dismisses Trump Suggestion of Nigel Farage as Ambassador to U.S.

Wed, 23 Nov 2016 13:27:49 EST

The U.K. government gave a cool reception to a suggestion by President-elect Donald Trump that Nigel Farage, the outspoken leader of the anti-immigrant UK Independence Party, would make a good ambassador to the U.S.

To Fight Grievances, Russian Farmer Takes Road to Moscow

Tue, 22 Nov 2016 21:20:53 EST

Alexei Volchenko has on four occasions tried—and failed—to make a 775-mile journey to Red Square to gain a hearing with Vladimir Putin. He wants the president’s help in fighting corrupt local courts and land seizures in southern Russia.

Fillon's Focus on the Economy Resonates in French Primary

Tue, 22 Nov 2016 07:27:10 EST

French voters in the first round of a presidential primary for center-right candidates defied pollsters’ predictions by throwing their support behind François Fillon and his establishment brand of fiscal and social conservatism.

French Police Detain Suspects in New Terror Plot

Mon, 21 Nov 2016 17:47:40 EST

French police have detained seven people suspected of plotting a terror attack after an eight-month investigation, French Interior Minister Bernard Cazeneuve said Monday.

New EU Rules Would Force Big Foreign Banks to Hold More Capital in the Bloc

Tue, 22 Nov 2016 09:46:40 EST

The European Union will propose new rules this week requiring big foreign banks to hold extra capital and liquidity inside the bloc, a step mirroring U.S. regulations aimed at strengthening oversight of overseas banks, EU officials said.

Letter Trump's Grandfather Wrote Pleading to Stay in Germany Surfaces

Tue, 22 Nov 2016 02:31:38 EST

An impassioned 111-year old letter written by Donald Trump’s grandfather, Friedrich Trump, appealing his expulsion from his German homeland has turned up in regional German archives.

Pope Extends Abortion-Forgiveness Edict

Mon, 21 Nov 2016 18:06:25 EST

Pope Francis on Monday indefinitely extended the power of priests to forgive the “grave sin” of abortion, one of his signature gestures from the Catholic Church’s just-ended Jubilee Year of Mercy.

EU's New Bomb Is Ticking in the Netherlands

Mon, 21 Nov 2016 03:07:46 EST

The risk to the European project comes from a new generation of Dutch euroskeptics who are less divisive about immigration but utterly committed to the destruction of the EU, Simon Nixon writes.

Sarkozy Is Knocked Out of Race for French Presidency

Mon, 21 Nov 2016 13:09:17 EST

Nicolas Sarkozy’s campaign to reclaim the French presidency came to an abrupt end after a surge of support for his former prime minister, notching a fresh upset in a year of electoral upheaval for the West’s political establishment.

U.K.'s May Pledges to Bolster Science Spending, Cut Corporate-Tax Rate

Mon, 21 Nov 2016 13:55:32 EST

U.K. Prime Minister Theresa May said she would increase spending on science and technology and slash the corporate-tax rate to the lowest in the G-20, a bid to head off uncertainty after the vote to leave the EU.

Merkel to Stand for Fourth Term as German Chancellor

Mon, 21 Nov 2016 01:38:03 EST

German Chancellor Angela Merkel has decided to run for a fourth term next year, launching her re-election campaign at one of the most challenging times the chancellor has seen in her 11 years in office.