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Economy

Economy

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Electric cars are crucial for EU emissions targets.
Economy|Regulation

Scientists Dismantle Europe’s Zero-Emission Electric Car Myth

Europe’s electric-car revolution was built on a zero that existed only on paper. Scientists now find that battery cars cut life-cy…

Workers face rising living costs.
Economy|Regulation

The Side Hustle Becomes Part of the Family Budget

Across wealthy economies, second jobs are now a routine source of income as housing costs outpace wages. Remote work makes them ea…

Euro banknotes in circulation.
Economy|Regulation

ATMs Disappear as Banknotes Multiply: The European Cash Paradox

Amid fears of cyberattacks and infrastructure failures, physical money is finding a new role as a hedge against uncertainty.

Old houses in Freudenberg, Germany: inherited homes may be cheaper, but often sit in low-demand areas and require costly renovations. Photo: Jorg Greuel/Getty Images
Economy|Regulation

Will Germany’s Baby Boomers Finally Make Homes Cheaper?

Younger buyers hope millions of inherited homes coming onto the market will finally bring down prices. But forecasts suggest the b…

Thirteen EU member states have deficits above 3%.
Economy|Regulation

Déjà Vu? Europe's Fiscal Troubles Echo the 2008 Crisis

The fiscal ground is trembling under the euro, and not even Germany is safe anymore.

Growth of the gambling industry under scrutiny.
Economy|Regulation

EU Gambling Tax Pits Staunch Brexiteer Against Mediterranean Alliance

A proposed EU gambling tax has pulled together strange bedfellows on opposing sides of the political divide, forcing a wider recko…

Texas eases zoning rules.
Economy|Regulation

How Texas Is Winning the Housing Battle

Targeted deregulation of Texas’ housing laws, supported by a bipartisan coalition, appears to be helping the state beat the housin…

Economy|Regulation

Republican E-Verify Mandate Faces Pushback From US Businesses

A Republican push to make a federal work verification program mandatory to crack down on illegal workers has led to clashes with b…

Rosatom remains part of Europe's nuclear supply chain.
Economy|Regulation

Germany Lets Russia into Europe’s Nuclear-Fuel Supply Chain

A Russian state-owned company will supply the technology and licences for nuclear fuel made in Germany. Lower Saxony approved the …

A man in front of the Volkswagen power plant in Wolfsburg.
Economy|Regulation

Europe Cuts Carbon While Asia Doubles Down on Coal

For years, Europe assumed that if it moved first on climate policy, the rest of the world would eventually catch up. That bet has …

Eurozone and weaker growth in 18 of 20 countries.
Economy|Regulation

Does Joining the Euro Come at the Cost of Growth?

An analysis of Eurostat data finds that average growth was lower after euro adoption in 18 of the 20 countries examined – raising …

Minister Karsten Wildberger discusses reduction in bureaucratic costs.
Economy|Regulation

Government Celebrates Bureaucracy Cuts as Public Sector Expands

As Germany’s labor market collapses, public-sector employers are still hiring. The federal government claims to be slashing bureau…

Ursula von der Leyen supports new measures.
Economy|Regulation

EU Offers Industry Relief in Carbon Market Overhaul

Brussels wants to extend free carbon allowances and slow the tightening of its emissions cap as it seeks to protect European indus…

Employees install a sensor on a Volkswagen ID. Buzz.
Economy|Regulation

Europe’s Electric Car Transition Could Cost 726,000 Jobs

A Fraunhofer study warns that Europe’s auto industry could shed up to 726,000 jobs by 2040, with suppliers bearing the brunt as el…

Greek shipowners trade in Russian oil.
Economy|Regulation

Who Is Cashing In on Sanctions Against Russia?

Sanctions against Russia have created a billion-dollar business. Greek shipping companies are making a fortune transporting Russia…

Swedish 100-krona banknotes.
Economy|Regulation

How Cyber Threats Put Cash Back in Sweden’s Wallet

Sweden once moved away from cash because it made shops and banks targets. Now the cashless pioneer is bringing bills and coins bac…

Ukrainian steel producers face impact of EU carbon tariffs.
Economy|Regulation

EU Carbon Tariff Deals Fresh Blow to Ukraine's Steel Industry

The EU carbon tariff, intended to protect European manufacturers, is already taking a toll on war-torn Ukraine. Although the mecha…

Canadian Prime Minister Mark Carney discusses the economy.
Economy|Regulation

Canada’s Immigration Growth Illusion

Canada’s headline GDP kept growing while living standards barely moved. Economists say the country’s experience offers Europe a wa…

A harvester cuts maize in a field.
Economy|Regulation

The EU's New GMO Rules: What They Mean for the Future of Food

After three years of negotiations, the European Union has voted to ease restrictions on new genetically modified foods, a decision…

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