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Europe

World

Superprofit tax, lower climate bonds? EU wants to fight expensive oil

It's not good to take his car. Not because of traffic jams, but because of the price of gasoline that has never been so high in Europe. In a geopolitical context as tense as ever – in the Middle East and Ukraine – the cost of a litre of gasoline is breaking record, as is the cost of diesel.

World

Maciej Witucki: "Taking superprofits, some states like Poland already do"

This week, Caroline De Camaret receives Maciej Witucki, President of BusinessEurope since 1 July 2026. The largest employers' organisation in Europe, BusinessEurope represents over 40 national employers' federations from 35 countries. He is a Polish national and takes stock with us of the European entrepreneurial landscape, its challenges and its avenues for improvement.

Politics

'We have to close defence gaps urgently': EU Parliament Foreign Affairs Committee chief McAllister

We sit down with David McAllister, the chair of the European Parliament’s Foreign Affairs Committee. He talks to us about the security threats facing Europe, and what defence gaps the EU urgently needs to close. For McAllister, the EU is "not at war with the Russian Federation, but we are no longer at peace with Russia". He also believes that the EU is not, as yet, capable of making sovereign decisions in certain areas of defence "because we are too dependent on US capabilities."

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World

G7 members will release 100 million barrels of diesel after US threatens export ban

Members of the Group of Seven bloc of highly industrialised economies on Friday agreed to release 100 million barrels of diesel and crude oil from their reserves over four months, averting a potential US ban on diesel exports. The European Union had earlier pushed back against Washington's threat, with an EU official saying the 27-member bloc “fully” rejected the move.

World

As Europe's balance of power shifts eastward, France & Spain seek to 'reinforce their own positions'

Delano D'Souza is pleased to welcome Carlos Mascarell Vilar, political scientist based in Spain. From his own perspective, Emmanuel Macron's visit to Spain needs to be understood by European power, political legacy, and geoeconomics. France and Spain are seeking to reinforce their bilateral relationship at a moment when the balance of power within Europe is changing rapidly, particularly with the growing importance of countries in the east such as Poland. For Macron, strengthening the Madrid-Paris axis is also part of a broader effort to advance European defence and strategic sovereignty.

World

More than half of Europe faced intense summer heat stress, EU monitor says

A record 52% of Europe faced intense heat stress this summer, the EU’s climate monitor said Friday, as climate change fuelled widespread heatwaves and tens of thousands of excess deaths. Europe recorded its third warmest summer, while western Europe experienced its hottest, with several countries setting national temperature records overall.

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