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Russia says Europe bought $320 billion in hydrocarbons since 2022

Russia said on Monday that European Union countries had bought $320.7 billion worth of its energy resources since 2022, despite sanctions over the war in Ukraine. The figure fuelled tensions as European officials criticised a US deal to import Russian diesel, while Stockholm called for the bloc to use frozen Russian assets to boost support for Kyiv.

World

Paris Motor Show kicks off as China-EU rivalry heats up

The biennial Paris Motor Show kicks off with a record number of Chinese brands descending on the French capital. European carmakers are fighting back, showcasing their latest models, as the EU announces a deal with China to limit the imports of hybrids. FRANCE 24's Charles Pellegrin has been speaking with CEOs of both Chinese and European carmakers.

World

Chinese cars vs Europe: Who will win the battle for the market?

The biennial Paris Motor Show officially opened this Monday in France. Over 200 auto sector brands will be present, rivalling for attention with their latest models and innovations. This competition for attention mirrors the competition for market share. This is especially true between local European brands and Chinese ones which have seen their sales surge on the continent over the past ten years – prompting accusations of unfair competition. Report by Charles Pellegrin, FRANCE 24’s business editor.

Politics

Citroën bets on nostalgia at Paris motor show amid struggling French sales

French president Emmanuel Macron is paying his customary visit to the Paris Motor Show this morning. This year's show sees electric and hybrid vehicles in the spotlight as European carbuilders seek to roll back years of sliding sales. The sector has been given a boost by China's commitment to stem the flow of Chinese e-vehicles, and some builders, such as the multinational Stellantis are betting on small affordable electric cars to win back customers. And one of the models it has lined up is an electric reboot of a French classic: the Citroën 2CV. FRANCE 24’s Charles Pellegrin interviewed Citr

World

Are European automakers capable of withstanding Chinese competition?

The Paris Motor Show opens its doors today, and with it come mounting economic and diplomatic issues. The European Union has just announced that it has secured a commitment from China to moderate the flow of hybrid vehicles into the block's market. It opens the prospect of cutting China's export by more than a half and could prevent millions of Chinese cars from being shipped to Europe. Are European automakers capable of withstanding this competition and their dependence on China? This report from France 2 and Morgan Ayre.

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World

EU's Covid recovery fund was 'absolutely a success': European Court of Auditors' Pierre Moscovici

2020 was an annus horribilis. Covid stalked the land. Lockdowns, curfews and social distancing were the order of the day. But there was a silver lining: European countries showed themselves to be capable of great solidarity, jointly procuring vaccines and then agreeing on a mammoth post-Covid recovery fund, the Recovery and Resilience Facility (RRF). That fund has disbursed €450 billion in grants and loans to EU member states since 2021. As the RRF enters its crucial final phase, we take stock of the situation with Pierre Moscovici, the French member of the European Court of Auditors (ECA).

Travel

‘A candlelit spa, followed by an ice-cold plunge and a nightcap’: readers’ favourite European wellbeing breaks

From a historic bathhouse in Sweden to forest bathing in Croatia, readers share their favourite places to relax and recharge • Tell us about a small European ski resort – the best tip wins a £200 holiday voucher Tucked away off a pretty shopping street in a beautiful art nouveau building is one of Stockholm’s oldest spas, Centralbadet where a day ticket costs from £23. As winter darkness descends, candles are lit around the pool and a quiet calm envelops you. Swimming by candlelight is a treat. Next a sauna followed by an ice-cold plunge. Afterwards a nightcap is in order so it’s a brisk walk

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World

French astronaut Adenot begins journey back to Earth

French astronaut Sophie Adenot along with the rest of the SpaceX Crew-12 has begun its journey back to earth from the International Space Station. The seasoned helicopter pilot was only the second French woman to travel to space and has now broken the record for the longest continuous stay in orbit by a European astronaut. Her splashdown is scheduled for Thursday off the coast of California.

Topic: European | RocksNews