Growth
Peter Mandelson will be UK’s next US ambassador
An announcement on the Blair-era heavyweight’s new role is expected from No.10 Downing Street Friday.
BoE leaves key rate unchanged despite signs of slowdown
Poland’s role in shaping Europe’s energy transition and competitiveness
Europe’s economic apocalypse is now
How you gonna fix Germany?
To ban or not to ban? This is not the question
Prince Andrew spy scandal rocks British establishment
Germany’s Merz rips into his rivals — but might have to work with them soon
The conservative leader’s attacks signal the next government may be just as discordant as the one that recently fell.
Eurozone faces no 2010 wildfire, but a slow-burn decline
The firefighters who put out the blaze a decade ago argue that fears of a eurozone implosion are overblown — but admit that that may not stop a slow and painful European economic demise.
Britain’s bold new world … as a Pacific trading nation
With global free-traders on the back foot amid Donald Trump’s return, the U.K. is placing its bets on the tongue-twisting CPTPP.
Bundesbank says 2025 spells big trouble for German economy
Even the labor market is a problem now, central bank warns.
ECB cuts interest rates again as inflation eases and growth falters
Frankfurt softens the hawkish bias that has colored its policy for the last three years, but it still sees policy as restrictive after a fourth cut this year.
Europe’s AI competitiveness hinges on skills
The rapid rise of AI presents an opportunity to strengthen Europe’s competitiveness, but only if leaders act now to close persistent skills gaps in the workforce.
Labour asked City for views on splitting UK’s financial watchdog
Spencer Livermore took the industry’s temperature on dividing the Financial Conduct Authority.
Biden: Trump’s tax and tariffs plans are a ‘major mistake’
Five weeks after the election, the president took his sharpest swing at Trump’s policy plans.
ECB set to cut rates again and signal easier stance
As Berlin and Paris flounder, expect a stronger lead from Frankfurt.
UK chancellor tells Brussels: We won’t choose Trump over EU
The U.K. finance minister dismissed the idea that Britain would have to pick sides in a possible trade war between the EU and U.S.
UK chancellor heads to Brussels, distracting EU from Trump’s ‘crazy world’
Five years after Brexit, Rachel Reeves will find Europe ready to talk ― as it looks for respite from some of its own troubles.
Markets are rewarding Meloni for resisting French temptation
Yields on debt for the two countries are converging, thanks to instability in Paris and a Rome government that has managed to divide the opposition.
EU bankrolling Putin with growing Russian fuel buys from India, report warns
The EU is paying more for fuel imports made from Moscow’s crude, showcasing the growing failure of its signature price-cap sanction.
Europe in the line of fire as Trump threatens trade war with China
Trump’s punitive tariffs would put Brussels under pressure to cut a defensive deal to fend off a glut of Chinese exports.
Franco-German fight over South American trade deal threatens EU rupture
Ursula von der Leyen granted the wish of her native Germany by flying off to seal an accord with the Mercosur bloc. France, which fiercely opposes the deal, is in uproar.
Keir Starmer’s reset, rated
POLITICO rates the prime minister’s six new “milestones” as he tries to drive change — and turn the polls around.
Starmer’s promise to Brits: You will have more money in your pockets
Economic growth “must be felt by everyone, everywhere,” the prime minister said on Thursday.
Hungary to lose €1B in EU funds by year-end
Cash allocated for poorer regions will be gone for good unless Hungary completes reforms asked by the Commission.
How Keir Starmer hopes to avoid becoming Britain’s Biden
The U.K. prime minister wants voters to feel the benefits of an improving economy — not just hear about them.
Resetting Europe’s Innovation Compass
Europe’s pharmaceutical sector has grown slowly for 25 years and its share of research is shrinking. It’s time to turn things around
Germany’s next chancellor likely to be its weakest
Friedrich Merz wants to make Germany great again, but his country is confronting global risks beyond the control of any domestic leader.
Seizing Europe’s industrial and decarbonized future
Implementing the Draghi report’s recommendations can secure Europe’s competitiveness, economic security and decarbonized future
Von der Leyen’s first Commission: The final verdict
Who’s at the top of the class and who flunked? Here are POLITICO’s grades for each 2019-2024 European commissioner.
British MP to Trump: Lay off tariffs if you want more defense spending
Liam Byrne, Labour chair of the House of Commons trade committee, tells POLITICO summit that president-elect should strike a grand bargain.