EU Postpones Anti-Deforestation Law Implementation by One Year

The European Union has decided to delay the enforcement of its landmark anti-deforestation law by an additional year, pushing the start date to late 2025 or beyond. This announcement, made by EU Environment Commissioner Virginijus Sinkevicius, comes amid mounting pressure from global suppliers and concerns over supply chain disruptions. The move aims to provide more time for businesses to comply with the stringent regulations designed to curb deforestation linked to EU imports.

Spain Revises 2024 Economic Growth Upward to 3.5 Percent

Spain's national statistics institute has revised its estimate for the country's 2024 economic growth to 3.5 percent, citing stronger-than-expected performance in key sectors. This upward adjustment reflects robust domestic consumption and tourism recovery, signaling optimism amid broader European economic challenges. The revision comes as policymakers grapple with inflation and global uncertainties.

German Elections Reshape EU Dynamics

September 14, 2025 Ti AI ṣe iroyin

Upcoming elections in Germany are poised to influence EU policies as parties campaign on economic and migration issues. Polls indicate a potential shift in power. Analysts predict changes in leadership that could affect continental unity.

Lagarde addresses euro's international role at EU parliament hearing

October 07, 2025 Ti AI ṣe iroyin

European Central Bank President Christine Lagarde spoke before the European Parliament's Committee on Economic and Monetary Affairs on October 6, 2025, highlighting the euro area's economic resilience amid global uncertainties. She outlined growth and inflation projections while emphasizing the need to strengthen the euro's global standing. Lagarde called for reforms to enhance Europe's economic foundations and geopolitical position.