Business & Economy

May 22, 2026

Europe's Spring Economic Forecast Confirms What Everyone Feared

The European Commission's spring economic forecast confirms the Iran war is dragging growth down while pushing inflation up — creating the worst possible combination for European governments already struggling with debt and defence spending demands.

Business & Economy

May 21, 2026

Europe Wants Bigger Banks. National Governments Keep Getting in the Way.

EU cross-border bank mergers hit an 18-year high in 2025, but political resistance — not economics — is still the biggest obstacle to the banking union Europe says it needs.

Business & Economy

May 20, 2026

Europe Blinks: Brussels Agrees to Implement the Turnberry Trade Deal

Brussels has agreed to implement the Turnberry Agreement — a landmark but contested trade deal with Washington that caps US tariffs on EU goods at 15 per cent and commits Europe to buying $750 billion in US energy. Critics say Europe conceded under threat.

Business & Economy

May 18, 2026

Poland's Onshore Wind Sector Sees a €50 Billion Prize by 2040

Poland could become a European manufacturing hub for onshore wind, with the sector worth PLN 214 billion by 2040 — but only if Warsaw maintains a stable pipeline of new capacity and fixes the turbine technology gap.

Business & Economy

May 18, 2026

Europe Goes to Paris to Beg for Better Terms at a G7 It's Losing

G7 Finance Ministers are in Paris as bond markets flash warnings over the Iran war. Eurogroup President Pierrakakis is pushing for Hormuz clarity and capital markets progress — but Europe enters this room structurally outgunned.

Business & Economy

May 18, 2026

Poland's First Offshore Wind Farm Is About to Switch On. The Sequel Is Already in the Water.

Baltic Power — Poland's first offshore wind farm, 1.2 GW, 76 turbines — is weeks from going live. The sequel is already under construction. Poland's offshore energy ambition is no longer hypothetical.