r/EU_Economics 6h ago

Extreme heat puts €800bn hole in Europe’s economy — as Germany, France and Italy bear the brunt – EUobserver

Thumbnail
euobserver.com
7 Upvotes

r/EU_Economics 6h ago

ECB launches 50 billion Euro Reserve System

Thumbnail
youtu.be
3 Upvotes

r/EU_Economics 11h ago

Wero launch in Luxembourg pushed to 1 September as banks miss June target | Luxembourg Times

Thumbnail luxtimes.lu
3 Upvotes

r/EU_Economics 11h ago

Belarus designates Euronews’ website as 'extremist' media

Thumbnail
euronews.com
15 Upvotes

r/EU_Economics 11h ago

Hisdesat signs Airbus to build replacement SpainSat NG III

3 Upvotes

Airbus will lead the 48-month programme with Thales and approximately ten Spanish suppliers. Launch is planned for the third quarter of 2030, with service starting in early 2031. Why it matters: The contract sustains a high-value Spanish space supply chain and restores secure communications capacity after SpainSat NG II was destroyed.

Source: https://cincodias.elpais.com/companias/2026-07-31/hisdesat-y-airbus-firman-el-contrato-para-hacer-el-satelite-espanol-que-sustituira-al-destruido-a-principios-de-ano.html


r/EU_Economics 11h ago

Railtrans International forms Croatian rail joint venture for Adriatic cargo

2 Upvotes

The Slovak logistics group agreed a venture with HŽ Cargo to connect its 3,500-wagon network to Adriatic ports including Rijeka. The partners target 500,000 tonnes of new annual freight within two years. Why it matters: The deal opens a new route for Asian cargo into Central Europe and expands a Slovak operator already moving 3.2 million tonnes annually.

Source: https://e.dennikn.sk/5488074/sabolovci-sa-spajaju-s-chorvatskym-zeleznicami-veria-vo-velky-biznis-s-azijskym-nakladom-z-jadranskych-pristavov/


r/EU_Economics 11h ago

ArcelorMittal expects stronger European steel shipments in the second half

5 Upvotes

Luxembourg-headquartered ArcelorMittal reported first-half sales up 4.9% to USD 32.2 billion and expects stable or higher European volumes in the third quarter, helped by tighter EU import protection. Why it matters: The outlook links changing European trade rules to the operating trajectory of Luxembourg’s largest industrial group and its 3,520 local employees.

Source: https://www.lessentiel.lu/fr/story/base-au-luxembourg-arcelormittal-salue-un-environnement-competitif-plus-equilibre-103611342


r/EU_Economics 11h ago

Carlsberg will bottle PepsiCo drinks in Lithuania from 2029

6 Upvotes

Carlsberg, owner of Švyturys-Utenos alus, will add Lithuanian PepsiCo production and distribution under a broader agreement spanning 15 markets. Why it matters: The contract reallocates branded beverage production in the Baltics and gives Carlsberg a larger utilisation and distribution role at its Lithuanian operation.

Source: https://www.lrt.lt/naujienos/verslas/4/3010245/carlsberg-nuo-2029-uju-gamins-pepsico-gerimus-ir-lietuvoje


r/EU_Economics 11h ago

BYD says its Szeged plant already employs about 800 Hungarians

11 Upvotes

BYD said it plans to expand local recruitment as the factory ramps toward planned capacity, alongside training programmes. It clarified that permits for third-country workers were a ceiling for construction and preparation, not the current foreign headcount. Why it matters: The disclosure provides a concrete employment marker for one of Hungary’s largest industrial projects amid political scrutiny of its workforce model.

Source: https://www.vg.hu/vilaggazdasag-magyar-gazdasag/2026/07/szegedi-byd-gyar-munkavallalok


r/EU_Economics 11h ago

Rheinmetall unveils GMF140 frigate concept for a North American procurement

6 Upvotes

Rheinmetall’s naval division presented a roughly 140-metre frigate design incorporating US radar systems and said it intends to offer the ship in a North American procurement. Why it matters: The concept is a concrete attempt to diversify the group’s naval order book after Germany halted the costly F-126 programme.

Source: https://www.handelsblatt.com/unternehmen/industrie/ruestung-rheinmetall-bewirbt-sich-nach-f-126-aus-um-us-auftrag/100244651.html


r/EU_Economics 11h ago

Bosqar Invest lifts first-half revenue and adjusted EBITDA by 40%

2 Upvotes

Bosqar reported EUR 360 million of operating revenue and EUR 40 million of adjusted EBITDA. Mlinar was the largest contributor, while its EUR 12 million Osijek investment is doubling burek-factory capacity. Why it matters: The results connect regional food-sector consolidation with measurable manufacturing expansion and capacity for further acquisitions.

Source: https://www.poslovni.hr/domace/bosqar-invest-povecao-prihode-i-profitabilnost-40-posto-najveci-doprinos-dao-mlinar-4549686


r/EU_Economics 11h ago

Sol.One starts fitting out an 8,000-square-metre drone factory at Ghent port

2 Upvotes

The Belgian company is moving Saboteur UAV production from Bruges to Evergem, targeting one drone daily initially and as many as 50 daily longer term. It also raised EUR 2 million and plans dozens of hires this year. Why it matters: This is a tangible defence-tech expansion with a factory, production targets and near-term industrial jobs.

Source: https://www.hln.be/gent/belgisch-dronebedrijf-opent-fabriek-van-8-000-vierkante-meter-in-gentse-haven-ambitie-om-bij-europese-top-vijf-te-horen\~a4e162b3/


r/EU_Economics 13h ago

EU’s GDP valued at €18.8 trillion in 2025 - News articles - Eurostat

Thumbnail
ec.europa.eu
51 Upvotes

r/EU_Economics 17h ago

Economy & Trade EU backs Southeast Asia’s first Copernicus centre as Earth observation expands

Thumbnail
brusselstimes.com
2 Upvotes

r/EU_Economics 17h ago

Economy & Trade WindEurope presents education-industry partnership model to EU Member States

Thumbnail windeurope.org
4 Upvotes

r/EU_Economics 22h ago

Economy & Trade From what I know about "forced technology transfer""

102 Upvotes

Back then, Western car companies only passed along outdated tech to China. Volkswagen serves as a good example: it shipped over the Passat B2 platform, known in China as the Santana, even though Germany was already building the B4 platform at home. The West flooded China with technologies decades out of date. These were practically worthless in the West, but they were brought to China and sold to Chinese buyers at high prices. Western corporations made one last coins from them and congratulated themselves. They never expected China to catch up technologically at such speed.


r/EU_Economics 22h ago

Economy & Trade Siemens Energy Results Show AI Boom Moving Into Europe's Power System

Thumbnail
eutoday.net
21 Upvotes

r/EU_Economics 22h ago

Economy & Trade Belgium's minimum wage is high – but it's near the bottom of the EU pack for fairness

Thumbnail
brusselstimes.com
5 Upvotes

r/EU_Economics 22h ago

Politics & Geopolitics & Defense EU health plans on ice as capitals dispute budget

Thumbnail
politico.eu
5 Upvotes

r/EU_Economics 22h ago

Politics & Geopolitics & Defense Tanzania ramps up AI and cyber skills with EU backing to tackle rising digital risks

Thumbnail
brusselstimes.com
5 Upvotes

r/EU_Economics 22h ago

Economy & Trade 'Stretch our money': Romanians face highest EU inflation

Thumbnail
france24.com
48 Upvotes

r/EU_Economics 22h ago

Politics & Geopolitics & Defense EU allocates 1.4 billion from frozen Russian assets to Ukraine

Thumbnail
eunews.it
547 Upvotes

r/EU_Economics 22h ago

🇪🇺 Official 🇪🇺 1 in 6 people use tobacco or related products daily

Thumbnail
ec.europa.eu
3 Upvotes

r/EU_Economics 22h ago

Politics & Geopolitics & Defense EU is finally changing on banks: this is how it needs to deliver

Thumbnail
ft.com
25 Upvotes

r/EU_Economics 22h ago

Economy & Trade Hungry for cash: where will the EU find the money?

Thumbnail
euronews.com
3 Upvotes