Category: Politico News

Germany’s Federal Audit Court on Thursday sharply criticized the government for its plan to cap gas prices, implicitly accusing the government of bypassing debt rules with a €200 billion special fund to cover the plan. The condemnation came shortly after German Chancellor Olaf Scholz announced the introduction of a gas price cap to serve as […]

With friends like these, does Liz Truss need enemies? Two of the U.K.’s top international allies — the United States and Germany — have taken potshots at the economic agenda being pursued by the country’s new prime minister, as markets reeled from her plan to go for debt-funded tax cuts in a bid to grow the […]

Pfizer Chief Executive Albert Bourla has pulled out of an appointment to testify before the European Parliament’s special committee on COVID-19, at which he was expected to face tough questions on how secretive vaccine deals were struck. The decision follows an audit report into the EU’s vaccine procurement strategy published earlier in the month that […]

BUCHAREST — Lithuanian diplomat Tomas Lamanauskas won the race to become the next deputy secretary general of the United Nations’ telecoms agency on Thursday, putting an EU official at the center of the work on global telecoms rules. Lamanauskas won the backing of 105 countries. His opponents, Korean official Chaesub Lee and Samoa’s Gisa Purcell, […]

Times must be hard in London: Brexit Britain wants to rejoin Europe’s political community. According to two officials present at a meeting on Thursday, the United Kingdom told its European partners that Prime Minister Liz Truss is not only willing to attend the first gathering of the European Political Community in Prague next week, but […]

Hospital admissions for patients with COVID-19 jumped 48 percent over the last week in England, as experts warn that the first winter wave is starting to impact the health service. Hospital bed occupancy for patients with COVID is up 37 percent compared with the previous seven days. Hospital admission rates are highest in the South […]

The European Commission announced Thursday that it will take legal action against Malta’s investor citizenship or “golden passport” scheme. Under the scheme, Malta offers EU citizenship to foreigners in exchange for an investment in the country of about €1 million. As this sort of citizenship is issued without “any genuine link to the Member State […]

Listen on Spotify Apple Music Google Play EN_Google_Podcasts_Badge Created with Sketch. Stitcher Acast We discuss the implications of Italy’s election last weekend and what its probable next prime minister, Giorgia Meloni, could mean for Europe. Our special guest is Stavros Lambrinidis, the EU’s ambassador to the United States. POLITICO’s Suzanne Lynch and our team covering […]

Only a state actor could have carried out attacks on the Nord Stream pipelines and the most likely culprit is Russia, said the former head of Germany’s federal intelligence agency. “An unnoticed, conspiratorial damage to pipelines at a depth of 80 meters in the Baltic Sea requires sophisticated technical and organizational capabilities that clearly point […]

DUBLIN — Bank of Ireland was hit with an Irish-record €100.5 million fine Thursday for overcharging nearly 16,000 mortgage customers and failing to redress the wrongs for more than a decade. Bank of Ireland admitted 81 regulatory breaches as part of regulators’ investigation into its refusal to keep providing low-cost “tracker” mortgages to customers, even […]