europe

WORLD

US tariffs could push Europe into long-term recession, expert warns

The automotive sector could face losses of up to 5%, with luxury brands also at risk. The threat of US tariffs on European goods comes at a time when the European economy is already struggling with slow growth. A 10% tariff could reduce profits for European exporters by 1% to 2%, while losses in the […]

Read More
WORLD

Ford plans to cut 4,000 jobs in Europe

Ford, which has owned its Cologne plant for nearly a century, plans to lay off roughly one in four employees at this facility. Globally, the company employs 174,000 people, including 28,000 in Europe. The U.S. automaker announced plans to reduce its European workforce by 4,000 within three years to lower costs. This decision comes amid […]

Read More
WORLD

Wildfires: Europe extends a helping hand to Greece and the western Balkans

Severe wildfires have been devastating the Western Balkans since July, and the European Commission assures that aid is on its way to those in need. On Friday, the European Commission (EC) announced that the EU is continuing its support for countries in the Western Balkans and Greece, both of which are struggling to combat destructive […]

Read More