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Lamborghini and Rolexes seized in massive EU police raid over €600M Covid fraud

Cops said the organized crime group used “advanced technologies” including AI to produce false documents for laundering cash.

Giorgia meloniElisa braunHannah robertsPolice onEuropean public prosecutor officeResilience facilityMinister giorgia meloniEuropean public prosecutorEu fundingEu recovery planLaw enforcement

EU cuts forecasts for eurozone growth ― for the third time

Elections round the world could hit economy further.

Red seaDjibouti generalValdis dombrovskisPaolo gentiloniCommission executive viceEuropean central bankExecutive vice president valdis dombrovskisMiddle eastCommissioner paolo gentiloniEconomic governanceEconomic performanceEu recovery planEuropes economic recoveryNational recovery plans

Joint borrowing is dividing Europe from within

The bloc’s recovery fund is a #NextGenDisaster wrapped in an EU flag.

Bruxelles capitaleCharles michelRalph orlowski gettyEuropean unionEuropean councilEuropean courtEuropean commissionWilfried martens centre for europeanWilfried martens centreFrench president emmanuel macronEuropean council president charles michelAid and developmentBanking unionCapital markets unionElections in europeEmmanuel macron

Germany and EU face a new trilemma

The green transition and economic security are complimentary phenomena that can create a positive feedback loop.

United statesMiguel otero iglesiasaDonald trumpEuropean unionElcano royal instituteEuropean commissionEu councilConstitutional courtAdvisory boardClimate changeGreen new dealSpanish presidencyInflation reduction actCompetition and industrial policyEconomic security strategyEu recovery plan

EU spending rules talks on verge of missing end-of-year deadline

“It’s now possible in the next few hours to have an agreement,” Berlin’s Finance Minister Christian Lindner says. Others aren’t so sure.

Bruxelles capitaleFrance generalChristian lindnerBruno le maireEuropean parliamentFinance minister bruno le maireEconomic governanceEconomic performanceEu recovery planEuropean monetary unionEuropes economic recoveryNational recovery plans

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