Saturday

4th Feb 2023

Ticker

EU warned on coming steel market wars

EU steel makers could be flooded by cheap products from overseas amid a glut in world stockpiles due to the pandemic, which saw orders fall by up to 75 percent, the EU's trade commissioner, Phil Hogan, has warned. "Third country exporters may well decide to sell their product at below cost or at all cost ... with a view to gaining larger stakes in a smaller EU market," he said.

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Hawkish ECB rate-rise 'puts energy transition at risk'

The European Central Bank raised interest rates by another 0.5 percent to a 14-year high, and expects to hike rates by another half percent in March. But what does that mean for the green transition?

Analysis

MEPs push for greater powers for workers' councils

European Works Councils can play a key role for workers and their unions to bargain effectively — but what are they, why have they been neutered, and why is big business objecting to greater powers?

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