1st Jun 2023


EU still needs US military protection, Germany says

"Without the nuclear and conventional capabilities of the US, Germany and Europe cannot protect themselves. These are the sobering facts," German defence minister Annegret Kramp-Karrenbauer said in an online speech Tuesday. Europe ought to boost its defence capabilities, she added, but this was "different from believing that a European army ... [could] replace America completely". French president Emmanuel Macron, on Monday, had said he "profoundly" disagreed with this view, however.

Read and decide

Join EUobserver today

Become an expert on Europe

Get instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

ECB: eurozone home prices could see 'disorderly' fall

The European Central Bank in its Financial Stability Review warned EU home prices could see a 'disorderly' fall as high mortgage rates are making houses unaffordable for households and unattractive for investors.

Adapting to Southern Europe's 'new normal' — from droughts to floods

Extreme weather events in recent months have worsened agricultural production in southern Europe, prompting concerns for authorities in Portugal, Spain, France and Italy. As countries will likely face dryer conditions, experts urge adaptation measures for the 'new normal'.

Join EUobserver

Support quality EU news

Join us