The European Commission unveiled on 17 April 2026 the first Action Plan under the Pact for the Mediterranean: 21 concrete initiatives across people, economy and security, including a Mediterranean University Initiative and a Firefighting Hub in Cyprus.
After more than 20 years of talks, the EU-Mercosur interim trade agreement applies provisionally from 1 May 2026, creating a trade area of around 700 million consumers across both blocs.
European wind power capacity hit new records in 2025 with major offshore installations. Where the buildout stands in 2026, the bottlenecks, and what comes next.
Eurozone Q1 2026 GDP grew just 0.8% year-on-year as the Iran war reshapes the European economy. What the slowdown means for the months ahead.
The ECB held rates at 2% on 30 April 2026 for a third consecutive meeting, balancing 3% inflation against 0.8% growth, with the Iran war complicating the outlook.
MEPs endorsed an update to the Generalised Scheme of Preferences, the EU main trade tool to give developing economies easier access to the bloc.
MEPs approved 2 million euros in EU support for workers who lost their jobs after Liberty Steel Belgium went bankrupt.
European leaders signed the One Europe One Market roadmap during the Cyprus summit, with deliverables to complete the single market by end-2027.
Investors are betting on a possible ECB rate hike in June or July 2026, with traders fully pricing in three hikes by year-end.
Eurozone inflation reached 3 percent in April 2026 as the Iran war pushed energy prices higher and dimmed prospects of further rate cuts.