German Business Confidence Slips Unexpectedly in December, Ifo Survey Shows

By admin December 17, 2025 No comment

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German business sentiment unexpectedly weakened in December, highlighting ongoing struggles in Europe’s largest economy, according to a survey released by the Ifo Institute. The Ifo business climate index fell to 87.6 from a slightly revised 88.0 in November, defying expectations of a rise to 88.2. Commenting on the data, Ifo survey head Klaus Wohlrabe said […]

Zaporizhzhia Plant Operating on Single Power Line

By admin December 17, 2025 No comment

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The Russian-controlled Zaporizhzhia nuclear power plant in Ukraine is currently running on only one of its two external power lines, Russian management reported on Tuesday. The second line was disconnected due to ongoing military activity, though officials confirmed that radiation levels remain normal. Repair work is planned to restore full power as soon as possible. […]

PSG to Pay Mbappe €60 Million in Court Ruling

By admin December 17, 2025 No comment

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Paris Saint-Germain has been ordered by a French court to pay former striker Kylian Mbappe €60 million (£52.5m) in unpaid salary and bonuses. The ruling stems from a long-running contract dispute, with Mbappe initially seeking €263 million in damages while PSG counter-sued for €240 million. The court recognised that PSG failed to pay three months […]

Thousands of 210-Million-Year-Old Dinosaur Footprints Discovered on Italian Mountain

By admin December 17, 2025 No comment

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Thousands of dinosaur footprints dating back around 210 million years have been discovered on a mountain wall inside Stelvio National Park in northern Italy. The tracks, some measuring up to 40cm wide, appear in long, parallel rows and preserve clear impressions of toes and claws. Scientists believe the footprints were made by prosauropods—long-necked, plant-eating

Tesla Expands Battery Cell Production at German Gigafactory

By admin December 17, 2025 No comment

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Tesla has announced fresh investments to scale up battery cell production at its Gigafactory in Gruenheide near Berlin, aiming to produce up to 8 gigawatt hours of battery cells annually from 2027. The U.S. electric vehicle maker said it will invest an additional three-digit million euro amount, taking total investment in the local battery cell […]

Polish Student Arrested Over Alleged Christmas Market Attack Plan

By admin December 16, 2025 No comment

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Polish security services have detained a 19-year-old university student on suspicion of planning a terrorist attack at a Christmas market that could have caused mass casualties, authorities said. The suspect, identified as Mateusz W., is a student at the Catholic University of Lublin and was arrested in late November at his apartment in eastern Poland. […]

EU Scrambles to Secure Italy’s Support for Mercosur Trade Deal Amid Growing Opposition

By admin December 16, 2025 No comment

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The European Union and Germany are making an urgent push to persuade Italy to support a long-delayed free trade agreement with South America’s Mercosur bloc, warning the deal could collapse if it is not signed soon. The pact, negotiated over 25 years, would be the EU’s largest trade agreement in terms of tariff reductions, but […]

German Business Activity Loses Momentum as Growth Slows in December

By admin December 16, 2025 No comment

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Germany’s private sector growth lost more momentum in December, marking the second straight month of deceleration, according to a PMI survey. The HCOB flash composite Purchasing Managers’ Index fell to 51.5 from 52.4 in November, its lowest level in four months, though it remained above the 50 mark that signals expansion for a seventh consecutive […]

EU Backs Down on 2035 Combustion Engine Ban Amid Carmaker Pushback

By admin December 16, 2025 No comment

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The European Commission is poised to ease its 2035 ban on new combustion-engine cars, allowing up to 10% of sales to include non-electric options like plug-in hybrids and range extenders using CO2-neutral biofuels or synthetic fuels. This reversal follows intense lobbying from Germany, Italy, and Europe’s auto sector, including giants like BMW, Mercedes-Benz,

Romanian Government Survives No-Confidence Vote Amid Reform Tensions

By admin December 16, 2025 No comment

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Romania’s coalition government on Monday survived a no-confidence vote in parliament over its economic policies and reform agenda, marking the sixth such challenge it has overcome in just six months. The motions were largely driven by public opposition to tax increases and spending cuts aimed at narrowing the European Union’s largest budget deficit and protecting […]