Europe
Green pushback in EU may be entering a new phase
The EU has decided to delay and dilute its deforestation regulation after considerable internal and external pressure
EUFrance’s 2025 budget heralds a new era of austerity
Spiralling debt has forced Paris to implement a budget dominated by tax increases and spending cuts
FranceGreek banking sector recovers but some risks remain
The government has completed the divestment of its bank equity holdings
GreeceEast Europe raises Seoul’s nuclear power export hopes
Korea Hydro and Nuclear Power is increasingly looking to Eastern European markets
South KoreaEU will struggle to boost industrial competitiveness
Growing competition from China and the United States is exacerbating the decline of the EU’s industrial competitiveness
EUPact on icebreakers will strengthen US Arctic presence
The United States, Canada and Finland have agreed to coordinate their development of new icebreaking vessels
North AmericaSecurity dominates focus of new European Commission
The new Commission’s priorities revolve around the theme of security, with climate change declining in salience
EUProlonged high costs will hit tourism rebound momentum
Tourism has recovered strongly in 2023 and 2024 but faces headwinds from high costs and geopolitical tensions
International
