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ECB President Christine Lagarde to step down in early 2027, ahead of term end

ECB President Christine Lagarde to step down in early 2027, ahead of term end

European Central Bank President Christine Lagarde will step down from her role on February 7, 2027, ahead of her term's official end. Former De Nederlandsche Bank president Klaas Knot is currently being discussed as a potential successor for the position.

Gas prices keep rising, where will it end? ‘It is deafeningly quiet in The Hague’

Gas prices keep rising, where will it end? ‘It is deafeningly quiet in The Hague’

Natural gas prices in the Netherlands have risen sharply to over 2 euros per cubic meter, driven by geopolitical instability in the Middle East. With no government price cap currently active, many households face significantly higher energy bills as their contracts expire, although experts confirm that supply security remains unaffected.

Warm words in Kyiv, but there is also a commercial interest at play: what is going on?

Warm words in Kyiv, but there is also a commercial interest at play: what is going on?

D66 Member of Parliament Sjoerd Sjoerdsma has traveled to Ukraine to lead a trade and aid mission amidst the ongoing Russian military aggression. Journalist Niels Klaassen is covering the visit, which explores the commercial motivations for engaging with the country during such a critical winter period.

EU backtracks and will not make Canada its first associate member after all

EU backtracks and will not make Canada its first associate member after all

The European Union has decided against naming Canada its first associate member following opposition from several member states and concerns over potential diplomatic friction with the United States. Instead, the two sides will use softer language to describe their deepening cooperation during an upcoming summit in Montreal.

Italy raises bank tax to ease burden on middle incomes

Italy raises bank tax to ease burden on middle incomes

Italy is raising taxes on banks, insurers, energy companies, and the gambling sector to generate over 5 billion euros. These funds will support a 26 billion euro relief package aimed at reducing the tax burden for middle-income workers and the self-employed.