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The EU has already committed to invest hundreds of billions of euros in green tech including solar panels

EU crafts response to US green tech subsidies

The EU will present long-awaited proposals on Wednesday to counter sweeping US subsidies on green tech that threaten Europe's industry, already struggling with soaring energy prices and unfair competition from China.
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European Central Bank president Christine Lagarde has said the eurozone economy will fare 'a lot better' than previously feared

ECB to hike rates again, but outlook brightens

The European Central Bank is expected to push on with its inflation fight Thursday with a fresh rate hike, even as signs grow the eurozone might have passed the worst of an economic shock.
Philips Healthcare headquarters is seen in Best

Philips to cut 13% of jobs in safety and profitability drive

Dutch health technology company Philips will scrap another 6,000 jobs worldwide as it tries to restore its profitability and improve the safety of its products following a recall of respiratory devices that knocked off 70% of its market value.