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Venice begins charging tourists entry fee €5 as it looks to find ‘new balance’
Venice has launched a pilot program to charge day-trippers a 5-euro entry fee to manage overtourism. The initiative aims to discourage visitors on peak days and preserve the city for its residents. Despite protests and skepticism among locals, officials hope the fee will provide valuable data to manage tourism better. The fee applies during peak hours, with exemptions for residents and workers.
'Europe could die,' Emmanuel Macron warns, as he calls for stronger defences
President Emmanuel Macron emphasized the need for stronger European defenses and urged against Europe becoming subservient to the US. Concerned about Europe's future, Macron called for integrated defense, citing risks from various pressures like military threats and economic challenges. He advocated for boosting Europe's cybersecurity, closer ties with post-Brexit Britain, and more investment in the defense industry. Macron's speech at Sorbonne University aims to reinvigorate his leadership, especially as his party faces challenges in the upcoming European Parliament elections.
Schengen visa rule to give more Indians a reason to plan European summers
According to the newly adopted visa "cascade" regime for India, Indian nationals can now be issued long-term, multi-entry Schengen visas valid for two years after having obtained and lawfully used two visas within the previous three years. The two-year visa will normally be followed by a five-year visa, if the passport has sufficient validity remaining.
Milan is the latest European city to fight overtourism; may ban ice cream, pizzas post midnight
Milan tackles overtourism with late-night activity restrictions, while European cities like Venice and Amsterdam adopt measures such as tourist taxes, time slot systems, and new hotel development constraints to manage overwhelming tourist numbers.
Visa time for Europe-bound travellers unlikely to fly soon
The European Union announced Monday that, according to the new "cascade" regime, Indians can now be issued long-term, multi-entry Schengen visas valid for two years after having obtained and lawfully used two visas within the previous three years. The Schengen visa is an entry permit valid for 29 European countries, including France, Germany, Spain and Italy.
Europe emerges as hotspot for Indian IT M&As, tops buy chart
Indian IT giants are on a European shopping spree, snapping up companies at a rapid clip. Europe's booming tech sector, outpacing North America, has fueled over a dozen acquisitions since the Covid pandemic.
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Indians can now apply for a multiple entry Schengen visa with longer validity
The European Commission's new visa 'cascade' regime simplifies Schengen visa access for Indian nationals, enabling long-term multi-entry visas. This enhances travel flexibility within the Schengen area, reflecting the deepening EU-India relationship and cooperation on migration policy.
Every country you can visit on a Schengen visa & what not to miss
A Schengen visa allows travelers to explore 27 countries across Europe with a single visa. Here's a detailed list of these countries along with the top five attractions or destinations in each.
India, France further partnership on cultural ties, global commons
Aurélien Lechevallier, Director General for Global Affairs and Cultural and Economic Diplomacy at the French Ministry for Europe and Foreign Affairs, has been appointed as the new Co-chair of the Coalition for Disaster Resilient Infrastructure (CDRI) for two years. The appointment was announced during President Emmanuel Macron's State Visit to India in January 2024. Lechevallier emphasized the importance of investing in resilient infrastructure to save lives and prevent disasters, highlighting the unique capacity of CDRI to leverage international initiatives and tools.
For Nestle, how babies in India are different from Europe when it comes to sugar
Added sugar in baby food products sold in India and Thailand, but not in Germany and UK? A recent report by a Swiss investigative organisaton reveals how Nestle is getting children hooked on sugar in lower-income countries
Europe is the fastest-warming continent, at nearly twice the average global rate, report says
The latest five-year averages show that temperatures in Europe are now running 2.3 degrees Celsius (4.1 Fahrenheit) above pre-industrial levels, compared to 1.3 degrees Celsius higher globally, the report says - just shy of the targets under the 2015 Paris climate accord to limit global warming to 1.5 degrees Celsius.
Why many policies to lower migration actually increase it
Spring surge in Mediterranean crossings triggers negative migration narratives. Politicians categorize migrants, but most fit multiple categories. UK's Rwanda deportation policy. EU's Tunisia deal. MIGNEX research on root causes. Addressing corruption reduces migration aspirations.
IMF chief says productivity, Chinese consumer spending key to boosting global growth
Georgieva told a news conference during the IMF and World Bank spring meetings in Washington that a number of factors are converging to hold back growth in Europe and China, from aging populations to sub-optimal allocations of capital, while the U.S. has far outperformed expectations.
Planning to travel to Europe? Schengen visa delays could be a hindrance
During the holiday season, travelers from Gujarat are drawn to the allure of the European summer, but they face frustration due to the Schengen visa application process. Delays in securing visa appointments, lasting up to two to three months, particularly affect those aiming for Scandinavian destinations. Despite providing all required documentation, obtaining appointments remains challenging, disrupting travel plans.
Mideast-related oil price spike threatens 'relatively good' economic outlook: IMF chief economist
The IMF now expects the world economy to grow by 3.2 percent this year and next, and inflation to continue to ease from its post-pandemic high, hitting 5.9 percent this year, and 4.5 percent next year amid elevated interest rates in many countries.
India's exports to Europe may be affected due to Iran-Israel conflict
Exporters anticipate 10-15% rise in air freight to Europe post Iran's attack. Red Sea crisis diverts cargo to air, inflating costs. Longer routes cause delays and impact engineering exports. Kolkata exporter expects 30-35% reduction in new project exports.
Bumpy ride for electric cars in Europe
Electric cars are a key part of Europe's green transition plans but the road ahead remains littered with obstacles with 10 years to go before a crucial milestone. The market share for electric cars has shrunk from 14.16 percent last year to 12 percent or less since the start of this year, a drop attributed mainly to Germany's decision to abruptly halt subsidies for electric car purchases on Europe's biggest market at the end of 2023.
IMF warns industrial policy no magic cure for slow economic growth
Focusing mainly on subsidies and tax breaks posed risks, given high fiscal costs, the risk of capture by special interests and possible massive mis-allocation of resources, said Era Dabla-Norris, a deputy director of the IMF's Fiscal Affairs Department. Policies that discriminated against foreign firms could also trigger retaliation, entrenching geo-economic rifts.
Dr Reddy's launches migraine management device in Europe
The launch marks the company's entry into digital therapeutics in Europe, the Hyderabad-based drug major said in a statement. Nerivio is approved by the US Food and Drug Administration (USFDA), and is CE-mark certified in Europe. Dr Reddy's launched Nerivio in India last year.
World faced hottest March ever: EU climate agency
The world experienced the hottest March ever, making it the tenth month in a row that is the warmest on record, the European Union climate agency said on Tuesday.
Germany gives controversial green light to cannabis
Germany legalizes recreational cannabis, allowing possession and cultivation. The law faces opposition and concerns about enforcement, health risks for young people, and amnesty for cannabis offences. Supporters emphasize curbing the black market and responsible legalization.
Grassroots revolution: The road to legal cannabis
Germany is set to join the global cannabis revolution on Monday, with a law coming into effect legalising recreational use of the drug. Under federal law cannabis is still illegal, but in practice the law is not enforced.
Record winter warmth cuts gas consumption
North America's record warm anomalies in winter impacted US gas inventories, contributing to a surplus and price slump in the Atlantic Basin. The global warming effects, El Nino conditions, and North Atlantic Oscillation also played significant roles in the warm winter.
Will hesitate to go in a Boeing: French FM
French Finance Minister Bruno Le Maire prefers Airbus for safety over Boeing, praising CEO Guillaume Faury at Europe 2024. He criticizes Europe's norms, highlights family's concerns, and discusses aviation safety and regulations.
UK economy grows by 0.2% in January
Britain's economy grew by 0.2% in January despite the impact of the COVID-19 pandemic and previous recession. GDP was 0.3% lower than a year earlier due to energy import costs, Russia's invasion of Ukraine, and high interest rates. Economists predicted the expansion based on data from the Office for National Statistics and Reuters.
EU countries to demand bloc does more to help farmers, draft statement says
Draft conclusions for an EU summit on 21-22 March, seen by Reuters, showed EU country leaders plan to ask the European Commission to work without delay on "all possible short-term measures, including those to reduce the administrative burden and achieve simplification for farmers".Load More
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