European Central Bank policymaker Pierre Wunsch said the euro zone faces the risk of "sleepwalking" into excessive interest rate cuts and must be prepared to stop soon, the Financial Times reported on Monday.

The European Central Bank's top policymakers outlined the contours of a looming policy debate on Wednesday, taking opposing views on inflation risks and on how much the bank is still holding back the economy.

U.S. President Donald Trump on Sunday shrugged off the European Union's reported push to block imports of U.S. soybeans and other foods made to different standards, warning such a move would only hurt Europe itself.

The European Central Bank will soon have to discuss taking a break, or ending altogether, its campaign of interest-rate reductions, Executive Board member Isabel Schnabel told the Financial Times.

Brussels has estimated the cost of complying with EU rules at €150bn per year, an amount it wants to slash by €37.5bn by 2029. It has already pared back the effects of some green legislation, for example postponing a controversial anti-deforestation law for a year.

Leading FT correspondents in European capitals discussed how Europe will respond to its economic, political and security challenges in the wake of Donald Trump’s dramatic shift away from long-standing US allies.

Europe must cut taxes on electricity if it wants to help struggling industries become more competitive, the heads of two of the continent’s largest power companies have said.

US President Donald Trump last night threatened to slap 25 per cent tariffs on imports from the EU, claiming the bloc “was formed to screw the United States.” Today, our trade and competition correspondents explain why the European Commission is decamping to India for a goodwill tour,

The US president’s rapid re-engagement with Russia, a country that most European countries see as an existential threat, has sparked frantic discussions on how to collectively bolster Europe’s defensive capabilities and reduce reliance on American troops and weapons.

The EU is considering redirecting €93bn in untapped pandemic ... according to a note from the commission’s regional funds department, seen by the Financial Times. “Investments in R&D directly aiming at developing new technologies for the military ...

High internal barriers and regulatory hurdles are far more damaging for growth than anything America might impose

Donald Trump said he had decided to slap 25 per cent tariffs on imports from the EU, as he lashed out at the bloc, saying it “was formed to screw the United States”. “We have made a decision and we’ll be announcing it very soon. It’ll be 25 per cent,” the US president said during a cabinet meeting on Wednesday.