Sunday, October 11, 2026 · Edition №342
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Business

14 stories

Business stories from across Europe.

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Portugal’s Major Sophia Solar Project Cut by 34% After Environmental Concerns

The proposed Sophia solar plant in Beira Baixa has been significantly redesigned following environmental concerns, reducing its capacity, land footprint and impact on sensitive areas.

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Exclusive: Italy Proposes Zero Fees for Digital Euro Payments Under €10

Italy has proposed waiving merchant fees on digital euro transactions below €10, a measure supported by parts of the central banking community as EU lawmakers negotiate the currency’s rollout.

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Patria Completes First F135 Engine Assembly in Finland

The milestone marks the start of F135 engine production in Finland and strengthens the country’s role in the global F-35 production and sustainment network.

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Lithuania Tightens Grain Origin Checks at Klaipeda Port

Lithuania is tightening grain-origin inspections at Klaipeda port as increased shipments from the Kaliningrad region and potential shifts in Black Sea trade raise concerns over cargo origins and competition in the Baltic grain market.

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Croatian Small Businesses Seek Changes to Proposed Tax Rules for 16,000 Entrepreneurs

The Croatian Chamber of Trades and Crafts (HOK) has proposed changes to planned tax rules for flat-rate entrepreneurs, calling for a more moderate increase in the tax burden for businesses earning between €40,000 and €60,000 annually.

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Latvia’s Retail Sector Records Strong Growth in July 2026

Latvia’s retail trade continued to expand in July, with total retail turnover increasing by 7.0% year on year at constant prices, according to calendar-adjusted data from the Central Statistical Bureau (CSB).

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UK Household Energy Bills to Hit Three-Year High as Ofgem Announces 4% Rise from October

Millions of UK households face higher energy costs from October as Ofgem raises the price cap, while rising wholesale gas prices and energy debt add to cost-of-living pressures.

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France Deepens Investment in Saudi Arabia’s Mega-Projects as Partnership Moves Beyond Oil

France and Saudi Arabia expand their economic partnership through major investments in infrastructure, technology, tourism, healthcare and AI, supporting the Kingdom’s Vision 2030 ambitions.

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