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Belgian prosecutors have charged five individuals in a bribery investigation linked to Huawei within the European Parliament. Four have been arrested for active corruption and involvement in a criminal organization, while a fifth faces money laundering charges and has been conditionally released. The alleged corruption, which began in 2021, involved discreet payments for political favors disguised as commercial lobbying, including gifts and expenses.
European shares rose, driven by gains in the energy sector, despite mixed economic data. The STOXX 600 index reached a three-week high, influenced by rising euro zone inflation and expectations of interest rate cuts from the European Central Bank. Germany reported higher-than-expected inflation, while Spain's GDP growth remained steady.
Hugh Lawson
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five charged in european parliament bribery linked to huawei
19:59 18.03.2025
European markets rise on energy gains amid mixed economic signals
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Hugh Lawson
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18:22 07.01.2025
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