Sun 9 Aug 2026
FTSE 100 10,901.09 +0.30%Microsoft 499.99 +7.59%NVIDIA 223.96 +11.56%Apple 313.33 +1.43%Google 353.47 -0.89%S&P 500 7,757.64 +3.58%Nasdaq 26,690.62 +5.19%Dow 54,036.93 +2.96%Russell 2000 3,034.49 +3.52%US 10Y Treasury 4.66% -0.55%Euro Stoxx 50 6,523.86 +1.51%DAX 26,319.45 +2.69%AEX-Index 1,111.47 +0.84%Nikkei 225 65,606.71 +2.90%Hang Seng 25,668.03 -0.84%Gold $4,399.70 +7.43%Silver $63.50 +5.73%Brent Crude Oil $83.55 +5.28%Natural Gas $2.66 -0.75%Copper $6.59 -0.42%GBP/USD 1.3492 0.00%GBP/EUR 1.1668 -0.16%GBP/AUD 1.9088 -0.31%Bitcoin (USD) $65,197 +0.93%Ethereum (USD) $1,923 +0.88%FTSE 100 10,901.09 +0.30%Microsoft 499.99 +7.59%NVIDIA 223.96 +11.56%Apple 313.33 +1.43%Google 353.47 -0.89%S&P 500 7,757.64 +3.58%Nasdaq 26,690.62 +5.19%Dow 54,036.93 +2.96%Russell 2000 3,034.49 +3.52%US 10Y Treasury 4.66% -0.55%Euro Stoxx 50 6,523.86 +1.51%DAX 26,319.45 +2.69%AEX-Index 1,111.47 +0.84%Nikkei 225 65,606.71 +2.90%Hang Seng 25,668.03 -0.84%Gold $4,399.70 +7.43%Silver $63.50 +5.73%Brent Crude Oil $83.55 +5.28%Natural Gas $2.66 -0.75%Copper $6.59 -0.42%GBP/USD 1.3492 0.00%GBP/EUR 1.1668 -0.16%GBP/AUD 1.9088 -0.31%Bitcoin (USD) $65,197 +0.93%Ethereum (USD) $1,923 +0.88%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 31°C Partly CloudyBirmingham 28°C Partly CloudyManchester 22°C CloudyNewcastle 22°C SunnyBristol 27°C SunnyPembroke 20°C Partly CloudyEdinburgh 14°C Light drizzleBelfast 16°C Patchy rain nearbyInverness 16°C Patchy rain nearbyPenzance 20°C SunnyHolyhead 18°C Partly CloudyNorwich 30°C Cloudy
More Info

Brussels’ Schuman Square Redevelopment Faces Setbacks

Advertisement
Follow News in 60 on Facebook

The ambitious redevelopment of Schuman Square in Brussels, intended to transform a congested roundabout into a vibrant urban space, has faced significant delays and budget overruns. Originally envisioned as a green oasis with a striking canopy, the project has been dubbed ‘Europe’s largest frying pan’ due to its stark concrete expanse lacking shade or greenery.

Political wrangling and rising costs have stalled progress, with the canopy’s price escalating from €5 million to €13 million. The caretaker government was unable to secure additional funding amid a political deadlock, leading to the cancellation of the canopy altogether. Instead, officials are now exploring alternative designs that prioritize greenery and water features within the square’s existing constraints.

This situation highlights the complexities of governance in Brussels, where multiple parties and regional authorities complicate decision-making. The project’s delays not only reflect local political challenges but also underscore the impact of broader economic factors, including inflation exacerbated by the pandemic and geopolitical tensions.

As the city aims for completion by summer 2028, the outcome of this redevelopment will serve as a litmus test for Brussels’ ability to manage large-scale urban projects and could influence public perception of the EU’s commitment to fostering livable urban environments.

Source: The Guardian

Read more UK news →

News Category: UK Tags: brussels, europe, infrastructure, politics, urban

Leave a comment

Your email address will not be published. Required fields are marked *