EU member states should vote in favour of imposing definitive trade tariffs on China-made electric vehicles on Friday (4 October), as China will never take seriously a Europe that can be divided and conquered by waving a stick at fearful member states.
The Italian technocrat also warned that member states’ refusal to relinquish control of their domestic banking sectors risks exacerbating Europe’s financial subservience vis-à-vis the US.
The long-simmering crisis at the world's fourth-largest carmaker has now reached a critical point, with lawmakers from the opposition and ruling parties set to question CEO Carlos Tavares on 11 October.
Michel Barnier set out a series of policy priorities spanning spending cuts, immigration, health and more in a wide-ranging speech on Tuesday (1 October), with nudges and nods to Brussels that France was back under control.
The European Commision's recently announced plans to revise EU public procurement rules should ensure social and environmental criteria that are actually entrenched into law, trade unions and sustainability advocates said.
The Hungarian government is set to amend legislation governing public interest asset management foundations (kekva) in an effort to resolve disputes with the European Commission regarding Hungary’s university model change.
Euro zone inflation dipped below 2% for the first time since mid-2021 in September, reinforcing an already solid case for a European Central Bank rate cut this month as a three-year battle to tame runaway price growth nears its end.
Laying out key priorities for the EU's upcoming Clean Industrial Deal, German Economy State Secretary Sven Giegold on Monday (30 September) wants the Commission to prioritise renewable energy, taking a tough line on nuclear power and France’s targets.
The regular issuance of common EU debt along the lines of the bloc’s €806.9 billion pandemic recovery fund is not “essential” for Europe to remain competitive with China and the US, Mario Draghi said on Monday (30 September).
Germany’s Justice Minister wants to reopen negotiations on the EU’s Corporate Sustainability Reporting Directive (CSRD) one day after Germany and 16 other EU countries, received a yellow card from the Commission for missing deadlines to transpose the rules.
The vote was delayed to give Chinese and EU officials time to negotiate an alternative solution to the imposition of tariffs, whereby Chinese carmakers agree to offset state subsidies by selling their EVs at a minimum price.
A debate over how public procurement rules should be reformed and whether they should include social conditionalities such as mandatory collective agreements clauses seems poised to move from Berlin to Brussels in the upcoming months.
Discussions about tariffs on Chinese electric vehicles (EVs) are intensifying following a recent meeting of industry ministers in Brussels on Thursday (26th). Member states are split on supporting these tariffs, with undecided countries like Sweden and Germany potentially abstaining.
While EU industry broadly agreed with former European Central Bank President Mario Draghi’s “valid” diagnosis of Europe’s economic ills, they remained deeply divided on Thursday (26 September) over how to fund the bloc’s bulky investment needs.
The Draghi Report on European Competitiveness underlined the urgent need for the EU to close the competitiveness gap with other regions. Central to this ambition is leveraging private capital to help secure Europe’s future economic strength.
Italy’s Minister for Enterprises Adolfo Urso will seek a broad alliance with other industry ministers on Thursday (26 September) to move the review of EU’s Co2 reduction targets for cars forward but shield the bloc’s 2035 zero-Co2 emissions goal - as long as three key conditions are met.
Ahead of a meeting of industry ministers in Brussels on Thursday (26 September), twenty EU countries signed an initiative to remove single market barriers, an effort they feel has received too little attention by the recent reports by Enrico Letta and Mario Draghi.
Animal testing is still being used for cosmetic products in the EU. The ban on animal testing for cosmetic products is not holding; chemicals used in cosmetics must be tested under REACH regulations, to protect workers.
With billions invested in start-ups that tackle climate change and drive digital advances, Europe's VC industry is not just keeping pace—it's powering the EU's ambitions and setting the stage for a brighter future.
Google has filed an antitrust complaint accusing Microsoft of unfair licensing practices in cloud computing contracts with the EU Commission on Wednesday (25 September).
Deutsche Boerse and Nasdaq are being investigated as part of an European Union probe into possible antitrust violations in financial derivatives.
A spokesperson for Deutsche Boerse said on Tuesday the German stock exchange operator had been searched as part of …