Reports Tagged: EU

March 14, 2023

European Union finance ministers reached a deal today on a broad outline of what the new — and looser — EU fiscal rules should look like to accommodate the large investments

February 15, 2023

Bank of Spain Governor and European Central Bank Governing Council member Pablo Hernandez de Cos, who has distinguished himself as the toughest inflation fighter among his southern European colleagues, warned

January 31, 2023

The European Commission will propose tomorrow, Wednesday, to re-assign existing but unused European Union funds to support the European green industry against competition and subsidies from China and the United

January 20, 2023

The European Commission is proposing to set up new European Union sources of financing in the coming months to keep Europe’s green industry, also called the clean tech sector, from

December 20, 2022

On clear orders from European Union leaders from last week, EU energy ministers reached a deal yesterday on a cap on natural gas prices in Europe to limit gas price volatility

December 08, 2022

Despite a European Union deal on the G7 oil price cap, there has been no real progress on an EU natural gas price cap. After the cap of 275 euros per

November 30, 2022

The three main European Union countries that have been holding out for a lower, more aggressive price cap by the EU and G7 allies on imports of Russian oil via

November 23, 2022

The European Commission proposed yesterday a price cap on pipeline natural gas imports that would be set at the 275 euros/MWh level for the month-ahead contract, and a complex mechanism

October 14, 2022

On Wednesday, October 12, European Union energy ministers agreed that the European Commission should present on October 18 a proposal for joint natural gas purchases by the whole EU, just

October 11, 2022

European Union leaders managed to agree last Friday that they would like natural gas and energy prices more generally to be lower, but that is where consensus ended. How to reach that

October 03, 2022

European Union governments and the European Central Bank are struggling to reconcile two objectives that are contradictory and whose policy responses are pulling the economy in opposite directions: how to

July 22, 2022

On Tuesday, after three months of postponements, China’s Vice Premier Liu He and European Commission Executive VP for Economy and Trade Valdis Dombrovskis held a video link for what was

July 05, 2022

European Central Bank President Christine Lagarde has gone out of her way to translate the ECB’s rather oblique message of “gradualism, optionality, and flexibility” into plain language and explicit interest

May 31, 2022

After weeks of bitter wrangling with Hungary’s Prime Minister Viktor Orban, European Union leaders, as we had been expecting, reached an agreement at their summit on Monday night to ban

May 19, 2022

The European Union is inching closer to a ban on purchases of Russian oil as part of a new package of sanctions on Russia for its invasion of Ukraine, and

May 04, 2022

The European Commission proposed a series of sanctions today that included a ban on all European Union purchases of Russian oil, be it crude or refined, via pipeline or tanker. But,

April 29, 2022

In a series of reports in March, we warned that the demand on March 23 by Russia’s President Vladimir Putin that going forward “unfriendly nations” pay for Russian natural gas

April 05, 2022

The European Commission proposed a fifth package of sanctions today against Russia over its invasion of Ukraine. Originally meant to be more of a maintenance and loophole closing package when

March 31, 2022

Germany’s Chancellor Olaf Scholz spoke yesterday on the phone with Russia’s Vladimir Putin about Moscow’s demand that gas bills be settled in rubles from here on by “unfriendly” countries, like

March 25, 2022

According to China’s state media, President Xi Jinping told Britain’s Prime Minister Boris Johnson in a phone call today that the international community should “truly” promote peace talks, where China