Reports Tagged: EU

June 10, 2024

Nationalist and euro-sceptic parties gained ground — as expected — in European elections on Sunday, but for all the attention on those gains the more centrist, pro-European political families retained

January 24, 2024

The European Union is grappling with how to secure 50 billion euros in financing for Ukraine for the next four years, without which Kyiv will not have enough money to

December 21, 2023

European Union finance ministers reached agreement on Wednesday on changes to the Stability and Growth Pact — the EU’s fiscal and debt rules that underpin the euro — to give themselves more

November 08, 2023

European Union finance ministers are slowly getting closer to an agreement on revisions to the Stability and Growth Pact (SGP) rules that govern member states’ fiscal budgets.  They will meet tomorrow (Thursday)

July 13, 2023

Euro zone finance ministers will agree today, Thursday, to move to a restrictive fiscal stance next year to help the European Central Bank fight inflation, and to rebuild fiscal buffers

June 21, 2023

European Union governments agreed today on an 11th sanctions package against Russia. This round focuses primarily on stopping the circumvention of already existing sanctions by third countries and companies that re-export goods to

May 25, 2023

The European Commission asked all European Union governments on Wednesday to end, this year, all subsidies for energy prices that were introduced last year to deal with price spikes after

May 19, 2023

The agenda of the G7 meetings today and tomorrow in Hiroshima, Japan includes a discussion of “de-risking” supply chains away from China, even while seeking to re-engage with Beijing on

May 01, 2023

The European Commission unveiled last Wednesday its long-awaited proposal for revisions to the ambitious, yet increasingly unenforceable, EU Stability and Growth pact rules to better adapt to post-pandemic and climate-change oriented

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