Reports Tagged: EU

October 19, 2021

The European Commission launched a long-anticipated debate today on how to change the European Union’s budget rules so that they better match the new post-pandemic economic realities and address the

September 13, 2021

European Union finance ministers held informal talks this weekend in Brdo, Slovenia, a beautiful spot from what we understand, to kick off discussions on how best to revise the EU

June 09, 2021

Washington and Brussels will use the occasion of the first summit between US President Joseph Biden and European Union leaders next week to bury the hatchet on trade issues carried

June 02, 2021

In an historic, even if anti-climactic moment, all European Union countries completed by May 31 the national ratification procedures needed for joint EU borrowing for the 800 billion-euro (in current

May 24, 2021

Last Thursday, US Treasury Secretary Janet Yellen proposed a 15% level for a global minimum corporate tax rate, down from Washington’s initial 21% proposal. Designed to prevent large multinational corporations

May 19, 2021

The European Union announced on Monday it would suspend an escalation of its dispute with the United States over steel and aluminum tariffs that was started under the Trump administration

May 06, 2021

On Wednesday, the executive European Commission unveiled plans to cut the European Union’s dependency on supply chains from China, and to stop state-subsidized Chinese companies from buying up European firms or

April 20, 2021

Germany’s largest party, the center-right Christian Democratic Union (CDU), selected establishment favorite Armin Laschet in the wee hours of this morning to head the party’s election slate in the race

March 31, 2021

There was consternation last Friday when the German constitutional court suspended the signing into law by the German president of the European Union’s “Own Resources Decision” despite its passage by overwhelming

March 01, 2021

This Wednesday, March 3, the European Commission is likely to lay out the factors it will take into consideration in deciding whether to restore European Union budgetary and borrowing limits

January 20, 2021

The European Commission laid out yesterday an ambitious, long-term strategy for raising the international profile of the euro and EU markets, for greater independence from the dollar and from US

December 03, 2020

Senior officials from Poland have indicated to European Union officials that they might be ready to withdraw Warsaw’s veto of the 1.1 trillion euro budget and 750 billion NGEU fiscal

November 30, 2020

The Eurozone Finance Ministers, anticipating continued economic weakness well into 2021, gave a final push towards agreement on proposed reforms to the European Stability Mechanism bailout funds today. *** Final

October 29, 2020

The alarming surge in Covid infection rates across Europe is putting renewed pressure on the European Parliament and European Union governments to finalize negotiations that have been limping along since

July 29, 2020

Michel Barnier, head of the European Commission task force on Brexit, made headlines last Friday with leaks that he had told European Union ambassadors at a closed-door meeting that his

July 21, 2020

After a grueling four days and nights of negotiations, European Union leaders finally reached agreement early this morning on a highly anticipated “Recovery Fund” designed to help counter the COVID-19

July 10, 2020

European Union officials have been close to unanimous on one point regarding the ongoing 750 billion Euro “Recovery Fund” negotiations, and that is to downplay expectations for an agreement at

June 19, 2020

At today’s just concluded videoconference meeting of European Union leaders, there was universal agreement that Europe needs a recovery package, and that it needs it fast. *** Apart from that,

May 28, 2020

The European Commission rolled out a proposal yesterday for a European Union Recovery Fund that would borrow 750 billion euros against the Commission’s triple-A rating, securitized by the 2021-2027 EU

April 23, 2020

European Union leaders will task their finance ministers in a videoconference today to make operational by June 1 a three-pronged, half-a-trillion euros fiscal package agreement reached on April 9 to