Finance news

624 items · filtered by Ticker: EU

EU summit: Who will pay for the Corona debt?

France wants to postpone the repayment of EU debt and is receiving support from the IMF. It is already clear: Germany bears the brunt of the EU debt.

◇ unclassifiedgermany · europe

21d06/20

Brexit: Ten years of the EU referendum – what Brexit really means

A decade ago the British decided to leave the EU. Brexit has profoundly changed the relationship with the continent and the country itself.

◇ unclassifiedgermany · europe

22d06/19

Germany hews EU’s tough China line with call for ‘Plaza Accord’ talks on yuan

German Chancellor Friedrich Merz signalled a major shift in Berlin’s economic relations with Beijing on Friday, saying the Chinese currency was undervalued by 30 per cent, well above the International Monetary Fund’s estimate of “about 16 per cent”. Speaking in Brussels after a European Council summit, Merz said China was “flooding markets” through the use of “high subsidies”, adding that “subsidising overcapacities” along with a “currency that isn’t convertible freely … is not...

◇ unclassifiedchina · asia · germany

22d06/19

Industrial policy: Long discussions - Europe's China policy threatens to alienate partners like Turkey

Cars, gas, raw materials: Economics Minister Reiche wants to expand economic relations in Ankara - a delicate task, as the EU currently primarily wants to strengthen itself.

◇ unclassifiedgermany · europe · china

22d06/19⚠ war-conflict · 3/5

Flood of imports: According to the study, Germany's China shock is largely self-inflicted - EU initiates change in its policy

An explosive study warns of tariffs against China. According to economists, Germany is losing more world market share than could be explained solely by state-subsidized cheap imports.

◇ unclassifiedgermany · europe · china

22d06/19

EU budget: Merz: “The numbers have to come down”

At the EU summit, Friedrich Merz is calling for a new proposal for the EU budget until 2034. The goal remains an agreement by the end of the year. The Chancellor calls the current template “unaffordable and unbalanced”.

◇ unclassifiedgermany · europe

22d06/19

Community budget: Struggle for new EU budget: Merz pushes for cuts

A new proposal for the next EU budget only provides for small cuts - that is far from enough for Germany. Can the schedule still be adhered to?

◇ unclassifiedgermany · europe

22d06/19

EU budget: According to Merz, EU financial proposals are priceless

The Chancellor is calling for a new proposal for the EU budget from 2028. The previous financial package is not sustainable for Germany.

◇ unclassifiedgermany · europe

22d06/19⚠ war-conflict · 3/5

Ukraine: EU politicians warn of more intensive Russian attacks on Europe

Russian President Putin is under increasing military and economic pressure. In Europe, there is growing concern about an escalation of the hybrid attacks that are already taking place.

◇ unclassifiedgermany · europe · russia

22d06/19

Electric truck transport: Fines for truck manufacturers would be unfair

Companies like Daimler Truck are rebelling against the EU's climate protection rules. The manufacturers are right, because they are not responsible for the fact that there are so few electric trucks on the roads.

◇ unclassifiedgermany · europe

22d06/19⚠ war-conflict · 2/5

Ukraine war: EU divided: who should talk to Putin?

The EU Council President puts out feelers to Moscow - and is whistled back by Merz and Macron. This doesn't go down well with all 27 members. Who should be the voice of Europe now?

◇ unclassifiedgermany · europe · russia

22d06/19

Deutsche Bahn: That's why there are no longer any fries in the on-board bistro

In the future, the railway will forego deep-freezing in its on-board bistros. Popular dishes are being discontinued. This also has to do with an EU regulation.

◇ unclassifiedgermany · europe · uk

22d06/19

No agreement on new taxes could see EU budget shrink by 40%

Capitals remain divided over the Commission’s proposals for new EU-wide taxes to raise €66 billion annually

◇ unclassifiedeurope

22d06/19

EU summit: EU attempts a cautious change of course towards China

Brussels should develop instruments to stop the steeply rising trade deficit without alienating Beijing.

◇ unclassifiedgermany · europe · china

22d06/19

Trade with the EU: How European is Turkey?

Federal Minister of Economics Katherina Reiche visits Ankara. There she emphasizes the common interest that Turkey can at least somewhat qualify as a European industrial producer.

◇ unclassifiedgermany · europe

22d06/19⚠ war-conflict · 3/5

Ukraine war: dispute over Russia's course at the EU summit

The EU has extended its sanctions on Russia by twelve months. However, Bulgaria threatened to veto the new sanctions package. In addition, numerous summit participants criticized Council President Costa for his attempts to contact Russia.

◇ unclassifiedgermany · europe · russia

22d06/19

EU summit: Costa receives support for Russia initiative

Germany and France are putting the brakes on the EU Council President's Russia initiative. But he also has supporters.

◇ unclassifiedgermany · europe · russia

22d06/19

Community budget: Merz on the EU budget: “The numbers have to come down”

A new proposal for the next EU budget only envisages small cuts. Chancellor Merz finds clear words.

◇ unclassifiedgermany · europe

22d06/19⚠ war-conflict · 1/5

Macron, Merz attack EU’s stance on Putin talks

The position of Macron and Merz is that the time is not right to talk to Putin, and when that moment comes, the “E3” of France, Germany and the U.K. should take the lead. submitted by /u/Any-Original-6113 [link] [comments]

Social◇ unclassifiedgermany · europe · russia

22d06/19⚠ war-conflict · 2/5

Economic Challenges: China Shock 2.0: Why the EU needs to rethink customs policy

China owes its competitive advantages to more than just its technological advances. Rürup and Hüther discuss why Europe needs a tougher answer.

◇ unclassifiedgermany · europe · china

22d06/19

EU leaders ask Brussels to come up with new trade weapons to counter China shock

European Union national leaders have asked Brussels to come up with new trade instruments to deal with the economic threat posed by China, following a rare summit debate about Beijing late on Thursday night. After a two-hour discussion, the EU’s executive branch was told to engage with China to try to fix the persistent trade problems, according to a Brussels official. But it was also instructed “to develop and eventually complement the toolbox in the area of trade defence and industrial policy.

◇ unclassifiedchina · asia · europe

22d06/19⚠ war-conflict · 2/5

War against Ukraine: EU Council President angers Merz with Russia initiative

Everyone is talking about how to bring Putin to the negotiating table. The EU Council President thinks: Just do it. But his solo effort is severely thwarted.

◇ unclassifiedgermany · europe · russia

22d06/19⚠ war-conflict · 3/5

+++ Ukraine War +++: Violent argument with EU Council President Costa because of his attempts to contact Russia

EU extends Russia sanctions by twelve months for the first time +++ Lavrov does not see a suitable negotiating partner in the EU +++ The news blog.

◇ unclassifiedgermany · europe · russia

22d06/19⚠ war-conflict · 2/5

Meet the camps fighting over the EU’s €2 trillion cash pot

The fight for the next EU budget is entering a new phase now that some numbers are finally on the table. The spending figures, put forward by the Cyprus presidency in a “nego box”, have given capitals the clearest indication to date how a plan for nearly €2 trillion budget could be divided up. But […]

◇ unclassifiedeurope

22d06/19

Comment: The EU must act against its basic instincts

Trump and Xi are destroying Europe's economy with their aggressive industrial policy. The old continent is threatened with deindustrialization if the EU does not wake up.

◇ unclassifiedgermany · europe

22d06/18⚠ war-conflict · 3/5

War against Ukraine: EU extends Russia sanctions by twelve months for the first time

EU sanctions against Russia previously had to be extended unanimously every six months. This held the potential for blackmail for critical states. A change of government now brings a new situation.

◇ unclassifiedgermany · europe · usa

22d06/18⚠ war-conflict · 2/5

War against Ukraine: Trouble at the EU summit over Costa's Russia initiative

It is said to have only been a short exchange with Russia to open diplomatic channels. But it causes a lot of excitement.

◇ unclassifiedgermany · europe · russia

22d06/18

Diplomacy: EU summit: Kallas and Israel conflict causes criticism

The EU's highest diplomat is said to have compared Israel's policies to the apartheid system - the country reacted by breaking off contact. What do the EU leaders think?

◇ unclassifiedgermany · europe · israel

22d06/18⚠ war-conflict · 2/5

+++ Iran War +++: Witkoff: Iran invites IAEA inspectors to nuclear facilities

New deaths in Israeli attacks in Lebanon +++ Vance: Negotiations begin at the weekend +++ Israel breaks off contact with EU foreign policy chief Kallas +++ The news blog.

◇ unclassifiedgermany · europe · iran

22d06/18

Exclusive: EU prepares tariffs on Chinese plug-in hybrids

Hybrids are exempt from the current tariffs against Chinese car manufacturers. Now the EU Commission wants to close this gap. The EU heads of government could approve the project at the summit.

◇ unclassifiedgermany · europe

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