American economist Jeffrey Sachs © ReutersThe EU should impose a financial transactions tax (FTT) as soon as possible, with or without the US, economist Jeffrey Sachs told EurActiv in an interview. Faced with huge budget deficits and public anger, both the US and the EU will have to impose the tax soon, predicted the American economist.
The European Parliament defied the EU executive today (10 March), casting a vote against an agreement between the EU, the US and other major powers on combating online piracy and threatening to take legal action at the European Court of Justice.
The EU's new commissioner for climate action wants Europe to continue leading global negotiations and pursue deeper emission cuts, even if its current pledge of 20% reductions by 2020 is not matched by other developed countries.
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As most renewable energies are still more expensive than fossil fuels, a variety of support schemes have been put in place to accelarate their...
Introduced by the Lisbon Treaty, the European External Action Service is intended to give the Union a greater role in foreign policy. Yet its...
Fears that tighter controls on CO2 emissions in Europe will drive factories to relocate abroad has led the EU to grant sweeping...
Interviews
Jeffrey Sachs,
Director, Earth Institute, Columbia University
Opinion & Analysis