Jorge Valero

Brexit 22-06-2017

Politics get final say on post-Brexit agency seats

Leaders of 27 EU member states - excluding the UK -agreed late on Thursday (22 June) on criteria to decide by November the new seats of the European Medicines Agency and the European Banking Authority, which are currently based in London.

Economy & Jobs 21-06-2017

EU mechanism to veto foreign investment ‘not on the cards’

EU leaders will discuss on Friday options to “screen” foreign investment in strategic sectors, but a more far-reaching proposal that would allow blocking takeovers at EU level remains off the table for now.

21-06-2017

The Brief: The EU’s summer of love

Despite many lingering issues, Europeans are once again starting to see the EU as a solution rather than a problem, says European Council President Donald Tusk.

Politics 21-06-2017

Bill Clinton expected to speak at Kohl’s tribute on 1 July

EU leaders and former heads of state from Europe and elsewhere will meet in Strasbourg on 1 July to pay tribute to the late German Chancellor, Helmut Kohl, in the European Parliament.

Brexit 19-06-2017

EU patent court to remain in London despite Brexit… for now

The new EU’s unified patent court will start functioning early next year and would remain in London despite UK’s decision to leave the union, although its future will depend on the outcome of the divorce talks.

Digital 14-06-2017

MEPs demand EU strategy to protect gig economy workers

The European Parliament is expected to adopt a draft report on Thursday (15 June) calling on EU and national authorities to ensure “fair working conditions and adequate legal and social protection for all workers” in the collaborative economy.

09-06-2017

The Brief: The revolt of the citizens

Brussels did its best to read the tea leaves today to figure out the fate of Theresa May and when the Brexit negotiations will actually start after an inconclusive election in the UK.

Digital 09-06-2017

Commission struggles with tax exemptions in EU-wide pension proposal

European Commission Vice-President Valdis Dombrovskis admitted on Thursday (8 June) that full harmonisation across Europe, for the tax regime applied to the upcoming EU-wide personal pension insurance, was "unlikely".

Banking union 07-06-2017

EU banking resolution rules pass credibility test with Banco Popular

The new Single Resolution Board intervened for the first time early this morning (7 June) to save Banco Popular, a troubled Spanish bank whose deposits were protected without using taxpayers’ money after Banco Santander decided to acquire its assets.

Defence policy 07-06-2017

Commission to mobilise €40 billion to beef up defence cooperation

The European Commission proposed today to mobilise €39 billion by 2027 to support the joint development of military capabilities and suggested a NATO-type solidarity clause to respond to cyber attacks.

China 02-06-2017

EU, China turn from trade to climate action to cement relations

The EU and China confirmed today (2 June) their decision to step up their cooperation against climate change. But disagreements over trade soured the end of the summit, as Beijing refused to sign the joint declaration.

Economy & Jobs 01-06-2017

Monte dei Paschi bailout accepted with severe restructuring plan

The European Commission and Italy agreed on a bailout for embattled bank Monte dei Paschi that would pave the way for the injection of billions of euros.

Brexit 01-06-2017

Soros: Britain could reunite with the EU before the divorce is completed

Investor and philanthropist George Soros said today (1 June) that the EU should use Brexit as a “catalyst for introducing far reaching reforms”, transforming itself into an organisation that Britain would like to rejoin before the divorce is completed.

Economy & Jobs 31-05-2017

Moscovici: Referendums not needed to deepen the eurozone

The European Commission backed alternative options to referendums in order to pass major changes needed to deepen the Economic and Monetary Union amid “broader questioning” about the single currency.

Economy & Jobs 30-05-2017

Proposal to block Chinese foreign investment faces uncertain future

Member states disagree on whether it is appropriate to create an EU mechanism to protect strategic sectors despite pressure exerted by the EU's largest countries.

Brexit 24-05-2017

Spain plays down tensions with Catalonia in its bid for EMA

Spanish Minister for Health Dolors Montserrat said today (24 May) that Barcelona is “first in the class” in meeting all the criteria to host the European Medicines Agency (EMA). She also insisted that the central government supports Catalonia's bid to host it after Brexit.

Economy & Jobs 24-05-2017

Schäuble insists EU treaty change now is ‘unrealistic’

Germany's Finance Minister Wolfgang Schäuble said on Tuesday (23 May) that it is "unrealistic" to consider changing European treaties at this stage, calling instead for incremental steps by national governments to move EU integration forward in specific areas.

Brexit 23-05-2017

Portuguese minister: Southern cities better placed to host medicines agency

Portugal is the latest member state to try and poach the UK-based European Medicines Agency after Brexit. In an interview with EURACTIV.com, Portugal’s junior minister for European affairs insisted having two EU agencies based in Lisbon already would not hurt its chances.

Economic governance 23-05-2017

Moscovici: Italy, Portugal, Spain fiscal progress ‘good news’

Portugal, Italy and Spain became yesterday (22 May) illustrative examples of the new period Europe enjoys. The executive congratulated Lisbon and Madrid for turning their economies upside down, just one year after they became the first countries that breached the fiscal rules, while it gave its blessing to Rome’s adjustments, one of the eurozone’s troublemakers.

Banking union 19-05-2017

Dombrovskis adds pressure to adopt deposit guarantee scheme

Amid persistent doubts over some pockets of the banking system, European Commission Vice-President Valdis Dombrovskis, urged reluctant member states to accept the EU proposal to set up a common deposit guarantee scheme.

Economy & Jobs 18-05-2017

Amazon AI chief: We don’t need a ‘kill switch’ for ‘smart’ machines

Ralf Herbrich is one of the three masterminds behind Amazon’s artificial intelligence, the secret formula responsible for the exponential growth of the company that has revolutionised the world of commerce.

Aviation 17-05-2017

Commission gives free hand to capitals to subsidise small airports

The European Commission announced today (17 May) a review of state aid rules that will allow member states to pour millions of euros of support into struggling regional airports without prior approval from Brussels.

Economy & Jobs 12-05-2017

EU to grow faster despite Brexit turmoil

The European Commission on Thursday (11 May) revised upwards its growth forecast for this year and the next, despite the difficult break-up negotiations expected between the EU and the UK, and the long list of challenges affecting the bloc.

Digital 11-05-2017

EU court’s opinion challenges Commission’s pro-Uber stance

An opinion issued today (11 May) by the EU Court of Justice's advocate general said that Uber cannot benefit from lax rules under the service directive, seen by the European Commission as the legal basis for the collaborative economy.