Jorge Valero

Brexit 20-07-2017

No solution in sight for Brexit’s controversial issues

During a second sitting around the negotiating table, the EU and the UK stuck to their guns on the financial obligations London should pay and what court would guarantee EU citizen rights in a post-Brexit world.

Brexit 19-07-2017

UK challenges obligations to every EU programme

British negotiators rejected the EU's demand that they come up with a specific proposal on the bill London would have to pay as part of its exit from the bloc. The UK is questioning its obligations in regards to every line in the EU’s trillion euro multiannual budget, sources familiar with the talks explained.

Juncker Plan falls short of offering green projects, expert group says

The high-level group on sustainable finance proposed on Tuesday (18 July) a new platform to match capital and green projects, as the Juncker Plan did not develop the 'big pipeline' that was expected to unlock the money resting in the pockets of big investors.

Economic governance 17-07-2017

European fiscal board chief: ‘Stop talking about recovery, we are approaching normality’

Arguably, the EU’s economic governance framework is one of the most divisive issues among member states and top priority in Europe’s to-do list of outstanding reforms. Niels Thygesen does not shy away from this challenge. After questioning European Commission fiscal stance for this year recommendation, he proposed a return to a more ‘prudent’ orientation for 2018. In October, he will address one of the hottest topics: whether the application of the Stability and Growth Pact (SGP) unfairly favoured countries like France.

Alcohol 14-07-2017

EU ignores calls for booze ban on flights

The European Commission does not intend to limit alcohol consumption during flights as it is a national competence, despite the fact that officials from popular tourist destinations requested its intervention.

Brexit 12-07-2017

Barnier tells Britain ‘trust needed to build new relationship’

The EU’s chief Brexit negotiator Michel Barnier warned the UK it must honour all its outstanding bills before talking about any future relationship with the Union, urging London to make faster progress in the talks.

Brexit 12-07-2017

UK hits back at EU over national expert layoffs

The UK will retain all the rights and obligations of an EU member state until it leaves the Union and this includes national experts who work in the European Commission, a spokesperson from her majesty's government told EURACTIV.com.

Banking union 11-07-2017

Europe to improve disclosure of ‘bad loans’ for all banks

European authorities will prepare by the end of next year enhanced disclosure requirements on bad loans to all banks as part of an action plan to tackle the risk of non-performing loans (NPL).

10-07-2017

The Brief, powered by Eni – When life gives you lemons… pick up a broom

It’s hard to equate the statue of a 19th century lemon seller with being a capitalist symbol. But one of Hamburg’s most colourful characters wasn’t spared by anti-globalisation protesters last week, some of them eager to share their rampage via their latest iPhones.

05-07-2017

The Brief: Europe, the city upon a hill

With global challenges emerging and international cooperation eroding at roughly the same pace, the presidents of the EU institutions tried to paint Europe as the ‘city upon a hill’, in the same way American politicians used to depict their country.

Economy & Jobs 29-06-2017

Basel III reform ‘unlikely’ by G20 meeting

EU and industry officials say it is “unlikely” that Europe and the US will agree on new rules to strengthen the banking sector by the time of the G20 meeting in Hamburg on 7-8 July.

Economy & Jobs 29-06-2017

Dombrovskis: ‘There is appetite for a pan-European pensions product’

The European Commission will propose a new pan-European personal pension today (29 June). In an interview with journalists, Commission Vice-President Valdis Dombrovskis argues that the new scheme would help save more money in an ageing society.

Banking union 27-06-2017

Liquidation of Italian banks shows limits of banking resolution rules

The European Commission's approval of a €17 billion aid package for an orderly wind-down of Italy's Veneto Banca and Banca Popolare di Vicenza, has sparked doubts about the strict application of banking resolution rules.

Economy & Jobs 26-06-2017

Malmström clashes with Greenpeace over EU-Japan deal’s ‘green’ credentials

EU Trade Commissioner Cecilia Malmström made the case on Monday (26 June) for new trade deals with foreign partners, as fresh criticism emerged about ongoing talks with Japan.

Economy & Jobs 23-06-2017

Leaders tone down Macron’s call for foreign investment scrutiny

A majority of member states on Friday (23 June) resisted a proposal by France, Germany and Italy designed to control and block foreign investment at EU level, citing fears about protectionism.

23-06-2017

Trans-Europe Express: Is Sánchez a man with a plan?

Last month, Pedro Sánchez brought a new and unexpected result to the European ballot box. Sánchez returned to his post as secretary general of Spain’s Socialist Party (PSOE) after a bitter campaign against Susana Díaz, the powerful president of Andalucía who was supported by the barons of the party.

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.

Oil and Industry 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.

Oil and Industry 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".