Jorge Valero

Circular economy 18-04-2018

Europeans will have to recycle half of their waste by 2025

European households and businesses will have to recycle at least 55% of their municipal waste by 2025, according to stricter new rules passed by the European Parliament on Wednesday (18 April).
Economy & Jobs 18-04-2018

Commission rules out any concession to avoid Trump’s tariffs

EU commissioner for trade Cecilia Malmström demanded on Wednesday (18 April) a “permanent and unconditional” exemption from US President Donald Trump´s tariffs and said the UE would not negotiate anything "under threat”.
Economy & Jobs 17-04-2018

Macron offers half-hearted defence for waning eurozone push

Emmanuel Macron toned down his ambition of completing the Economic and Monetary Union in a speech to the European Parliament on Tuesday (17 April), as he appears to be losing Germany’s backing and faces mounting pressure at home on unpopular economic reforms.

Syrian crisis adds pressure to break Council unanimity in foreign affairs

European Commission President Jean-Claude Juncker and German Foreign Minister Heiko Maas agreed on Friday to use the already available options to circumvent the required EU member states' unanimity when it comes to addressing foreign challenges including the Syrian war.
EU-China 10-04-2018

Commission satisfied with US trade talks, criticises Chinese IP practices

Trade discussions with the US are progressing well, European Commission vice-president Jyrki Katainen said on Tuesday (10 April). However, he lamented the “deteriorating” business climate in China.
Banking union 10-04-2018

ECB admits negative effect of monetary stimulus on German and Spanish banks   

Amid growing concerns about the profitability of eurozone banks, the ECB said that the monetary decisions adopted after the financial crisis had a neutral effect on the money houses of the single currency area, except for German and Spanish lenders.
Banking union 06-04-2018

Banks urged to improve IT systems to cope with crisis

Banks should invest more in IT infrastructure because providing quality data immediately makes all the difference when a bank needs to be resolved in an orderly fashion, the EU's Single Resolution Board has said.
EU-China 04-04-2018

EU considering taking China to WTO over IP practices

The European Commission is “closely examining” the option of filing complaints against China before the World Trade Organization for their rules and practices on intellectual property, a spokesperson told EURACTIV on Wednesday (4 April).
Economy & Jobs 28-03-2018

Consumers hail proposal to limit transaction costs in EU

The European Commission’s proposals to limit transfer costs to non-euro members and currency conversions abroad were welcomed by consumer and transparency activists, although NGOs complained that it would not benefit migrants’ remittances.
Banking union 27-03-2018

Banks should charge customers higher fees, says ECB

Banks should increase fees and commissions to customers to survive in the low interest rate environment, the ECB has argued in a new report.
Economy & Jobs 26-03-2018

Commission opens the door to solve US tariff dispute

The European Commission is ready to discuss “any issue” the US Administration wants to raise as it seeks to obtain a permanent exemption from the tariffs announced by President Donald Trump.
Economy & Jobs 23-03-2018

Eurozone leaders pledge to conclude banking union by June

Friday's eurozone summit ended with an agreement to finalise the banking union by June, but the future of the fiscal union remains unclear as leaders remained divided.