Jorge Valero

Economy & Jobs 24-04-2019

Europe struggles to convince Japan on multilateral agenda

EU leaders will meet with Japanese prime minister, Shinzo Abe, in Brussels on Thursday (25 April) to progress on the bilateral relations, although Tokyo has been reluctant to follow the European ambition on trade and climate action.
Cybersecurity 19-04-2019

Huawei redoubles efforts to rebuild trust as it enters critical period 

Chinese telecom giant Huawei praised Europe’s handling of data and cybersecurity as it seeks to partner with the EU to set global standards to dispel concerns about espionage.
Economy & Jobs 16-04-2019

Trump presses Japan to reject EU demands on WTO reform

Japan refuses to include a reference to a proposed reform of the WTO’s appellate body in the draft conclusions of an upcoming bilateral summit with the EU for fear of upsetting the US, EURACTIV.com has learned.
A Boeing 737-800 Next Generation (NG) aircraft is pictured on the website of Dobrolyot [Photo: Dobrolyot]
Economy & Jobs 12-04-2019

EXCLUSIVE – EU threatens US with €19 billion of tariffs in response to Boeing subsidies

The EU is considering slapping more than €19 billion in fresh tariffs against the US in response to subsidies provided to planemaker Boeing, EU and European officials told EURACTIV.
Economy & Jobs 09-04-2019

EU, China agree on joint statement as Beijing makes last-ditch concessions

EU leaders were set to sign a joint declaration with Chinese leadership on Tuesday (9 April), after Beijing made last-minute concessions to bolster the rules-based international order and to tackle industrial subsidies, European officials told EURACTIV.com.
Climate change 09-04-2019

Google meets Commission to discuss data access in energy markets

Google’s global chief for Energy Market Development will on Tuesday (9 April) meet with senior European Commission officials to stress the importance of data access in the digital transformation of the energy sector, as stricter EU rules entered into force last December.
Economy & Jobs 05-04-2019

US-China talks blocking concessions to EU, Brussels complains

The ongoing US-China trade negotiations are affecting the concessions Europe is seeking from Beijing to save the bilateral summit next Tuesday, as the Chinese authorities are prioritizing now an agreement with Washington, European sources told Euractiv.com.
Economy & Jobs 05-04-2019

Greece gets €1 billion in return for reform progress

The eurozone finance ministers approved on Friday (5 April) the disbursement of €970 million to Greece, following the country's successful implementation of outstanding measures agreed as part of its post-bailout monitoring.
Economy & Jobs 05-04-2019

LEAK: Europe puts pressure on Beijing ahead of EU-China summit

The European Union is ready to refuse signing a joint statement with China at a bilateral summit next Tuesday (9 April), as Europeans request stronger commitment from Beijing on the economy, trade and human rights, according to official EU notes prepared in advance of the summit.
Economy & Jobs 03-04-2019

France maintains blockade to opening EU-US trade negotiations

Member states failed to convince France on Wednesday (3 April) to support the negotiating mandates for the trade negotiations with the US, but hoped to find a compromise to accommodate Paris’ concerns before Easter break.
Economy & Jobs 03-04-2019

EU’s procurement reform faces uphill struggle

A proposal to introduce stricter criteria for foreign bidders to access Europe's multi-billion public procurement market remains deadlocked, as a strong majority of member states remain unconvinced about the benefits of the plan.
Brexit 02-04-2019

Dombrovskis warns of ‘disruptions’ in case of disorderly Brexit

European Commission Vice-President Valdis Dombrovskis warned on Tuesday (2 April) that UK’s disorderly departure from the EU could cause “disruptions” following decades of financial integration and bring volatility to markets and business operations.
Economy & Jobs 02-04-2019

EU watchdog gains new powers to fight money launderers

Member states on Monday (1 April) approved giving new powers to the European Banking Authority (EBA) to fight money laundering and terrorism financing, as part of an improvement of the European supervisory agencies (ESAs).
Banking union 29-03-2019

Lagarde urges European leaders to agree on common guarantee for savings

The Managing Director of the International Monetary Fund, Christine Lagarde, called on eurozone leaders on Thursday (28 March) to complete the banking union by reaching an agreement on the European Deposit Insurance Scheme (EDIS).
Brexit 27-03-2019

Brexit ‘not imminent risk to financial stability’, says bank watchdog 

Despite the volatility that would trigger the UK’s departure from the EU, Brexit does not represent an “imminent risk” to financial stability, according to Single Resolution Board President Elke König.
Economy & Jobs 27-03-2019

Stop demonising China, Varoufakis tells Europe

Greece's former finance minister, Yanis Varoufakis, now standing as a leftist candidate for the European Commission presidency, told the EU on Tuesday (26 March) to stop blaming China for an unbalanced economic relationship because the playing field "was never levelled in Europe".
Brexit 26-03-2019

No deal Brexit ‘increasingly likely’, EU warns

The European Commission has continued efforts to prepare for a disorderly divorce between the EU and the UK, as the risk of a no-deal departure is becoming “increasingly likely”, EU officials said on Monday (25 March).
Economy & Jobs 22-03-2019

‘Don’t be naive with China’, EU leaders tell Italy

EU leaders displayed a united front toward China on Friday (22 March) and warned the Italian government of the consequences of signing a bilateral deal with Beijing to become part of the new ‘Silk Road’.
Economy & Jobs 22-03-2019

Macron, Merkel and Juncker to meet China’s Xi on Tuesday

French President Emmanuel Macron invited German chancellor Angela Merkel and European Commission President Jean-Claude Juncker to join a meeting with Chinese President Xi Jinping next Tuesday (26 March), in a bid to forge a united front in European efforts to rebalance relations with Beijing.
Economy & Jobs 21-03-2019

EU urges China to progress on demands to dispel ‘frustration’

The EU will give Chinese leaders a comprehensive list of demands next month to address the growing “frustration” among Europeans, and to improve bilateral cooperation as it reaches a critical junction, various senior EU officials explained on Wednesday (20 March).
Competition 20-03-2019

Commission fines Google €1.49 billion for illegal practices

The European Commission fined Google €1.49 billion on Wednesday (20 March), after concluding that Google had breached EU laws by restricting rival online advertising services to access third-party websites. 
Competition 20-03-2019

Google braces for multi-million fine in final EU antitrust case

The European Commission is expected to fine Google over its online advertisement services today (20 March), bringing an end to the last outstanding case in a decade-long antitrust battle with the American digital giant. 
Economy & Jobs 19-03-2019

Member states support tougher stance toward China despite warnings

EU’s foreign affairs ministers expressed their “full support”on Monday (18 March) to the EU’s new stance toward China, described as “systemic rival”, as the bloc seeks to rebalance its economic and trade relationship with Beijing.
Economy & Jobs 15-03-2019

EU’s ‘Tobin tax’ now expected to collect only €3.5 billon 

The latest proposal for an EU financial transaction tax (FTT) received lukewarm support earlier this week, with expected revenues brought down tenfold, to €3.45 billion annually, under a watered-down version tabled by France and Germany, according to documents seen by EURACTIV.

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