Jorge Valero

Economy & Jobs 21-02-2020

EU leaders fail to agree on first post-Brexit budget as divisions grow

EU countries failed to narrow deep differences over the bloc's next seven-year budget as a group of net contributors refused to approve bigger spending and instead pushed for big cuts for farmers and poorer regions, in a bid to fill a €75 billion hole left by Brexit.
Future EU 21-02-2020

Summit fails to narrow differences over EU’s seven-year budget

EU leaders broke off in the early hours of Friday (21 February) after failing to make significant progress on the bloc's expenditure for the next seven years. They will reconvene at 10 am this morning to try and make a breakthrough.
Economy & Jobs 20-02-2020

EU eyes single space for European bank cards

The European Commission will present this autumn a strategy on an integrated EU payments market, to facilitate the use of national payment services across Europe and reduce the dependency from international card operators such as Visa or Mastercard.
Economy & Jobs 20-02-2020

Parliament ready to flex its muscles over EU budget in wake of Brexit

Ahead of an EU27 summit on Thursday, the European Parliament is mounting pressure on the member states to agree on an ambitious budget for the bloc, demanding a bigger say in decision-making in the aftermath of Brexit and threatening to reject the bloc's key financial instrument.
Future EU 19-02-2020

Pressure mounts on EU leaders to reach MFF deal within days

The tight calendar, the urgent priorities awaiting the EU and the risk of post-Brexit talks affecting the negotiations are adding pressure on EU leaders to reach an agreement within days on the bloc’s long-term budget. Otherwise, a senior EU official warned, Europe risks facing a “horror scenario” in January next year.
Digital 17-02-2020

Vestager: Facial recognition tech breaches EU data protection rules

The European Commission will take some time before deciding on how to legislate facial recognition remotely, but will not prevent national initiatives from moving ahead on their own, Commission vice-president Margrethe Vestager has said.
Digital 14-02-2020

LEAK: Commission outlines plan to create single EU data space by 2030

The EU wants to create by the end of the decade a genuine single market for data that corresponds to its economic power, prioritising nine "strategic sectors" including health, climate, agriculture and energy, and dedicating up to €6 billion to investment in data centres, according to the Commission’s data strategy seen by EURACTIV.com.
Economic governance 12-02-2020

‘Too early to assess’ the economic impact of coronavirus, Commission says

The European Commission won't consider the effects of the coronavirus outbreak in its updated growth forecast, expected on Thursday (13 February), saying it is "too early" to estimate the impact of the virus on the region’s output, EU sources told EURACTIV.
Economy & Jobs 12-02-2020

Commission warns of Green Deal failure if Transition Fund not well financed

European Commission President Ursula von der Leyen warned on Wednesday (12 February) that the  European Green Deal would fail if member states declined to provide the necessary funds to workers and regions affected by the climate transition.
ASEAN 11-02-2020

Parliament to approve EU-Vietnam trade deal despite human rights ‘concerns’

The European Parliament is set to approve on Wednesday (12 February) a trade agreement with Vietnam, despite some MEPs and NGOs called for postponing their consent until the human rights situation improves in the country.
Economy & Jobs 07-02-2020

Member states ‘in the dark’ over Commission’s talks with the US

A group of EU member states are unhappy about the lack of information from the European Commission on the trade talks with the US and have expressed their “nervousness” about what could be in the deal, various diplomats and European officials told EURACTIV.
Data protection 07-02-2020

Xiaomi president: ‘We invest substantial amounts to be fully compliant with GDPR’

Amid security concerns surrounding Chinese tech giant Huawei, its smaller telecoms rival Xiaomi has been attempting to distinguish itself by focusing on consumer products and non-critical infrastructure.
Economy & Jobs 06-02-2020

This is how Europe is opening the floodgates to ‘green’ money

The European Commission launched on Wednesday (6 February) a consultation with member states, the European Parliament and other stakeholders to review the EU's fiscal rules, the Stability and Growth Pact.
Economy & Jobs 04-02-2020

Coronavirus threatens EU-China agreement in 2020

Concluding an EU-China investment deal this year would be a “real challenge”, even more as the coronavirus will force both sides to cancel negotiation rounds, warned the EU Chamber of Commerce in China.
Economy & Jobs 04-02-2020

Trade MEP chief says national parliaments not needed for post-Brexit ratification

The chair of the European Parliament’s trade committee voiced hope on Tuesday (4 February) that an agreement with the UK could be achieved by November and said national parliaments would not be needed to ratify the deal as it would be an EU-only association agreement.
Brexit 04-02-2020

Gibraltar faces hard border if no special deal by 1 January

Gibraltar’s border with Spain will be reintroduced on 1 January 2021 unless an additional deal is reached between the UK and the European Commission and approved by Spain.
Economy & Jobs 03-02-2020

Europe braces for negotiation storm in 2020

The EU's negotiating skills and unity will be put to a series of tests this year as the bloc seeks to thrash out a deal with the UK and minimise the impact of Brexit, conclude a trade agreement with the US, and finalise its long-term budget for 2021-2027.
Economy & Jobs 29-01-2020

The Brief – Who will be the next Eurogroup president?

The race for the Eurogroup presidency is (unofficially) on and it is still unclear if the current holder, Portuguese Finance Minister Mario Centeno, will stay in the job. But the names of possible candidates to chair eurozone meetings during a critical period for the common currency are already doing the rounds.
Health 28-01-2020

Wuhan team escapes coronavirus to train in Málaga

Wuhan Zall, the football team of the Chinese city at the epicentre of the coronavirus, will arrive in Malága this Wednesday (29 January) for its preseason training.
Economy & Jobs 23-01-2020

OECD chief: ‘Sánchez government is a response to Spain’s political reality’

OECD Secretary-General Ángel Gurría is one of the most-wanted men in the corridors of the World Economic Forum, held this week in Davos (Switzerland). On Wednesday (22 January) he introduced Spanish Prime Minister Pedro Sánchez in the forum as “one of the great champions of multilateralism”.
Economy & Jobs 17-01-2020

Europe to assess whether US-China deal is WTO compatible

The EU will assess whether a US-China deal to roll back some bilateral tariffs in exchange for increased US imports to China is compatible with World Trade Organisation rules, said Trade commissioner Phil Hogan on Thursday (16 January).
Climate change 15-01-2020

‘Green’ alert: environmental risks top Davos report

For the first time in the 15-year history of the Davos risk report, the top five global risks are all environmental, according to the latest survey published on Wednesday (15 January) ahead of the World Economic Forum next week.
Brexit 14-01-2020

Spain pushes for prioritising services in EU-UK deal

Spain on Monday (13 January) called for the inclusion of services in the first phase of EU-UK negotiations on the future relationship, adding more complexity to trade talks that must be concluded before the transition period ends on 31 December.
Economy & Jobs 14-01-2020

EU, US, Japan agree on proposals to limit subsidies

The EU, US and Japan put forward on Tuesday (14 January) a proposal to limit industrial subsidies among WTO members and explored ways to address forced technology transfers, two issues at the core of ongoing trade frictions with China.

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