The European Commission’s proposal to bolster Europe's borders would mean that for the first time the EU will spend more on migration control than on developing Africa, as the determination to ‘fortify’ the Continent prevails among national governments and institutions.
Spain’s socialist government lost on Friday (27 July) a key vote on the revised fiscal path to balance the public accounts, as Pedro Sanchez’s allies abstained calling into question the survival of his fragile minority.
The EU's pledge to import more soybeans from US farmers was the ‘dealmaker’ in the agreement between European Commission President Jean-Claude Juncker and US President Donald Trump to stop the dispute and open trade talks, EU sources told EURACTIV.
Despite EU and Mercosur countries remaining committed to reaching a trade agreement, the European Commission did not endorse the South American bloc’s target to reach an agreement by September, as substantial gaps remain between the two sides.
The European Commission slapped Google on Wednesday (18 July) with a record fine of €4.34 billion for abusing its dominant position and said it would continue to investigate as a “top priority” Google's other businesses for possible additional breaches of market rules. The company said it would appeal.
European Commission President Jean-Claude Juncker will meet with US President Donald Trump at the White House on 25 July in an attempt to repair the strained relations between the transatlantic allies.
Following US President Donald Trump’s latest charge against Europe, EU’s vice-president for Foreign Affairs Federica Mogherini said on Monday (16 July) that the bloc will “always” consider the US as “close friends and partners”.
The European Commission cut expected EU growth for this year by 0.2% compared to its forecast less than three months ago, as output was weaker than expected during the first semester and external risks, especially the trade war, are on the rise.
The European Commission said on Wednesday (11 July) that “all possible options” are on the table to respond to the confirmation of the US tariffs on Spanish ripe olives, seen by the Europeans as ‘not justified’.
European Central Bank President Mario Draghi urged eurozone member states to complete the banking union with a European Deposit Insurance Scheme, noting the “substantial” reduction of risks in the banks’ balance sheets and the benefits of risk-sharing.
The EU and China are speeding up preparatory work for their bilateral summit in Beijing in mid-July. The two sides are trying to agree on a joint position despite differences on trade issues including subsidies and market access.
Austrian Prime Minister Sebastian Kurz prioritised the protection of the external borders during his country's EU Presidency stint, in order to safeguard the Schengen area, as a recent deal between Germany’s conservative parties could lead to a resurrection of the bloc's internal borders.
Despite previous promises to achieve results on eurozone reforms in June, EU leaders postponed until December an agreement on the backstop to wind down failing banks and did not include any date for starting discussions on a European deposit guarantee scheme.
The EU leaders agreed “in substance” on Thursday (28 June) on a set of proposals to improve the World Trade Organisation, which should pave the way for finding common ground with US President Donald Trump and de-escalating the ongoing trade dispute. But Italy blocked their formal adoption until the migration issue was fully addressed.
In the early hours of Friday (22 June), the Eurogroup reached an “historic” deal on a debt relief for Greece, solving the last political hurdle to conclude its rescue programme after more than eight years.
Spain's new Socialist government said on Thursday (21 June) it had “no reasons” to believe that it would miss its deficit target, despite a planned increase to pensioners’ benefits being questioned by the EU institutions.
Dutch Prime Minister Mark Rutte said on Wednesday (13 June) the EU should use the tools that are already available to support reforms and protect the euro, in his latest criticism of proposals to deepen the bloc's integration.
European Commission detailed on Thursday (7 June) plans to strengthen its science and innovation fund, focusing on disruptive innovations and financing “a couple of good missions” that would inspire people as the moon-landing project did, commissioner Carlos Moedas said.