South East Asian countries are dragging their feet on a free trade agreement (FTA) with the EU, with officials saying that the countries still need to be convinced of the benefits of the region-to-region deal.
The new German Economy Minister Peter Altmaier will meet with senior US officials on Monday and Tuesday (19-20 March) to discuss the Trump administration's tariffs on steel and aluminium shortly before EU Commissioner Cecilia Malmström arrives in Washington, officials confirmed to EURACTIV.
Despite the uproar following the publication of ‘sweetheart’ deals signed between member states and corporations, countries signed 2053 ‘secret’ unilateral tax agreements with companies in 2016, an increase of 64% compared to the previous year.
The European Commission on Wednesday (14 March) proposed new measures requesting banks to raise more capital against loans turning ‘toxic’ and to develop a European market to sell ‘bad loans’ weighing down their books.
The European Parliament approved the appointment of Spain’s former minister of Economy Luis de Guindos as ECB vice-president but sent a warning signal to the member states to improve the nomination process.
The impulse to bolster the eurozone, sparked by Emmanuel Macron’s victory in France almost one year ago, is losing its vigour as political instability persists and a group of countries have solidified their opposition to bold changes.
The European Commission stressed on Friday (9 March) that Europeans will act “as a bloc” in the face of US steel and aluminium tariffs, after the UK announced that it would negotiate directly with Washington to find a way out for itself.
The European Commission unveiled on Thursday (8 March) its highly expected action plan on sustainable finance, aiming to clarify what can be labelled as "green" investment and potentially lowering capital requirements on asset holders.
European Commission Vice-President Valdis Dombrovskis said on Wednesday (7 March) that he does not intend to amend the regulatory treatment of sovereign debt held by banks following inconclusive discussions at international level.
A number of socialist MEPs are looking for alternatives to German Udo Bullmann's candidature for the presidency of the group, after Gianni Pittella resigned following his election to the Italian Senate.
For the first time in the history of the European Patent Office, a Chinese company came on top in terms of patent applications in 2017, a year that saw a new record in the number of requests for intellectual property protection in Europe.
The EU is in contact with other countries to forge a coordinated response to US President Donald Trump’s decision to impose tariffs on steel and aluminium, but the Europeans warn that they will be prepared to respond “with or without them”.
European Commission Vice-President Jyrki Katainen said on Thursday (1 March) that Europe can compromise on many things, including Brexit, but not on the "more worrisome" threats to the rule of law and media freedom.
The EU legislators requested from the member states on Tuesday (27 February) improvements to the selection process of the bloc's top posts before giving their blessing to the appointment of Luis de Guindos as ECB vice-president.
The European Commission is still hesitant to regulate cryptocurrencies, despite a warning issued by European regulators and bans imposed in other regions following the rising market volatility of digital currencies.
Most EU leaders accepted on Friday (23 February) that they will add more funds to the EU budget after 2020, but European Commission President Jean-Claude Juncker said that funds for farmers and cohesion would still be reduced.
For those who like to describe the EU bubble as the European version of ‘House of Cards’, today we saw its season’s finale. Our very own Frank Underwood secured a post to prolong his power and influence beyond the expected expiry date.
Designated ECB vice-president, Spain’s minister of Economy Luis de Guindos, said on Tuesday (20 February) that the existing expansionary monetary stance should be for “extraordinary times”, as he described the European recovery as solid.
Eurozone finance ministers chose Spanish Economy Minister Luis de Guindos to become the next vice-president of the European Central Bank (ECB), marking the return of Spain to top EU posts after the country lost its chair in the bank's Executive Council.