Economy & Jobs

10-10-2019

Eurozone sharpens up new anti-shock fund

Finance ministers of the 19-member euro area reached agreement late on Wednesday (9 October) on the details of a "budgetary instrument" for the eurozone, including stronger measures to support countries hit by a sudden economic shock.
09-10-2019

France to convince member states on size of eurozone budget

Since the June agreement on the eurozone budget, blockages have persisted between the 19 members of the euro area. But France is now taking an active role in persuading the others of the need to pin down practical details. EURACTIV France reports.
Competition 08-10-2019

Commissioner hearings LIVE: Margrethe Vestager

The European Parliament is grilling the proposed members of Ursula von der Leyen’s Commission in a series of hearings between 30 September and 8 October. On Tuesday, Danish official Margrethe Vestager, nominated as Executive Vice President for Europe fit for the Digital Age, will be questioned by MEPs
08-10-2019

Commissioner hearings LIVE: Valdis Dombrovskis

On Tuesday (8 October), three executive vice-presidents are lined up for grilling in the European Parliament. This liveblog covers the hearing of Valdis Dombrovskis (Latvia, Economy that Works for People).
Energy 07-10-2019

Will Germany block EIB plans to ditch natural gas?

The European Investment Bank wants to purge its loan books of fossil fuels, including natural gas, by 2020. Although the Bank's final decision is expected to be delivered on 15 October, resistance, especially from Germany, is brewing. EURACTIV Germany reports.
Competition 07-10-2019

CEOs reject watering down Commission’s antitrust powers

A group of European multinational chiefs proposed a modernization of the EU’s competition rules to face the rivalry of US and China’s companies in the digital age, but rejected France and Germany’s proposal to interfere in European Commission’s exclusive powers.
Agrifood 07-10-2019

Tug of war between Madrid and Washington over US tariffs

The Spanish government summoned the US ambassador to Spain, Duke Buchan, on Friday (4 October) to express its opposition to the new tariff increases announced by the Trump Administration. EURACTIV’s partner EFE reports.
04-10-2019

The Brief, powered by ACCA – How best to deal with the Joker?

Donald Trump’s looming tariffs on European products will be the most serious and irrational attack against its main trade partner. Europe is still clueless about how to deal with a man whose impulsive behaviour is bringing down the international system.
04-10-2019

The impact of US sanctions on European goods: a closer look

Scotch single malt whisky, German decals, Spanish stuffed olives, British cotton bed linen... These products have one thing in common: the US plans to tax them at 25%. EURACTIV's partner Ouest-France reports.
04-10-2019

Gentiloni wins broad approval with ‘ambitious’ EU economic and social agenda

Paolo Gentiloni won the European Parliament's approval on Thursday (3 October) to become EU Commissioner for the Economy, with ambitious plans to unblock tax proposals and to design the European unemployment reinsurance  scheme.
03-10-2019

WTO foresees global trade halved in 2019

The World Trade Organisation (WTO) has lowered its global trade growth forecasts for 2019 to 1.2%, compared with its earlier 2.6% prediction issued last spring, with South and Central America bucking the downward global trend. EURACTIV's partner La Tribune reports.
03-10-2019

WTO allows US to hit EU exports with record tariffs over Airbus case

The World Trade Organisation authorised the United States on Wednesday (2 October) to impose tariffs on EU goods worth up to $7.5 billion (€6.8 billion), as a response to illegal subsidies given by European governments to aerospace giant Airbus.
Africa 02-10-2019

EU launches talks on new African trade pact

The European Commission announced on Wednesday (2 October) the launch of negotiations with the five-nation Eastern and Southern African community on a new wide-ranging trade agreement.
02-10-2019

Gentiloni picks Buti as head of cabinet

The Commissioner-designate for economy, Italian Paolo Gentiloni, has picked director-general of ECOFIN, Marco Buti, to become his head of cabinet, three sources confirmed to EURACTIV.com.
01-10-2019

WTO in ‘critical situation’, EU warns

EU member states discussed on Tuesday (1 October) how to address the “critical situation” of the World Trade Organisation, as the US continues to block the renovation of its appellate body, key for the functioning of the institution.
Competition 01-10-2019

The Brief, powered by ACCA – A €1-billion question for candidate Commissioners

German carmaker Volkswagen is nearing a decision to build a new plant in Turkey. Sources close to the company say the multi-brand factory would cost more than one billion euros.
01-10-2019

Hogan convinces MEPs by toughening up trade stance

Phil Hogan obtained late on Monday (30 September) the MEPs’ preliminary approval to become the EU's next Trade Commissioner, promising a tougher stance towards China to ensure the protection of European values, and environmental principles in particular.
Digital 30-09-2019

EU ready to act alone on digital tax if no global deal in 2020

European Union commissioners-designate said the bloc should agree on a digital tax if no deal on the matter was reached at a global level by the end of next year, ramping up pressure on multinationals accused of paying too little.
30-09-2019

Finnish PM says EU ready to tie funding to rule-of-law criteria

Finnish Prime Minister Antti Rinne said on Sunday (29 September) that all EU countries looked ready to accept that EU funding should be made conditional on democratic principles, he told Finland's public broadcaster YLE.
EU-China 27-09-2019

EU and Japan join forces to counter US and Chinese initiatives

The EU and Japan signed on Friday (27 September) a holistic partnership to promote investment projects based on rules-based and sustainable principles, and to counter the risks posed by the US and China.
27-09-2019

France urges Germany to follow its example with budget stimulus

France will cut taxes by more than €10 billion next year and Germany should follow Paris' footsteps with fiscal stimulus to revive its flagging economy, France's finance minister said on Thursday (26 September).
26-09-2019

EU divided over implementation of payments directive

The European Commission questioned on Wednesday (25 September) some member states’ decision to grant at least 18 months to banks for the full implementation of the European Payments Services Directive 2, which requires stronger authentication procedures for online payments.
Competition 24-09-2019

EU justice dismisses Starbucks tax ruling case, upholds Fiat

The EU general court rejected on Tuesday (24 September) the European Commission's decision that Starbucks had enjoyed a selective advantage in the Netherlands but confirmed assessment that Fiat had benefited from an unlawful tax ruling in Luxembourg.
Economic governance 24-09-2019

French business expansion slows amid sluggish eurozone

France's private sector is growing at a slower rate and has reached the lowest level in the past four months, according to forecasts published by IHS Markit on Monday (23 September). For the eurozone, business expansion fell to the lowest level since June 2013. EURACTIV's partner La Tribune reports.

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