When in the aftermath of the Second World War European leaders sought to build a common European future, the first thing they did was to pool the control over two of the most crucial building blocks of the European economy,...
Policymakers are struggling to find the way forward to preserve a future for the European steel industry, once bedrock of the bloc’s industrial economy, which is currently facing the most serious crisis in its history.
President of the Basque Country Íñigo Urkullu today (27 January) called upon the European institutions to put a stop to market dumping and "unfair competition" by Asian economies, particularly in regard to China and the steel sector.
Despite having achieved peace and prosperity, the European project has reached its "lowest point in history," according to policymakers gathered in Florence to celebrate the 61st anniversary of the Schuman Declaration.
A Commission report arguing for the preservation of state aid to the coal industry was criticised by environmentalists as a missed opportunity to end subsidies for what they consider the "dirtiest" of all fossil fuels.
The European Commission presented on 25 July new rules for state aid to the EU's coal industry. Member States will be allowed to finance the closure of coal mines until 2007 and operational subsidies can be given until 2010.