European Commission President Jean-Claude Juncker decided on Tuesday (13 December) to postpone measures to boost the mobility of service providers across the EU, aiming to avoid “unintended consequences” and a protectionist backlash, EURACTIV.com has learned.
Jobs and Growth Commissioner Jyrki Katainen has insisted that the low-carbon transition and energy savings are needed if Europe’s economy is to be modernised. But he warned against pushing for “insane” efficiency targets and putting too much pressure on industry.
The added value of the investment plan for Europe was questioned once again on Monday (14 November) as an independent report warned that “concerns” remain about its additionality and “possible crowding out” of existing investment.
A protectionist US president and increased European suspicion of a Trump-led America undermine the prospects of a planned transatlantic free trade agreement between the European Union and the United States, various stakeholders said.
A broad majority of MEPs spoke against freezing EU funds for Spain and Portugal at a European Parliament session late on Monday (3 October), saying such a decision would be “immoral”, “unfair”, “counterproductive” and even “illegal”.
The digital revolution in the financial sector will get a helping hand from EU regulators later this year when the European Commission tables new proposals for retail financing, with a clear objective: let the revolution flourish.
A strong group of commissioners was in favour on Wednesday (27 July) of imposing at least a symbolic fine on Spain and Portugal for breaching the Stability and Growth Pact, but Jean-Claude Juncker opted for a zero penalty - supported by German Finance Minister Wolfgang Schauble.
The European Commission hopes to launch an investment plan to tackle the causes of migration from Africa. But the Juncker Plan’s difficulties in the EU could be just a foretaste of the challenges of investing in developing countries. EURACTIV France reports.