Draghi backs French-style trade, industrial policy – POLITICO

Draghi backs French-style trade, industrial policy – POLITICO

“First of all, we need to reduce the price of energy,” minister said Draghi. Industry pays two to three times as much for electricity in Europe as in the U.S., and this is “a major competitive disadvantage,” Draghi said, adding that a fragmented and undeveloped energy market across the EU has made the situation worse.  … Read more

Spain’s conservatives shoot down Mario Draghi as EU Commission president – POLITICO

Spain’s conservatives shoot down Mario Draghi as EU Commission president – POLITICO

Spain’s People’s Party is the second-largest member of the EPP after Germany’s Christian Democrats, giving it a strong voice in the party’s personnel choices. French President Emmanuel Macron, who backed von der Leyen for her first term, ignited speculation about an alternative candidate for the Commission’s top post after his camp signaled its support for Draghi. The former ECB president … Read more

Warum es zwischen Macron und Scholz hakt – POLITICO

Warum es zwischen Macron und Scholz hakt – POLITICO

Emmanuel Macron ist in Deutschland und wir analysieren den ersten offiziellen Staatsbesuch eines französischen Präsidenten seit mehr als 2 Jahrzehnten.  Mit POLITICO-Europaexperte Hans von der Burchard sprechen wir über aktuelle Probleme, die die deutsch-franzsösischen Beziehungen prägen: Ukraine-Politik, Handelsabkommen, EU-Reformen. Mit Marion Solletty, Chefredakteurin von POLITICO in Frankreich, wird es um die französische Perspektive gehen und … Read more

EU must find ‘enormous amount’ of money to face global challenges, Draghi says – POLITICO

EU must find ‘enormous amount’ of money to face global challenges, Draghi says – POLITICO

All the participants appeared to agree on what needs to change to boost EU competitiveness, from lowering energy prices to reducing regulatory burdens, but divisions emerged when talking about public money. “They made clear that a lot of discussions would be needed in the months to come,” the Draghi aide said, adding that Draghi called … Read more

‘Everyone is just so tired’ of Charles Michel – POLITICO

‘Everyone is just so tired’ of Charles Michel – POLITICO

And while his U-turn may have been unpopular, European leaders will now get to focus on the decision to support Ukraine rather than discussing succession plans, as Michel will stay on until the end of November instead of taking up his European Parliament seat in mid-July.  Those who defend him say there was little pressure … Read more

Christine Lagarde makes a poor central banker, ECB staff say  – POLITICO

Christine Lagarde makes a poor central banker, ECB staff say  – POLITICO

Press play to listen to this article Voiced by artificial intelligence. FRANKFURT — On the global stage, European Central Bank President Christine Lagarde still exudes the air of an international rockstar of finance, but back home her records just won’t sell.  Most participants in a trade union survey of ECB staff, seen by POLITICO, said … Read more

Make Mario Draghi European Council chief, Renzi says – POLITICO

Make Mario Draghi European Council chief, Renzi says – POLITICO

Press play to listen to this article Voiced by artificial intelligence. ROME — Matteo Renzi has a dream: An Italian centrist will take over one of the EU’s most powerful jobs as president of the European Council. Following an announcement that the incumbent, Charles Michel, plans to run in the European Parliament elections in June, … Read more