Joe Biden announced on Sunday he would not be seeking re-election as U.S. president in the country’s November election, and endorsed Vice President Kamala Harris to run in his stead. European leaders reacted to the news across sites such as Facebook, Instagram, X and Telegram. Their responses fell into three broad categories: those praising Biden … Read more
In the past, the EU executive has let the bloc’s second-largest economy off the hook, even when its spending burst past the limits. But as populist governments across the Continent pull at the fabric of the European establishment and more fiscally disciplined governments accuse the Commission of turning a blind eye, things are changing. “Increased … Read more
While the signals are now strong that Europe will agree to the U.S.-led proposal to leverage the future profits of the assets to issue a €50 billion loan to Ukraine, countries such as France and Germany fear their taxpayers will be on the hook if Kyiv can’t pay the loan back once the war is … Read more
The European Parliament is planning to vote on a an amendment to rescind Markus Pieper’ s appointment on Thursday | European Parliament 99 problems The so-called “Piepergate” affair adds to a growing list of potential problems for von der Leyen as she seeks a second term. It comes just days after POLITICO revealed that the … Read more
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
Slower growth comes on the back of households counting the pennies as they are confronted with higher borrowing rates and decreasing state help to cover energy costs, which shot up after Russia invaded Ukraine two years ago. “After a bruising 2023, the European economy has emerged a little weaker than expected, although the rebound should … Read more
