Markus Ferber (another German) who is the center-right coordinator for economic files, will determine Berger’s replacement within the next week. Among the names being floated to fill the role is a former Spanish central banker Fernando Navarrete Rojas. The digital euro is a virtual counterpart to euro coins and banknotes that the European Central Bank … Read more
Ling Ji, China’s vice minister of commerce, told Czech officials on Sunday that “China disagrees with and does not accept” this decision, according to a statement released by the Chinese Ministry of Commerce. He also said that Beijing hopes that the Prague government will “play an active role” in creating “political will and negotiation sincerity … Read more
China is anxious to fend off the European Union’s “divide and conquer” tactics during their electric vehicle (EV) tariff negotiations to maintain a united front and steer future talks, analysts said. Chinese EV manufacturers should, they added, also not be influenced as the EU insists on the right to approach firms individually. China and the … Read more
“Rather than new legislative proposals, we can achieve our objectives by better implementing and enforcing existing legislation while using incentives and new market-based tools to promote change,” Hansen said in reply to a question on whether the EU’s executive would propose the framework next year. Costas Kadis Cyprus’ Costas Kadis, the commissioner candidate for fisheries … Read more
The deadline for putting forward names for the next European Commission is the end of August. With that date approaching fast, and now that Ursula von der Leyen is back from her summer holiday in Germany, here are the nominees so far (remember that all of them, except for von der Leyen herself, need to … Read more
“The two sides agreed to engage on the basis of facts and in full respect of WTO rules,” he added. “The EU side emphasized that any negotiated outcome to its investigation must to effective in addressing the injurious subsidization.” The two sides will “continue to engage at all levels in the coming weeks.” The EU … 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
“We are facing the green and digital transformation of our economies … and it’s very important that in this process we are not leaving countries and regions behind,” Dombrovskis said, speaking ahead of the celebrations of 20 years of Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia joining the EU. … Read more
“It’s been very successful,” said Daniel Mullaney, the former top U.S. negotiator on trade issues with Europe, of the TTC. “We’ve had high-level attention, including at the presidential levels, on all of these issues. That’s kept the momentum going.” The question now is what happens if Trump wins back the White House in November. Even … Read more
Even though it would rather be the State Chancellery that’s liable for any potential abuse — and not Kariņš himself — he’s now on the way out. As prime minister, he allegedly spent €600,000 on charter flights from the state budget. On top of that, the EU wired another €557,000 to Riga for his trips, … Read more
