Friday

23rd Jun 2017

Row between EU ministers halts e-book tax rate

A bill to reduce VAT rates on e-books and e-publications has become the latest victim of a row between the Czech Republic and its partners over its own plan to collect VAT.

Focus

EU and China move to fill US void

At a summit in Brussels, EU and Chinese leaders will attempt to deepen ties on trade and climate as US president Trump plans to pull out of the Paris climate deal.

Italy reaches EU deal on failing bank

After months of negotiations, the European Commission and Italy agreed on the terms of rescue for Monte dei Paschi di Siena bank, including job cuts, salary caps and private sector involvement in the bailout.

News in Brief

  1. UK lacks support of EU countries in UN vote
  2. Spain to command anti-smuggler Mediterranean force
  3. Estonia confirms opposition to Nord Stream 2 pipeline
  4. Ireland and Denmark outside EU military plan
  5. EU leaders renew vows to uphold Paris climate deal
  6. US issues warrant for VW managers, German media say
  7. EU extends sanctions against Russia
  8. Merkel denies Franco-German deal on EU agencies
Final talks on Juncker plan extension

The EU institutions have started the last round of discussions to extend the EU investment plan to 2020, with MEPs already asking for a longer-term mechanism.

Opinion

A positive agreement for Greece

The outcome of the Eurogroup meeting this week leaves a positive footprint, setting the basis for the Greek economy to exit the vicious circle of austerity and debt.

Focus

Trust is 'gold' in digital age

Trust is perhaps the most important resource and the key to building successes, but new Nordic research indicates that challenges may lie ahead in the digital age.

EU wants to fast-track the capital markets union

The European Commission says that Brexit and the loss of the City of London, the EU's main place for finance, is a reason to accelerate the integration of the bloc's financial markets.

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Focus

EU-China united on climate, divided on trade

Within 24 hours of Trump announcing that the US will pull out of the Paris climate accord, EU and Chinese leaders presented a united front on fighting climate change. But divergence on trade plagues the new alliance.

Investigation

The discreet banker of Africa development

The European Investment Bank has grown, largely unnoticed, into the world's largest lender and borrower, but who is really in charge is anyone's guess.

Netherlands ratifies EU-Ukraine treaty

Dutch senate approves ratification, despite a majority of referendum voters expressing opposition last year. The Netherlands should show 'reliability', one senator said.

Portugal held up as symbol of EU recovery

Portugal to sail out of troubled waters after eight years of financial crisis, EU commission predicted, amid broad but "fragile" recovery in European economy.

Opinion

Why the EU doesn't get China's Belt and Road

It is not enough for European officials to simply tell the press that they do not understand the Belt and Road – the vision is clear enough, the point is to decide how to engage with it.