Wednesday

20th Jun 2018

Greek bailout exit takes shape

At a meeting next week, eurozone finance ministers and the IMF are expected to agree on new cash, debt relief measures, and a monitoring mechanism to ensure that Greece can live without international aid for the first time since 2010.

Opinion

Eurozone needs institutional reform

Both the examples of Greece and Italy test the limits of a system with inherent weaknesses that feeds internal gaps, strengthens deficits and debts in the European South, and surpluses in the European North respectively.

Opinion

Europe could lose out in North Korean bonanza

South Korean businesses including Hyundai and Samsung are already scoping investment opportunities. Will North Korea become a 'new Vietnam' opportunity - or more like Myanmar, where slow Brussels policy-making meant EU exporters lost out.

News in Brief

  1. Merkel and Macron agree on eurozone budget
  2. Report: EU to look at outsourcing asylum
  3. EU court orders Le Pen to repay EU parliament
  4. Commission needs time to assess German Dieselgate fine
  5. Merkel and Macron meet over migration and eurozone
  6. Salvini plans census of Roma communities
  7. Slovenia to take Croatia to court in border row
  8. Parliamentary setback over corruption in Romania
EU 'dual quality' food probe to visit Hungary

The Joint Research Centre coordinates the EU-wide campaign to see if citizens in some member states receive inferior versions of products branded under the same name.

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Analysis

Beyond US dispute, EU still aiming at China

On the day it outlined its reaction to US tariffs on steel and aluminium, the EU commission also launched a case against China on property rights - an issue on which EU and US are working hand-in-hand.

NGO testing omitted from new Dieselgate legislation

It was independent organisations that flagged up Volkswagen's emissions scandal in the US - yet a legal clause giving such 'third parties' a role in EU emissions testing has been removed from bill.

Opinion

Nordic states urge U-turn on EU digital tax plans

Finance ministers of the EU's three Nordic countries have urged partners to shelve plans to tax large corporations for their digital turnover. The digital economy should be taxed where value is created, they say.

Italian crisis felt in Spain and wider EU

Collapse of government talks in Rome triggered instability on eurozone markets and controversy over an EU commissioner's comments on Italian democracy.

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Debt relief talks mar Greek bailout exit

While the Greek government has committed to fulfill the last creditors' requirements in the coming month, Europeans and the International Monetary Fund are still far from an agreement on measures to reduce the country's debt in the future.

Visegrad Four 'nothing to hide' on rule of law issue

Central European countries say they have "nothing to hide" on rule of law issues - while justice commissioner Vera Jourova said they should agree to the Commission's controversial budget plans on rule of law conditionality.

EU pessimistic on permanent US trade exemption

EU trade chief said the US will impose tariffs or "other limiting measures" on 1 June, as the EU's offer to start limited trade talks is probably not enough for the protectionist Trump presidency.

Defence firms 'reap benefits' of advice to EU

Six beneficiaries of a €35m defence research grant were also part of the EU expert group that called for more public money in for the military. 'This raises serious concerns about a conflict of interests,' says campaigner Bram Vranken.

Commission 'playing tricks' with EU budget figures

The EU parliament's budget rapporteur complained the Commission is using numbers with a "desire to confuse". According to parliament estimates, the cohesion fund could suffer as much as a 45 percent cut.

Focus

How France escaped EU legal action over chemical ban

A previously-unseen internal paper by the European Commission warned that a French ban of the bisphenol A chemical was "fully disproportionate". However, there was no consensus on starting an infringement procedure against France.

Analysis

EU has no 'magic bullet' against US Iran sanctions

EU leaders in Sofia will discuss how they can protect the bloc's economic interests against US threats to sanction companies doing business in Iran. But their options are limited.

Interview

Car industry 'only listens to targets', warns lead MEP

'You can't reduce your CO2 emissions if you don't have targets in place,' says MEP Miriam Dalli. She will tell the European Parliament on Wednesday cars should be 50 percent cleaner by 2030, whilst the Commission proposed 30 percent.

Poland, Hungary push back at EU budget 'conditionality'

EU affairs ministers held their first discussion on the Commission's long-term post-Brexit budget plans - with cohesion and agriculture cuts, phasing put rebates, and the overall size emerging as major divisions.

Focus

Trump chaos breeds better EU-China relations

The EU has encouraged China to take a leading role in fighting the new US protectionism - but has also insisted that Beijing needs to reform and needs to be fairer to European investors and traders.

Opinion

EU budget must not fortify Europe at expense of peace

Given the European Commission new budget's heavy focus on migration, border management and security, many are asking whether the proposal will fortify Europe at the expense of its peace commitments.

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