Saturday

10th Apr 2021

Opinion

Why you shouldn't trust Ireland's economic statistics

It's not just that Ireland is the EU's tax haven. Irish statistics have little in common with the actual picture of the economy – artificial transactions account for 20 percent of GDP.

News in Brief

  1. Turkey blames EU for sexist protocol fiasco
  2. France to close elite civil-service academy
  3. Covid-19 cases in UK drop 60%, study finds
  4. White House urges 'calm' after Northern Ireland riots
  5. Italy's Draghi calls Turkey's Erdoğan a 'dictator'
  6. Slovakia told to return Sputnik V amid quality row
  7. EU risks €87bn in stranded fossil fuel assets
  8. Obligatory vaccination not against human rights, European court says

Vietnam jails journalist critical of EU trade deal

A journalist who had demanded the EU postpone its trade deal with Vietnam until human rights improved has been sentenced to 15 years in jail. The EU Commission says it first needs to conduct a detailed analysis before responding.

Opinion

A digital euro - could it happen?

"Banknotes are still to stay," European Central Bank president Christine Lagarde said at a recent conference, "but I think we will have a digital euro."

Italy's 2021 G20 presidency - a transatlantic reset?

The three pillars of Italy's G20 presidency - "people", "planet" and "prosperity" aimed at building a more sustainable future, as well as digital innovation - are shared by Joe Biden, which raises hopes of a positive EU-US dialogue.

Opinion

Covid-19 recovery: How to miss the target even with a bazooka

Nicknamed the "European bazooka", the €672.5bn coronavirus recovery fund gives EU states €312.5bn in grants and €350bn in loans - but some countries have already said they won't use these long-term loans, at very low-interest rates. Why not?

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Column

Why is new EU trade policy using WTO as a figleaf?

While producers in Europe need to live up to demanding labour standards, the European Commission does not make the slightest move to protect them against competition from countries that use forced labour on a massive scale.

EU pushes WTO reform and Paris agenda in new trade plan

The bloc's new trade strategy proposes making respect for the 2015 Paris Agreement an "essential element" of future trade agreements. Reform of the World Trade Organization is also a priority for the coming decade.

Luxembourg tax scandal may prompt EU action

An investigation into Luxembourg's tax regime has uncovered how the Italian mafia, the Russian underworld, and billionaires attempt to stash away their wealth. The European Commission has put itself on standby amid suggestions changes to EU law may be needed.

Investigation

Portugal vs Germany clash on EU corporate tax avoidance

Portugal's taking over the EU presidency puts the tax transparency law for corporations - which has been fought over for years - to a vote in the Council of Ministers. The resistance of the German government has failed.

Cyprus: a heavy caseload for new EU prosecutors office

The new European Public Prosecutor's office will become operational in March. It is tasked to carry out criminal fraud investigations of the EU budget. But of the 140 required European delegated prosecutors, only nine have so far set up office.

Opinion

EU should not rush investment deal with China

Concluding an investment agreement between the EU an China now is a symbolical victory for China and makes it harder for Europe to engage it on critical matters in the future, experts on EU-China relations argue.

Opinion

Italy's return to statism spells trouble for the eurozone

There are profound questions about whether the windfall of cash from the EU coronavirus recovery fund will truly help Italy recover or whether it will cause more problems than it solves, for Rome and the rest of the eurozone.

Opinion

The EU-Asean dance: an EU diplomat's account

Why did it take so long for the EU-Asean Strategic Partnership to be concluded? The answer is simple: the EU should have been quicker and more forward-looking in recognising Asean's geo-strategic strength. Still, better now, than never.

Orbán says rule-of-law deal 'centimetres' away

One possibility for a compromise could be a declaration, attached to the rule-of-law conditionality, on how it will be used - that alleviates the concerns of Hungary and Poland.

Warsaw and Budapest seek EU funds despite national veto

A senior EU diplomat said Poland and Hungary should lift their veto or give a signal they are willing to do by Tuesday - otherwise there will be alternative plans for a recovery fund with the other 25 member states.

Investigation

EU taxpayers in the dark on US corona-drug deal

The EU recently signed a huge contract for a US anti-corona drug which, the WHO says, might not work, but there's little transparency on how the deal was made.

Opinion

EU corporate due diligence: new rules, or businesses rule?

The Brussels rumour mill has it that the EU Commission is being pressured to put forward a weaker proposal than what civil society organisations, trade unions, and the European Economic and Social Committee say is needed.

Opinion

EU minimum wage directive undercuts Scandinavian model

Imposing minimum wages and interfering in collective bargaining through binding legislation, not only means breaching EU treaties - there is also a serious risk that this will undermine successful labour market models that have delivered real wage increases for decades.

Opinion

We need to call Orbán's bluff by going ahead without him

You hear voices already calling for the European Council to give in to the Hungarian and Polish demands, by coming up with supposedly 'technical' solutions allowing them to veto any corruption case or breaches of the rule of law .

Opinion

German presidency's broken promises on 'fair tax'

At the start of the German presidency of the EU Council it committed itself to a "fair taxation" agenda. But as we enter the final leg of its six-month term, time is running out to make good on this promise.