Tuesday

22nd Oct 2019

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Italy's EU nominee advocates Keynesian economics

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The EU should pump money into its economies in slow times, Italy's nominee for financial affairs commissioner, Paolo Gentiloni, told MEPs in his hearing on Thursday. There should be "adequate use of fiscal space to face the risks of a slowdown in our economy", he said. Italy has broken EU fiscal limits, but Gentiloni also pledged to pull down public debt and to be neutral toward Italy's national interests.

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Juncker: 'Historic mistake' against Balkan EU hopefuls

The president of the European Commission Jean-Claude Juncker described a decision to block Albania and North Macedonia from advancing into the next phase to eventually join the European Union as a historic mistake.

EU leaders spent just 12 minutes on climate

Climate change was part of the agenda of the EU leaders for Friday's summit. However, the council decided to finalise the EUʼs long-term strategy on climate change at its next meeting in December.

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