Monday

2nd Oct 2023

Ticker

EU to ban bonuses for firms saved by state

The EU Commission plans to ban paying executive bonuses at companies that have been rescued by a state share-buying program during the coronavirus crisis, the Guardian reports. The restrictions, which would include a ban on dividend payments and share buybacks, could be imposed on companies where the government has bought a stake in order to keep the business afloat. The planned proposal will have to be backed by the EU-27.

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Analysis

Slovak's 'illiberal' Fico victory boosts Orban, but faces checks

Fico has the potential to shift Slovakia from the West and jeopardise the EU unity in its stance against Russia's Ukraine war. His victory could also have a domino effect in central Europe and empower of other far-right, populist movements.

Agenda

European Political Community and key media vote This WEEK

A major meeting of leaders from all over Europe will take place this week, with security and enlargement as key topics for discussion. In the Parliament, MEPs are expected to vote on the European Media Freedom Act.

Analysis

Is the ECB sabotaging Europe's Green Deal?

The European Central Bank (ECB) recently raised interest rates to the highest point in the currency's 21-year existence — but the effects of its policies on renewables are badly understood.

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