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Ukraine and Moldova should become EU candidate countries as soon as possible, Georgia is also part of the European family but more reforms needed.

MEPs say EU leaders must grab the opportunity to expand and reform the EU

By: EBR | Thursday, June 23, 2022

On Wednesday, MEPs outlined their expectations for the 23-24 June European Council in a plenary debate with the French Presidency and Commission President von der Leyen

As Russia reduced its gas supplies to Germany by 60%, Sweden and Denmark issued the lowest of the EU’s three alert levels, flagging energy supply difficulties on Tuesday. However, according to the Swedish Energy Agency, the supply situation remains robust.

Sweden, Denmark face ‘serious’ gas shortages

By: EBR | Thursday, June 23, 2022

Swedish and Danish energy authorities issued an ‘early warning’ over gas shortages due to the reduced supplies of Russian gas on the European market

"Greenwashing is over," said Bruno Le Maire, the French economy minister who negotiated the deal on behalf of the 27 EU member states.

EU agrees deal on company disclosures to combat greenwashing

By: EBR | Wednesday, June 22, 2022

The European Union has reached a deal on corporate sustainability reporting requirements for large companies from 2024, the French EU Presidency announced on Tuesday (21 June)

65% of Europeans see EU membership as a good thing, the highest result since 2007.

EU-Wide Survey: In face of Ukraine war, Citizens close ranks in support of EU

By: EBR | Wednesday, June 22, 2022

Russia’s war against Ukraine has strengthened public support for the EU, the EP Spring Eurobarometer survey published today finds

"The journey towards this European Innovation Area will take a step forward this month when these stakeholders attend a summit, organised by Knowledge4Innovation, that will coincide with the Commission’s announcement of the innovation Agenda".

An idea whose time has come

By: EBR | Tuesday, June 21, 2022

If it seems obvious that innovation is key to accelerating the green and digital economy of tomorrow, then it must also be obvious that a robust framework for innovation policy is needed in the EU

"Russia’s invasion of Ukraine questions the international global order and threatens to divide the world into two. But we are not turning our back to our partners...".

EU citizens strongly support international cooperation to reduce poverty

By: EBR | Tuesday, June 21, 2022

Eurobarometer 2022: EU citizens strongly support international cooperation to reduce poverty and build partnerships with partner countries

“Some shifts started at 4 a.m. and others ended at midnight. It could be exhausting.”

Europe’s summer of discontent reveals aviation sector labour crisis

By: EBR | Tuesday, June 21, 2022

The summer when air travel was supposed to return to normal after a two-year pandemic vacuum is in danger of becoming the summer when the high-volume, low-cost air travel model broke down – at least in Europe’s sprawling integrated market

"Renovictions" may become an issue amid the EU’s push for additional renovations.

‘Renovictions’ loom as EU aims to boost building renovation

By: EBR | Monday, June 20, 2022

Confronted with an energy crisis and the need to rapidly decarbonise the building sector, the EU is now facing another threat: “renovictions,” where tenants are forced out of houses or apartments due to rent increases imposed after renovation

"European citizens have given us rich and wide-ranging ideas to improve our Union: 49 detailed proposals and more than 300 measures to make everyday life better. To build a better future...".

Commission sets out first analysis of the proposals stemming from the Conference on the Future of Europe

By: EBR | Monday, June 20, 2022

The European Commission has adopted a Communication setting out how it can follow up on the outcome of the Conference on the Future of Europe

In the territories most affected by the energy and climate transition, the Programme will support de-carbonisation in Western Macedonia, Megalopolis and adjacent municipalities, and the phasing out of fossil fuel power stations in the islands of North-South Aegean and Crete.

EU Cohesion Policy: €1.63 billion for a just climate and energy transition in Greece

By: EBR | Friday, June 17, 2022

Thanks to the first Just Transition Fund (JTF) Programme adopted by the Commission, Greece will mobilise a total investment of €1.63 billion to alleviate the impact of the energy and climate transition on the local economy and society

Data from Rystad Energy also showed that coal power could remain the more competitive fuel source through 2025.

Rising gas cost could spell more coal use as spread narrows

By: EBR | Friday, June 17, 2022

Over the past several months the spread of so-called “clean-dark” and “clean-spark” prices have narrowed but still heavily favour coal usage for power plants, and the recent jump in gas prices threaten to once again widen the spread

The EIB is the sole implementer of investment windows dedicated to lending to sovereign and sub-sovereign entities, and will be competing with other public banks to access guarantees from the EU budget to support the private sector.

Shining light on the EU’s new development bank

By: EBR | Friday, June 17, 2022

The new development arm of the European Investment Bank is expected to be instrumental to the success of the EU’s Global Gateway project

The euro fell close to 1% against the dollar after the ECB statement but Italian yields eased to comfortably below 4%.

ECB pledges new crisis tool as EU debt crisis threatens comeback

By: EBR | Thursday, June 16, 2022

The European Central Bank promised fresh support for the bloc’s indebted southern rim on Wednesday (15 June), tempering a market rout that threatened a repeat of the debt crisis that almost brought down the single currency a decade ago

The survey confirms the large support for the EU’s response to the Russian aggression against Ukraine.

Eurobarometer: Europeans set defence and energy autonomy as key priorities for 2022

By: EBR | Thursday, June 16, 2022

A Eurobarometer released today shows that European citizens support massively a common security and defence policy and expect the EU to phase out its dependency on Russian sources of energy

"EU leaders exaggerated their unity at the start of this crisis".

Will Distrust Among EU Leaders Fail Ukraine?

By: EBR | Thursday, June 16, 2022

EU member states have no shared vision of how to deal with Russia as it continues its attack on Ukraine. Rushing to end the war at all costs could have devastating consequences for Kyiv and Europe

The resolution adopted by MEPs also requests that any new or amended delegated acts should be subject to a public consultation and impact assessments, as they could have significant economic, environmental and social impacts.

Taxonomy: MEPs object to Commission’s plan to include gas and nuclear activities

By: EBR | Wednesday, June 15, 2022

MEPs adopted an objection to the Commission’s proposal to include specific nuclear and gas energy activities in the list of environmentally sustainable economic activities covered by the so-called EU Taxonomy

«Borders are not for Russia. This country has no definite borders. They were uncomfortable in the post-WWII world, which had seemed to guarantee that borders are sacrosanct, but now they have broken the rules, and instead of feeling like criminals, they feel vindicated.»

Back to 1945

By: EBR | Tuesday, June 14, 2022

As EU leaders prepare for their next summit on 23-24 June, it is useful to list the uncomfortable truths we will not see in the draft conclusions

"She very consciously offered a down-to-earth style, combining honesty and modesty. She wanted to be a different type of politician compared to the usual brand of what was often perceived as the arrogance and high-handedness of “Wessi” politicians".

Empress Angela and Her Two Big Sins

By: EBR | Tuesday, June 14, 2022

Reflections on the former German Chancellor’s sense of her own record and responsibilities in dealing with Putin, Russia and Ukraine

Germany’s dependence on Chinese raw materials is increasingly attracting the government’s attention as it continues, together with the EU, to work at full speed on freeing itself from Russian economic dependence.

Burned by Russia, Germany seeks to lessen dependence on China

By: EBR | Wednesday, June 8, 2022

Germany’s dependence on Chinese raw materials is increasingly attracting the government’s attention as it continues, together with the EU, to work at full speed on freeing itself from Russian economic dependence

"After 10 years, since the European Commission proposed this directive, it is high time we break the glass ceiling," said Commission President Ursula von der Leyen in a statement.

EU sets better gender balance in European corporate boards

By: EBR | Wednesday, June 8, 2022

EU lawmakers on Tuesday (7 June) agreed on a continental target to establish better gender balance on the boards of companies in Europe

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EU Actually

Trump looms over European attempt at unity

N. Peter KramerBy: N. Peter Kramer

In his weekly column, N. Peter Kramer writes that Donald Trump once again loomed large over the latest attempt by European leaders to demonstrate unity, without mentioning the US president’s name.

Europe

Merz’s struggles mount as he marks a year as German leader

Merz’s struggles mount as he marks a year as German leader

After a year in office, his coalition is beset by infighting and Europe’s top economy is still weak

Business

Hotpot, bubble tea and sportswear: China’s new exports take on the world

Hotpot, bubble tea and sportswear: China’s new exports take on the world

Step into pretty much any shopping mall in Singapore and you’re likely to find queues snaking outside shops with catchy names and bright-coloured branding.

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