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“We should move forward as a union, and we are all committed to doing so,” Gentiloni said after the meeting of eurozone finance ministers in Brussels.

Gentiloni: If no EU consensus, member states will set up smaller-scale capital markets union

Member states keen on integrating their capital markets will likely move ahead by themselves if no EU-wide consensus can be reached, European Commissioner for Economy Paolo Gentiloni said

As for the new generation of consumers, they behave differently from their parents or grandparents, they are not car-dependent, they care about the environment, they want to consume more responsibly and they share their lives on social media networks.

Retail sector trends for 2024

With the effects of climate change and geopolitical turmoil dominating the headlines in 2023, trying to make sense of how the retail industry will be affected in 2024

“Despite the growing evidence of looming ecological collapse (…) European governments and EU politicians are blocking new measures to protect nature and tearing up ones already in place,” it continues.

NGOs unite against EU’s rollback of green policies for the agrifood sector

Hundreds of civil society organisations decried the recent reversal of EU sustainability policies for the bloc’s agrifood sector in an open letter

Speaking at a summit for “Global Solutions” in Berlin on Tuesday, German Chancellor Olaf Scholz (SPD/S&D) called the transformation of economies towards climate neutrality “irreversible”.

‘It’s the economy, stupid’: Scholz, German leaders get real on costs of climate transition

While all eyes were on Xi Jinping’s visit to Europe earlier this week – with China’s state subsidies to green industries particularly in the spotlight – leaders in Berlin debated how the global transition towards climate neutrality affects the economy

Hungary under right-leaning Orban has become an important trade and investment partner for China, in contrast with some other EU nations that are considering becoming less dependent on the world’s second-largest economy.

Xi Jinping says China-Hungary relations an ‘all-weather’ strategic partnership

China and Hungary will embark on a “golden voyage” in bilateral relations, Chinese President Xi Jinping said after meeting Hungarian Prime Minister Viktor Orban on the third and final stop of his first European tour in five years

MORE FEATURES

Erdogan had every opportunity to become a great leader of a great nation – but fell victim to his irrepressible need for self-aggrandizement, entirely tactical use of religious zeal and ever-growing lust for power.

World

Erdogan’s Golden Opportunity

Thursday, May 9, 2024

Turkey’s President Erdogan could have emerged from the Israel-Hamas war as a peacemaker

more on World

Take Poland. Here is what Sikorski told the Sejm about the country’s role in NATO and the EU, and its own defense.

Europe

Making European Defense an Imperative

Thursday, May 9, 2024

Europeans still lack a common vision for how to ensure the continent’s security

more on Europe

Strategic partnerships—defined here as relatively loose cooperation frameworks with important regional or global players—are critical. These actors’ comprehensive engagement with the EU in a multilateral context can generate positive outcomes for tackling multifaceted global challenges.

Analyses

Rethinking the EU’s Strategic Partnerships in Times of Crisis

Thursday, May 9, 2024

Amid the complex and rapidly evolving challenges in global security, the EU is faced with the need to find innovative solutions through collaboration with key global players within a multilateral framework

more on Analyses

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France’s president embodies this question in several ways. He is the EU’s only national leader of global stature who sets out a strategic vision for Europe. Also, he must leave the Elysee Palace three years from now and will, at only 49, be looking for work.

Europe

Was Macron’s Sorbonne speech an unspoken EU leadership bid?

Thursday, May 9, 2024

By accident, or perhaps by design, Emmanuel Macron’s recent Sorbonne speech was a litany of familiar woes pointing to the European Union’s greatest but unacknowledged problem

Serbian President Aleksandar Vucic and government officials welcomed Xi at the Belgrade airport, where he was greeted by a military guard of honor and folk dancers. The two leaders will hold a meeting on Wednesday.

Europe

China’s Xi Jinping visits Serbia on anniversary of 1999 NATO bombing

Wednesday, May 8, 2024

Chinese President Xi Jinping arrived in Serbia on Tuesday escorted by MIG-29 jets in a tightly secured visit coinciding with the 25th anniversary of the NATO bombing of China’s embassy

China opened an anti-dumping investigation into brandy imported from the European Union in January, sparking fears cognac could suffer a similar blow to that taken by Australian wine when China introduced tariffs of up to 218.4%.

World

Chinese tariffs could leave cognac makers with too much brandy

Wednesday, May 8, 2024

High Chinese tariffs on EU brandy would leave French companies with vast amounts of cognac that could be hard to sell elsewhere

The alignment between the centre and hard right parties on the contentious issue of climate shows that a post-election deal is a real possibility.

Europe

EU elections: Alignment on climate shows that door remains open for EPP-ECR coalition

Wednesday, May 8, 2024

Ahead of June’s EU elections, the EPP’s official thinktank and the ECR have set out their positions

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The parties reacted to von der Leyen’s comments made during the Maastricht Debate of lead candidates on 29 April, where she did not discard collaborating with hard-right European Conservatives and Reformists group (ECR), the political family of Italian Prime Minister Giorgia Meloni and Poland’s Law and Justice party.

Europe

EU Socialists, Greens, Liberals warn von der Leyen: No to hard-right alliance

Wednesday, May 8, 2024

The European Socialists, Greens, and Liberals have all shut the door to European Commission President Ursula von der Leyen’s reelection if she decides to cooperate with the hard-right ECR party

more on Europe

The chief executive of Shell, Wael Sawan, said that returning capital to shareholders continued to be a bigger priority than major mergers and acquisitions. ‘We still see that our share price is not reflective of the underlying valuation of the company’, he told The Times.

World

Shell profits beat forecasts

Wednesday, May 8, 2024

Shell has reported better than expected profits for the first quarter of the year, having benefited from a stronger performance in oil trading and a recovery in refining margins

more on World

They attributed these difficulties to “unnecessary bureaucratic hurdles” that EU countries would face if the rules were enforced without classifying countries or regions into three different categories (high, standard and low) based on the risk of deforestation.

Europe

Austria’s farming, economy ministers urge von der Leyen to delay EU anti-deforestation law

Tuesday, April 30, 2024

Austria’s agriculture and economy ministers have urged European Commission President Ursula von der Leyen to postpone the implementation of the new EU anti-deforestation regulation

more on Europe

Progress on the EU track is no remedy for the chronic crisis besetting Bosnian politics, which is a legacy of the Yugoslav war. Milorad Dodik, president of Republika Srpska (RS), Bosnia’s Serb-majority entity, is a real thorn in the side of Christian Schmidt, the international community’s high representative, and of the West.

Europe

Polarization Threatens to Derail Bosnia’s EU Ambitions

Tuesday, April 30, 2024

Bosnia finally has some good news. On March 21, the European Council gave the country the green light to start membership talks with the EU

more on Europe

Even if the Trump argument did not win over the Congress vote this time around, the U.S. presidential election remains wide open—with a substantial part of Ukraine’s future at stake.

World

The U.S. Aid Package to Ukraine Is a Short-Term Fix

Tuesday, April 30, 2024

The release of U.S. aid to Ukraine is one of many steps necessary to contain Russian aggression

more on World

EU Actually

‘Complete the internal market’

N. Peter KramerBy: N. Peter Kramer

‘Complete the internal market’, former Italian Prime Minister Enrico Letta writes in “The independent High-Level Report on the future of the Single Market”

View 04/2021 2021 Digital edition

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04/2021 2021

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Europe

‘It’s the economy, stupid’: Scholz, German leaders get real on costs of climate transition

‘It’s the economy, stupid’: Scholz, German leaders get real on costs of climate transition

While all eyes were on Xi Jinping’s visit to Europe earlier this week – with China’s state subsidies to green industries particularly in the spotlight – leaders in Berlin debated how the global transition towards climate neutrality affects the economy

Business

Retail sector trends for 2024

Retail sector trends for 2024

With the effects of climate change and geopolitical turmoil dominating the headlines in 2023, trying to make sense of how the retail industry will be affected in 2024

MARKET INDICES

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