Edition: International | Greek
MENU

Home » EU Actually

When Olaf met Emmanuel…

Ministers from the two biggest EU countries, Germany and France, meet twice a year for a joint-cabinet meeting, this time in Hamburg

By: EBR - Posted: Wednesday, October 11, 2023

France and Germany are fighting on subjects that affect their capacity to reach a steady recovering following COVID and the war in Ukraine.
France and Germany are fighting on subjects that affect their capacity to reach a steady recovering following COVID and the war in Ukraine.

N. Peter Kramer’s Weekly Column

Ministers from the two biggest EU countries, Germany and France, meet twice a year for a joint-cabinet meeting, this time in Hamburg in the beginning of this week. The intention was to ‘strengthen the relationship’ rather than ‘drafting statements and papers’ and the meeting included a boat tour on the river Elbe, which French President Emmanuel Macron and German Chancellor Olaf Scholz used for bilateral talks. They already tried this summer to improve their strained personal relation, often described as ‘lacking chemistry’, during a meeting in Scholz’s residence in Potsdam, near Berlin.

The primary topics were their concerns over the EU’s declining global competitiveness against the backdrop of rising energy prices and a major industrial transformation. The new market for Artificial Intelligence is becoming a focal point for Berlin and Paris to reclaim EU’s economic and technological edge in competition with the United States.

France and Germany are fighting on subjects that affect their capacity to reach a steady recovering following COVID and the war in Ukraine. Prominently is their fight over the use of nuclear energy in a planned reform of the EU energy market. But, ‘the spirit of Hamburg’ as Macron called it, seems to have success. He expected ‘a necessary agreement by the end of the month’.

However, especially pleasing was the message, that the two governments are working on a joint push to reduce the regulatory burden coming from Brussels!

READ ALSO

EU Actually

Volkswagen is going to lay off 100.000 employees: EU’s automotive industry is in serious trouble

N. Peter KramerBy: N. Peter Kramer

In his weekly column, N. Peter Kramer, writes about the alarming decline of the largest industrial employer in the EU, Volkswagen. EU leaders and the entire automotive sector did not seem to know how to handle China.

Europe

Majority think EU is a "place of stability in a troubled world"

Majority think EU is a "place of stability in a troubled world"

While economic concerns grow, EU citizens value the peaceful, protective and cooperative nature of the EU.

Business

How Much Pressure Can European CEOs Take?

How Much Pressure Can European CEOs Take?

There was a time when the job of the CEO was difficult but relatively clear: grow the business, beat the competition, manage costs, satisfy shareholders, inspire employees and avoid major reputational mistakes. That world has disappeared.

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2026. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron