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Economy
The EU holds its breath as 1 August US tariff deadline looms
The EU Commission expects the US to keep its word and implement new tariff rates agreed on Sunday. Without a joint statement, it hopes that forthcoming US executive orders will provide relief to sectors heavily impacted since the start of the trade dispute.
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Europe News
EU fails to agree Israeli suspension from research fund over Gaza
EU member states could not rally the support necessary to suspend Israel from the Horizon Europe fund in response to the war in Gaza. The proposal needed a qualified majority of member states to pass it. But two of the largest countries - Germany and Italy - said they need more time to examine it.
EU Decoded
The battle over the EU's €2 trillion budget has begun
The European Commission has proposed a €2 trillion long-term budget which would controversially merge agricultural and cohesion funds. Commission President Ursula von der Leyen defended the move as effective, but critics have warned it could undermine rural and regional development.
Brussels, My Love?
The battle for the EU budget - who wins, who loses?
In this edition of our weekly talk show, participants discuss the launch of the EU budget deliberations, attempts to raise taxes on tobacco and alcohol and the major escalation in Europe's scrutiny of the fast fashion business model.
Health news
EU Commission unlocks health funds but leaves civil society reeling from cuts
After months of delay, the European Commission has finally published its long-awaited 2025 budget programme for health, but civil society organisations say the delay and funding cuts have already caused lasting damage, forcing layoffs and halting key activities.
Economy
EU member states adopt retaliatory hit list in response to US tariffs
The member states adopted on Thursday morning the list of countermeasures targeting €93 billions' worth of US products in response to US tariffs, but the Commission is yet to follow suit. It will only come into effect on August 7 if the two parties fail to reach an agreement.
Europe News
EU Commission accused of mining secrecy in scramble for raw materials
Green/EFA EU lawmakers say they cannot access impact assessments for ‘strategic’ mining projects approved under the Critical Raw Materials Act, accusing the European Commission of lacking transparency and accountability.
Economy
UniCredit withdraws bid for Banco BPM due to uncertainty
The group's board of directors announced that it had decided to abandon the takeover due to the Italian government's use of golden power, which had prolonged the negotiations too much, preventing UniCredit from talking to BPM's shareholders
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