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How can the EU unlock up to €800bn for its ‘rearmament plan’?
The EU Commission has unveiled plans to borrow €150 billion to fund a major rearmament push. This joint borrowing proposal comes in the form of loans rather than grants—an idea largely rejected by so-called 'frugal' countries such as Germany and the Netherlands.
Radio Schuman
Don't roll back electric in auto action plan, warns lobby
Kristian Ruby, secretary-general of Eurelectric, acknowledged that while the electricity sector benefits from the EU’s electric agenda, it remains open to discussions with major car industry players. However, he emphasised the importance of avoiding any rollback of the agenda.
Europe News
Commission touts action plan for steel industry faced with US tariffs
The Commission has pledged an action plan for the steel industry to be launched in mid-March, days after US President Donald Trump's threatened tariffs against the sector are slated to come into force, beckoning the onset of a trade war.
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The Trump-Zelenskyy clash, seen from Ukraine
Reactions from shocked European officials stacked onto social media over the weekend, following the heated exchange in front of TV cameras between Presidents Volodymyr Zelenskyy and Donald Trump, with the German foreign minister calling it the start of a nefarious new era.
Europe News
Commission delivers first phase of ‘simplification’ drive
All but the largest companies operating in the EU will be released from environmental reporting obligations and having to prove they are not trading indirectly with firms tainted by exploitation or human rights abuses. The EU executive insists this is not deregulation.
Europe News
Deregulation row could overshadow EU’s flagship clean tech plan
A massive document drop from the European Commission on Wednesday will be the clearest signal yet of how far the EU is prepared to change course on environmental protection, climate action and workers’ rights in pursuit of competitiveness.
Europe News
EU sticks to 90% emissions cut, aims to be clean tech ‘world leader’
The new European Commission promised a transformational Clean Industrial Deal within its first hundred days, but a leaked draft of the eagerly awaited policy agenda is largely a patchwork of previously announced initiatives.
Europe News
Commission to activate fiscal escape clause to boost defence spending
The EU Commission will propose to activate the escape clause for defence investments, Ursula von der Leyen announced in Munich. "This will allow Member states to substantially increase their defence expenditure," she said.