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With its strongest economies, France and Germany, in positions of political weakness, and an increase in right-wing populism within its eastern borders, there’s not much the collective leadership of the European Union can be emboldened to do.  European diplomats and officials are scrambling now to understand just how much of Trump’s campaign promises to Europe — namely, to grind the Continent’s economy to a halt through trade tariffs and expand Russia’s war in Ukraine to its turf — he will deliver on.  So after months of hand-wringing about securing the EU and its economy, Brussels is mostly waiting out Trump’s…

Gerade ist der Ton der FDP oppositionell, doch sie lässt keinen Zweifel daran, dass sie nach dem Februar wieder mitregieren will. Erreichen will sie das mit ihren Kernthemen: Wirtschaft und Finanzen. POLITICO-Reporterin Rixa Fürsen und Gordon Repinski geben einen Einblick in die Wahlkampfstrategie, die bei den Liberalen jetzt auf dem Tisch liegt. Im 200-Sekunden-Interview ist der stellvertretende FDP-Vorsitzende und Bundestagsvizepräsident Wolfgang Kubicki zu Gast. Er spricht über schlechte Umfragewerte, die Rolle seiner Partei als möglicher Koalitionspartner und darüber, wie es künftig mit dem Haushalt weitergehen soll. In Straßburg werden heute Ursula von der Leyens EU-Kommissare endgültig bestätigt. Der EU- und…

Building new nuclear reactors in Europe remains economically challenging due to high construction costs, significant financial risks, and the need for strong government support, despite their crucial role in decarbonisation and energy security, according to S&P Global Ratings. Nuclear energy is poised to play a crucial role in Europe’s decarbonisation and energy security efforts, but the financial and logistical challenges of building new reactors remain massive. High construction costs, financial risks, and reliance on state support make such projects a daunting challenge for most of utility providers in Europe, according to a report by S&P Global Ratings, authored by Claire…

Labour often makes the same argument. Starmer calls climate action a “huge opportunity” for the economy and job creation. Chancellor, Rachel Reeves has loosened public investment rules to direct money to energy infrastructure. Prime Minister Keir Starmer’s government is poised to relax rules on U.K. electric vehicle sales. | Pool Photo by Benjamin Cremel via Getty Images But Starmer’s decision, as opposition leader ahead of the summer’s general election, to ditch the party’s totemic £28 billion per year green investment promise, showed Labour will shift away from climate commitments under pressure. And cars are just one issue where political reality…

CPTPP represents about 15 percent of the global economy. Current members include Japan, Australia, New Zealand, Canada, Peru, Chile, Mexico, Brunei, Singapore, Vietnam and Malaysia. The U.K., which is the first new member to join, will complete its accession on Dec. 15. Taiwan and China’s applications to join the bloc came less than a week apart in September 2021, followed by applications from Ukraine, Uruguay, Costa Rica, Ecuador and Indonesia. “The issue with Taiwan is that it has not garnered consensus among certain members — notably Malaysia and Singapore,” said Vina Nadjibulla, a vice-president at the Asia Pacific Foundation of…

The European Central Bank, meanwhile, reminded markets last week that the combination of low growth and high budget deficits could revive fears of national bankruptcies across the eurozone. ‘Parity is the next milestone’ The single currency fell as low as $1.033 against the dollar on Friday, after dismal economic data sparked expectations that the European Central Bank will have to accelerate interest rate cuts. Those forecasts had markets pricing a 50 percent chance of a 0.5 percentage point cut in December; while the euro has recovered a little since then, analysts say it may be heading back toward parity with…

“Romania is a warning bell: Radicalisation and disinformation can happen all over Europe with harmful consequences,” added Hayer, an ally of French President Emmanuel Macron. Hayer’s appeal comes only two days after Georgescu’s shock victory. He had no party backing and polls had failed to pick up on his popularity — though researchers are now zeroing on a major TikTok campaign he led in the days leading up to the election. “We believed that Tiktok was misused and was led to be misused by him and an army of fake accounts that were used for his purpose,” said Bogdan Manolea,…

Mercosur : l’Assemblée rejette largement l’accord de libre-échange  – POLITICO Skip to main content

A l’Assemblée, l’addition des voix du RN et des groupes de gauche suffit à censurer l’exécutif et ses choix budgétaires. Après sa rencontre avec le Premier ministre lundi, Marine Le Pen a prévenu que si le projet de loi de finances 2025 restait en “l’état”, ce serait “la censure”. Rejetée par l’extrême droite, la hausse des taxes sur l’électricité reste dans les plans du gouvernement : “L’électricité va baisser de 9% et on va voir si on peut faire plus pour préserver le pouvoir d’achat des Français”, a répondu Michel Barnier sur TF1. Depuis la présentation de ses textes budgétaires…

However, as parliamentary proceedings have played out, it has become increasingly clear that to pass his budget, Barnier will need to use a constitutional back door that allows him to enact legislation without a vote — but in turn allows lawmakers to put forward motions of no confidence. An alliance of pan-left lawmakers has already vowed to bring forward a no-confidence motion. If lawmakers from the far-right National Rally decided to back the measure, Barnier’s government would collapse — potentially sparking a Greece-style eurozone crisis at a time when Europe is grappling with a stalling German economy and the possibility of…