07/11/24View in Browser
Today's top stories

Good morning from Brussels.

European leaders are holding a key meeting in Budapest today to share their initial thoughts on Donald Trump's return to the White House.  

“We’re relatively calm and focused, and we have time until January to prepare to the maximum,” one EU diplomat told Euractiv.  

Europe is also informally looking for Trump's interlocutor on the Old Continent, as despite major political differences, the West will also need to get its act together.  

While EU member states’ reactions to Trump’s comeback range from friendly to flattering, it seems Italy and Poland are positioning themselves to take the lead.

In Paris, the German and French defence ministers held a joint press conference on Tuesday to reassure their EU partners and provide assurances to their American ally.

But the new reality doesn’t find Europe at its best. The collapse of the coalition in Germany—the Eurozone’s largest member—raises questions over Europe’s stability.  

The future of Ukraine appears to be a key challenge for the West, as Trump promised (among other things) to end the waron his way to the White House. Meanwhile, Russian experts don't expect any major changes in relations between the Kremlin and Washington.

How Donald Trump’s comeback will shape the rest of the world

Host Giada Santana takes the temperature at the incoming president’s headquarters in Palm Beach County, Florida with Euractiv’s Sarantis Michalopoulos, and analyses Trump’s manifesto with editor Alice Taylor. Listen here. 
Bubbling in Brussels

Another day, another hearing.

Yesterday, Andrius Kubilius, the Lithuanian commissioner-designate for defence and space, refrained from committing himself to specific, concrete goals, although he urged to boost defence spending, not over Trump, but the real threat that poses Vladimir Putin.

Czech Commissioner-designate for International Partnerships Jozef Síkela denounced on his part Chinese and Russian “neocolonialism” during his hearing, which he passed, unlike his Hungarian counterpart for health, Olivér Várhelyi, who will face a second hearing. 

Portugual's Maria Luís Albuquerque sealed the European Commission's top financial services job after facing harsh scrutiny from MEPs over her recent work for private investment firms. 

Meanwhile, Crisis Management Commissioner Belgium’s Hadja Lahbib faced tough questions about her Crimea tripand visa scandal but was approved. 

Her fate was somehow politically intertwined with Swedish would-be environment commissioner Jessika Roswall, whose hearing went sour on Tuesday (7 November) but still managed to pass yesterday.

On the audition schedule today, Poland’s Piotr Serafin, commissioner candidate on budget, anti-fraud, and public administration, faces the delicate balancing act of defending reform proposals for the EU budget while reassuring current beneficiaries.

Dutchman Wopke Hoekstra (Climate, Net Zero and Clean Growth), Slovenia’s Marta Kos (Enlargement), and Latvia’s Valdis Dombrovskis (Economy and Productivity; Implementation and Simplification) are also facing their own hearings today. 

Would you like to sponsor The Capitals? Contact us
Western Europe
Click on the picture to read the story |  [Sean Gallup/Getty Images]

BERLIN

Germany will elect its first minority government in 40 years, followed by snap elections, leaving the future of its politics and European cooperation in limbo as Europe faces Donald Trump's return to the White House. Read more.

Germany heading for snap elections in March after coalition crisis talks break down. Chancellor Olaf Scholz will call a vote of confidence in January to hold early elections in March, he told journalists on Wednesday, after crisis talks on the future of the coalition had collapsed. Read more.

Germany's crisis-ridden coalition vows to 'think big' on security spending after Trump win. Germany's coalition government agrees on the need to spend more on European security in response to the US election results, but the deep coalition crisis risks thwarting any prospects for more investment. Read more

///

PARIS

France looks to the EU to prepare for Trump's return. In France, no one seems to harbour illusions: strengthening the EU's strategic autonomy and building a common defence are seen as the continent's best ways to face the return of Donald Trump to the White House. Read more

Southern Europe
Click on the picture to read the story |  [Antonio Masiello/Getty Images]

ROME

Italian Prime Minister and ECR leader Giorgia Meloni is seen as re-elected US President Donald Trump’s "natural interlocutor" in Europe, a fellow member of Meloni’s Fratelli d’Italia and ECR Secretary-General, Antonio Giordano told Euractiv.

He also believes her strong leadership and ability to engage with Trump could influence his approach to migration, potentially drawing inspiration from remote processing centres. Read more.

MADRID

Trump win ‘bad news’ for EU, warns foundation linked to Spanish centre-right. The success of the populist discourse of Republican candidate and US president-elect Donald Trump is bad news for Spain, the European Union, and NATO, an analysis by a foundation linked to the Spanish People's Party (PP) warned on Wednesday. Read more.

///

LISBON

EU court rejects banks' appeal against Madeira state aid. The General Court of the EU on Wednesday rejected an appeal by Millennium BCP Participações and BCP África, upholding Brussels' decision on the illegality of state aid in the Madeira Free Trade Zone (MFZ). Read more.

Eastern Europe
Click on the picture to read the story |  [Viktor Kovalchuk/Global Images Ukraine via Getty Images]

WARSAW

Following Donald Trump's victory in the US presidential election, Europe must strengthen its resilience and Poland can play a leading role in this process, according to Polish Foreign Minister Radoslaw Sikorski. Read more.

Tusk's MEPs confident Serafin'sCommissionerr hearing will go smoothly. Polish MEPs from the ruling Civic Platform told Euractiv they did not doubt that Polish candidate Piotr Serafin would pass the hearing smoothly on Thursday afternoon, pointing to his qualifications and experience. Read more.

///

BRATISLAVA

Fico's Smer no longer Slovakia’s most popular party. Opinion polls increasingly show that Prime Minister Robert Fico's ruling Smer-SD (NI) party has lost its position as Slovakia's most popular party, overtaken by the pro-European, liberal opposition movement Progressive Slovakia (PS/RE). Read more.

The Balkans

SOFIA

Bulgaria unaware of possible Russian deal for the largest refinery in Balkans. The Bulgarian government has no information on the deal reportedly being prepared by Russian oil company Lukoil for the sale of the Burgas oil refinery, a strategic asset for the entire Balkan region, it said on Wednesday. Read more.his asset will be used in the future," Vladimirov added. Read more.

///  

BUCHAREST | WARSAW

EU Agriculture Commissioner calls for separate CAP budget during Bucharest trip. The Common Agricultural Policy (CAP) needs a dedicated budget, and farmers must be assured that they will receive funding without conditions related to the rule of law or other requirements unrelated to the CAP, said Agriculture Commissioner Janusz Wojciechowski in Bucharest on Wednesday. Read more.

Agenda
  • EU: Meeting of the European Political Community expected to focus on security challenges, migration, connectivity, and more;
  • State of Europe 2024 on EU policies and future takes place in Brussels, Belgium.

***

[Edited by Sarantis Michalopoulos, Daniel Eck, Alice Taylor-Braçe]

Twitter
Instagram
Facebook
Website
LinkedIn
Spotify
YouTube
Copyright © 2024 Euractiv Media BV, All rights reserved.
You are receiving this email because you subscribed to receive email newsletters from Euractiv.

Our mailing address is:
Euractiv Media BV
Karel de Grotelaan 1
Brussels 1041
Belgium

Add us to your address book


Want to change how you receive these emails?
You can update your preferences or unsubscribe from ALL emails from us.