German steel plants needed for democracy, economy minister says on 17/05/24
German Economy Minister Robert Habeck (Greens) has defended the country’s billion-euro investments into green steel plants, saying it was needed to avoid a breakdown of whole regions’ industries and secure supply of steel at times of geopolitical uncertainty. Does China have an ‘overcapacity’ problem? on 17/05/24
The White House recently announced steep tariffs on a range of Chinese imports, including electric vehicles and solar panels, to protect the US economy from Beijing’s “unfair trade practices”. But are the US's criticisms of China really justified? French government says low-carbon electricity mix is magnet for foreign investment on 17/05/24
The French president touts it, the French Delegate Minister for Energy praises it: the decarbonized nature of the French electricity mix is an unparalleled asset in attracting foreign investment, particularly in industry. The reality is more complex. EU excess profits tax could generate over €100 billion per year, study finds on 16/05/24
A permanent tax on European companies’ excess profits could generate more than €100 billion per year, or over half the EU’s annual budget, according to a new report commissioned by the European Parliament’s Left Group. The future of work blends flexibility, education, mentoring, say youth advocates [Advocacy Lab Content] on 15/05/24
Europe’s youth now live in a new and challenging work culture, navigating employment scenarios that didn’t exist 20 years ago. Education-to-work network StartNet hosted a conference exploring a roadmap for youth employment and new European skills partnerships. Gentiloni ‘concerned’ spending cuts by member states could hamper EU recovery on 15/05/24
European Commissioner for Economy Paolo Gentiloni said on Wednesday (15 May) that he is “concerned” that excessive budget cuts could hamper the EU’s fragile economic recovery, adding that public investments will prove key to boosting growth across the bloc over the coming years. Letta wants ‘Much More Than a Market’, industry just wants single market completed [Advocacy Lab Content] on 15/05/24
Former Italian PM Enrico Letta's new report on the future of the single market calls for an urgent upscaling of Europe’s competitiveness. Opening a Euractiv debate, Letta emphasised the need for speed, security, and solidarity. The Brief – Merz in the driving seat in von der Leyen’s campaign on 15/05/24
In her first term as Commission president, Ursula von der Leyen was largely free to push through her agenda without having to worry about backlash from her party. If she gets a second mandate, however, this is bound to change, with her conservative CDU party taking a much more prominent role. Fresh US tariffs on China split EU Social Democrats along Franco-German divide on 15/05/24
The increase in tariffs on China's electric vehicles (EVs) and other products by the US administration is dividing politicians within the EU's centre-left Socialists & Democrats (S&D) group, who disagree on whether Europe should follow up with a similar measure. Food sector among winners of a ‘Buy European’ approach, says study on 15/05/24
Including local and sustainability criteria in public procurement of food would be compatible with WTO rules and would also bring significant climate and economic benefits, according to a report published on Wednesday (15 May) by consultancy Carbone4.
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