South Korea bets on state-driven venture capital to stay ahead on 24/11/23
Building on its experience with government-led industrial development, South Korea uses direct government funds to nurture venture capital investments. The end of a German illusion on 24/11/23
Germany thought it could provide the necessary investments for the green transition, all the while adhering to its strict budget rules. It turned out it could not, and this should give everyone pause for thought about the EU’s own fiscal rules. UN tax body to go ahead after EU, US and UK fail to defeat it on 22/11/23
The international community will move forward with plans to establish a UN convention to set global rules on tax and illicit financial flows after a campaign led by the EU, United States and UK failed to kill off the plan. Germany delays 2024 budget after court ruling shakes government on 22/11/23
The German parliament’s budget committee has delayed a meeting originally set for Thursday (23 November) to finalise the 2024 budget, following a court ruling that cancels €60 billion off a climate fund and could have broader implications for other public spending. Take us away from the fiscal edge: Europe needs investment now or will face deindustrialisation [Promoted content] on 22/11/23
Europe must avoid a return to austerity, insists Judith Kirton-Darling, Acting Joint General Secretary of industriAll Europe. We need flexible fiscal policies to invest in green, digital, and socially just transitions. This is essential for economic growth and job creation. The EU’s global leadership relies on strong companies on 22/11/23
To sustain its prosperity and stability, the EU needs to reduce the regulatory burden for companies, finalise more trade agreements and turn the Green Deal into a growth strategy in the coming legislative term, argues Markus J. Beyrer. Experts warn against investment cuts after German top court ruling on 22/11/23
As Germany scrambles to find €60 billion after the constitutional court ruled that transferring unused COVID-related debt to a climate fund was against the constitution, economists warned that spending cuts could cost the country economic growth in the coming years... The Brief – No more free lunch for Europe’s farmers on 21/11/23
Europe's farmers are receiving ever more handouts from politicians, despite their relatively meagre contribution to our economy and increasingly obstinate stance against the EU's efforts to adapt to a changing world. The European Child Guarantee finally needs to be implemented on 21/11/23
EU member states should do more to guarantee basic rights to children and the European Commission should consider establishing a European Authority for Children, argue Dragoș Pîslaru and Lucia Ďuriš Nicholsonová. EU extends state aid scheme for companies hit by rising energy prices on 21/11/23
The European Commission on Monday (20 November) extended by six months to June 2024 a scheme enabling EU countries to help companies hit by energy price spikes caused by Russia's war on Ukraine.
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