Tag #European Union

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dw.com

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May 23, 19:14

Germany's Economy: Two Years of Recession and Uncertain Recovery

Germany's economy is shrinking for the second consecutive year, mirroring the 2011 crisis with a similar number of business closures in 2024, due to high energy prices, labor shortages, and bureaucratic costs; the new government aims for quick and sustainable improvements, but experts predict stagna...

Germany's Economy: Two Years of Recession and Uncertain Recovery

Germany's economy is shrinking for the second consecutive year, mirroring the 2011 crisis with a similar number of business closures in 2024, due to high energy prices, labor shortages, and bureaucratic costs; the new government aims for quick and sustainable improvements, but experts predict stagna...

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Decent Work and Economic Growth

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What are the most immediate and significant consequences of Germany's prolonged economic recession, and what specific actions are being taken to address it?

Germany's economy has contracted for two consecutive years, mirroring the 2011 financial crisis with a similar number of business closures in 2024. High energy prices severely impact energy-intensive industries. Labor shortages and high bureaucratic costs further hinder growth.

forbes.com

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May 23, 13:12

Center-Right Gains Across Europe Amidst Right-Wing Populist Pressure

Center-right parties achieved significant wins across Europe, countering the rise of right-wing populism; Romania's pro-EU candidate won, while Poland faces a tight runoff; Portugal's election produced a fragmented result; and France's Republican party elected a new leader.

Center-Right Gains Across Europe Amidst Right-Wing Populist Pressure

Center-right parties achieved significant wins across Europe, countering the rise of right-wing populism; Romania's pro-EU candidate won, while Poland faces a tight runoff; Portugal's election produced a fragmented result; and France's Republican party elected a new leader.

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Peace, Justice, and Strong Institutions

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What are the immediate consequences of the center-right victories in several European elections?

Across Europe, center-right parties achieved significant wins, countering the rise of right-wing populism. In Romania, pro-EU candidate Nicosur Dan defeated the anti-EU George Simion, averting a potential slide towards political instability. Poland's presidential election remains tight, with a runoff between the centrist Rafał Trzaskowski and far-right candidate Karol Nawrocki.

africa.chinadaily.com.cn

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May 23, 10:12

Iberian Blackouts Prompt EU Energy Grid Upgrade Demand

Spain and Portugal have requested EU intervention to expedite the construction of enhanced power grid connections with France after nationwide blackouts in late April disrupted transport, communications, and other essential services; the cause remains undetermined, and delays from France are suspect...

Iberian Blackouts Prompt EU Energy Grid Upgrade Demand

Spain and Portugal have requested EU intervention to expedite the construction of enhanced power grid connections with France after nationwide blackouts in late April disrupted transport, communications, and other essential services; the cause remains undetermined, and delays from France are suspect...

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Affordable and Clean Energy

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What are the underlying causes hindering the timely completion of enhanced power connections between the Iberian Peninsula and France?

The request highlights the Iberian Peninsula's insufficient energy integration with the EU system, currently less than 3 percent of the domestic generation capacity despite a 2002 EU target of 10 percent by 2020 and 15 percent by 2030. Long-standing tensions between Spain and France, possibly related to competition between renewable and nuclear energy, have allegedly hampered progress on this issue.

tr.euronews.com

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May 23, 01:12

Eight EU Countries Form Coalition to Boost Crisis Preparedness

Eight EU nations launched a voluntary coalition on Thursday to boost the bloc's resilience to crises, prompted by Russia's destabilizing actions and emphasizing the need for coordinated, EU-wide action, including citizen preparedness.

Eight EU Countries Form Coalition to Boost Crisis Preparedness

Eight EU nations launched a voluntary coalition on Thursday to boost the bloc's resilience to crises, prompted by Russia's destabilizing actions and emphasizing the need for coordinated, EU-wide action, including citizen preparedness.

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Sustainable Cities and Communities

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What immediate actions are eight EU countries taking to improve the Union's resilience against crises?

Eight EU countries formed a coalition to improve crisis preparedness, emphasizing the need for coordinated action due to increasingly complex cross-border crises. This follows the European Commission's proposal for a Preparedness Union Strategy, highlighting disparities in national preparedness levels across the EU.

kathimerini.gr

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May 23, 07:12

Eurozone Private Sector Contracts in May

The Eurozone's private sector activity unexpectedly contracted in May, with the services sector performing the worst in 16 months; the S&P Global composite PMI fell to 49.5, below the 50 mark separating growth from contraction, due to weak foreign and domestic demand.

Eurozone Private Sector Contracts in May

The Eurozone's private sector activity unexpectedly contracted in May, with the services sector performing the worst in 16 months; the S&P Global composite PMI fell to 49.5, below the 50 mark separating growth from contraction, due to weak foreign and domestic demand.

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What caused the unexpected contraction of the Eurozone's private sector activity in May, and what are the immediate implications?

The Eurozone's private sector activity unexpectedly contracted in May, with the services sector experiencing its worst performance in 16 months. The S&P Global composite Purchasing Managers' Index (PMI), a key economic health indicator, fell to 49.5 in May from 50.4 in April, below the 50 mark separating growth from contraction, and analysts' predictions of 50.6.

kathimerini.gr

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May 23, 10:12

Mitsotakis Credits Reforms for Greece's Economic Recovery

Greek Prime Minister Kyriakos Mitsotakis, in a CNBC interview, attributed Greece's economic turnaround since 2019 to bold reforms, attracting foreign investment, and securing the Next Generation EU program, contrasting it with the 2015-2019 period of low growth.

Mitsotakis Credits Reforms for Greece's Economic Recovery

Greek Prime Minister Kyriakos Mitsotakis, in a CNBC interview, attributed Greece's economic turnaround since 2019 to bold reforms, attracting foreign investment, and securing the Next Generation EU program, contrasting it with the 2015-2019 period of low growth.

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How did the negotiation and securing of the Next Generation EU program contribute to the current state of the Greek economy, and what are the long-term implications of this program?

Mitsotakis's statements connect Greece's economic recovery to specific policy choices and their impact on investor confidence and growth. His claim of improved competitiveness is linked to structural reforms, while the success of attracting foreign investment is directly tied to his negotiation of the Next Generation EU program. The contrast with the 2015-2019 period further underscores the impact of policy choices on economic performance.

kathimerini.gr

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May 23, 13:12

ECB to Cut Rates in June, but Pause Expected to Follow

The European Central Bank is expected to lower interest rates by 25 basis points in June to 2%, marking the eighth cut since June 2024, but a pause is anticipated thereafter due to rising inflation expectations and concerns about trade barriers and increased government spending.

ECB to Cut Rates in June, but Pause Expected to Follow

The European Central Bank is expected to lower interest rates by 25 basis points in June to 2%, marking the eighth cut since June 2024, but a pause is anticipated thereafter due to rising inflation expectations and concerns about trade barriers and increased government spending.

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What is the ECB's likely response to the current inflation and economic growth projections for June, and what factors influence this decision?

The European Central Bank (ECB) is expected to lower interest rates by 25 basis points in June, bringing them to 2%, according to Bank of Greece Governor Yannis Stournaras and Finnish central banker Olli Rehn. This would be the eighth rate cut since June 2024, totaling 175 basis points. However, both anticipate a pause in rate cuts after June due to concerns about inflationary pressures.

dw.com

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May 23, 19:14

Napoli's Title Hopes Hang in the Balance: Playoff Possible Before Champions League Final

Napoli, leading Serie A, could clinch the title tonight, but a win for Inter Milan might force a playoff before their Champions League final.

Napoli's Title Hopes Hang in the Balance: Playoff Possible Before Champions League Final

Napoli, leading Serie A, could clinch the title tonight, but a win for Inter Milan might force a playoff before their Champions League final.

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Reduced Inequality

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How might the timing of a potential Serie A playoff affect Inter Milan's performance in the Champions League final?

The uncertainty highlights the intense competition in Serie A and the potential for dramatic outcomes. The playoff scenario, if it occurs, would pit two rivals against each other days before a major European final.

elmundo.es

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May 23, 16:09

Spain's EU Lobbying for Regional Language Status Faces Backlash

The Spanish government is intensely lobbying the EU to grant official status to Catalan, Basque, and Galician, facing strong opposition from the PP and Vox who accuse it of blackmailing EU members, potentially using military aid to Ukraine as leverage to appease separatist demands.

Spain's EU Lobbying for Regional Language Status Faces Backlash

The Spanish government is intensely lobbying the EU to grant official status to Catalan, Basque, and Galician, facing strong opposition from the PP and Vox who accuse it of blackmailing EU members, potentially using military aid to Ukraine as leverage to appease separatist demands.

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Peace, Justice, and Strong Institutions

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How does the opposition's criticism of the Spanish government's actions reflect broader political divisions within Spain?

The Spanish government's actions stem from pressure by Junts, a Catalan separatist party, whose votes are crucial for the current government's survival. The opposition views the government's lobbying efforts as yielding to separatist demands and potentially harming Spain's international standing. This involves accusations of leveraging Spanish military aid to Eastern European countries to secure votes for the official status of regional languages within the EU.

abcnews.go.com

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May 23, 19:15

Trump's Tariff Threats Trigger Stock Market Decline

President Trump's Friday threats of new tariffs on Apple (25%) for not manufacturing iPhones in the U.S. and on the European Union (50% starting June 1st) caused the Dow Jones to drop 240 points (0.5%), the S&P 500 to fall 0.7%, the Nasdaq to decline 1%, and the STOXX Europe 600 to decrease almost 1...

Trump's Tariff Threats Trigger Stock Market Decline

President Trump's Friday threats of new tariffs on Apple (25%) for not manufacturing iPhones in the U.S. and on the European Union (50% starting June 1st) caused the Dow Jones to drop 240 points (0.5%), the S&P 500 to fall 0.7%, the Nasdaq to decline 1%, and the STOXX Europe 600 to decrease almost 1...

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How do President Trump's recent tariff actions relate to his broader economic and trade policies?

Trump's actions are directly linked to his desire to boost domestic manufacturing. He is demanding Apple manufacture iPhones in the U.S. and is threatening a 50% tariff on European Union goods starting June 1st, escalating trade tensions and impacting global markets. These actions follow recent tariff rollbacks, highlighting the volatile nature of U.S. trade policy under the current administration.

gr.euronews.com

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May 23, 22:09

Nine EU Countries Propose ECHR Changes to Address Immigration Challenges

Italy and Denmark, along with seven other EU countries, initiated a letter proposing changes to the European Convention on Human Rights to enhance national control over immigration and the handling of criminal immigrants, citing concerns about the ECtHR's interpretation and its impact on national po...

Nine EU Countries Propose ECHR Changes to Address Immigration Challenges

Italy and Denmark, along with seven other EU countries, initiated a letter proposing changes to the European Convention on Human Rights to enhance national control over immigration and the handling of criminal immigrants, citing concerns about the ECtHR's interpretation and its impact on national po...

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Peace, Justice, and Strong Institutions

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How might this joint letter affect the balance between national sovereignty and human rights within the European Union?

The letter highlights the increase in illegal immigration in recent decades and its impact on European societies. It argues that the ECHR's interpretation by the European Court of Human Rights (ECtHR) has in some instances hindered national policy decisions regarding immigration and the handling of criminal immigrants. The nine countries aim to achieve a more balanced approach between upholding human rights and addressing national security concerns.

tr.euronews.com

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May 23, 01:12

Georgia Reiterates 2030 EU Membership Goal Amidst Improved Relations

At the Qatar Economic Forum, Georgia's Economy Minister Davitaşvili reiterated the country's commitment to EU membership by 2030, despite past tensions, highlighting recent improved relations with the EU following a meeting between the Georgian Prime Minister and French President Macron.

Georgia Reiterates 2030 EU Membership Goal Amidst Improved Relations

At the Qatar Economic Forum, Georgia's Economy Minister Davitaşvili reiterated the country's commitment to EU membership by 2030, despite past tensions, highlighting recent improved relations with the EU following a meeting between the Georgian Prime Minister and French President Macron.

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What is Georgia's current progress toward EU membership, and what are the immediate implications?

The Georgian Economy and Sustainable Development Minister, Davitaşvili, stated at the Qatar Economic Forum in Doha that Georgia has already met 60 percent of the EU membership criteria and aims for full membership by 2030. This timeline aligns with Prime Minister Kobakhidze's previous statements, despite acknowledging challenges with EU bureaucracy.

Showing 1,417 to 1,428 of 5,068 results