Tag #European Union

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elpais.com

🌐 85% Global Worthiness

Jun 2, 10:12

EU Threatens Spain Over BBVA-Sabadell Merger, Raising Banking Concentration Concerns

The European Commission is threatening Spain for allowing BBVA's potential takeover of Sabadell, fearing increased banking concentration in Catalonia, where the two would control 70% of the market, ignoring the lessons of the 2008 financial crisis and the Liikanen report's warnings on "too-big-to-fa...

EU Threatens Spain Over BBVA-Sabadell Merger, Raising Banking Concentration Concerns

The European Commission is threatening Spain for allowing BBVA's potential takeover of Sabadell, fearing increased banking concentration in Catalonia, where the two would control 70% of the market, ignoring the lessons of the 2008 financial crisis and the Liikanen report's warnings on "too-big-to-fa...

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Reduced Inequality

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How does the proposed merger relate to the findings of the Liikanen Report and the broader issue of "too-big-to-fail" banks?

This action stems from the 2012 Liikanen report, which warned about the dangers of "too-big-to-fail" banks and their implicit subsidies. The report highlighted increased market power, excessive risk-taking, and supervisory challenges associated with large banks. The 2011 IFO EEAG report estimates these implicit subsidies at 20-65 basis points in terms of financing cost advantage.

fr.euronews.com

🌐 75% Global Worthiness

Jun 2, 22:10

EU Undocumented Citizen Numbers Fall 27.4% in 2024 Amid Increased Returns and Border Refusals

Eurostat reports a 27.4% decrease in undocumented EU citizens in 2024, partly due to a 19.3% increase in third-country national returns (Georgia: 11,585; Turkey: 7,910; Albania: 7,810; Moldova: 4,970), with 53.8% voluntary and 46.2% forced. Border refusals increased slightly to 123,655, mainly impac...

EU Undocumented Citizen Numbers Fall 27.4% in 2024 Amid Increased Returns and Border Refusals

Eurostat reports a 27.4% decrease in undocumented EU citizens in 2024, partly due to a 19.3% increase in third-country national returns (Georgia: 11,585; Turkey: 7,910; Albania: 7,810; Moldova: 4,970), with 53.8% voluntary and 46.2% forced. Border refusals increased slightly to 123,655, mainly impac...

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Peace, Justice, and Strong Institutions

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What is the overall impact of the stricter return policies on the number of undocumented citizens in the EU in 2024?

In 2024, the number of undocumented citizens in the EU decreased by 27.4%, according to Eurostat. This decrease is partly due to a more active return policy, with a 19.3% increase in the number of third-country nationals returned compared to the previous year. Germany, France, and Italy account for over half of the undocumented.

lefigaro.fr

🌐 75% Global Worthiness

Jun 2, 13:14

French Senate Debates Bill to Curb "Fast Fashion" Amid Environmental Concerns

The French Senate is debating a bill to curb "fast fashion's" environmental impact, focusing on companies like Shein and Temu, by defining "fast fashion", implementing a revised bonus-malus system for environmental costs, and potentially banning advertising. The bill follows a surge in clothing on t...

French Senate Debates Bill to Curb "Fast Fashion" Amid Environmental Concerns

The French Senate is debating a bill to curb "fast fashion's" environmental impact, focusing on companies like Shein and Temu, by defining "fast fashion", implementing a revised bonus-malus system for environmental costs, and potentially banning advertising. The bill follows a surge in clothing on t...

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Responsible Consumption and Production

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What immediate impact will the French Senate's review of the fast fashion bill have on the influx of low-cost clothing from companies like Shein and Temu?

The French Senate is reviewing a bill aimed at curbing "fast fashion," particularly targeting companies like Shein and Temu. The bill, initially passed by the National Assembly in March 2024, defines "fast fashion" based on production volume, collection turnover, product lifespan, and repair incentives, imposing obligations on companies to educate consumers about environmental impact and implementing a revised bonus-malus system for environmental costs. This follows a significant increase in clothing put on the French market, from 2.3 billion in 2010 to 3.2 billion in 2023.

politico.eu

🌐 85% Global Worthiness

Jun 1, 10:08

EU Investigates Airlines Over Carry-On Bag Fees

Spain fined five airlines \$179 million for charging for hand luggage, prompting 12 European consumer organizations to file an EU complaint against several airlines for "illegal" charges, reigniting a debate about what constitutes reasonably sized baggage under a 2014 EU ruling.

EU Investigates Airlines Over Carry-On Bag Fees

Spain fined five airlines \$179 million for charging for hand luggage, prompting 12 European consumer organizations to file an EU complaint against several airlines for "illegal" charges, reigniting a debate about what constitutes reasonably sized baggage under a 2014 EU ruling.

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What are the arguments for and against charging for carry-on luggage, and how does the 2014 EU court ruling factor into the current debate?

The core issue is the legality of airlines charging for carry-on luggage under EU law. While airlines argue the fees are necessary for efficient boarding and are in line with a 2014 ruling allowing charges for oversized bags, consumer groups contend the fees are exploitative and unlawful for reasonably sized bags. Ryanair's ancillary revenue from such fees totaled \$4.7 billion in 2022.

elmundo.es

🌐 75% Global Worthiness

Jun 1, 19:13

Low Eurozone Interest Rates Impact Spanish Savings

One year after the first Eurozone interest rate cut, Spanish savers face low returns with major banks focusing on remunerated accounts, while smaller banks offer higher deposit rates; however, inflation may outpace even these rates, pushing investors towards short-term government bonds.

Low Eurozone Interest Rates Impact Spanish Savings

One year after the first Eurozone interest rate cut, Spanish savers face low returns with major banks focusing on remunerated accounts, while smaller banks offer higher deposit rates; however, inflation may outpace even these rates, pushing investors towards short-term government bonds.

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What are the immediate consequences of the European Central Bank's interest rate cuts on Spanish savers?

On June 12th, 2024, it will be one year since the first interest rate cut in the Eurozone. Since then, the European Central Bank has cut rates seven times, forcing Spanish savers to adapt to lower returns. Major Spanish banks haven't competed on deposit rates, focusing instead on remunerated accounts with conditions like direct payroll deposits.

zeit.de

🌐 75% Global Worthiness

Jun 1, 13:11

Trzaskowski's Presidential Bid: Balancing Modernization and Traditional Values

Rafal Trzaskowski, a 53-year-old pro-European Polish presidential candidate and Warsaw's mayor, is known for his modernization efforts but faces challenges appealing to rural and conservative voters due to his liberal stance on LGBT rights and past controversies involving public spending.

Trzaskowski's Presidential Bid: Balancing Modernization and Traditional Values

Rafal Trzaskowski, a 53-year-old pro-European Polish presidential candidate and Warsaw's mayor, is known for his modernization efforts but faces challenges appealing to rural and conservative voters due to his liberal stance on LGBT rights and past controversies involving public spending.

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Sustainable Cities and Communities

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How has Trzaskowski's handling of controversies, such as the high cost of a park restroom and his stance on LGBT rights, affected his campaign?

Trzaskowski's background includes studies in Paris and Oxford, along with experience as a minister and deputy foreign minister. His multilingualism and international experience are assets, but his image as a big-city elite hinders his appeal in rural areas. His support for LGBT rights and secular policies alienates some voters in traditionally Catholic Poland.

kathimerini.gr

🌐 85% Global Worthiness

Jun 2, 22:10

Europe's Housing Crisis: ECB Warns of Limited Mortgage Relief

The European Central Bank warned that most homeowners won't see mortgage relief despite interest rate cuts; Germany extended rent increase restrictions until 2029, while Ireland pledged €4 billion annually for housing; Portugal's plan to build on agricultural land faces criticism.

Europe's Housing Crisis: ECB Warns of Limited Mortgage Relief

The European Central Bank warned that most homeowners won't see mortgage relief despite interest rate cuts; Germany extended rent increase restrictions until 2029, while Ireland pledged €4 billion annually for housing; Portugal's plan to build on agricultural land faces criticism.

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No Poverty

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How are rent control measures in Germany impacting the housing construction sector?

The ongoing European housing crisis is characterized by soaring rents and home prices, exceeding wage growth, leaving many unable to afford housing. This is fueled by insufficient construction, increased demand, and the impact of platforms like Airbnb. Data shows over 10% of EU households spend over 40% of their income on housing.

elpais.com

🌐 75% Global Worthiness

Jun 2, 13:14

Andalusian Government Blocked from Rejoining ERE Case

The Seville High Court rejected the Andalusian government's request to rejoin the ERE case as a plaintiff, citing its 2016 withdrawal. This decision blocks the government's attempt to challenge Constitutional Court rulings via the European Court of Justice and recover €700 million.

Andalusian Government Blocked from Rejoining ERE Case

The Seville High Court rejected the Andalusian government's request to rejoin the ERE case as a plaintiff, citing its 2016 withdrawal. This decision blocks the government's attempt to challenge Constitutional Court rulings via the European Court of Justice and recover €700 million.

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How does the Andalusian government's 2016 decision to withdraw from the ERE case influence the current legal proceedings and its objectives?

The court's decision stems from the Andalusian government's 2016 withdrawal of its criminal action in the ERE case, reserving only civil claims. The current attempt to rejoin as a plaintiff, aiming to recover €700 million and challenge Constitutional Court rulings, is deemed inconsistent with this prior action. This highlights the legal complexities and limitations on reversing prior decisions.

kathimerini.gr

🌐 75% Global Worthiness

Jun 2, 13:14

High Energy Costs Threaten Greek Industry Competitiveness

High energy costs in Greece, two to three times higher than in China and the US, threaten the competitiveness of Greek energy-intensive industries, prompting calls for national support measures as other EU nations bypass EU state aid rules to aid their own industries.

High Energy Costs Threaten Greek Industry Competitiveness

High energy costs in Greece, two to three times higher than in China and the US, threaten the competitiveness of Greek energy-intensive industries, prompting calls for national support measures as other EU nations bypass EU state aid rules to aid their own industries.

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Industry, Innovation, and Infrastructure

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What immediate actions are necessary to alleviate the competitiveness crisis faced by Greek energy-intensive industries given the high energy costs compared to other EU nations and global competitors?

Greek industry faces intensified competition due to high production costs, exacerbated by energy prices two to three times higher than in China and the US. This lack of competitiveness, highlighted in the Draghi report, threatens sustainable growth and necessitates government intervention.

nrc.nl

🌐 85% Global Worthiness

Jun 1, 07:08

Netherlands Defends European Court of Human Rights Against Political Pressure on Migration

The Dutch government refused to sign a letter from nine European nations urging the European Court of Human Rights to be more lenient on migration cases, defending the court's independence against political pressure seeking stricter migration policies and highlighting concerns about undermining the ...

Netherlands Defends European Court of Human Rights Against Political Pressure on Migration

The Dutch government refused to sign a letter from nine European nations urging the European Court of Human Rights to be more lenient on migration cases, defending the court's independence against political pressure seeking stricter migration policies and highlighting concerns about undermining the ...

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Peace, Justice, and Strong Institutions

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How does the Dutch government's stance on this issue relate to broader debates within Europe regarding migration policy and the rule of law?

This refusal is significant because it defends the independence of the European Court of Human Rights against political pressure from several European governments seeking stricter migration policies. These governments want to circumvent existing human rights protections to deport criminals and reject asylum seekers more easily, a move that the Dutch government opposed.

zeit.de

🌐 75% Global Worthiness

Jun 1, 07:08

75 Years of NRW Constitution: Reflecting Societal Change

The North Rhine-Westphalia state constitution, adopted on July 11, 1950, after a June 1950 referendum, is celebrating its 75th anniversary with an exhibition detailing its evolution, including key amendments reflecting societal shifts such as school reforms (1968), voting age changes (1969), data pr...

75 Years of NRW Constitution: Reflecting Societal Change

The North Rhine-Westphalia state constitution, adopted on July 11, 1950, after a June 1950 referendum, is celebrating its 75th anniversary with an exhibition detailing its evolution, including key amendments reflecting societal shifts such as school reforms (1968), voting age changes (1969), data pr...

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Quality Education

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What key societal changes are reflected in the amendments to the North Rhine-Westphalia state constitution over the past 75 years?

The North Rhine-Westphalia (NRW) state constitution, enacted on July 11, 1950, celebrates its 75th anniversary. It has been amended numerous times, reflecting societal changes. A special exhibition at the House of History of North Rhine-Westphalia in the state parliament from July 3rd to 11th will showcase its evolution.

welt.de

🌐 75% Global Worthiness

Jun 1, 13:11

Trzaskowski's Presidential Bid: Strengths, Weaknesses, and Strategic Maneuvers

Rafal Trzaskowski, a 53-year-old pro-European Polish politician and Warsaw's mayor, narrowly lost the 2020 presidential election; his modernizing policies and support for LGBT rights contrast with his perceived elitism and alienate some voters, while his strategic outreach to the far-right demonstra...

Trzaskowski's Presidential Bid: Strengths, Weaknesses, and Strategic Maneuvers

Rafal Trzaskowski, a 53-year-old pro-European Polish politician and Warsaw's mayor, narrowly lost the 2020 presidential election; his modernizing policies and support for LGBT rights contrast with his perceived elitism and alienate some voters, while his strategic outreach to the far-right demonstra...

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Sustainable Cities and Communities

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How does Trzaskowski's urban development policies in Warsaw affect his broader appeal among different segments of Polish society?

Trzaskowski's strengths include international experience, media skills, and a modern image. However, his perceived elitism hinders his appeal in rural areas, where traditional values hold sway, contrasting with his support for LGBT rights.

Showing 133 to 144 of 3,936 results