Tag #European Union

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dw.com

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May 5, 13:15

EU Court Strikes Down Malta's "Golden Passport" Scheme

The European Court of Justice ruled against Malta's "golden passport" scheme, deeming it a "mere commercial transaction" violating EU law after a 12-year campaign by anti-corruption activist Manuel Delia; the decision follows similar outcomes in other EU countries and raises concerns about money lau...

EU Court Strikes Down Malta's "Golden Passport" Scheme

The European Court of Justice ruled against Malta's "golden passport" scheme, deeming it a "mere commercial transaction" violating EU law after a 12-year campaign by anti-corruption activist Manuel Delia; the decision follows similar outcomes in other EU countries and raises concerns about money lau...

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Peace, Justice, and Strong Institutions

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What are the immediate consequences of the European Court of Justice's ruling against Malta's "golden passport" scheme?

The European Union's Court of Justice ruled that Malta's "golden passport" scheme, which granted citizenship in exchange for investment, violated EU law. This decision, following a 12-year campaign by anti-corruption activist Manuel Delia, deemed the program a "mere commercial transaction", undermining the principle of solidarity among EU member states.

welt.de

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May 5, 19:19

Luxembourg Condemns Germany's Stricter Border Controls"

Luxembourg's Interior Minister Léon Gloden criticized Germany's plan to increase border controls and migrant rejections, stating that it disrupts the Schengen Area's free movement and advocating for strengthening external border controls instead; Germany plans to implement these measures starting We...

Luxembourg Condemns Germany's Stricter Border Controls"

Luxembourg's Interior Minister Léon Gloden criticized Germany's plan to increase border controls and migrant rejections, stating that it disrupts the Schengen Area's free movement and advocating for strengthening external border controls instead; Germany plans to implement these measures starting We...

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Peace, Justice, and Strong Institutions

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What are the immediate impacts of Germany's planned stricter border controls and increased rejections on cross-border traffic and the Schengen Area?

Luxembourg strongly criticized Germany's announcement of stricter border controls and increased rejections at the German borders. The controls at the Schengen Area's internal borders are viewed by Luxembourg as a disapproval, advocating for increased external border controls instead. This was communicated by Luxembourg's Interior Minister Léon Gloden to the German Press Agency.

politico.eu

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May 5, 19:19

Hungary Delays EU Plan to End Russian Energy Reliance

Hungary's EU Commissioner, Olivér Várhelyi, unexpectedly delayed the release of the EU's plan to end reliance on Russian energy with a procedural objection hours before its scheduled unveiling on Tuesday, raising concerns about potential conflicts of interest given Hungary's pro-Russia energy polici...

Hungary Delays EU Plan to End Russian Energy Reliance

Hungary's EU Commissioner, Olivér Várhelyi, unexpectedly delayed the release of the EU's plan to end reliance on Russian energy with a procedural objection hours before its scheduled unveiling on Tuesday, raising concerns about potential conflicts of interest given Hungary's pro-Russia energy polici...

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Affordable and Clean Energy

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How does Hungary's Russia-friendly energy policy influence the EU's efforts to end its reliance on Russian fossil fuels?

Várhelyi's objection highlights the challenges the EU faces in achieving energy independence from Russia. Hungary's pro-Russia energy policies, exemplified by Prime Minister Viktor Orbán's actions, directly conflict with the EU's broader strategy. This conflict underscores the potential for national interests to impede the bloc's collective goals.

es.euronews.com

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May 5, 22:10

Merz Becomes German Chancellor as CDU/CSU-SPD Coalition Takes Power

Germany's new CDU/CSU-SPD coalition government, led by Chancellor Friedrich Merz, officially started on Tuesday with a 144-page coalition agreement prioritizing economic growth, increased defense spending, stricter immigration, and infrastructure modernization, while aiming for carbon neutrality by ...

Merz Becomes German Chancellor as CDU/CSU-SPD Coalition Takes Power

Germany's new CDU/CSU-SPD coalition government, led by Chancellor Friedrich Merz, officially started on Tuesday with a 144-page coalition agreement prioritizing economic growth, increased defense spending, stricter immigration, and infrastructure modernization, while aiming for carbon neutrality by ...

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Decent Work and Economic Growth

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What are the key policy priorities of Germany's new CDU/CSU-SPD coalition government, and what are their immediate implications?

Germany's new CDU/CSU-SPD coalition government, formed with 328 of 630 Bundestag seats, officially began on Tuesday, with Friedrich Merz inaugurated as chancellor. Their 144-page coalition agreement, titled 'Responsibility for Germany', prioritizes economic growth, increased defense spending, stricter immigration policies, and infrastructure modernization.", A2=

welt.de

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May 5, 13:15

Audi's Weak Q1 2024 Results: Low Margins, Job Cuts, and China Challenges

Audi reported weak first-quarter 2024 results, marked by low margins, a low three-digit million-euro CO2 provision, and declining sales in China due to intense price competition; the company plans to cut 7,500 jobs by 2029.

Audi's Weak Q1 2024 Results: Low Margins, Job Cuts, and China Challenges

Audi reported weak first-quarter 2024 results, marked by low margins, a low three-digit million-euro CO2 provision, and declining sales in China due to intense price competition; the company plans to cut 7,500 jobs by 2029.

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Climate Action

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What are the primary factors contributing to Audi's weak financial performance in the first quarter of 2024?

Audi's operating margin remains weak, forcing the company to set aside a low three-digit million-euro amount for stricter CO2 regulations. This, coupled with declining sales in China due to intense price competition, contributed to lower-than-expected profits.

forbes.com

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May 5, 19:20

Juventus Draw Opens Up Serie A Champions League Race

Juventus's 1-1 draw with Bologna on May 6th, 2024, leaves the race for the final UEFA Champions League spots in Serie A extremely tight, with four teams separated by just one point heading into the final three games.

Juventus Draw Opens Up Serie A Champions League Race

Juventus's 1-1 draw with Bologna on May 6th, 2024, leaves the race for the final UEFA Champions League spots in Serie A extremely tight, with four teams separated by just one point heading into the final three games.

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Decent Work and Economic Growth

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How did Juventus's injury crisis affect their performance and the outcome of the match against Bologna?

The draw highlights the intense competition for Champions League qualification in Serie A. Juventus's inability to capitalize on their early lead and numerous missed chances ultimately cost them the win. The outcome keeps the race tight with only three games left, increasing the stakes for each team.

sueddeutsche.de

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May 5, 16:13

ESMA's Sustainable Fund Rules Prompt Widespread Fund Renaming and Restructuring

Facing a May 21, 2025 deadline for new EU sustainable fund naming rules, major European fund companies like Union Investment, DWS, Allianz Global Investors, and Deka have renamed or adjusted dozens of funds to comply with stricter investment criteria, revealing discrepancies between marketing and ac...

ESMA's Sustainable Fund Rules Prompt Widespread Fund Renaming and Restructuring

Facing a May 21, 2025 deadline for new EU sustainable fund naming rules, major European fund companies like Union Investment, DWS, Allianz Global Investors, and Deka have renamed or adjusted dozens of funds to comply with stricter investment criteria, revealing discrepancies between marketing and ac...

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Responsible Consumption and Production

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What are the underlying causes of the discrepancies between the advertised ESG approaches of many funds and their actual investment practices?

This ESMA directive, effective November 2024 for new EU funds, prompted significant changes. Bloomberg reports that major fund companies renamed or adjusted dozens of funds, including Union Investment (rebranding 10 of 13 funds) and DWS (adjusting numerous ESG funds and renaming others, such as the "DWS Invest ESG Women for Women" fund). Allianz Global Investors and Deka also made similar changes.

sueddeutsche.de

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May 5, 19:19

EU Plans to End Russian Gas Imports Amid Legal and Political Hurdles

The European Union plans to end its remaining Russian gas imports by exploring legal loopholes like force majeure and by prohibiting new contracts, despite facing legal challenges and opposition from member states like Hungary and Slovakia; approximately 19 percent of the EU's gas supply currently c...

EU Plans to End Russian Gas Imports Amid Legal and Political Hurdles

The European Union plans to end its remaining Russian gas imports by exploring legal loopholes like force majeure and by prohibiting new contracts, despite facing legal challenges and opposition from member states like Hungary and Slovakia; approximately 19 percent of the EU's gas supply currently c...

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Affordable and Clean Energy

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What is the EU's plan to end remaining Russian gas imports, and what are the main obstacles to its implementation?

The EU plans to eliminate remaining Russian gas imports by exploring options like invoking force majeure to release European companies from contracts and prohibiting new agreements. However, success is uncertain due to legal challenges and the need for unanimous EU approval. Currently, Russia supplies around 19% of the EU's gas needs.

euronews.com

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May 5, 22:10

Denmark to Lead EU Discussions on Major Digital Files

Denmark will chair EU discussions in July on the EU Cloud and AI Development Act, aiming to triple data center capacity by 2030, and the Digital Networks Act (DNA), which will overhaul telecom regulations, before the European Commission presents its proposals by year's end.

Denmark to Lead EU Discussions on Major Digital Files

Denmark will chair EU discussions in July on the EU Cloud and AI Development Act, aiming to triple data center capacity by 2030, and the Digital Networks Act (DNA), which will overhaul telecom regulations, before the European Commission presents its proposals by year's end.

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Industry, Innovation, and Infrastructure

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How will the EU's plan to overhaul telecom regulations in the DNA address concerns raised by member states regarding the initial proposal?

The EU seeks to boost its digital infrastructure and AI adoption. The Cloud and AI Development Act targets increased data center capacity and sustainable practices, while the DNA aims to modernize telecom regulations, addressing concerns raised by member states. These initiatives are part of a broader plan to enhance the EU's digital competitiveness.

sueddeutsche.de

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May 5, 19:19

Luxembourg Condemns Germany's Planned Schengen Border Crackdown

Luxembourg sharply criticized Germany's plan to increase border controls and deportations, advocating instead for reinforced external border controls to maintain the Schengen Area's free movement and avoid disrupting daily life in the Greater Region; Germany plans to implement these measures startin...

Luxembourg Condemns Germany's Planned Schengen Border Crackdown

Luxembourg sharply criticized Germany's plan to increase border controls and deportations, advocating instead for reinforced external border controls to maintain the Schengen Area's free movement and avoid disrupting daily life in the Greater Region; Germany plans to implement these measures startin...

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Peace, Justice, and Strong Institutions

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What are the immediate consequences of Germany's planned increase in border controls and deportations for cross-border traffic and the Schengen Area?

Luxembourg's Interior Minister Léon Gloden criticized Germany's plans to tighten border controls and increase deportations at internal Schengen borders. He emphasized the importance of maintaining the Schengen area's free movement and focusing on external border controls to avoid disrupting daily life in the Greater Region.

zeit.de

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May 5, 19:19

Luxembourg Condemns Germany's Planned Border Control Increase

Luxembourg strongly criticized Germany's plan to increase border controls and deportations at their shared border, advocating instead for reinforced external border controls to preserve the Schengen Area's free movement principle.

Luxembourg Condemns Germany's Planned Border Control Increase

Luxembourg strongly criticized Germany's plan to increase border controls and deportations at their shared border, advocating instead for reinforced external border controls to preserve the Schengen Area's free movement principle.

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What are the immediate implications of Germany's stricter border controls for the Schengen Area?

Luxembourg sharply criticized Germany's announcement of stricter border controls and increased deportations at the German borders. The controls impede the free movement within the Schengen Area, and Luxembourg advocates for enhanced external border controls instead. Luxembourg's Interior Minister Léon Gloden stated that the aim is to avoid the re-establishment of internal borders within the Schengen Area.

nos.nl

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May 4, 01:12

Napoli Extends Serie A Lead, Inter Milan Wins

Napoli defeated Lecce 1-0, with Raspadori scoring, while Inter Milan won 1-0 against Hellas Verona; Napoli maintains a three-point lead in the Serie A title race amidst Lecce fan protests and Inter's injury concerns.

Napoli Extends Serie A Lead, Inter Milan Wins

Napoli defeated Lecce 1-0, with Raspadori scoring, while Inter Milan won 1-0 against Hellas Verona; Napoli maintains a three-point lead in the Serie A title race amidst Lecce fan protests and Inter's injury concerns.

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No Poverty

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What were the immediate impacts of Napoli and Inter Milan's victories on the Serie A title race?

Napoli secured a 1-0 victory against Lecce, extending their lead in the Italian Serie A title race. Giacomo Raspadori scored the winning goal in the 24th minute, marking Napoli's fourth consecutive win. Inter Milan also won 1-0 against Hellas Verona, maintaining a three-point gap behind Napoli.

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