Tag #European Union

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faz.net

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Feb 26, 22:09

ECB Debates Pause on Interest Rate Cuts Amid Shift in Global Savings

The European Central Bank (ECB) is debating whether to pause interest rate cuts, as board member Isabel Schnabel argues that higher real interest rates may be needed to maintain price stability due to a shift from a global savings glut to a bond glut, impacting market interest rates and prompting di...

ECB Debates Pause on Interest Rate Cuts Amid Shift in Global Savings

The European Central Bank (ECB) is debating whether to pause interest rate cuts, as board member Isabel Schnabel argues that higher real interest rates may be needed to maintain price stability due to a shift from a global savings glut to a bond glut, impacting market interest rates and prompting di...

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Reduced Inequality

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How does the shift from a global "savings glut" to a "bond glut" influence the ECB's monetary policy decisions?

Schnabel's argument centers on a shift from a global "savings glut" to a "bond glut," driven by increased government deficits and central bank balance sheet reductions. This reduces the premium investors demand for holding government bonds, impacting market interest rates and potentially requiring higher real interest rates to maintain price stability. This contrasts with the 2010s, when low real rates were partly due to a global savings glut.

elpais.com

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Feb 26, 22:09

EU Launches €100 Billion Plan to Boost Industrial Competitiveness

The European Commission unveiled a €100 billion plan to revitalize EU industry by lowering energy costs, streamlining regulations, and creating a new decarbonization bank, aiming to boost competitiveness while meeting climate targets.

EU Launches €100 Billion Plan to Boost Industrial Competitiveness

The European Commission unveiled a €100 billion plan to revitalize EU industry by lowering energy costs, streamlining regulations, and creating a new decarbonization bank, aiming to boost competitiveness while meeting climate targets.

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Industry, Innovation, and Infrastructure

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What immediate actions are taken to address the EU's high energy costs and enhance industrial competitiveness?

The European Commission launched a three-pronged plan to boost EU industrial competitiveness: a Clean Industry Pact, an Affordable Energy Plan, and a red-tape reduction program. A key component is a €100 billion industrial decarbonization bank, funded by member states, EU budget, and carbon emission revenues.

cincodias.elpais.com

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Feb 26, 13:09

Shift in Spanish Savings: From Deposits to Investment Funds

Due to low interest rates set by the European Central Bank, Spanish savers are moving their money from bank deposits to investment funds; in 2024, deposits accounted for 70% of savings, while investment funds reached 30%, marking a significant shift from the previous year.

Shift in Spanish Savings: From Deposits to Investment Funds

Due to low interest rates set by the European Central Bank, Spanish savers are moving their money from bank deposits to investment funds; in 2024, deposits accounted for 70% of savings, while investment funds reached 30%, marking a significant shift from the previous year.

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What is the primary factor driving the shift of Spanish savings from bank deposits to investment funds?

Spanish savers have shifted their savings from bank accounts to investment funds, with fund assets growing 15.1% while deposits increased only 3.4% in the last year. This reflects lower deposit interest rates due to European Central Bank monetary policy, causing a search for better returns. The shift is notable given Spaniards' traditionally conservative investment profiles.

arabic.euronews.com

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Feb 26, 22:09

EU Car Registrations Fall in January 2025 Despite Electric Vehicle Surge

Passenger car registrations in the EU fell by 2.6% year-over-year in January 2025 to 831,201 units, driven by decreased demand in France and Italy; however, battery electric vehicle registrations surged by 34%, reaching 15% market share, while gasoline car registrations decreased by 18.9%.

EU Car Registrations Fall in January 2025 Despite Electric Vehicle Surge

Passenger car registrations in the EU fell by 2.6% year-over-year in January 2025 to 831,201 units, driven by decreased demand in France and Italy; however, battery electric vehicle registrations surged by 34%, reaching 15% market share, while gasoline car registrations decreased by 18.9%.

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Climate Action

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What were the key factors influencing the overall decline in passenger car registrations across the European Union in January 2025?

The European Union saw a 2.6% year-over-year decline in passenger car registrations in January 2025, totaling 831,201 units. This decrease is attributed to lower demand in major countries like France and Italy, with Paris and Rome experiencing declines of 6.2% and 5.8%, respectively. However, Madrid registered a 5.3% increase.

corriere.it

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Feb 25, 04:08

German Election Signals Shift in Foreign Policy Toward Stronger European Ties

Following the German election, Chancellor-designate Friedrich Merz's tweet emphasized addressing global crises, collaborating with allies for freedom and security, contrasting with a rival's call for faster European independence from the US, indicating a shift in German foreign policy toward strengt...

German Election Signals Shift in Foreign Policy Toward Stronger European Ties

Following the German election, Chancellor-designate Friedrich Merz's tweet emphasized addressing global crises, collaborating with allies for freedom and security, contrasting with a rival's call for faster European independence from the US, indicating a shift in German foreign policy toward strengt...

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Peace, Justice, and Strong Institutions

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What immediate impact will the shift in German foreign policy, as signaled by Merz's statement, have on transatlantic relations and European security?

Following the German election, Friedrich Merz, the new chancellor-designate, emphasized in a tweet the need to address global crises and contribute to global freedom and security alongside allies. This contrasts with his rival's call for faster European independence from the US, highlighting a shift in German foreign policy.

dw.com

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Feb 25, 07:09

Canada Expands Sanctions Against Russia, Targeting Key Figures and Entities

On February 24th, Canada imposed sanctions on 33 individuals and 44 entities, including Vladimir Pozner, Sergey Tsivilev, and Yelena Vyalbe, along with 109 Russian tankers, expanding on previous measures to counter Russia's war in Ukraine.

Canada Expands Sanctions Against Russia, Targeting Key Figures and Entities

On February 24th, Canada imposed sanctions on 33 individuals and 44 entities, including Vladimir Pozner, Sergey Tsivilev, and Yelena Vyalbe, along with 109 Russian tankers, expanding on previous measures to counter Russia's war in Ukraine.

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How do the latest Canadian sanctions relate to previous measures against Russia, and what broader patterns do they reveal?

This Canadian action, coinciding with the anniversary of the Ukraine war, expands upon previous sanctions targeting Russia's energy sector, military, and those facilitating sanctions evasion. The inclusion of individuals like Pozner suggests a broadening of targets beyond purely economic actors.

dw.com

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Feb 26, 22:09

EU to Ease Sustainability Rules to Boost Competitiveness

The European Commission is proposing to ease sustainability reporting and supply chain responsibility rules for businesses, particularly SMEs, to boost EU competitiveness, aiming for a 25% reduction in administrative burden by 2029 and saving €6 billion annually. This move has drawn criticism from e...

EU to Ease Sustainability Rules to Boost Competitiveness

The European Commission is proposing to ease sustainability reporting and supply chain responsibility rules for businesses, particularly SMEs, to boost EU competitiveness, aiming for a 25% reduction in administrative burden by 2029 and saving €6 billion annually. This move has drawn criticism from e...

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Climate Action

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Why is the EU pursuing deregulation now, and what are the international economic factors influencing this decision?

These proposals connect to broader concerns about EU economic competitiveness relative to the US and China. The Commission cites a lack of innovation as a root cause, mirroring concerns voiced by former ECB President Draghi. The deregulation aims to level the playing field for European businesses while maintaining ambitious climate goals.

nos.nl

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Feb 26, 22:09

EU Unveils €100 Billion Industrial Rescue Plan Amidst Job Loss Fears

The European Commission unveiled a €100 billion rescue plan to support the European industry's green transition, aiming to reduce energy costs, increase competitiveness, and prevent job losses, prompting positive reactions from Dutch industries but requiring national government commitments.

EU Unveils €100 Billion Industrial Rescue Plan Amidst Job Loss Fears

The European Commission unveiled a €100 billion rescue plan to support the European industry's green transition, aiming to reduce energy costs, increase competitiveness, and prevent job losses, prompting positive reactions from Dutch industries but requiring national government commitments.

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Industry, Innovation, and Infrastructure

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What immediate actions does the European Commission's rescue plan propose to address the urgent needs of the European industry?

The European Commission presented a rescue plan for the struggling European industry, prompting a positive response from Dutch industrialists who see it as crucial to prevent further job losses and economic decline. The plan includes measures like abolishing energy taxes and providing financial aid for sustainable investments, addressing high energy costs and lack of profitability in green transitions.

zeit.de

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Feb 26, 19:10

BGH: Phone Number Not Mandatory in Distance Contract Withdrawal Instructions

The German Federal Court of Justice (BGH) ruled that a phone number isn't mandatory in distance contract withdrawal instructions if a postal address and email are provided; a consumer's appeal was rejected because the court found the withdrawal instruction sufficient, impacting businesses' legal com...

BGH: Phone Number Not Mandatory in Distance Contract Withdrawal Instructions

The German Federal Court of Justice (BGH) ruled that a phone number isn't mandatory in distance contract withdrawal instructions if a postal address and email are provided; a consumer's appeal was rejected because the court found the withdrawal instruction sufficient, impacting businesses' legal com...

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What are the minimum contact details required in a withdrawal instruction for distance contracts under German law, according to the BGH?

The German Federal Court of Justice (BGH) ruled that a phone number is not mandatory in a withdrawal instruction for distance contracts if a postal address and email address are provided. A consumer's appeal was rejected because the court deemed the provided withdrawal instruction, lacking a phone number but including a postal address and email address, sufficient. The court emphasized that the effectiveness of the withdrawal instruction is a matter for national courts to decide.

dw.com

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Feb 25, 01:10

Merz Prioritizes Stronger, Independent Europe Amidst Concerns Over U.S. Policy Shift Under Trump

Following the German elections, Friedrich Merz highlighted growing international expectations for Germany's leadership in supporting Ukraine, strengthening European defense, and managing transatlantic relations amid concerns about a shift in U.S. policy under President Trump, who is negotiating with...

Merz Prioritizes Stronger, Independent Europe Amidst Concerns Over U.S. Policy Shift Under Trump

Following the German elections, Friedrich Merz highlighted growing international expectations for Germany's leadership in supporting Ukraine, strengthening European defense, and managing transatlantic relations amid concerns about a shift in U.S. policy under President Trump, who is negotiating with...

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How does the current state of transatlantic relations affect Germany's ability to meet its defense obligations within NATO, and what financial implications does this have?

Merz's concerns stem from Trump's reported negotiations with Moscow to end the war in Ukraine without Ukrainian President Zelenskyy's involvement. This action, coupled with Trump's labeling of Zelenskyy as a "dictator", signals a potential shift in U.S. foreign policy that could undermine European unity and security. Merz emphasized the need for a stronger, more independent Europe to counter this.

europe.chinadaily.com.cn

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Feb 25, 04:09

Merz's Projected Victory Signals Potential Shift in Transatlantic Relations

Germany's national elections resulted in a projected victory for Friedrich Merz, leader of the conservative Union parties, who aims to form a coalition government prioritizing European unity and independence from the US, while the AfD secured its best-ever electoral performance.

Merz's Projected Victory Signals Potential Shift in Transatlantic Relations

Germany's national elections resulted in a projected victory for Friedrich Merz, leader of the conservative Union parties, who aims to form a coalition government prioritizing European unity and independence from the US, while the AfD secured its best-ever electoral performance.

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How might the rise of the AfD impact German domestic and foreign policies?

Merz's emphasis on European unity signals a potential shift in transatlantic relations. His stated goal of achieving "independence" from the US contrasts with previous German governments' close ties to the US. This shift could reshape European foreign policy and defense spending.

dw.com

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Feb 25, 19:08

Trump's Ukraine Peace Push Unsettles Europe

Donald Trump's push to end the Russia-Ukraine war by shifting responsibility to Europe has unsettled the EU, which lacks a unified response despite providing €134 billion in aid; experts warn Trump's efforts will likely fail, requiring Europe to independently sustain aid to Ukraine.

Trump's Ukraine Peace Push Unsettles Europe

Donald Trump's push to end the Russia-Ukraine war by shifting responsibility to Europe has unsettled the EU, which lacks a unified response despite providing €134 billion in aid; experts warn Trump's efforts will likely fail, requiring Europe to independently sustain aid to Ukraine.

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How has the EU responded to Trump's efforts to end the war, and what factors account for this response?

Trump's push for a negotiated settlement, including outreach to Russia and criticism of Kyiv, has unsettled Europe. The EU lacks a unified response, with no designated representative for war talks and no collective approach to security guarantees for Ukraine. This inaction stems from internal divisions and uncertainty regarding future US involvement.

Showing 2,857 to 2,868 of 5,068 results