Tag #European Union

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elmundo.es

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Dec 23, 13:11

Spain's Economy Booms: Record Public Spending Fuels 0.8% GDP Growth in Q3 2024

Spain's GDP grew 0.8% in Q3 2024, driven by a record 2.5% increase in public consumption and 1.2% rise in household spending, exceeding EU counterparts despite a 1.3% investment drop.

Spain's Economy Booms: Record Public Spending Fuels 0.8% GDP Growth in Q3 2024

Spain's GDP grew 0.8% in Q3 2024, driven by a record 2.5% increase in public consumption and 1.2% rise in household spending, exceeding EU counterparts despite a 1.3% investment drop.

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Decent Work and Economic Growth

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What were the key drivers of Spain's economic growth in the third quarter of 2024, and what are the immediate implications for the country's economic outlook?

Spain's economy grew by 0.8% in the third quarter of 2024, exceeding expectations and outperforming its European counterparts. This growth was driven primarily by a 2.5% surge in public consumption, the highest in 30 years, and a 1.2% increase in household consumption.

dw.com

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Dec 23, 19:09

Dunkelflaute" Drives European Energy Price Volatility

Germany's reliance on renewable energy, coupled with periods of low wind and solar power ("Dunkelflaute"), caused electricity price spikes in winter 2023, impacting neighboring countries and prompting calls for greater energy independence; however, experts suggest that long-term contracts protect mo...

Dunkelflaute" Drives European Energy Price Volatility

Germany's reliance on renewable energy, coupled with periods of low wind and solar power ("Dunkelflaute"), caused electricity price spikes in winter 2023, impacting neighboring countries and prompting calls for greater energy independence; however, experts suggest that long-term contracts protect mo...

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Affordable and Clean Energy

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What are the underlying causes of price volatility in the European electricity market, and how do long-term contracts affect consumer sensitivity to price fluctuations?

The increased integration of renewable energy sources into Europe's energy mix has introduced greater volatility. Germany's experience with "Dunkelflaute" highlights the challenges of relying on intermittent sources during peak demand periods. This volatility caused price increases impacting consumers and strained cross-border electricity markets.

theglobeandmail.com

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Dec 23, 19:09

ESMA Proposes Issuer-Sponsored Research to Address Post-MiFID II Information Gap

The European Securities and Markets Authority (ESMA) is proposing a code of conduct for issuer-sponsored research to address the lack of information on smaller companies following the implementation of MiFID II in 2018, which resulted in a 22% reduction in analysts covering European stocks from 2017...

ESMA Proposes Issuer-Sponsored Research to Address Post-MiFID II Information Gap

The European Securities and Markets Authority (ESMA) is proposing a code of conduct for issuer-sponsored research to address the lack of information on smaller companies following the implementation of MiFID II in 2018, which resulted in a 22% reduction in analysts covering European stocks from 2017...

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Decent Work and Economic Growth

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What were the immediate consequences of the EU's MiFID II directive on the number of equity analysts covering European stocks and the quality of research produced?

In 2018, the EU's MiFID II directive unbundled investment research and trade execution, aiming to improve research quality. A subsequent study showed a 22% drop in analysts covering European stocks from 2017-2018, with improved quality in the remaining research, although this improvement was concentrated in larger companies.

forbes.com

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Dec 22, 04:08

Schick's Four Goals Power Leverkusen to Second Place in Bundesliga

Bayer Leverkusen defeated SC Freiburg 5-1 on Saturday, propelled by Patrik Schick's four goals, moving them to second place in the Bundesliga, four points behind Bayern Munich. This win is a significant turnaround after a shaky start to the season, demonstrating the team's resurgence.

Schick's Four Goals Power Leverkusen to Second Place in Bundesliga

Bayer Leverkusen defeated SC Freiburg 5-1 on Saturday, propelled by Patrik Schick's four goals, moving them to second place in the Bundesliga, four points behind Bayern Munich. This win is a significant turnaround after a shaky start to the season, demonstrating the team's resurgence.

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No Poverty

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How did the individual performances of Patrik Schick and Granit Xhaka contribute to Leverkusen's improved results?

Leverkusen's resurgence is linked to the improved performances of key players. Patrik Schick's prolific goal-scoring (9 goals in 5 wins), exceeding even Harry Kane's efficiency, and Granit Xhaka's return to form, providing midfield stability, are crucial factors. Their improved defensive solidity, reflected in a lower expected goals against (xGa), further contributes to their success.

elpais.com

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Dec 22, 10:06

EU Faces Multiple Crises, Needs Urgent Action

The European Union confronts multiple crises—Russia's war in Ukraine, internal economic struggles, and global instability—necessitating urgent action, with the success of NextGenerationEU offering a potential model but facing challenges in securing future funding for large-scale investments.

EU Faces Multiple Crises, Needs Urgent Action

The European Union confronts multiple crises—Russia's war in Ukraine, internal economic struggles, and global instability—necessitating urgent action, with the success of NextGenerationEU offering a potential model but facing challenges in securing future funding for large-scale investments.

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How did the NextGenerationEU program function, and what lessons can be learned for future EU initiatives?

NextGenerationEU's success demonstrates the EU's capacity for large-scale, coordinated action. Its methodology, emphasizing investment, reform, and a clear timeline, has been exported to other policies. However, continued reliance on national political compromises and a lack of trust hinder the creation of similar large-scale funding mechanisms after 2026.

dw.com

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Dec 22, 16:07

AfD's "Dexit" Plan Threatens German Economy

Germany's far-right AfD party, currently polling second in recent surveys, plans to facilitate Germany's exit from the EU and Eurozone if elected, proposing a "Europe of Homelands" in its place; however, this "Dexit" is deemed economically disastrous by experts, potentially costing €690 billion and ...

AfD's "Dexit" Plan Threatens German Economy

Germany's far-right AfD party, currently polling second in recent surveys, plans to facilitate Germany's exit from the EU and Eurozone if elected, proposing a "Europe of Homelands" in its place; however, this "Dexit" is deemed economically disastrous by experts, potentially costing €690 billion and ...

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Decent Work and Economic Growth

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What are the immediate economic consequences predicted for Germany if the AfD's proposed withdrawal from the EU and the Eurozone were implemented?

The Alternative for Germany (AfD), a far-right party, promises to facilitate Germany's exit from the European Union (EU) and the Eurozone if it comes to power. This pledge is in their draft election program for the February 23rd early elections. Recent polls show the AfD in second place, raising concerns about a potential EU exit.

euronews.com

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Dec 23, 16:07

Romania Forms Pro-European Coalition to Counter Far-Right Rise

President Klaus Iohannis nominated Marcel Ciolacu to form a new Romanian coalition government comprising the PSD, PNL, UDMR, and minority parties, following the annulment of the presidential election due to alleged irregularities and the rise of far-right nationalism.

Romania Forms Pro-European Coalition to Counter Far-Right Rise

President Klaus Iohannis nominated Marcel Ciolacu to form a new Romanian coalition government comprising the PSD, PNL, UDMR, and minority parties, following the annulment of the presidential election due to alleged irregularities and the rise of far-right nationalism.

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Peace, Justice, and Strong Institutions

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What is the immediate impact of forming a new pro-European coalition government in Romania in response to the annulled presidential election and the rise of far-right nationalism?

Following the annulment of Romania's presidential election due to alleged irregularities, President Klaus Iohannis nominated Marcel Ciolacu, leader of the Social Democratic Party (PSD), to form a new pro-European coalition government. This coalition includes the PSD, National Liberal Party (PNL), UDMR, and national minorities, aiming to counter the rise of far-right nationalists who gained significant traction in recent elections.

elpais.com

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Dec 23, 22:08

France Forms New Government Amidst Economic and Political Crisis

France's new government, led by Prime Minister François Bayrou, was announced on Monday, incorporating prominent figures from across the political spectrum. The cabinet aims to address a severe political blockage primarily centered on the 2025 budget, and France's high public debt of €3.3 trillion (...

France Forms New Government Amidst Economic and Political Crisis

France's new government, led by Prime Minister François Bayrou, was announced on Monday, incorporating prominent figures from across the political spectrum. The cabinet aims to address a severe political blockage primarily centered on the 2025 budget, and France's high public debt of €3.3 trillion (...

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Reduced Inequality

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What are the immediate implications of the new French government's composition and its ability to address the country's current political and economic crises?

France's newly formed government, led by Prime Minister François Bayrou, faces uncertainty despite its recent formation. The cabinet includes notable figures like former Prime Minister Manuel Valls as Minister of Overseas Territories and banker Éric Lombard as Minister of Economy. Its continuity and conservative nature are intended to navigate the current political stalemate, primarily concerning the 2025 budget.

elpais.com

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Dec 23, 19:10

Spain Passes Energy Tax, Delays Diesel Levy

The Spanish government approved a temporary energy tax for 2025 with green investment incentives, delayed a diesel tax increase until March, extended social support measures, and made several other fiscal changes on December 2024.

Spain Passes Energy Tax, Delays Diesel Levy

The Spanish government approved a temporary energy tax for 2025 with green investment incentives, delayed a diesel tax increase until March, extended social support measures, and made several other fiscal changes on December 2024.

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Climate Action

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What immediate economic and political consequences result from Spain's new energy tax and the delay of the diesel tax increase?

The Spanish government passed a new temporary energy tax for 2025, including incentives for green investments to appease dissenting coalition partners. However, a planned diesel tax increase, demanded by the EU for accessing European funds, was postponed until March.

elpais.com

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Dec 22, 10:06

EU Faces Economic Crisis: Competitiveness Concerns Mask Deeper Social and Environmental Challenges

The European Union faces declining economic competitiveness compared to the US and China, lagging in innovation and vulnerable in supply chains. The Draghi report advocates for urgent economic restructuring, yet ignores the need for a broader vision encompassing social cohesion and environmental sus...

EU Faces Economic Crisis: Competitiveness Concerns Mask Deeper Social and Environmental Challenges

The European Union faces declining economic competitiveness compared to the US and China, lagging in innovation and vulnerable in supply chains. The Draghi report advocates for urgent economic restructuring, yet ignores the need for a broader vision encompassing social cohesion and environmental sus...

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Reduced Inequality

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What are the primary economic challenges facing the European Union, and what are their immediate consequences?

The European Union faces significant economic challenges, widening productivity gaps compared to the US and China, and lagging in innovation, particularly in software and AI. This has led to a decline in average disposable income and a dependence on external resources, exposing vulnerabilities highlighted by the pandemic and the war in Ukraine.

elpais.com

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Dec 22, 12:48

German Government Collapse Spurs Consideration of Expansionary Fiscal Policy

Following a no-confidence vote, German Chancellor Olaf Scholz's government fell, leading to snap elections in late February. Despite a robust economy, Germany faces challenges including energy dependence, aging infrastructure, and geopolitical pressures, prompting consideration of a more expansive f...

German Government Collapse Spurs Consideration of Expansionary Fiscal Policy

Following a no-confidence vote, German Chancellor Olaf Scholz's government fell, leading to snap elections in late February. Despite a robust economy, Germany faces challenges including energy dependence, aging infrastructure, and geopolitical pressures, prompting consideration of a more expansive f...

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Decent Work and Economic Growth

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What are the immediate economic and political consequences of the no-confidence vote against Chancellor Scholz in Germany?

Germany faces snap elections after Chancellor Scholz lost a no-confidence vote. Despite its strong economy (world's third-largest, high per capita GDP, and low inequality), Germany grapples with geopolitical challenges, energy dependence, and aging infrastructure. This political uncertainty necessitates a shift towards more expansionary fiscal policies.

es.euronews.com

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Dec 22, 07:09

EU Wine Sector Seeks Revitalization Through Low-Alcohol Wine Promotion

An EU expert group proposed measures to boost the wine sector by promoting low and no-alcohol wines, addressing declining consumption and adapting to changing consumer preferences, with the global NoLo market reaching \$13 billion in 2023.

EU Wine Sector Seeks Revitalization Through Low-Alcohol Wine Promotion

An EU expert group proposed measures to boost the wine sector by promoting low and no-alcohol wines, addressing declining consumption and adapting to changing consumer preferences, with the global NoLo market reaching \$13 billion in 2023.

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Responsible Consumption and Production

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What measures does the EU propose to revitalize its wine sector, given declining consumption and changing consumer preferences?

A European Union high-level group recommends promoting low-alcohol and alcohol-free wines to address declining consumption and adapt to evolving consumer preferences. The group suggests reviewing EU regulations to facilitate the marketing of these products and exploring EU-funded promotional efforts. The global market for 'NoLo' beverages reached approximately \$13 billion in 2023, a 62% increase since 2018.

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