Tag #European Union

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dw.com

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Dec 13, 16:12

Germany Faces Second Recession as Bundesbank Slashs Growth Forecasts

Germany's Bundesbank sharply reduced its economic growth forecasts for 2024 and 2025 to -0.2% and 0.2% respectively, citing structural problems and global protectionism as major concerns, marking a second consecutive year of recession.

Germany Faces Second Recession as Bundesbank Slashs Growth Forecasts

Germany's Bundesbank sharply reduced its economic growth forecasts for 2024 and 2025 to -0.2% and 0.2% respectively, citing structural problems and global protectionism as major concerns, marking a second consecutive year of recession.

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Decent Work and Economic Growth

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What are the revised economic growth forecasts for Germany in 2024 and 2025, and how do they compare to previous predictions?

Germany's Bundesbank drastically lowered its economic growth projections for 2024 and 2025, forecasting a 0.2% contraction and 0.2% growth respectively, down from 0.3% and 1.1% predicted in June. This marks a second consecutive year of recession for Europe's largest economy, following a 0.3% contraction in 2023.

euronews.com

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Dec 13, 20:05

ECB Cuts Rates to 3%, Signaling More Easing to Come

The European Central Bank (ECB) lowered its deposit facility rate by 0.25 percentage points to 3% on Thursday, signaling confidence in its inflation target while acknowledging growth risks; economists anticipate further rate cuts but disagree on the pace and endpoint.

ECB Cuts Rates to 3%, Signaling More Easing to Come

The European Central Bank (ECB) lowered its deposit facility rate by 0.25 percentage points to 3% on Thursday, signaling confidence in its inflation target while acknowledging growth risks; economists anticipate further rate cuts but disagree on the pace and endpoint.

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What immediate impact will the ECB's rate cut have on inflation and economic growth in the Eurozone?

The European Central Bank (ECB) cut interest rates by 0.25 percentage points on Thursday, bringing the deposit facility rate to 3%. This decision reflects the ECB's confidence in meeting its 2% inflation target, while acknowledging economic growth risks. The ECB also dropped its commitment to maintain "sufficiently restrictive" interest rates.

zeit.de

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Dec 13, 01:12

Frankfurt Loses to Lyon in Europa League

Eintracht Frankfurt lost to Olympique Lyon 2-3 in the Europa League, despite Ansgar Knauff's opening goal. Lyon's Cherki, Fofana, and Nuamah scored, while Omar Marmoush's late goal wasn't enough. Frankfurt's coach received a red card.

Frankfurt Loses to Lyon in Europa League

Eintracht Frankfurt lost to Olympique Lyon 2-3 in the Europa League, despite Ansgar Knauff's opening goal. Lyon's Cherki, Fofana, and Nuamah scored, while Omar Marmoush's late goal wasn't enough. Frankfurt's coach received a red card.

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How did key individual performances and tactical decisions influence the outcome of the match?

Lyon's superior performance, marked by missed opportunities and a decisive second-half surge, secured their victory. Frankfurt's defensive errors, particularly Theate's crucial mistake, proved costly. Despite Frankfurt's late goal by Marmoush, Lyon controlled the match.

bbc.com

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Dec 13, 10:10

EU Safety Rules Force UK Small Businesses to Halt EU Sales

New EU product safety rules are forcing some UK small businesses to halt sales to Northern Ireland and the EU due to increased compliance requirements; the UK government's support is lacking, says the DUP.

EU Safety Rules Force UK Small Businesses to Halt EU Sales

New EU product safety rules are forcing some UK small businesses to halt sales to Northern Ireland and the EU due to increased compliance requirements; the UK government's support is lacking, says the DUP.

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How are the new regulations impacting small businesses' ability to comply with EU product safety standards, and what support, if any, is available?

The GPSR necessitates increased product safety documentation, creating compliance challenges for small businesses unfamiliar with EU regulations. Weirdstock's experience exemplifies the difficulties faced by those lacking resources or awareness, impacting their market reach and profitability.

dw.com

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Dec 13, 20:05

Bundesbank drastically cuts German growth forecasts

Germany's central bank, the Bundesbank, slashed its economic growth forecasts for 2025 and 2026 to 0.2% and 0.8%, respectively, citing persistent economic headwinds, structural problems, and a sharp decline in October exports (down 2.8% from September).

Bundesbank drastically cuts German growth forecasts

Germany's central bank, the Bundesbank, slashed its economic growth forecasts for 2025 and 2026 to 0.2% and 0.8%, respectively, citing persistent economic headwinds, structural problems, and a sharp decline in October exports (down 2.8% from September).

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How do the declining export figures and rising labor market tensions impact the overall economic forecast for Germany?

Germany's economic slowdown is attributed to persistent economic headwinds and structural problems, primarily affecting the industrial sector and exports. While private consumption is expected to increase, it will be less than previously anticipated due to rising labor market tensions. October's export figures showed a 2.8% decrease compared to September, reaching €124.6 billion, the steepest decline in 2024.

china.org.cn

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Dec 12, 04:08

Europe's Far-Right Surge Amid Political Turmoil

Romania's presidential election was annulled due to alleged Russian interference, reflecting a broader trend of political instability and rising far-right influence across Europe, marked by fragmented parliaments, economic woes, and voter dissatisfaction.

Europe's Far-Right Surge Amid Political Turmoil

Romania's presidential election was annulled due to alleged Russian interference, reflecting a broader trend of political instability and rising far-right influence across Europe, marked by fragmented parliaments, economic woes, and voter dissatisfaction.

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Peace, Justice, and Strong Institutions

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How have economic woes, migration pressures, and the Ukraine conflict contributed to the current political instability in Europe?

The rise of far-right parties in Europe is directly linked to voter frustration over economic stagnation, migration pressures, and the Ukraine crisis. The European Parliament's internal divisions, as seen in Ursula von der Leyen's narrow re-election, highlight the challenges of navigating a fractured political landscape. This fragmentation weakens the EU's ability to address critical issues effectively.

elpais.com

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Dec 13, 16:13

New EU Space Commissioner Prioritizes Increased Funding and Strategic Alignment

Andrius Kubilius's appointment as the new European Commissioner for Defence and Space signals a strategic shift towards leveraging space to boost Europe's economy and global influence, involving increased funding, streamlined ESA operations, and closer collaboration with the EU.

New EU Space Commissioner Prioritizes Increased Funding and Strategic Alignment

Andrius Kubilius's appointment as the new European Commissioner for Defence and Space signals a strategic shift towards leveraging space to boost Europe's economy and global influence, involving increased funding, streamlined ESA operations, and closer collaboration with the EU.

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Industry, Innovation, and Infrastructure

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Why is Europe strategically focusing on space to enhance its economic competitiveness and global standing?

Europe's pivot towards leveraging space for economic growth stems from a recognition of its lagging competitiveness compared to global rivals. The need to foster sustainable economic security and autonomy, as highlighted by Mario Draghi's report, motivates this strategic shift, focusing on leveraging existing strengths in Earth observation and navigation technology (Copernicus, Galileo) for economic benefit. This strategy also seeks to strengthen links between the space and defense industries.

pt.euronews.com

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Dec 13, 20:05

France Rejects EU-Mercosur Trade Deal Amidst Agricultural and Political Concerns

France continues to oppose the recently announced EU-Mercosur trade agreement due to concerns about the impact on its agricultural sector and insufficient environmental protections, despite concessions from Mercosul nations and the European Commission; the agreement's future is uncertain due to pote...

France Rejects EU-Mercosur Trade Deal Amidst Agricultural and Political Concerns

France continues to oppose the recently announced EU-Mercosur trade agreement due to concerns about the impact on its agricultural sector and insufficient environmental protections, despite concessions from Mercosul nations and the European Commission; the agreement's future is uncertain due to pote...

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Responsible Consumption and Production

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What are the immediate consequences of France's opposition to the EU-Mercosur trade agreement?

The EU-Mercosur trade agreement, while creating a large free trade zone, faces strong French opposition due to concerns about unfair competition from Latin American agricultural products. Despite quotas and safeguard measures, France maintains its rejection, citing the agreement's insufficient environmental protections. This opposition, consistent since 2019, is further fueled by France's current political instability.

nos.nl

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Dec 13, 01:12

Manchester United Wins Europa League Match

Manchester United defeated Viktoria Plzen 2-1 in the Europa League, with Rasmus Hojlund scoring twice, securing 12 points and significantly improving their chances of direct qualification to the knockout stage.

Manchester United Wins Europa League Match

Manchester United defeated Viktoria Plzen 2-1 in the Europa League, with Rasmus Hojlund scoring twice, securing 12 points and significantly improving their chances of direct qualification to the knockout stage.

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What was the significance of Manchester United's 2-1 victory against Viktoria Plzen in the Europa League?

Manchester United secured a crucial 2-1 victory against Viktoria Plzen in the Europa League, thanks to a late brace from Rasmus Hojlund. This win propels them to 12 points, placing them among the top eight teams and increasing their chances of directly qualifying for the knockout stages.

pt.euronews.com

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Dec 13, 13:13

"Macron Postpones French Prime Minister Announcement Amidst Political Divisions"

"French President Emmanuel Macron postponed the announcement of France\u2019s next Prime Minister, delaying the decision from Thursday to Friday, while consulting various political figures including François Bayrou, Bernard Cazeneuve, and Roland Lescure, amid internal divisions and potential governm...

"Macron Postpones French Prime Minister Announcement Amidst Political Divisions"

"French President Emmanuel Macron postponed the announcement of France\u2019s next Prime Minister, delaying the decision from Thursday to Friday, while consulting various political figures including François Bayrou, Bernard Cazeneuve, and Roland Lescure, amid internal divisions and potential governm...

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Peace, Justice, and Strong Institutions

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"How are the ongoing consultations impacting different political factions in France?"

"Macron\u2019s consultations highlight the complex political landscape in France. The Socialist Party has threatened to exclude any member joining a non-left-wing government, while Lescure\u2019s potential appointment is fracturing Macron\u2019s own party and causing rifts within the Republicans. These divisions underscore the challenges Macron faces in forming a stable government."

taz.de

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Dec 13, 20:05

Georgian DJ Highlights Political Crackdown, Calls for International Support

Lasha Jorjoliani, a Georgian DJ and co-owner of London's \"Fold\" club, discusses the differences between club scenes in Tbilisi, London, and Berlin, highlighting the political significance of Georgian clubs and their role in promoting inclusivity amidst government crackdowns on pro-European protest...

Georgian DJ Highlights Political Crackdown, Calls for International Support

Lasha Jorjoliani, a Georgian DJ and co-owner of London's \"Fold\" club, discusses the differences between club scenes in Tbilisi, London, and Berlin, highlighting the political significance of Georgian clubs and their role in promoting inclusivity amidst government crackdowns on pro-European protest...

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How do the club scenes in Tbilisi, London, and Berlin differ in terms of regulations, atmosphere, and political significance?

Jorjoliani highlights key differences between the club scenes in Tbilisi, London, and Berlin. While Tbilisi and Berlin have fewer regulations, London's strict licensing limits operating hours. He contrasts London's musical diversity with the longer operating hours found in Berlin and Tbilisi, noting the political significance of Georgian clubs that promote inclusivity.

elpais.com

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Dec 12, 01:09

King Felipe VI Addresses Italian Parliament, Emphasizing Shared History and Multilateralism

King Felipe VI of Spain addressed the Italian Parliament on Wednesday, emphasizing shared historical memory, multilateral cooperation, and the need for just peace in Ukraine and the Middle East; this is the first joint address by monarchs to the Italian Parliament since the country became a republic...

King Felipe VI Addresses Italian Parliament, Emphasizing Shared History and Multilateralism

King Felipe VI of Spain addressed the Italian Parliament on Wednesday, emphasizing shared historical memory, multilateral cooperation, and the need for just peace in Ukraine and the Middle East; this is the first joint address by monarchs to the Italian Parliament since the country became a republic...

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What were the key messages conveyed by King Felipe VI in his address to the Italian Parliament?

King Felipe VI of Spain addressed the Italian Parliament, a rare honor, marking the first time monarchs have jointly addressed this body since Italy became a republic. His speech emphasized shared historical memory, the importance of multilateralism, and the need for a just peace in Ukraine and the Middle East.

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