Tag #European Union

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it.euronews.com

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May 15, 13:10

EU Housing Market: Prices Soar, Affordability Plummets

Soaring construction costs, limited housing supply, and investment purchases have driven housing prices to record highs in several EU countries, with Hungary seeing a threefold increase since 2015, while rental costs have also risen significantly across the EU, impacting affordability and delaying y...

EU Housing Market: Prices Soar, Affordability Plummets

Soaring construction costs, limited housing supply, and investment purchases have driven housing prices to record highs in several EU countries, with Hungary seeing a threefold increase since 2015, while rental costs have also risen significantly across the EU, impacting affordability and delaying y...

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What are the long-term economic and social impacts of the sustained high housing costs, especially for younger generations in Europe?

While some countries like Finland experienced a market downturn in 2021, a gradual price recovery is anticipated, particularly for new constructions. However, the long-term affordability challenges caused by these price increases will likely impact the ability of young Europeans to establish independent households, delaying the age at which they leave their parents' homes.

politico.eu

🌐 85% Global Worthiness

May 15, 07:13

EU Considers Digital Tax to Repay Post-Covid Debt, Risking U.S. Confrontation

The European Commission proposes a digital tax to repay €350 billion in post-Covid debt, starting in 2028, potentially creating conflict with the U.S. and facing opposition within the EU.

EU Considers Digital Tax to Repay Post-Covid Debt, Risking U.S. Confrontation

The European Commission proposes a digital tax to repay €350 billion in post-Covid debt, starting in 2028, potentially creating conflict with the U.S. and facing opposition within the EU.

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What are the immediate implications of the European Commission's consideration of a digital tax to repay its post-Covid debt?

The European Commission is considering a digital tax to repay €350 billion in post-Covid debt, starting repayments in 2028. This could cause conflict with the U.S., as it may be seen as retaliation against U.S. tariffs and disproportionately affects U.S. tech companies. Opposition from countries like Italy and Germany, who value trade with the U.S., further complicates the issue.

dw.com

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May 15, 13:10

EU Sanctions on Kosovo Tied to De-escalation in North

European Council President Antonio Costa visited Kosovo, urging de-escalation in the north to lift EU sanctions imposed in 2023 due to rising tensions; he also emphasized the EU's commitment to Kosovo's EU path, contingent upon progress in the Kosovo-Serbia dialogue.

EU Sanctions on Kosovo Tied to De-escalation in North

European Council President Antonio Costa visited Kosovo, urging de-escalation in the north to lift EU sanctions imposed in 2023 due to rising tensions; he also emphasized the EU's commitment to Kosovo's EU path, contingent upon progress in the Kosovo-Serbia dialogue.

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What immediate actions must Kosovo take to have EU sanctions lifted and accelerate its EU accession process?

European Council President Antonio Costa recently visited Kosovo and stressed the need to de-escalate tensions in the north for the EU to lift sanctions. He held meetings with President Osmani and Prime Minister Kurti, urging engagement in EU-mediated Kosovo-Serbia dialogue. The EU imposed sanctions in 2023 due to escalating tensions and maintains them until sufficient de-escalation occurs.

kathimerini.gr

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May 15, 10:12

Greece to Strengthen Collective Bargaining, Facing Extension Challenges

Greece launches talks between the government and social partners to create a roadmap by the end of 2024 to boost collective bargaining, aiming to increase the percentage of workers covered by collective agreements from 25-30% to 80%, facing challenges in extending agreements due to employer represen...

Greece to Strengthen Collective Bargaining, Facing Extension Challenges

Greece launches talks between the government and social partners to create a roadmap by the end of 2024 to boost collective bargaining, aiming to increase the percentage of workers covered by collective agreements from 25-30% to 80%, facing challenges in extending agreements due to employer represen...

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Decent Work and Economic Growth

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What are the immediate goals and potential impacts of Greece's plan to strengthen collective bargaining, and what specific challenges might hinder its implementation?

Greece initiates a dialogue between the government and social partners to design a roadmap by year's end for strengthening collective bargaining, aligning with EU Directive 2022/2041 on adequate minimum wages. An expert group, including representatives from labor unions and employers' associations, will prepare this plan, aiming to significantly increase the percentage of workers covered by collective agreements from the current 25-30% to 80%.

dw.com

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May 15, 19:11

Ukraine Considers Pegging Hryvnia to Euro

Ukraine's National Bank is exploring a long-term shift from pegging its hryvnia to the US dollar to pegging it to the euro, driven by growing trade with Europe and global market changes; the transition is expected to take 5-10 years.

Ukraine Considers Pegging Hryvnia to Euro

Ukraine's National Bank is exploring a long-term shift from pegging its hryvnia to the US dollar to pegging it to the euro, driven by growing trade with Europe and global market changes; the transition is expected to take 5-10 years.

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What are the potential economic impacts of this shift for various stakeholders in the Ukrainian economy?

This potential shift reflects Ukraine's growing economic ties with Europe and a desire for greater integration. The transition is projected to take 5-10 years and requires significant preparation, including adjustments to trade regulations and risk management tools for businesses. The decision also involves political considerations, and its success hinges on global economic factors.

dw.com

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May 14, 01:10

Crimean Occupation: Human Rights Abuses and Ukraine's Reintegration Plans

A European Parliament discussion on Crimea highlighted ongoing human rights abuses under Russian occupation, including political persecution, forced disappearances, and cultural suppression; Ukrainian officials stressed the need for Crimea's de-occupation and emphasized the ongoing preparation of po...

Crimean Occupation: Human Rights Abuses and Ukraine's Reintegration Plans

A European Parliament discussion on Crimea highlighted ongoing human rights abuses under Russian occupation, including political persecution, forced disappearances, and cultural suppression; Ukrainian officials stressed the need for Crimea's de-occupation and emphasized the ongoing preparation of po...

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How does Russia's occupation of Crimea connect to broader geopolitical strategies and the ongoing war in Ukraine?

The discussion highlighted the systematic human rights violations in Crimea, including the imprisonment of 220-265 Ukrainian citizens, the targeting of women with threats against their children, and the suppression of Crimean Tatar identity. These actions are viewed as part of a broader Russian strategy to change Crimea's demographic and ethnic composition. European Parliament members acknowledged past failures to adequately respond to the situation and pledged stronger support for Ukraine.

europe.chinadaily.com.cn

🌐 85% Global Worthiness

May 15, 07:13

Michel Urges Stronger China-EU Cooperation Amidst Global Uncertainty

Former European Council President Charles Michel urges stronger China-EU cooperation to navigate global challenges, citing $762 billion in bilateral trade in 2024 and suggesting reforms to the WTO and new financial tools to foster collaboration.

Michel Urges Stronger China-EU Cooperation Amidst Global Uncertainty

Former European Council President Charles Michel urges stronger China-EU cooperation to navigate global challenges, citing $762 billion in bilateral trade in 2024 and suggesting reforms to the WTO and new financial tools to foster collaboration.

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Partnerships for the Goals

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How does Michel's suggestion to reform the WTO dispute settlement mechanism relate to the broader context of China-EU trade relations?

Michel's comments highlight the increasing interdependence between China and the EU in tackling complex global issues. His call for a new plan to address internet development and partnerships underscores the need for international collaboration, moving beyond national approaches. The significant bilateral trade volume further emphasizes the economic benefits of this cooperation.

usa.chinadaily.com.cn

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May 15, 07:13

Michel Urges Stronger EU-China Cooperation to Tackle Global Challenges

Former European Council President Charles Michel urges stronger EU-China collaboration to tackle global issues, citing $762 billion in bilateral trade in 2024 and emphasizing dialogue over trade conflicts.

Michel Urges Stronger EU-China Cooperation to Tackle Global Challenges

Former European Council President Charles Michel urges stronger EU-China collaboration to tackle global issues, citing $762 billion in bilateral trade in 2024 and emphasizing dialogue over trade conflicts.

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What are the key recommendations made by Charles Michel to improve EU-China relations and address shared global challenges?

Charles Michel, former European Council president, advocates for increased EU-China cooperation to address global challenges like climate change and digital technology development, emphasizing dialogue over trade wars. Bilateral trade between China and the EU reached $762 billion in 2024, highlighting the economic interdependence.

politico.eu

🌐 75% Global Worthiness

May 15, 07:13

EU Court Rules for Release of Von der Leyen-Pfizer Text Messages

The EU General Court ruled that the European Commission must release text messages between President Ursula von der Leyen and Pfizer CEO Albert Bourla regarding a major COVID-19 vaccine contract, impacting EU transparency standards.

EU Court Rules for Release of Von der Leyen-Pfizer Text Messages

The EU General Court ruled that the European Commission must release text messages between President Ursula von der Leyen and Pfizer CEO Albert Bourla regarding a major COVID-19 vaccine contract, impacting EU transparency standards.

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What are the immediate implications of the EU General Court's ruling on access to text messages between EU officials and Pfizer?

The EU General Court ruled that the European Commission wrongly withheld text messages between Commission President Ursula von der Leyen and Pfizer CEO Albert Bourla concerning a multibillion-euro vaccine contract. This decision implies that text messages, previously deemed insignificant, must now be treated as official documents, subject to public access requests. The ruling potentially impacts transparency within the EU.

elmundo.es

🌐 75% Global Worthiness

May 15, 19:11

Moreno Demands Larger EU Budget, Regional Input in Spending Plans

Andalusian President Juanma Moreno urged a larger post-2027 EU budget exceeding 1% of GNI, advocating for regional participation in design and rejecting centralized national spending plans to ensure sufficient funding for cohesion policies and emerging priorities like defense and green industries.

Moreno Demands Larger EU Budget, Regional Input in Spending Plans

Andalusian President Juanma Moreno urged a larger post-2027 EU budget exceeding 1% of GNI, advocating for regional participation in design and rejecting centralized national spending plans to ensure sufficient funding for cohesion policies and emerging priorities like defense and green industries.

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What is the primary concern of Andalusian President Juanma Moreno regarding the upcoming EU budget, and what specific actions does he propose?

Andalusian President Juanma Moreno advocated for a sufficient 2028-2034 EU budget to address the bloc's challenges, protect cohesion policies, and involve regional authorities in investment design. He emphasized the need for adequate funding for both emerging needs (defense, security, competitiveness) and traditional sectors (agriculture).", A2="Moreno supported the European Parliament's call for a budget exceeding 1% of gross national income, rejecting the idea of national spending plans. He highlighted regional authorities' 56% share of public investment and their crucial role in designing reforms and investments, advocating for a simpler, more efficient budget reflecting regional strengths and vulnerabilities.", A3="Moreno's plea underscores the importance of regional input in EU budget design. The upcoming negotiations will be critical for maintaining cohesion policies amidst competing priorities and preventing centralization of spending at the national level. Future EU resilience hinges on regional engagement and shared resource management.", Q1="What is the primary concern of Andalusian President Juanma Moreno regarding the upcoming EU budget, and what specific actions does he propose?", Q2="How does Moreno's proposal address the tension between funding new priorities (e.g., defense) and maintaining existing cohesion policies, and what specific mechanisms does he suggest?", Q3="What are the potential long-term consequences of the EU's budget decisions for regional development and governance, and how might Moreno's recommendations impact these outcomes?", ShortDescription="Andalusian President Juanma Moreno urged a larger post-2027 EU budget exceeding 1% of GNI, advocating for regional participation in design and rejecting centralized national spending plans to ensure sufficient funding for cohesion policies and emerging priorities like defense and green industries.", ShortTitle="Moreno Demands Larger EU Budget, Regional Input in Spending Plans"))

mk.ru

🌐 95% Global Worthiness

May 14, 19:13

European Troop Deployment to Ukraine: Deterrence or Escalation?

European nations, including France, are considering deploying troops to Ukraine outside of combat zones to deter further Russian aggression; however, this carries risks, including potential escalation and lack of NATO protection under Article 5.

European Troop Deployment to Ukraine: Deterrence or Escalation?

European nations, including France, are considering deploying troops to Ukraine outside of combat zones to deter further Russian aggression; however, this carries risks, including potential escalation and lack of NATO protection under Article 5.

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What are the potential consequences of deploying European troops to Ukraine, considering Russia's response and the absence of a NATO Article 5 guarantee?

France and other European allies are considering deploying troops to Ukraine, strategically positioned away from the frontline, to deter further Russian aggression. This move aims to escalate the conflict's scale if Russia attacks, as it would directly involve European forces. However, final decisions are pending, contingent on the situation's evolution and ongoing negotiations between Kyiv and Moscow.

corriere.it

🌐 85% Global Worthiness

May 14, 04:12

EU's Unified Trade Policy Strengthens Global Standing

During trade negotiations with the US, the EU's unified commercial sovereignty proved unexpectedly effective, forcing Trump to treat the EU as a single block and demonstrating the power of collective action in a globalized world, challenging the notion of absolute state sovereignty.

EU's Unified Trade Policy Strengthens Global Standing

During trade negotiations with the US, the EU's unified commercial sovereignty proved unexpectedly effective, forcing Trump to treat the EU as a single block and demonstrating the power of collective action in a globalized world, challenging the notion of absolute state sovereignty.

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How did the EU's unified trade policy impact its negotiations with the US, and what does this reveal about its global standing?

The EU's unified commercial sovereignty proved essential in trade negotiations with the US, dispelling doubts about its effectiveness. This forced Trump to negotiate with the EU as a single bloc, highlighting the power of collective action in a globalized world. This approach is enshrined in the EU Treaties but was doubted by Euro-skeptics until recently.

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