EU’s Gentiloni confident over budget rule deal by year-end deadline on 04/09/23 European Union Commissioner for Economy Paolo Gentiloni said on Saturday (2 September) he was confident an agreement over re-implementing EU budget rules would be reached by year-end, ruling out an extension of their suspension into 2024. Climate crisis calls for U-turn in EU’s economic governance on 01/09/23 It is now clear that extreme weather events will have a massive impact on our economies if we don’t transform them. Times have changed and the rules governing the coordination of national economic policies in the EU must adapt, argues Isabelle Brachet. EU watchdog monitors surge of cash going into biodiversity funds on 01/09/23 The surge in money going into biodiversity funds is the "next frontier" of environment, social and governance (ESG) investing and warrants increased monitoring to avoid greenwashing, the European Union's securities regulator said on Thursday (31 August). Hot economic policy autumn on 31/08/23 While the EU economy mimicks the weather by cooling down a little more than would be comfortable (at least in Western Europe), various economic policy debates are certain to heat up this autumn. Australia, EU resume talks on free trade deal on 31/08/23 Australia and the European Union will resume free trade talks on Thursday (31 August) with a teleconference between Australia's Trade Minister Don Farrell and EU Commissioner for Trade Valdis Dombrovskis, a month after the two sides failed to reach a deal. German coalition seeks economic reset, but no agreement on energy subsidies on 31/08/23 Concluding a two-day government retreat, Germany’s coalition passed a stimulus package and bureaucracy relief measures to boost businesses and tackle low growth, but questions on Germany’s long-term economic perspective remain unanswered. China slowdown ‘mostly positive’ for EU economy, says Bruegel economist on 31/08/23 China's economic slowdown could help reduce inflation in Europe, while economic loss felt by EU companies due to reduced exports would likely be felt anyway as China pivots towards more self-reliance, economist Alicia García-Herrero told EURACTIV in an interview. ECB-Panetta: Capital Markets Union might require EU fiscal capacity on 31/08/23 The outgoing member of the executive board of the European Central Bank (ECB) Fabio Panetta argued that a genuine Capital Markets Union (CMU) might require the EU to have a standing fiscal capacity with a borrowing function. European Parliament to fight Council’s cuts to EU budget for 2024 on 30/08/23 Members of the European Parliament’s budget committee criticised EU countries’ cuts to the proposed EU budget for 2024, promising to fight any reductions in the upcoming negotiations. Dassault Aviation boss: European defence depends on French industry on 30/08/23 The EU's defence industry capabilities come down primarily to France's six-decade nuclear dissuasion strategy that encouraged cutting-edge technological investments, Dassault Aviation CEO, Eric Trappier, said on Tuesday (29 August).
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