RSSEconomy

Council President #Tusk on putting ‘Europe first’ in 2017

Council President #Tusk on putting ‘Europe first’ in 2017

| January 19, 2017 | 0 Comments

Brexit, EU relations with the US and Russia, migration, economic and social progress, and the defence union were the key political challenges for 2017 debated by MEPs, Commission Vice President Jyrki Katainen and Council President Donald Tusk on Wednesday (18 January). Tusk briefed MEPs on the outcome of the December 2016 meeting of EU heads […]

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Germany denies devising Greek rescue plan without #IMF

Germany denies devising Greek rescue plan without #IMF

| January 18, 2017 | 0 Comments

Germany expects the International Monetary Fund to participate in Greece’s bailout programme, a finance ministry spokeswoman said on Wednesday, rejecting a newspaper report that Berlin was preparing for a deal without the global lender, writes Gernot Heller. Divisions over labor reforms, fiscal targets and debt relief have prevented Greece and its foreign lenders from concluding […]

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#China: Xi Jinping defends free trade #Davos

#China: Xi Jinping defends free trade #Davos

| January 17, 2017 | 0 Comments

China calls for international economic co-operation in Davos today (17 January). President Xi Jinping (pictured) says that today’s challenges require greater multilateralism and enhanced global co-operation. In his first speech to the World Economic Forum in Davos, Xi said that protectionism was like “like locking oneself in a dark room: while wind and rain may […]

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EU needs new budget to face security woes in #Trump era: Monti

EU needs new budget to face security woes in #Trump era: Monti

| January 16, 2017 | 0 Comments

The migration and security challenges faced by the European Union need to be addressed with a different funding system which would give the EU a direct share of national tax revenues, former Italian prime minister Mario Monti said, writes Francesco Guarascio. Monti, who was a European Commissioner between 1994 and 2004, chairs an EU advisory […]

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Investors turn wary on #Brexit, Trump uncertainty

Investors turn wary on #Brexit, Trump uncertainty

| January 16, 2017 | 0 Comments

Investors bailed out of sterling and stock markets in Europe and Asia on Monday, seeking shelter in gold and the Japanese yen as uncertainty over the terms of Britain’s divorce from the European Union undermined appetite for risky assets, writes Nigel Stephenson. The dollar .DXY rose, except against the yen, rebounding after suffering its worst week […]

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Rise of the #robots: Mady Delvaux on why their use should be regulated

Rise of the #robots: Mady Delvaux on why their use should be regulated

| January 13, 2017 | 2 Comments

From drones to medical equipment, robots are increasingly becoming a part of our everyday life. But although some 1.7 million robots already exist worldwide, their use is still not properly regulated. A report being voted on today by the legal affairs committee calls on the European Commission to produce a legislative proposal to deal with […]

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#Dieselgate: US Environmental Protection Agency says Fiat Chrysler used emission-control devices

#Dieselgate: US Environmental Protection Agency says Fiat Chrysler used emission-control devices

| January 12, 2017 | 0 Comments

The U.S. Environmental Protection Agency (EPA) today (12 January) issued a notice of violation to Fiat Chrysler for alleged violations of the Clean Air Act for installing and failing to disclose ‘auxiliary emission control devices’ and are checking to see if they constitute so-called ‘defeat devices’. The undisclosed software results in increased emissions of nitrogen […]

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