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...“If we want to push for better financing for the defence industry, then we certainly have to [complete] the capital markets [union].”...
...Since then it has limited the system to intra-European flights, with another review scheduled for 2026....
...A paper prepared by the Dutch finance ministry last month floated the idea of abolishing the instruments, but acknowledged this would need the backing of European authorities....
...We have set out clear red lines on the future of our relationship with the European Union: no return to the single market, the customs union or return to freedom of movement,” he added....
...Context: First proposed in 2014, the so-called capital markets union should transform Europe’s financial market into more than the sum of its parts, making it more attractive to investors....
...After several hours of heated discussions talks, EU leaders agreed on a compromise, delaying a decision on whether to centralise supervision until the European Commission reports back on whether such a step...
...A quarter of a century later it remains a resonant and notorious image of European arrogance....
...The far-right Alternative for Germany (AfD) has stuck by its lead candidate for upcoming European parliament elections even as growing espionage scandals involving Russia and China erase months of gains...
...“The underdevelopment of a capital markets union is contributing to the medium-term growth ambitions of Europe being lower than we want and need,” eurogroup president Paschal Donohoe told the FT....
...This, however, is in large part a temporary anomaly caused by the price rises that came with the supply squeezes in the recovery from the pandemic, as I have written about in the larger European context....
...If we want a competitive European economy, if we want European start-ups to scale up at home, if we want to invest in European green tech, clean tech and biotech — then the capital markets union isn’t an...
...It follows a similar statement from the European Central Bank....
...The poll is likely to reassure officials at the European Central Bank that the eurozone is still on track for a “soft landing” as the economy avoids a recession while inflation falls steadily towards its...
...Last week the IMF said the Greek economy will expand by 2 per cent again this year, and continue to outperform the currency union’s average growth rate for the next two years....
...Enrico Letta, the former Italian prime minister tasked by European leaders to assess the state of the EU’s underperforming single market, told the Financial Times that further European integration was a...
...Ireland used to rely on seed potatoes from Scotland but can no longer source them from outside the EU “because you can’t take a plant and put it in the soil here in the European Union”, even though potatoes...
An ECB interest rate cut soon would make sense but the Fed faces a more difficult call in the US
...His solution is a “savings and investment union” where households can easily invest in promising EU companies....
...Initiatives such as the European defence fund, he told the conference, were open for non-EU companies under certain conditions as long as they “operate on European soil”....
...The treaty owes its inception to European countries that wanted to protect investments in the former Soviet Union at the end of the cold war but more recently has been used by energy companies to challenge...
Company’s products sold abroad last year totalled €23.5bn, underscoring importance of country’s luxury sector
...This has prompted warnings about reduced competitiveness from industry groups, as well as outright protests — such this year’s demonstrations by farmers, which forced the European Commission to water down...
...Taxes paid by global tech and pharma groups with European headquarters or large operations in Ireland have been booming for a decade and doubled from 2020-22....
...True, the lack of a proper banking union is a genuine problem in Europe, hence the EBF’s appeal to legislators and not just watchdogs....
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