Tue. Jan 21st, 2025

NEWS & BACKGROUND

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Banking sector: ECB and EBA launch 2025 EU-wide stress test

The European Central Bank (ECB) and the European Banking Authority (EBA) today launched their 2025 EU-wide stress test and released the macroeconomic scenarios. This year’s exercise is designed to provide valuable input for assessing the resilience of the European banking sector in the current uncertain and changing macroeconomic environment.

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LATEST NEWS TICKER

BUSINESS

EU Commission clears acquisition of business segments of Leoni by Luxshare

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of one business segment of LEONI AG of Germany by Luxshare Limited of China; and of joint control of another business segment of Leoni by Luxshare and Mr Stefan Pierer of Austria. The transaction relates primarily to the manufacturing of wiring and electronic equipment for motor vehicles. 

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ai generated, bank, money, finance, business, currency, wealth, cash, growth, investment, banking, success, economy, financial, bank, bank, bank, bank, bank, banking

Banking sector: ECB and EBA launch 2025 EU-wide stress test

The European Central Bank (ECB) and the European Banking Authority (EBA) today launched their 2025 EU-wide stress test and released the macroeconomic scenarios. This year’s exercise is designed to provide valuable input for assessing the resilience of the European banking sector in the current uncertain and changing macroeconomic environment.

Read More »

Main results of the Eurogroup, 20 January 2025

The Eurogroup discussed the priorities and challenges of the euro area in the context of the new European policy cycle. Ministers explored the use of innovative technologies in wholesale transaction settlements and reviewed progress on the digital euro project.

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Liechtenstein: IMF staff concluding statement for the 2025 Article IV Mission

Liechtenstein has a high per capita income and a fiscal framework that has ensured no deficits since 2013, virtually no public debt, and accumulation of large fiscal buffers. Activity is underpinned by specialized and export-oriented manufacturing, and private banking and wealth management oriented financial services. Liechtenstein is globally integrated, with close ties to Switzerland and the EU.

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EU-Tanzania: A partnership for regional peace and prosperity

Tanzania has long been a beacon of stability and a force for peace in the Great Lakes region, which, despite its vast potential, continues to be plagued by recurring conflicts in parts of its territory. As the European Union is deepening its commitment with the Great Lakes Region, Tanzania plays an important role as a key partner in the quest for a sustainable peace.

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DIGITIZATION

MEPs discuss how to enforce the Digital Services Act

On Tuesday, Christel Schaldemose (S&D, DK) Vice-President and Chair of the Working group on the implementation of the DSA will give a press conference in Strasbourg after a plenary debate on enforcing the Digital Services Act to protect democracy on social media platforms.

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Royalties for EU high-tech sector: EU challenges China at WTO

The EU Commission requests consultations at the World Trade Organization (WTO) to remove unfair and illegal trade practices by China in the sphere of intellectual property. China has empowered its courts to set binding worldwide royalty rates for EU standard essential patents, without the consent of the patent owner. This interferes with the competence of EU courts for European patent issues.

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U.S. MEP National Network: “Rethink Your Supply Chain Strategy for Better Outcomes”

Traditional approaches to supply chain management, which often emphasize cost-per-unit, no longer provide the flexibility manufacturers need to create the innovative solutions necessary for achieving long-term success. In today’s highly competitive environment, optimizing supplier relationships requires more than just negotiating the lowest price: It’s essential to move beyond transactional vendor relationships and focus on building strategic partnerships, the MEP National Network Whitepaper states.

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Remarks by U.S. President Joe Biden in a Farewell Address to the Nation

“My eternal thanks to you, the American people. After 50 years of public service, I give you my word, I still believe in the idea for which this nation stands, a nation where the strengths of our institutions and the character of our people matter and must endure. Now it’s your turn to stand guard. May you all be the keeper of the flame. May you keep the faith. I love America. You love it too” – U.S. President Joe Biden on January 15, 2025.

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SECURITY

EU-Tanzania: A partnership for regional peace and prosperity

Tanzania has long been a beacon of stability and a force for peace in the Great Lakes region, which, despite its vast potential, continues to be plagued by recurring conflicts in parts of its territory. As the European Union is deepening its commitment with the Great Lakes Region, Tanzania plays an important role as a key partner in the quest for a sustainable peace.

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North Atlantic Council: Speech by EU Defence Commissioner Andrius Kubilius

“Defending Ukraine means defending Europe. Every missile, every drone shot down by Ukraine – is one that will not threaten Europe, one that will not threaten NATO. Every day Ukraine stands fast, is a day of delay. A day Putin cannot turn his full might against us. Every day Ukraine fights on, is a day the European Union and NATO can grow stronger. We can prevent Russian aggression if we are strong”, EU Defence Commissioner Andrius Kubilius.

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Royalties for EU high-tech sector: EU challenges China at WTO

The EU Commission requests consultations at the World Trade Organization (WTO) to remove unfair and illegal trade practices by China in the sphere of intellectual property. China has empowered its courts to set binding worldwide royalty rates for EU standard essential patents, without the consent of the patent owner. This interferes with the competence of EU courts for European patent issues.

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EPP President Manfred Weber in the EU Parliament

EPP leaders discuss the group’s priorities and European competitiveness in Berlin

European People’s Party (EPP) leaders, invited by EPP President Manfred Weber and the CDU Chairman Friedrich Merz, met on 17 and 18 January in Berlin. During their discussions, they emphasized the need to make the EU’s economy more competitive on the global stage through the reduction of over-regulation and unnecessary bureaucratic burden. Learn more about the two major statements they adopted in Berlin.

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EU Commissioner McGrath launches collaboration with Eurojust

As a key player in global criminal justice cooperation, Eurojust works together with the European Commission to keep Europe safe. To mark the start of his mandate, European Commissioner for Democracy, Justice and the Rule of Law Michael McGrath visited  Eurojust’s headquarters in The Hague.

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SUSTAINABILITY

Joint article on Just Energy Transition Partnerships

The joint article on Just Energy Transition Partnerships is signed from Minister for Development Anneliese Dodds (UK), Assistant Secretary of the Treasury for International Markets Alexia Latortue (US), State Secretary Jochen Flasbarth (Germany), Deputy Minister of the Environment and Energy Security Vannia Gava (Italy), Secretary of State for Francophonie and International Partnerships Thani Mohamed Soilihi (France), Climate Ambassador Catherine Stewart (Canada), and Director General Climate Action, Kurt Vandenberghe (EU Commission).

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MEPs hail conclusion of new Global Agreement between EU and Mexico

The agreement reflects the deep political and geopolitical ties between the European Union and Mexico, underscoring our shared dedication to the principles of multilateralism and international cooperation. As longstanding like-minded partners, the EU and Mexico are uniquely positioned to strengthen the global rules-based order and address urgent global challenges.

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EU AGENDA