The EU Council today approved the Commission’s positive assessment of the amended recovery and resilience (RRF) plans submitted by Greece, Cyprus, and Spain.
The EU Council today adopted a third assistance measure under the European Peace Facility (EPF) worth €60 million to the benefit of the Lebanese Armed Forces (LAF).
The Finnish economy is recovering from the 2023 recession, supported by easing inflation and real wage growth. However, the rebound is hindered by stagnant construction investment and weak external demand. Employment remains robust, driven by lower real wages, increased immigration, higher public employment, and increased participation rates.
Economic growth is estimated to have accelerated in 2024 to 2.8 percent, driven by a rebound in domestic demand, mainly from private consumption rising due to strong nominal wage growth and lower inflation. This is partially offset by net exports becoming a drag on growth as higher imports from increased consumption outpace exports hindered by weak Euro Area demand.
The Polish Presidency presented its work programme in the field of economic and financial affairs. Ministers held a policy debate on competitiveness. They took note of the economic and financial impact of Russia’s aggression against Ukraine. The Council adopted recommendations on 21 national medium-term fiscal-structural plans as well as recommendations for seven member states that are currently under an excessive deficit procedure.
President Xi stressed his readiness to work with President Putin and guide China-Russia relations to a new height in 2025, to respond to external uncertainties with the stability and resilience of China-Russia ties, to boost the development and prosperity of both countries, and to uphold international fairness and justice.
The U.S. Memorandum recaptures the U.S. sovereignty and economic competitiveness by clarifying that the Global Tax Deal of the Organization for Economic Co-operation and Development (OECD) has no force or effect in the United States.
The Executive Order states that capital punishment is an essential tool for deterring and punishing those who would commit the most heinous crimes and acts of lethal violence against American citizens.
The U.S. Secretary of Commerce, in consultation with the Secretary of the Treasury and the United States Trade Representative, shall investigate the causes of the USA’s large and persistent annual trade deficits in goods, as well as the economic and national security implications and risks resulting from such deficits. They shall recommend appropriate measures, such as a global supplemental tariff or other policies, to remedy such deficits.
Following his inauguration, U.S President Donald Trumps initiated a broad range of “Presidential Actions” Insight EU has listed with the relevant links, while some of the decisions relevant to Europe will be published in detail.
“The outermost regions have a strategic importance for the Union. In the Atlantic. In the Caribbean Sea. In South America. And in the Indian Ocean. The outermost regions extend the European Union around the world, to many places beyond the European continent. And we have a responsibility to support their development” – European Council President António Costa.
Today, the European Commission registered a European Citizens’ Initiative, entitled ‘HouseEurope! Power to Renovation’. The aim of the initiative is to create incentives for the renovation and transformation of existing buildings.
The EU Council today appointed Preben Aamann as the new Director-General for Communication and Information. He will start in his new post on 1 February 2025.
“The EU looks forward to working closely with the new US Administration to tackle pressing global challenges. A lot is at stake for both sides – more so as the rules of engagement between global powers are changing. We will address shared priorities for prosperity and international security, reaffirming the enduring strength of the transatlantic partnership”, EU Commissioner Šefčovič at the EU Parliament Plenary.
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Barnes Group Inc. by Apollo Global Management Inc., both of the US. The transaction relates primarily to the markets for industrial and aerospace solutions.
“The rules of engagement between global powers are changing. We should not take anything for granted. And while some in Europe may not like this new reality, we are ready to deal with it. Our values do not change. But to defend these values in a changing world, we must change the way we act. We must look for new opportunities wherever they arise. This is the moment to engage
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole of Simon Hegele Group of Germany by Nippon Express Holdings, Inc. of Japan. The transaction relates primarily to the contract logistics services.
As part of the EU-India High Level Trade and Investment Dialogue, both sides took stock at political level of progress in the EU-India Free Trade Agreement (FTA) negotiations, notably on core issues of economic interest to both partners.
In Poland, Executive Vice-President for Social Rights and Skills, Quality Jobs and Preparedness, Roxanna Mînzatu, unveiled today a package to aid the integration of 30,000 Ukrainian pupils into Polish schools, together with the Polish Minister for Funds and Regional Policy, Katarzyna Pełczyńska-Nałęcz.
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Tricentis Corporation by GTCR LLC and Insight Venture Management, LLC, all of the US. The transaction relates primarily to the information technology, software and computer services sectors.
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.
We and use cookies and other tracking technologies to improve your experience on our website. We may store and/or access information on a device and process personal data, such as your IP address and browsing data, for personalised advertising and content, advertising and content measurement, audience research and services development. Additionally, we may utilize precise geolocation data and identification through device scanning.
Please note that your consent will be valid across all our subdomains. You can change or withdraw your consent at any time by clicking the “Consent Preferences” button at the bottom of your screen. We respect your choices and are committed to providing you with a transparent and secure browsing experience.
| Cookie | Duration | Description |
|---|---|---|
| __stripe_mid | This cookie is set by Stripe payment gateway. This cookie is used to enable payment on the website without storing any patment information on a server. | |
| __stripe_sid | This cookie is set by Stripe payment gateway. This cookie is used to enable payment on the website without storing any patment information on a server. | |
| _abck | This cookie is used to detect and defend when a client attempt to replay a cookie.This cookie manages the interaction with online bots and takes the appropriate actions. | |
| _wpfuuid | This cookie is used by the WPForms WordPress plugin. The cookie is used to allows the paid version of the plugin to connect entries by the same user and is used for some additional features like the Form Abandonment addon. | |
| ASP.NET_SessionId | Issued by Microsoft's ASP.NET Application, this cookie stores session data during a user's website visit. | |
| AWSALBCORS | This cookie is managed by Amazon Web Services and is used for load balancing. | |
| bm_sz | This cookie is set by the provider Akamai Bot Manager. This cookie is used to manage the interaction with the online bots. It also helps in fraud preventions | |
| cookielawinfo-checbox-analytics | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". | |
| cookielawinfo-checbox-functional | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". | |
| cookielawinfo-checbox-others | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. | |
| cookielawinfo-checkbox-necessary | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". | |
| cookielawinfo-checkbox-performance | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". | |
| elementor | This cookie is used by the website's WordPress theme. It allows the website owner to implement or change the website's content in real-time. | |
| JSESSIONID | Used by sites written in JSP. General purpose platform session cookies that are used to maintain users' state across page requests. | |
| viewed_cookie_policy | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
| Cookie | Duration | Description |
|---|---|---|
| _ga | The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. | |
| _ga_4L7PKQPHHV | This cookie is installed by Google Analytics. | |
| _ga_T50H0MNN9J | This cookie is installed by Google Analytics. | |
| _gat_gtag_UA_12289088_5 | Set by Google to distinguish users. | |
| _gcl_au | Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services. | |
| _gid | Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. |
| Cookie | Duration | Description |
|---|---|---|
| test_cookie | The test_cookie is set by doubleclick.net and is used to determine if the user's browser supports cookies. |
| Cookie | Duration | Description |
|---|---|---|
| _mcid | No description available. | |
| _swa_u | This cookie is set by the provider Sitewit.com. This cookie is used for statistical report and analysis. | |
| ak_bmsc | No description available. | |
| AWSALB | AWSALB is a cookie generated by the Application load balancer in the Amazon Web Services. It works slightly different from AWSELB. | |
| ec_store_chameleon_font | No description available. | |
| FCCDCF | No description available. | |
| issuem_lp | No description available. | |
| lp_us_his | No description | |
| m | No description available. |