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Chinese President Xi Jinping meets with Italian Prime Minister Giorgia Meloni

Silk Road spirit: Chinese President Xi meets Italian prime minister Meloni

Chinese President Xi Jinping met with Italian Prime Minister Giorgia Meloni in Beijing on Monday. Noting that China and Italy are at the two ends of the ancient Silk Road, Xi said the exchanges between the two countries have made significant contributions to the overall exchanges and mutual learning between Eastern and Western civilizations, and to the progress of humanity.

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01/08/2024

ESMA publishes Report on Suspicious Transactions and Order Reports

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is today publishing a Report on Suspicious Transactions and Order Reports (STORs). The report provides an overview of how STORs are used across different jurisdictions in the context of the detection and investigation of market abuse, and how their use has evolved over time.

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17/07/2023

Main results: Economic and Financial Affairs Council, 14 July 2023

The Commission presented its proposal for an adjusted package for the next generation of own resources. The package includes a new statistical own resource based on company profits. It completes the 2021 Commission proposal which aims to introduce part of the revenues of the Emissions Trading System (ETS) and the Carbon Border Adjustment Mechanism (CBAM) into the own resources system of the EU.

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15/07/2023

EU Council adopts decisions in support of modernised export credits

Today the Council adopted two decisions setting the EU’s position on proposed changes to the Arrangement on officially supported export credits. The EU’s position is to support both amendments. The Arrangement on officially supported export credits provides a framework for the orderly use of officially supported export credits by fostering a level playing field among exporters. The Arrangement is a gentlemen’s agreement negotiated within the framework of the OECD in

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15/07/2023

Main results of the Economic and Financial Affairs Council, 14 July 2023

Ministers exchanged views on financial support to Ukraine in the context of the mid-term revision of the EU’s long-term budget (Multiannual Financial Framework). Ministers debated the Commission’s communication on the customs reform. And the Spanish EU Council Presidency presented the state of play as regards current legislative proposals in the field of financial services.

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14/07/2023

Macroeconomic imbalance procedure: EU Council adopts conclusions

RECALLS that the EU economy continues to show resilience despite a challenging environment marked by Russia’s unprovoked invasion of Ukraine, with high energy prices and inflation affecting purchasing power of households and competitiveness by rising protectionism and geopolitical competition. ACKNOWLEDGES the robust post-pandemic recovery, benefitting from swift policy actions at EU and national level and the key role of EU polices in supporting solid investment performance and progress in structural

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14/07/2023

Main results: Eurogroup, 13 July 2023

The chair of the European Fiscal Board (EFB), Niels Thygesen, presented the board’s recent report on the euro area fiscal stance. The Commission also presented its analysis. The Eurogroup adopted a statement on the fiscal stance for the euro area for 2024, with a view to the preparation of next year’s national budgets.

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14/07/2023
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