Virkkunen said that the withdrawal was not due to JD Vance's speech in the Paris AI Summit last month but due to the Draghi Report.
With US President Donald Trump's tariffs and EU retaliation both buffeting trade, top European business executives will again gather to discuss the fallout.
The deal between the Christian Democrats and centre-left SPD comes at a politically sensitive time in Brussels.
The future of European cohesion policy is under intense scrutiny, as policymakers and experts across the EU grapple with mounting administrative burdens and the need for a more inclusive approach to competitiveness.
The Parliament wants the Commission to take urgent action to protect European companies from the surge of low-value e-commerce imports from non-EU platforms.
Brussels is also considering further countermeasures in response to US protectionism.
The political report recognises the close link between water resilience and agriculture
The Commission needs to meet its big talk on AI with billions in funding.
Many of France's 170,000 SMEs are reliant on US exports – but some saw a trade war coming and are rapidly adapting.
The SANT committee says it is in favour of allowing ITRE to issue an opinion on the text.
The PECH committee agreed to launch negotiations on the proposal with the Council, which adopted its position last December, following formal approval in plenary.
Friedrich Merz – now expected to become chancellor in May – has said US tariffs, market chaos, and war in Ukraine all made a coalition deal more urgent.
Is Europe really facing a scrap metal crisis, or it’s just a convenient policy narrative? With possible additional EU recycled metal export restrictions looming, the future of recycling is on the line. Will the EU sacrifice its own recycling industry to bail out domestic manufacturers under the guise of decarbonisation?
“In the future, we will be buying more gas from the US,” said Energy Commissioner Dan Jørgensen in Brussels on Tuesday.
Countries want to reduce pre-winter gas storage from 90% to 80% in the event of market manipulation or high prices.
The new rules, which will apply no earlier than two years after the regulation's entry into force, force certain companies to take specific measures to prevent losses, contain and clean up spills.
And small tweaks in Council document about resilient telco infrastructure.
The far-right AfD leads in a German poll for the first time ever. Can the incoming chancellor reverse the trend?
In today’s edition of The Capitals, read about transfers from Italy to Albania migration centres set to resume under a new decree, big cash deals and Eurozone expectations fueling a property boom in Bulgaria, and so much more.
President Donald Trump’s “reciprocal” tariffs on dozens of countries were due to kick in on Wednesday, including eye-watering 104% duties on Chinese imports - escalating his global trade war just as he geared up for talks with some nations.
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