Giovanna Faggionato
Time for a European single market ‘with teeth’ to take on China, India, leaders told
BRUSSELS ― It's older than the euro and as integral to the EU as being able to cross borders without a passport ― but the single market is failing to deliver while ever-stronger world economies gain the upper hand.Enrico Letta, a former Italian prime mini...
5 months ago
Draghi’s EU competitiveness plan set to be delayed until September
BRUSSELS — Mario Draghi’s long-awaited report on how to make the European Union’s economy more competitive is now likely to be delayed until September, according to people working with the former Italian prime minister. Draghi, a grandee of EU politics wh...
2 months ago
EU countries approve first 4.2B payment to Ukraine
EU governments gave the go-ahead to the first official payment of around €4.2 billion to Ukraine under a €50 billion package of loans and grants to support the country's reconstruction.They deemed Ukraine to have met nine conditions in a set of reforms co...
2 months ago
Huge lithium-mining protest triggers crisis meeting in Serbia
A massive protest in Serbia against a lithium-mining project prompted President Aleksandar Vučić to call a government crisis meeting in the early hours of Sunday.Tens of thousands of protesters marched through the capital of Belgrade on Saturday to demons...
2 months ago
The killjoy’s guide to how the financial turmoil might screw up your life
BRUSSELS ― What if everything suddenly got really, really bad?What if, instead of getting respite after years of pandemic, war, terrorism and, most recently, global IT paralysis, it all just kept getting worse?Because in the past few days a wave of volati...
2 months ago
The European Commission hopefuls with one thing on their mind
BRUSSELS ― It’s as if the European Commission is a trendy nightclub with a long line of eager party animals desperate to be admitted.Only a handful will get the chance to strut their stuff the way they crave. And that means a place in the Commission for t...
1 month ago
Draghi to present EU competitiveness report to senior lawmakers next week
BRUSSELS ― Former European Central Bank chief Mario Draghi is to present his landmark report on EU competitiveness in private to European Parliament political groups on Wednesday, several officials told POLITICO.Draghi was asked last year by Commission Pr...
1 month ago
Europe’s Draghi report unleashed: These are the 5 things to watch
BRUSSELS ― Mario Draghi was the man hailed as saving the eurozone during the sovereign debt crisis when president of the European Central Bank. This time his challenge may be greater still: Stop Europe falling behind the rest of the world.European Commiss...
1 month agoDraghi says EU must spend twice as much as it did after WWII
BRUSSELS ― Europe must invest twice as much as it did rebuilding after World War II, Mario Draghi said, as he published a long-awaited blueprint to stem the continent’s economic decline.“This is an existential challenge,” the former European Central Bank...
1 month ago
Germany’s Lindner rejects Draghi’s common borrowing proposal
BERLIN / BRUSSELS ― It took less than three hours. Germany's Finance Minister Christian Lindner said a firm nein to Mario Draghi's call for more common debt to boost private investment.Lindner, whose liberal party's share of the vote has collapsed in rece...
1 month ago
Global money laundering body to consider blacklisting Russia
BRUSSELS — The Financial Action Task Force (FATF), the intergovernmental organization that leads the fight against money laundering and terrorism financing, will decide whether to put Russia on its blacklist next week, according to a confidential document...
14 hours ago