TAG: Competitiveness
Macron vows more liberal reforms to shake France’s economy
PARIS — Emmanuel Macron might be tacking right on social issues; on economics he's going back to his...
8 months ago
EU heavyweights urge ‘ambitious’ 2040 climate targets — breaking silence
Several of Europe's most powerful countries implored Brussels to set "an ambitious climate target fo...
8 months ago
EU mulls ‘Industrial’ twin for Green Deal as election pressure bites
BRUSSELS — Move over Green Deal, there’s a new buzzword in town — and just in time for the EU electi...
8 months ago
The EU’s controversial business supply chain oversight rules live on — at a cost
A landmark piece of Brussels’ ambition to put a greener and more human face on international business cleared a major hurdle on Friday — but not without taking major hits along the road. Overcoming weeks of pushback from national capitals, European Union...
6 months ago
Europe must quicken green efforts after election, EU climate chief says
STRASBOURG — The next crop of European Union officials must accelerate the push to slash planet-warming pollution and prepare for an extreme weather surge. That’s EU climate chief Wopke Hoekstra's message after scientists’ latest warning that the Continen...
6 months ago
EU hints at relaxing parts of global bank rules in face of US delays
BRUSSELS ― The EU has signaled it could relax the way it pushes through controversial international banking standards if it believes that's what's needed to better compete with the rest of the world.The European Commission “stands ready to act if necessar...
6 months ago
ECB seen holding one last time before June cut
The European Central Bank is set to leave its key interest rate at a record-high 4 percent on Thursday, as concerns over wage growth temper the urge to give more support to the economy. At the Governing Council's last meeting in March, ECB President Chris...
6 months ago
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...
6 months ago
A new inconvenient truth: Europe’s global plans all require money no one has
BRUSSELS — EU leaders are on a grandiloquent streak, even by their standards.The EU can stay relevant in a world of resurgent big power politics. Europe won’t drown in the sea of public cash the U.S. and China are throwing at futuristic industries. We can...
5 months ago
Industry bosses to EU: Help us level up in the global green tech race
HANNOVER, Germany — Europe’s industry is ready to take on state-subsidized Chinese and American rivals in the global green tech race — but Brussels must create the right conditions for it to do so.Failure to act will condemn Europe to deindustrialization:...
5 months ago
France gets a reprieve on credit rating, but doubts persist on fiscal outlook
Two major credit-rating agencies left France’s rating unchanged late Friday, giving a reprieve to French President Emmanuel Macron as he tries to deal with the country's massive debt and deteriorating public finances. But the agencies cast doubt on the ab...
5 months ago
EU shouldn’t leave newer members behind, Dombrovskis says on enlargement anniversary
Expanding the EU’s ranks has been an “overall” success — but an economic chasm between member countries persists, the bloc’s trade and economics chief said Wednesday.Twenty years after 10 Central and Eastern European countries joined the EU, it’s clear en...
5 months ago
France tops UK (again) in foreign investment race amid European slowdown
France remained Europe's most attractive destination for foreign direct investment in 2023, an EY survey released on Thursday said, as new projects slowed across Europe.For the fifth straight year, France beat the U.K. and third-place finisher Germany, bu...
5 months ago
Springtime comes for Europe’s economy
The European economy emerged from a shallow recession in the first quarter of 2024, ending a year of virtual stagnation.Expansion in the bloc was broad-based, with all of the biggest national economies performing slightly better than expected, as falling...
5 months ago