The head of the government German, Olaf Schölzmet on Saturday in Buenos Aires with the Argentine president Alberto Fernandezin which they affirmed the importance of concluding the agreement between the European Union and the mercosur. “We agree on deepening bilateral trade relations and for this the agreement of the European Union (EU) with Mercosur is […]
Tag: European Union
EU believes that tensions with the US over subsidies will be resolved “soon”
The European Commissioner for the Internal Market, Thierry Breton, assured this Friday that the differences between the bloc and the United States over the Inflation Reduction Act – a US plan to subsidize the purchase of nationally manufactured electric vehicles – will be resolved soon. “I am convinced that we will see results soon. We […]
Lula considers it “urgent” for Mercosur to close an agreement with the EU before negotiating with China
brazilian president Luiz Inacio Lula da Silva I consider “urgent and extremely necessary” that he mercosur close an agreement with the European Unionbefore negotiating a treaty with Chinaduring a visit to Uruguaya country that is advancing trade negotiations with Beijing on its own. “It is urgent and extremely necessary for Mercosur to reach an agreement […]
The European Union wants to fight loneliness
The European Union wants to acquire a new approach to the mental health that gives special importance to loneliness, a condition that can negatively affect “to the well-being of the population, social inclusion and cohesion”. “The Swedish presidency intends to underline the issue of how to prevent and combat loneliness”said the Swedish Minister of Health, […]
Record millionaire bankers in the EU in 2021
A total of 1,957 bankers in the European Union (EU) earned more than one million euros (US$1.08 million) in 2021, a record, according to data released Thursday by the European Banking Authority (EBA). In the year 2021 there was “a significant increase in the number of people working for banks and European investment companies that […]
EU plans changes in pharmaceutical legislation to avoid drug shortages
The proposed changes to the pharmaceutical legislation of the European Union They will include stricter obligations for the supply of medicines and earlier notifications in case of shortages, the bloc’s Health Commissioner declared on Tuesday. Stella Kyriakides declared in a session of the European Parliament that the shortage of antibiotics is a growing problem in […]
The US and the EU have yet to reach an agreement on trade subsidies
The Executive Vice President of the European Comission and head of Trade, Valdis Dombrovskis, and the Trade representative of USAKatherine Tai, are meeting today with the US Inflation Reduction Act, which provides for multi-billion dollar investments in American-produced green technology, a bone of contention. On the American side, the meeting scheduled for Tai in Brussels […]
Banks with weak climate plans face legal risks
Failure to comply with the commitments exposes the sector to accusations of image greenwashing, or greenwashingABE noted on Thursday in its quarterly risk assessment. The warning comes amid a crackdown on the asset management industry that has led to more than $140 billion in funds being downgraded from the EU’s top-ranked environmental, social and governance […]
The European Union norm to limit damages from foreign subsidies is already in force
The regulation of the European Union to limit distortions caused by foreign subsidies came into force this Thursday, with the idea that the EU remains open to trade and investment while guaranteeing a level playing field for all companies. The regulation was proposed by the Commission in May 2021 and approved by the European Parliament […]
A large deposit of rare earths is discovered in Sweden
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Sweden announced Thursday the discovery of the rare earth deposit “larger” known so far in Europea small step towards a greater autonomy of the EU about Chinawhich leads the supply of these essential metals for the green transition. “This is the largest known deposit of rare earth elements in our part of the world, and […]