EU leaders to tackle China exports, energy prices, budget at summit
Leaders will weigh a €360 billion trade gap with China, rising energy costs and a disputed 2028-2034 budget as pressure builds for relief.
- European Union leaders convene in Brussels on Thursday to debate curbing surging Chinese exports and addressing broader economic competitiveness amid trade imbalances.
- Franco-German proposals released last week focus on restricting imports of chemicals and PET, calling for rapid retaliation measures against countries harming the bloc's economy.
- The trade deficit with China reached €360 billion , prompting a senior European Union diplomat to warn, "Every month that goes by, thousands of jobs are lost."
- Leaders will discuss European Commission proposals for the next seven-year budget while several European Union countries placed high energy prices on the agenda as an issue of "critical importance."
- On Friday, President Volodymyr Zelenskiy is due to attend to discuss Ukraine's funding needs for 2027, while leaders will address the bloc's methane emissions rules and additional short-term energy measures.
85 Articles
85 Articles
EU summit starts with divisions over budget 2028-2034 and pressure to lower energy and strengthen competitiveness vis-à-vis China
Brussels, 15 Oct (EFE).- The leaders of the European Union began Thursday the first day of a summit where they will discuss the next EU budget, with positions far from an agreement for now, as well as the improvement of European competitiveness in the face of the increase of energy and trade imbalances with China. [...] Entry Starts the first EU summit day, focused on budgets, energy and China was first published in HolaNews.
EU Summit to Tackle China’s Export Surge, Rising Energy Costs and Budget Disputes
European Union leaders began a summit to discuss ways to deal with rising exports from China, which industry groups say are causing factory closures. The leaders met shortly after the European Commission reached an agreement with China to limit imports of hybrid cars. This deal is part of a broader plan to reduce the EU’s […]
The Heads of State and Government met on 15 and 16 October in Brussels to discuss the 2028-2034 budget. Beyond the billions, the classical opposition between 'expenditure' and 'radins' must not hide the main issue: the Union's ability to produce public goods at the height of the historic moment.
Cyprus aims at ‘balanced EU budget’ during two-day council
President Nikos Christodoulides will be participating in the European Council in Brussels on Thursday and Friday, which will focus on the multiannual financial framework for 2028-2034, aimed at reaching a comprehensive deal by the end of 2026. “The main priority of the Republic of Cyprus continues to be forming a balanced and ambitious European budget, […]
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