EU leaders to tackle China exports, energy prices, budget at summit
Leaders will press the European Commission for tougher trade defenses and short-term relief as Chinese imports hit a record €360 billion trade deficit.
- 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.
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317 Articles
Leaders of the 27 stressed that the current situation "requires an urgent coordinated European response, based on targeted and temporary measures", taking into account the circumstances of the States.
On the one hand 17 countries, on the other, six - those that pay the most for the budget. But this is not the only issue that is causing the summit tension: the control of the cost of energy. The issue of trade with China seems to be more peaceful.
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Several European Union member states, including the Czech Republic, managed to include a new call for the European Commission to re-evaluate the impacts of the ETS2 emissions trading system in the conclusions of the EU summit. This follows from the final conclusions of the first day of negotiations, which took place on Thursday.
After a day of stalemate and clashes, in the night the twenty-seven leaders of the EU found a compromise on the European emissions trading system (ETS), but without accepting the request to postpone the new carbon market for buildings and transports. In the conclusions of the European Council enters, under pressure of Italy and [...] The article Il Fatto Quotidiano comes from Il Fatto Quotidiano.
The EU budget divides the members again
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