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.
84 Articles
84 Articles
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
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