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Top 14 european commission News Today

EU carbon border tax goes easy on dirty Chinese imports, industry warns

#1 out of 14

business1d ago

EU carbon border tax goes easy on dirty Chinese imports, industry warns

Politico.eu

EU officials push ahead with default CO2 values for CBAM, set to apply from Jan. 1, 2025.
Industry groups say some default values are too low, risking reduced incentives to disclose real emissions.
Analysts warn improper defaults could let high-emission imports enter with insufficient carbon costs.
EU will use default benchmarks while real data collection remains ongoing for CBAM calculations.
CBAM aims to prevent dirtier imports from gaining an advantage over EU-made products.
Critics say the approach risks misaligning enforcement if default values are inaccurate.
Commission cites need to balance data accuracy with timely policy rollout.
Two-year periods would see default values apply unless revised, potentially fixing later.
CBAM includes a process to revise default values periodically as stated in the regulation.

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European super-grid plans threatened by huge power line funding gap | Euractiv

#2 out of 14

business1d ago

European super-grid plans threatened by huge power line funding gap | Euractiv

Euractiv.com

The European Supergrid faces a large funding gap that may delay key cross-border links.
Experts warn the delay could slow integration of renewable energy across Europe.
Public and private financiers are hesitant due to costs and regulatory hurdles.
Euractiv notes that momentum depends on coordinated European support.
The plan seeks to connect national grids to improve energy security.
The project would help reduce reliance on fossil fuels by linking storage and generation.
Regulatory complexity adds to the funding challenge for the supergrid.
The article emphasizes the need for timely delivery of high‑voltage lines.
Financiers’ hesitation could lead to scaled-back segments of the project.

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'Historic mistake': Trump will not be judged kindly if he 'wipes the slate clean'

#3 out of 14

politics1d ago

'Historic mistake': Trump will not be judged kindly if he 'wipes the slate clean'

Rawstory.com

EU officials oppose the plan to ‘wipe the slate clean’ for Russia and push for accountability.
Politico reports that the U.S. plan would pursue a long-term economic cooperation with Russia.
Zelenskyy says Ukraine will negotiate while warning against giving up territory.
Michael McGrath, EU justice chief, cautions the plan could fuel further Russian aggression.
The negotiations are framed within a broader push for stability and defense support for Ukraine.
Zelenskyy’s team indicates readiness to engage with Trump on the peace plan.
The plan proposes economic opportunities in Arctic energy and rare earth projects.
The report underscores a tension between peace efforts and market-friendly diplomacy.
Zelenskyy says Ukraine will not sign away territory during negotiations.
The U.S. and Ukraine continue discussions as part of a broader diplomacy strategy.
The article references skepticism about rewarding Russia for aggression.

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#4 out of 14

business1d ago

Lenivia Approval Might Change The Case For Investing In Zoetis (ZTS)

Finance.yahoo.com

The European Commission granted marketing authorization for Lenivia in dogs, extending Zoetis's pain-management portfolio.
Lenivia’s longer duration and novel binding set it apart from existing osteoarthritis therapies.
The approval aligns with Zoetis's strategy to grow long-acting biologics and expand addressable markets.
Portela (relfove) in Europe for cats is noted as a related recent launch in the portfolio.
Analysts expect Lenivia to influence long-term growth and margins if adoption is strong.
Zoetis projects significant revenue and earnings growth by 2028 based on ongoing innovation.
Some community estimates vary, with members placing fair value estimates between US$153 and US$230.
The article notes risk factors include adoption speed and safety considerations for OA pain products.
Zoetis emphasizes a focus on long-acting biologics to sustain growth.
The piece underscores the broader market context, including other animal health launches.

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EU official warns 'impunity' for Russia would mark 'historic mistake of huge proportions'

#5 out of 14

world1d ago

EU official warns 'impunity' for Russia would mark 'historic mistake of huge proportions'

Foxnews.com

EU official urges accountability for Russian crimes in Ukraine to prevent impunity and future aggression.
McGrath warns impunity would be a historic mistake of huge proportions, per Politico reporting.
The EU seeks accountability as part of its broader discussions on Ukraine peace and security.
The remarks were tied to Ukraine conflict and potential future rounds of aggression.
The EU official cited victims’ rights and evidence of Russian aggression in Ukraine.
The report highlights ongoing war-related and geopolitical dynamics in late 2025.
The piece references U.S. and European perspectives shaping Ukraine peace talks.
The report mentions McGrath’s comments were reported via Politico.
The article ties EU accountability stance to broader rights for victims of war.
The coverage frames accountability as central to future European strategy toward Russia.

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#6 out of 14

politics23h ago

Setting new borders for the EU’s Economic Security, newsletter

Euronews.com

The European Commission will unveil its long-awaited doctrine on economic security this week to strengthen the EU against rising global coercion.
Brussels anchored its approach on three pillars: competitiveness, diversified supply chains, and broad partnerships.
The Anti-Coercion Instrument (ACI), adopted in 2023, is a central tool though it has yet to be used amid growing US and China pressure.
The doctrine is expected to address how to shield the EU from threats without veering into protectionism.
Macron will visit China for talks on fair competition and Europe’s strategic partnership during a three-day state visit.
EU-China tensions include a large trade deficit and disputes over exports, with rare earths and chips central concerns.
Beijing is accused of supplying essential components to Moscow, including 80% of needed parts for weapons.
Macron’s trip also touches on Europe’s strategic role and how it engages Beijing on global issues.
EU ministers will also address migration and defense during the week alongside economic security talks.
The week includes multiple ministerial meetings on transport, telecommunications, and climate-related issues.

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Russian threats push Finland past EU deficit cap – DW – 12/01/2025

#7 out of 14

business23h ago

Russian threats push Finland past EU deficit cap – DW – 12/01/2025

Dw.com

Finland's 2025 deficit is projected to reach about 4.5% of GDP, breaching the EU limit of 3%.
The European Commission formally placed Finland under the Excessive Deficit Procedure, risking sanctions and stricter oversight.
Defense spending surged from 2022 to 2024, contributing to the deficit pressure as Finland aims for 3% of GDP on defense by 2029.
Energy disruption from Russia and the resulting higher costs pressured the fiscal outlook.
Analysts warn that austerity could choke growth given Finland's reliance on domestic sectors.
The government enacted a 2025 budget with steep spending cuts and tax hikes to curb the deficit.
Debt is rising as the country grapples with post‑Nokia economic challenges and welfare costs.
Energy diversification helped reduce Russia dependency, but at higher purchase costs.
Temporary trade shocks from Russia cut cross-border activity and tourism.
Authorities expect further fiscal consolidation if growth falters.
Finland remains highly ranked for happiness despite fiscal strain and political challenges.

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Reparations loan won't derail peace process, Kallas tells Belgian PM

#8 out of 14

politics21h ago

Reparations loan won't derail peace process, Kallas tells Belgian PM

Euronews.com

EU leaders are weighing a reparations loan that would use Russian assets to fund Ukraine for the next two years.
Kallas says the loan would strengthen Europe’s position toward Moscow and Washington.
Belgian Prime Minister De Wever opposes the plan, warning it could derail dialogue with Russia and affect Belgium’s liabilities.
EU leaders plan to decide on a new financing source for Ukraine when they meet on December 18.
De Wever argues common borrowing would be cheaper than a reparations loan, if risks are accounted for.
EU defence ministers discussed pressure on Russia and support for Ukraine amid the stalled plan.
EU officials consider Plan B if the reparations loan stalls, including other financing routes.
IMF involvement remains in the mix as Kyiv seeks macroeconomic stability.
EU officials hope a solution will allow Kyiv to defend itself without overburdening member states.
Belgium hosts Euroclear and is central to the asset discussions in the reparations proposal.

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EU agrees to ax trade perks for countries that refuse to take back failed migrants

#9 out of 1420.8K est. views

politics16h ago

EU agrees to ax trade perks for countries that refuse to take back failed migrants

Politico.eu

EU negotiators approve a draft text linking GSP trade benefits to readmission cooperation with noncompliant countries.
The readmission clause may withdraw preferential arrangements if a beneficiary country does not cooperate on readmitting its own nationals.
The reform is tied to the Generalized Scheme of Preferences review, a program spanning 50 years aimed at helping poorer nations export to the EU.
EU producers warn that cheap rice imports could threaten talks, prompting concerns about farmer competition.
The agreement responds to rising far-right sentiment and calls for tougher migration enforcement across Europe.
Return cooperation will be discussed further at upcoming Justice and Home Affairs ministers meetings.
The agreement includes a correction note clarifying which rice-producing countries could affect support.
The reform aims to balance development goals with trade access, linking human rights, labor, and environmental reforms to preferences.
The draft text was approved late Monday by EU negotiators.
The plan forms part of a broader revision of a 50-year-old program aiding poorer exporters into the EU.

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#10

‘Pure regulatory chaos’: Move to help Europe win artificial intelligence race misfires

#10 out of 14

technology10h ago

‘Pure regulatory chaos’: Move to help Europe win artificial intelligence race misfires

Politico.eu

EU pauses final AI Act rules, triggering concerns over legal certainty and timing.
Industry says the pause could create a regulatory cliff if the deadline isn’t met.
Experts warn the change could leave EU firms uncertain about compliance timelines.
Commission signaled the pause could last up to 16 months, or shorter if standards move faster.
Lawmakers acknowledge the pause but worry about overall planning and certainty.
EU aims to delay until December 2027 but keeps flexibility on timing.
Industry leaders emphasize continuing high-risk AI compliance programs.
EU’s delay affects both lawmakers and companies planning for the 2026 implementation date.
Digital Europe and other groups push for clearer timelines to support planning.
EU’s approach aims to balance industry pressure with legal certainty, amid a complex omnibus.

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