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- Rapporteurs agree on digital euro design amid EU-US economic tensions
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- EU approves customs reform to manage trade volumes and enhance compliance
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EU
The European Parliament’s rapporteurs have reached an agreement on the digital euro’s design, facilitating both online and offline payments. This development addresses growing economic tensions with the US and aims to reduce dependence on American payment systems, advancing the legislative process following months of impasse.
The EU has enacted a comprehensive customs reform to manage increasing trade volumes and streamline standards enforcement. The agreement, deemed the most significant since 1968, introduces a customs data hub for efficient monitoring and simplified procedures for compliant traders, while enhancing controls on non-compliant goods.
Valérie Hayer, MEP and President of Renew Europe, discussed key policy directions and strategies for enhancing the bloc’s economic resilience. She emphasised the importance of innovation and collaboration among EU member states to address current challenges and strengthen economic stability across Europe.
EUROPE MORNING BRIEFING
Belgian Prime Minister Bart De Wever urged Europe this morning to negotiate with Russia to end the Ukraine conflict and restore access to affordable energy. The European Union remains divided on this approach.
EUROPE MORNING BRIEFING
Hungarian PM Viktor Orbán rallied supporters this morning in Budapest, framing April’s election as a choice between peace and war. He criticised Ukraine’s Zelenskyy and the European Union regarding the Druzhba pipeline dispute.
EUROPE MORNING BRIEFING
Overnight, Hungary’s opposition leader Péter Magyar accused Prime Minister Viktor Orbán of collaborating with Russian agents ahead of the 12 April elections. Magyar emphasised the need to address economic challenges in his campaign.
EUROPE MORNING BRIEFING
European Union foreign ministers meet today in Brussels to discuss extending the Aspides naval mission to the Strait of Hormuz. Pressure from the US rises as the region’s oil supply faces escalating risks.
EUROPE MORNING BRIEFING
This morning, the EU faces increased security and economic challenges following the outbreak of war in Iran. Experts warn of immediate impacts on crime and energy reliance across Europe.
EUROPE MORNING BRIEFING
This morning, the Iranian ambassador to the UN reaffirmed that Tehran does not attack civilian sites in the Gulf, despite accusations. He indicated that any facility used to target Iran, including in Europe, could become a legitimate military target.
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