Browsing: European Commission

Former Greek Finance Minister Yanis Varoufakis stated that European Commission President Ursula von der Leyen’s remarks lack substance, asserting that Europe faces a choice between federalisation or dissolution of the euro. His comments coincide with an informal EU summit focusing on eurobonds and competitiveness.

European Union defence ministers have approved the national investment plans of eight member states, enabling the first disbursements under the €150 billion Security Action for Europe scheme. Cyprus Defence Minister Vasilis Palmas emphasised the EU’s commitment to strengthening security amid rising defence needs.

Industry leaders, including EUROFER President Henrik Adam, demanded urgent EU action to lower high electricity prices, which threaten competitiveness and investment in energy-intensive sectors. They seek costs around €50/MWh to support decarbonisation and restore industrial capacity amid rising global competition.

Ursula von der Leyen, President of the European Commission, emphasized the need for careful implementation of a “Made in Europe” preference in public contracts, highlighting its potential to boost European production amidst rising concerns over US tariffs and Chinese trade practices.

French President Emmanuel Macron has initiated a debate on EU common debt, or eurobonds, as reported by EU news editor Maria Tadeo in Strasbourg. This discussion is significant as it addresses ongoing financial challenges faced by the bloc.

Political groups in the European Parliament agreed on the EU-US trade deal, established in July 2025 by US President Donald Trump and European Commission President Ursula von der Leyen. The deal requires ratification following controversies around tariffs and territorial sovereignty issues.

French President Emmanuel Macron and Italian Prime Minister Giorgia Meloni have called for the European Union to re-engage diplomatically with Russia to influence post-war security discussions. This push has intensified amid debates on appointing a special envoy to streamline communication with the Kremlin.

European Commission President Ursula von der Leyen stated the proposed “European preference” aims to prioritise EU-made products in public procurement, essential for enhancing competitiveness and reducing dependency on foreign imports. Industry leaders warn of supply chain disruptions and increased costs.

EU officials have expressed concerns about Spain’s plan to regularise undocumented migrants, stating it could set a precedent for other member states. This development is significant as the EU seeks to manage migration effectively amidst ongoing challenges.

Ursula von der Leyen, President of the European Commission, proposed that countries unable to reach consensus on economic policies should form smaller groups to advance initiatives, ahead of a pivotal summit aimed at strengthening Europe’s economy against US and China pressures.