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Strengthening Europe’s Defense Capabilities and Resilience
The Global Banker Magazine In a recent plenary debate on the forthcoming Council meeting scheduled for 21-22 March, the ECR Group emphasized the need for bolstering the EU’s defense capabilities. Beata Szydło, ECR Vice-President, highlighted the importance of not only a competitive defense industry but also a pragmatic industrial and agricultural policy to ensure resilient…
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European Parliament and EU Council Reach Agreement on Revised “Breakfast Directives”
The Global Banker Magazine Last night, the European Parliament and the EU Council achieved a significant milestone with their agreement on the revised “Breakfast Directives”, aimed at providing clearer labelling for honey, fruit juices, and jam to European consumers. A major triumph of the S&D Group in these negotiations is the establishment of a traceability…
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Advancing Transatlantic Trade and Technology: Insights from the EU-US Trade and Technology Council Meeting
The Global Banker Magazine Washington, D.C. hosted the fifth meeting of the EU-US Trade and Technology Council (TTC), where ministers convened to review the progress and set new priorities for transatlantic collaboration. Co-chaired by European Commission Executive Vice-Presidents Margrethe Vestager and Valdis Dombrovskis, US Secretary of State Antony Blinken, US Secretary of Commerce Gina Raimondo,…
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The European External Action Service – Navigating Coordination and Challenges
The Global Banker Magazine The European External Action Service (EEAS) stands as a pivotal player in the implementation of the EU’s foreign and security policy. Recently, the European Court of Auditors released a report assessing the effectiveness of its coordination efforts with EU institutions and delegations worldwide. The findings highlight a largely effective process, yet…
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European Union Foreign Ministers Discuss Peace Solutions in the Middle East
The Global Banker Magazine As the situation in the Middle East remains volatile, the attention of the European Union has turned towards finding viable solutions to the conflicts, particularly the war in Gaza. The EU Foreign Ministers recently convened in Brussels to engage in discussions and exchanges with key stakeholders from the region. The meeting…
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European Commodity Clearing Expands Clearing Services in Slovenia
The Global Banker Magazine European Commodity Clearing (ECC) has announced its plans to launch clearing services in the power intraday continuous and day ahead markets in Slovenia by April 2024. This initiative, contingent on regulatory approval, will be conducted in collaboration with the local exchange, BSP Energy Exchange LLC (BSP). This expansion will further bolster…
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