This article is brought to you in association with the European Parliament. The EU has pledged €1 million for the Fisheries Funding Mechanism which forms part of the World Trade Organization (WTO) Agreement on Fisheries Subsidies reached last year. Established in November 2022, this new Fisheries Funding Mechanism aims to support sustainability in fisheries and eliminate […]EU pledges €1 million for landmark WTO Agreement on Fisheries Subsidies
January 20, 2023 by Leave a Comment
This article is brought to you in association with the European Parliament. The EU has pledged €1 million for the Fisheries Funding Mechanism which forms part of the World Trade Organization (WTO) Agreement on Fisheries Subsidies reached last year. Established in November 2022, this new Fisheries Funding Mechanism aims to support sustainability in fisheries and eliminate […]Foreign Subsidies Regulation: rules to ensure fair and open EU markets enter into force
January 12, 2023 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the Foreign Subsidies Regulation (‘FSR’) enters into force. This new set of rules for addressing distortions caused by foreign subsidies will allow the EU to remain open to trade and investment, while ensuring a level playing field for all companies operating in the […]Agreement on foreign subsidies: ensuring equal competition in the EU
July 1, 2022 by Leave a Comment
This article is brought to you in association with the European Parliament. Parliament and Council negotiators agreed on Thursday on new tools ensuring that foreign subsidies granted by non-EU countries to companies do not distort the internal market. The new draft regulation will enable the Commission to investigate subsidies granted by non-EU public authorities to companies […]New tool to protect internal market against distortive foreign subsidies
May 5, 2022 by Leave a Comment
This article is brought to you in association with the European Parliament. Parliament set its negotiating position on legislation designed to counteract market-distorting foreign subsidies granted to companies operating in the EU. The new tool gives the EU Commission the power to investigate and counteract market-distorting foreign subsidies granted to companies set to acquire EU businesses […]New trade defence tool to protect EU firms from distortive foreign subsidies
April 26, 2022 by Leave a Comment
This article is brought to you in association with the European Parliament. The Committee on International Trade backed a proposal designed to counteract market-distorting foreign subsidies granted to companies operating in the EU. The draft law, as adopted by the Committee on International Trade by 42 votes unanimously, gives the EU Commission the power to investigate […]The China-US trade deal will be signed on time; the path is set
December 6, 2018 by Leave a Comment
The China-US trade truce agreed upon by the US President Donald Trump and his Chinese counterpart Xi Jinping has just prolonged the uncertainties haunting all and every world market. Stock exchanges on Monday went up and then on Tuesday fell on the news. The respite was struck last Saturday between the two leaders, in the […]The Brexit factor in the US-China trade war and other conflicts
September 10, 2018 by Leave a Comment
Last Friday, the American President Donald Trump aboard Air Force One threatened China with new tariffs on $267 billion of goods heading for the US markets, on top of the $200bn worth of Chinese exports Washington currently is ready to punish with extra levies. The US has already imposed extra tariffs on $50bn of Chinese […]Statistics show the ugly face of youth training schemes
November 28, 2013 by 2 Comments
Thank God Eurostat, the EU statistical service and the Eurobarometer surveys, are still there and can produce reports refuting some commonly accepted pseudo-truths. Of course statisticians can also lie but it’s easy to expose them, while it’s much more difficult to expose the lies commonly used by politicians. A characteristic example is traineeships. This is […]EU Banks still get subsidies from impoverished citizens
October 22, 2013 by Leave a Comment
Five years after the melt down of the western financial system, triggered by the bankruptcy of Lehman Brothers in September 2008, and the European taxpayers still pay the price. According to European Commission’s estimates the cost of government (aka taxpayer and all citizens) support to failing banks in Eurozone reached €4.5 trillion during the first […]EU agricultural production no more a self-sufficiency anchor
October 2, 2013 by Leave a Comment
The last deal to reform the European Union’s Common Agricultural Policy (CAP) this week between the Parliament, the Commission and the Council is a final recognition, concluded that European agriculture is not considered any more as the basic supplier of food for the Union’s 500 million inhabitants. It also recognises that farmers should receive aid […]The EU threatens to impose extra import duties on Chinese products
April 12, 2013 by Leave a Comment
The powerful EU’s executive arm, the European Commission, announced yesterday its proposal for a new legislation targeted at strengthening the protection of home businesses and products from external competition. It’s a clear effort to help the Union’s economy overcome a deepening recession. The new legislations will be in force early in 2014, after being approved […]
