In a move to address the ongoing protests by French farmers, Prime Minister Gabriel Attal unequivocally declared France's rejection of the EU-Mercosur free trade agreement. The decision, previously hinted at by President Emmanuel Macron, aims to alleviate the grievances of farmers who have been blocking roads and highways across the country. France's two largest farmers' unions said in a statement that they will lay siege to Paris from Monday.
Germany has increased its vocabulary of “non words”, with the term “remigration”, quite extensive to the rest of the European Union combating illegal migration. However a jury of linguists in Marburg in Hessen, argue the term is being used as a “euphemistic cover vocabulary” by extreme right wing parties.
Despite Brexit, the United Kingdom is not planning to change metric laws inherited from the European Union, meaning traders can use Britain's traditional imperial weighing system only alongside the metric one. This follows a public consultation with nearly 99% of respondents saying they were happy with kilos and liters.
The UK and EU have agreed to extend trade rules on electric vehicles until the end of 2026 to keep costs down for manufacturers and consumers, Prime Minister Rishi Sunak has announced.
Following an agreement between heavyweights Germany and France, the European Union has anticipated lower budget deficits and falling debt ratios to boost investment. The decision was praised by the northern EU austerity members and also by the southern countries, normally more lenient on spending.
Mercosur and the European Union failed to sign the much-expected and long-awaited free trade and cooperation agreement during the South American block summit in Rio do Janeiro, mainly because of discrepancies over forestry and agricultural land. Brazilian President Lula da Silva said he was committed to signing the agreement with the EU, and will not give up until achieved but further hurdles could be in the way.
The European Union's Commissioner who was due to attend the Dec. 7 Mercosur Summit in Rio de Janeiro to sign the trade agreement between both blocs has canceled his trip, it was reported Sunday. According to the Financial Times, Valdis Dombrovskis shall not be attending the event, which in addition to announcements in Buenos Aires and Brasilia coupled with further negative statements from French President Emmanuel Macron, would amount to the end. at least for now, of the much-heralded agreement.
Spanish Prime Minister Pedro Sánchez held a telephone conversation this week with Paraguayan President Santiago Peña during which he insisted on his country's commitment to finalizing the trade deal between the European Union and Mercosur while he held the rotating presidency of the northern alliance. The deal would unite 800 million people and represent a quarter of the world's Gross Domestic Product (GDP). If things go on as projected, Mercosur would obtain duty-free access for 93% of its exports to the EU, with a 10-year deadline to achieve this goal.
The European Parliament negotiators agreed on Thursday the EU Nature Restoration Bill which requires member countries to restore 20% of EU land and sea habitats by 2030, a bill that has already triggered spontaneous protests from the farming community in several EU countries.
After Bolivia severed diplomatic ties with Israel in the aftermath of the ongoing crisis in the Middle East, Spain’s Social Rights Minister Ione Belarra said Wednesday that her country and the rest of the world should follow suit due to Prime Minister Benjamin Netanyahu’s ”planned genocide” against the people of Palestine.