McKinsey: Europe’s carmakers need new China strategy

McKinsey: Europe’s carmakers need new China strategy

According to consultancy McKinsey, the European car industry has lost around 5 percentage points of market share in the Chinese car market since 2019. In other news: The European Court of Human Rights found that the current political system in Bosnia and Herzegovina prioritizes ethnic representation. As a result, elections are undemocratic. Bulgaria stressed its ambitions concerning its Schengen membership during the Strategic Forum.

Europe in brief: Rome calls on Tripoli to increase efforts to combat human trafficking

Europe in brief: Rome calls on Tripoli to increase efforts to combat human trafficking

Italian Prime Minister Giorgia Meloni is worried about the level of migrant landings in Italy. EU and US envoys want Kosovo and Serbia to find a political solution to their conflict. Albania, France and Germany have signed a cooperation agreement to reform the Albanian energy sector. German Chancellor Olaf Scholz is lukewarm about the idea of a European Union army.

Europe in brief: EU offers closer partnership with Central Asia

Europe in brief: EU offers closer partnership with Central Asia

European Council President Charles Michel wants to intensify the bloc’s relationship with Central Asia. The new Bulgarian government is about to start work. Albania and Hungary strengthen their cooperation. Germany escapes a fine as the European Commission ends water pollution proceedings.

Europe in brief: European Commission warns of new excessive budget deficit procedures starting in 2024

Europe in brief: European Commission warns of new excessive budget deficit procedures starting in 2024

European rules oblige member states to keep their budget deficit below 3 percent of GDP. However, there was an exemption in place during the pandemic, which expires at the end of 2023. The EU states want to provide Ukraine with urgently needed artillery ammunition for the fight against Russia as quickly as possible. Austria will participate in an EU mission in Niger.

Europe in brief: In the earthquake regions, more and more bodies are being recovered, while Germany and other states increase humanitarian aid.

Europe in brief: In the earthquake regions, more and more bodies are being recovered, while Germany and other states increase humanitarian aid.

International support is gradually arriving in Turkey and Syria, but many earthquake victims are still waiting for the help they need; an EU donor conference is planned for March. Bosnia and Herzegovina’s new foreign minister, Elmedin Konaković, paid an official visit to Brussels. Migration into the EU: The Slovak Republic and others stressed the necessity of strict protection of the external borders. Bulgaria and Romania insist they have fulfilled the conditions to be accepted into Schengen.