German carmakers: EU electric car tariffs on China will raise prices
After EU countries approved a tariff of up to 35.3 percent on electric cars from China, German carmakers warn that the decision will distort competition and damage global trade.
EU-UK: British prime minister in Brussels in pursuit of EU relations reset
In a first visit, UK Prime Minister Keir Starmer met with European Commission President Ursula von der Leyen in an effort to reset the relations between the UK and the European Union. It remained unclear how Britain aims to improve ties with the EU but the Labour prime minister identified migration, among others, as an area for cooperation with the bloc.
ECB’s Lagarde hints at further rate cut as inflation moderates
The European Central Bank president stated earlier this week that inflation could soon return to the bank’s target level. The ECB’s mid-term inflation target stands at 2 percent.
Report: ‘Noticeable’ climate gap in EU countries’ agricultural plans
A new report investigating the EU member states’ agricultural plans found that the plans are not sufficiently protecting the environment. The European Court of Auditors highlighted that the European Commission’s move to pacify farmers risked impacting the objectives of the Common Agricultural Policy (CAP).
Germany pushes for EU crackdown on Chinese firms Temu and Shein
According to Germany and five other EU member states, goods sold by Chinese online companies such as Temu and Shein and imported into the European Union do not comply with the Digital Services Act.
EU countries take first step to weaken protected status of wolves
EU member states have moved to weaken wolf protection measures in response to growing concerns about the threat to livestock. At a meeting of EU ambassadors, Germany backed the proposal.