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Your weekly 'Economy and Jobs' update from EURACTIV

Wednesday, 27 June 2018

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ECPNOMY JOBS WEEKLY

Check out our latest coverage in our ECONOMY & JOBS WEEKLY policy hub or follow our latest updates on @eaEconomy
By Jorge Valero (@europressos)

[Economy & Jobs] In the early hours of Friday (22 June), the Eurogroup reached an “historic” deal on a debt relief for Greece, solving the last political hurdle to conclude its rescue programme after more than eight years.

[Economy & Jobs] French President Emmanuel Macron on Tuesday (19 June) won German Chancellor Angela Merkel's backing for reforms that are aimed at bolstering the eurozone against crises, including a vaunted budget for the bloc.

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[Economy & Jobs] In an exclusive interview with EURACTIV, the EU's antitrust chief, Margrethe Vestager, said the US social network Facebook was on her radar screen but not the e-commerce giant Amazon, which is also suspected of abusing its dominant position.

[Politics] Trade unions and employers have joined forces to urge the EU and UK to speed up Brexit talks ahead of tomorrow's European Council summit.

[Politics] We need an EU budget that protects people instead of investing in borders and defence industries, argue Leo Williams and Vito Telesca.

[Economy & Jobs] A redevelopment project co-financed by the ERDF in the commune of Sète (France) aims to mitigate erosion which threatens the site. The fund contributes to projects on sensitive issues in the area by the Mediterranean, such as maritime pollution and sustainable tourism. EURACTIV.fr reports.

[Economy & Jobs] As the trade war with the US escalates, the EU is considering imposing provisional safeguard measures on steel imports, Trade Commissioner Cecilia Malmström told the press on Tuesday (26 June).

[Economy & Jobs] Parts of the German CDU party are highly critical of the joint reform plans proposed by their own Chancellor Angela Merkel and French President Emmanuel Macron. Her projects for the eurozone are the "wrong signal", they say. EURACTIV Germany’s media partner “WirtschaftsWoche” reports.

[Economy & Jobs] Harley-Davidson announced on Monday (25 June) it would move some production out of the US to avoid EU tariffs and it might not be the last to do so. That has prompted European consumers’ organisations and importers to warn of the negative impact on consumers.

[Economy & Jobs] What will workplaces be like in the future? Will I still have a job that I am trained to do, that doesn’t bore or cripple me? When will I retire, and what sort of world will I be leaving for my children? These sorts of questions are preoccupying Europeans more and more, argues Steve Coulter.

[Economy & Jobs] As EU Social Affairs ministers are currently discussing social rights in the labour market, it is striking that, especially in the welfare state of Germany, one's career still depends heavily on where one comes from. EURACTIV Germany reports.

[Politics] Eurogroup head Mário Centeno warned Monday (25 June) of differing opinions towards a plan by France and Germany to establish a eurozone budget, ahead of a key EU summit to discuss the matter.

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[EU-China] The Asian Infrastructure Investment Bank (AIIB) has recently decided to start looking abroad to invest its $100 billion in capital, including ports in the EU. His vice-president Joachim von Amsberg told EURACTIV there wouldn’t be any rivalry with EU institutions, but rather "collaboration".

[Economy & Jobs] For too long, trade unions have failed to anticipate changes in an increasingly volatile labour market. It is time to take a proactive approach and protect workers’ rights, Luca Visentini, secretary-general of the European Trade Union Confederation (ETUC), told EURACTIV.com in an interview.

[Transport] EXCLUSIVE / Europe has little to gain from trying to decarbonise the unwieldy shipping sector with liquefied natural gas (LNG), according to a new study that looks into how the EU could cut emissions over the next three decades.

[Economy & Jobs] The European Union will respond to any US move to raise tariffs on cars made in the bloc, a senior European Commission official said, the latest comments in an escalating trade row.

[Politics] According to a 2015 Eurobarometer survey, around 12% of people in Europe consider themselves at risk of discrimination. In fact, any person in Europe could potentially fall victim to this injustice, write Birgit Van Hout and Tena Šimonović Einwalter.

[Economy & Jobs] US President Donald Trump threatened on Friday (22 June) to impose a 20% import tariff on all cars manufactured in the EU if recent sanctions the bloc slapped on Washington are not “broken down and removed”, continuing the tit for tat trade war with America's nominal allies.

[Economy & Jobs] In January 2018, the European Union adopted a new package as part of a broader Circular Economy action plan launched in 2015.

[Economy & Jobs] The European Commission cleared up some of the details of its proposal to reform cohesion policy in the next EU long-term budget during a second round of discussion with MEPs on Wednesday (21 June).

[World] The European Union slapped revenge tariffs on iconic US products including bourbon, jeans and motorcycles on Friday in its opening salvo in a trade war with President Donald Trump.

[Economy & Jobs] In the early hours of Friday (22 June), the Eurogroup reached an “historic” deal on a debt relief for Greece, solving the last political hurdle to conclude its rescue programme after more than eight years.

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