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Europe Daily Bulletin No. 13512

26 October 2024
Contents Publication in full By article 16 / 21
ECONOMY - FINANCE - BUSINESS / Economy
Public debt at 88.1% of GDP in euro area in second quarter of 2024
Brussels, 25/10/2024 (Agence Europe)

At the end of the second quarter, the ratio of public debt to GDP in the euro area stood at 88.1%, compared with 87.8% at the end of the first quarter, according to the Statistical Office of the European Union (Eurostat) on Tuesday 22 October. At the EU level, this ratio also increased, from 81.3% to 81.5%.

The highest ratios of public debt to GDP were recorded in Greece (163.6%), Italy (137.0%), France (112.2%), Belgium (108.0%), Spain (105.3%) and Portugal (100.6%), while the lowest were...

Contents

SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL Interview: coordination of social security, “We’ll see if we can build on Spanish compromise”, says Gabriele Bischoff
EXTERNAL ACTION
WESTERN BALKANS: Ursula von der Leyen reaffirms EU’s full commitment to speeding up integration process on visit to Bosnia and Serbia
CHINA: Europeans and Chinese still seeking agreement on importing Chinese electric vehicles into EU
SECTORAL POLICIES
COMPETITIVENESS: first draft of ‘Budapest Declaration’ on EU competitiveness divides Member States
FISHERIES: sandeel fishing, EU requests consultations within framework of EU/UK trade agreement
ENERGY: European Commission asserts that energy markets have stabilised in second quarter of 2024
ENERGY: Kadri Simson calls for further work on a more coordinated planning framework to develop offshore wind in North Seas
COHESION: EU local and regional authorities join forces with Polish regions to defend Cohesion Policy
REGIONS: €116 million in EU funding to help Germany and Italy recover from natural disasters
COMMISSIONERS-DESIGNATE HEARINGS IN EUROPEAN PARLIAMENT
ENVIRONMENT: Commissioner-designate for Environment, Jessika Roswall, presents action plan based on imperative of competitiveness
JUSTICE/RULE OF LAW: Michael McGrath affirms rule of law, fundamental rights, and democracy are pillars of EU, which he is committed to promoting and defending
COHESION: reforms must be aligned with regional realities, according to Executive Vice-President-designate, Raffaele Fitto
FINANCE/BANKING/MONEY LAUNDERING: mobilising private savings to finance EU’s climate transition will be one of Ms Albuquerque’s top priorities
EYCS: Glenn Micallef intends to work for an inclusive EU, based on well-being, participation of youth and intergenerational solidarity
ECONOMY - FINANCE - BUSINESS
STATE AID: green light for €724 million in Danish support for companies exposed to risk of carbon leakage
ECONOMY: public debt at 88.1% of GDP in euro area in second quarter of 2024
NEWS BRIEFS
AGRICULTURE: new EU rules on ‘Farm Sustainability Data Network’
CULTURE: Leuven, Molenbeek and Namur shortlisted for title of European Capital of Culture 2030
ECONOMY: nine EU countries have negotiated a reasonable deadline for presenting their multiannual budget programmes
ENVIRONMENT: European Environmental Bureau considers EU lagging behind on water pollution
SOCIAL:  Gabriele Bischoff and Dennis Radtke question European Commission on Ireland’s application of European Works Council Directive