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Image header Agence Europe
Europe Daily Bulletin No. 13624
Contents Publication in full By article 7 / 24
ECONOMY - FINANCE - BUSINESS / Ecb

Faced with “exceptional uncertainty” linked to US customs tariffs, monetary institute cuts key rates again

Faced with the “exceptional uncertainty” generated by the trade tensions triggered by US President Donald Trump, the ECB decided, on Thursday 17 April, to cut its three main key rates by 25 basis points for the seventh time since June 2024.

From Wednesday 23 April, the interest rates on the deposit facility, the main refinancing operations and the marginal lending facility will be decreased to 2.25%, 2.40% and 2.65% respectively.

Citing a “unanimous” decision by the Governing...

Contents

Time off: Easter
EXTERNAL ACTION
UNITED STATES: Donald Trump “100%” sure there will be deal with EU on tariffs
MERCOSUR: EU/Mercosur trade agreement unlikely to reduce emissions, according to study commissioned by CAN Europe
WESTERN BALKANS: on visit to Sofia, Marta Kos stresses “crucial” importance of enlargement for “security and competitiveness” of EU
UNITED ARAB EMIRATES: David McAllister calls for closer relationship with UAE
DEVELOPMENT: more than half of EU countries reduced their international aid budgets in 2024, according to OECD
ECONOMY - FINANCE - BUSINESS
ECB: faced with “exceptional uncertainty” linked to US customs tariffs, monetary institute cuts key rates again
FINANCE/CLIMATE: European Commission publishes standardised templates for disclosures for green bonds
TAXATION: OECD policymakers must weigh up pros and cons of increasing tax burden on businesses, according to Tax Foundation
BANKS: gender pay gap in financial sector remains high
INSTITUTIONAL
BUDGET: thirty-nine MEPs call on European Commission to propose digital tax as new own resource
SECTORAL POLICIES
ENERGY: LNG imports will have to increase by 20% compared with summer of 2024 to replenish gas stocks, according to ACER
ENVIRONMENT: Piotr Serafin assures European Commission has not taken advantage of grants awarded to NGOs to push them to influence MEPs
CLIMATE: Bruegel think tank sounds alarm about risks posed by global warming to sovereign debt sustainability
HEALTH: Cardiovascular Health Group in European Parliament launched
AGRICULTURE : Copa-Cogeca opposed to dismantling CAP’s two-pillar structure
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
GENDER EQUALITY: progress towards a balance in political representation and decision-making is slow, according to European Institute for Gender Equality
FUNDAMENTAL RIGHTS/YOUTH : European Disability Forum welcomes “encouraging” discussions with Glenn Micallef
SOCIAL AFFAIRS
SOCIAL/EMPLOYMENT: quality jobs, BusinessEurope publishes its expectations for European Commission’s next ‘Roadmap’
SOCIAL/EMPLOYMENT: administrative simplification, French social security institutions warn of potentially counter-productive effects of certain initiatives
NEWS BRIEFS
FOREIGN AFFAIRS: Europeans and Americans consult on Ukraine, Middle East and Iran
DEFENCE: Italy to spend 2% of its GDP on defence this year
ENLARGEMENT: EU launches second edition of its Diplomatic Programme for the Enlargement Region
ZAMBIA: EU celebrates 50 years of partnership with Lusaka with renewed strategic approach