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Image header Agence Europe
Europe Daily Bulletin No. 13647
Contents Publication in full By article 17 / 26
ECONOMY - FINANCE - BUSINESS / Economy/trade

G7 countries demonstrate their willingness to work together to reduce trade tensions and macroeconomic imbalances

On Thursday 22 May in Banff (Canada), the Finance Ministers of the G7 countries adopted a joint Communiqué in which they “condemned” Russia’s military aggression against Ukraine and pledged to work to reduce the macroeconomic “uncertainty” caused by international trade tensions.

Hosting the meeting, Canadian Minister François-Philippe Champagne welcomed the active participation of his American counterpart Scott Bessent, saying that the adoption of the joint Communiqué...

Updated on 2/6/2025 at 09:00

Contents

SECTORAL POLICIES
RESEARCH: European ministers want more funding for Horizon Europe framework programme and administrative simplification
RESEARCH: European ministers approve European Research Area policy programme and defend academic freedom
ENERGY: European Commission adopts rules for contribution of 44 oil and gas companies to CO2 storage target
ENERGY: ACER warns insufficient progress on decarbonisation could cause increased EU dependence on spot LNG
COMPETITIVENESS: European Commission outlines its plans for a ‘Net-Zero Industry Act’
DIGITAL: DPC approves use of users’ public personal data for Meta AI training
AGRICULTURE: future of common agricultural policy at centre of European ministers’ debates, Monday 26 May
AGRICULTURE: EU grants €15 million in emergency aid for farmers in three countries
SEA: Christophe Clergeau and other MEPs call for Ocean Pact containing binding commitments
SECURITY - DEFENCE - SPACE
SPACE: European Ministers stress importance of processing space data to strengthen EU’s resilience
EXTERNAL ACTION
UNITED STATES: Donald Trump threatens to tax European products at 50% starting in June
TRADE: EU opens anti-dumping investigations into certain Chinese tyres and Vietnamese polyethylene terephthalate
ALBANIA: Tirana opens fourth set of fundamental acquis chapters, now leading race for EU membership
NORTH MACEDONIA: Skopje calls for fairness and clarity in its EU accession process
PHILIPPINES: EU finances new joint programme with Philippines to accelerate transition to green economy
INSTITUTIONAL
EU INSTITUTIONS: European officials call on EU to act towards Israel in accordance with fundamental values
ECONOMY - FINANCE - BUSINESS
ECONOMY/TRADE: G7 countries demonstrate their willingness to work together to reduce trade tensions and macroeconomic imbalances
BANKS: provision of 33 deposit guarantee schemes in EU reached regulatory threshold
SOCIAL AFFAIRS
SOCIAL/EMPLOYMENT: up to 720,000 jobs could be at risk in EU with US tariffs set at 20% on European exports, warns ETUI
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: LGBT rights—pending opinion from CJEU, coalition of organisations is campaigning for legal gender recognition in Bulgaria
COUNCIL OF EUROPE
HUMAN RIGHTS: nine EU countries call for role of European Court of Human Rights on migration to be questioned
NEWS BRIEFS
FUTURE OF EUROPE: António Costa announces locations of next European political communities
DEFENCE: Saab CEO Micael Johansson elected ASD President
DIGITAL: European Commission launches consultation on its future Data Union Strategy
RESEARCH: European ministers call for an inclusive, ethical, sustainable and human-centric strategy for uptake of AI in science
RESEARCH: European ministers want to pursue research and innovation partnership in Mediterranean region