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Image header Agence Europe
Europe Daily Bulletin No. 13740
Contents Publication in full By article 16 / 26
ECONOMY - FINANCE - BUSINESS / Romania

European Commission urges Bucharest to respect its fiscal commitments for its “credibility” on financial markets

On Tuesday 28 October in Bucharest, the European Commissioner for the Economy Valdis Dombrovskis, encouraged the Romanian government to “stay the course” of fiscal consolidation in order to meet the commitments made at European level, which include reducing the public deficit from 9.3% to “8.4% of GDP” between 2024 and 2025.

“By far the highest in the entire European Union”, the current public deficit figures are “clearly unsustainable”, said Mr Dombrovskis. He noted...

Contents

BEACONS
Beacons: Cyprus moves towards its Presidency of the Council – and towards reunification?
SECTORAL POLICIES
AGRICULTURE: European Commission refuses to postpone date of entry into force of regulation on combating deforestation
AGRICULTURE : 2025 sees fragile recovery in European wine production according to Copa-Cogeca
FISHERIES: European ministers agree on 2026 Baltic fishing quotas
FISHERIES: Spain calls for an increase in bluefin tuna quotas in Atlantic and Mediterranean
CLIMATE: plans submitted by Parties to Paris Agreement do not enable to meet emission reduction ambitions
ENERGY: Dan Jørgensen stresses importance of fully connected Central and South-East region
INDUSTRY: European Commission launches Critical Chemicals Alliance
MIGRATION: returns - new Danish text yet to offer solutions to issues raised by compulsory mutual recognition of decisions
MIGRATION: ‘safe third countries’ - European Parliament rapporteur encourages EU-level agreements and abolishes suspensive effect of appeals
DIGITAL: data protection: EDPS publishes new guidelines for use of generative AI in European institutions
EXTERNAL ACTION
CAMEROON: re-election of President Biya - EU calls on authorities to guarantee security of all political actors
MERCOSUR : EU due to sign trade agreement with Mercosur on 20 December in Brazil
SECURITY - DEFENCE - SPACE
SPACE: ESA and EU aim to strengthen European resilience through space
SECURITY/DEFENCE: EU condemns balloon attack on Lithuania
ECONOMY - FINANCE - BUSINESS
ROMANIA: European Commission urges Bucharest to respect its fiscal commitments for its “credibility” on financial markets
STATE AID: green light for Estonian emergency power reserve scheme
INSTITUTIONAL
FUTURE OF THE EU: European liberals warn that Europe must become “superpower” or it will sink into insignificance
SOCIAL AFFAIRS
SOCIAL/EMPLOYMENT: 75% of Europeans recognise social economy’s role “for society’s well-being”, according to new Eurobarometer
NEWS BRIEFS
STATE AID: French scheme to reimburse supplementary pension contributions in rail freight sector is approved
ENERGY: imminent wave of LNG production capacity set to transform market dynamics, according to IEA
COMPANIES: Ekaterina Zaharieva brings together private investors for future Scaleup Europe Fund
ENVIRONMENT : EU organisations call for stronger enforcement of pesticide legislation
LEBANON: EU condemns Israeli attack on UNIFIL
SUDAN: “nightmare in El Fasher is reaching its peak”, laments European Commissioner Hadja Lahbib
UKRAINE: new provisions of EU-Ukraine trade agreement come into force