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Image header Agence Europe
Europe Daily Bulletin No. 13789
Contents Publication in full By article 5 / 23
ECONOMY - FINANCE - BUSINESS / Ecofin

Transatlantic trade tensions, Finland’s excessive deficit and macroeconomic imbalances on European finance ministers’ agenda

On Tuesday 20 January, the EU’s finance ministers are due to discuss Europe’s response to the new trade threats made by US President Donald Trump against European countries that have sent troops to Greenland, although the subject is not officially on the agenda for the first Ecofin Council meeting under the Cyprus Presidency (see EUROPE B13789A1).

The possibility that some ministers will “refer” to the renewed transatlantic tensions over breakfast cannot be ruled out, said a...

Contents

BEACONS
Beacons: United in face of adversity
SECURITY - DEFENCE
GREENLAND/UNITED STATES: EU prepares for trade countermeasures
ECONOMY - FINANCE - BUSINESS
ECB: Eurogroup elects Croatian Boris Vujčić as Vice-President of Frankfurt-based monetary institute
ECONOMY: Lars Klingbeil and Roland Lescure put forward Franco-German measures to strengthen EU’s economic sovereignty
ECOFIN: transatlantic trade tensions, Finland’s excessive deficit and macroeconomic imbalances on European finance ministers’ agenda
SECTORAL POLICIES
COMPETITIVENESS: clean technology manufacturing in EU and reindustrialisation - European Commission puts forward initial requirements for local content and labour
COMPETITIVENESS: EU Critical Raw Materials Act - over 160 applications received for second call for ‘strategic projects’
INDUSTRY/CIRCULAR ECONOMY: raw materials and recycling - EU27 invited to consider export restrictions other than those on permanent magnets
TRANSPORT: 2030 target for completing core network will not be met, warns EU’s Court of Auditors
DIGITAL: 54 MEPs call for European social media as an alternative to X and Elon Musk
HOME AFFAIRS: three months after its launch, ‘Entry/Exit System’ has recorded almost 20 million crossings of EU’s external borders
AGRICULTURE: EU ministers due to discuss post-2027 CAP budget on 26 January
SEA: European Commission seeks feedback on ocean observation initiative
EXTERNAL ACTION
MERCOSUR: EU-Mercosur partners welcome signing of historic agreement
SOCIAL AFFAIRS - EMPLOYMENT
EMPLOYMENT: European Commission is asked to clarify its intentions regarding new action plan to implement European Pillar of Social Rights
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
DEMOCRACY: EU European Affairs Ministers to discuss implementation of European Democracy Shield
FUNDAMENTAL RIGHTS: Bridge EU denounces poor application of legal standards in use of European funds
NEWS BRIEFS
HOME AFFAIRS: European Commission asks public about creation of a “Critical Communication System” to connect Europe’s emergency services
ECONOMY: euro area inflation confirmed at 2.0% in December 2025
TAXATION: Fiji joins OECD’s Multilateral Convention to tackle tax evasion and avoidance
JUSTICE: European Public Prosecutor’s Office investigates suspected fraud in a tourism project in French Guiana supported by ERDF
DIGITAL: EPP and Renew Europe take over task of simplifying AI Act
MIDDLE EAST: EU invited to join Peace Council