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Competitiveness - Page 4

EU pitches massive energy spending boost in long-term budget

BRUSSELS — The European Commission wants to funnel billions more into energy infrastructure as part of the EU’s next long-term budget. Energy ventures would see a significant increase in funds under the

Is €1.2T enough to save Europe?

BRUSSELS — Mario Draghi, Italy’s former prime minister, was enjoying his retirement when the phone rang. It was September 2023, and Ursula von der Leyen’s office wanted to know if he might

The next EU budget cannot be business as usual

Ulf Kristersson is the prime Minister of Sweden. The next long-term EU budget will be negotiated during the most challenging and defining moment for the continent since the end of the Cold

Two visions of European finance clash at elite Italian banking gathering

MILAN — On a Friday morning under the boiling Lombard sun, the old men of Italian banking descended on the country’s financial capital to bask in their industry’s astonishing recent run of

Brussels backs off from big farm shake-up. Cuts are coming anyway.

BRUSSELS — Faced with a €30 billion-a-year repayment bill from Covid-era borrowing, the European Commission briefly considered the unthinkable — tapping into the EU’s most sacred cow, farm subsidies. For a few

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