Forty-seven heads of state and government are expected in Moldova's capital today for the second European Political Community summit, originally an idea of Emmanuel Macron. The new format is also an anti-Putin summit. Whether that will suffice as a bracket, in the long run, remains to be seen.
By Stephan Israel
The representatives of the EU and the USA showed demonstrative unity at the press conference at the end of the Trade and Technology Council (TTC). There was convergence not only on the issue of dealing with China. Important decisions were also made on electromobility and AI.
By Till Hoppe
A European citizens' initiative calls for the general abolition of animal testing. Following a hearing in Parliament, the EU Commission must now react. Science organizations warn of severe consequences for biomedical research.
By Markus Weisskopf
On June 7, the Commission will present its package for the defense of democracy, including a directive on foreign influence. NGOs fear a law along the lines of the American Foreign Agent Act. The Commission is not united behind the plan either – but the Commission president is pushing ahead.
By Charlotte Wirth
The market for ESG ratings has not yet been regulated. This leads to confusion among small investors and conflicts of interest among rating agencies, criticizes the NGO Finance Watch. In an interview with Leonie Düngefeld, chief economist Thierry Philipponnat calls for a more transparent structure of ratings.
By Leonie Düngefeld
The Trade and Technology Council (TTC) between the EU and the USA is supposed to fix what laws like the IRA have damaged. But the major business associations have so far lacked tangible results – the upcoming fourth meeting is therefore a "critical milestone".
By Corinna Visser
Relations with Turkey are at a low point. President Erdoğan's re-election is unlikely to change much for the time being – despite many fine words from Brussels. Only EPP leader Weber speaks plainly.
By Eric Bonse
It's getting tight around the due diligence report by Lara Wolters, which will be voted on in plenary on Thursday. The EPP will possibly vote against the report. Their reason: Companies should not have to struggle with further administrative hurdles.
By Charlotte Wirth
Taiwan's chip giant TSMC is now almost certain to build a factory in Dresden. The government considers the strategic security of the supply chain to be of enormous value and is offering substantial subsidies. The catch: The technology that Germany is attracting with a lot of money is outdated.
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The EU wants to prevent highly subsidized state-owned companies, for example from China, from buying up competitors or snatching up public contracts. But Europe's industry is now up in arms over the implementation of the new rules – it fears that the reporting obligations will get out of hand. The Commission will likely amend the regulations now.
By Till Hoppe
