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Yuriko Backes - Finanzministerin Luxemburg

Yuriko Backes: 'Quality takes precedence over speed'

In the fall, negotiations on the Growth and Stability Pact will enter the decisive round, and the current exemption rules will expire at the end of the year. Luxembourg Finance Minister Yuriko Backes is confident that the EU member states will be able to find compromises. However, it is important that they take the necessary time, she says in an interview with Christof Roche.

By Max Mustermann

Vestager: EIB to become more agile

Margrethe Vestager is currently traveling across Europe to campaign for her candidacy as the future President of the European Investment Bank (EIB). On Friday, the currently on-leave Vice-President of the European Commission was in Berlin. Her pitch: The EU's house bank must become faster and more willing to take risks.

By Till Hoppe

India-Europe: new trade corridor in response to China

A new trade route through the Emirates, Saudi Arabia and Israel aims to simplify the transportation of goods and renewable energy from India to Europe. The participating countries intend to counterbalance China's growing influence in the region. The USA and the EU also plan to invest in infrastructure in Africa.

By Till Hoppe

Industry committee sharpens Critical Raw Materials Act draft

The Industry Committee in the EU Parliament adopted the report on the Critical Raw Materials Act on Thursday. It strengthens requirements for circularity, sustainability and labor and human rights in relation to strategic raw material projects. The plenary is set to vote on the report next week.

By Leonie Düngefeld

G20 summit: search for compromise formula

Host Modi aims to pass a joint closing statement at the summit of the world's leading industrial and emerging economies over the weekend. However, differences, particularly regarding the Ukraine conflict, are significant. Other issues are becoming secondary.

By Till Hoppe

CO2 emissions from transports to be counted

With the Greening Freight Package, the Commission is proposing a legal framework for standardized counting of CO2 emissions in the transport sector. The Commission does not want to make participation mandatory for transport service providers. There is opposition to this – from the industry, of all places.

By Markus Grabitz

Soros Foundation: no all-clear in Brussels

George Soros' Open Society Foundation wants to withdraw from Europe – but not as extensively as initially announced. For the EU, however, even a partial withdrawal would be a problem. The European Parliament is now calling for more commitment to civil society.

By Eric Bonse

EU to strengthen circular economy for vehicles

The EU Commission is revising the End-of-Life Vehicles Directive and presented a draft in the summer. The focus is on greater use of recyclate and the handling of uncollected end-of-life vehicles. The public consultation will run until the end of October.

By Leonie Düngefeld