Table.Briefing: Europe (English)

Von der Leyen’s power play + Regulatory tsunami due to Green Deal + IPCEI in planning

Dear reader,

The 15th package of sanctions against Moscow is on the home straight, an agreement today in the circle of EU ambassadors is very possible. Rarely has the discussion about new punitive measures against Russia been so quiet.

In fact, the package is not very controversial, as no new sectors are being targeted this time. The focus is on the shadow fleets with which Moscow is trying to circumvent the G7 countries’ price cap for Russian oil. Oil is the lifeblood of the Putin regime and the shadow fleet of tankers is keeping it alive, warns President Volodymyr Zelenskiy.

The poorly maintained tankers without insurance also pose a serious risk to safety at sea and the environment, especially in the Baltic Sea. Surprisingly, the USA has so far sanctioned significantly more ships than the Europeans. The EU wants to follow suit and add 48 tankers to the sanctions list, which should significantly increase the cost of transporting oil for Russia.

The package also includes additional listings: A further 29 entities and 54 individuals are subject to account freezes or entry bans. For the first time, punitive measures were also taken against Chinese companies and citizens who supplied Russia with dual-use products for the arms industry. These include companies that are said to support Russia in the production of combat drones.

Following an agreement by EU ambassadors, the sanctions package could be formally adopted and put into force at the General Council in ten days. A next and more ambitious package with further punitive measures is to follow by the second anniversary of the Russian attack in February at the latest.

Your
Stephan Israel
Image of Stephan  Israel

Feature

Brussels power play: Von der Leyen wants to conclude Mercosur deal

The Commission President traveled to the Mercosur summit in Montevideo on Thursday to conclude negotiations on the free trade agreement. The finish line is in sight“, she wrote on X. Von der Leyen thus disregarded Macron’s explicit rejection. The Élysée Palace also reacted immediately via X and said that the French President had once again pointed out yesterday that the agreement was unacceptable in its current state.

But it’s not just the Élysée: The entire political spectrum in France rejects the Mercosur agreement, citing “unfair competition” from meat producers from Brazil and Argentina who are not subject to the EU’s environmental and health standards.

Von der Leyen exploits European power vacuum

At the end of October, the CDU politician had already put Chancellor Olaf Scholz in his place when she implemented tariffs on EVs from China against his opposition. Von der Leyen is filling the gap left by the domestic political paralysis of the two traditional leading powers in the EU. At the same time, however, she is taking a considerable risk. In Paris, the impression is that the Commission President is taking advantage of the power vacuum following the fall of Prime Minister Michel Barnier. This is likely to be grist to the mill for EU critic Marine Le Pen.

Brussels and Berlin are trying to counteract this impression. According to Berlin, the Mercosur summit at the beginning of December had long been targeted as the target date for the conclusion of the agreement before the government crisis in Paris came to a head. The German government is one of the biggest supporters of the free trade agreement, which would open up access to previously heavily protected markets in South America for Germany’s export-oriented industry.

Delay increases uncertainty

Nevertheless, von der Leyen risks shipwreck with her initiative in the Council of the EU states. “Ultimately, the member states will decide on this agreement,” an EU diplomat told Table.Briefings. In several countries, both right-wing and left-wing political forces are campaigning against the free trade deal. The issue is a good way to mobilize. The domestic political instability plays into their hands.

The arguments of the proponents are difficult to get through there: The agreement would bind the Latin American states, which are heavily courted by China, more closely to Europe in geopolitical terms. Only recently, the Chinese state-owned company Cosco opened the deep-water port of Chancay on the Peruvian Pacific coast. The agreement would be a welcome boost for the sluggish European industry and, measured by the volume of tariffs abolished (four billion euros), is by far the EU’s most important deal to date.

An additional uncertainty factor is the long wait until the Mercosur agreement will be voted on in the Council. According to the Commission, the process of “legal scrubbing” and translating the text of the agreement is likely to take up to six months. The member states will only vote once the text is available in its final and translated form. It is quite possible that the Council will not deal with the text until the second half of the year under the Danish Council Presidency.

Majority of member states positive

However, diplomatic circles are also sending out positive signals regarding the agreement with Mercosur. Yesterday, Thursday morning, the Commission’s trade chief, Sabine Weyand, informed the member states in the Council’s Trade Policy Committee about the current status of the negotiations. According to reports, there is a broad majority in the Council that supports the agreement in principle. However, the necessary qualified majority requires 15 member states representing at least 65 percent of the EU population.

In addition to France, Ireland, Austria, Belgium, Luxembourg, and Poland have so far spoken out more or less clearly against the agreement. No support can be expected from the Netherlands either, given the strong farmers’ movement in the government. Another shaky candidate is Italy, whose agriculture minister and foreign minister have expressed different views on the agreement. If all these governments oppose the agreement, a blocking minority would be reached.

However, diplomatic circles suggest that not all governments that are publicly skeptical are fundamentally opposed to the agreement. Poland’s resistance may also be linked to the presidential elections due to take place in May. As the first MFF negotiations are also due in 2025, some governments may also want to have their support for the Mercosur agreement bought in the budget negotiations.

Parliament does not vote for another year

If the Council approves the agreement, it must also be ratified by Parliament. In a reaction to von der Leyen’s announcement, the chairman of the trade committee, Bernd Lange (SPD), and the parliamentary rapporteur for Mercosur, Gabriel Matto (EPP), were extremely positive. “The abolition of 91% of tariffs would open up unprecedented opportunities for European companies,” said the Spaniard.

However, as this issue tends to polarize along national rather than party political lines, the statements made by the German Social Democrat and the Spanish Christian Democrat are unlikely to be very representative of the Parliament as a whole. During an appearance at the Trade Committee last Tuesday, Weyand had to listen to harsh criticism from French, Irish, and Belgian MEPs of all party affiliations.

Lange assumes that the vote in parliament will not take place for around a year if it comes to that. However, he told journalists on Tuesday that it is not yet clear whether parliament will approve the agreement.

  • Mercosur
Translation missing.

Green Deal: 900 implementation acts pending – industry warns of ‘tsunami’

The list is long, very long: The German Chemical Industry Association (VCI) has compiled almost 900 implementing acts in a table that the EU Commission still has to present in the coming years. These include around 650 delegated acts and implementing acts, as well as studies and reports by the authority. Most of them resulted from the Green Deal laws of the last legislative period.

“This wave of legislation is now turning into an implementation tsunami,” warns Pierre Gröning, head of the VCI office in Brussels. In recent months, many companies and trade associations have already criticized excessive regulation from Brussels and called for some relief. According to the Draghi report, the EU adopted around 13,000 pieces of legislation between 2019 and 2024. The number of ordinary laws, delegated acts, and implementing acts has increased significantly compared to the previous legislative period.

The Commission itself is still struggling for guidance. When asked, the authority was unable to provide its own list. A spokeswoman merely referred to the existing register. An examination of the VCI list on the basis of random samples of individual dossiers essentially confirmed the accuracy of the information.

‘Don’t simply wave through impractical proposals’

The chemical association’s list is already circulating in the European Parliament and is fueling the debate on how the burden of this secondary regulation can be reduced. It is “truly shocking” that not even the Commission knows the exact number of outstanding secondary legislation, criticizes Christian Ehler, EPP spokesperson on the Industry Committee. In order to penetrate this “jungle”, the European Parliament will use all opportunities for parliamentary scrutiny and not simply wave through impractical proposals.

The Christian Democrats are working on their own concepts to combat the growing bureaucratic burden, but these are not yet fully developed. Commission President Ursula von der Leyen has announced that she will present a so-called omnibus act. This is intended to reduce the burden of a series of different laws in one go. The exact content is still open but is aimed in particular at simplifying the reporting obligations arising from sustainability reporting. Sven Giegold, Green Party Vice-President and former State Secretary for Economic Affairs, warns against spreading the responsibilities for the omnibus act across several committees and Council formations. “If the Commission gets the omnibus legislation wrong, it will become non-negotiable.”

VCI calls for ‘Implementation Office’

The wave of delegated acts and implementing acts cannot simply be stopped: The laws adopted oblige the Commission to submit the subordinate acts.

Gröning is therefore calling for the competitiveness of the companies concerned and ease of implementation to be given priority when drafting subordinate legislation. “This would require an internal directive from the head of the Commission to all departments.” In addition, the Commission should create a kind of “Implementation Office” to coordinate the measures with an overall view, said the VCI representative. If the Commission itself does not have an overview, there is a risk of a lack of coherence.

The sheer volume of outstanding delegated acts and implementing acts is not the only problem. The details regulated therein in turn have a significant influence on the investment decisions of companies. This “technocratization of political decisions” is problematic, criticizes Ehler.

Batteries, hydrogen and CBAM provide industry

He cites the Commission’s draft legislation on the carbon footprint of batteries as an example. In the summer, the chemical industry was part of a broad alliance that sent an urgent letter to Minister for Economic Affairs Robert Habeck. The companies are particularly opposed to the Commission’s plan to calculate the CO2 footprint of batteries based on the CO2 intensity of the national electricity mix.

The delegated act for low-carbon hydrogen from natural gas or nuclear power is also about the future of the industry. “The methodology is crucial for all aspects of hydrogen: availability and production,” writes the VCI in its list. With the levers for calculating the CO2 intensity, the Commission can influence how many countries low-carbon hydrogen can come to Europe from, which influences prices. The Commission may not present the final version until August 2025, as was recently reported in Brussels. “There is still plenty of time for lobbying,” says one consultant.

Too fast a pace in the last legislature

In addition, the European Carbon Border Adjustment Mechanism (CBAM) is of particular concern to the industry. Many details on the implementation of the controversial instrument are still outstanding, including regulations on the:

  • prevention of border tax evasion
  • pricing of CBAM certificates
  • extension of the scope to other sectors
  • conversion of CO2 prices in third countries to CBAM certificate prices

In this legislative period, the Commission also wants to review whether the CBAM is suitable as protection against carbon leakage and how the mechanism affects export industries that no longer receive free emission allowances as a result of the introduction of the CBAM. The issue was already part of the legislative negotiations two years ago. However, the issue of “compensation for export products, an essential concern for the many export-dependent sectors, was simply pushed into the new legislative period”, criticizes the VCI.

According to the VCI, the main reason for the delayed legislation was the fast pace of the legislative machine in the previous mandate. “There was hardly any time to clarify the numerous detailed issues and resolve the enormous complexity of many projects.” These were therefore “pushed into an indefinite future”.

  • EVP
  • Industriepolitik
Translation missing.

EU-Monitoring

Dec. 9-10, 2024
Council of the EU: Agriculture and Fisheries
Topics: Policy debate on future opportunities for the bioeconomy, Exchange of views on a farmer-focused post-2027 Common Agricultural Policy (follow-up to the Council meeting of Oct. 21-22, 2024), Progress report on the regulation on a monitoring framework for resilient European forests. Draft Agenda

Dec. 9, 2024; 3.30-6.30 p.m.
Meeting of the Committee on Budgetary Control (CONT)
Topics: Establishing the Reform and Growth Facility for the Republic of Moldova, Discharge of the 2023 general budget. Draft Agenda

Dec. 9, 2024; 3-6 p.m.
Meeting of the Committee on the Human Rights (DROI)
Topics: A spotlight on Human Rights Defenders (enhancing the common agenda for protection). Draft Agenda

Dec. 9, 2024; 5 p.m.
Eurogroup
Topics: Macroeconomic developments and policy coordination in the euro area, including IMF Article IV mission to the euro area, Assessment of euro area Member States’ Draft Budgetary Plans and of the euro area budgetary situation and prospects. Draft Agenda

Dec. 10, 2024; 10 a.m.
Council of the EU: Economic and Financial Affairs
Topics: Progress report on the Customs Union reform package, Policy debate on the revision of the Energy Taxation Directive, Exchange of views on the economic and financial impact of Russia’s aggression against Ukraine. Draft Agenda

Dec. 11, 2024
Weekly Commission Meeting
Topics: Communication on countering hybrid threats and strengthening security at the EU’s external borders, Orientation debate on EU-US relations. Draft Agenda

Dec. 12-13, 2024
Council of the EU: Justice and Home Affairs
Topics: Progress report on the fight against drug trafficking and organised crime, Discussion on migration and asylum, Presentation by Poland on the work programme of the incoming Presidency. Draft Agenda

Dec. 12, 2024; 9 a.m.-3.15 p.m.
Joint Meeting of the Committee on Foreign Affairs (AFET) and of the Committee on Budgets (BUDG)
Topics: European Semester for economic policy coordination 2025, Study on “Recent inflation developments and the EU budget: Country-specific impacts”. Draft Agenda

Dec. 12, 2024; 9 a.m.-12.30 p.m.
Meeting of the Committee on Employment and Social Affairs (EMPL)
Topics: Establishing an EU talent pool, Commission Delegated Regulation on the subject of digital platform employment. Draft Agenda

Dec. 12, 2024; 9 a.m.-12.30 p.m.
Meeting of the Committee on Internal Market and Consumer Protection (IMCO)
Topics: Report on the working group on the implementation and enforcement of the Artificial Intelligence Act, Passenger rights in the context of multimodal journeys, European Defence Industry Programme and a framework of measures to ensure the timely availability and supply of defence products. Draft Agenda

Dec. 12, 2024; 9 a.m.-12.30 p.m.
Meeting of the Committee on Civil Liberties, Justice and Home Affairs (LIBE)
Topics: Interparliamentary committee meeting on the situation of the Rule of Law in the EU. Draft Agenda

Dec. 12, 2024; 9-10.30 a.m.
Joint Meeting of the Committee on Transport and Tourism (TRAN) and of the Committee on Agriculture and Rural Development (AGRI)
Topics: Protection of animals during transport and related operations. Draft Agenda

News

Automotive: German government pushes IPCEI funding program

Initial considerations are underway to set up an IPCEI funding program for the development of cars with CO2-free drives. The German government held initial talks on this at a meeting with the Commission a few days ago, reported Mark Nicklas, Head of Unit at the EU Commission’s DG Grow, at the Baden-Württemberg Economic Summit at the state representation in Brussels. mgr

  • IPCEI

EDIP partial agreement delayed further

The Hungarian Council Presidency is pushing to reach at least a partial agreement on the European Defense Industry Program. However, at the last minute on Thursday evening, EDIP was removed from the agenda of the Permanent Representatives Committee (Coreper) on Friday – for the second time this week. Nevertheless, there is still a chance of a breakthrough in the criteria for the distribution of funding. In a first step, France deviated from the maximum requirement of 100% “Made in Europe” for eligible projects. The compromise proposal stipulates that armaments with components worth up to 35% may come from outside the EU.

In a second step, Poland and the Netherlands had urged that licensed production should also benefit from EU funding. Poland has negotiated corresponding contracts with South Korea for the production of ammunition and battle tanks, while the Netherlands is likely to be involved in the licensed production of the Patriot air defense system. “We need to produce more ammunition and missiles for years to come,” warns an EU diplomat. EDIP is intended to “boost European arms production – also through products under license”.

The Hungarian Council Presidency originally wanted to submit a new compromise proposal before Coreper on Friday in order to put it to the vote afterwards. This will not happen after all. A qualified majority is sufficient for adoption.

France threatened with blockade

EDIP provides for €1.5 billion over the next two years to promote joint armaments projects and procurements. In view of the modest funds, the heated debate about the distribution criteria is surprising at first glance. However, the member states see EDIP as a precedent for the next multi-year budget period, when, as discussed, three-digit billion euro amounts could be available for joint defense industrial policy. The cake is therefore likely to get much bigger soon.

France recently threatened to block an agreement if the criteria were too flexible and the goal of European sovereignty did not remain a priority. The argument in Paris was that European taxpayers’ money could not be used to promote the procurement of armaments from third countries. One of the aims of EDIP is to reduce Europe’s dependency. Member states are to be encouraged to procure at least half of their military equipment within the EU by the end of the decade, instead of 80 percent from the USA or countries such as South Korea.

Northern and Eastern Europeans, on the other hand, are warning against rigid criteria for funding and fear that Donald Trump could see discrimination against US companies in the EDIP funding program as an unfriendly act right at the start of his term of office. sti

  • European Defense
  • Verteidigungspolitik

End of combustion engines in 2035: Ribera clearly against postponement

The new EU Competition Commissioner Teresa Ribera does not believe in repealing regulations that have already been decided. The Spaniard said in a Bloomberg interview that she is against postponing the EU’s plan to phase out the combustion engine in new cars by 2035. Nevertheless, Europe’s car manufacturers must maintain their share of the global market.

Trade measures alone are not enough to ensure that the EU remains a leader in clean technologies, added Ribera. Instead, additional investment is needed to “build successful new green champions and achieve the EU’s ambitious climate targets”. Additional public spending must also be considered for this, including a new round of joint borrowing, said the Commissioner. luk

  • Flottengrenzwerte

DSA: TikTok must secure data relating to elections

In connection with the ongoing elections in Romania, the Commission has intensified its monitoring of TikTok. In doing so, it is exercising its powers under the Digital Services Act (DSA). The monitoring does not relate to the electoral process. This is the sole responsibility of the Romanian authorities, as the Commission announced.

The Commission has instructed TikTok to store and retain data (retention order). This concerns data related to systemic risks that the service could pose to electoral processes and public discourse in the EU. The Commission’s aim is to secure available information and evidence in the event of a further investigation into Tiktok’s obligations in the DSA.

Romania ahead of second round of elections

The background to this is that the Supreme Defense Council (CSAT) in Romania made serious accusations against TikTok following the success of the pro-Russian right-wing radical Călin Georgescu in the presidential election. The platform had failed to identify him as a politician in the propaganda material he published there. Georgescu had mainly campaigned on TikTok. He came first in the first round of the presidential election. On Dec. 8, he will face the conservative-liberal politician Elena Lasconi in the run-off.

TikTok must retain internal documents and information relating to the design and functioning of its recommendation algorithms and take measures to minimize the risk of manipulation. TikTok must also secure documents and information on systematic violations of its own terms of use. These prohibit political election advertising on the platform.

This also applies to the Bundestag elections

The order applies to national elections in the EU between Nov. 24, 2024, and March 31, 2025, meaning that it will also apply to the Bundestag elections in Germany scheduled for Feb. 23.

The Commission has convened a meeting of the European Board for Digital Services Coordinators for today, Friday. It wants to discuss with the coordinators the steps taken so far and how to deal with new findings – such as indications of targeted activities against the Romanian diaspora. The Commission will also discuss the available evidence in the informal cyber crisis team. vis

  • Daten
  • Digital Services Act
  • Europäische Kommission
  • Tiktok

Driving license directive: Council clears the way for trilogue

The EU transport ministers have cleared the way for the trilogue with the general approach to the driving license directive. In the future, a driving ban imposed in a member state for a serious offense will also apply in the member state in which the driver in question obtained their driving license.

The provisions on regaining a driving license or reapplying for a license after losing it will also be harmonized across the EU. The different types of driving disqualifications in the member states have been redefined.

This means that the directive can also be implemented by member states in which the traffic offense would not be punished with a driving disqualification. Cases in which the total period of disqualification is less than three months or the period of disqualification is less than four weeks will not be forwarded. Information is exchanged between the member states via a secure digital format in the driving license network (RESPER). mgr

  • Europäischer Rat

Macron wants to introduce new prime minister soon – and rejects own resignation

Following the fall of the government in France, President Emmanuel Macron has announced that he will announce a successor to ousted head of government Michel Barnier in the coming days. He will task this person with “forming a government of general interest” that represents all political forces that are willing to participate or at least commit to not bringing it down with another vote of no confidence.

The most important task of the new head of government will be to pass the budget, the President explained in a TV address on Thursday evening. The new government would get it off the ground quickly at the beginning of the new year. This is important because of the urgent need for investment. A special law will be introduced in parliament by mid-December to bridge the gap until the overdue budget is passed.

No resignation as President

Macron called for a new era that must begin with new compromises. He rejects early parliamentary elections as well as a resignation as president.

Some now wanted to blame him for the situation, said Macron. But: “I will not take on the responsibility of others, especially not of parliamentarians who deliberately decided to bring down the budget and the French government just a few days before the Christmas holidays.”

The government had fallen “because the far right and the far left had united to form an anti-republican front”, said Macron. Referring to the former Socialist People’s Party, whose MPs also voted against the government, Macron said: “The forces that governed France yesterday have decided to help them.” dpa/rtr

  • Emmanuel Macron

Energy prices too high: Study shows four solutions

In a new essay, the think tank Bruegel reminds us of the value of European cooperation to make energy prices in the EU more competitive. Author Conall Heusaff outlines four ways to lower prices:

  • System integration: Better coordinated spot markets and an expansion of power lines between the member states – primarily in the North Sea. In order to identify priority expansion projects, Bruegel proposes supplementing the grid planning of the grid operators (ENTSO-E) with that of an independent institution. The BMWK has already commissioned an expert opinion on this proposal.
  • Coordination of investments: Cross-border tenders for renewable energies and reserve capacities. However, Heusaff writes that national and industry interests must be overcome to achieve this, “even if these investments are not cost-optimal”.
  • Consumer activation: In order to smooth out price peaks, consumption must be more closely aligned with supply. Heusaff supports a model by Tim Schittekatte, who has proposed “usage time-dependent” instead of dynamic real-time prices. Electricity prices do not vary every hour, but only two to three times a day to protect consumers from extreme price fluctuations.
  • Fair cost sharing: Changes to taxes and levies for certain user groups have the quickest effect. However, Bruegel does not have a magic formula for fair distribution either: “A fair distribution of energy costs will remain a constant challenge throughout the energy transition.” ber
  • Strompreis

Anti-deforestation ordinance: Postponement late, but reasonable

Reactions from authorities, companies, and civil society to the postponement of the EU regulation for deforestation-free supply chains (EUDR), which was decided this week in Brussels, have been largely positive. “The postponement by one year allows us to prepare even better,” said Annerose Lichtenstein at a Table.Briefings event. She is head of “deforestation-free products” at the Federal Office for Agriculture and Food (BLE), which will review the application of the EUDR. The authority would have been ready to go, said Lichtenstein, but the postponement until the end of 2025 means that it can be more accommodating to affected companies, for example in terms of IT applications.

‘Damages the credibility of EU sustainability regulation

Johanna von Stechow, Director of Corporate Responsibility at Tchibo, criticized the “absurdly late postponement”: The last formal vote in Brussels will only take place in the last calendar week. “If rules are postponed one day before they come into force, it damages the credibility of European sustainability regulation,” she said at the event.

According to von Stechow, if the postponement had been announced six months earlier, planning could have been more relaxed, and other issues would not have had to be neglected. Tchibo had “invested an incredible amount of project management capacity and financial resources in the issue“. Nevertheless, the postponement made sense, for example because many coffee farmers were not yet ready and would have been excluded from the EU market at this point in time.

Secondly, the government now has time to work with the producing countries on forest protection and to invest. “Forest protection is not just a task for companies and their suppliers, but must also be supported and financed by the state.”

‘Reasonable compromise

Steffen Kemper, Project Manager at the Global Nature Fund, described the postponement as a “reasonable compromise”. Some companies were already prepared at an early stage, but for many others, there were huge questions of understanding and ambiguities. “Fortunately, there are no changes to the content and no dilution. All sides now have the necessary time to implement and enforce the regulation sensibly in the end,” he said. leo

  • Ernährung
  • Lieferketten

Dessert

Vestager’s elephants

Margrethe Vestager was EU Competition Commissioner in the last legislature.

Finally, she made her way home by car. On Nov. 30, Margrethe Vestager drove from Brussels to Copenhagen after ten years as Europe’s top competition watchdog. There may not be much of her style of competition policy left in Brussels in the coming years. Vestager insisted on healthy competition between companies. Commission President Ursula von der Leyen, on the other hand, is likely to focus more on dirigisme and active industrial policy in the future.

However, one of Vestager’s legacies will remain at the headquarters of the EU Commission: knitted elephants. According to Vestager herself, she has made over 200 of them over the years. She started because she found knitting socks boring. By chance, she found a pattern for the four-legged friends, which she stuck to. Only the colors varied, depending on the wool. It takes Vestager eight to nine hours to complete an animal with its large ears.

The Dane knew how to cleverly market her hobby over the years, occasionally showing off a freshly knitted item on social media. She also gave journalists her knitting when they asked her about her hobby. Knitting is good for concentration, Vestager told them. And of course, she had a narrative ready as to why she knits elephants of all things. They are very social creatures and the females are in charge of their herds.

Vestager presented her closest employees with a woolen elephant when they got married, had a child, or changed jobs. Von der Leyen’s grandchildren also received a homemade gift from her. Even more interesting, however, is who didn’t get an elephant: Thierry Breton, the French digital commissioner who, before his abrupt departure in September, never missed an opportunity to show that he considered himself the most important contact for US tech companies in Brussels. Breton simply never asked for an elephant, says Vestager. Like elephants, she has a very good memory. Silke Wettach

Europe.Table Editorial Team

EUROPE.TABLE EDITORIAL OFFICE

Licenses:
    Dear reader,

    The 15th package of sanctions against Moscow is on the home straight, an agreement today in the circle of EU ambassadors is very possible. Rarely has the discussion about new punitive measures against Russia been so quiet.

    In fact, the package is not very controversial, as no new sectors are being targeted this time. The focus is on the shadow fleets with which Moscow is trying to circumvent the G7 countries’ price cap for Russian oil. Oil is the lifeblood of the Putin regime and the shadow fleet of tankers is keeping it alive, warns President Volodymyr Zelenskiy.

    The poorly maintained tankers without insurance also pose a serious risk to safety at sea and the environment, especially in the Baltic Sea. Surprisingly, the USA has so far sanctioned significantly more ships than the Europeans. The EU wants to follow suit and add 48 tankers to the sanctions list, which should significantly increase the cost of transporting oil for Russia.

    The package also includes additional listings: A further 29 entities and 54 individuals are subject to account freezes or entry bans. For the first time, punitive measures were also taken against Chinese companies and citizens who supplied Russia with dual-use products for the arms industry. These include companies that are said to support Russia in the production of combat drones.

    Following an agreement by EU ambassadors, the sanctions package could be formally adopted and put into force at the General Council in ten days. A next and more ambitious package with further punitive measures is to follow by the second anniversary of the Russian attack in February at the latest.

    Your
    Stephan Israel
    Image of Stephan  Israel

    Feature

    Brussels power play: Von der Leyen wants to conclude Mercosur deal

    The Commission President traveled to the Mercosur summit in Montevideo on Thursday to conclude negotiations on the free trade agreement. The finish line is in sight“, she wrote on X. Von der Leyen thus disregarded Macron’s explicit rejection. The Élysée Palace also reacted immediately via X and said that the French President had once again pointed out yesterday that the agreement was unacceptable in its current state.

    But it’s not just the Élysée: The entire political spectrum in France rejects the Mercosur agreement, citing “unfair competition” from meat producers from Brazil and Argentina who are not subject to the EU’s environmental and health standards.

    Von der Leyen exploits European power vacuum

    At the end of October, the CDU politician had already put Chancellor Olaf Scholz in his place when she implemented tariffs on EVs from China against his opposition. Von der Leyen is filling the gap left by the domestic political paralysis of the two traditional leading powers in the EU. At the same time, however, she is taking a considerable risk. In Paris, the impression is that the Commission President is taking advantage of the power vacuum following the fall of Prime Minister Michel Barnier. This is likely to be grist to the mill for EU critic Marine Le Pen.

    Brussels and Berlin are trying to counteract this impression. According to Berlin, the Mercosur summit at the beginning of December had long been targeted as the target date for the conclusion of the agreement before the government crisis in Paris came to a head. The German government is one of the biggest supporters of the free trade agreement, which would open up access to previously heavily protected markets in South America for Germany’s export-oriented industry.

    Delay increases uncertainty

    Nevertheless, von der Leyen risks shipwreck with her initiative in the Council of the EU states. “Ultimately, the member states will decide on this agreement,” an EU diplomat told Table.Briefings. In several countries, both right-wing and left-wing political forces are campaigning against the free trade deal. The issue is a good way to mobilize. The domestic political instability plays into their hands.

    The arguments of the proponents are difficult to get through there: The agreement would bind the Latin American states, which are heavily courted by China, more closely to Europe in geopolitical terms. Only recently, the Chinese state-owned company Cosco opened the deep-water port of Chancay on the Peruvian Pacific coast. The agreement would be a welcome boost for the sluggish European industry and, measured by the volume of tariffs abolished (four billion euros), is by far the EU’s most important deal to date.

    An additional uncertainty factor is the long wait until the Mercosur agreement will be voted on in the Council. According to the Commission, the process of “legal scrubbing” and translating the text of the agreement is likely to take up to six months. The member states will only vote once the text is available in its final and translated form. It is quite possible that the Council will not deal with the text until the second half of the year under the Danish Council Presidency.

    Majority of member states positive

    However, diplomatic circles are also sending out positive signals regarding the agreement with Mercosur. Yesterday, Thursday morning, the Commission’s trade chief, Sabine Weyand, informed the member states in the Council’s Trade Policy Committee about the current status of the negotiations. According to reports, there is a broad majority in the Council that supports the agreement in principle. However, the necessary qualified majority requires 15 member states representing at least 65 percent of the EU population.

    In addition to France, Ireland, Austria, Belgium, Luxembourg, and Poland have so far spoken out more or less clearly against the agreement. No support can be expected from the Netherlands either, given the strong farmers’ movement in the government. Another shaky candidate is Italy, whose agriculture minister and foreign minister have expressed different views on the agreement. If all these governments oppose the agreement, a blocking minority would be reached.

    However, diplomatic circles suggest that not all governments that are publicly skeptical are fundamentally opposed to the agreement. Poland’s resistance may also be linked to the presidential elections due to take place in May. As the first MFF negotiations are also due in 2025, some governments may also want to have their support for the Mercosur agreement bought in the budget negotiations.

    Parliament does not vote for another year

    If the Council approves the agreement, it must also be ratified by Parliament. In a reaction to von der Leyen’s announcement, the chairman of the trade committee, Bernd Lange (SPD), and the parliamentary rapporteur for Mercosur, Gabriel Matto (EPP), were extremely positive. “The abolition of 91% of tariffs would open up unprecedented opportunities for European companies,” said the Spaniard.

    However, as this issue tends to polarize along national rather than party political lines, the statements made by the German Social Democrat and the Spanish Christian Democrat are unlikely to be very representative of the Parliament as a whole. During an appearance at the Trade Committee last Tuesday, Weyand had to listen to harsh criticism from French, Irish, and Belgian MEPs of all party affiliations.

    Lange assumes that the vote in parliament will not take place for around a year if it comes to that. However, he told journalists on Tuesday that it is not yet clear whether parliament will approve the agreement.

    • Mercosur
    Translation missing.

    Green Deal: 900 implementation acts pending – industry warns of ‘tsunami’

    The list is long, very long: The German Chemical Industry Association (VCI) has compiled almost 900 implementing acts in a table that the EU Commission still has to present in the coming years. These include around 650 delegated acts and implementing acts, as well as studies and reports by the authority. Most of them resulted from the Green Deal laws of the last legislative period.

    “This wave of legislation is now turning into an implementation tsunami,” warns Pierre Gröning, head of the VCI office in Brussels. In recent months, many companies and trade associations have already criticized excessive regulation from Brussels and called for some relief. According to the Draghi report, the EU adopted around 13,000 pieces of legislation between 2019 and 2024. The number of ordinary laws, delegated acts, and implementing acts has increased significantly compared to the previous legislative period.

    The Commission itself is still struggling for guidance. When asked, the authority was unable to provide its own list. A spokeswoman merely referred to the existing register. An examination of the VCI list on the basis of random samples of individual dossiers essentially confirmed the accuracy of the information.

    ‘Don’t simply wave through impractical proposals’

    The chemical association’s list is already circulating in the European Parliament and is fueling the debate on how the burden of this secondary regulation can be reduced. It is “truly shocking” that not even the Commission knows the exact number of outstanding secondary legislation, criticizes Christian Ehler, EPP spokesperson on the Industry Committee. In order to penetrate this “jungle”, the European Parliament will use all opportunities for parliamentary scrutiny and not simply wave through impractical proposals.

    The Christian Democrats are working on their own concepts to combat the growing bureaucratic burden, but these are not yet fully developed. Commission President Ursula von der Leyen has announced that she will present a so-called omnibus act. This is intended to reduce the burden of a series of different laws in one go. The exact content is still open but is aimed in particular at simplifying the reporting obligations arising from sustainability reporting. Sven Giegold, Green Party Vice-President and former State Secretary for Economic Affairs, warns against spreading the responsibilities for the omnibus act across several committees and Council formations. “If the Commission gets the omnibus legislation wrong, it will become non-negotiable.”

    VCI calls for ‘Implementation Office’

    The wave of delegated acts and implementing acts cannot simply be stopped: The laws adopted oblige the Commission to submit the subordinate acts.

    Gröning is therefore calling for the competitiveness of the companies concerned and ease of implementation to be given priority when drafting subordinate legislation. “This would require an internal directive from the head of the Commission to all departments.” In addition, the Commission should create a kind of “Implementation Office” to coordinate the measures with an overall view, said the VCI representative. If the Commission itself does not have an overview, there is a risk of a lack of coherence.

    The sheer volume of outstanding delegated acts and implementing acts is not the only problem. The details regulated therein in turn have a significant influence on the investment decisions of companies. This “technocratization of political decisions” is problematic, criticizes Ehler.

    Batteries, hydrogen and CBAM provide industry

    He cites the Commission’s draft legislation on the carbon footprint of batteries as an example. In the summer, the chemical industry was part of a broad alliance that sent an urgent letter to Minister for Economic Affairs Robert Habeck. The companies are particularly opposed to the Commission’s plan to calculate the CO2 footprint of batteries based on the CO2 intensity of the national electricity mix.

    The delegated act for low-carbon hydrogen from natural gas or nuclear power is also about the future of the industry. “The methodology is crucial for all aspects of hydrogen: availability and production,” writes the VCI in its list. With the levers for calculating the CO2 intensity, the Commission can influence how many countries low-carbon hydrogen can come to Europe from, which influences prices. The Commission may not present the final version until August 2025, as was recently reported in Brussels. “There is still plenty of time for lobbying,” says one consultant.

    Too fast a pace in the last legislature

    In addition, the European Carbon Border Adjustment Mechanism (CBAM) is of particular concern to the industry. Many details on the implementation of the controversial instrument are still outstanding, including regulations on the:

    • prevention of border tax evasion
    • pricing of CBAM certificates
    • extension of the scope to other sectors
    • conversion of CO2 prices in third countries to CBAM certificate prices

    In this legislative period, the Commission also wants to review whether the CBAM is suitable as protection against carbon leakage and how the mechanism affects export industries that no longer receive free emission allowances as a result of the introduction of the CBAM. The issue was already part of the legislative negotiations two years ago. However, the issue of “compensation for export products, an essential concern for the many export-dependent sectors, was simply pushed into the new legislative period”, criticizes the VCI.

    According to the VCI, the main reason for the delayed legislation was the fast pace of the legislative machine in the previous mandate. “There was hardly any time to clarify the numerous detailed issues and resolve the enormous complexity of many projects.” These were therefore “pushed into an indefinite future”.

    • EVP
    • Industriepolitik
    Translation missing.

    EU-Monitoring

    Dec. 9-10, 2024
    Council of the EU: Agriculture and Fisheries
    Topics: Policy debate on future opportunities for the bioeconomy, Exchange of views on a farmer-focused post-2027 Common Agricultural Policy (follow-up to the Council meeting of Oct. 21-22, 2024), Progress report on the regulation on a monitoring framework for resilient European forests. Draft Agenda

    Dec. 9, 2024; 3.30-6.30 p.m.
    Meeting of the Committee on Budgetary Control (CONT)
    Topics: Establishing the Reform and Growth Facility for the Republic of Moldova, Discharge of the 2023 general budget. Draft Agenda

    Dec. 9, 2024; 3-6 p.m.
    Meeting of the Committee on the Human Rights (DROI)
    Topics: A spotlight on Human Rights Defenders (enhancing the common agenda for protection). Draft Agenda

    Dec. 9, 2024; 5 p.m.
    Eurogroup
    Topics: Macroeconomic developments and policy coordination in the euro area, including IMF Article IV mission to the euro area, Assessment of euro area Member States’ Draft Budgetary Plans and of the euro area budgetary situation and prospects. Draft Agenda

    Dec. 10, 2024; 10 a.m.
    Council of the EU: Economic and Financial Affairs
    Topics: Progress report on the Customs Union reform package, Policy debate on the revision of the Energy Taxation Directive, Exchange of views on the economic and financial impact of Russia’s aggression against Ukraine. Draft Agenda

    Dec. 11, 2024
    Weekly Commission Meeting
    Topics: Communication on countering hybrid threats and strengthening security at the EU’s external borders, Orientation debate on EU-US relations. Draft Agenda

    Dec. 12-13, 2024
    Council of the EU: Justice and Home Affairs
    Topics: Progress report on the fight against drug trafficking and organised crime, Discussion on migration and asylum, Presentation by Poland on the work programme of the incoming Presidency. Draft Agenda

    Dec. 12, 2024; 9 a.m.-3.15 p.m.
    Joint Meeting of the Committee on Foreign Affairs (AFET) and of the Committee on Budgets (BUDG)
    Topics: European Semester for economic policy coordination 2025, Study on “Recent inflation developments and the EU budget: Country-specific impacts”. Draft Agenda

    Dec. 12, 2024; 9 a.m.-12.30 p.m.
    Meeting of the Committee on Employment and Social Affairs (EMPL)
    Topics: Establishing an EU talent pool, Commission Delegated Regulation on the subject of digital platform employment. Draft Agenda

    Dec. 12, 2024; 9 a.m.-12.30 p.m.
    Meeting of the Committee on Internal Market and Consumer Protection (IMCO)
    Topics: Report on the working group on the implementation and enforcement of the Artificial Intelligence Act, Passenger rights in the context of multimodal journeys, European Defence Industry Programme and a framework of measures to ensure the timely availability and supply of defence products. Draft Agenda

    Dec. 12, 2024; 9 a.m.-12.30 p.m.
    Meeting of the Committee on Civil Liberties, Justice and Home Affairs (LIBE)
    Topics: Interparliamentary committee meeting on the situation of the Rule of Law in the EU. Draft Agenda

    Dec. 12, 2024; 9-10.30 a.m.
    Joint Meeting of the Committee on Transport and Tourism (TRAN) and of the Committee on Agriculture and Rural Development (AGRI)
    Topics: Protection of animals during transport and related operations. Draft Agenda

    News

    Automotive: German government pushes IPCEI funding program

    Initial considerations are underway to set up an IPCEI funding program for the development of cars with CO2-free drives. The German government held initial talks on this at a meeting with the Commission a few days ago, reported Mark Nicklas, Head of Unit at the EU Commission’s DG Grow, at the Baden-Württemberg Economic Summit at the state representation in Brussels. mgr

    • IPCEI

    EDIP partial agreement delayed further

    The Hungarian Council Presidency is pushing to reach at least a partial agreement on the European Defense Industry Program. However, at the last minute on Thursday evening, EDIP was removed from the agenda of the Permanent Representatives Committee (Coreper) on Friday – for the second time this week. Nevertheless, there is still a chance of a breakthrough in the criteria for the distribution of funding. In a first step, France deviated from the maximum requirement of 100% “Made in Europe” for eligible projects. The compromise proposal stipulates that armaments with components worth up to 35% may come from outside the EU.

    In a second step, Poland and the Netherlands had urged that licensed production should also benefit from EU funding. Poland has negotiated corresponding contracts with South Korea for the production of ammunition and battle tanks, while the Netherlands is likely to be involved in the licensed production of the Patriot air defense system. “We need to produce more ammunition and missiles for years to come,” warns an EU diplomat. EDIP is intended to “boost European arms production – also through products under license”.

    The Hungarian Council Presidency originally wanted to submit a new compromise proposal before Coreper on Friday in order to put it to the vote afterwards. This will not happen after all. A qualified majority is sufficient for adoption.

    France threatened with blockade

    EDIP provides for €1.5 billion over the next two years to promote joint armaments projects and procurements. In view of the modest funds, the heated debate about the distribution criteria is surprising at first glance. However, the member states see EDIP as a precedent for the next multi-year budget period, when, as discussed, three-digit billion euro amounts could be available for joint defense industrial policy. The cake is therefore likely to get much bigger soon.

    France recently threatened to block an agreement if the criteria were too flexible and the goal of European sovereignty did not remain a priority. The argument in Paris was that European taxpayers’ money could not be used to promote the procurement of armaments from third countries. One of the aims of EDIP is to reduce Europe’s dependency. Member states are to be encouraged to procure at least half of their military equipment within the EU by the end of the decade, instead of 80 percent from the USA or countries such as South Korea.

    Northern and Eastern Europeans, on the other hand, are warning against rigid criteria for funding and fear that Donald Trump could see discrimination against US companies in the EDIP funding program as an unfriendly act right at the start of his term of office. sti

    • European Defense
    • Verteidigungspolitik

    End of combustion engines in 2035: Ribera clearly against postponement

    The new EU Competition Commissioner Teresa Ribera does not believe in repealing regulations that have already been decided. The Spaniard said in a Bloomberg interview that she is against postponing the EU’s plan to phase out the combustion engine in new cars by 2035. Nevertheless, Europe’s car manufacturers must maintain their share of the global market.

    Trade measures alone are not enough to ensure that the EU remains a leader in clean technologies, added Ribera. Instead, additional investment is needed to “build successful new green champions and achieve the EU’s ambitious climate targets”. Additional public spending must also be considered for this, including a new round of joint borrowing, said the Commissioner. luk

    • Flottengrenzwerte

    DSA: TikTok must secure data relating to elections

    In connection with the ongoing elections in Romania, the Commission has intensified its monitoring of TikTok. In doing so, it is exercising its powers under the Digital Services Act (DSA). The monitoring does not relate to the electoral process. This is the sole responsibility of the Romanian authorities, as the Commission announced.

    The Commission has instructed TikTok to store and retain data (retention order). This concerns data related to systemic risks that the service could pose to electoral processes and public discourse in the EU. The Commission’s aim is to secure available information and evidence in the event of a further investigation into Tiktok’s obligations in the DSA.

    Romania ahead of second round of elections

    The background to this is that the Supreme Defense Council (CSAT) in Romania made serious accusations against TikTok following the success of the pro-Russian right-wing radical Călin Georgescu in the presidential election. The platform had failed to identify him as a politician in the propaganda material he published there. Georgescu had mainly campaigned on TikTok. He came first in the first round of the presidential election. On Dec. 8, he will face the conservative-liberal politician Elena Lasconi in the run-off.

    TikTok must retain internal documents and information relating to the design and functioning of its recommendation algorithms and take measures to minimize the risk of manipulation. TikTok must also secure documents and information on systematic violations of its own terms of use. These prohibit political election advertising on the platform.

    This also applies to the Bundestag elections

    The order applies to national elections in the EU between Nov. 24, 2024, and March 31, 2025, meaning that it will also apply to the Bundestag elections in Germany scheduled for Feb. 23.

    The Commission has convened a meeting of the European Board for Digital Services Coordinators for today, Friday. It wants to discuss with the coordinators the steps taken so far and how to deal with new findings – such as indications of targeted activities against the Romanian diaspora. The Commission will also discuss the available evidence in the informal cyber crisis team. vis

    • Daten
    • Digital Services Act
    • Europäische Kommission
    • Tiktok

    Driving license directive: Council clears the way for trilogue

    The EU transport ministers have cleared the way for the trilogue with the general approach to the driving license directive. In the future, a driving ban imposed in a member state for a serious offense will also apply in the member state in which the driver in question obtained their driving license.

    The provisions on regaining a driving license or reapplying for a license after losing it will also be harmonized across the EU. The different types of driving disqualifications in the member states have been redefined.

    This means that the directive can also be implemented by member states in which the traffic offense would not be punished with a driving disqualification. Cases in which the total period of disqualification is less than three months or the period of disqualification is less than four weeks will not be forwarded. Information is exchanged between the member states via a secure digital format in the driving license network (RESPER). mgr

    • Europäischer Rat

    Macron wants to introduce new prime minister soon – and rejects own resignation

    Following the fall of the government in France, President Emmanuel Macron has announced that he will announce a successor to ousted head of government Michel Barnier in the coming days. He will task this person with “forming a government of general interest” that represents all political forces that are willing to participate or at least commit to not bringing it down with another vote of no confidence.

    The most important task of the new head of government will be to pass the budget, the President explained in a TV address on Thursday evening. The new government would get it off the ground quickly at the beginning of the new year. This is important because of the urgent need for investment. A special law will be introduced in parliament by mid-December to bridge the gap until the overdue budget is passed.

    No resignation as President

    Macron called for a new era that must begin with new compromises. He rejects early parliamentary elections as well as a resignation as president.

    Some now wanted to blame him for the situation, said Macron. But: “I will not take on the responsibility of others, especially not of parliamentarians who deliberately decided to bring down the budget and the French government just a few days before the Christmas holidays.”

    The government had fallen “because the far right and the far left had united to form an anti-republican front”, said Macron. Referring to the former Socialist People’s Party, whose MPs also voted against the government, Macron said: “The forces that governed France yesterday have decided to help them.” dpa/rtr

    • Emmanuel Macron

    Energy prices too high: Study shows four solutions

    In a new essay, the think tank Bruegel reminds us of the value of European cooperation to make energy prices in the EU more competitive. Author Conall Heusaff outlines four ways to lower prices:

    • System integration: Better coordinated spot markets and an expansion of power lines between the member states – primarily in the North Sea. In order to identify priority expansion projects, Bruegel proposes supplementing the grid planning of the grid operators (ENTSO-E) with that of an independent institution. The BMWK has already commissioned an expert opinion on this proposal.
    • Coordination of investments: Cross-border tenders for renewable energies and reserve capacities. However, Heusaff writes that national and industry interests must be overcome to achieve this, “even if these investments are not cost-optimal”.
    • Consumer activation: In order to smooth out price peaks, consumption must be more closely aligned with supply. Heusaff supports a model by Tim Schittekatte, who has proposed “usage time-dependent” instead of dynamic real-time prices. Electricity prices do not vary every hour, but only two to three times a day to protect consumers from extreme price fluctuations.
    • Fair cost sharing: Changes to taxes and levies for certain user groups have the quickest effect. However, Bruegel does not have a magic formula for fair distribution either: “A fair distribution of energy costs will remain a constant challenge throughout the energy transition.” ber
    • Strompreis

    Anti-deforestation ordinance: Postponement late, but reasonable

    Reactions from authorities, companies, and civil society to the postponement of the EU regulation for deforestation-free supply chains (EUDR), which was decided this week in Brussels, have been largely positive. “The postponement by one year allows us to prepare even better,” said Annerose Lichtenstein at a Table.Briefings event. She is head of “deforestation-free products” at the Federal Office for Agriculture and Food (BLE), which will review the application of the EUDR. The authority would have been ready to go, said Lichtenstein, but the postponement until the end of 2025 means that it can be more accommodating to affected companies, for example in terms of IT applications.

    ‘Damages the credibility of EU sustainability regulation

    Johanna von Stechow, Director of Corporate Responsibility at Tchibo, criticized the “absurdly late postponement”: The last formal vote in Brussels will only take place in the last calendar week. “If rules are postponed one day before they come into force, it damages the credibility of European sustainability regulation,” she said at the event.

    According to von Stechow, if the postponement had been announced six months earlier, planning could have been more relaxed, and other issues would not have had to be neglected. Tchibo had “invested an incredible amount of project management capacity and financial resources in the issue“. Nevertheless, the postponement made sense, for example because many coffee farmers were not yet ready and would have been excluded from the EU market at this point in time.

    Secondly, the government now has time to work with the producing countries on forest protection and to invest. “Forest protection is not just a task for companies and their suppliers, but must also be supported and financed by the state.”

    ‘Reasonable compromise

    Steffen Kemper, Project Manager at the Global Nature Fund, described the postponement as a “reasonable compromise”. Some companies were already prepared at an early stage, but for many others, there were huge questions of understanding and ambiguities. “Fortunately, there are no changes to the content and no dilution. All sides now have the necessary time to implement and enforce the regulation sensibly in the end,” he said. leo

    • Ernährung
    • Lieferketten

    Dessert

    Vestager’s elephants

    Margrethe Vestager was EU Competition Commissioner in the last legislature.

    Finally, she made her way home by car. On Nov. 30, Margrethe Vestager drove from Brussels to Copenhagen after ten years as Europe’s top competition watchdog. There may not be much of her style of competition policy left in Brussels in the coming years. Vestager insisted on healthy competition between companies. Commission President Ursula von der Leyen, on the other hand, is likely to focus more on dirigisme and active industrial policy in the future.

    However, one of Vestager’s legacies will remain at the headquarters of the EU Commission: knitted elephants. According to Vestager herself, she has made over 200 of them over the years. She started because she found knitting socks boring. By chance, she found a pattern for the four-legged friends, which she stuck to. Only the colors varied, depending on the wool. It takes Vestager eight to nine hours to complete an animal with its large ears.

    The Dane knew how to cleverly market her hobby over the years, occasionally showing off a freshly knitted item on social media. She also gave journalists her knitting when they asked her about her hobby. Knitting is good for concentration, Vestager told them. And of course, she had a narrative ready as to why she knits elephants of all things. They are very social creatures and the females are in charge of their herds.

    Vestager presented her closest employees with a woolen elephant when they got married, had a child, or changed jobs. Von der Leyen’s grandchildren also received a homemade gift from her. Even more interesting, however, is who didn’t get an elephant: Thierry Breton, the French digital commissioner who, before his abrupt departure in September, never missed an opportunity to show that he considered himself the most important contact for US tech companies in Brussels. Breton simply never asked for an elephant, says Vestager. Like elephants, she has a very good memory. Silke Wettach

    Europe.Table Editorial Team

    EUROPE.TABLE EDITORIAL OFFICE

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