#NotMyTaxonomie: this hashtag trended on Twitter yesterday following the EU Parliament’s approval to classify gas and nuclear power as sustainable. Many now see the credibility of taxonomy in danger, no reputable bank will trust the seal, the Greens said. Leonie Düngefeld reports on the memorable vote. Will Russian gas really start flowing to Germany again […]
Should nuclear power and natural gas be classified as sustainable in the EU taxonomy? MEPs from almost all parties want to prevent this – today at noon, the roll call vote on the veto on the Commission proposal will take place. The result is by no means certain, which is mainly due to one political […]
In the gas crisis, the EU community is anxiously holding their breath while waiting for next Wednesday, when Commission Vice President Frans Timmermans presents the joint emergency plan for the winter. Manuel Berkel took a sneak peek at the draft paper and reports on the strategy the Commission is using to minimize the cuts in […]
“We are in a community of common destiny in Europe“: That is what Vice-Chancellor Robert Habeck said yesterday in Vienna, where Austria and Germany signed a joint declaration on securing energy supplies. Hans-Peter Siebenhaar and Manuel Berkel analyzed what the declaration means – and where there is still room for improvement in Europe’s energy security.Germany […]
Progressing inflation, slowed growth – at yesterday’s Eurogroup meeting in Brussels, the main question was: Is the eurozone heading towards recession? The EU Commission will present its updated economic forecast on Thursday. Turbulent times still lie ahead, is how Eric Bonse sums up the meeting.What’s next for the Visegrád Group, consisting of Poland, Hungary, the […]
If you are planning your summer vacation on Lake Garda, you will probably notice an unusually low water level this year. 70 cubic meters of water per second are currently being diverted from the lake towards the Po Valley. There, desperate farmers are trying to brave Italy’s drought of the century. With water from Lake […]
It is and remains the defining question these days: Will gas from Russia soon again flow to Europe or not? It is true that more gas will soon be coming from Azerbaijan. Commission President Ursula von der Leyen and Azerbaijan’s President Ilham Aliyev have now signed a memorandum of understanding on this. But this is […]
The energy transition in Germany could be more successful than previously expected: According to a study by Allianz Trade, the current energy crisis could accelerate the green transformation – even if the German government initially went back to coal, it would be forced out of the market by renewables in the medium term.Today in Brussels, […]
These are chaotic days in Rome. After ongoing tensions within the governing coalition, the Five Star Movement abstained yesterday from voting on a multi-billion euro economic stimulus package. Italy’s Prime Minister Mario Draghi then announced his resignation, but the president rejected it. Isabel Cuesta Camacho reports on the background of the government crisis and analyzes […]
The EU’s winter plan was the subject of our first Table.Live briefing yesterday. The basic idea is to harvest the low-hanging fruits in all EU countries, according to management consultant Jens Völler. However, if export bans on gas take hold, as they have in Hungary, “then we’ll have a problem on a scale we can’t […]