Tag: Austria
Eurozone GDP up 0.3 percent in spring – POLITICO
The eurozone registered 0.3 percent GDP growth from March through June, preliminary data published Monday by Eurostat shows.
It’s a positive sign following two quarters of negative growth last winter, raising hopes the single-currency area can avoid a yearlong recession, but growth remains anemic.
“After stagnation at the start of the year, growth is likely to remain subdued,” EU Economy Commissioner Paolo Gentiloni said last week, adding the EU executive will likely revise its growth forecast downward in September.
Output
Why Austria Is Struggling to Break Away From Russian Gas
In the 17 months since Moscow ordered soldiers into Ukrainian territory, countries across Europe have moved with surprising speed to reduce their longstanding dependence on cheap Russian gas.
Germany, which got 55 percent of its supply from Russia before the war, now imports zero. Poland, Bulgaria and the Czech Republic have halted or are close to halting flows. And Italy has been steadily trimming imports, and pledges to be free of Russian natural gas by the end of this year.
After summer heat, economic chill – POLITICO
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BRUSSELS — While Europe counts the cost of wildfires and record high temperatures, governments are facing up to a decidedly frosty fall and winter.
Buffeted by rising borrowing costs and a decline in business and consumer confidence, the eurozone economy is weakening rapidly. Interest rates this week were increased to record-equaling levels, inflation is falling but remains stubbornly high, and, on Friday, there came a fresh warning from the
European Parliament set to grow by 15 MEPs in 2024 – POLITICO
BRUSSELS — An extra 15 MEPs will take up their seats in the European Parliament following next year’s EU elections, after governments struck a preliminary agreement on the size and shape of its composition.
The biggest winners are France, Spain and the Netherlands, as each of these countries will gain two MEPs, while the countries that will add one more are Austria, Belgium, Poland, Slovenia, Slovakia, Finland, Latvia, Ireland and Denmark, according to a document from the Council of the
The 11 most embarrassing political resignations – POLITICO
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It’s not every day that a pair of sunglasses causes your downfall. But that’s what happened to Bjørnar Moxnes, a Norwegian left-wing party leader who was caught on camera stealing a pair of luxury sunglasses from Oslo airport.
“A lot of people have asked me how I could do something so stupid. I’ve asked myself that many times in recent weeks. I don’t have an adequate explanation,” Moxnes wrote
How to navigate Spain’s EU presidency policy agenda like a pro – POLITICO
Spare a thought for Spanish diplomats in Brussels. They’re going to be working flat-out until Christmas.
Sweden has spent the last six months trying to process a huge pile of legislative files, many of which were proposed late by a European Commission distracted by COVID-19 and Russia’s war on Ukraine.
Despite commendable progress, many of these files still need a lot of work before being passed into law. Look at the files we’ve laid out below, then look back at
How Austria became Putin’s Alpine Fortress – POLITICO
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It didn’t occur to the Austrian chamber of commerce that hosting a cozy networking event on the outskirts of Moscow might raise eyebrows in some quarters.
As record cold gripped the Russian capital in January, the local chapter saw an opportunity to pierce the ennui of the snowbound winter with “a sporty Austrian Business Circle in Moscow featuring cross-country skiing in Odintsovo, a park for culture, sport and relaxation.”
2023’s most important election: Turkey – POLITICO
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For Turkey’s President Recep Tayyip Erdoğan, next month’s election is of massive historical significance.
It falls 100 years after the foundation of Mustafa Kemal Atatürk’s secular republic and, if Erdoğan wins, he will be empowered to put even more of his stamp on the trajectory of a geostrategic heavyweight of 85 million people. The fear in the West is that he will see this as his moment to push
A wonk’s guide to the Swedish EU presidency policy agenda – POLITICO
Sweden’s policy smorgasbord is already groaning with some chewy (and even unpalatable) items — but the Commission keeps adding more to its plate.
By this point in a five-year EU election cycle, the vast majority of new policy proposals have already arrived from the EU executive branch, and are already on their legislative journey. But as Sweden takes over the rotating Council presidency with a year-and-a-half left until the next European election, that’s not the case.
With massive official bandwith
How Europe lets Iran and Russia get away with murder – POLITICO
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BERLIN — On a balmy September evening last year, an Azeri man carrying a Russian passport crossed the border from northern Cyprus into southern Cyprus. He traveled light: a pistol, a handful of bullets and a silencer.
It was going to be the perfect hit job.
Then, just as the man was about to step into a rental car and carry out his mission — which prosecutors say was