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March 16, 2021
<div class="at-above-post addthis_tool" data-url="https://www.metro.us/macrons-party-pushes-back/"></div>PARIS (Reuters) – French President Emmanuel Macron’s ruling party pushed back on Tuesday against the finance minister’s plans to hive off debt linked to spending on the coronavirus crisis. France’s public debt soared close to 120% of gross domestic product last year with the health crisis adding 215 billion euros ($255.9 billion) –...
March 15, 2021
MEPs share concerns about efficacy of vaccines against COVID-19 variants ©AFP/Valery HACHE On Monday, Members of the Environment, Public Health and Food Safety Committee debated with experts on the efficacy of vaccines against mutations of the COVID-19 virus. Representatives from the European Medicines Agency (EMA), the European Centre for Disease Prevention and Control (ECDC) and the World Health Organisation (WHO) updated MEPs on th...
March 12, 2021
MEPs agree carbon border tax - heavy industries protected Under the internal carbon market, free allowances are expected to be gradually phased out by 2030 (Photo: Fredrik Olastuen) Brussels, 12. Mar, 07:04 MEPs have voted in favour of introducing a carbon border tax on selected imports from less green nations, aimed at protecting Europes economy and businesses against carbon-emitting competitors outside the bloc. By making polluting companies pay an emissions-based fee to sell their products i...
March 11, 2021
European Parliament backs carbon border tax Share London | The European Parliament has backed the bloc’s push for a carbon border tax on imports from countries such as Australia, in a plenary vote on Wednesday (Thursday AEDT) that gives Brussels the political imprimatur and momentum to press ahead with the plan. The European Commission is expected to present the details of the EU’s carbon border adjustment mechanism (CBAM) in June, with a view to getting at least a pilot scheme up and runni...
March 10, 2021
The European Parliament has rejected proposals to phase out free CO2 pollution credits for industries covered by the EU’s Emissions Trading System (EU ETS), even as the bloc plans to gradually replace the scheme with a carbon levy at its border. The move came as lawmakers voted on Tuesday evening (9 March) on plans to impose a carbon charge on imports of goods coming into the European Union, as a way to shield EU industries from environmental dumping. Although the vote does not introduce new ...
March 10, 2021
Australian exporters to Europe are likely to face millions of dollars in new tariffs after the European Parliament votes to move forward with a carbon levy on products from countries lacking serious pollution reduction programs.
February 26, 2021
AstraZeneca's boss expressed confidence Thursday that his company can make up a huge shortfall in Covid-19 vaccine doses promised to the EU, in a grilling by MEPs alongside rival CEOs.
February 26, 2021
France, Germany and Denmark are among EU countries to have boosted their vaccine stocks because other members of the bloc turned down jabs allocated to them based on population, it has emerged. Emmanuel Macron told reporters during the European Council summit that some countries did not take their full allotment of Pfizer and other coronavirus vaccines when contracts were negotiated by the EU. Yet, almost all of those countries that relinquished or "under ordered" some vaccine doses "are coming...
February 26, 2021
MEPs call on pharma companies to increase COVID-19 vaccine production European Parliament’s Socialist MEPs also want pharmaceutical giants to research against potential future Coronavirus variants and strains. Adobe stock 26 Feb 2021 A senior MEP says the “race” to produce vaccines is “intensifying” and the EU is “gearing up to use all available tools to support it.” Pascal Canfin, chair of the European Parliament’s Environment, Public Health and Food Safety (ENVI) Committee, wa...
February 25, 2021
MEPs directed their anger at AstraZeneca CEO Pascal Soriot as they sought greater clarity on vaccine deliveries and explanations for ongoing shortages. Soriot took part in a virtual hearing of the European Parliament on Thursday afternoon alongside other CEOs from the pharmaceutical companies that have signed vaccine contracts with the European Commission, including CureVac, Novavax and Moderna. The AstraZeneca chief said the company will provide the EU with 40 million doses in the first quarte...