The Eurogroup has issued a statement (15 March) on the eurozone s continuing fiscal response to the COVID-19 crisis, committing to what Eurogroup President Paschal Donohoe described as timely, temporary and targeted measures that would be key to longer-term fiscal sustainability. European Commissioner Paolo Gentiloni underlined his agreement with the Eurogroup statement, saying: “We will not […]
10/03/2021 - 19:14
From the blog
10/03/2021 – HR/VP Blog – Recently, Executive Vice-President Valdis Dombrovskis presented a new trade strategy at the College of the European Commission. EU trade policy can be an important foreign policy instrument: we should leverage our trading power to promote EU interests and values and build a fairer and more sustainable form of globalisation.
On 17 February, the European Commission approved a new EU trade strategy, prepared by my colleague Executive Vice-President Dombrovskis in charge of trade, in cooperation with the European External Action Service. It is based on the concept of “Open Strategic Autonomy”, which holds that we must make best use of the EU’s traditional openness and international engagement but also stand ready to enforce EU rights and protect our workers, businesses and citizens when others do not play by the rules.
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a general growth in the weaponisation of trade policy for geopolitical purposes.
On top of that, we now face a global recession due to the Covid-19 pandemic. We need trade to support the creation of growth and jobs.
And it has become increasingly clear that trade needs to play its role in the green and digital transformation of our economy.
This communication is a consolidated European response to these challenges. It is our platform for building a new consensus, both at home and at global level.
To shape this new approach, we consulted widely and inclusively, because trade policy affects every EU business and citizen.
EU Trade Policy published on 18 February 2021: key take-aways gide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gide.com Daily Mail and Mail on Sunday newspapers.