Jonathan Packroff News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Alternative economic models that want to ditch the current growth imperative are becoming more prominent for a reason. It is important to engage with them productively.

Belgian Prime Minister Alexander De Croo on Monday (22 May) criticised the idea of not growing the economy for environmental reasons, joining calls to stop environmental and health-related regulation to prevent overburdening companies.

In an interview with EURACTIV, Jim Snabe, the chairman of German industry giant Siemens, argued that the current societal challenges required a more active state involvement and worried about the deterioration of relations with China.

EU environmental reporting rules cause an administrative burden for companies and should be measured against the burden they would cause each time they are adopted, a plan to curb costs and bureaucracy for companies presented by German conservatives reads.

The agreement reached between Germany and the European Commission that would leave space for e-fuels in the EU’s plans to phase out combustion engines from 2035 is a significant success, according to Czech Prime Minister Petr Fiala (ODS, ECR).