Connect with us

Published

on

Reeves vowed to be a steadfast chancellor, yet her initial budget introduces significant shifts

Not long before, the Labour Party committed to maintaining stability in the UK's economic strategies, however, Chancellor Rachel Reeves has now unveiled substantial modifications.

Economics and data editor @EdConwaySky

Wednesday, October 30, 2024, at 10

For an improved video experience, it is recommended to utilize the Chrome browser.

The 2024 Autumn Budget summarized in one word? Substantial.

Today, Rachel Reeves presented a significant shift in economic strategy, marking a clear divergence from the policies that have shaped the nation's economy for the last fifteen years.

We're seeing the largest tax hike in a single fiscal event since 1993. The overall tax load is on track to reach an all-time high. This represents a major shift away from the commitments and policies previously outlined in the Labour manifesto.

Just a short while back, the Labour Party committed to maintaining the status quo in Britain's economic strategy, promising no substantial tax hikes or sweeping alterations to government expenditures. However, in a surprising move today, the Chancellor announced major modifications.

For an optimal video viewing experience, it is recommended to utilize the Chrome browser

Update on the budget: Specialists weigh in on Labour's extensive tax strategies

The previous financial regulations have been discarded, and the current administration intends to take on additional debt amounting to several billion pounds. There is also a significant boost planned in investment levels.

The proposal includes increasing taxes on individuals with investments and assets, which previously could be inherited by their children, including business owners and farmers. Additionally, the plan allocates significantly more funding towards healthcare services and public infrastructure than was originally planned.

It should be noted that although the administration took over public finances in a poorer state than previously perceived at election time, the Treasury's identified deficit of £22 billion alone does not account for the significant shift in economic policy observed.

For optimal video playback, it is recommended to use the Chrome browser.

The text does not account for the significant rise in borrowing, expenditure, and taxation, which are choices made by the present administration. Moreover, a considerable number of people agree with this approach. Polls indicate that the citizens of Britain are in favor of increased taxes, particularly when they fund enhancements to the National Health Service.

A significant number of people in the UK believe that there should be increased funding for public services, even if it requires higher contributions from everyone. However, enthusiasm wanes when individuals are asked about their willingness to pay more taxes personally. Moreover, there's a broad consensus that the nation's investment in various sectors has been insufficient for an extended period and should be increased.

Latest from Sky News: Key Points from the Chancellor's SpeechImpact of the Budget on IndividualsRising Tax Obligations for Supermarkets

Stay updated with the most recent developments in the UK and globally by tuning into Sky News.

Yet, the platform presented by Reeves and Keir Starmer during the campaign was different. In their manifesto, they committed to only modest adjustments in economic policies and minor tax hikes. They vowed to devote a significant portion of their tenure to rectifying the previous administration's errors. Reeves pledged to uphold stringent financial management as chancellor.

This budget shows significantly less restraint in managing public finances than anticipated. What may concern the chancellor, however, is that despite increased spending on both investment and ongoing expenses, the UK economy is not thriving as hoped.

Stay ahead with the latest breaking news updates.

Download the Sky News application at no cost

🎧 Tune into Sky News Daily on your preferred podcast platform 🎧

The Office for Budget Responsibility has revised its long-term growth projections downward. Consequently, Starmer's pledge to secure the top economic growth rate among G7 nations seems quite improbable, even with all his policies in place.

Following the speech, financial markets responded in a manner likely to unsettle the Treasury. While the movements were not as drastic as those seen in government bond yields after Liz Truss's mini-budget in 2022, the British pound declined and the interest rates demanded by investors from the UK government increased. This is generally an unwelcome outcome for any chancellor following the presentation of their inaugural budget.

The coming days are expected to be quite eventful in both the political sphere and the financial markets.

Associated Subjects

Sky News Bottom Section

Information About Sky News

Services Provided by Sky News

Sky Network Channels

Additional Sky Websites


Discover more from Automobilnews News - The first AI News Portal world wide

Subscribe to get the latest posts sent to your email.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics

EU Parliament Grills Commissioner-designate Jessika Roswall on Green Deal, Circular Economy, and Water Resilience Initiatives

Published

on

By

Interview with Commissioner Nominee Jessika Roswall  

Distribute this information: 

Members of the Environment, Public Health, and Food Safety Committee held a session to interview Jessika Roswall, who is being considered for the role overseeing Environment, Water Resilience, and a Competitive Circular Economy.

In her introductory statements, Jessika Roswall of Sweden detailed her strategy as the nominee for Commissioner. She emphasized her dedication to maintaining consistency with EU environmental policies, focusing on executing and upholding the European Green Deal.

Sustainable economic model, pollution-free initiatives, and water sustainability.

Jessika Roswall pledged to introduce a circular economy package. This initiative will feature actions aimed at enhancing the single market for waste and recycled materials, while simultaneously promoting environmentally friendly and sustainable production within the European Union.

She revealed plans to update the EU's chemicals regulations, known as REACH, by introducing a new legislative package for the chemicals industry in 2025. Part of this initiative includes tackling PFAS, commonly referred to as "forever chemicals," with the goal of minimizing their impact on people and the environment. This effort will include implementing a ban on their use in consumer goods.

One of Ms. Roswall's main focuses will be developing a fresh EU approach to water resilience. The new initiatives will strive to ensure everyone has access to clean water, address water shortages, particularly in agriculture, boost the competitiveness of the EU's water sector, and counter the effects of climate change. Additionally, she committed to revising the EU's bioeconomy strategy and working to obtain EU funding for environmental goals in the upcoming multiannual financial framework (MFF).

Members of the European Parliament grilled the candidate from Sweden on her strategies for sustainable resource management, the enforcement of EU packaging regulations, and the revision of the REACH legislation related to public health. They also inquired about her stance on the zero-pollution initiative, the forestry industry, and the climate adaptation strategies she would advocate to combat the rise in extreme weather conditions.

Members of the European Parliament present at the meeting discussed several issues, including the potential establishment of nature credits, ensuring that nature-related laws are implemented thoroughly and promptly—particularly those concerning the restoration of natural habitats and the prevention of deforestation—and minimizing the agricultural sector's environmental footprint.

You can view the entire hearing's video recording at this link.

Media briefing

Following the conclusion of the hearing, Antonio Decaro, who leads the Environment, Public Health and Food Safety Committee and is a member of the S&D party from Italy, addressed the media outside the conference room. You can view his remarks here.

Upcoming Actions

On Tuesday evening, the chair and coordinators from the political group will convene to evaluate the Commissioner-designate's performance and qualifications.

According to the suggestions from the committee, the Conference of Presidents, which includes the EP President Metsola and the leaders of political groups, plans to carry out the concluding assessment and officially announce the end of the hearings on November 21. After the hearings are officially closed by the Conference of Presidents, the assessment letters will be made public.

Members of the European Parliament are set to vote on the entire group of Commissioners in a roll-call process, with a majority of votes required for approval. This election is planned for the plenary session in Strasbourg from November 25 to 28.

Contact Persons:

Dana POPP

Viktor ALMQVIST

Additional details

Details about the product

Distribute this page:

Latest updates

Your country's legislative body

Resources

Leader of the European Parliament

European Parliament

Parliamentary presence on social networks

Info links


Discover more from Automobilnews News - The first AI News Portal world wide

Subscribe to get the latest posts sent to your email.

Continue Reading

Politics

Magnus Brunner’s Vision for EU Security and Migration: Key Takeaways from the Commissioner Hearing

Published

on

By

Hearing of Commissioner-Designate Magnus Brunner

Share this page:

On Tuesday evening, the Committee on Civil Liberties, Justice and Home Affairs conducted an interview with Magnus Brunner, the Austrian nominee for the portfolio of Home Affairs and Migration.

In seiner Eröffnungsrede hob der zukünftige EU-Kommissar Magnus Brunner hervor, dass Sicherheitsrisiken immer komplexer und globaler werden. Er betonte, dass Europa sicher und seinen Werten verpflichtet bleiben muss und nannte dabei drei grundlegende Prinzipien: gesteigerte Vorsorge und strategisches Denken, ganzheitliche und ausgewogene Herangehensweisen sowie verstärkte internationale Kooperation.

Brunner versprach, im ersten Halbjahr 2025 einen umfassenden Plan zur Verbesserung der inneren Sicherheit zu präsentieren, nachdem die Abgeordneten ihre Hauptanliegen zur inneren Sicherheit und den Außengrenzen geäußert hatten. Außerdem verpflichtete er sich, Europols Befugnisse zu erweitern und die Zusammenarbeit innerhalb der Hafenallianz zu stärken, um gegen die grenzüberschreitende organisierte Kriminalität vorzugehen.

Handling Migration

Brunner emphasized the need for migration to be managed with fair but firm rules, working closely with transit and origin countries under a "whole-route approach." He added that human rights are non-negotiable. An important aspect of his new role is the swift and complete implementation of the migration and asylum package, ensuring a balance between solidarity and responsibility. When asked by lawmakers about possible infringement procedures for missing deadlines, Brunner stated he was prepared to initiate such actions if required.

Als er nach Einzelheiten zu einem neuen Gesetzesvorschlag zur Rückführung gefragt wurde, erklärte Brunner, dass er plant, diesen im Jahr 2025 als vorrangiges Thema zu präsentieren und dabei die Verfahren zu vereinfachen.

Er erklärte zudem seine Absicht, die Zusammenarbeit mit Drittstaaten auszubauen und legale Arbeitsmigration nach Europa zu fördern, um den wirtschaftlichen Fortschritt der EU zu gewährleisten. Brunner bezeichnete den EU-Talentpool und die Initiativen für langfristig in der EU lebende Nicht-EU-Bürger als bedeutende Fortschritte.

Protection of External Borders

In Bezug auf die Fragen der Parlamentarier zu Menschenschmuggel und Menschenhandel betonte Brunner, wie wichtig internationale Zusammenarbeit und Partnerschaften sind. Er hob zudem die Notwendigkeit hervor, neue Gesetze zu entwickeln und die Rolle von Europol in diesem Bereich zu stärken. Die Zahl der Frontex-Mitarbeiter zu verdreifachen, werde den EU-Mitgliedsländern dabei helfen, die Außengrenzen besser zu sichern, gegen Schleusernetzwerke vorzugehen und Rückführungen zu unterstützen, erläuterte Brunner.

To counter attempts to use migrants for political purposes at the EU's eastern borders, Brunner committed to ensuring a unified response by employing all available means, while safeguarding the values of the EU.

Maintaining the Schengen Area

In Antwort auf die Anfragen der Abgeordneten zur Lage im Schengen-Raum erklärte Brunner, dass die Reisefreiheit entscheidend für die Wettbewerbsfähigkeit in Europa sei und dass Grenzkontrollen die Bürger negativ beeinflussten. Er betonte, dass eine verstärkte polizeiliche Zusammenarbeit sowie Dialoge mit den Mitgliedstaaten die aktuelle Lage verbessern könnten, und erwähnte, dass Vertragsverletzungsverfahren ebenfalls erwogen werden könnten. Brunner zeigte sich zuversichtlich hinsichtlich der Chancen Bulgariens und Rumäniens auf eine vollständige Aufnahme in den Schengen-Raum und versprach, sich dafür einzusetzen.

Press Statement

At the conclusion of the hearing, Javier Zarzalejos, who chairs the Committee on Civil Liberties, Justice and Home Affairs and represents the EPP from Spain, addressed the media outside the meeting room. The video of his statement can be accessed here.

Upcoming Actions

Nach der Anhörung versammeln sich der Vorsitzende und die Fraktionskoordinatoren sofort, um die Fähigkeiten und Qualifikationen des vorgeschlagenen Kommissars zu beurteilen.

Based on the committee's suggestions, the Conference of Presidents, which includes EP President Metsola and the leaders of the political groups, will conduct the final assessment and officially conclude the hearings on November 21. After the Conference of Presidents announces the conclusion of all hearings, the assessment letters will be made public.

The Members of the European Parliament are scheduled to vote on the entire College of Commissioners during a plenary session in Strasbourg from November 25 to 28. The vote will be conducted by roll call and will require a majority of the votes cast.

Contact Information:

Michaela FINDEIS

Janne OJAMO

Polona TEDESKO

Additional Details

Reference

Share this Page:

Latest News

The EP in Your Country

Resources

The President of the European Parliament

European Parliament

The EP on Social Media

Information Links


Discover more from Automobilnews News - The first AI News Portal world wide

Subscribe to get the latest posts sent to your email.

Continue Reading

Politics

EU Commissioner-Designate Hadja Lahbib Faces Scrutiny on Equality and Crisis Management Strategies

Published

on

By

Hearing for Commissioner-Designate Hadja Lahbib

Distribute this information:

The Committees on Development, Women's Rights, Civil Liberties, and Environment conducted a questioning session with Hadja Lahbib, who has been nominated for the role overseeing Preparedness, Crisis Management, and Equality.

Fairness

In her opening remarks, Belgian Commissioner-designate Hadja Lahbib emphasized the importance of ensuring that the recently established equality laws are effectively enforced throughout the EU. She highlighted the need for the complete adoption of the Istanbul Convention as part of this effort.

On March 8, 2025, coinciding with International Women’s Day, she revealed plans to introduce a Women’s Rights Roadmap. This initiative is intended to act as a guiding framework for the Gender Equality Strategy that will be implemented starting the following year. Additionally, she committed to specific actions aimed at revitalizing the LGBTIQ+ Equality Strategy beyond 2025. These actions include offering positive incentives, prohibiting conversion therapies, and introducing a new strategy to combat racism.

Addressing inquiries from Members of the European Parliament, she refuted claims that the equality portfolio would be diminished and emphasized that she would be allocated resources equal to those of the current Equality Commissioner, Helena Dalli. She pledged to make progress on various matters, including the EU's implementation of a consent-based definition of rape, abortion rights, maternal surrogacy, children's rights, and poverty issues. Her approach will involve dialogue and raising awareness, with a strong focus on respecting the rights of women, children, and other vulnerable populations.

Readiness

To better handle future emergencies, Ms. Lahbib urged the European Union to adopt a comprehensive approach that enhances collaboration and includes all societal sectors, especially the public. Building on the Niinistö report's recommendations to enhance EU civil and military preparedness, she intends to strengthen key solidarity tools like the EU Civil Protection Mechanism, the Emergency Response Coordination Centre, and the rescEU strategic reserve. Additionally, Ms. Lahbib aims to formulate a new plan for medical countermeasures to tackle public health risks, which would involve collective purchasing and stockpiling.

In response to inquiries from Members of the European Parliament about improving the EU Civil Protection Mechanism to better support vulnerable groups and strengthen unity among EU nations, Ms. Lahbib proposed a comprehensive approach. This strategy would integrate both civil and military defense measures, address various kinds of crises such as health and environmental emergencies, and prioritize not just reactive measures but also preventative ones.

Assistance for Humanitarian Needs and Emergency Response

Ms. Lahbib plans to advocate for a unified strategy across the Commission to assist vulnerable nations facing humanitarian emergencies, focusing on a more coordinated use of the humanitarian-peace-development triple nexus. To address the shortfall in humanitarian assistance, she will urge EU member countries to boost their contributions, seek out new donors, and promote greater involvement of private sector entities in the creation and distribution of humanitarian aid.

Addressing inquiries from Members of the European Parliament regarding the Middle East, as well as the conditions in Gaza and Lebanon, she supported the European Union's impartial stance on providing humanitarian assistance. She emphasized the importance of adhering to international humanitarian law and upheld the values outlined in the Geneva Conventions.

Media briefing

Following the hearing, committee leaders Barry Andrews from the Development Committee (Renew, Ireland), Lina Galvez from the Women’s Rights Committee (S&D, Spain), Javier Zarzalejos from the Environment Committee (EPP, Spain), and Antonio Decaro from the Civil Liberties Committee (S&D, Italy) addressed the media outside the conference room.

Upcoming Actions

The leaders and coordinators from the four relevant committees will convene immediately following the hearing to evaluate the abilities and qualifications of the Commissioner-designate.

Following the suggestions from the committees, the Conference of Presidents, which includes EP President Metsola and the leaders of political groups, plans to perform the ultimate assessment and officially conclude the hearings on November 21. After the Conference of Presidents finalizes the closure of all hearings, the evaluation letters from the committees will be made available to the public.

Members of the European Parliament are set to vote on the complete group of Commissioners, requiring a majority through a roll-call vote. This event is planned for the plenary session in Strasbourg from November 25 to 28.

Contact Details:

Eoghan WALSH

Polona TEDESKO

Dana POPP

Lieven COSIJN

Additional Details

Product Details

Send this page to others:

Updates

Parliament within your nation

Resources

Leader of the European Parliament

European Parliament

Parliament's presence on social networks

Reference links


Discover more from Automobilnews News - The first AI News Portal world wide

Subscribe to get the latest posts sent to your email.

Continue Reading

Politics

Maria Luis Albuquerque Faces Scrutiny: EU Commissioner-Designate Outlines Vision for Financial Stability and Innovation

Published

on

By

Briefing on Maria Luis Albuquerque's Nomination as Commissioner

Distribute this information:

On Wednesday, the Monetary and Economic Affairs Committee conducted an inquiry with Maria Luis Albuquerque, who has been nominated for the role overseeing Financial Services and the Savings and Investments Union.

In her opening remarks, Maria Luis Albuquerque from Portugal committed to prioritizing the stability and integrity of the European Union's financial system, considering it essential for building a robust and competitive economy in Europe.

Should her confirmation proceed, Ms. Albuquerque expressed her commitment to fostering innovation and promoting inclusive economic growth. She aims to enhance social mobility and empower consumers. Her goals include advancing the Savings and Investment Union, ensuring consistent oversight across borders, and increasing investment financing options. She vowed to maintain a balanced strategy in digital finance, to build confidence in the financial sector, and to empower European citizens to engage with the financial system equitably, enabling them to manage their financial futures.

To enhance the EU's competitiveness, the nominee for Commissioner intends to prioritize facilitating the smooth movement of capital and decreasing regulatory challenges, with particular attention to small and medium-sized enterprises (SMEs). Furthermore, she revealed her commitment to intensifying efforts against financial crimes, such as money laundering and terrorist financing, by emphasizing the establishment of the EU's Anti-Money Laundering Authority.

Ms. Albuquerque also pledged to build a cooperative partnership with the European Parliament through frequent and transparent discussions.

Economic resilience, safeguarding deposits, and eco-friendly financial practices

A number of Members of the European Parliament raised inquiries with the Commissioner-designate concerning the EU's financial stability and the competitiveness of its banking sector, particularly in view of the postponed rollout of the Basel III international standards and the European Deposit Insurance Scheme. They also inquired about sustainable finance, emphasizing the need for accurately labeled green investment products and highlighting the crucial role of private investments in advancing green and digital transitions.

In her reply, Ms. Albuquerque expressed her intent to urge global collaborators to adopt Basel III standards. She vowed to enhance the safeguarding of deposits within Europe and seek a middle ground on the Crisis Management and Deposit Insurance (CMDI) framework. Additionally, she promised to advance a sustainable finance system that accommodates smaller market players by reducing the demands for reporting and cutting down on bureaucratic hurdles.

Members of the European Parliament (MEPs) brought up several concerns, including the need to ensure fair competition while expanding the capital markets union and providing equal investment opportunities for all citizens. They emphasized the importance of ensuring that the digital shift in payment systems is inclusive. Many representatives expressed worries about the increasing influence of non-bank financial institutions within the EU and called for measures to manage this risk. They also inquired about the dangers associated with securitization and strategies to safely leverage it to lessen businesses' reliance on banks for project financing. In response to requests for concrete ways to enhance the Capital Market Union, Ms. Albuquerque suggested more unified oversight and pledged to eliminate barriers to market-driven consolidation through more consistent tax policies.

View the complete hearing captured on video.

Media briefing

After the hearing concluded, Ms. Aurore Lalucq, who leads the Economic and Monetary Affairs Committee, addressed the media just outside the meeting room. You can view her remarks here.

Subsequent

The chair and coordinators from the political groups will promptly convene to evaluate the abilities and credentials of the proposed Commissioner. Following the committee's advice, the Conference of Presidents, which includes EP President Metsola and the heads of political groups, plans to carry out the concluding assessment and officially announce the closure of the hearings on November 21. After the Conference of Presidents has formally closed all hearings, the evaluation letters will be made public.

Members of the European Parliament are set to vote on the complete group of Commissioners, needing a majority of the votes cast through a roll-call process. This election is planned for the plenary session happening from November 25 to 28 in Strasbourg.

Contact Persons:

Dorota Kolinska

Raquel Ramalho Lopes

Additional Details

Product Details

Distribute this Page:

Updates

Parliamentary Matters in Your Nation

Resources

Leader of the European Parliament

European Parliament

Parliament's Presence on Social Networks

Informational Resources


Discover more from Automobilnews News - The first AI News Portal world wide

Subscribe to get the latest posts sent to your email.

Continue Reading

Politics

Balancing Profit and Principles: Jozef Síkela’s Vision for EU’s Global Gateway and Development Policy

Published

on

By

Examination of Commissioner Nominee Jozef Síkela

Distribute this information:

On Wednesday, the Development Committee conducted an inquiry with Jozef Síkela, the nominee from the Czech Republic, regarding his suitability for the International Partnerships position.

Worldwide Access Point

In his opening remarks, Jozef Síkela, who has been nominated as the Commissioner for International Partnerships, expressed that his strategy for the EU's Global Gateway project would involve striai-allcreator.com">king a balance between financial gain and ethical standards. He emphasized that the EU should utilize public-private collaborations, minimize investment risks, and draw in private funding to stimulate investments and address the shortfall in development aid.

Mr. Síkela emphasized that the European Union's development strategy ought to concentrate on addressing the fundamental reasons behind irregular migration, preventing conflicts, and promoting sound governance. Additionally, attention should be directed towards the Least Developed Countries, enhancing ties with Africa, and aligning with the goals of the EU’s Green Deal. He further mentioned that the EU needs to adopt a more proactive stance in its partnerships with other countries, particularly in light of the increasing competition from more assertive rivals in areas such as Africa.

The European Union's goals include eliminating poverty.

Members of the European Parliament concentrated their inquiries on the strategies of the Commissioner-designate regarding the Global Gateway. They questioned how he plans to promote the initiative to favor the EU's economic interests and addressed a potential conflict in its dual goals of expanding market access for the EU and alleviating poverty. Mr. Síkela responded by stating that he did not see any conflict, emphasizing the importance of engaging the private sector to foster sustainable economic development in partner nations.

Education and the alleviation of debt

Addressing the concerns raised by Members of the European Parliament regarding transparency and accountability in the European Union's development aid—covering areas such as expenditures, parliamentary oversight, and human rights issues—Mr. Síkela emphasized that ensuring the effective use of aid funds will be one of his main priorities.

Addressing concerns among Members of the European Parliament about the EU's diminishing emphasis on the Sustainable Development Goals (SDGs), Mr. Síkela emphasized the crucial role of private investment in achieving many of these objectives. He also pledged to uphold the EU's goal of allocating 10% of its aid budget to education and to explore possibilities for debt relief for partner nations, contingent upon consultations with allied donor countries.

Some Members of the European Parliament brought up the idea of leveraging development policy to tackle migration issues. They suggested tying aid to the condition of migrants returning to their home countries. In response, Mr. Síkela stated that he would adopt a "whole-of-route approach" while ensuring adherence to EU principles.

View the complete video of the hearing.

Media briefing

Following the hearing, Barry Andrews, the Chair of the Development Committee from the Renew Europe group in Ireland, addressed the press outside the meeting area.

Following actions

The chairperson and leaders of the political groups will promptly convene to evaluate the abilities and credentials of the nominated Commissioner.

Following the suggestions from the committee, the Conference of Presidents, which includes EP President Metsola and the leaders of the political groups, plans to carry out the concluding assessment and officially end the hearings on November 21. After the Conference of Presidents concludes all the hearings, the assessment letters will be made available to the public.

Members of the European Parliament are set to vote on approving the entire group of Commissioners during a roll-call vote. This event is planned to occur at the plenary session in Strasbourg from November 25th to 28th.

Contact Details:

Eoghan Walsh

Hana Raissi

Additional Details

Product Details

Distribute this page:

Updates

Parliament in your nation

Resources

Head of the European Parliament

European Parliament

Parliament's presence on social platforms

Information resources


Discover more from Automobilnews News - The first AI News Portal world wide

Subscribe to get the latest posts sent to your email.

Continue Reading

Politics

Costas Kadis Faces Fisheries Committee Scrutiny: Balancing Profitability, Sustainability, and Ocean Protection

Published

on

By

Session for Commissioner-nominee Costas Kadis

Distribute this information:

On Wednesday, the Fisheries Committee conducted an inquiry into Costas Kadis, the nominee from Cyprus, who is up for the role overseeing Fisheries and Oceans.

Securing financial gain, advancing marine-based economic activities, and safeguarding oceanic environments

During his opening remarks, Mr. Kadis emphasized the importance of achieving sustainability, competitiveness, and resilience in the fisheries and aquaculture industries. He also highlighted the promotion of the blue economy and the necessity of safeguarding oceanic environments.

To address the issue, the appointed Commissioner plans to base decisions on the findings from the current review of the Common Fisheries Policy (CFP). This review is a thorough examination of existing laws, incorporating extensive input from various stakeholders. The conclusions, anticipated by late 2025, will be deliberated with Parliament. During a session with Members of the European Parliament (MEPs), Mr. Kadis mentioned that modifications to legislation could be considered, contingent on this analysis and the developments within the EU's fishing fleet.

When questioned regarding the regulations on landing obligations, the nominee for Commissioner emphasized the necessity of tackling the issue of discards. He also underscored the significance of having thorough and high-quality data. He pointed out that discarding fish does not enhance profitability or contribute to the sustainability of maritime practices.

Recognizing the distinctions between large and small fisheries and the notable differences among various fishing regions, Mr. Kadis pledged to deliver a plan for transitioning to sustainable energy in the fisheries and aquaculture sectors, aiming for completion by 2050, by the close of 2025. He also highlighted the importance of the social aspect of the fishing industry and vowed to aid communities along the coast.

Mr. Kadis highlighted various other obstacles, including outdated boats, shortages in skilled workers and labor, gender disparities within the industry, the absence of new generations entering the field, and the necessity to cut bureaucratic procedures. He mentioned that these concerns would be central to the European Oceans Pact, a strategic plan that the Commissioner-designate intends to introduce in June 2025.

The Baltic Sea, the impact of Brexit, and connections with non-EU

In response to Members of the European Parliament, the Commissioner-designate advocated for a comprehensive strategy to address the deterioration of the Baltic Sea. This approach includes involvement from all relevant scientific and environmental parties. Concerning the upcoming 2026 discussions on fishing quotas with the United Kingdom, Mr. Kadis promised to ensure that EU fishing boats would continue to have access to their traditional fishing zones.

The individual nominated for the position of Commissioner is set to address the issue of fishing products that are either illegal or not regulated. Additionally, they will work to improve the European Union's self-sufficiency in food production. Furthermore, the Commissioner will make sure that agreements for sustainable fisheries partnerships create fair competition, encouraging other nations to adopt the higher standards practiced within the

Safeguarding the diversity of life and the advantages

When asked questions, the Commissioner-designate committed to advocating for solutions grounded in scientific research to tackle the challenges facing the sector. He also assured that he would consider the views of all stakeholders, placing particular importance on local communities. He underscored the significance of the ocean as a carbon sink and stressed the importance of preserving biodiversity for both ecological sustainability and economic gain. Mr. Kadis pointed out that protected areas are crucial in this effort, noting that they also boost fishing income.

The entire hearing is available for viewing as a video recording.

Media briefing

Following the conclusion of the hearing, Carmen Crespo Díaz, the Chair of the Fisheries Committee and member of the European People's Party from Spain, addressed reporters outside the meeting venue.

Upcoming Actions

Following the hearing, the Chair of the committee and the coordinators from various political factions will convene to evaluate the Commissioner-designate's performance and qualifications.

According to the committee's suggestions, the Conference of Presidents, which includes EP President Metsola and the leaders of political groups, is scheduled to carry out the concluding assessment and officially close the hearings on November 21. After the hearings are declared closed by the Conference of Presidents, the evaluation letters will be made public.

Members of the European Parliament are set to vote on the entire group of Commissioners, requiring a majority of the votes through a roll-call process. This vote is planned for the plenary session in Strasbourg, which is scheduled between November 25 and 28.

Contact Persons:

Raquel Ramalho Lopes

Kyriakos Klosidis

Alessio Incorvaia

Additional Details:

Details about the product

Distribute this page:

Updates

Your Country's Parliament

Resources

Leader of the European Parliament

European Parliament

Parliament's Social Media Presence

Info Links


Discover more from Automobilnews News - The first AI News Portal world wide

Subscribe to get the latest posts sent to your email.

Continue Reading

Politics

Jessika Roswall Faces EU Scrutiny: A Vision for a Sustainable Future through Circular Economy and Water Resilience

Published

on

By

Jessika Roswall, who has been nominated for the role involving Environment, Water Resilience, and Competitive Circular Economy, was interrogated by the Environment, Public Health, and Food Safety Committee during a hearing.

Distribute this information:

During her introductory speech, Jessika Roswall of Sweden presented her strategy as the nominee for Commissioner. She emphasized her dedication to maintaining steady progress on EU environmental laws, with a strong focus on executing and upholding the European Green Deal.

The circular economy, achieving zero pollution, and strengthening water resilience

Jessika Roswall pledged to introduce a circular economy initiative that will feature strategies to boost the single market for waste and recycled materials, while also guaranteeing environmentally friendly and sustainable production within the European Union.

She further declared plans to update the EU's chemicals regulations known as REACH, with a fresh set of proposals for the chemicals industry expected in 2025. Part of this initiative includes tackling PFAS, referred to as "forever chemicals," aiming to minimize their impact on people and the environment. This would involve prohibiting their use in consumer goods.

One of Ms. Roswall's main focuses will be developing a fresh EU approach to water resilience. The upcoming initiatives are designed to ensure access to clean water for everyone, address water shortages with a particular focus on agriculture, boost the competitiveness of the EU's water sector, and mitigate the effects of climate change. Additionally, she committed to revising the EU's bioeconomy strategy and advocating for EU funding dedicated to environmental priorities in the forthcoming multiannual financial framework (MFF).

Members of the European Parliament interrogated the Swedish nominee regarding her strategies for sustainable resource management, the enforcement of EU packaging regulations, and the REACH update in relation to public health. They also inquired about her stance on the zero-pollution initiative, the forestry industry, and the climate adaptation strategies she would endorse to counter the rise in extreme weather occurrences.

Members of the European Parliament at the meeting discussed several key issues, including the potential launch of nature credits, the complete and prompt enforcement of legislation related to nature—particularly those concerning the restoration of natural habitats and the prevention of deforestation—and the need to decrease agriculture's environmental footprint.

The complete hearing is available to view in a video recording at this link.

Media briefing

Following the conclusion of the hearing, Antonio Decaro, who serves as the Chair of the Environment, Public Health, and Food Safety Committee and is a member of the S&D party from Italy, addressed the media outside the meeting room. You can view the press briefing here.

Future actions

On Tuesday evening, the chair and coordinators from the political group will convene to evaluate the qualifications and performance of the individual nominated for Commissioner.

According to suggestions from the committee, the Conference of Presidents—which includes EP President Metsola and the leaders of political groups—is expected to finalize the assessment and officially conclude the hearings on November 21. After this declaration, the letters evaluating the hearings will be made public.

Members of the European Parliament are set to vote on the entire group of Commissioners, requiring a majority through a roll-call vote, during the plenary session planned for November 25-28 in Strasbourg.

Contact Details:

Dana POPP

Viktor ALMQVIST

Additional Details

Product Details

Distribute this page:

Updates

Your Nation's Parliament

Resources

European Parliament President

European Parliament

Parliament's Social Media Presence

Informative Links


Discover more from Automobilnews News - The first AI News Portal world wide

Subscribe to get the latest posts sent to your email.

Continue Reading

Politics

Magnus Brunner’s Vision for EU Security and Migration: A Comprehensive Strategy for 2025

Published

on

By

Hearing for the Nominee Commissioner Magnus Brunner

Share this page:

On Tuesday evening, the Committee on Civil Liberties, Justice, and Home Affairs conducted an interview with Magnus Brunner, the Austrian candidate for the Home Affairs and Migration portfolio.

In seiner Eröffnungsansprache hob der künftige EU-Kommissar Magnus Brunner hervor, dass die Gefahren für die Sicherheit immer komplexer und globaler werden. Um Europa zu schützen und seine Werte zu bewahren, schlug er drei Hauptprinzipien vor: bessere Vorsorge und strategische Planung, umfassende und ausgewogene Ansätze sowie enge internationale Zusammenarbeit.

Addressing the primary concerns of lawmakers regarding internal security and border control, Brunner committed to presenting a comprehensive internal security strategy in the first half of 2025. He also pledged to expand Europol's mandate and enhance the port alliance to combat transnational organized crime.

Managing Migration

Brunner emphasized that migration should be managed with fair yet strict regulations, working closely with transit and origin countries as part of a "whole-route concept." He also stressed that human rights are non-negotiable. A key aspect of his new role is to ensure the swift and complete implementation of the migration and asylum package, maintaining a balance between solidarity and responsibility. When asked by lawmakers about potential infringement procedures if deadlines are not met, Brunner stated that he is prepared to initiate such actions if needed.

When asked about specifics of a new legislative proposal concerning deportations, Brunner stated that presenting this as a priority in 2025 is planned, with an emphasis on implementing streamlined processes.

Er betonte zudem die Absicht, die Zusammenarbeit mit Ländern außerhalb der EU zu intensivieren und die legalen Möglichkeiten für Arbeitsmigration nach Europa auszubauen, um die wirtschaftliche Stabilität der Europäischen Union zu gewährleisten. Brunner hob hervor, dass der EU-Talentpool und die Pläne für Drittstaatsangehörige mit langfristigem Aufenthaltsrecht bedeutende Fortschritte darstellen.

Protection of External Borders

Bei Fragen der Parlamentarier zu den Themen Menschenschmuggel und Menschenhandel betonte Brunner die Wichtigkeit internationaler Kooperationen und Partnerschaften sowie die Notwendigkeit, neue Gesetze zu entwickeln und die Rolle von Europol in diesem Bereich zu stärken. Die dreimalige Erhöhung der Frontex-Personalstärke werde den EU-Mitgliedsländern dabei helfen, die Außengrenzen besser zu sichern, gegen Schmugglerbanden vorzugehen und Rückführungen zu unterstützen, erklärte Brunner.

In einer Anstrengung, die Ausnutzung von Migranten an den östlichen Außengrenzen der Europäischen Union zu verhindern, versprach Brunner, eine koordinierte Reaktion zu ermöglichen, die alle verfügbaren Mittel einbezieht, ohne dabei die grundlegenden Werte der EU zu kompromittieren.

Erhaltung des Schengen-Gebiets

In Antwort auf die Fragen der Abgeordneten bezüglich der Lage des Schengen-Raums erklärte Brunner, dass die Bewegungsfreiheit wesentlich für Europas Wettbewerbsfähigkeit sei und dass Grenzkontrollen den Alltag der Bürger stören würden. Er betonte, dass eine intensivere Zusammenarbeit der Polizei sowie Gespräche mit den Mitgliedstaaten die momentane Situation verbessern könnten, aber auch Vertragsverletzungsverfahren als Option in Betracht gezogen werden sollten. Zudem zeigte sich Brunner zuversichtlich hinsichtlich der Chancen Bulgariens und Rumäniens auf eine vollständige Aufnahme in den Schengen-Raum und versprach, sich dafür starkzumachen.

Statement to the Press

Nach Abschluss der Anhörung trat Javier Zarzalejos, der Vorsitzende des Ausschusses für bürgerliche Freiheiten, Justiz und Inneres und Mitglied der EVP aus Spanien, vor den Sitzungssaal, um eine Presseerklärung abzugeben. Das entsprechende Video kann hier angesehen werden.

Upcoming Actions

Nach der Anhörung treffen sich der Vorsitzende und die Fraktionskoordinatoren sofort, um die Fähigkeiten und die Eignung des nominierten Kommissars zu beurteilen.

Based on the committee's recommendations, the Conference of Presidents, which includes EP President Metsola and the leaders of political groups, will make the final assessment and officially conclude the hearings on November 21. After the Conference of Presidents announces the conclusion of all hearings, the evaluation letters will be made public.

The election of the entire College of Commissioners by the Members of the European Parliament, requiring a majority of the votes cast in a roll-call vote, is scheduled to take place during the plenary session from November 25 to 28 in Strasbourg.

Contact Information:

Michaela FINDEIS

Janne OJAMO

Polona TEDESKO

More Details

Reference

Share this Page:

News

 

The European Parliament in Your Country

 

Resources

 

The President of the European Parliament

 

European Parliament

 

The EP on Social Media

 

Information Links


Discover more from Automobilnews News - The first AI News Portal world wide

Subscribe to get the latest posts sent to your email.

Continue Reading

Politics

Day Three of EU Commissioner-Designate Hearings: Key Evaluations and Public Engagements

Published

on

By

EP TODAY

Share this article:

Wednesday, November 6

Today is the third day of the confirmation hearings for the Commissioners-designate. Members of the European Parliament (MEPs) are assessing whether the nominees are suitably qualified to join the College and to perform the specific tasks assigned to them.

Discover comprehensive details regarding the hearing procedures and ways to stay updated on them.

Every hearing is open to the public and can be watched in real-time via Parliament's web streaming service and Ebs/Ebs+.

For more details, visit the specific website Parliament has set up for the hearings.

Locate official statements regarding the proceedings.

The agenda for today's hearings is outlined below:

9:00 AM to 12:00 PM, location: ANTALL 2Q2

Lahbib Hadja

Roles: Preparedness and Crisis Management Commissioner; Commissioner for Equality

Committees in charge

Development Committee

Panel for Gender Equality and Women's Rights

Panel on Freedoms, Justice, and Domestic Affairs

Panel for Environmental, Health, and Food Security Affairs

Connections

Eoghan Walsh

Phone number: +32 485 399443

EP_Progress

Polona TEDESKO can be reached at (+32) 470 88 42 82, under the handle

Lieven COSIJN

Phone number: +32 473 864 141

Isabelle Zerrouk

Phone Number: +32 470 88 02

Tune in to view the live broadcast

Barry Andrews from the Renew group in Ireland, who leads the Committee on Development, along with Lina Gálvez from the S&D party in Spain, who heads the Committee on Women's Rights and Gender Equality, Javier Zarzalejos from Spain's EPP, chair of the Committee on Civil Liberties, Justice and Home Affairs, and Antonio Decaro from Italy's S&D, who oversees the Committee on the Environment, Public Health and Food Safety, will address the media following the hearing, just outside the meeting room.

You have the option to watch it live through Parliament’s online streaming service and on the EbS channel.

From 9:00 AM to 12:00 PM, located in room ANTALL 4Q2

Maria Luís Albuquerque

Position: Head of Financial Services and the Union for Savings and Investments

Committee in charge

Economic and Financial Affairs Committee

Connections

Dorota Kolinska can be contacted at the phone number +32 498 98 32 80, and is associated with EP Economics.

Raquel Lopes

Phone number: 0032 477 99 14

Tune in to the live broadcast of

Aurore Lalucq, a member of the S&D party from France and the head of the Committee on Economic and Monetary Affairs, is set to address the media following the hearing, just outside the conference room.

After the hearing, the nominee for commissioner, Albuquerque, will address the media.

You can watch their comments in real-time on the Parliament's live stream and on EbS.

2:30 PM to 5:30 PM, location: room ANTALL 2Q2

Costas Kadis' name

Position: Head of Fisheries and Marine Affairs

Committee in charge

Fisheries Committee

Connections

Reporter: Raquel LOPES

Telephone number: +32 477 99 14 95

European Parliament's Committee on Fisheries

Kyriakos Klosidis

Phone number: +32 470 96 47

Tune in to the live broadcast of

Carmen Crespo Díaz, a member of the European People's Party from Spain and the head of the Fisheries Committee, is scheduled to address the press following the hearing, which will take place just outside the meeting venue. The event will be available for live viewing via the Parliament's webstreaming service and on EbS.

2:30 PM to 5:30 PM, located in room ANTALL 4Q2

Jozef Síkela

Role: Commissioner for Global Partnerships

Committee in charge

Development Committee

Connections

Eoghan Walsh

Phone number: +32 485 399443

Development of EP

Author: Hana Raissi

Phone number: +32 484 278 754

Stream the proceedings in real-time.

Barry Andrews from the Renew Europe group in Ireland, who serves as the Chair of the Development Committee, is scheduled to address the media following the hearing, just outside the meeting area.

After the hearing, Commissioner-designate Sikela is scheduled to address the media.

You have the option to watch their speeches in real-time through Parliament's online streaming service and on EbS.

From 6:30 PM to 9:30 PM, location: room ANTALL 2Q2

Andrius Kubilius

Role: Head of Defense and Space Affairs

Committee in charge

Foreign Affairs Committee

Committee for Industry, Research, and Energy

Ways to Connect:

Viktor Almqvist

Phone number: +32 470 88 29

EP_ForeignAff

Baptiste Chatain

Phone number: +32 498 98 13 37

EP_Sector

Gediminas Vilkas

Phone Number: +32 470 89 29

Tune in to the live broadcast of

6:30 PM to 9:30 PM, location: ANTALL 4Q2

Olivér Várhelyi's Name

Role: Commissioner responsible for Health and Animal Welfare

Committee in Charge

Panel on Environmental Issues, Health Protection, and Food Security

Agriculture and Rural Development Committee

Connections:

Dana Popp

Phone number: +32 470 95 17

EP_Environmental

Hana Raissi

Contact number: +32 484 278 754

Report on Agriculture by the European Parliament

Eszter ZALÁN

Phone number: +32 477 99 20 73

Tune in to view the live proceedings

Antonio DECARO, representing the S&D group from Italy and serving as the Chair for the Committee on the Environment, Public Health, and Food Safety, is scheduled to address the media following the hearing. This event will take place just outside the meeting venue. The public can watch the live broadcast on the Parliament's webstreaming service and through EbS.

Contact Information:

Media Center

Details about Products

Distribute this Page:

Updates

Parliamentary Affairs in Your Nation

Resources

Leader of the European Parliament

European Legislature

Parliamentary Presence on Social Platforms

Resourceful Links


Discover more from Automobilnews News - The first AI News Portal world wide

Subscribe to get the latest posts sent to your email.

Continue Reading

Politics

Hadja Lahbib Faces Scrutiny: Advancing Equality and Crisis Management in EU’s Future Agenda

Published

on

By

Hearing for Nominee Hadja Lahbib

Distribute this information:

The Development, Women’s Rights, Civil Liberties, and Environment Committees conducted an inquiry with Hadja Lahbib, the nominee for the role overseeing Preparedness, Crisis Management, and Equality.

Fairness

In her opening remarks, Hadja Lahbib, the Belgian Commissioner-designate, emphasized the importance of ensuring that the key equality laws passed in recent years are effectively enforced throughout the European Union. This includes the complete execution of the Istanbul Convention.

In a recent announcement, she revealed plans to introduce a Roadmap for Women's Rights on International Women's Day, March 8, 2025. This roadmap is intended to act as a guiding framework for next year's Gender Equality Strategy. Furthermore, she committed to implementing specific measures aimed at revitalizing the post-2025 LGBTIQ+ Equality Strategy. These measures will include positive incentives, a prohibition on conversion therapies, and the development of a new anti-racism strategy.

When questioned by Members of the European Parliament, she refuted claims that the equality portfolio is being diminished. She emphasized that her resources will match those available to the current Equality Commissioner, Helena Dalli. She pledged to push forward on particular topics, including the EU’s establishment of a consent-based definition of rape, abortion rights, maternal surrogacy, children's rights, and poverty. Her approach will focus on dialogue, raising awareness, and most importantly, respecting the individual rights of women, children, and other vulnerable populations.

Being Ready

To better handle future emergencies, Ms. Lahbib urged the European Union to adopt a comprehensive strategy that enhances collaboration and engages all sectors of society, especially the public. Drawing from the Niinistö report on bolstering EU preparedness both in civil and military capacities, she aims to strengthen key EU solidarity tools such as the EU Civil Protection Mechanism, the Emergency Response Coordination Centre, and the rescEU strategic reserve. Additionally, Ms. Lahbib intends to formulate a new plan for medical countermeasures to tackle public health risks, incorporating joint procurement and the establishment of stockpiles.

In response to inquiries from Members of the European Parliament about improving the EU Civil Protection Mechanism to better aid vulnerable groups and boost solidarity within the EU, Ms. Lahbib proposed a comprehensive approach. This strategy would integrate both civil and military defence measures, addressing a wide range of disasters, including health-related and environmental crises. The focus would be on both managing emergencies and preventing them from occurring.

Assistance for Humanitarian Needs and Emergency Response

Ms. Lahbib aims to advocate for a unified strategy across the Commission to assist countries facing humanitarian emergencies, with a special focus on effectively applying the humanitarian-peace-development triple nexus. To address the shortfall in humanitarian assistance, she plans to urge EU member nations to boost their financial contributions, seek out additional donors, and promote greater involvement from the private sector in the creation and distribution of humanitarian aid.

In response to questions from Members of the European Parliament regarding the Middle East, particularly the conditions in Gaza and Lebanon, she supported the EU's impartial stance on providing humanitarian assistance. She emphasized the importance of adhering to international humanitarian law and upheld the principles outlined in the Geneva Conventions.

Media briefing

Following the hearing, the leaders of the Development, Women's Rights, Environment, and Civil Liberties committees—Barry Andrews from the Renew group in Ireland, Lina Galvez from the Socialists and Democrats in Spain, Javier Zarzalejos from the European People's Party in Spain, and Antonio Decaro from the Socialists and Democrats in Italy—addressed the media outside the conference room.

Future actions

The leaders and coordinators of the four relevant committees will convene promptly following the hearing to evaluate the abilities and credentials of the nominated Commissioner.

Following the suggestions from the committees, the Conference of Presidents—which includes EP President Metsola and the leaders of the political groups—will carry out the ultimate assessment and officially conclude the hearings on November 21. After this declaration, the evaluation letters from the committees will be made available to the public.

Members of the European Parliament are set to vote on the entire group of Commissioners during a roll-call at the plenary session scheduled in Strasbourg from November 25 to 28.

Contact Details:

Eoghan Walsh

Polona Tedesko

Dana Popp

Lieven Cosijn

Additional Details

Product Details

Share This Page:

Latest Updates

Parliamentary Activities in Your Nation

Resources

European Parliament President

European Parliament

Parliament's Social Media Presence

Informative Links


Discover more from Automobilnews News - The first AI News Portal world wide

Subscribe to get the latest posts sent to your email.

Continue Reading

Politics

Maria Luis Albuquerque Faces Scrutiny in EU Financial Services Hearing: Promises Stability, Innovation, and Consumer Empowerment

Published

on

By

Interview with Nominee Maria Luis Albuquerque

Share this article:

On Wednesday, the Monetary and Economic Affairs Committee conducted an interview with Maria Luis Albuquerque, who has been nominated for the role overseeing the Financial Services and the Savings and Investments Union portfolio.

In her opening remarks, Maria Luis Albuquerque of Portugal vowed to prioritize the stability and integrity of the European Union's financial system, viewing it as the cornerstone for fostering a robust and competitive economy in Europe.

Upon confirmation, Ms. Albuquerque stated her commitment to fostering innovation and promoting inclusive development, while also advocating for social mobility and consumer empowerment. She vowed to advance the Savings and Investment Union, ensure consistent oversight across borders, and create more avenues for investment funding. Ms. Albuquerque also promised to adopt a balanced strategy in digital finance, aiming to build trust in the financial system. Furthermore, she seeks to empower European citizens to engage in the financial system equitably, allowing them to manage their financial destinies.

To enhance the EU's competitiveness, the Commissioner-designate intends to concentrate on facilitating smooth capital movement and lessening regulatory constraints, particularly for small and medium-sized enterprises. Moreover, she revealed her commitment to intensifying efforts against financial crimes, notably money laundering and terrorist financing, by prioritizing the establishment of the EU's Anti-Money Laundering Authority.

Ms. Albuquerque vowed to cultivate a cooperative partnership with the European Parliament by engaging in frequent and transparent discussions.

Economic security, safeguarding deposits, and enduring financial practices

A number of Members of the European Parliament (MEPs) inquired of the Commissioner-designate regarding the European Union's financial stability and the banai-allcreator.com">king sector's competitiveness, particularly in view of the postponed enactment of Basel III international guidelines and the European Deposit Insurance Scheme. They also raised issues related to sustainable finance and the accurate labeling of environmentally-friendly investment products, highlighting the crucial role of private sector investments in driving green and digital transitions.

In reply, Ms. Albuquerque expressed her intention to urge global partners to adopt Basel III standards. She promised to enhance the safeguarding of deposits across Europe and to seek a middle ground regarding the Crisis Management and Deposit Insurance (CMDI) framework. Additionally, she vowed to advocate for a sustainable finance system tailored to smaller market players, aiming to reduce reporting duties and administrative complexities.

Members of the European Parliament brought up several concerns, including ensuring fair competition while advancing the capital markets union, providing equal investment opportunities to all citizens, and ensuring that everyone benefits from the digital transformation of payment systems. Many participants expressed apprehension about the increasing influence of non-bank financial entities within the EU and called for measures to mitigate this risk. They also raised questions about the potential dangers of securitization and how it could be used safely to lessen business reliance on banks for funding projects. In response to a request for practical examples to enhance the Capital Market Union, Ms. Albuquerque proposed more unified supervision and pledged to eliminate obstacles to market-led consolidation by implementing more standardized tax policies.

View the complete footage of the entire hearing.

Media briefing

Following the conclusion of the hearing, Ms. Aurore Lalucq, who serves as the Chair of the Economic and Monetary Affairs Committee, addressed the media at a press briefing held outside the meeting venue. You can view it here.

Subsequent

The chair and coordinators of the political group are scheduled to convene promptly to evaluate how the Commissioner-designate has performed and whether they are suitably qualified. Following the committee's advice, the Conference of Presidents, which includes EP President Metsola and the leaders of the political groups, will carry out the concluding assessment and officially close the hearings on November 21. After this declaration, the letters detailing the evaluations will be made public.

The Members of the European Parliament (MEPs) are set to vote on the entire group of Commissioners through a roll-call vote, requiring a majority to pass. This election is planned to occur at the plenary session in Strasbourg from November 25th to 28th.

Contact Persons:

Dorota Kolinska

Raquel Ramalho Lopes

Additional Details:

Product Details

Spread the Word:

Updates

Parliamentary Presence in Your Nation

Resources

Leader of the European Parliament

European Legislative Body

Parliamentary Social Media Channels

Resource Links


Discover more from Automobilnews News - The first AI News Portal world wide

Subscribe to get the latest posts sent to your email.

Continue Reading

Politics

Balancing Profit and Principles: Jozef Síkela’s Vision for the EU’s Global Gateway and Development Policies

Published

on

By

Jozef Síkela’s Confirmation Hearing

The Development Committee conducted a hearing on Wednesday with Jozef Síkela, the nominee from the Czech Republic for the role in International Partnerships.

Worldwide Portal

In his opening remarks, Jozef Síkela, the nominee for the role of Commissioner for International Partnerships, expressed that his strategy for the EU's Global Gateway initiative would involve maintaining a balance between profitability and ethical standards. He emphasized that the EU should utilize public-private collaborations, reduce investment risks, and draw in private funding to stimulate investments and address the shortfall in development aid.

Mr. Síkela emphasized that the European Union's development strategy ought to prioritize addressing the fundamental issues leading to irregular migration, preventing conflicts, and promoting effective governance. He highlighted the importance of concentrating efforts on the Least Developed Countries and enhancing ties with African nations. Furthermore, he stressed the need for alignment with the EU's Green Deal aims. Mr. Síkela also suggested that the EU should adopt a more confident approach when engaging with partner countries, especially in light of the presence of other, more assertive competitors in areas such as Africa.

Eliminating poverty, priorities of the European

Members of the European Parliament concentrated their inquiries on the Commissioner-designate's strategy regarding the Global Gateway. They questioned how he plans to move the initiative forward to serve the economic interests of the European Union and addressed a seemingly conflicting goal of both expanding markets for the EU and eliminating poverty. Mr. Síkela countered by saying he did not see any contradiction, emphasizing the importance of engaging the private sector to foster sustainable economic development in partner nations.

Financial assistance and learning opportunities

Addressing the European Parliament members' worries regarding the openness and responsibility in the allocation of EU development aid—which covers expenditure, parliamentary supervision, and breaches of human rights—Mr. Síkela emphasized that ensuring the effective use of aid funds will be his main focus.

Addressing concerns from Members of the European Parliament about the EU's declining emphasis on the Sustainable Development Goals (SDGs), Mr. Síkela emphasized the crucial role of private investment in achieving these objectives. He also pledged to uphold the EU's commitment to allocate 10% of its aid budget to education and to explore possibilities for debt relief for partner nations, contingent upon talks with other supportive donor countries.

Several Members of the European Parliament brought up the topic of utilizing development policy to manage migration. This included the idea of tying aid assistance to the obligation of returning migrants. In response, Mr. Síkela stated that he would adopt a comprehensive strategy that aligns with the values of the European Union.

View the complete video footage of the hearing.

Media briefing

Following the hearing, Barry Andrews, the Chair of the Development Committee and a member of the Renew Europe group from Ireland, spoke to the press outside the meeting room.

Subsequent

The head and leaders of the political group will promptly convene to evaluate the abilities and credentials of the proposed Commissioner.

Following the suggestions made by the committee, the Conference of Presidents, consisting of EP President Metsola and the leaders of the political groups, plans to perform the concluding assessment and officially close the hearings on November 21. After the Conference of Presidents announces the closure of all hearings, the evaluation letters will be made public.

Members of the European Parliament are set to vote on the entire group of Commissioners, with the decision made by a majority through a roll-call vote. This election is planned for the plenary session in Strasbourg from November 25th to 28th.

Connections:

Eoghan WALSH

Hana RAISSI

Additional details

Details on the product

Distribute this page:

Updates

The legislature in your nation

Resources

Head of the European Parliament

European Parliament

The Parliament's presence on social networks

Informative resources


Discover more from Automobilnews News - The first AI News Portal world wide

Subscribe to get the latest posts sent to your email.

Continue Reading

SUBSCRIBE FOR FREE

Advertisement
Cars & Concepts1 min ago

2026 Mercedes-Benz CLA EV: Teasing Efficiency and Performance in the Upcoming Electric Sedan

Moto GP42 mins ago

Revving Up the Start: MotoGP Riders Tackle Front Holeshot Challenges and Wheelspin Dynamics

Moto GP1 hour ago

Marc Marquez’s Comeback: Chasing Ducati Dreams and Defying Retirement Regrets

Moto GP2 hours ago

Jorge Martin’s Final Shot: Can He Defy the Odds Against Ducati Before Transitioning to Aprilia?

Moto GP2 hours ago

Yamaha’s V4 MotoGP Engine: A Strategic Shift in Motorcycle Racing Dynamics

F14 hours ago

Disillusioned Hamilton Yearns for End as Final Mercedes F1 Season Falters

Automakers & Suppliers4 hours ago

Exploring Lamborghini’s Cutting-Edge Innovations: Inside the World of Italian Luxury Supercars

Moto GP5 hours ago

Aspar Team’s Rapid Response: €100,000 Raised in Three Days for Valencia Flood Relief Efforts

Moto GP5 hours ago

Quartararo Shines and Bagnaia Battles: Key Takeaways from a Thrilling Malaysian GP Amidst MotoGP Finale Uncertainty

Moto GP6 hours ago

Quartararo’s Brilliance and Bagnaia’s Battle: Unpacking the Thrills of the Malaysian GP Amidst MotoGP Finale Uncertainty

Politics6 hours ago

EU Parliament Grills Commissioner-designate Jessika Roswall on Green Deal, Circular Economy, and Water Resilience Initiatives

Moto GP6 hours ago

Barcelona to Host Decisive 2024 MotoGP Season Finale: Introducing the Motul Solidarity Grand Prix of Barcelona

Politics6 hours ago

Magnus Brunner’s Vision for EU Security and Migration: Key Takeaways from the Commissioner Hearing

Moto GP7 hours ago

Alex Marquez Eyes Crucial Gains with 2025 Ducati Upgrade Amid Reduced Grid Competition

Politics7 hours ago

EU Commissioner-Designate Hadja Lahbib Faces Scrutiny on Equality and Crisis Management Strategies

Moto GP7 hours ago

Bautista Claps Back at Iannone’s Speed Claim: A Spicy Social Media Showdown Ignites MotoGP Rivalry

Business7 hours ago

Driving Success in the Automotive Industry: Insights on Vehicle Manufacturing, Sales, and Beyond

Politics8 hours ago

Maria Luis Albuquerque Faces Scrutiny: EU Commissioner-Designate Outlines Vision for Financial Stability and Innovation

Tech1 month ago

Revving Up Innovation: How Top Automotive Technology Trends are Electrifying and Steering the Future of Transportation

Tech1 month ago

Revving Up Innovation: The Drive Towards a Sustainable Future with Top Automotive Technology Advancements

Tech1 month ago

Revving Up Innovation: How Top Automotive Technology is Shaping Electric Mobility and Autonomous Driving

Tech3 weeks ago

Revving Up the Future: How Top Automotive Technology Innovations are Accelerating Sustainability and Connectivity on the Road

Tech4 weeks ago

Revolutionizing the Road: How Top Automotive Technology Innovations Are Paving the Way for Sustainability and Safety

Tech1 month ago

Revolutionizing the Road: The Top Automotive Technology Innovations Driving Us Toward an Electric, Autonomous Era

Tech3 weeks ago

Revving Up Innovation: How Top Automotive Technology is Shaping an Electrified, Autonomous, and Connected Future on the Road

Tech4 weeks ago

Revving Up Innovation: Exploring the Top Automotive Technologies Fueling a Sustainable and Connected Future

AI2 weeks ago

News Giants Wage Legal Battle Against AI Startup Perplexity for ‘Hallucinating’ Fake News Content

Tech2 weeks ago

Revving Up Innovation: Exploring Top Automotive Technology Trends in Electric Mobility and Autonomous Driving

AI1 month ago

Revolutionizing the Future: How Top AI Innovations from DaVinci-AI.de to AI-AllCreator.com Are Redefining Industries

Cars & Concepts1 month ago

Hyundai and Kia Innovate to Slash LFP Battery Costs and Reduce Dependence on Chinese Suppliers

Cars & Concepts1 month ago

Fiat 500e Production Freeze Continues Amid Sluggish Sales: Stellantis to Discuss Italian Manufacturing Future

AI3 weeks ago

Unlocking the Future: Top Innovations in AI from Machine Learning to Robotics – A Comprehensive Guide

AI3 weeks ago

Google’s NotebookLM Revolutionizes AI Podcasts with Customizable Conversations: A Deep Dive into Kafka’s Metamorphosis and Beyond

AI1 month ago

Revolutionizing the Future: The Impact of Artificial Intelligence and Machine Learning on Global Industries

AI1 month ago

Meta’s Leap into the Future: Introducing Llama 3.2 with Celebrity Voices and Visual AI Capabilities

AI3 weeks ago

Breaking the Bark-rier: AI-Enabled Collars Aim to Translate Pet Thoughts, But Can They Truly Understand Our Furry Friends?

V12 AI REVOLUTION COMMING SOON !

Get ready for a groundbreaking shift in the world of artificial intelligence as the V12 AI Revolution is on the horizon

SPORT NEWS

Business NEWS

Advertisement

POLITCS NEWS

Trending

Chatten Sie mit uns

Hallo! Wie kann ich Ihnen helfen?

Discover more from Automobilnews News - The first AI News Portal world wide

Subscribe now to keep reading and get access to the full archive.

Continue reading

×