The 28 EU leaders are trying to agree on who will steer the bloc over the coming years through the looming challenges of Brexit and the rise of populist parties in Europe.
European leaders descend on Brussels on Tuesday to launch the hunt for a new generation of top EU officials in the wake of elections that shook up traditional alliances.
The European Commission’s next chief is to unveil her new executive team on Tuesday that, from Nov.1, will take on a range of tricky challenges, from climate change to an unpredictable US and the Brexit aftermath.
The decision by Matteo Salvini, leader of the right-wing League, to withdraw his confidence in the coalition government his party makes up with the Five Star Movement and demand immediate elections, has abruptly ended Italy’s brief experiment in “populist coalition” government.
EU lawmakers are expected on Wednesday to finally approve a new executive European Commission under German conservative Ursula von der Leyen after delays and disagreements.
Incoming EU Commission chief Ursula von der Leyen said on Wednesday the rule of law must hold everywhere in the bloc, signalling no respite for nationalist governments
The new proposals reduce the proportion of straight-out grants in the rescue package and raise the proportion of loans that will need to be paid back, in an apparent nod to a group of "frugal” nations led by the Netherlands, the diplomat said.
Germany, France, Italy, Spain and the Netherlands on Friday backed the European Commission’s goal to draw up regulation for asset-backed cryptocurrencies such as stablecoins, according to a draft joint statement.