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Lithuania under pressure from Chinese firms
... millions of euro, and she was told this would escalate. According to one person with knowledge of the discussion, Lithuanian President Gitanas Nauseda also held talks with business executives this week when he was urged to make an immediate de-escalation. Valdis Dombrovskis , the top trade official of the European Union , is trying to mediate between Beijing and Vilnius ahead of a possible EU- China summit in the coming months, said a person with knowledge of the matter. Lithuania belongs to the 27 state bloc....
Updated: 01/21/2022
US speaks with EU official amid Lithuania tensions
... of Taiwan 's mission in the Baltic nation, the US Trade Representative USTR office said in a statement. The statement said on Friday that the United States Trade Representative Katherine Tai spoke with European Commission Executive Vice President Valdis Dombrovskis and expressed the United States ' strong support for the EU and Lithuania in the face of economic coercion from the People's Republic of China , as well as through various avenues such as the US-EU Trade and Technology Council. The two ...
Updated: 01/08/2022
Polish ruling party says Nord Stream 2 is a threat to EU
... checkmates Russia REACTION The row resulted in the EU Commission's decision to withhold recovery funds to Warsaw before the end of the year. At the beginning of December, the approval work is ongoing, according to the European Commission Vice-President Valdis Dombrovskis . It is unlikely that we will be able to finalise it this year. He spoke at the end of the meeting of European finance ministers in Brussels . If the plans had been approved, Poland would have been entitled to a first instalment of 13 percent ...
Updated: 12/27/2021
France accused of selling off EU interests for ideology
... after Poland and Hungary are expected not to benefit from the European recovery plan despite other member states receiving their first instalment this year. The approval work is underway, according to the Vice-President of the European Commission , Valdis Dombrovskis . It is unlikely that we will be able to finalise it this year. The plans were approved, and the two countries would have been entitled to the first instalment of 13 percent of the total 23.9 billion and 7.2 billion euro in subsidies. The ...
Updated: 12/11/2021
EU looks to use anti-extortion law to counter threats
This may include adverts from us and 3rd parties based on our understanding. On Wednesday, EU trade commissioner Valdis Dombrovskis was asked for examples of where the EU's proposed new anti-extortion instrument could work. This may include adverts from us and 3rd parties based on our understanding. On Wednesday, EU trade commissioner Valdis Dombrovskis was asked for ...
Updated: 12/10/2021
EU decides not to approve national recovery plans of Poland, Hungary
... trouble. Most of the other EU member states have received a first instalment this year, so the two countries won't get the first benefits of the European recovery plan. The approval work is ongoing, according to the European Commission Vice-President Valdis Dombrovskis . It is unlikely that we will be able to finalise it this year. He spoke at the end of the meeting of European finance ministers in Brussels . If the plans had been approved, Poland and Hungary would have been entitled to a first instalment ...
Updated: 12/09/2021
Europe now on par with US for the first time since Brexit
... tool. Labour warns that a trade deal could backfire on UK INSIGHT Conservative calls for Downing Street resignations to be caused by the leak REACTION Brexit: 'Shafted! At a time of rising geopolitical tensions, the European Commissioner for Trade Valdis Dombrovskis says that trade is increasingly being weaponised and the EU and its member states become targets of economic intimidation. We need the tools to respond. We are sending a clear message that the EU will stand firm in defending its interests,...
Updated: 12/08/2021
EU to retaliate against countries that put economic pressure on members
... a political tool. Trade is increasingly being weaponised as the EU and its member states become targets of economic intimidation, as a result of rising geopolitical tensions. The tools needed to respond are what the European Commissioner for Trade Valdis Dombrovskis said in a statement. With this proposal, we are sending a clear message that the EU will stand firm in defending its interests. The Commission would need to determine whether a third country's economic measure was designed to coerce the EU ...
Updated: 12/08/2021
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