Link Securities | As part of the conclusions of the European investigation into China’s anti-competitive subsidies, the European Commission (EC) has revised tariffs on Chinese car imports downwards, after gaining a clearer picture of the support enjoyed by China’s car industry, according to Expansión newspaper on Tuesday. In this sense, the EC said yesterday that it considers that Chinese manufacturers enjoy an “unfair” advantage because of the subsidies they receive...

Norbolsa | The European Commission (EC) is finalising new tariffs on Chinese EV imports, following a lengthy investigation into state subsidies. Taxes on these vehicles could rise from the current 10% to around 25%, according to EU sources, but the figures are still being fine-tuned and countries such as Germany are pushing to lower them because of their dependence on China. Berlin has accepted higher tariffs, but is trying to...

Bankinter: European Commission forecasts point to a soft landing for the economy.- GDP: +0.8% versus +0.8% previously in 2024 and +1.4% versus +1.5% previously in 2025. CPI: +2.5% versus +2.7% previously and +2.1% versus +2.2% previously respectively. Analysis: After the downward revision of growth for the Eurozone in the February report, the EC maintains its forecast for 2024 and revises the estimate for 2025 downwards very slightly. The institution continues...

Banca March : The armed conflict between Hamas and Israel has been joined by the sabotage of the Baltic pipeline earlier this month (after the existence of an “external force” was confirmed). While the Commission warns of no negative effects at present, the list of events prolongs the threat to gas supply for the winter. The gas price cap in question, which is triggered if the Dutch TTF index reaches...

Banca March : The European Commission (EC) has identified four technology sectors to limit exports to. The European Union considers the overdependence of semiconductors, artificial intelligence (AI), quantum computing and biotechnology on exports to be a potential risk to the European economy. It therefore calls for unity among the 27 member states before taking action. Manoeuvres could include encouraging investment in these areas, collaboration between countries and export restrictions. Currently,...

Bankinter: It is only a recommendation because fiscal policy is the competence of each member state, but it has consequences on inflation, monetary policy and bonds. The EC relaxed the Fiscal Deficit and Public Debt targets due to the CV19 pandemic (2020) and the Russian invasion of Ukraine (February 2022), but for months it has been insisting on the need to return to fiscal discipline in 2024. The key date...