Alphavalue / Divacons | According to Eurostat, Spain recorded the third worst record in the European Union despite having reduced its gas consumption by 10.8% between August 2022 and March 2023 and is among the six countries that have failed to achieve the 15% target, although EU consumption has fallen by 17.7% compared to the average August-March figures between 2017-2022. Data released on Wednesday by the EU statistics office Eurostat...

Bankinter | The US inflation published today is for February, so we should not expect it to ease because it still compares with months in 2022 before the invasion of Ukraine and, therefore, before the sharp price rises. That means that the real litmus test for inflation (both American and European) will take place between April and July, when the March-June records are published. It was in those months that...

The ifo Institute has called for a show of unity toward China. In recent years, the trade imbalance between Germany and China has tipped significantly in China’s favor, but the same is not true for EU-China trade relations, according to an ifo study. “For this reason, it is questionable whether Chancellor Olaf Scholz’s trip to China will on its own be enough to send the right message. It would have...

The countries of the European Union adopted on Thursday the common agricultural policy (CAP) for the period that will apply from January 2023, with which the bloc wants to increase the contribution of the agricultural sector to the fight against climate change and creates a new management model based on national strategic plans. The CAP reform process has taken three years of work between member states and European institutions.

Tristan de Bourbon | "In some cities like Boston, on the coast, half the population and half the schoolchildren came from Eastern Europe. But it is true that immigration does not explain all of Lincolnshire's Brexit vote. Look, even farmers, heavily subsidised by the European Common Agricultural Policy, voted for Brexit because they were fed up with all the European controls. The European system is totally absurd: you receive aid according to the area you own, whether you farm or not," says Edward Leigh, Conservative MP, former Chairman of the British Public Accounts Committee.

European Views | Tensions over agricultural policy have been building steadily since November, when Frans Timmermans, the Vice-President of the EC, and one of the leading figures in the European Green Deal, questioned whether the €258.3 billion (in constant prices) budgeted for the European Agricultural Guarantee Fund (EAGF) and €90 billion for the European Agricultural Fund for Rural Development (EAFRD) were fully compliant with the European Green Deal and EU climate targets as they stood.