BusinessPostCorner.com
No Result
View All Result
Saturday, May 31, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

EU capitals to back new term for Ursula von der Leyen

June 17, 2024
in Finance
Reading Time: 3 mins read
A A
0
EU capitals to back new term for Ursula von der Leyen
ShareShareShareShareShare

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

EU leaders plan to approve Ursula von der Leyen for a second five-year term as president of the European Commission on Monday evening, as the bloc’s capitals choose continuity over change amid the war in Ukraine, tensions with China and political uncertainty in key countries. 

The heads of the EU’s 27 member states will use a private dinner in Brussels on Monday evening to give political backing to von der Leyen remaining in office, diplomats and officials from across the continent said, ahead of a formal rubber-stamping later this month.

“Nobody is discussing any other outcome,” said a senior EU diplomat who has spent the past week in discussions with key capitals. “For her, the die is cast.”

Von der Leyen would then need to win a majority of the newly elected European parliament to remain as the EU’s most powerful official through 2029, running the bloc’s executive branch with the power to regulate the world’s largest single market, propose new legislation and steer the continent’s policy direction.

Her supporters are quietly confident of securing parliament’s assent, given the victory of her centre-right European People’s Party (EPP) in the EU elections this month, and the majority held by centrist parties in the chamber despite a surge in support for the far right.

Von der Leyen is respected for her leadership of the EU through the Covid-19 pandemic and the bloc’s response to Russia’s full-scale invasion of Ukraine. But she has irked some capitals and many in her own commission with her centralised decision-making and a record of pushing the limits of her institutional powers. 

Her campaign stressed the value of stability, and played up the dangers of a change in leadership given the war in Ukraine and the uncertainty in the US-EU relationship that would result from a potential Donald Trump victory in US elections in November.

Her supporters have reinforced that message in the light of the political chaos unleashed in France by President Emmanuel Macron’s decision to call a snap election — a move that startled EU allies who worry about the future influence of the far-right in Paris.

Monday’s private dinner will also feature discussions on who to select for president of the EU Council — the official who chairs meetings of bloc leaders — and for high representative, the bloc’s chief diplomat. 

Officials said Portugal’s former premier António Costa was the clear frontrunner for the former, succeeding Charles Michel, while Estonia’s Prime Minister Kaja Kallas was the most likely choice for the latter, taking over from Josep Borrell.

They cautioned, however, that on the eve of the meeting, neither choice was as definite as von der Leyen.

Von der Leyen, a former German defence minister who was an unheralded choice for the post in 2019, received a boost last week from the bloc’s three most powerful members — France, Germany and Italy — offering their tacit acceptance at the G7 summit.

Following the summit on Italy’s Apulian coast on Friday, French President Emmanuel Macron and German Chancellor Olaf Scholz said they believed a deal would be struck at Monday’s dinner, while Italian Prime Minister Giorgia Meloni said she believed the EPP had the right “to propose a commission president”.

The private dinner has been arranged as a prelude to a formal summit on June 27 and 28 at which a final agreement is due. A parliamentary vote on the next commission president is set for the week of July 15.

“Everyone wants to use [Monday] night to send a crystal clear message . . . so there’s no doubt over what the final decision will be,” said a second senior EU diplomat involved in the negotiations.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Apple supplier TDK claims solid-state battery breakthrough

Next Post

Disney and Pixar’s Inside Out 2 makes record opening weekend

Next Post
Disney and Pixar’s Inside Out 2 makes record opening weekend

Disney and Pixar's Inside Out 2 makes record opening weekend

Winemakers finding Trump’s tariffs hard to swallow

Winemakers finding Trump’s tariffs hard to swallow

May 25, 2025
Trump’s tariffs are headed for a constitutional showdown at the Supreme Court that could reshape presidential power for decades

Trump’s tariffs are headed for a constitutional showdown at the Supreme Court that could reshape presidential power for decades

May 31, 2025
3 benefits of antioxidant-packed tart cherry juice, according to science

3 benefits of antioxidant-packed tart cherry juice, according to science

May 29, 2025
Britain’s two-child benefit cap must go

Britain’s two-child benefit cap must go

May 26, 2025
Art of Accounting: Succeeding by being imaginative

Art of Accounting: Succeeding by being imaginative

May 26, 2025
How Heineken tapped into China’s beer market

How Heineken tapped into China’s beer market

May 25, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Turkey detains five mayors in latest crackdown on opposition

Turkey detains five mayors in latest crackdown on opposition

May 31, 2025
Nigel Farage Vows Pro-Crypto Bill, Bitcoin Reserve If Elected UK PM

Nigel Farage Vows Pro-Crypto Bill, Bitcoin Reserve If Elected UK PM

May 31, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!