MNI: China CFETS Yuan Index Up 0.83% In Week of Dec 20

MNI: PBOC Net Drains CNY643.5 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1870 Mon; -2.26% Y/Y

MNI China Daily Summary: Friday, December 20

MNI: PBOC Net Drains CNY103.5 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1901 Fri; -2.13% Y/Y

EZ/UK Bond Supply Calendar: BOE APF Sales Due 6 January

EZ/UK T-Bill Calendar: Greece to Sell Bills Monday

EZ/UK Bond Supply Calendar: BOE APF Sales Due 6 January

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EU: Final Day Of Commissioner Hearings Underway, Exec VPs Face MEPs Questions

EU
USGlobalHomepagemarkets-real-timeCommoditiesPolitical Risk BulletEnergy BulletsBulletPower BulletsMarketsFixed Income BulletsForeign Exchange BulletsRegionNorth America

The Commissioners-designate to serve as High Representative for Foreign Affairs and Security Policy and Executive VP for Cohesion and Reforms, Estonia's Kaja Kallas and Italy's Raffaele Fitto respectively, are coming towards the end of their hearings before the relevant European Parliament committees. 

  • Livestreams here (Kallas) and here (Fitto). Later today, Romania’s Roxana Mînzatu (Exec VP for People, Skills, Preparedness, S&D) and France’s Stéphane Séjourné (Exec VP Industrial Strategy, RE) face questions at 1430CET. Hearings conclude with 1830CET session involving Spain’s Teresa Ribera (Exec VP Energy Transition, S&D) and Finland’s Henna Virkkunen (Exec VP Tech Sovereignty & Security, EPP).
  • Some of Kallas' comments: she supports EU-Mercosur trade deal ("this void will be filled by China...If we are not there, they are."); supports permanent sanctions on Russia; she supports use of frozen Russian assets held in the EU to rebuild Ukraine; on China: "China has changed over the past two years it is now more a competitor and systemic rival,"
  • Fitto, hailing from the right-leaning European Conservatives and Reformists (ECR) group has received a more hostile reception than Kallas. As Politico reports, "If Fitto fails to get the support of [moderates], and if he misses the two-thirds majority of votes among coordinators, he can still be confirmed by a simple majority within the regional affairs committee. However, to do so he would need backing from the far-right group ESN, which includes Germany’s AfD. For the German center-right party CDU — a member of the EPP group — that would be politically difficult to handle"
251 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

The Commissioners-designate to serve as High Representative for Foreign Affairs and Security Policy and Executive VP for Cohesion and Reforms, Estonia's Kaja Kallas and Italy's Raffaele Fitto respectively, are coming towards the end of their hearings before the relevant European Parliament committees. 

  • Livestreams here (Kallas) and here (Fitto). Later today, Romania’s Roxana Mînzatu (Exec VP for People, Skills, Preparedness, S&D) and France’s Stéphane Séjourné (Exec VP Industrial Strategy, RE) face questions at 1430CET. Hearings conclude with 1830CET session involving Spain’s Teresa Ribera (Exec VP Energy Transition, S&D) and Finland’s Henna Virkkunen (Exec VP Tech Sovereignty & Security, EPP).
  • Some of Kallas' comments: she supports EU-Mercosur trade deal ("this void will be filled by China...If we are not there, they are."); supports permanent sanctions on Russia; she supports use of frozen Russian assets held in the EU to rebuild Ukraine; on China: "China has changed over the past two years it is now more a competitor and systemic rival,"
  • Fitto, hailing from the right-leaning European Conservatives and Reformists (ECR) group has received a more hostile reception than Kallas. As Politico reports, "If Fitto fails to get the support of [moderates], and if he misses the two-thirds majority of votes among coordinators, he can still be confirmed by a simple majority within the regional affairs committee. However, to do so he would need backing from the far-right group ESN, which includes Germany’s AfD. For the German center-right party CDU — a member of the EPP group — that would be politically difficult to handle"