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Free AccessUkraine Support, IRA Response, Migration To Dominate Summit
The European Council summit of 23-24 March is set to be dominated by the issues of continued support for Ukraine, the EU's response to the US Inflation Reduction Act, and migration into the bloc. Speaking to the Italian Senate on 21 March, PM Giorgia Meloni confirmed that she would bring up the issue of migration at the summit, arguing that the EU and its northern nations in particular had “culpably neglected” the issue.
- Politico reports that Franco-German disagreements could dominate the agenda, " France is furious at Germany’s sudden veto of the EU law to make cars emission-free by 2035. At the same time, Paris is fighting for its own favorite non-renewable energy — nuclear power — which it wants included in the EU’s green industry package."
- Leaders set to arrive at the Europa Building from 1030CET on 23 March with doorstep comments. This will be followed by a roundtable session and then a presser from European Parliament President Roberta Metsola and a joint presser from Commission President Ursula von der Leyen and Council President Charles Michel.
- MNI's Policy Team published an article earlier today reporting that an easing of business regulations could be agreed at the summit to counter the IRA (follow link for more details: https://marketnews.com/homepage/mni-eu-to-ease-bus...)
To read the full story
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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.