European Parliament refuses to negotiate EU budget

European Parliament refuses to negotiate EU budget

European Parliament budget negotiators walked out on Thursday night (8 October) from negotiations with member states and suspended all further talks until next week, saying they “will come back to the table once there is a real will from the Council’s side to find an agreement”. “We had no other choice but to interrupt the meeting,” members of the Parliament’s negotiating team on the Multiannual Financial Framework (MFF) and Own Resources (OR) announced. “Progress has been made – with concessions from both sides – on new Own Resources, the role of…

Read More

France fights Brussels over separation of EDF nuclear division

France fights Brussels over separation of EDF nuclear division

French plans to ring-fence EDF’s nuclear arm from the rest of the power giant have triggered differences between Paris and Brussels over how it should be structured, according to a source close to the discussions. European Commission regulators are reviewing the plans, codenamed “Project Hercules”, under which Paris wants EDF’s nuclear power arm ring-fenced, but without an outright split. The differences are clear in a document seen by Reuters which was dated May 6 and carried the letterhead of the APE, which oversees French holdings in state companies including EDF….

Read More