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Business & Economy
Oct 10, 2026

Brussels Tells Italy and Greece It Cannot Keep Loosening the Fiscal Rules

The Commission backs energy escape-clause requests from Italy and Greece, but Economy Commissioner Valdis Dombrovskis says Brussels cannot keep adding flexibility while bond yields sit at multi-year highs.

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News & Analysis
Oct 10, 2026

Brussels Says China Will Cut Hybrid Car Exports by More Than Half

After two days of talks in Beijing, Trade Commissioner Maroš Šefčovič says the EU and China agreed to moderate Chinese hybrid exports, opening the prospect of cutting them by more than 50%. Beijing has not confirmed any figure.

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Business & Economy
Oct 10, 2026

France's Bond Rout Meets Le Pen's Budget Pitch as Eurogroup Gathers

French borrowing costs are back near 5% and corporate bonds now look safer than the state. Euro-area finance ministers meet in Luxembourg while the presidential frontrunner sells markets a deficit plan of her own.

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Business & Economy
Oct 10, 2026

EU Finance Ministers Back Direct ESMA Oversight of Major Markets

EU finance ministers agreed in Luxembourg to move supervision of the biggest trading venues, clearing houses and crypto firms to the Paris-based watchdog ESMA. Germany won a carve-out for parts of Deutsche Börse.

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The Europe Debate
Oct 10, 2026

Draghi Counted Europe's Missing Giants. Delivery Stands at 15.7%

In 2024 Mario Draghi said Europe had built no €100 billion company from scratch in fifty years and that close to 30% of its unicorns moved abroad. EPIC's Draghi Implementation Index puts delivery of his 383 recommendations at 15.7% in July 2026.

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Business & Economy
Oct 10, 2026

Centre-Right MEPs Move to Scrap the EU's 'Made in Europe' Industry Law

A group of mostly German conservative MEPs wants to kill the Industrial Accelerator Act, the flagship law France built its industrial strategy around. The attack comes days after Berlin and Paris agreed to press for tougher action on China.

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