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Israel's military said Wednesday that its forces killed more than 15 Hamas militants in northern Gaza over the past day and targeted militant infrastructure in a school. The latest deaths bring the Palestinian death toll from Israel’s offensive to 26,900, according to the Hamas-controlled Health Ministry. Here's the latest:150 PEOPLE WERE KILLED IN GAZA IN THE PAST 24 HOURS, HEALTH MINISTRY SAYSRAFAH, Gaza Strip — Gaza’s Health Ministry says 150 people have been killed in the last 24 hours and another 313 were wounded. The nearly four-month war began with Hamas’ Oct. 7 attack in Israel, in which Palestinian militants killed about 1,200 people and abducted another 250. The military said Wednesday that its forces killed more than 15 Hamas militants in northern Gaza over the past day and targeted militant infrastructure in a school.

Persons: Benjamin Netanyahu, ‘, Biden, Jordan, — Biden, he’s, —, Khan Younis, “, Joe Biden’s, Jordan that’s, Yemen’s Houthi, U.N, Israel ”, Antonio Guterres, Houthi, Josep Borrell, Borrell, Arleigh Burke, Yahya Saree, ” Saree Organizations: Gaza’s Health Ministry, Gaza, Health Ministry, West Bank, MINISTRY, AS BIDEN, U.S . Navy, UN, GENEVA, UNRWA, Israel, World Health Organization, UNICEF, International Organization for Migration, Food, U.S . State Department, EU AIMS, The European Union, ’, SEA, U.S . military’s, Command Locations: Gaza, Israel, Iran, EU, Jordan, israel, GAZA, RAFAH, Hama, Gaza City, Khan, IRAN, JERUSALEM, Islamic Republic, Tehran, The U.S, Syria, Red, U.S, United States, ”, U.N, BRUSSELS, Yemen, Belgium, Germany, Iranian, British

The U.N. aid agency serving Palestinians in Gaza faced more funding cuts Monday amid accusations that 12 of its employees were involved in the Oct. 7 attack that sparked the Israel-Hamas war. The allegations over the weekend triggered a wave of funding cuts by major donors, including the U.S., Britain and France. UNRWA employs roughly 13,000 Palestinians in Gaza and says it will be forced to halt operations within weeks if funding isn’t restored. The Palestinian Health Ministry said the boy was killed near the Israeli settlement of Tekoa. The official Palestinian news agency Wafa said that Israeli forces opened fire after clashing with Palestinians from the area.

Persons: Austria, — Biden, Jordan — Israel, Washington, Sebastian Fischer, Jordan, ” Fischer, Wafa, —, ’, Israel, “, Bassem, Awadi, Magen David Adom, ”, Austria “, Israel ” Organizations: The Associated Press, UNRWA, Ministry, US, UN, JORDAN BERLIN —, Foreign, U.S, BANK, West Bank —, West Bank, Palestinian Health Ministry, EU, BRUSSELS, The European Union, European Commission, BAGHDAD, Government, Hamas, JERUSALEM, BERLIN —, Foreign Ministry, Japanese Foreign Ministry Locations: Gaza, Israel, U.S, Britain, France, Hamas, Iran, Jordan, Qatar, Egypt, israel, GERMANY, JORDAN BERLIN — Germany, Tehran, BANK RAMALLAH, West, Tekoa, West Bank, Dura, Hebron, Silwad, Yamoun, Jenin, IRAQ, Syrian, Iraq, Syria, Palestine, Haifa, Tel Aviv, AUSTRIA, BERLIN — Austria, Vienna, Austria, JAPAN, GAZA TOKYO, Japan

☆ Google’s $2.7 billion antitrust fine should be upheld by EU court, top adviser says
▼ + stars: | 2024-01-11 | by ( ) edition.cnn.com time to read: +1 min

Brussels — Google’s €2.42 billion ($2.7 billion) antitrust fine in the European Union should be upheld by Europe’s top court, an adviser to the court said Thursday, dealing a blow to the world’s most popular internet search engine. Juliane Kokott, Advocate General at the Court of Justice of the European Union, said judges should confirm the fine. “Google … was leveraging its dominant position on the market for general search services to favor its own comparison shopping service by favoring the display of its results,” she said. Irrespective of its appeal, the company continues “to invest in our remedy, which has been working successfully for several years, and will continue to work constructively with the European Commission,” a spokesperson said. Google has also challenged two other EU rulings, regarding its Android mobile operating system and AdSense advertising service.

Persons: Juliane Kokott, ”, Margrethe Vestager, Sundar Pichai Organizations: European Union, European Commission, Google, Justice, Big Tech Locations: Brussels, European, United States

☆ Sweden expects Turkey to approve its NATO membership 'within weeks'
▼ + stars: | 2023-11-30 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

BRUSSELS — Sweden expects Turkey to approve its NATO membership "within weeks," the country's foreign affairs minister told CNBC after a months-long impasse over Stockholm's future within the alliance. Sweden sent a formal application to join NATO back in May 2022, alongside Finland. The latter became an official member in April 2023, but Sweden has been kept waiting by member nations Hungary and Turkey. During a NATO summit in July, Turkey's President Recep Tayyip Erdogan agreed to let Sweden into the alliance. "I had a bilateral with my colleague the foreign minister of Turkey, Hakan Fidan, where he told me he expects the ratification to take place within weeks," Swedish Minister for Foreign Affairs Tobias Billström said Wednesday in Brussels.

Persons: Recep Tayyip Erdoğan, Ulf Kristersson, Jens Stoltenberg, Hungary's, Recep Tayyip Erdogan, Hakan Fidan, Tobias Billström, Billström Organizations: Swedish, NATO, BRUSSELS —, CNBC, Kurdistan Workers Party, Foreign Locations: Vilnius, BRUSSELS, BRUSSELS — Sweden, Turkey, Sweden, Finland, Hungary, Turkish, Brussels

Thirty-three Palestinian prisoners released by Israel arrived early Tuesday in east Jerusalem and the West Bank town of Ramallah. Political Cartoons View All 1267 ImagesCurrently:— Israel and Hamas extend their truce, but it seems only a matter of time before the war resumes. So far, Hamas has released 69 hostages, including 51 Israelis, and Israel has released 150 Palestinian prisoners. Fifty Israeli hostages have been freed under the terms of an initial four-day truce, which has been extended to Wednesday. Israel has said it would extend the cease-fire by one day for every 10 additional hostages released.

Persons: Israel, — Israel, — Freed, — Blinken, Israel —, “, Israel — Kfir Bibas, Ariel, Eylon, Kfir’s, ”, William Burns, David Barnea, Burns, Barnea, Isabel Debre, Jon Gambrell, Eli Cohen, Parnpree, Thais, ” Parnpree, Cohen, GAZA WASHINGTON —, Biden, Benjamin Netanyahu, Joe Biden, Constantinos Letymbiotis, Nikos Christodoulides, Christodoulides, Qatar’s, Sheikh Tamim bin Hamad Al Thani, Catherine Colonna, Antonio Guterres, Guterres, ” Israel, ” Elad Levy, Levy’s, Roni Eshel, ” Levy, Antony Blinken, John Kirby, Jason J, Eaton, General Merrick Garland Organizations: Hamas, West Bank, Health Ministry, —, TEL, CIA, DUBAI, United Arab Emirates, Officials, U.S, The Washington Post, Shamir, Thais, GERMANY BERLIN, White, Israeli Defense Forces, Cyprus ’, Cypriot, AP, UNIT, Gaza Health Ministry, Shifa, World Health Organization, PARIS, Foreign, RTL, UN, UNITED NATIONS, United Nations, Palestinian, of Solidarity, AS US, FIRE BRUSSELS, State Department, NATO, Organization for Peace, Security, National Security, MEN, UNIVERSITY OF VERMONT, BURLINGTON , Vermont —, University of Vermont, U.S . Department of Justice Locations: Israel, Gaza, Jerusalem, Ramallah, East, israel, ISRAEL, TEL AVIV, Israeli, Tel Aviv, QATAR, United Arab, Qatar, Egypt, ___, Dubai, United Arab Emirates, JERUSALEM, GERMANY, Germany, Berlin, GAZA WASHINGTON, CYPRUS, GAZA NICOSIA, Cyprus, CAIRO, Shifa, Europe, France, CANBERRA, Australia, Australia’s, Canberra, Ukraine, Brussels, Skopje, North Macedonia, UNIVERSITY, BURLINGTON , Vermont, Vermont, Burlington

☆ Far-right anti-Islam candidate clinches shock Dutch election win. Here's what comes next
▼ + stars: | 2023-11-23 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

Dutch voters have gone to the polls today in one of the most tightly contested general elections in recent years. Next stepsForming a coalition in the 150-seat Dutch parliament is typically lengthy and difficult, even where the victor is not a political pariah. There is still no guarantee Wilders will become the new prime minister, even with his Freedom Party (PVV)'s 37 seats. On fiscal policy, Wilders' party has a "clear populist" bent, said Ester Barendregt, chief economist at Rabobank. Certainly one wish of Geert Wilders is to pay less to Europe.

Persons: Geert Wilders, Carl Court, shockwaves, Wilders, Mark Rutte, Sarah de Lange, Pieter Omtzigt's, de Lange, CNBC's, Ester Barendregt, Barendregt, Liza Mügge Organizations: Party for Freedom, Getty, European Union, Freedom Party, Department of Political Science, University of Amsterdam, Party, Rabobank Locations: SCHEVENINGEN, NETHERLANDS, Dutch, Scheveningen , Netherlands, Netherlands, Brussels, Ukraine, policymaking, U.S, China, Europe

Israeli warplanes are striking targets across Gaza ahead of an expected ground offensive in the besieged Hamas-ruled territory. U.S. President Joe Biden, Prime Minister Justin Trudeau of Canada, President Emmanuel Macron of France, Chancellor Olaf Scholz of Germany, Prime Minister Giorgia Meloni of Italy and Prime Minister Rishi Sunak of the United Kingdom also welcomed the release of two hostages and called for the immediate release of all remaining hostages. ISRAELI PRIME MINISTER WARNS HEZBOLLAH TO STAY OUT OF WARIsraeli Prime Minister Benjamin Netanyahu visited troops stationed near the border with Lebanon, where the Israeli army and Iran-backed Hezbollah militants also have traded fire during the Hamas-Israel war. On Sunday, Associated Press journalists saw seven fuel trucks head into Gaza. Without fuel, aid will not reach many civilians in desperate need.

Persons: Israel, Biden, Austin, Josep Borrell, ” Borrell, ”, Joe Biden, Justin Trudeau of, Emmanuel Macron, Chancellor Olaf Scholz of Germany, Giorgia Meloni, Rishi Sunak, Benjamin Netanyahu, Netanyahu, ISRAEL, Israel “, Juliette Touma, Jordan, ” Philippe Lazzarini, ” Lazzarini Organizations: West Bank, Palestinian Health Ministry, Union, WORLD, Sunday, Israel, U.S, Justin Trudeau of Canada, MINISTER, Iran Hezbollah, United Nations, Associated Press, U.N Locations: Gaza, Israel, Syria, Lebanon, Egypt, israel, BRUSSELS, Luxembourg, France, Italy, United Kingdom, Iran, “, GAZA Israel, Egypt’s, AMMAN

☆ EU's crackdown on Apple, Meta and others is to avoid forced breakups, top official says
▼ + stars: | 2023-09-07 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

BRUSSELS — U.S. tech giants are facing stricter rules in Europe with more regulation announced this week, but one senior European Union official told CNBC the aim is to avoid forced breakups of large businesses. They are Amazon , Alphabet , Apple , Microsoft , Meta and ByteDance, who now have six months to comply with stricter market rules — such as not being able to prevent users from un-installing any pre-installed software or apps, or treating their own services more favorably. The fine could be increased to 20% if the company in question continues to not comply with the rules. "And if they continue, yes, we have tools, including to break up these companies, but I will never want to use it. And I can tell you the discussion that we have with all these companies are professional and I believe are going in the right decision," Breton said.

Persons: Thierry Breton, Breton Organizations: European Union, CNBC, European Commission, Microsoft, Meta, Internal Locations: BRUSSELS, Europe

☆ A teen who lost his $12,000 bike while flying from Europe found it in an airport with an AirTag, but said neither United nor Brussels Airlines would help him retrieve it
▼ + stars: | 2023-09-06 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

A 16-year-old cyclist located his bike using an Apple AirTag. However, using an Apple AirTag, the son quickly found his bike in the Brussels Airport, where Gray hopped on a connecting flight. Still, he told CNN, there was no movement on finding the bike — until he decided to reach out to Brussels Airport. AdvertisementAdvertisement"I just needed someone to care, and finally found someone who did," Barnett told CNN. Brussels Airlines did not immediately respond to a request for comment from Insider.

Persons: Luke Barnett, Gray, Barnett, Ella Dollinschi, We've Organizations: Apple, Service, EF, Cycling team's, CNN, Europe —, Brussels Airport, — United, US Department of Transportation, That's, Brussels, Airport, United Airlines, Brussels Airlines Locations: Wall, Silicon, Europe, Brussels, Greenville , South Carolina, Greenville, Spartanburg, Vermont

☆ In a Bid to Curb Migrants, Europe Strikes a Deal With Tunisia
▼ + stars: | 2023-07-17 | by ( Monika Pronczuk | More About Monika Pronczuk | ) www.nytimes.com time to read: +1 min

BRUSSELS — The European Union has struck a deal with Tunisia to try to stem the number of migrants crossing the Mediterranean, amid heated debate over the fallout of the bloc’s migration policies, including a shipwreck last month that was the deadliest in years. will provide a broad package of support for the North African country’s embattled economy. Tunis, the capital, is a major port city less than 130 nautical miles from the Italian island of Sicily, and even closer to smaller Italian islands. That makes Tunisia not just a source of migrants itself but also a major transit stop for sub-Saharan Africans who are trying to reach Europe. Tunisian authorities have come under fire for alleged rights abuses of sub-Saharan migrants, including rounding up hundreds of them and abandoning them at the desert border with Libya with no food or water.

Organizations: The European Locations: BRUSSELS, Tunisia, Europe, African, Tunis, Sicily, Libya

☆ Analysis: China says it wants peace in Ukraine, but is it only on Russia's terms?
▼ + stars: | 2023-05-29 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +7 min

But Li’s trip has also laid bare the divisions between China and Europe when it comes to how peace can be reached — and served to underline Beijing’s close alignment with Moscow. As such, that’s “not on the table for China,” Tsang said. That stance has horrified much of Europe, and Li’s tour comes as China has been attempting to repair relations there. “No one will do anything against us behind Ukraine’s back, because we have built trusting relationships with all our key partners,” he added. “The crucial question is what message from Europe — Kyiv, Warsaw, Berlin, Paris, and Brussels — Li will deliver in Moscow and Beijing,” he said.

☆ European officials are quietly preparing for the possibility Biden loses the next election
▼ + stars: | 2023-05-22 | by ( Silvia Amaro | ) www.cnbc.com time to read: +4 min

U.S. President Joe Biden (R) meets with President of European Commission Ursula von der Leyen (L) in the White House. This became ever more clear with Russia's invasion of Ukraine, with European leaders welcoming the financial and military support from the largest economy in the world. But it's possible that the current agreement, and working practices, will all come to an end if there's a new president in the White House. The European Commission, the executive arm of the EU, was not immediately available for comment when contacted by CNBC. Ron DeSantis, who is expected to launch his bid for the 2024 presidential campaign later this month, has said he believes the U.S. shouldn't get further involved in the Ukraine war.

☆ E.U. Extends Tariff Waiver for Ukrainian Grain, Despite Some Protests
▼ + stars: | 2023-04-28 | by ( Matina Stevis-Gridneff | ) www.nytimes.com time to read: +1 min

BRUSSELS — European Union ambassadors agreed on Friday to allow Ukraine’s grains into the bloc free of tariffs for another year, while granting more than $100 million in aid for farmers in neighboring E.U. Four of those countries — Poland, Bulgaria, Hungary and Slovakia — had recently enacted unilateral bans on Ukrainian food imports in an effort to contain the problem. “We have a solution which is addressing the concerns both of farmers in neighboring member states and Ukraine,” Valdis Dombrovskis, the E.U. Mr. Dombrovskis said it would include a financial support package of 100 million euros, or about $110 million, for farmers in neighboring member states, from an E.U. “In return, the neighboring member states will be withdrawing their unilateral measures,” he said, referring to the Ukrainian import bans.

☆ With Russia’s Invasion of Ukraine, NATO Readies for Combat on Its Borders
▼ + stars: | 2023-04-17 | by ( Steven Erlanger | ) www.nytimes.com time to read: +1 min

BRUSSELS — Russia’s invasion of Ukraine, the costliest conflict in Europe since World War II, has propelled the North Atlantic Treaty Organization into a full-throttled effort to make itself again into the capable, war-fighting alliance it had been during the Cold War. The shift is transformative for an alliance characterized for decades by hibernation and self-doubt. After the recent embrace of long-neutral Finland by the alliance, it also amounts to another significant unintended consequence for Russia’s president, Vladimir V. Putin, of his war. NATO is rapidly moving from what the military calls deterrence by retaliation to deterrence by denial. They note that in the first days of the Ukrainian invasion, Russian troops took land larger than some Baltic nations.

☆ EU regulators distance themselves from Credit Suisse bond writedowns
▼ + stars: | 2023-03-30 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

Switzerland's second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. BRUSSELS — European regulators distanced themselves from the Swiss decision to wipe out $17 billion of Credit Suisse 's bonds in the wake of the bank's rescue, saying they would write down shareholders' investments first. Dominique Laboureix, chair of the EU's Single Resolution Board, had a clear message for investors in an exclusive interview with CNBC. The Swiss decision has led some Credit Suisse AT1 bondholders to consider legal action, and it sparked uncertainty for bondholders around the world. The Single Resolution Board became operational in 2015 in the wake of the Global Financial Crisis and sovereign debt crisis.

☆ China's liaisons with Russia are fueling an awkward split among European leaders
▼ + stars: | 2023-03-23 | by ( Silvia Amaro | ) www.cnbc.com time to read: +4 min

Russian President Vladimir Putin and Chinese President Xi Jinping at the Kremlin in Moscow, Russia, March 21, 2023. Chinese President Xi Jinping traveled to Russia earlier this week, where both leaders shared mutual concerns, warm words and called one another "dear friend." Speaking alongside Russian President Vladimir Putin, the Chinese leader Xi Jinping predicted voters would re-elect his Russian counterpart next year and described his leadership as "strong." "We have looked very carefully at [the] communication coming out of the Xi Jinping meeting with Vladimir Putin," Dutch Prime Minister Mark Rutte told CNBC. "We very much hope that the phone call will take place as soon as possible between Xi Jinping and Volodymyr Zelenskyy."

Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. BRUSSELS — Microsoft said Tuesday it will bring its Xbox PC games to Nvidia's cloud gaming service. Microsoft President Brad Smith said at a press conference that, effective immediately, its Xbox games will be available on Nvidia's GeForce Now cloud games service. Smith said if the Activision deal closes, it will bring all Activision Blizzard titles to GeForce Now. The commission is also concerned that it could give Microsoft an unfair edge in the nascent area of cloud gaming.

☆ Germany rules out spending 'more and more money' as Europe hopes to avoid subsidy race with the U.S.
▼ + stars: | 2023-02-14 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

European Union officials have been embroiled in tense discussions over how to make the region more competitive in the wake of the U.S. Inflation Reduction Act, also referred to as IRA. The American legislation was approved by U.S. lawmakers in August and includes $369 billion in spending on climate and energy policies. But, according to Christian Lindner, the German finance minister, the answer for the 27-member EU bloc to boost competitiveness is not via more public spending. "We need a better quality of public sector investments, not more quantity of public sector investments," he said. "Belgium is a small market, very open economy, Germany is a big market.

☆ Europe is looking to tackle sky-high debt loads after signs it will dodge a recession
▼ + stars: | 2023-02-13 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

The euro zone is now expected to have reached a GDP (gross domestic product) rate of 3.5% in 2022, rather than the 3.2% estimated in November. BRUSSELS — European officials sighed with relief Monday after new data suggested the region will avoid an economic recession. The euro zone is now expected to have reached a GDP (gross domestic product) rate of 3.5% in 2022, rather than the 3.2% estimated in November. The outlook for this year is also better with an expected GDP rate of 0.9%, compared to the 0.2% growth rate forecast just three months ago. So we need to steer the course and we need to make choices, some of them are difficult," she said.

☆ Zelenskyy completes a tricky charm offensive in Europe as Ukraine prepares for next phase of war
▼ + stars: | 2023-02-10 | by ( Silvia Amaro | ) www.cnbc.com time to read: +5 min

Volodymyr Zelenskyy, Ukraine's president, visited the European headquarters in Brussels, Belgium, on Thursday, Feb. 9, 2023. Weapons, weapons, weaponsZelenskyy was direct in his message to European leaders asking for long-range artillery and ammunition, air defense systems, missiles, fighter jets and battle tanks. He pressured EU leaders to start the process this year. He has a sharp focus and is committed to the Ukrainian cause — he is a very sensible man," one EU official said regarding the Ukrainian president. The official working for a Nordic nation said: "Seeing him in person made [an] impact after a year of video addresses."

☆ Ukraine's Zelenskyy expected to ask for more aid from European leaders in Brussels trip
▼ + stars: | 2023-02-09 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

BRUSSELS — Ukrainian President Volodymyr Zelenskyy is meeting European leaders on Thursday as he continues his second major trip abroad since Russia invaded Ukraine. It is the second time that Zelenskyy is known to have left Ukraine since Russia invaded the country on Feb. 24 last year. Last month, Zelenskyy asked Ukraine's allies for fighter jets — a request that has so far not received the greenlight from Western nations. However, the U.K. said Wednesday it will provide training to Ukrainian pilots to fly fighter jets, and British Prime Minister Rishi Sunak said nothing was off the table when it comes to supporting Ukraine. In Paris, Zelenskyy was also very clear with his requests to the French and German heads of state.

☆ There's nothing but 'zombie arguments' for not giving Ukraine fighter jets, one of its closest partners says
▼ + stars: | 2023-02-09 | by ( Jake Epstein | Sinéad Baker | ) www.businessinsider.com time to read: +5 min

Ukraine has placed advanced Western fighter jets at the top of its military hardware wishlist. He said the way some Western countries approach giving Ukraine weapons needs to be altered, saying there's "certain psychological taboos and I think we need to revise this negative approach." RADOSLAW JOZWIAK/AFP via Getty ImagesAmong the countries that initially rejected the idea of sending fighter jets to Ukraine are the US and UK. On Wednesday, the British government said it would offer to train Ukrainian pilots to fly "sophisticated" NATO-standard fighter jets in the future. The Wall Street Journal reported on Wednesday that the UK was considering the provision of fighter jets.

☆ E.U. outlines plan for clean tech future boosted by subsidies
▼ + stars: | 2023-01-17 | by ( Associated Press | ) www.nbcnews.com time to read: +3 min

“We know that we have a small window to invest in clean tech and innovation to gain leadership before the fossil fuel economy becomes obsolete,” von der Leyen said. EU Commission President Ursula von der Leyen delivers a speech at the World Economic Forum in Davos, Switzerland on Jan. 17, 2023. “We have a compelling need to make this net-zero transition without creating new dependencies,” von der Leyen said. already waved through 672 billion euros ($727.5 billion) in aid to allow member states to deal with the impact of the war in Ukraine, any E.U. member states, European Commission Vice President Margrethe Vestager wrote last week that the U.S. plan “risks luring some of our E.U.

☆ Some crypto backers are purposely taking a 'very dangerous path,' EU regulator says
▼ + stars: | 2022-12-07 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

BRUSSELS — Some market players are purposely avoiding regulation in the crypto space, the EU's top regulator told CNBC as she called for a global approach to protect retail investors. The European Union agreed in June on the Markets in Crypto-Assets (MiCA) regulation. However, she added that some crypto players are choosing to, and are fundamentally against, stricter rules. "Some of those who were involved in crypto, from the very outset, were doing it because they didn't want to be part of the regulated, managed system. Recent crises in the crypto world have clearly exposed the risks for consumers.

☆ Germany says borrowing more money to compete with the U.S. would be a 'threat' to Europe
▼ + stars: | 2022-12-06 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

BRUSSELS — Germany said Europe should refrain from borrowing more money to compete with U.S. green subsidies or its competitiveness will be threatened. European Commission President Ursula von der Leyen said Sunday "new and additional funding at the EU level" will be needed to make European companies more competitive in the transition to a greener economy. "There are some parts of Ursula von der Leyen initiative which [need] to be further debated, especially her proposal of [a] European sovereignty fund. However, they indicate where the commission believes the bloc should go to be in a better position to compete with the United States. "We have all heard the stories of producers that are considering to relocate future investment from Europe to the U.S.," von der Leyen said Sunday.

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