Europe gears up for its China counterpunch

Brussels is getting increasingly worried about its economic relationship with Beijing … but the bloc doesn’t want to bring out the big guns just yet.

While the EU already has the infamous ‘trade bazooka’ at its disposal, the Commission is considering a new tool to address Chinese overcapacity and dangerous dependencies. Our colleague Camille Gijs has spoken with EU Trade Commissioner Maroš Šefčovič to learn more. Hosts Zoya Sheftalovich and Ian Wishart discuss what he said in the interview.

Next, EU defense ministers are meeting in Ireland today, and Ukraine is right at the top of the agenda. The big question will be whether the bloc can help ease Kyiv’s shortage of missile interceptors.

And finally, is Europe’s most prominent right-wing think tank, MCC Brussels, imploding … or is it morphing into something new?

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#Eurozone: #ECB officials question whether #Euro has strengthened too much, by @OlafStorbeck and Ian Smith | Financial Times

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ECB officials question whether euro has strengthened too much

Policymakers at central bank fret that a surging currency increases the risk of inflation undershooting

www.ft.com

[Featured] #Trade: #EU splits weaken its hand in crunch trade talks with #Trump, by @_Zimmerfrau and @_AriHawkins | Politico

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EU splits weaken its hand in crunch trade talks with Trump

European capitals are pulling in different directions ahead of a decisive round of trade talks in Washington. 

www.politico.eu

#EUDefence: The Italian job - How #Rome plans to work around #NATO spending hike, by @giuseppe_fonte, @AmanteAngelo and Gavin Jones | Reuters 

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The Italian job: how Rome plans to work around NATO spending hike

Italy, along with other NATO countries, has agreed to sharply increase defence spending over the next decade, but ...

www.reuters.com

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