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Post-War Rules-Based System Is up for Negotiation, Eurogroup Head Says
- Paschal Donohoe, Eurogroup president and Irish Finance Minister, stated on May 15, 2025, that the post-war rules-based system is being challenged and negotiated in Europe.
- This challenge arises amid preparations for the 2028-2034 EU spending period and ongoing debates over EU defence funding following the COVID-19 recovery fund effort.
- Donohoe highlighted that any defence spending within the EU budget will likely be smaller than national contributions, urging evaluation of the recovery fund before new commitments.
- He highlighted that political systems, while they may not be able to perish outright, are always at risk of deterioration, cautioning that progress should not be taken for granted as upcoming negotiations approach.
- Donohoe expressed cautious optimism about current support but acknowledged that rapidly changing global conditions could significantly affect the negotiation outcomes.
14 Articles
14 Articles
Post-war rules-based system is up for negotiation, Eurogroup head says
Irish Finance Minister and Eurogroup President Paschal Donohoe believes that the institutions that emerged after World War II are being challenged by the United States. In an exclusive interview with Euronews, he warned that history shows that "progress can decline".
The massive increase in US tariffs on goods from the EU is not yet off the table, it is only on ice. The EU hopes for a deal with the US, but at the same time emphasizes its own strength as a trading power. By Jakob Mayr.
EU Trade Officials See Signs of Optimism for US Tariff Deal
Top trade officials from the European Union’s member states expressed increased confidence that they can reach an agreement to dial back the US’s tariff hikes after the Trump administration struck a tentative deal with the UK and agreed to significantly de-escalate its conflict with China.
US says EU going 'much slower' in trade talks but Brussels not ‘under pressure’
When US treasury secretary Scott Bessent this week said Switzerland and Britain had jumped to the front of the queue for a trade deal with the United States, he warned the EU it was moving “much slower”.
EU Trade Ministers meet in Brussels to address the trade war with the US when they assume that at least part of the export tariffs will remain to compensate for Trump's fiscal reformThe EU assumes that Trump will maintain tariffs and advance a plan to balance the impact The EU held its breath with the tariff spiral Donald Trump and Xi Jinping fell on a few weeks ago when they announced charges as if a game of mus were concerned.And, with the unp…
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