Renew Europe, a pro-European political group in the European Parliament, has welcomed the cooperation agreement between the European Union and Switzerland, aimed at strengthening ties and addressing critical issues such as transport, electricity, and freedom of movement. The agreement, which marks a significant milestone in Swiss-EU relations, covers key areas like state support, trade, and the movement of persons, reflecting a commitment to enhancing cooperation and ensuring balanced economic development and solidarity. This groundbreaking partnership is the result of a decade of negotiations and will have far-reaching implications for both Swiss and European citizens, businesses, and economies.
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EU ready to talk to US about tariffs but prepared to defend interests, says von der Leyen – video
The European Union is open to discussing import tariffs with the Trump administration, with European Commission president Ursula von der Leyen stating that Brussels is prepared to implement countermeasures if needed. Short-dated yields in the Euro-area dropped to a two-and-a-half-year low amid concerns over the economic impact of US tariffs, prompting a sell-off in stocks and increased speculation of European Central Bank rate cuts. European markets suffered losses as President Trump suggested that tough measures...
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