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Leaders of EU countries fail to reach consensus on next leadership appointments

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      Leaders of EU countries fail to reach consensus on next leadership appointments

      2024-06-18 12:12 Last Updated At:12:37

      Leaders of European Union (EU) countries on Monday failed to reach a final agreement on candidates for the bloc's top jobs despite lengthy talks at an informal summit in Brussels, Belgium.

      An appointment plan for EU's top positions which was floated by all parties before the informal dinner, showed Ursula von der Leyen for a second term of the European Commission president, Portugal's former primer minister Antonio Costa as the president of the European Council, current European Parliament President Roberta Metsola retaining her job, and Estonia's Prime Minister Kaja Kallas for High Representative of the Union for Foreign Affairs and Security Policy.

      According to the European edition of Politico, leaders of the 27 member states of the EU had a discussion in a room without phones or advisers.

      Though there was a high hope for a consensus, they ultimately ended the summit without an agreement, according to two EU diplomats, which was confirmed by President of the European Council Charles Michel.

      "There is no agreement tonight at this stage," Michel told the media after the informal dinner summit, but did not disclose reasons.

      A senior Hungarian official said at the break that Hungary will not support von der Leyen for a second term as president of the European Commission, according to a media report.

      The official said that von der Leyen does not have good relations with Hungary, so it will be difficult for Hungary to support her re-election.

      In addition, the European Union is also divided on the role of Estonian Prime Minister Kallas as the EU's High Representative for Foreign Affairs and Security policy.

      Kallas is seen as focusing too much on the Russia-Ukraine conflict and neglecting the rest of the world. But she said recently she would focus on other issues, not just Russia and Ukraine, which has won her some support.

      The European Council will formally nominate candidates for EU leadership at the EU Summit to be held from June 27 to 28, but it is still unclear what measures the EU will take to select the next leadership.

      Leaders of EU countries fail to reach consensus on next leadership appointments

      Leaders of EU countries fail to reach consensus on next leadership appointments

      Next Article

      US stocks nosedive on escalating trade tensions

      2025-04-05 00:51 Last Updated At:02:17

      U.S. stocks plunged again during Friday's morning session as investors braced for escalating trade tensions sparked by President Donald Trump's reciprocal tariffs.

      As of 10:15 Eastern Time (14:15 GMT), the Dow Jones Industrial Average had dropped 1,286.43 points, or 3.17 percent, to 39,259.50. The S and P 500 fell 201.77 points, or 3.74 percent, to 5,194.75, while the Nasdaq Composite declined 645.31 points, or 3.9 percent, to 15,905.30.

      Markets also suffered sharp losses on Thursday, with the Dow, S and P 500, and Nasdaq falling 3.98 percent, 4.84 percent, and 5.97 percent, respectively.

      According to U.S. media reports on Friday, the combined market value of the seven major U.S. tech stocks dropped by approximately 1.03 trillion U.S. dollars during Thursday's trading session.

      According to a CNBC report, following China's countermeasures against Trump's so-called reciprocal tariffs, investors are concerned that a potential trade war could push the global economy into recession -- a key factor behind the sharp decline in the U.S. stock market at the opening.

      US stocks nosedive on escalating trade tensions

      US stocks nosedive on escalating trade tensions

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