Index Investing News
Saturday, May 23, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

EU’s von der Leyen set to win backing for second term from Germany By Reuters

by Index Investing News
February 19, 2024
in Financial
Reading Time: 2 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter


© Reuters. European Commission President Ursula von der Leyen takes part in a press conference on the day of a European Union summit in Brussels, Belgium February 1, 2024. REUTERS/Johanna Geron/File Photo

By Andreas Rinke and Riham Alkousaa

BERLIN (Reuters) – European Commission President Ursula von der Leyen is expected to secure the backing of her German centre-right party on Monday for a second term, putting her in a strong position to clinch another five years running the European Union’s executive body.

At a meeting of the party leadership, Germany’s opposition Christian Democrats are set to announce that she will be their candidate for Commission president, confirming a widespread assumption that von der Leyen would seek another term.

The 65-year-old former German defence minister is then likely to become the candidate of the pan-European centre-right umbrella group, the European People’s Party, at a congress in Bucharest in March.

The first woman to hold the job, von der Leyen steered the EU through the COVID-19 pandemic, the formal exit of Britain from the bloc and the ructions following Russia’s full scale invasion of Ukraine in 2022.

She would begin a second term at a time when Europe is focusing on how to strengthen its security, with Russia waging a war on its borders and the possibility of former U.S. President Donald Trump returning to the White House.

At a security conference in Munich at the weekend, von der Leyen said the Commission would present a defence strategy proposal aimed at fostering higher and more efficient spending with joint procurement and agreements to provide predictability to industry.

The leaders of the EU’s 27 member countries will choose the Commission president after elections to the European Parliament in June.

BROAD BACKING

By convention, they choose a candidate from the grouping that has come first in the EU elections. As polls show the EPP has a strong lead and von der Leyen enjoys broad backing among EU leaders, she seems likely to win another term.

Her highest hurdle may be getting her Commission confirmed by a majority in the Parliament.

Attempting to remain neutral as the Commission’s head for as long as possible, von der Leyen has not yet said publicly whether she wants a second stint.

But last month the head of Germany’s conservatives in the European parliament, Daniel Caspary, made clear he expected the EPP to nominate her.

CDU leader Friedrich Merz and von der Leyen will give a statement on the European election campaign after the party’s federal executive committee later on Monday.

Despite a rise in far-right populist parties in a number of the EU’s 27 states, the EPP, the oldest group in the European parliament, has kept a large lead among other European groups, according to opinion polls.



Source link

Tags: BackingDerEUsGermanyLeyenReutersSettermVonWin
ShareTweetShareShare
Previous Post

Russia has yet to establish official cause of Navalny’s death, spokeswoman says By Reuters

Next Post

2023 NBA points per game leaders

Related Posts

TDV: Technology Dashboard For May (BATS:TDV)

TDV: Technology Dashboard For May (BATS:TDV)

by Index Investing News
May 15, 2026
0

This article was written byFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience...

Microsoft Israel chief leaves amid ethical controversy

Microsoft Israel chief leaves amid ethical controversy

by Index Investing News
May 11, 2026
0

Last week Microsoft Israel, the local marketing and sales office of the US software giant, announced the departure of...

Dabur India net up 16% at ₹362 crore in March quarter, revenue up 7.3%

Dabur India net up 16% at ₹362 crore in March quarter, revenue up 7.3%

by Index Investing News
May 7, 2026
0

Mohit Malhotra, Global CEO, Dabur India Dabur India posted a consolidated net profit of ₹362 crore in the March quarter,...

A .5 Billion Contract Isn’t Enough Without Profits

A $7.5 Billion Contract Isn’t Enough Without Profits

by Index Investing News
May 3, 2026
0

Quick Read Jim Cramer said no to Applied Digital (APLD) despite its $7.5 billion CoreWeave contract, arguing the company is...

Sam Hartzmark on Dividends – Meb Faber Research

Sam Hartzmark on Dividends – Meb Faber Research

by Index Investing News
May 19, 2026
0

Sam Hartzmark may be the most knowledgeable person on irrational investor behavior related to dividends. Last...

Next Post
2023 NBA points per game leaders

2023 NBA points per game leaders

ARM Holdings: An Important Player In The AI Revolution (NASDAQ:ARM)

ARM Holdings: An Important Player In The AI Revolution (NASDAQ:ARM)

RECOMMENDED

Cleveland misses chance to challenge call on instant replay

Cleveland misses chance to challenge call on instant replay

October 18, 2022
The intersection of historic preservation in D.C. and urban planning

The intersection of historic preservation in D.C. and urban planning

October 26, 2022
The US should play to its strengths to compete with China in Latin America

The US should play to its strengths to compete with China in Latin America

February 16, 2025
Will oil costs go down with Biden’s Saudi go to? : shares

Will oil costs go down with Biden’s Saudi go to? : shares

June 18, 2022
Trump-linked American Bitcoin secures Nasdaq itemizing by merger with Gryphon Digital Mining

Trump-linked American Bitcoin secures Nasdaq itemizing by merger with Gryphon Digital Mining

May 12, 2025
Tech View: Nifty ends above 20-DMA for 3rd day. What traders should do on Friday

Tech View: Nifty ends above 20-DMA for 3rd day. What traders should do on Friday

February 15, 2024
Iranian university students conduct sit-down strikes in defiance of government crackdown

Iranian university students conduct sit-down strikes in defiance of government crackdown

November 1, 2022
Terra-Victim Invictus Capital Defaults on M TrueFi Loan

Terra-Victim Invictus Capital Defaults on $1M TrueFi Loan

November 1, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In