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Europe Today: caro energia e sanzioni sul petrolio russo dominano il G7 Finanze

I ministri delle Finanze del G7 si riuniscono a Parigi per il secondo giorno di colloqui cruciali su caro energia, sanzioni e su come limitare l’impatto economico delle tensioni nello Stretto di Hormuz. Intanto la premier italiana Giorgia Meloni chiede all’UE di affrontare la crisi energetica con la stessa urgenza della spesa per la difesa.

ALTRE INFORMAZIONI : http://it.euronews.com/2026/05/19/europe-today-shock-energetico-e-sanzioni-sul-petrolio-russo-dominano-i-colloqui-finanziari

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00:15Buongiorno, è Tuesday 19th May, I'm Maeve McMahon and this is Europe Today.
00:21Your daily dose of European news and analysis live here on Euronews.
00:25Coming up, US President Donald Trump has said he is holding off on a military strike on Iran
00:31as Gulf countries told him serious negotiations are taking place.
00:35His comments come as G7 finance ministers and central bank governors gather in Paris
00:41amid rising concern over the economic fallout from the Middle East conflict.
00:46And in a nod to farmers across Europe, Brussels will unveil its so-called Fertiliser Action Plan today.
00:53The million euro plan will be funded by leftover cap funds
00:56and aims to support farmers facing a blockage of fertiliser supplies in the Strait of Hormuz.
01:01But many farmers are concerned and are demanding an exemption from the EU's carbon border tax rules.
01:07Plus, MEPs gather in Strasbourg today to, among other things, try to, quote,
01:13Trump-proof the EU-US Turnberry trade deal.
01:16The heat is on since the US President threatened new tariffs on European cars
01:20and EU capitals are nervous about strong safeguards in case Washington retaliates.
01:26We'll be live in Strasbourg.
01:27But we can start with that G7 finance ministers meeting taking place today in Paris,
01:32where the US Treasury Secretary has already sparked concern
01:36after announcing a pause in sanctions on Russian oil exports.
01:40The talks come as investors remain nervous about inflation,
01:44higher borrowing costs and the long-term economic impact of the war.
01:48For the latest, we're joined here in the studio by our Maria today, our Europe editor.
01:53Maria, these meetings take place at a very crucial time for the European economy.
01:57What can be achieved really today?
01:58Well, yes, for the European economy, but also the global economy,
02:01because we still see the ramifications from the situation in the Middle East
02:06and, of course, the Strait of Hormuz, which is far from operating normally.
02:10Now, for this meeting, it's day two.
02:12This is just to set the scene for our viewers.
02:14An elite gathering of G7 ministers, G7 central bankers,
02:18the head of the European Central Bank, Christine Lagarde, will also be there
02:22and the boss of the Eurogroup.
02:24On the agenda, there's a number of issues which go from trade to sanctions
02:28to, of course, China.
02:30Increasingly, trade tensions between the European Union and the Chinese are palpable.
02:35But to start with, the sanctions yesterday, as you mentioned,
02:38the United States once again confirming and announcing that they will extend this waiver
02:44on Russian oil.
02:45That means that Russian oil that is at sea, that is in transit,
02:50countries will be able to buy it and not be in breach of U.S. sanctions.
02:54So that is significant in terms of what the U.S. is hoping to achieve,
02:58which is to ease some of the concerns of the supply,
03:00but also to bring down some of the price pressures
03:03because of the instability in the Middle East.
03:05The flip side is that Russia will financially benefit from this decision,
03:09which will be in place for the next 30 days.
03:12For the Europeans, this is bad news, and it is a blow to their strategy
03:16because it means, yes, once again, sanctions will be eased on Russian energy.
03:21The Europeans argue it's the complete opposite.
03:24The strategy should be totally, radically different.
03:26This is the time to increase the pressure on the Russians
03:29and not allow them to cash in on global instability.
03:32But the U.S. seems to be concerned, as I mentioned, with global supply.
03:36They say they're also doing this, quote, for vulnerable nations
03:39that are now feeling the heat because of the war.
03:42Of course, obviously, the war is led by the U.S., Israel versus Iran.
03:46And they also argue that it will stop China from stockpiling the oil
03:49that is available for the Europeans.
03:51However, it is a blow to their strategy when it comes to the sanctions.
03:54The other issue that will feature heavily is China and the Chinese overcapacity.
03:58We've talked about this on the show repeatedly on Euronews.
04:01For the Europeans, this is key.
04:03They believe that the Chinese, with this massive overload and capacity,
04:06a lot of that could be, quote, dump, which is not a very polite term.
04:11But the idea is that they will now try to relocate some of their extra production to Europe.
04:16That could have an impact on the European industry not being able to compete on the same terms.
04:20We spoke on Euronews with the Commissioner for Trade,
04:24who said that the EU will not allow this,
04:26that they will fight and really fight hard for every industry and every job.
04:30And at the same time, you're seeing increasingly more defensive measures from the Europeans.
04:34The Financial Times, of course, yesterday reported that the EU could be prepared
04:37to intervene the supply chain.
04:40And there's also been reports that the EU will seriously now consider
04:43plans to diversify suppliers coming into Europe.
04:47So a lot of that will feature heavily in this meeting.
04:49Pretty high stakes meeting. And this meeting comes, of course,
04:51as Vladimir Putin, the Russian president, is on his way to Beijing.
04:54But just tell us as well, speaking of energy,
04:56we've seen Italy's Georgia Maloney upping the ante over deficit rules here in Brussels.
05:00Well, she has. And these two stories, of course, are connected because energy prices,
05:05we've seen now more than three months of elevated energy prices.
05:08The Strait of Hormuz is a crucial point for global oil and is still far from,
05:13as I mentioned, operating.
05:15Normally, all of that is having trickle-down effects on the European industry.
05:18For a country like Italy, really, it's the SMEs.
05:21It's the small and medium companies that are the backbone to this country.
05:26This is having a serious impact.
05:28And the Italian prime minister is facing an election next year, too.
05:31So she's now sending a letter, which hopefully we can put up on the screen.
05:35Maeve, everyone in Brussels got a copy of this letter yesterday.
05:38It was leaked all over the place.
05:40So really, the Italians wanted to send a big message with this.
05:43What they argue is that this is an emergency.
05:45It's just as important as defence.
05:47This is critical for Europe.
05:49And they call on the Commission to relax their fiscal rules.
05:53Remember, for European countries every year, they have to keep their deficit below 3%.
05:58What Georgia Maloney argues is that unless there is an easing on those rules,
06:02unless there's an exemption to measures related to energy,
06:06well, Italy will go above the 3%, or if they don't want to do that,
06:10they will not be able to play into a massive defence programme that the EU wants,
06:14that the Commission wants, which is the SAFE.
06:16So she's really saying, if you want me to play ball on defence,
06:19you need to help me out on energy.
06:21A lot of that, the Italians feel their concerns have not been addressed properly by Brussels.
06:25And all of this is happening in anticipation of a European leaders' summit.
06:28We now see that the Italian leader is saying either we get flexibility on energy
06:34or this is going to have an impact on defence.
06:36We cannot spend for everything.
06:37The problem, however, is Brussels says in order to put forward extraordinary measures,
06:42you need to have a severe economic downturn.
06:45But the EU is not quite there yet.
06:47There is a risk of stagflation, but we've not seen a massive recession manifest.
06:51OK, Maria, so thank you so much for that analysis.
06:54And you can catch more of Maria's analysis on her brand new newsletter that is called Off the Record.
06:58But now we can take you to the French city of Strasbourg,
07:01where MEPs are meeting for a routine voting session.
07:04Tough talks are set to take place late into the night
07:07about whether or not to rubber stamp that controversial EU-US trade deal.
07:12For a refresher first, though, to hear what's at stake, here's our Jakob Janus.
07:18Hey, what are you doing tonight at 9pm?
07:21Maybe going for a date?
07:22If so, bear a fault for European lawmakers and diplomats
07:26is locked tonight in a room in Strasbourg,
07:28desperately trying to prevent an all-out transatlantic trade war.
07:32And the clock is ticking down to an unforgiving 4th of July deadline set by Donald Trump,
07:37who has threatened a 25% tariff on European cars
07:41if Brussels refuses to accept his terms.
07:44All right, so how did Europe end up in this mess?
07:49Last July, Trump and Ursula von der Leyen struck a trade deal in Scotland.
07:53And the maths looked simple.
07:55Zero tariffs on US industrial goods against a 15% cap on European exports.
08:01And all of that was built to protect a relationship with almost 1.7 trillion euros.
08:06And that's a lot of zeros.
08:08But now the European Parliament is pushing back.
08:12After a US Supreme Court ruling against the tariffs,
08:16Washington introduced new duties on steel and aluminium,
08:19effectively violating the treaty before signature.
08:22And European lawmakers argue Europe cannot be bullied,
08:26so they are baking free defensive shields into the text.
08:29The known as Sunrise Clause stoles the deal until Washington drafts these steel duties.
08:35And there is also the Sunset Clause,
08:37which automatically ends the agreement in March 2028,
08:40so just before Trump leaves office.
08:42Finally, there is also the Greenland Clause allowing Brussels to suspend everything
08:48if Trump threatens European territorial integrity again.
08:52And quite predictably, this has split Brussels.
08:56The center-right EPP wants a quick deal to avoid industry chaos.
09:00But the socialists are digging in.
09:02And top European Parliament negotiator Bern Lange insist European legislation
09:07must not be dictated by threats from Washington.
09:10So if negotiators reach a compromise tonight,
09:13the text heads to a plenary vote in June.
09:16But if the deadlock holds,
09:18this massive trade relationship hits a cliffhedge.
09:21And that 4th of July deadline will bring a wave of American tariffs
09:25straight to Europe's doorstep.
09:27So if you are going on a date tonight,
09:30you now have a perfect iceberg at Topic.
09:32And no, you don't have to thank me for that.
09:41Jakub Janus there.
09:42Well, our correspondent in Strasbourg, Vincenzo Genovese,
09:44has plans for tonight.
09:45He'll be covering these crunch talks for Euronews.
09:48And he's standing by for us this morning
09:49in the very European Parliament in Strasbourg.
09:52So good morning, Vincenzo.
09:53Just tell us, it is make or break time now
09:56for the EU-U.S. trade deal.
09:57Tell us more.
10:00It is, Maeve.
10:01Good morning.
10:02Good morning from Strasbourg.
10:03As you said, as you explained,
10:05the clock is ticking.
10:06Pressure is mounting from the U.S. administration
10:09to get this deal done.
10:11But there are still some clauses,
10:13some details to fix.
10:15And we are here with Juliana Zovko,
10:17who is one of the people who will be in the room.
10:19She's the negotiator from the European People's Party.
10:23Why is it taking so long?
10:26But we must understand that we are here
10:29represented by different political groups.
10:32So on one hand, I'm representing European People's Party,
10:35the central-right party that is pro-business,
10:38jobs-orientated, and it's trying to save
10:41European industry and European jobs
10:44and to give them certainty by making this deal done
10:47and by closing this deal.
10:48But on the other hand, you have groups
10:50who are really advocating ideological fight
10:53on the other side of the ocean,
10:57which I'm strictly against.
10:59And we are having all these geopolitical changes
11:02being a part of the deal,
11:04which is not from the start meant to be.
11:07So the prologation extension is despite our will,
11:13despite the will of European People's Party.
11:15The socialists are trying to stick to stricter clauses,
11:18let's say like this.
11:20Okay, but US President Donald Trump said
11:23there is a deadline.
11:24For July, after this, much higher tariffs.
11:27So do you feel the pressure?
11:29But let's say a part of the interpretation
11:33how this European Union is treating the deal
11:37that was done in August last year.
11:39I mean, if I was American,
11:41I would also be confused about our side
11:44of respecting the deal
11:46because Americans have started his part immediately.
11:50The process is much more simple,
11:53but the complex procedure that is completely acceptable
11:58from this side
11:59and all this legislative procedure
12:01is taking a long time.
12:04And ideological fight, as I already said,
12:07in what is going on in the United States.
12:09We, European People's Party,
12:11wanted this deal done immediately,
12:14but I'm afraid we cannot do it on our own.
12:18But do you feel confident for tonight?
12:19I mean, what are the most contentious points?
12:22I know it's a difficult question.
12:24I mean, I felt confident yesterday.
12:27It's like the weather in Brussels
12:30or here in Strasbourg.
12:32It changes, you know, every hour.
12:36And by the news that I'm receiving,
12:39I'm also receiving different messages
12:41from my colleagues.
12:42And I'm not so confident this morning
12:45by the...
12:48What did it change?
12:50No, but I haven't seen that the position has changed.
12:53So we will see.
12:54We have a shadows meeting
12:55and I will discuss with my colleagues
12:57how serious we are to enter into negotiations
13:00to get this deal done tonight.
13:02But what happens if you can't strike a deal?
13:05I mean, this is one of the last chance
13:06to get the deal done
13:08and for it to be approved in June plenary session
13:12so to match Trump's deadline.
13:15What will happen?
13:16It will happen a perfect storm
13:17for our industry, for our jobs,
13:19for our tourism.
13:21I'm from Croatia.
13:22Everything will, you know, spiral
13:24from German car industry
13:27to Italian cheese industry,
13:29wine and everything
13:30to Croatian tourism industry.
13:32The perfect storm will happen
13:34and then the consequences will be clear
13:36who will be paying it.
13:38And from the start, I was saying
13:40I was for our part of the deal
13:41to be respected
13:42and I'm not responsible
13:43for a perfect storm we are running into.
13:46Okay, let's hope not.
13:47Jelena Zovko, thank you very much
13:49and good luck, I think.
13:50Thank you.
13:51I think you need it.
13:52Mayf?
13:53Of course, good luck.
13:54We'll all keep a very close eye
13:55on whether that does end out
13:56to be a perfect storm
13:57and reported here on Euro News.
14:00But Vincenzo, before you go,
14:01tonight MEPs or today
14:03will also be taking a moment out
14:04to hand out the so-called
14:06European Order of Merit prize.
14:07It goes to a figure
14:08who's been working towards
14:10pushing EU values and integration.
14:12There's some well-known figures
14:13up for the prize.
14:14Tell us more.
14:17Yes, indeed.
14:18European Parliament President
14:20Roberta Metzola
14:20will honour the laureates
14:22of the European Order of Merit
14:2420 prominent European figures
14:26have been selected
14:27including Ukrainian President
14:30Volodymyr Zelenskyy,
14:31Moldovan President Maja Sandu,
14:33former Polish President
14:34Lech Walesa.
14:35There are also the Irish rock band
14:37U2 that you know very well
14:38and basketball player
14:40Gianni Santetokounmpo.
14:42But the most controversial name
14:44is probably former
14:45German Chancellor Angela Merkel.
14:47We know her legacy
14:48is quite disputed.
14:50She has been a stabilising force
14:53during her 16 years in power.
14:56She was a reassuring presence.
15:00Indeed, Germans nicknamed her
15:02Mutti, which means mum.
15:04But she had also,
15:06let's say, dark sides.
15:08Well, for example,
15:09the debt crisis,
15:10Germany's interdependence
15:12with Russia,
15:13the appeasement
15:13towards Vladimir Putin
15:15after the annexation
15:16of Crimea in 2014.
15:19The shutdown of nuclear energy
15:21was also a contentious point
15:23and Commission President
15:24Ursula von der Leyen
15:25criticised it
15:26like in the past months.
15:30So opinions are quite divided
15:32on Merkel's legacy
15:33and it will be very interesting
15:35to see how the hemicycle
15:37will react today
15:39to her brief address
15:42here in the plenary
15:43in Strasbourg
15:44at 11.30.
15:45And of course,
15:46we will follow it
15:47on Euronews, Maeve.
15:48We will indeed.
15:49A long morning and night
15:50for you there in Strasbourg,
15:51Vincenzo Genovese.
15:52Thank you so much
15:53for that live update.
15:55But now,
15:55back in Brussels,
15:56exactly 25 years ago,
15:58EU member states
15:59agreed to set up
16:00an EU military committee
16:02to respond initially
16:03to the Balkan conflicts
16:04of the 90s.
16:05And this week,
16:06EU chiefs of defence
16:07from all across Europe
16:08will be flocking
16:09to Brussels to celebrate.
16:10But souring the mood,
16:11of course,
16:12will be the ongoing war
16:13in Ukraine
16:13and the conflict
16:14in the Middle East.
16:15For more,
16:15I'm joined here in the studio
16:16by General Sean Clancy,
16:18that's the chairman
16:19of the EU military committee.
16:20Good morning.
16:21Good to have you with us.
16:22So this week,
16:23as I said,
16:23chiefs of defence
16:24will be flocking
16:24to Brussels to celebrate.
16:26But are you all
16:27on the same page
16:28when it comes to the threats
16:29facing the Union today?
16:30Oh, very much so.
16:31I think flocking
16:32into celebrations,
16:32I think it's a moment
16:33of reflection
16:34more than celebration.
16:35I think it's,
16:36you know,
16:36it's a time to pause
16:37and reflect
16:37how far the European
16:39military committee.
16:40But the European paradigm
16:41of security and defence
16:42has come as a whole
16:43over that period of time.
16:44No more so
16:45in the last four years
16:45and you've mentioned
16:46that Ukraine,
16:47which is the number one
16:47priority for all of us
16:49and the focus of everyone.
16:50Although we do come
16:51from the geographical spaces
16:52throughout Europe,
16:54so it's north,
16:55south, east and west,
16:56and we take all of these
16:57things into consideration.
16:58But Ukraine,
16:59of course,
16:59is the primacy
17:00and the priority
17:01in which we examine it.
17:02And this week,
17:03of course,
17:04with the Chiefs of Defence,
17:05we will be looking
17:06at shaping the challenges
17:08that influence all of us,
17:10what our responses
17:11are to that.
17:12And through our reflections
17:13in our meetings,
17:14then we will be looking
17:15at the key issues
17:17such as the European
17:18security strategy,
17:19the defence readiness,
17:20and primarily then,
17:21of course,
17:22Ukraine,
17:22where will we be joined
17:23by General Sersky
17:24from Ukrainian forces himself.
17:26And you just mentioned
17:26Ukraine this morning,
17:27reporting of reports
17:28of 500 drones,
17:29dozens of missiles
17:30being fired into Ukraine,
17:31a serious escalation
17:32in the last couple
17:33of days there.
17:34Does this forum,
17:35though,
17:35carry any weight?
17:37Well,
17:37this isn't serious escalation.
17:38This, unfortunately,
17:39is happening
17:40on a regular basis.
17:41And the extraordinary
17:43resilience of the
17:44Ukrainian armed forces,
17:45but the Ukrainian people
17:46as a whole,
17:46has transformed Ukraine
17:48into a fortress nation now.
17:50And Ukraine,
17:52from a European point of view,
17:53is integral
17:54to the future security
17:55of Europe.
17:56So this isn't just
17:58beneficiaries
17:58of European charity.
17:59This is strategic
18:01initiative
18:01and imperative
18:02for Europe.
18:03But can the EU
18:04ever transition
18:04to this military powerhouse?
18:07The EU doesn't have
18:08to transition
18:09to a military powerhouse.
18:10Let's be very clear.
18:11The defence
18:12and deterrence
18:12of the Euro-Atlantic area,
18:13the responsibility
18:14for this,
18:15lies with NATO.
18:16Europe brings
18:16huge strength
18:17in terms of
18:18military advices,
18:19in terms of
18:20economic power,
18:21industrial power,
18:22and its ability,
18:23then,
18:24through its
18:25common security
18:25and defence policy
18:26instruments,
18:27to bring stability,
18:28security,
18:29to many areas.
18:30We've seen it
18:30in the Western Balkans,
18:32which was the initial,
18:33I suppose,
18:33start out
18:34through Concordia
18:35of the EU military committee
18:36way back 25 years ago.
18:38But since then,
18:39when we reflect
18:39on what the EU has done,
18:41we see it in the Middle East
18:42through what the EU
18:43is trying to do
18:44in terms of
18:45the Lebanon going forward
18:46with the withdrawal
18:47of UNIFIL.
18:48We see it in terms
18:49of our missions
18:50and operations,
18:5015 of which we have
18:51completed in the last 25 years.
18:53Currently,
18:54there are nine live
18:54missions and operations.
18:55and the power
18:57of the EU
18:58is exercised,
18:59for instance,
19:00through our EU
19:01military assistant mission,
19:02where we have trained
19:0393,000 soldiers
19:05of the Ukrainian armed forces
19:06to date.
19:06And we will continue
19:07unrelentally,
19:08unrelentally doing this
19:10and we will shape
19:11the future
19:12of the armed forces
19:13of Ukraine
19:14with the help
19:15of the 27 member states
19:17working coherently together.
19:19Okay.
19:19Sean Flansky,
19:20thank you so much
19:20for coming in to us today
19:21on your news
19:22on Europe Today.
19:23And for all other news
19:24and analysis
19:25on what's going on today
19:26in Strasbourg
19:27and across Europe,
19:27do visit euronews.com
19:29or reach out to us
19:29at europetoday
19:30at euronews.com.
19:31Take care
19:32and see you soon
19:32on Euronews.
19:59on Euronews.
20:02Grazie.
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