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Europe Today : choc énergétique et sanctions sur le pétrole russe dominent le G7 Finances
Les ministres des Finances du G7 se retrouvent à Paris pour un deuxième jour de négociations. Giorgia Meloni appelle l’UE à traiter la crise énergétique avec la même urgence que les dépenses de défense.
LIRE L’ARTICLE : http://fr.euronews.com/2026/05/19/europe-today-choc-energetique-et-sanctions-sur-le-petrole-russe-dominent-le-g7-finances
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Les ministres des Finances du G7 se retrouvent à Paris pour un deuxième jour de négociations. Giorgia Meloni appelle l’UE à traiter la crise énergétique avec la même urgence que les dépenses de défense.
LIRE L’ARTICLE : http://fr.euronews.com/2026/05/19/europe-today-choc-energetique-et-sanctions-sur-le-petrole-russe-dominent-le-g7-finances
Abonnez-vous à notre chaine. Euronews est disponible sur Dailymotion en 12 langues
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NewsTranscription
00:00Sous-titrage Société Radio-Canada
00:30...on a military strike on Iran as Gulf countries told him serious negotiations are taking place.
00:35His comments come as G7 finance ministers and central bank governors gather in Paris amid rising concern over the economic
00:44fallout 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 and aims to support farmers facing a blockage of
00:59fertiliser 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, Trump-proof the EU-US Turnberry Trade
01:15Deal.
01:15The heat is on since the U.S. president threatened new tariffs on European cars and EU capitals are nervous
01:22about strong safeguards in case Washington retaliates will be live in Strasbourg.
01:27But we can start with that G7 finance ministers meeting taking place today in Paris,
01:32where the U.S. Treasury Secretary has already sparked concern after announcing a pause in sanctions on Russian oil exports.
01:40The talks come as investors remain nervous about inflation, higher borrowing costs and the long-term economic impact of the
01:47war.
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 and, of course, the Strait of Hormuz,
02:07which is far from operating normally now for this meeting is day two.
02:12This is just to set the scene for our viewers, an elite gathering of G7 ministers, G7 central bankers,
02:19the head of the European Central Bank.
02:20Christine Lagarde will also be there and the boss of the Eurogroup.
02:24On the agenda, there's a number of issues which go from trade to sanctions to, of course, China.
02:30Increasingly, trade tensions between the European Union and the Chinese are palpable.
02:34But to start with, the sanctions yesterday, as you mentioned, the United States once again confirming and announcing
02:41that they will extend this waiver on 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 because 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 because it means,
03:17yes, 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 and not allow them to cash in on global
03:32instability.
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 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 that 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 for the Europeans.
04:02This is key.
04:03They believe that the Chinese, with this massive overload in capacity, a lot of that could be, quote,
04:08dump, 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, who 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 to intervene the supply chain.
04:40And there's also been reports that the EU will seriously now consider plans to diversify suppliers coming into Europe.
04:47So a lot of that will feature heavily in this meeting.
04:49Pretty high stakes meeting.
04:50And this meeting comes, of course, as Vladimir Putin, the Russian president, is on his way to Beijing.
04:54But just tell us as well, speaking of energy, we've seen Italy's Georgia Maloney upping the ante over deficit rules
04:59here in Brussels.
05:00Well, she has.
05:01And these two stories, of course, are connected because energy prices, we've seen now more than three months of elevated
05:07energy prices.
05:08The Strait of Hormuz is a crucial point for global oil and is still far from, as I mentioned, operating
05:14normally.
05:15All 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.
05:35In May, 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 defense.
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, well, Italy will go above the 3%.
06:08Or if they don't want to do that, they will not be able to play into a massive defense program
06:13that the EU wants, that the Commission wants, which is the safe.
06:16So she's really saying, if you want me to play ball on defense, you need to help me out on
06:20energy.
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 defense.
06:35We 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.
06:51Okay, Maria Tadeo, 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.
06:59But 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, better thought for European lawmakers and diplomats
07:26locked 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 drops these steel duties.
08:34And there is also the Sunset Clause,
08:37which automatically ends the agreement in March 2028,
08:40so just before Trump leaves office.
08:43Finally, there is also the Greenland Clause,
08:46allowing Brussels to suspend everything
08:48if Trump threatens European territorial integrity again.
08:52And quite predictably, this has split Brussels.
08:55The centre-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
09:05insists European legislation must 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 Janos there.
09:42Well, our correspondent in Strasbourg,
09:43Vincenzo Genovese, has 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 for the EU-US 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 US administration to get this deal done.
10:10But there are still some clauses, some 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 taking so long?
10:26But we must understand that we are here represented by different political groups.
10:31So on one hand, I'm representing European People's Party,
10:35the central-right party that is pro-business, jobs-orientated,
10:40and it's trying to save European industry and European jobs
10:44and to give them certainty by making this deal done and by closing this deal.
10:49But on the other hand, you have groups who are really advocating ideological fight
10:53on the other side of the ocean, which I'm strictly against.
10:59And we are having all these geopolitical changes being a part of the deal,
11:04which is not from the start meant to be.
11:08So the prolongation extension is despite our will,
11:13despite the will of European People's Party.
11:15The socialists are trying to stick to stricter clauses, let's say, like this.
11:19Okay, but U.S. President Donald Trump said there is a deadline.
11:24For July, after this, much higher tariffs.
11:27So do you feel the pressure?
11:29But that's a part of the interpretation how this European Union
11:35is treating the deal that was done in August last year.
11:39I mean, if I was an American, I would also be confused about our side of respecting the deal
11:46because Americans have started his part immediately.
11:50The process is much more simple, but the complex procedure that is completely acceptable from this side
11:59and all this legislative procedure is taking a long time.
12:04And ideological fight, as I already said, in what is going on in the United States.
12:09We, European People's Party, wanted this deal done immediately,
12:13but 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.
12:28It's like the weather in Brussels or here in Strasbourg.
12:32It changes, you know, every hour.
12:36And by the news that I'm receiving, I'm also receiving different messages from my colleagues.
12:42And I'm not so confident this morning by the...
12:48What did you change?
12:50No, but I haven't seen that the position has changed.
12:53So we will see.
12:54We have a shadows meeting and I will discuss with my colleagues
12:57how serious we are to enter into negotiations to 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 chances to 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, it will happen a perfect storm
13:17for our industry, for our jobs, for our tourism.
13:21I'm from Croatia.
13:22Everything will, you know, spiral.
13:25From German car industry to Italian cheese industry,
13:29wine and everything to 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 to be respected
13:42and I'm not responsible for a perfect storm we are running into.
13:46Okay, let's hope not.
13:48Zelena Zovko, thank you very much and 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 on whether that does end out to be a perfect storm
13:57and report it here on Euro News.
14:00But, Vincenzo, before you go,
14:01tonight MEPs or today will also be taking a moment out
14:04to hand out the so-called European Order of Merit prize.
14:07It goes to a figure who's been working towards pushing EU values and integration.
14:12There's some well-known figures up for the prize.
14:14Tell us more.
14:17Yes, indeed.
14:18The European Parliament President Roberta Metzola
14:20will honour the laureates of the European Order of Merit
14:24and 20 prominent European figures have been selected,
14:28including Ukrainian President Volodymyr Zelensky,
14:31Moldovan President Maya Sandu,
14:33former Polish President Lech Walesa,
14:35there are also the Irish rock band U2,
14:37that you know very well,
14:39and basketball player Gianni Santetokounmpo.
14:41But the most controversial name
14:44is probably former German Chancellor Angela Merkel.
14:47We know her legacy is quite disputed.
14:50She has been a stabilising force during her 16 years in power.
14:56She was a reassuring presence.
15:00Indeed, Germans nicknamed her Mutti, which means mum.
15:04But she had also, let's say, dark sides.
15:08Well, for example, the debt crisis,
15:10Germany's interdependence with Russia,
15:12the appeasement towards Vladimir Putin
15:15after the annexation of Crimea in 2014,
15:19the shutdown of nuclear energy
15:21was also a contentious point,
15:23and Commission President Ursula von der Leyen
15:25criticised it, like, in the past months.
15:30So opinions are quite divided on Merkel's legacy,
15:33and it will be very interesting
15:36to see how the hemicycle will react today
15:39to her brief address here in the plenary
15:43in Strasbourg at 11.30.
15:45And, of course, we will follow it on Euronews, Maeve.
15:48We will indeed.
15:49A long morning and night for you there in Strasbourg,
15:51Vincenzo Genovese.
15:52Thank you so much for that live update.
15:55But now, back in Brussels, exactly.
15:5725 years ago, EU member states agreed
15:59to set up an EU military committee
16:02to respond initially to the Balkan conflicts of the 90s.
16:05And this week, EU chiefs of defence
16:07from all across Europe
16:08will be flocking to Brussels to celebrate.
16:10But souring the mood, of course,
16:12will be the ongoing war in Ukraine
16:13and the conflict in the Middle East.
16:15For more, I'm joined here in the studio
16:16by General Sean Clancy,
16:18that's the chairman of the EU military committee.
16:20Good morning.
16:21Good to have you with us.
16:22So this week, as I said,
16:23chiefs of defence will be flocking to Brussels
16:25to celebrate.
16:26But are you all on the same page
16:27when it comes to the threats
16:29facing the Union today?
16:30Oh, very much so.
16:31I think flocking into celebrations,
16:33I think it's a moment of reflection
16:34more than celebration.
16:35I think it's, you know,
16:36it's a time to pause
16:37and reflect how far
16:38the European military 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 in the last four years,
16:45and you've mentioned it,
16:46Ukraine,
16:46which is the number one priority
16:48for 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, south, east and west,
16:56and we take all of these things
16:57into consideration.
16:58But Ukraine, of course,
16:59is the primacy
17:00and the priority
17:01in which we examine it.
17:02And this week, of course,
17:04with the chiefs of defence,
17:05we will be looking at
17:07shaping the challenges
17:08that influence all of us,
17:10what our responses are to that,
17:12and through our reflections
17:13in our meetings,
17:14then we will be looking at
17:15the key issues,
17:17such as the European security strategy,
17:19the defence readiness,
17:20and primarily then, of course,
17:22Ukraine,
17:22where will we be joined
17:23by General Siersky
17:24from Ukrainian forces himself.
17:26And you just mentioned Ukraine
17:27this 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 of days there.
17:34Does this forum, though,
17:35carry any weight?
17:37Well, this isn't
17:37serious escalation.
17:38This, unfortunately,
17:39is happening
17:40on a regular basis.
17:41And the extraordinary
17:43resilience of the Ukrainian
17:44armed 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 to the future
17:55security of Europe.
17:56So this isn't just
17:58beneficiaries of European charity.
18:00This is strategic initiative
18:01and imperative for Europe.
18:03But can the EU ever transition
18:04to this military powerhouse?
18:07The EU doesn't have to transition
18:09to a military powerhouse.
18:10Let's be very clear.
18:11The defence and deterrence
18:12of the Euro-Atlantic area,
18:13the responsibility for this
18:14lies with NATO.
18:16Europe brings huge strengths
18:17in terms of military advices,
18:19in terms of economic power,
18:21industrial power,
18:22and its ability then
18:23to, through its
18:25common security
18:25and defence policy instruments,
18:27to bring stability,
18:29security to many areas.
18:30We've seen it
18:30in the Western Balkans,
18:32which was the initial,
18:33I suppose,
18:33start out through Concordia
18:35of the EU military committee
18:36back way 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 the Lebanon
18:45going forward
18:46with the withdrawal
18:46of 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 missions
18:55and operations.
18:56And the power of 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
19:07unrelentily,
19:08unrelentily doing this.
19:10And we will shape
19:11the future of the armed forces
19:13of Ukraine
19:14with the help
19:15of the 27 member states
19:17working coherently together.
19:18OK,
19:19Sean Clansky,
19:20thank you so much
19:20for coming into us today
19:21on Euronews
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 Euronews.com.
19:31Take care
19:31and see you soon
19:32on Euronews.
19:33on Euronews.
19:41Euronews.
19:45Euronews.
19:49Euronews.
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