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Paola Tamma

@paolatamma.bsky.social
603 followers 5 following 57 posts

EU correspondent at Financial Times Made in Italy. Email paola.tamma@ft.com www.ft.com/paola-tamma

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Reposted by Paola Tamma
Henry Foy @henryjfoy.ft.com · 20/04/2026
💥 Germany and France have called for Ukraine to be granted just “symbolic” EU benefits in a semi-membership state that excludes farming subsidies and voting rights, dashing Kyiv’s hopes of fast-track accession to the bloc w @paolatamma.bsky.social & @christopherjm.ft.com as.ft.com/r/2ae0f7af-7...
as.ft.com
France and Germany plan ‘symbolic’ EU membership benefits for Ukraine
Berlin and Paris say no to Kyiv accessing bloc’s budget and having voting rights until it becomes a full member
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Reposted by Paola Tamma
Henry Foy @henryjfoy.ft.com · 21/01/2026
“Nobody is in any mood to stage a grand spectacle around an agreement with Trump right now” said one official, adding that Greenland & the Board of Peace had “eclipsed” Ukraine at Davos w super crew @christopherjm.ft.com @paolatamma.bsky.social @mjruehl.bsky.social as.ft.com/r/4c0e37ac-6...
as.ft.com
Trump row over Greenland derails Ukraine postwar deal
[FREE TO READ] Signature of ‘prosperity plan’ expected at Davos has been postponed amid transatlantic rift
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Paola Tamma @paolatamma.bsky.social · 10/09/2025
One year on, implementation of Mario Draghi's recipe for Europe's economic renaissance is shy and partial, as EU headspace has been preoccupied with crisis mode, analysis found. @alicemhancock.bsky.social @bmoens.bsky.social www.ft.com/content/4423...
ft.com
Europe slow-walks Draghi plan as global rivals surge
A year after former Italian PM’s report on competitiveness, EU implements just 11% of his ideas
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Paola Tamma @paolatamma.bsky.social · 09/08/2025
Trump says Ukraine has to «get ready to sign something» and engage in «some swapping of territories» with Russia as he announces meeting with Putin in Alaska on August 15 - with Amy Mackinnon and @christopherjm.ft.com on.ft.com/3Hs3Y37
on.ft.com
Trump to meet Putin in Alaska as he signals Ukraine may need to cede land
Volodymyr Zelenskyy rejects proposal and insists Ukrainians ‘will not gift their land to the occupier’
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Paola Tamma @paolatamma.bsky.social · 05/08/2025
EU halts retaliatory tariffs as it finalises US trade deal, in spite of tariff relief for cars, exemptions & quota system for steel and aluminium yet to be agreed www.ft.com/content/16c7...
ft.com
EU halts retaliatory tariffs as it finalises US trade deal
Tariff relief for cars, steel and aluminium yet to be agreed
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Paola Tamma @paolatamma.bsky.social · 28/07/2025
Trump said he'll levy "rest of world" with tariff of "15 to 20pc range" aka same or slightly higher than what the EU got by lowering tariffs and committing to +1.3TN$ US purchases/investments. I expect this won't sit well with EU countries ... ft.com/content/d974... via @financialtimes.com
ft.com
Euro fall accelerates on fears EU-US tariff deal will hit growth
Investors warned of damage to Europe’s export sector from trade agreement
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Reposted by Paola Tamma
Financial Times @financialtimes.com · 28/07/2025
Breaking news: Donald Trump has given Russia a shorter window of 10 to 12 days to agree a ceasefire in Ukraine or face tighter sanctions, as his frustration with his Russian counterpart escalates. on.ft.com/4l3yDl8
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Paola Tamma @paolatamma.bsky.social · 28/07/2025
In the aftermath of a handshake and thumbs up picture from Trump's Turnberry golf course - here is what we know of the US/EU trade deal (and what is yet TBD). With @alicemhancock.bsky.social @aimewilliams.bsky.social & Emily Herbert www.ft.com/content/85c5...
ft.com
What have the US and EU agreed on trade?
Most exports from bloc to face 15% tariffs while European market will open to more American imports
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Paola Tamma @paolatamma.bsky.social · 24/07/2025
As public outcry over of Zelenskyy's power grab grows, @christopherjm.ft.com profiles the man behind Ukraine's wartime president: "Yermak has come to personify ..whether centralised powers imposed by the wartime administration might cripple Ukraine’s democratic future once the war ends"
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Christopher Miller @christopherjm.ft.com · 23/07/2025
Ukrainian President Volodymyr Zelenskyy’s controversial move to take control of his country’s anti-corruption bodies poses a risk to European funding and Kyiv’s path to EU accession, top European officials have warned. Story w/ @paolatamma.bsky.social @henryjfoy.ft.com www.ft.com/content/ef23...
ft.com
Ukraine’s reform of anti-corruption bodies puts EU accession at risk, officials warn
Volodymyr Zelenskyy’s move to take control of two agencies has spooked allies in Brussels
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Paola Tamma @paolatamma.bsky.social · 16/07/2025
How NOT to prepare and present a budget proposal to ensure buy in from colleagues and eventually EU countries — who will have to foot the bill. With @henryjfoy.ft.com and @bmoens.bsky.social www.ft.com/content/c88e...
ft.com
Von der Leyen botches €2tn EU budget proposal with chaotic infighting
Centralised and chaotic process has compromised launch of commission president’s spending plan, colleagues say
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Paola Tamma @paolatamma.bsky.social · 16/07/2025
The EU commission will unveil proposals for the bloc's next budget today - this is what we know so far: 1. the amount (TBC) would be a +60pc increase in current prices compared to present budget / continues www.ft.com/content/4dc4...
ft.com
EU sets the scene for two-year fight with budget overhaul proposal
Also in this newsletter: Why the EU needs to step up its game on cloud computing
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Paola Tamma @paolatamma.bsky.social · 14/07/2025
Scoop🚨 Brussels will shift billions in EU funds eastward as it seeks to counter security threats from Russia, a leaked formula underpinning the distribution of the future budget shows. www.ft.com/content/c668...
ft.com
EU budget shake-up to shift billions to eastern states
Leaked Brussels proposal suggests new method for distributing €750bn of farm and development funds
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Paola Tamma @paolatamma.bsky.social · 08/07/2025
In the big budget battle the EU is readying to fight for the next two years, one winner has already emerged: farmers, who secured their subsidies despite efforts to “modernize” the EU budget. Story with the indefatigable @alicemhancock.bsky.social on.ft.com/44jvTes
on.ft.com
EU to ringfence billions of farming subsidies
Brussels reworks plans to protect direct income for farmers in new budget after pressure from industry
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Paola Tamma @paolatamma.bsky.social · 08/07/2025
EU plans ways to fill Ukraine’s budget gap in 2026 as Kyiv grapples with continued Russian attacks that dashed hopes of a ceasefire. With @henryjfoy.ft.com on.ft.com/45T0uAF
on.ft.com
EU pushes to fill Ukraine’s $19bn budget gap next year
Brussels explores options including frontloading G7 loans to ease fiscal strains in Kyiv
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Paola Tamma @paolatamma.bsky.social · 03/07/2025
New 🚨The European Commission plans to propose a new joint debt instrument to tap capital markets in times of crisis, as part of the upcoming EU budget. Read it in @financialtimes.com www.ft.com/content/2f12...
ft.com
Brussels to seek more joint debt in EU budget plan
European Commission to propose mechanism to issue common bonds to fund member states in emergencies
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Paola Tamma @paolatamma.bsky.social · 26/06/2025
NEW: G7 countries reach an agreement that would see US companies exempted from a global taxation deal – in exchange of the US abandoning retaliatory actions against jurisdictions perceives as having discriminatory taxation
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Paola Tamma @paolatamma.bsky.social · 26/06/2025
Ursula von der Leyen faces no-confidence vote over Pfizergate at the same time that she faces crumbling support from the liberals and left over a greenwashing directive, report my colleagues @andybounds.bsky.social + @alicemhancock.bsky.social www.ft.com/content/8162...
ft.com
Ursula von der Leyen faces no-confidence vote over Pfizergate
Far-right motion relating to pandemic scandal threatens to derail European Commission president’s second-term agenda
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Paola Tamma @paolatamma.bsky.social · 25/06/2025
The 🇪🇺 commission is set to give equivalence to non-EU-issued stablecoins, disregarding ECB warnings that it may threaten financial stability. Story with @staffordphilip.bsky.social www.ft.com/content/97c7...
ft.com
Brussels set to disregard ECB warnings over stablecoin rules
European Commission poised to propose treating stablecoins issued outside bloc as interchangeable with EU versions
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Reposted by Paola Tamma
Alice Hancock @alicemhancock.bsky.social · 17/06/2025
EU officials are considering using revenues from a new carbon tax on homes and petrol for the EU budget — a move that one EU official warned would be “completely toxic”. Scoop w/ @paolatamma.bsky.social @henryjfoy.ft.com on.ft.com/4e37WuV
on.ft.com
EU weighs carbon tax on home heating and petrol to fill budget gaps
[FREE TO READ] Commission officials suggest using some revenues raised by unpopular levy due in 2027 to meet bloc’s wider needs
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Paola Tamma @paolatamma.bsky.social · 06/06/2025
EU mulls adding Russia to anti-money laundering list, under pressure from a majority of parliamentarians. Adding 🇷🇺 would likely result in approval of the list, which was voted down last year over the exclusion of 🇦🇪🇬🇮. Story w/ @andybounds.bsky.social www.ft.com/content/2fcd...
ft.com
EU weighs adding Russia to money laundering ‘grey’ list
Moscow’s possible inclusion has ‘huge support’ as Brussels expects to adopt new listing next week after a delay
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Henry Foy @henryjfoy.ft.com · 04/06/2025
Welcome to Europe’s Trumpageddon. Over the next five weeks, the continent must negotiate existential questions over its security, defence and economy with the mercurial US President, as officials fear being forced into a grand bargain that leaves Europe weaker and more vulnerable on.ft.com/3FF7h6g
on.ft.com
Europe confronts Trump’s triple threat on Ukraine, Nato and trade
[FREE TO READ] Officials fear that the US president will play the big issues off against each other over five weeks of wide-ranging talks
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Paola Tamma @paolatamma.bsky.social · 04/06/2025
Bulgaria to join the €zone following years of delays and amid populist backlash. "We consider it a tangible sign of our European identity," PM Rosen Zhelyazkov told me. Story with Marton Dunai. www.ft.com/content/cfe4...
ft.com
Bulgaria to join Eurozone in 2026
County’s populist pro-Russian forces continue to oppose adoption of the euro
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Reposted by Paola Tamma
Henry Foy @henryjfoy.ft.com · 02/06/2025
“Everything was built on the idea that Poland was going to reform fully when the president would be aligned with Tusk & if not things would be going sideways... Now things are going sideways” said @jakubjaraczewski.bsky.social Story w @paolatamma.bsky.social & @lauramdubois.ft.com on.ft.com/4kEoify
on.ft.com
Poland’s new president puts EU billions and trade goals at risk
[FREE TO READ] Karol Nawrocki’s victory in the Polish presidential election will also strengthen Euroscepticism in central Europe, officials fear
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Paola Tamma @paolatamma.bsky.social · 02/06/2025
Polish electoral results, seen from Brussels: expect more friction with Warsaw over trade (Mercosur), rule of law (and connected cash flow) + a general sense of "what now?" With @henryjfoy.ft.com & @lauramdubois.ft.com bois www.ft.com/content/a5a6...
ft.com
Poland’s new president puts EU billions and trade goals at risk
Karol Nawrocki’s victory in the Polish presidential election will also strengthen Euroscepticism in central Europe, officials fear
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Paola Tamma @paolatamma.bsky.social · 27/05/2025
The European Commission and G7 member countries 🇮🇹🇩🇪🇫🇷🇬🇧🇨🇦want to lower to $45/barrell an existing $60 price cap on Russian oil - but 🇺🇸 isn't playing ball. Our scooplet in this morning's Europe Express, alongside @andybounds.bsky.social' tireless trade reporting. Sign up! www.ft.com/content/ef47...
ft.com
EU to keep calm and carry on in trade talks after Trump tariff reprieve
Also in this newsletter: Brussels strains to lower the Russian oil price cap
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Paola Tamma @paolatamma.bsky.social · 26/05/2025
To make sense of US/EU trade madness, the one person to follow is @andybounds.bsky.social. The man doesn't sleep. www.ft.com/content/1447...
ft.com
Brussels starts to dance to Donald Trump’s tune
US president’s tariff escalation has helped unite leaders behind the commission
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Paola Tamma @paolatamma.bsky.social · 26/05/2025
EU to move on tobacco taxation under pressure from 15 EU countries & despite opposition from 🇮🇹🇷🇴🇬🇷. Scoop with @andybounds.bsky.social www.ft.com/content/21ca...
ft.com
EU states urge Brussels to raise cigarette taxes and impose vape levy
Majority of members call on commission to press ahead with bill ‘without delay’
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Paola Tamma @paolatamma.bsky.social · 20/05/2025
The EU commission will likely escalate Romania's excessive deficit procedure in June, in a move that would start a process to withhold Bucharest's EU Funds. Details of Dan's fiscal time bomb, with Marton Dunai, via @financialtimes.com www.ft.com/content/efa8...
ft.com
Romania’s new president faces fiscal time bomb
Nicușor Dan needs to appoint a government to curb spending and keep access to EU funds
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Paola Tamma @paolatamma.bsky.social · 19/05/2025
EU cuts growth outlook as tariffs fuel uncertainty www.ft.com/content/fd16...
ft.com
EU cuts growth outlook as tariffs fuel uncertainty
European Commission expects Eurozone economy to expand by 0.9% in 2025 and 1.4% in 2026
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Paola Tamma @paolatamma.bsky.social · 19/05/2025
EU countries agree on a €150B defence loan scheme - the biggest sticking point had been participation of countries outside the EU, Ukraine or EFTA. The compromise struck allows third countries participation at up to 35% of contract value - a win for 🇮🇹🇩🇪 story with @henryjfoy.ft.com shorturl.at/FGwuq
shorturl.at
EU agrees to launch €150bn loans-for-arms scheme
Member countries can borrow from Brussels and spend on weapons systems and platforms through joint procurement
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Reposted by Paola Tamma
Christopher Miller @christopherjm.ft.com · 14/05/2025
The EU is preparing to apply much higher tariffs on Ukrainian imports within weeks, hitting Kyiv’s economy at a crucial time in its fight against Russian aggression, @andybounds.bsky.social and @paolatamma.bsky.social report. on.ft.com/4kj5q5R
on.ft.com
EU set to impose much higher tariffs on Ukrainian imports
[FREE TO READ] ‘Transitional measures’ will apply as of June, when special measures lapse, if trade talks need more time
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Paola Tamma @paolatamma.bsky.social · 14/05/2025
#Pfizergate: the court ruled in favour of @nytimes.com saying EU commission did not explain why it could not find medsages von der Leyen exchanged with Pfizer CEO 👏 @matinastevis.bsky.social & @alexfanta.bsky.social for keeping EU commission accountable. ✍️ by @lauramdubois.ft.com shorturl.at/FJoak
shorturl.at
EU court rules against Ursula von der Leyen over missing Pfizer texts
European Commission president exchanged messages with US pharmaceutical CEO during negotiations for Covid vaccines
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Wopke Hoekstra @wopkehoekstra.ec.europa.eu · 13/05/2025
Great chat with @paolatamma.bsky.social at the @taxobservatory.bsky.social this afternoon. It was great to see so many tax enthusiasts in the room. We had an in-depth exchange on CBAM, Pillar 1 and 2 and other top priorities on the taxation front.
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Paola Tamma @paolatamma.bsky.social · 13/05/2025
All 👀 on deck Tue 9.30am as the EU court rules whether von der Leyen/Bourla texts ARE documents & need archiving: far from a philosophical Q! HUGE implications for transparency of EU institutions, as FOI extraordinaire @alexfanta.bsky.social explains. Follow our coverage via @lauramdubois.ft.com
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Paola Tamma @paolatamma.bsky.social · 13/05/2025
🇪🇺 capital markets are the Sacred Graal: desirable yet elusive. But for many companies, the quest is no joke: „This isn’t just about start-ups,” BOLT CEO Markus Villig told me. “It’s about Europe’s place in the world.” Read on @financialtimes.com www.ft.com/content/e231...
ft.com
Can Europe finally fix its capital markets?
Stung by its lack of competitiveness, the EU is making a new push to create a deep financial market. Some investors believe this time could be different
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Paola Tamma @paolatamma.bsky.social · 13/05/2025
🇪🇺Commission plans capital controls/trade as an alternative legal basis to ensure its sanctions against Moscow stay in place despite a threatened Hungarian veto. Scoop with @henryjfoy.ft.com & @alicemhancock.bsky.social www.ft.com/content/7f76...
ft.com
EU readies capital controls and tariffs to safeguard Russia sanctions
Alternative legal options explored to circumvent Hungarian veto
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Paola Tamma @paolatamma.bsky.social · 07/05/2025
Sign up to this event by @neweconomics.bsky.social if you want to hear about EU fiscal & monetary policy: is it fit for purpose? See you on May 15th
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Henry Foy @henryjfoy.ft.com · 07/05/2025
Hungary pilfering frozen EU funds through a loophole - @paolatamma.bsky.social EU foreign ministers meet UK's Lammy in Warsaw Solar industry rejects blame for the Iberian blackout - @alicemhancock.bsky.social all in today's @financialtimes.com Europe Express w @lauramdubois.ft.com on.ft.com/3GX9kTl
on.ft.com
How Hungary is using budget loopholes to claw back its frozen EU funds
[FREE TO READ] Also in this newsletter: EU foreign ministers meet their UK colleague, and the solar industry’s take on the Iberian blackout
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Alice Hancock @alicemhancock.bsky.social · 14/04/2025
Europe Express, our Brussels-based Europe newsletter, has won best newsletter at World Association of News Publishers awards 🎉 Huge h/t to @henryjfoy.ft.com @lauramdubois.ft.com who put in the real hard graft to make it happen. Sign up here >> www.ft.com/europe-express
ft.com
Europe Express
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Paola Tamma @paolatamma.bsky.social · 14/04/2025
Trump's silver lining? The rapprochement of European countries (🇪🇺+🇬🇧 but also 🇳🇴 + potentially 🇨🇭🇹🇷) who feel threatened by turmoil unleashed by 🇺🇸 The EU and UK are seeking closer cooperation on defence, with a summit scheduled on May 19 in London - story w/ @henryjfoy.ft.com www.ft.com/content/34cc...
ft.com
UK and EU close ranks on defence amid Trump turmoil
British PM next month will host first summit with bloc’s leaders since Brexit
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Bruegel @bruegel.org · 12/04/2025
📢 Want to join the conversation? Join @guntramwolff.bsky.social @rosabalfour.bsky.social and @paolatamma.bsky.social as they discuss European rearmament at Bruegel's next event on Monday 14 April. ⏰ Sign up to attend in person, or follow the stream online with this link! buff.ly/Uvb5mq3
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Paola Tamma @paolatamma.bsky.social · 11/04/2025
Germany warns against retaliating on US digital services after EU Commission President von der Leyen told @roulak.bsky.social, @henryjfoy.ft.com & @andybounds.bsky.social that the EU could tax Big Tech if no negotiated solution is found in the tariff war. www.ft.com/content/0ab1...
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Reposted by Paola Tamma
Henry Foy @henryjfoy.ft.com · 10/04/2025
💥 EU could levy new taxes on Big Tech companies' digital advertising revenues if negotiations with Trump over trade tariffs fail, Ursula von der Leyen tells @financialtimes.com “It’s a turning point with the United States without any question... We will never go back" on.ft.com/429u02T
on.ft.com
EU could tax Big Tech if Trump trade talks fail, says von der Leyen
[FREE TO READ] European Commission president tells FT she wants ‘balanced’ deal but could hit US services in retaliation
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Paola Tamma @paolatamma.bsky.social · 02/04/2025
NEW💥: UK floats a new defence funding vehicle by a European "coalition of the willing" to jointly purchase and stockpile weapons, the treasury wrote in a paper we saw. By recording capital purchases on its books it would create fiscal headroom. Via @financialtimes.com www.ft.com/content/93d7...
ft.com
UK floats plan for joint European fund to ‘stockpile’ weapons
‘Supranational’ vehicle would purchase for participating states at more favourable borrowing rates
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Christopher Miller @christopherjm.ft.com · 27/03/2025
NEW: We obtained new US proposal. The Trump admin is pushing to gain sweeping control over all of Ukraine’s major minerals and energy assets, while offering Kyiv no security guarantees, in an aggressive expansion of previous demands. w/ @paolatamma.bsky.social www.ft.com/content/896d...
ft.com
US pushes for new and expansive deal to control Ukraine’s minerals and energy
Latest draft sent to Kyiv steps up demands and offers no security guarantees
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Henry Foy @henryjfoy.ft.com · 25/03/2025
Architects of the EU’s landmark artificial intelligence act have urged Brussels to halt “dangerous” moves to water down the rules, which would spare big US tech groups such as OpenAI and Google from key elements of the law. @melissahei.bsky.social & @bmoens.bsky.social www.ft.com/content/9051...
ft.com
EU lawmakers warn against ‘dangerous’ moves to water down AI rules
European Commission considers softening parts of law that could spare Big Tech from key elements
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Paola Tamma @paolatamma.bsky.social · 24/03/2025
Dispatch from Kyiv: Ukraine urges the EU to renew barrier-free trade ahead of a June deadline - a sensitive topic for Kyiv's neighbours. It would be a ‘‘very wrong signal’’ if we do not reach some kind of agreement with the EU,” @SergiiMarchenk3 told me. www.ft.com/content/c04a...
ft.com
Ukraine urges EU to renew duty-free trade deal
Bloc lifted restrictions on Ukrainian imports when Russia invaded in 2022, but support has waned in some countries
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Paola Tamma @paolatamma.bsky.social · 21/03/2025
The US is seeking new terms on a mineral deal with Ukraine, we're told, which would broaden it to other fields and nail down details of a joint investment fund. Story with @christopherjm.ft.com @benhallnews.bsky.social www.ft.com/content/88e4...
ft.com
US seeks to reopen terms of Ukraine minerals deal
Trump administration wants to include nuclear plant under Russian control in broader economic agreement
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Paola Tamma @paolatamma.bsky.social · 19/03/2025
Don't necessarily agree with the conclusion but interesting thread on some overlooked aspects of new EU fiscal rules interpretation by the EU commission.
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