Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
EU officials face an intense week that will either put the bloc on course for its next mandate or store up trouble. EU finance ministers will try to reach a deal on the long-awaited review of fiscal rules by the end of the week. Before that, EU capitals will signal whether they agree on Spain’s Nadia Calvino to lead the European Investment Bank. On Thursday, member states are hoping to achieve a breakthrough with the European Parliament on a migration pact, while heads of EU institutions attend a bilateral summit in Beijing amid efforts to rebalance the relationship with China. And all of that before the real crunch at next week’s summit of EU leaders, when a €50 billion package for Ukraine risks being derailed by Hungary’s Viktor Orban. We’ll keep you up-to-date on all the key developments.