| Welcome to the Brussels Edition, Bloomberg's daily briefing on what matters most in the heart of the European Union.
The EU is watching eagerly to see how the election in its largest economy plays out as Angela Merkel's tenure draws to a close. Social Democrat Olaf Scholz is the favorite to become Germany's next chancellor, but polls suggest he'll need to form a messy three-party coalition to secure power. That would involve either a more centrist alliance with the business-friendly Free Democrats, or a shift in the opposite direction in a tie-up with the anti-capitalist Left party. The trio's composition will have policy implications from taxes and government spending to wages and climate protection. But that outcome won't be clear immediately after the Sept. 26 election. Scholz's main challenger, Armin Laschet, warns that it may take until the end of the year to form a coalition, keeping the bloc on tenterhooks for months. — Lyubov Pronina Not Tapering | Euro-area ministers meet today in Slovenia after European Central Bank's Christine Lagarde said "the lady isn't tapering," describing yesterday's decision as "a recalibration of the pandemic emergency purchase program for the next three months." She cautioned that the delta variant could further delay the full reopening of the economy, as ministers await a Covid update from the European Centre for Disease Prevention and Control. Power Crunch | Europe is facing an energy crunch as supplies of natural gas remain below what's needed to satisfy demand. Any unexpected disruption in electricity supply — like a power plant shutting off or a sudden drop in wind — can send already volatile prices even higher, heightening the pain for consumers as the winter heating season approaches. Booster Battle | Europe is stepping closer to booster shots, with the U.K. regulator saying they're safe while the European Medicines Agency reviews data on third jabs from Pfizer and Moderna. A decision on the use of a Pfizer booster dose six months after the second shot is expected to come in the next few weeks, said Marco Cavaleri, head of vaccines strategy at the EMA. Second Best | Competition is heating up among Europe's top listing venues as the fall IPO rush gathers pace, and Frankfurt and Amsterdam are jostling for second place behind London. With roughly $11 billion of proceeds this year, the two continental listing venues are neck and neck in the race among peers in Europe. German Raid | German prosecutors raided the federal finance and justice ministries in Berlin in a probe into whether officials at an anti-money laundering unit — part of the finance ministry under Scholz — failed to handle cases correctly. It comes at a sensitive point for Social Democrat in his quest to become chancellor. Bitcoin Trading | The governor of Sweden's central bank compared buying and selling Bitcoin to trading stamps, questioning the staying power of currencies without government backing. While Bitcoin has gained endorsements from the likes of Elon Musk, some central bankers have compared it to the tulip bubble of the 17th century, which ended in collapse. Not So Fast | EasyJet rejected a takeover approach from Wizz Air as its Hungarian discount rival sought to take advantage of a recovery in European flights. The decision is a gamble for EasyJet's leadership, which has come under fire from top shareholder Stelios Haji-Ioannou over management of plane purchases and the coronavirus crisis. Pressuring Belarus | Vladimir Putin is trying to draw outcast Belarusian leader Alexander Lukashenko even closer to Russia by pressing him to accept deeper ties with Russia as the two countries stage military exercises.  ECB forecasts show a stronger near-term outlook for prices and growth, though still insufficient to fulfill its mandate. Inflation will average only 1.5% in 2023, below its 2% target. The next big meeting will come in December, when the future of the central bank's stimulus settings is at stake. All times CET. - 8:30 a.m. Eurogroup meeting in Slovenia
- 9 a.m. EPP meeting in Berlin concludes with speech by German Defense Minister Annegret Kramp-Karrenbauer
- 5:45 p.m. Informal economic and finance ministers meeting in Ljubljana over two days
- Europe's top diplomat Joseph Borrell meets Tunisian President Kais Saied
- Commission Vice President Maros Sefcovic visits Northern Ireland
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♯⊗⋮ 2020 Noticias del Gran Mundo PelÃcula Completa En LÃnea released 2020. story: Cinco años después del fin de la Guerra Civil estadounid...
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