France is pushing to cut red tape at European Union level, calling for a "massive pause" in new EU regulations, a delay in rules requiring companies to report on their environmental footprint, and changes to even freshly passed laws.

French authorities are calling for the European Union to agree to hold off on new bank capital rules on trading for longer than previously planned after the UK pushed back its implementation to 2027.

France urges the EU to reduce bureaucratic delays and reconsider new regulations that impact competition with the U.S. The proposals, shared in a January 20 document, advocate delaying environmental reporting rules to enhance corporate growth and align with major global economies.

French authorities are calling for a major reworking of the European regulatory framework, starting with ESG rules, to address the bloc’s flailing global competitiveness.Most Read from BloombergWhat Happened to Hanging Out on the Street?

The European Union is set to scale back its highly contested ESG reporting requirements, as France prepares to unveil a formal proposal seeking to limit the scope of the regulatory framework.

In his first term as president (2017-2021), Mr Trump imposed tariffs on a series of European products, including steel and aluminium, in retaliation for a trade dispute between Washington DC and Brussels over their respective subsidies for the aviation firms Boeing (US) and Airbus (French-European).

PARIS/BRUSSELS — France is pushing to delay EU rules requiring companies to report on their environmental footprint and exposure to climate risk and to check that their suppliers comply with environmental and forced labor rules.

The fledgling Paris government is “trying their best” to get a budget through parliament after a previous version sunk its predecessor.

The European Union has told France its plan for slower deficit reduction next year is still within the bloc’s rules, handing Francois Bayrou ’s government a reprieve in its battle to repair creaking public finances.

EU finance ministers on Tuesday formally approved France's multi-annual budget plan, despite its scaled-back ambitions to rein in the country's ballooning budget deficit this year.

The European Union cannot rely on the United States to defend it and must increase military spending and security preparedness to deter Russia from targeting more of its neighbors after Ukraine, senior officials have warned.

President Trump ruffled feathers with his plan to buy Greenland, and a Danish MEP is pushing back in a coarsely worded response put in 'words [he] might understand.'