Commission approves €5 billion German State aid measure to support ESMC in setting up a new semiconductor manufacturing facility

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a €5 billion German measure to support European Semiconductor Manufacturing Company (‘ESMC’) in the construction and operation of a microchip manufacturing plant in Dresden. ESMC is a joint venture between Taiwan Semiconductor Manufacturing Company (‘TSMC’), […]

Sexual violence and famine stalk Sudan’s displaced

This article is published in association with United Nations. Sudan’s deepening humanitarian crisis caused by nearly 16 months of war has left countless women and girls subject to sexual violence and rape and tens of thousands of children at risk of death from hunger, UN aid teams said on Tuesday. Speaking from Sudan, UN Children’s Fund (UNICEF) […]

Gaza: Thousands on the run again following new evacuation order

This article is published in association with United Nations. Thousands of people in Gaza have been fleeing west toward Al Mawasi after the Israel military issued a new evacuation order on Thursday, UN humanitarian partners on the ground have reported. The directive affects people located in parts of eastern and central Khan Younis as well as […]

Eastern Afghanistan reels from fatal storms; dozens dead, hundreds homeless

This article is published in association with United Nations. UN teams and humanitarian partners in Afghanistan are mobilizing in response to devastating windstorms and flash floods that have ravaged eastern regions of the country, resulting in dozens of fatalities and the destruction of hundreds of homes. Nangarhar province, including its capital Jalalabad, is reported to be […]

Human Rights abuses in CAR detention centres need urgent response: UN expert

This article is published in association with United Nations. Immediate action is needed to address human rights abuses in detention centres across the Central African Republic (CAR) according to a new UN report released on Thursday.   The report highlights torture of inmates, ill-treatment, arbitrary and illegal arrest and detention, malnutrition and poor healthcare. Thousands are being […]

New support needed amid preparations for Ukraine’s third wartime winter

MEPs approve “enhanced cooperation” for €90 bi

This article is published in association with United Nations. A new $100 million financial contribution will be given to support displaced and war-affected people in Ukraine as they prepare for the third winter since the start of Russia’s invasion, UN High Commissioner for Refugees Filippo Grandi announced on Thursday during his third wartime visit to Kharkiv.   […]

Bosnian manufacturer expands into new markets with EBRD and EU support

The Commission today presented the Automotive Package to support the sector's efforts in the transition to clean mobility. It sets an ambitious yet pragmatic policy framework to ensure 2050 climate neutrality and strategic independence while providing more flexibility to manufacturers. It also responds to calls by EU industry to simplify rules. The automotive sector has been key to Europe's industrial strength for decades, sustaining millions of jobs and driving technological innovation. As the world is changing, the car industry is transforming through new technologies and actors. Today's package maintains a strong market signal for zero-emission vehicles (ZEV) while giving the industry more flexibility to achieve CO2 targets, and supports vehicles and batteries made in the European Union. The corporate vehicles initiative will support the uptake of zero- and low-emission vehicles. The automotive omnibus enhances competitiveness by saving costs, expected to be approximately €706 million per year, and cutting red tape, while providing greater investment certainty. Commission President von der Leyen said: “Innovation. Clean mobility. Competitiveness. This year, these were top priorities in our intense dialogues with automotive sector, civil society organisations and stakeholders. And today, we are addressing them all together. As technology rapidly transforms mobility and geopolitics reshapes global competition, Europe remains at the forefront of the global clean transition.” Staying the course towards clean mobility with pragmatism The Commission presents a package that addresses both supply and demand of the automotive sector's transition: on the supply side, it presents a review of the existing CO2 emission standards for cars and vans and a targeted amendment to those for heavy-duty vehicles (HDVs). On the demand side, it proposes an initiative to decarbonise corporate vehicles with binding national targets for zero- and low-emission vehicles. The CO2 standards now provide further flexibilities to support the industry and enhance technological neutrality, while providing predictability to manufacturers and maintaining clear market signal towards electrification. From 2035 onwards, carmakers will need to comply with a 90% tailpipe emissions reduction target, while the remaining 10% emissions will need to be compensated through the use of low-carbon steel Made in the Union, or from e-fuels and biofuels. This will allow for plug-in hybrids (PHEV), range extenders, mild hybrids, and internal combustion engine vehicles to still play a role beyond 2035, in addition to full electric (EVs) and hydrogen vehicles. Prior to 2035, car manufacturers will be able to benefit from “super credits” for small affordable electric cars made in the European Union. This will incentivise the deployment on the market of more small EV models. For the 2030 target for cars and vans, additional flexibility is introduced by allowing “banking & borrowing” for 2030-2032. An additional flexibility is granted for the vans segment, where the electric vehicle uptake has been structurally more difficult, with a reduction of the 2030 CO2 vans target from 50% to 40%. The Commission is also proposing a targeted amendment to the CO2 emission standards for heavy-duty vehicles with a flexibility easing the compliance with the 2030 targets. Regarding corporate vehicles, mandatory targets are set at the Member State level to support the zero- and low-emission vehicle uptake by large companies. Having more zero- and low-emission vehicles on the market, both first- and second-hand markets – will benefit all customers. As companies' cars cover higher yearly mileages, it also means more emission reductions. It will also make zero- or low- emissions and “Made in the EU” a pre-requisite for vehicles benefitting from public financial support. Strengthening Europe's own battery industry With €1.8 billion, the Battery Booster will accelerate the development of a fully EU-made battery value chain. As part of the Battery Booster, €1.5 billion will support European battery cell producers through interest-free loans. Additional targeted policy measures will support investments, create a European battery value chain and foster innovation and coordination across Member States. These measures will enhance the cost competitiveness of the sector, secure upstream supply chains and support sustainable and resilient production in the EU, contributing to the derisking from dominant global market players. Less red tape and stronger enabling conditions for the transition The Automotive Omnibus will ease administrative burden and cut costs for European manufacturers, boosting their global competitiveness, and freeing up resources for decarbonisation. Businesses are expected to save approximately €706 million per year, bringing the administrative savings thanks to all omnibuses and simplification initiatives the Commission has presented so far to around €14.3 billion per year. Among other things, it proposes to reduce the number of secondary legislation that will be adopted in the upcoming years and to streamline testing for new passenger vans and trucks. This will reduce costs while maintaining highest environmental and safety standards. The roll-out of electric vans in domestic transport is supported by measures that place them on an equal footing with internal combustion vans regarding drivers' rest times and rules. The Omnibus also introduces a new vehicle category under the Small Affordable Cars initiative, covering electric vehicles up to 4.2 meters in length. This will enable Member States and local authorities to develop targeted incentives, stimulating demand for small EVs made in the EU. The Commission is also updating and harmonising car labelling rules, for customers to have complete information about the cars' emissions when making purchases. Background Today's proposals build on the Automotive Action Plan, and input from industry and key stakeholders gathered during the Strategic Dialogue under President von der Leyen's leadership since January 2025. In January 2025, President von der Leyen launched a Strategic Dialogue on the Future of the Automotive Industry, bringing together industry representatives, social partners, Member States, regions and civil society. Three Dialogue meetings have taken place to date, providing a platform to discuss the challenges and opportunities the sector faces. For more information Questions and answers Factsheet - Taking action for a clean and competitive European automotive sector Factsheet – Revision of the CO2 standards and Corportate vehicles Proposal Automotive Package – webpage (all proposals will be available) Automotive Action Plan – webpage Clean Industrial Deal Net-Zero Industry Act

This article is brought to you in association with EBRD. In Bosnia and Herzegovina‘s industrial landscape, one company stands out: GAT. Specialising in manufacturing parts for the aviation, motorcycle, automotive, lighting, measuring technology and medical industries, GAT has carved out a niche for itself. With expertise in computer numerical control (CNC) milling, CNC turning and surface protection, […]

EIB invests €490 million with ICF to finance the construction of affordable and energy-efficient homes in Catalonia

This article is published in association with European Investment Bank. The European Investment Bank (EIB) and Institut Català de Finances (ICF) have signed a €163 million loan to finance the construction of affordable rental housing with high energy efficiency standards in Catalonia, Spain. This is the first tranche of a total loan of €490 million backed by the […]

EBRD and EU support olive farming in Georgia

This article is brought to you in association with EBRD. When you think of Georgia, one of the first things that springs to mind is its rich winemaking culture. However, hardworking entrepreneurs such as George Svanidze are also exploring new business avenues. In 2009, he planted his first olive grove and, despite the significant risks associated […]

EBRD announces settlement with Chinese construction company CGGC

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has announced a 35-month sanction of the Chinese construction company China Gezhouba Group Company Limited (CGGC) and its 212 subsidiaries, in connection with fraudulent practice relating to the project Corridor VC – Tunnel Prenj in Bosnia and Herzegovina. […]

The Role of Media in Shaping Perceptions of Migration

This article was exclusively written for The European Sting by Ms. Alexandra Lourenço, a fourth-year medical student at the University of Beira Interior, in Portugal. She is affiliated with the International Federation of Medical Students Associations (IFMSA), cordial partner of The Sting. The opinions expressed in this piece belong strictly to the writer and do not necessarily reflect […]

Convergence Report reviews Member States’ progress towards joining the euro area

CESEE Bank Lending Survey reveals positive trends in credit demand and signs of supply improvement

This article is brought to you in association with the European Commission. Today, the European Commission has published the 2024 Convergence Report in which it provides its assessment of the progress non-euro area Member States have made towards adopting the euro. The report covers the six non-euro area Member States that are legally committed to adopting […]

Spain: EIB signs €100 million loan with Government of Catalonia to renovate and build public education facilities

This article is published in association with European Investment Bank. The European Investment Bank (EIB) signed a €100 million loan with the Government of Catalonia in Spain for the renovation and expansion of existing public education facilities and the construction of new schools. The investment will have an impact on all levels of Catalan public education below […]

EBRD lends €15 million to Intesa Sanpaolo Banka

CESEE Bank Lending Survey reveals positive trends in credit demand and signs of supply improvement

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing funding to Intesa Sanpaolo Banka d.d. Bosnia and Herzegovina consisting of €7 million under the SME Go Green Programme and €8 million under the Go Digital in Bosnia and Herzegovina Programme. These new funds are supported […]

Commission sends Statement of Objections to Alchem over first pharmaceutical cartel case in the EU

This article is brought to you in association with the European Commission. The European Commission has informed Alchem International Pvt. Ltd. and its subsidiary Alchem International (H.K.) Limited (together ‘Alchem’) of its preliminary view that they have breached EU antitrust rules by participating in a long-lasting cartel concerning an important pharmaceutical product. Alchem is a producer […]

The Commission decides to refer GREECE to the Court of Justice of the European Union for failing to correctly transpose EU rules on proportionality of professional regulations

This article is brought to you in association with the European Commission. Today, the European Commission decided to refer Greece to the Court of Justice of the European Union for its failure to ensure the correct transposition of the Proportionality Test Directive (Directive (EU) 2018/958) into national legislation. This Directive governs the proportionality assessment of new […]

Commission welcomes new sanctions against disinformation and war propaganda

This article is brought to you in association with the European Commission. The Commission welcomes the Council decision to suspend the broadcasting activities of four more media outlets (Voice of Europe, RIA Novosti, Izvestia and Rossiyskaya Gazeta) in the EU or directed at the EU, in view of their role supporting and justifying Russia’s war of aggression against Ukraine.  Russia has engaged […]

It is time to create an economy that works for all

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Piyachart “Arm” Isarabhakdee, Chief Executive Officer, BRANDi and Companies Since 2020, around two-thirds of newly created global wealth has gone to the top 1%. Now, some might argue, “if you work hard, you succeed.” But working hard is not enough. Capital […]

South Korean nuclear fusion reactor sets new record, and other technology news you need to know

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jochen A Berner, Vice-President Sustainability Strategy, ZF Friedrichshafen AG, Beate Stuis, Senior Manager, ESG Advisory, KPMG 1. South Korean nuclear fusion reactor sets new record A nuclear fusion reactor in South Korea has set a new record, superheating […]

Why the mining sector must dig deep to explain its move towards net zero

EU agrees on a 2040 Climate target that sets a clear path towards a decarbonised and competitive economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Katie Fedosenko, Director, ESG Engagement, Teck Resources, Luciana Gutmann, Project Fellow, Securing Critical Minerals for the Energy Transition, World Economic Forum Many years ago, there was a TV advertisement shot in the kitchen of a family home. All […]

Window-mounted heat pumps could make apartments more sustainable. Here’s how New York is leading the way

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda “Nineteenth-century technology, incompatible with twenty-first-century needs.” That’s how the New York City Housing Authority (NYCHA) describes the old, inefficient steam-heat boiler and radiator networks used by the 528,000 people occupying the 2,400 buildings […]

Could private provision be the key to delivering universal health coverage?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gijs Walraven, Director for Health, Aga Khan Development Network This World Health Day, themed “My Health, My Right,” hones in on the global ambition to see universal access to needed health services without financial hardship, a goal far […]

3 tech pioneers on the biggest AI breakthroughs – and what they expect will come next

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: James Fell, Senior Writer, Formative As predictions go, they don’t come much bigger. “This is going to be the most transformational moment, not just in technology, but in culture and politics of all of our lifetimes.” These are the […]

Human rights breaches in Afghanistan and Venezuela

This article is brought to you in association with the European Commission.

This article is brought to you in association with the European Parliament. On Thursday, the European Parliament adopted two resolutions on the respect for human rights in Afghanistan and Venezuela. The repressive environment in Afghanistan, including public executions and violence against women MEPs are gravely concerned by the humanitarian and human rights crisis in Afghanistan. The […]

EU and the Philippines announce resumption of negotiations for a free trade agreement

This article is brought to you in association with the European Commission. Today, the EU and the Philippines officially announced the resumption of negotiations for an ambitious, modern and balanced free trade agreement (FTA) – with sustainability at its core. Trade agreements such as these are a cornerstone of the EU’s economic security, opening new opportunities […]

Commission takes stock of key achievements on migration and asylum  

This article is brought to you in association with the European Commission. Ahead of the March European Council, the Commission adopted today a Communication taking stock of the achievements in the area of migration and asylum over the last four years. From the beginning of the mandate, the von der Leyen Commission committed to a fresh start on […]

MEPs: EU must actively support Russia’s democratic opposition

This article is brought to you in association with the European Parliament. The Russian state, and Vladimir Putin personally, bear criminal and political responsibility for the death of their strongest opponent, Alexei Navalny, say MEPs. The European Parliament strongly condemns the murder of Alexei Navalny and gives its full support to Yulia Navalnaya in her determination […]

Commission proposes amendment to EU budget 2024 in record time to continue delivering on EU priorities

This article is brought to you in association with EBRD.

This article is brought to you in association with the European Commission. Today, the European Commission adopted a proposal to amend the EU budget for 2024 to reflect the changes made following the agreement between the European Parliament and the Council on the revision of the Multiannual Financial Framework (MFF) for 2021-2027. This amended budget will enable the Union […]

EU and World Bank create new facility to strengthen capacity of civil protection in Europe

This article is brought to you in association with the European Commission. With initial funding of €6 million in 2024, the EU will help civil protection authorities of EU Member States, EU Civil Protection Mechanism Participating States, and Georgia and Kosovo[1] to bolster their capacity to achieve the Disaster Resilience Goals. Today, the European Commission launches a […]

The European Sting is Again Media Partner of GSMA’s Mobile World Congress 2024 #MWC24

The Sting is proudly Media Partner for a tenth year in a row of the World’s Greatest technology congress and exhibition, Mobile World Congress 2024, 4FYN and GLOMO, together with fellow media like Financial Times, Wall Street Journal, Euronews, CNBC, El Pais, La Vanguardia etc. We proudly support GSMA in its cornerstone role in mobile […]

Commission welcomes provisional agreement modernising ship inspections and oversight

This article is brought to you in association with the European Commission. The Commission welcomes the political agreement reached today between the European Parliament and the Council on updating the requirements for the Port State Control of vessels calling at EU ports, and on the flag State requirements for merchant vessels registered in EU Member States. […]

For manufacturers, the circular economy strengthens supply chains. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Henrik Hvid Jensen, Chief Technology Strategist NEE, DXC Technology In an era defined by globalization and the pursuit of efficiency, supply chains have become essential yet vulnerable networks within the global economy. This vulnerability, exacerbated by geopolitical tensions, […]

Frankfurt will be the home of the EU Anti-Money Laundering Authority

This article is brought to you in association with the European Parliament. Frankfurt has been chosen by Parliament and Council as the seat of AMLA, the EU’s new enforcer in the fight against money laundering and terrorism financing. In a joint vote on Thursday, MEPs and EU ambassadors chose Frankfurt to host the EU’s central enforcer […]

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