NextGenerationEU: European Commission raises €5 billion in green bonds in successful 10th transaction

This article is brought to you in association with the European Commission. The European Commission has today issued a further €5 billion in NextGenerationEU green bonds in the 10th syndicated transaction under the NextGenerationEU recovery instrument. The long 25-year bond due on 4 February 2048 was over six times oversubscribed, a very positive outcome, especially bearing […]

Disinformation: Commission welcomes the new stronger and more comprehensive Code of Practice on disinformation

This article is brought to you in association with the European Commission. Today, Commission welcomes the publication of the strengthened Code of Practice on Disinformation. The 34 signatories, such as platforms, tech companies and civil society followed the 2021 Commission Guidance and took into account the lessons learnt from the COVID19 crisis and Russia’s war of […]

Antitrust: Commission carries out unannounced inspections in the water infrastructure sector over alleged bid-rigging

This article is brought to you in association with the European Commission. The European Commission is conducting unannounced inspections in a Member State at the premises of companies active in the construction of networks and treatment plants for drinking water and wastewater. The Commission has concerns that certain companies may have violated EU antitrust rules that […]

Commission welcomes political agreement on Gender Balance on Corporate Boards

This article is brought to you in association with the European Commission. The European Commission welcomes the political agreement reached today between the European Parliament and the Council on the Directive on improving the gender balance among non-executive directors of listed companies proposed by the Commission in 2012. Europe has many highly qualified women with 60% […]

State aid: Commission approves €453.25 million Portuguese restructuring aid in favour of SATA Group

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, Portugal’s plans to grant air carrier SATA Air Açores (‘SATA’) restructuring aid for a total amount of €453.25 million. The measure will enable the company to finance its restructuring plan and restore its long-term […]

State aid: Commission opens in-depth investigation into Czech support measure for Digital Terrestrial Television operators

This article is brought to you in association with the European Commission. The European Commission has opened an in-depth investigation to assess whether public support that Czechia plans to grant in favour of Digital Terrestrial Television (‘DTT’) operators is in line with EU State aid rules. The beneficiaries of the measure would be the Czech public […]

Ukraine: The Commission proposes rules on freezing and confiscating assets of oligarchs violating restrictive measures and of criminals

This article is brought to you in association with the European Commission. Today, the European Commission is proposing to add the violation of EU restrictive measures to the list of EU crimes. The Commission is also proposing new reinforced rules on asset recovery and confiscation, which will also contribute to the implementation of EU restrictive measures. […]

First meeting of the EU-UK Parliamentary Partnership Assembly

This article is brought to you in association with the European Parliament. MEPs and UK parliamentarians will gather in Brussels on Thursday and Friday to discuss the state of EU-UK relations and the war in Ukraine. The first meeting of the EU-UK Parliamentary Partnership Assembly (PPA), established by the EU-UK Trade and Cooperation Agreement (TCA) and […]

Digital Services Act: Commission welcomes political agreement on rules ensuring a safe and accountable online environment

This article is brought to you in association with the European Commission. The Commission welcomes the swift political agreement reached today between the European Parliament and EU Member States on the proposal on the Digital Services Act (DSA), proposed by the Commission in December 2020. The DSA sets out an unprecedented new standard for the accountability […]

International Women’s Day 2022: Commission proposes EU-wide rules to combat violence against women and domestic violence

This article is brought to you in association with the European Commission. Today, the European Commission is proposing EU-wide rules to combat violence against women and domestic violence. The proposed Directive will criminalise rape based on lack of consent, female genital mutilation and cyber violence, which includes: non-consensual sharing of intimate images; cyber stalking; cyber harassment; […]

Antitrust: Commission seeks feedback on commitments offered by Insurance Ireland concerning access to its data sharing platform

This article is brought to you in association with the European Commission. The European Commission invites comments on commitments offered by Insurance Ireland, an association of Irish insurers, to address competition concerns regarding access to its Insurance Link information exchange system.  On 14 May 2019, the Commission opened a formal investigation into Insurance Ireland’s conduct. In […]

Just and sustainable economy: Commission lays down rules for companies to respect human rights and environment in global value chains

This article is brought to you in association with the European Commission. Today, the European Commission has adopted a proposal for a Directive on corporate sustainability due diligence. The proposal aims to foster sustainable and responsible corporate behaviour throughout global value chains. Companies play a key role in building a sustainable economy and society. They will […]

Commission tables proposal for €1.2 billion emergency macro-financial assistance package for Ukraine, as announced by President von der Leyen

This article is brought to you in association with the European Commission. The European Commission has tabled a proposal for a new emergency macro-financial assistance (MFA) programme for Ukraine of up to €1.2 billion. This proposal follows an earlier request from the Ukrainian authorities and direct discussions between Commission President Ursula von der Leyen and Ukraine’s […]

Commission welcomes agreement on EU Annual Budget 2022

This article is brought to you in association with the European Commission. On Monday evening, the European Parliament and the Council of the European Union, on a proposal from the European Commission, have reached an informal political agreement on the EU budget for 2022, the second under the 2021-2027 EU multiannual financial framework. The agreement is […]

Commission launches EU missions to tackle major challenges

This article is brought to you in association with the European Commission. The Commission launched today five new EU missions, a new and innovative way to work together and improve the lives of people in Europe and beyond. EU missions aim to tackle big challenges in health, climate and the environment, and to achieve ambitious and […]

State aid: Commission concludes Italian loans worth €900 million to Alitalia are illegal aid

This article is brought to you in association with the European Commission. The European Commission has concluded that two State loans for an amount of €900 million, granted by Italy to Alitalia in 2017, are illegal under EU State aid rules. Italy must therefore recover the illegal State aid, plus interest, from Alitalia. Executive Vice-President Margrethe […]

NextGenerationEU: European Commission disburses €201 million in pre-financing to Denmark

This article is brought to you in association with the European Commission. The European Commission has today disbursed €201 million (1.5 billion kr.) to Denmark in pre-financing, equivalent to 13% of the country’s financial allocation under the Recovery and Resilience Facility (RRF). The pre-financing payment will help to kick-start the implementation of the crucial investment and […]

State aid: Commission approves €500 million Greek aid scheme to support uncovered fixed costs of companies affected by coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved a Greek scheme to support the uncovered fixed costs of companies affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework and has an estimated budget of up to €500 million. Executive Vice-President Margrethe […]

NextGenerationEU: European Commission disburses €289 million in pre-financing to Lithuania

This article is brought to you in association with the European Commission. The European Commission has today disbursed €289 million to Lithuania in pre-financing, equivalent to 13% of the country’s financial allocation under the Recovery and Resilience Facility (RRF). The pre-financing payment will help to kick-start the implementation of the crucial investment and reform measures outlined […]

Mergers: Commission opens in-depth investigation into proposed merger of Cargotec and Konecranes

This article is brought to you in association with the European Commission. The European Commission has opened an in-depth investigation to assess the proposed merger of Cargotec Corporation (‘Cargotec’) and Konecranes Plc (‘Konecranes’) under the EU Merger Regulation. The Commission is concerned that the proposed acquisition may reduce competition in the supply of certain container and […]

NextGenerationEU: European Commission endorses Belgium’s €5.9 billion recovery and resilience plan

This article is brought to you in association with the European Commission. The European Commission has today adopted a positive assessment of Belgium’s recovery and resilience plan. This is an important step towards the EU disbursing €5.9 billion in grants under the Recovery and Resilience Facility (RRF). This financing will support the implementation of the crucial […]

Questions and answers: European Commission endorses Luxembourg’s €93 million recovery and resilience plan

This article is brought to you in association with the European Commission. How did the Commission assess Luxembourg’s recovery and resilience plan? The Regulation ensures a transparent assessment on the basis of 11 criteria against the back of the six pillars of the Regulation. The 11 criteria require an assessment of whether: the measures have a […]

Antitrust: Commission sends Statement of Objections to Insurance Ireland for restricting access to a data sharing platform

This article is brought to you in association with the European Commission. The Commission has informed Insurance Ireland, an association of Irish insurers, of its preliminary view that it breached EU antitrust rules by restricting competition in the Irish motor vehicle insurance market. The Commission takes issue with certain conditions of access to the Insurance Link […]

NextGenerationEU: European Commission endorses Greece’s €30.5 billion recovery and resilience plan

This article is brought to you in association with the European Commission. The European Commission has today adopted a positive assessment of Greece’s recovery and resilience plan. This is an important step towards disbursing €17.8 billion in grants and €12.7 billion in loans under the Recovery and Resilience Facility (RRF) over the period 2021-2026. This financing […]

New EU copyright rules that will benefit creators, businesses and consumers start to apply

This article is brought to you in association with the European Commission. This Monday 7 June marks the deadline for Member States to transpose the new EU copyright rules into national law. The new Copyright Directive protects creativity in the digital age, bringing concrete benefits to citizens, the creative sectors, the press, researchers, educators and cultural heritage […]

Commission proposes a trusted and secure Digital Identity for all Europeans

This article is brought to you in association with the European Commission. The Commission today proposed a framework for a European Digital Identity which will be available to all EU citizens, residents, and businesses in the EU. Citizens will be able to prove their identity and share electronic documents from their European Digital Identity wallets with […]

State aid: Commission approves German support for cogenerated electricity

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, the prolongation and modification of an existing German scheme to support the production of electricity from new, modernised and retrofitted highly efficient cogeneration (‘CHP’) plants (except coal and lignite-fired CHP). The scheme (‘Kraft-Wärme-Kopplungsgesetz’ – […]

Circular economy: Commission provides guidance for harmonised application of Single-Use Plastic rules and advances on monitoring of fishing gear

This article is brought to you in association with the European Commission. Today, the European Commission provides guidance on the EU rules on single-use plastics and adopts an Implementing Decision on the monitoring and reporting of fishing gear placed on the market and waste fishing gear collected. These rules aim to reduce marine litter from single-use […]

State aid: Commission approves €10 billion German scheme to compensate companies for damages suffered due to coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has found a €10 billion German scheme to compensate companies for damages related to the coronavirus outbreak to be in line with EU State aid rules. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This €10 billion scheme enables […]

Commission presents guidance to strengthen the Code of Practice on Disinformation

This article is brought to you in association with the European Commission. Today, the Commission publishes its guidance on how the Code of Practice on Disinformation, the first of its kind worldwide, should be strengthened to become a more effective tool for countering disinformation. It sets out Commission expectations, calls for stronger commitments by the signatories […]

Commission disburses €14.1 billion under SURE to 12 Member States

This article is brought to you in association with the European Commission. The European Commission has today disbursed €14.137 billion to 12 EU Member States in the seventh instalment of financial support under the SURE instrument. As part of today’s operations, Belgium has received €2 billion, Bulgaria €511 million, Cyprus €124 million, Greece €2.54 billion, Spain […]

European Green Deal: Commission adopts strategic guidelines for sustainable and competitive EU aquaculture

This article is brought to you in association with the European Commission. The Commission adopted new strategic guidelines for a more sustainable and competitive EU aquaculture. The guidelines offer a common vision for the Commission, Member States and stakeholders to develop the sector in a way that contributes directly to the European Green Deal and in […]

Remarks by Commissioner Virginijus Sinkevičius on the Zero Pollution Action Plan

This article is brought to you in association with the European Commission. Good afternoon everyone, And thank you Executive Vice-President for showing importance of this initiative in a bigger picture of the European Green Deal. Last year the Commission adopted the Chemicals Strategy for Sustainability. It was an early bird of our wider approach towards pollution […]