Mergers: Commission opens in-depth investigation into proposed acquisition of Kustomer by Facebook

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 acquisition of Kustomer by Facebook under the EU Merger Regulation. The Commission is concerned that the proposed transaction would reduce competition in the market for the supply of Customer Relationship Management (CRM) […]

State aid: Commission approves 2022-2027 regional aid map for Czechia

This article is brought to you in association with the European Commission. The European Commission has approved under EU State aid rules Czechia’s map for granting regional aid from 1 January 2022 to 31 December 2027. The Czech regional aid map is the first map approved by the Commission within the framework of the revised Regional […]

EU Cohesion policy: Commission adopts €21 billion Greek Partnership Agreement for 2021-2027

This article is brought to you in association with the European Commission. The Commission has adopted the first Partnership Agreement for the 2021-2027 programming period for Greece, the first EU country to submit its strategic reference document for deploying more than €21 billion of investments for its economic, social and territorial cohesion. The Partnership Agreement lays […]

Commission adopts new guidance on how to climate-proof future infrastructure projects

This article is brought to you in association with the European Commission. Today, the European Commission has published new technical guidance on climate-proofing of infrastructure projects for the period 2021-2027. The guidance will help mainstream climate considerations in future investment and development of infrastructure projects from buildings, network infrastructure to a range of built systems and […]

Mergers: Commission approves acquisition of Telekom Romania by Orange, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Telekom Romania Communications (“TKR”) by Orange SA (“Orange”). The approval is conditional on the divestiture of TKR’s 30% minority shareholding in Telekom Romania Mobile Communications (“TRMC”), which is a direct […]

EU invests €122 million in innovative projects to decarbonise the economy

This article is brought to you in association with the European Commission. For the first time since the creation of the Innovation Fund, the European Union is investing €118 million into 32 small innovative projects located in 14 EU Member States, Iceland and Norway. The grants will support projects aiming to bring low-carbon technologies to the […]

Mergers: Commission opens in-depth investigation into proposed acquisition of GRAIL by Illumina

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 acquisition of GRAIL by Illumina, under the EU Merger Regulation. The Commission is concerned that the proposed acquisition may reduce competition and innovation in the emerging market for the development and commercialisation […]

Coronavirus: Commission steps up research funding with €120 million for 11 new projects to tackle the virus and its variants

This article is brought to you in association with the European Commission. The Commission has short-listed 11 new projects worth €120 million from Horizon Europe, the biggest European research and innovation programme (2021-2027), for supporting and enabling urgent research into the coronavirus and its variants. This funding is part of a wide range of research and […]

EU-UK relations: Commission proposes draft mandate for negotiations on Gibraltar

This article is brought to you in association with the European Commission. The European Commission has today adopted a Recommendation for a Council decision authorising the opening of negotiations for an EU-UK agreement on Gibraltar. The Commission also presented its proposal for negotiating guidelines. It is now for the Council to adopt this draft mandate, after […]

Digital sovereignty: Commission kick-starts alliances for Semiconductors and industrial cloud technologies

This article is brought to you in association with the European Commission. The European Commission kick-starts today two new Industrial Alliances: the Alliance for Processors and Semiconductor technologies, and the European Alliance for Industrial Data, Edge and Cloud. The two new alliances will advance the next generation of microchips and industrial cloud/edge computing technologies and provide […]

State aid: Commission approves €1 billion Spanish recapitalisation scheme to provide debt and capital support to companies affected by the coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, Spanish plans to set up a €1 billion recapitalisation fund that will invest through debt and equity instruments in certain companies affected by the coronavirus outbreak. The scheme was approved under the State aid […]

State aid: Commission approves €2.5 billion Italian scheme to support self-employed and healthcare professionals in context of coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved a €2.5 billion Italian scheme to support self-employed individuals and certain healthcare professionals in the context of the coronavirus outbreak, by partially exempting them from social security contributions. The scheme was approved under the State aid Temporary Framework. Executive […]

NextGenerationEU: European Commission raises further €10 billion in a successful third bond to support Europe’s recovery

This article is brought to you in association with the European Commission. The European Commission has today issued a further €10 billion to support Europe’s recovery from the coronavirus crisis and its consequences, in a third NextGenerationEU bond since the start of the programme in mid-June. The Commission issued a 20-year bond due on 4 July […]

NextGenerationEU: European Commission endorses Cyprus’s €1.2 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 Cyprus’s recovery and resilience plan. This is an important step towards the EU disbursing a total of €1.2 billion in grants and loans under the Recovery and Resilience Facility. This financing will support the […]

NextGenerationEU: European Commission endorses Slovenia’s €2.5 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 Slovenia’s recovery and resilience plan, a key step paving the way for the EU to disburse €1.8 billion in grants and €705 million in loans under the Recovery and Resilience Facility (RRF). This financing […]

NextGenerationEU: European Commission completes second successful bond issuance to support Europe’s recovery

This article is brought to you in association with the European Commission. The European Commission has today, in its second NextGenerationEU transaction, raised €15 billion to finance Europe’s recovery from the coronavirus crisis and its consequences. This was a dual-tranche transaction, consisting of a €9 billion 5-year bond due on 6 July 2026 and a €6 […]

COVID-19 Therapeutics Strategy: Commission identifies five promising candidate therapeutics

This article is brought to you in association with the European Commission. The EU Strategy on COVID-19 Therapeutics delivers today its first outcome, with the announcement of the first portfolio of five therapeutics that could soon be available to treat patients across the EU. Four of these therapeutics are monoclonal antibodies under rolling review by the […]

Commission (Eurostat) publishes first statistics on short-stay accommodation booked via collaborative economy platforms

This article is brought to you in association with the European Commission. Eurostat, the statistical office of the European Union, published today first key data on short-stay accommodation booked via four private platforms active in the tourism sector. This is a result of the March 2020 landmark agreement between the Commission and Airbnb, Booking, Expedia Group […]

Commission proposes coordinated measures for the safe reopening of the cultural and creative sectors

This article is brought to you in association with the European Commission. Today, the Commission published EU guidelines to ensure the safe resumption of activities in the cultural and creative sectors across the EU. At a time when the epidemiological situation is improving and vaccination campaigns are speeding up, Member States are gradually reopening cultural venues […]

Commission welcomes political support by Member States to improve the protection of bees

This article is brought to you in association with the European Commission. A clear majority of Member States have supported the Commission’s proposal for a protection goal of 10% today at the AGRIFISH Council, following a political discussion at the request of the European Commission. The 10% threshold supported by the Ministers will now be taken into account by the European Food Safety Authority (EFSA) to […]

Data protection: Commission adopts adequacy decisions for the UK

This article is brought to you in association with the European Commission. The Commission has today adopted two adequacy decisions for the United Kingdom – one under the General Data Protection Regulation (GDPR) and the other for the Law Enforcement Directive. Personal data can now flow freely from the European Union to the United Kingdom where […]

State aid: the Commission authorises the regulatory mechanism for the storage of natural gas in France

This article is brought to you in association with the European Commission. The European Commission has concluded that the regulatory mechanism for the storage of natural gas implemented by France since 2017 complies with EU rules on State aid. The measure will contribute to the security and diversification of the energy supply in France without unduly […]

Financial stability: Commission adopts final one-year extension of the transitional regime for capital requirements for non-EU central counterparties (CCPs)

This article is brought to you in association with the European Commission. The European Commission has today extended – by one additional year –the current transitional regime regarding the capital requirements that EU banks and investment firms must maintain when exposed to non-EU central counterparties (‘CCPs’). This transitional regime will therefore continue to apply until 28 […]

Financial stability: Commission adopts final one-year extension of the transitional regime for capital requirements for non-EU central counterparties (CCPs)

This article is brought to you in association with the European Commission. The European Commission has today extended – by one additional year –the current transitional regime regarding the capital requirements that EU banks and investment firms must maintain when exposed to non-EU central counterparties (‘CCPs’). This transitional regime will therefore continue to apply until 28 […]

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 […]

EU Cybersecurity: Commission proposes a Joint Cyber Unit to step up response to large-scale security incidents

This article is brought to you in association with the European Commission. The Commission is today laying out a vision to build a new Joint Cyber Unit to tackle the rising number of serious cyber incidents impacting public services, as well as the life of businesses and citizens across the European Union. Advanced and coordinated responses […]

Motor Insurance: Commission welcomes European Parliament and Council agreement to update the Motor Insurance Directive

This article is brought to you in association with the European Commission. The European Commission welcomes today’s agreement between the European Parliament and Council to update the 2009 Motor Insurance Directive. This Directive ensures that vehicles can freely circulate in the European Union while using the same compulsory insurance. It means that when accidents occur, injured […]

Commission welcomes the move towards more innovative health technologies for patients

This article is brought to you in association with the European Commission. The Commission welcomes the political agreement on the Health Technology Assessment (HTA) Regulation reached by the European Parliament and the Council early this morning. The Regulation will improve the availability of innovative health technologies such as innovative medicines and certain medical devices for EU […]

Belgian Court orders AstraZeneca to deliver vaccine doses to the EU – Questions and Answers

This article is brought to you in association with the European Commission. Why did the European Commission start this Court proceeding and what did it intend to obtain? The company announced in January that it would not be in a position to deliver the number of doses laid down in the contract. The Commission and the […]

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 […]

Protocol on Ireland / Northern Ireland: Statement by the European Commission following the UK’s request to extend the grace period for chilled meats

This article is brought to you in association with the European Commission. The European Commission received today a request from the United Kingdom to extend a grace period concerning the movement of chilled meats from Great Britain to Northern Ireland, agreed within the context of the Protocol on Ireland / Northern Ireland. This grace period is […]

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 […]