30 years of the EU single market: Time to face new challenges

The European single market remains one of the EU’s greatest achievements and a key tool to protect people and businesses in times of crisis. Following a ceremony and debate at the start of the plenary session, Parliament adopted on Wednesday a resolution on the 30th anniversary of the EU single market with 537 votes in […]

Euro and Schengen: Croatia joins the Euro and Schengen areas

This article is brought to you in association with the European Commission. On 1 January 2023 Croatia will adopt the euro as its currency and will fully join the Schengen area. This marks an important milestone in the history of Croatia, of the euro and Schengen areas and of the EU as a whole. It follows a […]

Parliament agrees to adapted €18 billion loan to Ukraine

This article is brought to you in association with the European Parliament. On Wednesday, MEPs agreed to a modified regulation allowing the €18 billion support package to be transferred to Ukraine after Hungary had vetoed the original proposal. Parliament accepted, through the so-called urgent procedure, the Council-proposed change in the Macrofinancial Assistance Plus regulation that allows […]

Payments: Commission proposes to accelerate the rollout of instant payments in euro

This article is brought to you in association with the European Commission. The Commission has today adopted a legislative proposal to make instant payments in euro, available to all citizens and businesses holding a bank account in the EU and in EEA countries. The proposal aims to ensure that instant payments in euro are affordable, secure, […]

EU budget: EU accounts signed off the 15th year in a row

This article is brought to you in association with the European Parliament. The Commission has today welcomed the decision of the European Court of Auditors (ECA) to give the EU annual accounts a clean bill of health, for the 15th year in a row. The revenue part of the EU Budget also continues to be free […]

Protection of EU budget: MEPs warn Commission to “not compromise” with Hungary

This article is brought to you in association with the European Parliament. On Tuesday, Members of the European Parliament warned the Commission against falling short of protecting the EU’s financial interests in Hungary. “This is the first time the rule of law mechanism is being put into motion and it requires member states to treat it […]

Trade in counterfeit goods costs UK economy billions of euros

This article is brought to you in association with OECD. The global trade in fake goods, from cosmetics to car parts, is costing the UK economy billions of dollars a year in forgone company sales, overpriced products and tax revenues, and was behind more than 86,000 lost jobs in 2016, according to a new OECD report. […]