The European Commission has approved, under EU State aid rules, the first Important Project of Common European Interest (‘IPCEI’) to support research, innovation and the first industrial deployment of healthcare products, as well as innovative production processes of pharmaceuticals. This IPCEI will notably contribute to the European Health Union‘s objectives by delivering innovations addressing diseases for […]
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Eurostat: EU natural gas demand falls by 7.4% in 2023
The EU‘s demand for natural gas has been declining for 2 consecutive years. After a 13.3% yearly decrease in 2022, demand fell by another 7.4% in 2023, totalling 12.72 million terajoules in 2023. This also marks the lowest demand recorded since the collection of monthly cumulated data began in 2008. This reduction has been affected by measures outlined […]
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Joint statement of the parties to the European Economic Area Agreement on the occasion of the 30th anniversary of its entry into force
This year marks the 30th anniversary of the entry into force of the European Economic Area (EEA) Agreement. The EEA Agreement, which unites our States in the internal market, has been the bedrock of our close and special partnership. It has greatly contributed to the prosperity of our societies and economies. This exceptional milestone invites […]
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EU and Australia sign partnership on sustainable critical and strategic minerals
The EU and Australia signed a Memorandum of Understanding (MoU) for a bilateral partnership to cooperate on sustainable critical and strategic minerals. The MoU was signed on behalf of the EU by Executive Vice-President and Commissioner for Trade Valdis Dombrovskis, and Commissioner for Internal Market, Thierry Breton. The signatories for Australia were Resources and Northern Australia Minister Madeleine King, […]
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Russia: new sanctions in response to human rights violations
The Council established a new framework for restrictive measures against those responsible for serious human rights violations or abuses, repression of civil society and democratic opposition, and undermining democracy and the rule of law in Russia. The decision to establish this new sanctions’ regime is part of the EU’s response to the accelerating and systematic […]
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Eurobarometer: Expectations of EU citizens ahead of the elections
The latest Standard Eurobarometer released last week shows that Europeans want to see the EU stronger and more independent, especially in the face of the current global challenges, while they are growing optimistic about the future. Expectations for a stronger, more independent and resilient EU More than three quarters of Europeans (77%) are in favour […]
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Council adopts updated Schengen Borders Code
The Council has given its final approval to a new Schengen Borders Code, the EU’s rulebook that deals with the management of internal and external borders as well as the rules governing border control of persons crossing the external EU borders. The reform is instrumental in making the Schengen area more resilient to present and […]
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European Commission fines Mondelēz, maker of Milka and Oreo, €337.5m for restrictions on cross-border trade
The European Commission has fined Mondelēz International, Inc. (Mondelēz) €337.5 million for hindering the cross-border trade of chocolate, biscuits and coffee products between Member States, in breach of EU competition rules. The Commission remains committed to bringing down unjustified barriers to ensure a better functioning of the Single Market. Territorial supply constraints by suppliers are a […]
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The Commission decides to refer SPAIN to the Court of Justice of the European Union for failing to implement taxation rules set out by the Merger Directive
The European Commission decided to refer Spain to the Court of Justice of the European Union for failure to ensure correct implementation of the Merger Directive on the common system of taxation applicable to Member States (Directive 2009/133/EC). The objective of the Merger Directive is to remove fiscal obstacles to cross-border reorganisations involving companies situated in two […]
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