The Commission has proposed reducing the settlement period for EU transactions involving tradable securities from two days to one day. The proposed legislative amendment would reduce the settlement cycle for certain securities – such as shares or bonds executed on EU trading venues – from two business days (the so-called “T+2”) to one business day […]
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Designing together the future of the EU: the Commission presents the path to the next long-term EU budget
The European Commission published a Communication titled “The Path to the Next Multiannual Financial Framework,” outlining the main political and budgetary challenges that will shape the design of the next Multiannual Financial Framework (MFF). It sets the foundation for reflecting on how to adapt the EU’s long-term budget to evolving needs and priorities. In parallel […]
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Regions and cities join forces for public procurement revision
The Network of Regional Hubs (RegHub) held an event in Brussels on 7 February to launch the upcoming CoR consultation on the evaluation of the 2014 Public Procurement Directives and to prepare the launch of the next phase of the network. In the morning, the Hubs took part in an interactive session which looked back […]
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Dubravka Šuica, Commissioner for the Mediterranean, in Madrid
On 10 February, Dubravka Šuica , European Commissioner for the Mediterranean, was in Madrid for the first time during this mandate to take part in a series of high-level meetings with Spanish national authorities in order to step up cooperation on key issues for the Mediterranean region. The Commissioner was received in audience by King Felipe […]
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Baltic States join the European continental electricity
As of today, Estonia, Latvia and Lithuania are fully independent from Russia’s and Belarus’s electricity systems. They successfully integrated into the EU internal energy market by joining the European continental network via Poland. This allows the Baltic States to operate their own energy systems under common and transparent European rules. The synchronisation of the Baltics not only contributes […]
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New Directorate General to Strengthen Mediterranean and Gulf Ties
Following President von der Leyen’s call for a more focused approach to the EU’s wider neighbourhood, especially the Mediterranean, with a Commissioner in the new College dedicated to this portfolio, the European Commission has set up a new Directorate-General for the Middle East, North Africa and the Gulf (DG MENA). In line with the President’s Political Guidelines […]
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Von der Leyen’s remarks to EU ambassadors
Commission President Ursula von der Leyen delivered yesterday a speech at the annual EU Ambassadors Conference. The speech was the occasion for the President to thank the EU diplomatic corps for their work and exchange with them on the European Union’s priorities in foreign policy and diplomacy. President von der Leyen highlighted the interconnected nature of the world: […]
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Solomon Islands: First Partnership Dialogue between the EU and Solomon Islands
On 4 February, the European Union and Solomon Islands held their Partnership Dialogue, the first under the new Samoa Agreement, which is the basis for cooperation between the EU and the Pacific. In the margins of the Dialogue, Solomon Islands’ Minister of Foreign Affairs and External Trade Peter Shanel Agovaka met High Representative/Vice-President Kaja Kallas, […]
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EU-Chile Interim Trade Agreement enters into force
The EU-Chile Interim Trade Agreement (ITA) has entered into force, following the completion of Chile’s ratification process. The ITA, which was signed in December 2023, is of key geopolitical importance. It will boost the competitiveness of businesses on both sides, while providing a shared platform for the development of our net-zero economies. This work will be further underpinned by ongoing […]
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