Last July 16, the European Commission presented its proposal for an ambitious and dynamic Multiannual Financial Framework (MFF), amounting to almost EUR 2 trillion (or 1.26% of the EU’s gross national income on average between 2028 and 2034). This framework will equip Europe with a long-term investment budget matching its ambitions to be an independent, […]
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European Parliament proposes measures to tackle the increase in non-compliant products imported from outside the EU
On Wednesday, Parliament proposed measures to manage the influx and risks associated with cheap, poor-quality products bought on platforms outside the EU. The report, adopted with 619 votes in favour, 26 against and 46 abstentions, identifies ways to ease the pressure on customs and market surveillance authorities, which struggle to monitor and ensure that […]
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House prices and rents continue to rise in early 2025
In the first quarter of 2025, house prices in the EU rose by 5.7%, while rents increased by 3.2% compared with the same quarter of 2024. Compared with the fourth quarter of 2024, house prices increased by 1.4% and rents by 0.9%. Between 2010 and the first quarter of 2025, house prices in the EU increased by […]
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EU and OEACP reaffirm commitment to global sustainable development
The EU and the Organisation of African, Caribbean and Pacific States (OASECP) have issued a joint statement reaffirming their commitment to the United Nations 2030 Agenda and its Sustainable Development Goals (SDGs) for the 4th UN Conference on Financing for Development. In a declaration adopted last July 1 by the Council of the EU, the […]
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EU Council and Parliament agree on updated rules to strengthen consumer dispute resolution
The Council and the European Parliament have reached a provisional agreement to update, simplify and facilitate the existing alternative dispute resolution (ADR) framework, with the aim of making these procedures more accessible, appealing and better suited to the digital age. ADR refers to out-of-court procedures that help resolve disputes between consumers and traders, typically with […]
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Commission proposes EU Space Act to boost market access and safety
Last June 25, the European Commission has proposed the EU Space Act, a new set of ambitious measures to make Europe’s space sector cleaner, safer and more competitive in Europe and its export markets. Europe’s space rules are currently fragmented, with many different national approaches. This patchwork holds back innovation, reduces the European market share and creates extra costs. A clear and harmonised framework at European level will ensure safety, resilience, and environmental […]
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CETA evaluation shows strong economic and social benefits
A study published last June 16 has found the EU and Canada Comprehensive Economic and Trade Agreement (CETA) boosted trade exports and diversified supply chains across all EU Member States. The study – carried out by independent experts, as part of the Commission’s commitment to evidence-based policy making – provides solid proof that open, rules-based, […]
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Commission proposes one-year delay of Basel III market risk rules
The European Commission has adopted last June 12 a delegated act that postpones by one additional year – until 1 January 2027 – the date of application of the one remaining part of the Basel III international standards in the EU – the Fundamental Review of the Trading Book (FRTB). The FRTB aims to introduce […]
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New companies selected for major investments under the EIC STEP Scale Up program
The Commission has announced the second group of companies that have successfully passed the assessment phase of the Scale Up call of the European Innovation Council’s (EIC) Strategic Technologies for Europe Platform (STEP). Together, they will receive up to a total of €90 million in equity investments, and will now move to the ERC Fund […]
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