The European Commission has launched a public consultation on the draft of new Guidelines on State aid for rescuing and restructuring non-financial undertakings in difficulty (‘Rescue and Restructuring Guidelines’). The new version will align the existing Guidelines with current social, market and technological conditions. The Commission invites Member States and all other interested parties to comment on the draft […]
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The ECB unveils the shortlisted designs for the new banknotes and launches a survey
On the 23rd, the European Central Bank (ECB) unveiled the shortlisted design proposals for the next series of euro banknotes and launched a survey to gather the views of citizens across Europe. These proposals are inspired by two themes, ‘European culture’ and ‘Rivers and birds’, as well as the motifs chosen to illustrate them. “Euro […]
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The Commission outlines measures to strengthen the European banking sector and support growth
On 17 July ,the European Commission adopted a Communication on the competitiveness of the EU banking sector, setting out measures to strengthen the single banking market. President of the European Commission Ursula von der Leyen said: “Getting capital flowing is how we will get Europe growing. Our Savings and Investments Union needs a strong, competitive banking sector […]
Read MoreMultiannual Financial Framework 2028–2034: The Council agrees on a negotiating position on EU support for migration, border management and internal security
On 15 July, the Council agreed on its partial negotiating position on the regulation establishing EU financial support for migration, border management and visas, and internal security for the period 2028–2034. These financial instruments will help Member States to implement the Pact on Migration and Asylum, ensure the efficient management of the EU’s external borders […]
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The European Commission approves amendments and an increase in the state aid budget relating to fuel prices
The European Commission has approved amendments — as well as a budget increase of €65 million — to two Spanish state aid schemes aimed at agricultural and fisheries businesses facing rising fuel prices due to the crisis in the Middle East. The amendments have been approved under the Temporary Framework for Aid in Response to […]
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Digital euro: green light for negotiations
On July 18th, the European Parliament backed the start of talks with the Council on the proposal for a digital euro, to ensure secure payments and reduce reliance on providers outside the EU. With 416 votes in favour, 169 against and 22 abstentions, Parliament authorised the opening of interinstitutional negotiations on the creation of the […]
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The Commission has approved Spain’s sixth payment request, worth EUR 5,700 million, under the NextGenerationEU programme
On 2 July, the European Commission gave partial approval to Spain’s sixth payment request, worth EUR 5,700 million, under the Recovery and Resilience Facility, the centrepiece of NextGenerationEU. At the same time, it has approved a payment for two milestones that had previously been suspended under the fifth payment request. This is an important step […]
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Simplifying EU regulations to support competitiveness.
Simple and clear rules are vital for a strong European economy. They help businesses attract investment, grow and create quality jobs, while also saving citizens time and money. The European Commission has presented two new omnibus proposals as part of its wider efforts to cut red tape and boost Europe’s competitiveness: Energy products: this proposal […]
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The Convergence Report examines Member States’ progress towards joining the euro area
On 24 June, the European Commission published the 2026 Convergence Report, which assesses the progress made by Member States outside the euro area towards adopting the euro. More than 27 years after the introduction of the single currency, the euro has become a powerful symbol of Europe’s identity in the world. It is now the […]
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