The European Commission has adopted a proposal for a new Regulation to modernise and simplify the EU’s public procurement framework in order to support effective investment in public services and infrastructure in line with the Union’s policy objectives. Building on extensive consultations with public purchasers, businesses, trade unions and civil society, the Commission is proposing […]
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Commission invites comments on draft new rescue and restructuring State aid guidelines
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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Commission adopts temporary adjustments to Basel III Market Risk Rules to safeguard EU banks’ competitiveness
To ensure that the EU banking sector benefits from a level playing field with international competitors, the European Commission has introduced targeted, time-limited amendments to its implementation of the new market risk capital framework for banks. The measures will apply for three years from 1 January 2027. The Fundamental Review of the Trading Book (FRTB), part […]
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The Commission fines Temu €200 million for breaching the Digital Services Act
The European Commission has fined Temu €200 million under the Digital Services Act (DSA). The company failed to properly identify, analyse or assess the systemic risks arising from the sale of illegal products on its platform and the resulting harm to consumers in the European Union. The evidence available to the Commission indicates that it […]
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The Commission is seeking comments on the functioning of EU rules on crypto-assets
The European Commission has launched a consultation to gather feedback from stakeholders and the general public on the functioning of the EU’s regulatory framework for crypto-assets, the Markets in Crypto-assets Regulation (MiCA). As crypto-asset markets and the broader policy landscape continue to evolve, the Commission is assessing whether the current framework remains fit for purpose. […]
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The Commission adopts a temporary state aid framework to support sectors affected by the crisis in the Middle East
The European Commission has adopted a temporary state aid framework to enable Member States to support the EU economy in the context of the Middle East crisis. The Temporary Framework for State Aid Measures in Response to the Crisis in the Middle East (METSAF) is a specific, temporary framework designed to address the effects of the […]
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