The European Parliament will vote on the Commission’s proposal on pay transparency today. The new Directive intends to ensure that equal pay for men and women is enforced effectively, to increase transparency in pay setting, and to promote access to justice for those who have experienced pay discrimination. The Commission issued the following statements before […]
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EU leaders call for strong European financial architecture
The Euro Summit was held in inclusive format with all 27 EU leaders present, focusing on the economic and financial situation of the European Union. EU leaders also discussed the coordination of fiscal policies, the EU’s economic governance framework and the financial architecture of the Economic and Monetary Union (EMU). Economic outlook In a statement, […]
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European Parliament proposes new law to modernize and strengthen minimum income schemes
MEPs have proposed a new law to tackle the current cost of living crisis to modernize and strengthen minimum income schemes in member states. On Wednesday, the plenary passed a resolution defending the EU minimum income directive to make minimum income schemes more affordable and effective. It will also ensure the social reintegration of workers […]
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Council sets priorities for the EU budget for 2024
Recovery and Resilience Facility The Council discussed how the Recovery and Resilience Fund and the REPowerEU chapter can effectively promote the green transition and ensure Europe’s energy independence from Russia in the context of high inflation and supply chain disruptions. In addition, the Council adopted an implementing decision approving the revised recovery and rehabilitation plan […]
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EU presidents call for accelerated efforts: “Let’s channel Europe’s savings into growth”
The EU is committed to accelerating the green and digital transformation. Decisions taken will affect the next generation. It is our collective responsibility to do the right thing. Building a zero-emission industry, improving technological competitiveness and diversifying supply chains will be important factors for Europe’s continued prosperity and strategic sovereignty in the coming decades. The […]
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Commission approves changes to Spain’s regional aid map 2022-2027
The European Commission has approved the revision of Spain’s regional aid map for the period from January 1, 2022 to December 31, 2027 under the Regional Aid Guidelines, in accordance with EU state aid rules. On March 17, 2022, the Commission approved the regional aid map 2022-2027 for Spain and on December 20, 2022, the […]
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The European Commission is providing guidance to Member States on the conduct and coordination of fiscal policy for next year
The Commission is providing guidance to Member States on the conduct and coordination of fiscal policy for next year. This guidance comes as discussions on the future economic governance framework are ongoing. Overall, fiscal policies in 2024 should ensure medium-term debt sustainability and promote sustainable and inclusive growth in all Member States. Implications of deactivating the […]
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How is the EU working on the circular economy?
By using this model of production and consumption, we can reduce pollution and look to the future with greater optimism. What is the EU currently doing to promote the circular economy? The European Parliament defines the circular economy as: “a model of production and consumption that involves sharing, renting, reusing, repairing, restoring and reusing existing […]
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An agreement signed by the EIB and the European Commission to boost private sector investment in African, Caribbean and Pacific countries
The European Investment Bank (EIB) and the European Commission signed agreements totaling EUR 4 billion on February 28, including a guarantee agreement that will mobilize up to EUR 3.5 billion in loans and EUR 500 million in Trust Fund contributions to African, Caribbean and Pacific (ACP) countries by 2027. The agreement marks an important step […]
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