The European Commission has approved, under EU State aid rules, a €3 billion Spanish scheme to support research, development and innovation (RD&I), as well as environmental protection and energy efficiency measures of companies in the value chain for electric and connected vehicles. The measure will help Spain to accelerate the transition towards a more sustainable […]
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New green policies for companies and banks
Firms and banks to be severely affected if climate change issues not addressed Orderly and swift transition to minimise costs and maximise benefits outweighs short-term cost of transition to zero-carbon economy over medium to longer term Investment in sectors and regions heavily exposed to climate risk set to suffer most The European Central Bank (ECB) […]
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EU Budget 2022 approved
For next year’s EU budget, MEPs have secured better support for health, research, climate action, SMEs and the young. Parliament has obtained in total €479.1 million for its priorities, on top of what the Commission proposed in the draft budget updated by the amending letter. MEPs were successful in increasing funding for programmes and policies that […]
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Agreement reached on 2022 EU budget
The Council has reached an agreement with the European Parliament on the 2022 EU budget, setting total commitments at €169,5 billion and payments at €170,6 billion. Next year’s budget strongly reflects the EU’s main priorities: economic recovery, fighting climate change, and the green and digital transitions. It also leaves enough resources under the expenditure ceilings […]
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European Semester Autumn Package 2021
The European Commission has launched the 2022 European Semester cycle of economic policy coordination. The European Semester Autumn Package includes the Annual Sustainable Growth Survey, Opinions on euro area Draft Budgetary Plans (DBPs) for 2022, policy recommendations for the euro area and the Commission’s proposal for a Joint Employment Report. The package draws upon the Autumn […]
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Contribution and review of competition policy to a green and digital marketplace
The Commission outlines the contribution of competition policy and its review to the green and digital transition and the resilience of the single market. The European Commission has adopted a Communication on a competition policy adapted to new challenges, which underlines the important role of competition policy for Europe’s progress towards recovery, the green and […]
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Agreement on EU Annual Budget 2022
The European Parliament and the Council of the European Union, on a proposal from the European Commission, have reached an informal political agreement on the EU budget for 2022, the second under the 2021-2027 EU multiannual financial framework. The agreement is for commitments of €169.5 billion, and payments of €170.6 billion. Once adopted, the budget […]
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Spain and its Digital Economy and Society Index 2021
On November 12, the Commission published the results of the 2021 edition of the Digital Economy and Society Index (DESI), which tracks the progress made by EU Member States in digital competitiveness in the areas of human capital, broadband connectivity, the integration of digital technologies by businesses and digital public services. Spain ranks ninth among […]
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EUROPEAN AGENDA : ECONOMY Nº4
European institutions and agencies are acting decisively to mitigate the socio-economic impact of the coronavirus crisis in the European Union. Below we highlight what the European institutions have been working on so far: Forthcoming meetings Institutions Meetings Date European Council 06.12.2021 Eurogroup European Council 18.11.21 General Affarirs Council [toc] Significant events in this agenda are […]
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