The EU auditors found that, while the European Commission ensures that irregular expenditure is recorded accurately and promptly, getting this money back often takes too long. For jointly managed agricultural funds where member states have primary responsibility, recovery rates are generally low, but with significant differences between EU countries. From 2014-2022, €14 billion of such […]
Read MoreEIB and Valencia regional government sign €470 million loan to finance green, social and digital projects under EU fund programmes
The European Investment Bank (EIB) has signed a €470 million loan with the regional government of Valencia to co-finance a series of green, social and digital investments in the Spanish region. Through the EIB loan and co-financing from the Valencia regional government, support will be provided for projects included in the 2021-2027 operational programmes of EU […]
Read MoreCommission designates Apple’s iPadOS as a gatekeeper under the Digital Markets Act
The European Commission has designated Apple with respect to iPadOS, its operating system for tablets, as a gatekeeper under the Digital Markets Act (“DMA”). Apple now has six months to ensure full compliance of iPadOS with the DMA obligations. The investigation On 5 September 2023, the Commission designated Apple as a gatekeeper for its operating system iOS, its […]
Read MoreEU economic governance review: Council adopts reform of fiscal rules
The Council adopted three pieces of legislation that will reform the EU’s economic and fiscal governance framework. The main objective of the reform is to ensure sound and sustainable public finances, while promoting sustainable and inclusive growth in all member states through reforms and investment. “The new legislation will significantly improve the existing framework and provide effective and applicable […]
Read MoreEuropean Commission sends Statement of Objections on proposed takeover of Air Europa by IAG
The European Commission has informed International Consolidated Airlines Group, S.A. (‘IAG‘) of the Commission’s preliminary view that IAG’s proposed acquisition of sole control of Air Europa Holding, S.L. (‘Air Europa‘) may restrict competition in the market for passenger air transport services, in particular for routes within, to and from Spain. The Commission is concerned that […]
Read MoreApril infringement package: main decisions for Spain
The main decisions adopted by the Commission for Spain are presented below, grouped by policy area. Internal Market, Industry, Entrepreneurship and SMEs Commission urges BULGARIA, SPAIN and ROMANIA to comply with public procurement legislation The European Commission has decided to pursue infringement proceedings by sending a letter of formal notice to Romania [INFR(2023)2114] and by […]
Read MoreNew EU fiscal rules approved by MEPs
MEPs approved a revamp of EU fiscal rules making them clearer, more investment friendly, better tailored to each country’s situation, and more flexible. The new rules, approved on Tuesday, were provisionally agreed upon between European Parliament and member state negotiators in February. Focus on investments MEPs significantly beefed up the rules to protect a government’s capability to […]
Read MoreEuropean Commission backs Spain’s request for a targeted review of its recovery plan
The Commission yesterday endorsed Spain’s request for a specific revision of its Recovery and Resilience Plan, which Spain had submitted to the Commission on 19 March 2024. The proposed amendments are of a technical nature and stem from the comprehensive review of the Spanish plan, which was adopted by the Council on 17 October 2023. […]
Read MoreEU and US hold fourth Joint Dialogue on Technology Competition Policy
Today, European Commission Executive Vice-President Margrethe Vestager, US Federal Trade Commission (‘FTC’) Chair Lina Khan and the Assistant Attorney General of the US Department of Justice Antitrust Division (‘DOJ’) Jonathan Kanter met in Washington for the fourth meeting of the EU-US Joint Technology Competition Policy Dialogue (‘TCPD’). The purpose of the dialogue is to further […]
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