The new regulations replace the measures due to expire on 30 June 2026 and will help to protect the EU steel industry from the negative effects of a global steel surplus. The regulation introduces lower import quotas by limiting duty-free import volumes to 18.3 million tonnes per year, representing a 47% reduction compared to the […]
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The EU continues to monitor the oil market and is preparing a response to the situation regarding jet fuel supplies
The meeting of the Oil Coordination Group brought together experts from the European Commission, EU member states, the International Energy Agency (IEA) and NATO, as well as representatives from the oil industry, to discuss the security of oil supply in Europe and the best way to coordinate efforts at EU level whilst the conflict in […]
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The Commission approves a €5 billion German state aid scheme to support the decarbonisation of industry
The European Commission has approved, under EU state aid rules, a €5 billion German scheme to help industrial companies decarbonise their production processes. This scheme contributes to achieving Germany’s energy and climate targets, as well asthe EU’s objectives of sustainable prosperity and competitiveness. The German plan Eligible projects must involve fundamental technological changes and replace […]
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Oil and gas coordination groups take stock of the situation in the oil and gas markets
Experts from the European Commission, EU member states and the International Energy Agency (IEA) met today in the Gas and Oil Coordination Groups to discuss the state of the EU’s gas and oil supply security in Europe, as the conflict in the Middle East enters its third month. The Gas Coordination Group confirmed that the […]
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The Commission welcomes the political agreement on the new EU steel measure
The European Commission welcomes the political agreement reached between the European Parliament and the Council on the measure to protect the EU steel sector from global overcapacity. This is a crucial step towards ensuring the long-term viability of a strategic European industry. The new measure sets duty-freequotas at 18.3 million tonnes per year, with an […]
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The Commission, EU countries and industry representatives are meeting to assess the situation in the oil market
At today’s extraordinary meeting of the Oil Coordination Group, representatives from the European Commission, EU member states and the industry provided an update on the state of the EU’s oil supply security, as disruptions in the Middle East enter their sixth week. Industry representatives taking part in the discussion reported that, for the time being, […]
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The Commission has adopted new state aid rules to encourage the use of more sustainable modes of transport
The European Commission on march 16 th has today adopted the Guidelines on State aid in the land and multimodal transport sector (TTM Guidelines) and the Transport Block Exemption Regulation (TTBER). These instruments support more sustainable modes of transport, for both passengers and goods, and update the EU’s State aid framework for land and multimodal […]
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The Commission and EU countries coordinate and assess the situation on the oil and gas markets
Atseparatead hocmeetingsof the Gas Coordination Group and the Oil Coordination Group held yesterday, the Commission and EU countries coordinated and assessed the situation regarding the security of EU gas and oil supplies in view of the ongoing disruptions in the Middle East. During the exchange, EU countries confirmed that they do not see any risk […]
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The Commission proposes an Industrial Acceleration Act to strengthen industry and create jobs in Europe
The European Commission has adopted last March 4th a legislative proposal to increase demand for European low-carbon technologies and products. TheIndustrial Acceleration Act(IAA)will boost manufacturing, drive business growth and create jobs in the EU, while supporting industry’s adoption of cleaner, future-proof technologies. In line with the recommendations ofthe Draghi report, the Industrial Acceleration Act (IAA) […]
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