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 […]
Read MoreThe 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, […]
Read MoreThe 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 […]
Read MoreThe 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 […]
Read MoreThe 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) […]
Read MoreCoal and Steel Research Fund: Council adopts position to make steel and coal industries cleaner and more competitive
The Council has reached an agreement (general approach) on a package of two proposals to reform the Coal and Steel Research Fund. The two Council Decisions aim to accelerate and simplify investments in research and innovation to promote competitiveness and a green and just transition for the steel sector and mining regions in the EU. […]
Read MoreCommission launches investigation into Shein under the Digital Services Act
The European Commission has today opened formal proceedings against Shein under the Digital Services Act for its addictive design, lack of transparency in its recommendation systems, and the sale of illegal products, including child sexual abuse material. More specifically, the investigation will focus on the following areas: The systems Shein has implemented to limit the […]
Read MoreThe EU is studying the investment needed to improve trade routes between Europe and Central Asia via the Caucasus.
The Trans-Caspian Corridor, a rail and port route connecting Europe, Turkey, the rest of the Black Sea region, Armenia, Azerbaijan and Central Asia, is becoming an alternative trade route linking the two continents. Since 2022, trade on this route has quadrupled and, with the right investments, could triple by 2030. To help turn this momentum […]
Read MoreCommission approves €3 billion German State aid scheme to support cleantech manufacturing capacity
The European Commission has approved a €3 billion German State aid scheme to support strategic investments that add clean technology (cleantech) manufacturing capacity in line with the objectives of the Clean Industrial Deal. This measure will contribute to the transition towards a net-zero economy. The scheme was approved under the Clean Industrial Deal State Aid Framework (CISAF) adopted by […]
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