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 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 […]
Read MoreEU and India conclude landmark Free Trade Agreement
The EU and India concluded negotiations for a historic, ambitious and commercially significant free trade agreement (FTA), the largest such deal ever concluded by either side. It will strengthen economic and political ties between the world’s second and fourth largest economies, at a time of rising geopolitical tensions and global economic challenges, highlighting their joint commitment […]
Read MoreCommission fines fashion brands Gucci, Chloé and Loewe over €157 million for anti-competitive pricing practices
The European Commission has fined fashion companies Gucci, Chloé and Loewe for fixing resale prices in breach of EU competition rules. The Commission’s investigation revealed that the three companies restricted the ability of the independent third party retailers they worked with to set their own online and offline retail prices for products designed and sold […]
Read MoreCommission proposes plan to protect EU steel industry from unfair effects of global overcapacity
The Commission has tabled a proposal to protect the EU steel sector from the unfair effects of global overcapacity, a vital step to ensure the long-term viability of a strategically crucial industry. Fulfilling the commitments set out in the EU Action Plan for Steel and Metal, the proposal maintains the principle of open trade and […]
Read MoreCommission proposes EU Space Act to boost market access and safety
Last June 25, the European Commission has proposed the EU Space Act, a new set of ambitious measures to make Europe’s space sector cleaner, safer and more competitive in Europe and its export markets. Europe’s space rules are currently fragmented, with many different national approaches. This patchwork holds back innovation, reduces the European market share and creates extra costs. A clear and harmonised framework at European level will ensure safety, resilience, and environmental […]
Read MoreNew plan to boost the EU’s circular economy
On 16 April, the European Commission adopted the 2025-2030 working plan for the Ecodesign for Sustainable Products Regulation (ESPR) and Energy Labelling Regulation. The plan provides a list of products that should be prioritised to introduce ecodesign requirements and energy labelling over the next five years. This will foster sustainable, repairable, circular and energy efficient products across Europe, in line […]
Read MoreSteel and Metals Action Plan, new strategic dialogue
As announced by President von der Leyen on 7 February, the European Commission will set up a Strategic Dialogue on Steel aimed at charting a decisive course for the future of the European steel industry. The initiative underscores the Commission’s firm commitment to this strategic sector, recognizing its central role in innovation, growth, employment, and the EU’s broader […]
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