The Council adopted a directive to update the EU’s civil liability law. The new liability rules better take into account that nowadays many products have digital features and that the economy is becoming increasingly circular. Bence Tuzson, Hungarian Minister of Justice stated “The product liability rules that the Council adopted today are good news for […]
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The Recovery and Resilience Facility continues to deliver, Commission third annual report shows
The implementation of the Recovery and Resilience Facility (RRF), at the heart of the EU’s recovery instrument NextGenerationEU, is speeding up, fostering continuous reform and investment progress in Member States. As shown in the Commission’s third Annual Report on the RRF adopted today, the Commission is supporting Member States in the full and timely delivery of their plans […]
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Council adopts rules for listing on European stock exchanges
The Council adopted the listing act, a legislative package that will make EU public capital markets more attractive for EU companies and facilitate the listing of companies of all sizes, including small and medium-sized enterprises (SMEs), on European stock exchanges. This marks the final step in the decision-making process. Mihály Varga, Hungarian minister of finance […]
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A new study highlights the key drivers of academic research commercialisation
A recent study supported by the EU-funded ATTRACT2 project looks into if and how open innovation activities and scientists’ entrepreneurial intentions foster the transformation of research outcomes into marketable products. Published in the ‘CERN IdeaSquare Journal of Experimental Innovation’, the study analyses five case studies of European research consortia funded under ATTRACT2 to propose potential […]
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InvestEU is playing a key role in making the EU more sustainable and competitive
The Commission has presented the mid-term evaluation of InvestEU, the EU’s flagship investment programme to facilitate better access to finance for businesses across Europe, in support of common priorities. Halfway through its duration, InvestEU has already unlocked ¤218 billion in additional investment, and 90% of the EU guarantee has been allocated. The programme consists of […]
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Council adopts the internal market emergency and resilience act
The Council has today given its final approval to a regulation establishing a framework of measures on the emergency and resilience of the internal market, better known as the internal market emergency and resilience act (IMERA). This is the last step in the decision-making procedure. The regulation adopted today is intended to anticipate, prepare for, […]
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Rail market opening: competition leads to lower ticket prices, EU study finds
A study released by the European Commission today highlights the user benefits of competition in both passenger rail and rail freight services. It reveals that increased competition in the EU rail market has resulted in significant reductions in ticket prices for rail passengers and in freight transportation costs. Efficiency gains are evident across all segments – passenger open access, public […]
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Commission opens WTO consultations on China’s anti-subsidy investigation on EU dairy products
The Commission has today launched a request for consultation of the World Trade Organisation (WTO), challenging China’s initiation of an anti-subsidy investigation against imports of certain EU dairy products. This is the first time that the EU has decided to challenge an investigation at its initial stage. The EU’s action has been prompted by an […]
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Commission report shows social investments and reforms support competitiveness, economic growth and social inclusion
Social investments and reforms in key areas can boost employment, social inclusion, competitiveness and economic growth. This is the main finding of the Commission’s 2024 Employment and Social Developments in Europe (ESDE) report. Reforms and financial support for early childhood education and care, skills development, lifelong learning, vocational training and certain job support schemes are particularly […]
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