The European Commission has adopted new proposals that will cut red tape and simplify EU rules for citizens and business. In the recent Competitiveness Compass, the Commission set out its vision to make the EU’s economy more prosperous and competitive, building on the recommendations of the Draghi report. To regain competitiveness and unleash growth, the EU needs to foster […]
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Steel 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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Towards an EU Startup and Scaleup Strategy
The Commission is developing a Startup and Scaleup Strategy in 2025. Why it’s needed, how to contribute, news and events. What the Commission is doing In 2025, the European Commission will adopt an EU Startup and Scaleup Strategy. The Commission has put startups, research and innovation among the key priorities of its mandate, with the goals […]
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Statement on the US reciprocal tariff policy
“The European Commission views President Trump’s proposed “reciprocal” trade policy as a step in the wrong direction. The EU remains committed to an open and predictable global trading system that benefits all partners. The EU maintains some of the lowest tariffs in the world and sees no justification for increased US tariffs on its exports. […]
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Parliament green lights update of VAT rules to make them fit for digital times
The update will notably require that VAT be paid for services provided through online platforms, putting an end to an unfair distortion of competition. It will also fight VAT fraud. On Wednesday, Parliament’s plenary approved the changes to the rules that member states indicated in November they wished to make to the VAT Directive. MEPs […]
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Commission authorizes the acquisition of BISA by Repsol and Bunge
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of BISA (from Spain) by Repsol (from Spain) and Bunge (from Switzerland). The transaction mainly relates to the processing of oilseeds and the production of biodiesel. The Commission concluded that the notified transaction would not raise competition concerns, given its […]
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Commission announces actions for safe and sustainable e-commerce imports
The Commission is taking action to tackle risks stemming from low-value imports sold via non-EU online retailers and marketplaces hosting non-EU traders. These actions are part of the Communication on E-Commerce, ‘A Comprehensive EU Toolbox for Safe and Sustainable E-commerce’, which the Commission is proposing today. The Commission encourages actions, among others, in the areas of […]
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What is the Competitiveness Compass?
A new framework to rekindle economic productivity and secure the EU’s competitive edge has been presented by the European Commission. The Competitiveness Compass builds on the recommendations set out in Mario Draghi’s report on the future of European competitiveness. It will steer the EU’s work on competitiveness over the next five years and translate the report’s recommendations […]
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Commission calls on Member States to review outbound investments and assess risks to economic security
The Commission published on the 15t a Recommendation calling on EU Member States to review outbound investments of their companies into non-EU countries. The Recommendation applies to three technology areas of strategic importance as well as the highest risk – semiconductors, artificial intelligence and quantum technologies – and calls on Member States to assess risks to economic security potentially […]
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