The European Investment Bank (EIB) has signed a €470 million loan with the regional government of Valencia to co-finance a series of green, social and digital investments in the Spanish region. Through the EIB loan and co-financing from the Valencia regional government, support will be provided for projects included in the 2021-2027 operational programmes of EU […]
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EU-New Zealand trade agreement enters into force, opening up new opportunities for EU exporters
EU businesses, producers and farmers are now able to take advantage of a host of new export opportunities with the entry into force of the EU-New Zealand trade agreement today. The deal is expected to cut €140 million a year in duties for EU companies. Thanks to this deal, EU-New Zealand trade is expected to […]
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EU-Central America agreement enters into force
The EU-Central America Association Agreement has entered into force. This agreement paves the way for the EU and the six countries of Central America (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama) to take their economic and political relationship to the next level. Under the trade agreement (provisionally applied since 2012), total trade between […]
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Commission designates Apple’s iPadOS as a gatekeeper under the Digital Markets Act
The European Commission has designated Apple with respect to iPadOS, its operating system for tablets, as a gatekeeper under the Digital Markets Act (“DMA”). Apple now has six months to ensure full compliance of iPadOS with the DMA obligations. The investigation On 5 September 2023, the Commission designated Apple as a gatekeeper for its operating system iOS, its […]
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EU economic governance review: Council adopts reform of fiscal rules
The Council adopted three pieces of legislation that will reform the EU’s economic and fiscal governance framework. The main objective of the reform is to ensure sound and sustainable public finances, while promoting sustainable and inclusive growth in all member states through reforms and investment. “The new legislation will significantly improve the existing framework and provide effective and applicable […]
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European Commission sends Statement of Objections on proposed takeover of Air Europa by IAG
The European Commission has informed International Consolidated Airlines Group, S.A. (‘IAG‘) of the Commission’s preliminary view that IAG’s proposed acquisition of sole control of Air Europa Holding, S.L. (‘Air Europa‘) may restrict competition in the market for passenger air transport services, in particular for routes within, to and from Spain. The Commission is concerned that […]
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Commission designates Shein as Very Large Online Platform under the Digital Services Act
The Commission has formally designated Shein as a Very Large Online Platform (VLOP) under the Digital Services Act (DSA). Shein is a fashion online retailer with an average of more than 45 million monthly users in the European Union. This user number, which Shein has communicated to the Commission, is above the DSA threshold for designation as […]
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April infringement package: main decisions for Spain
The main decisions adopted by the Commission for Spain are presented below, grouped by policy area. Internal Market, Industry, Entrepreneurship and SMEs Commission urges BULGARIA, SPAIN and ROMANIA to comply with public procurement legislation The European Commission has decided to pursue infringement proceedings by sending a letter of formal notice to Romania [INFR(2023)2114] and by […]
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New EU fiscal rules approved by MEPs
MEPs approved a revamp of EU fiscal rules making them clearer, more investment friendly, better tailored to each country’s situation, and more flexible. The new rules, approved on Tuesday, were provisionally agreed upon between European Parliament and member state negotiators in February. Focus on investments MEPs significantly beefed up the rules to protect a government’s capability to […]
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