This year marks the 30th anniversary of the entry into force of the European Economic Area (EEA) Agreement. The EEA Agreement, which unites our States in the internal market, has been the bedrock of our close and special partnership. It has greatly contributed to the prosperity of our societies and economies. This exceptional milestone invites […]
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EU and Australia sign partnership on sustainable critical and strategic minerals
The EU and Australia signed a Memorandum of Understanding (MoU) for a bilateral partnership to cooperate on sustainable critical and strategic minerals. The MoU was signed on behalf of the EU by Executive Vice-President and Commissioner for Trade Valdis Dombrovskis, and Commissioner for Internal Market, Thierry Breton. The signatories for Australia were Resources and Northern Australia Minister Madeleine King, […]
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European Critical Raw Materials Act: law to ensure access to a diversified, affordable and sustainable supply enters into force
The European Critical Raw Materials Act entries into force, which aims at ensuring a diverse, secure, and sustainable supply of critical raw materials for the EU’s industry. Secured access to critical raw materials is essential for strategic sectors including clean technologies, digital, defence and aerospace industries. Europe now has a regulatory framework to strengthen domestic […]
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European Commission fines Mondelēz, maker of Milka and Oreo, €337.5m for restrictions on cross-border trade
The European Commission has fined Mondelēz International, Inc. (Mondelēz) €337.5 million for hindering the cross-border trade of chocolate, biscuits and coffee products between Member States, in breach of EU competition rules. The Commission remains committed to bringing down unjustified barriers to ensure a better functioning of the Single Market. Territorial supply constraints by suppliers are a […]
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The Commission decides to refer SPAIN to the Court of Justice of the European Union for failing to implement taxation rules set out by the Merger Directive
The European Commission decided to refer Spain to the Court of Justice of the European Union for failure to ensure correct implementation of the Merger Directive on the common system of taxation applicable to Member States (Directive 2009/133/EC). The objective of the Merger Directive is to remove fiscal obstacles to cross-border reorganisations involving companies situated in two […]
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EIB and MicroBank to provide €200 million to finance microenterprises and self-employed in Spain
The EIB and MicroBank have signed a €100 million loan that MicroBank will top up with a further €100 million to provide microloans to small businesses and self-employed individuals wanting to launch or expand their businesses. The transaction will boost job creation, especially among young entrepreneurs in need of liquidity to turn their ideas into business […]
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Council position on increasing the safety level of toys
The Council has adopted its position (negotiating mandate) on the toy safety regulation that updates the rules to protect children from risks related to the use of toys. While the current legislation makes EU toy safety rules among the strictest in the world, the proposed legislation aims to increase protection from harmful chemicals (e.g. endocrine […]
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EU expands scope of sanctions against Iran
The Council has decided to broaden the scope of the EU framework for restrictive measures in view of Iran’s military support of Russia’s war of aggression against Ukraine. This framework, adopted in July 2023, currently prohibits the export of components used in the construction and production of Unmanned Aerial Vehicles (UAVs) from the EU to Iran, and […]
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EU allocates €130 million in humanitarian aid for Latin America and the Caribbean in 2024
The European Commission has allocated nearly €130 million this year in humanitarian aid for Latin American and the Caribbean, to address the needs of the most vulnerable people affected by the main ongoing emergencies. This includes over €1 million just approved to respond to the devastating floods in Brazil, which in past weeks have affected […]
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