During today’s EU-LAC Business Round Table as part of the EU-CELAC Summit, President Ursula von der Leyen has presented the EU-LAC Global Gateway Investment Agenda (GGIA), which revolves around the following pillars: a fair green transition, an inclusive digital transformation, human development and health resilience and vaccines. She also announced that Team Europe has committed over €45 billion to support the reinforced partnership […]
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Council agrees its position on 2024 draft budget
The ambassadors of member states to the EU (Coreper) agreed the Council’s position on the 2024 EU draft budget. In total, the Council’s position for next year’s budget amounts to €187.008 billion in commitments and €141.167 billion in payments. Overall, the Council takes a prudent approach. The Council stresses the importance for the budget for 2024 […]
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Commission decides to register initiative on taxing great wealth in the EU
The Commission decided to register a European Citizens’ Initiative (ECI) entitled ‘Taxing great wealth to finance the ecological and social transition’. The organisers of the initiative call on the Commission to establish a European tax on great wealth for the benefit of the ecological and social transition. The aim of the initiative is to contribute […]
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MEPs adopt legislation to boost EU chips industry
Plans to secure the EU’s supply of chips by boosting production and innovation, and establishing emergency measures against shortages, were adopted by Parliament on Tuesday. The new law, already agreed upon between Parliament and Council, aims to create a favourable environment for chip investments in Europe, by fast tracking permitting procedures and recognising their critical […]
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Commission adopts rules for implementing the Foreign Subsidies Regulation
The European Commission has adopted the rules for implementing the Foreign Subsidies Regulation (‘FSR’). The Implementing Regulation details procedural aspects of the implementation of the FSR. It also contains notification forms for concentrations involving foreign financial contributions and for foreign financial contributions in public procurement procedures. The Implementing Regulation The Implementing Regulation adopted takes into account the […]
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Eurobarometer: Europeans show more optimism regarding economy
The latest Standard Eurobarometer survey conducted in June 2023 and published yesterday shows that EU citizens continue to back overwhelmingly the energy transition and to expect massive investment in renewables. They continue to widely approve measures taken by the EU to support Ukraine and the Ukrainian people. They also support stronger EU defence cooperation and increased […]
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The Commission is proposing rules to make producers responsible for the full lifecycle of textile products
The Commission is proposing rules to make producers responsible for the full lifecycle of textile products and to support the sustainable management of textile waste across the EU. This initiative will accelerate the development of the separate collection, sorting, reuse and recycling sector for textiles in the EU, in line with the EU Strategy for Sustainable and Circular Textiles. Increasing the […]
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The EU wants to introduce minimum standards to make nearly all products on its market sustainable
Ecodesign entails the integration of environmental considerations into product development, aiming to create goods with the lowest possible environmental impact throughout their life cycle. EU manufacturers already have to align with ecodesign rules for energy-related products, such as heaters, refrigerators, vacuum cleaners or computers, reducing energy consumption and negative environmental effects in the design stage. […]
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The Commission proposes new rules to ensure stronger enforcement of the GDPR
The Commission proposes a new law to streamline cooperation between data protection authorities (DPAs) when enforcing the General Data Protection Regulation in cross-border cases. The new regulation will set up concrete procedural rules for the authorities when applying the GDPR in cases which affect individuals located in more than one Member State. For example, it will introduce an […]
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