The Council has agreed its stance (general approach) on a proposal for regulation on wholesale energy market integrity and transparency (REMIT). The proposal aims to support an open and fair competition in the European wholesale energy markets, by banning trading based on inside information and deterring market manipulation. The proposal on REMIT is part […]
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EIB and Grupo Cajamar will direct €980 million in new financing to SMEs and mid-caps in rural areas and to green projects
The European Investment Bank (EIB) and Grupo Cooperativo Cajamar have signed a purchase agreement of a €350 million covered bond issue. The transaction enables the cooperative bank Cajamar to make up to €784 million in financing available to support investment in projects of small and medium-sized enterprises (SMEs) and mid-caps, especially those operating in rural […]
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European Commission approves €680M in aid for the deployment of 5G mobile networks in Spanish rural areas
The European Commission has approved, under EU State aid rules, a €680 million Spanish scheme made available through the Recovery and Resilience Facility (‘RRF’) to roll out equipment and infrastructure for high-performing 5G standalone networks in underserved rural areas. The measure is part of Spain’s strategy to address the needs of citizens and businesses in […]
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Spain submits a petition to revise the recovery and resilience plan and include a REPowerEU chapter
On June 6, Spain submitted a request to the Commission to amend its recovery and resilience plan, to which it wishes to add a REPowerEU chapter. The general amendments proposed by Spain would add 18 reforms and 25 new or expanded investments, and would involve more than €95 billion of additional RRM funding. The proposed […]
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June 8 – World Oceans Day
June 8 marks World Oceans Day, a date established by the UN to recognize the importance of the oceans to the planet. The ocean covers more than 70% of the planet. It is our source of life and sustenance for humanity and all other organisms on earth. To commemorate this day. The CDE of Almeria […]
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The European Commission has proposed an annual EU budget of €189.3 billion for 2024
The budget will be complemented by an estimated €113 billion in payments for grants under NextGenerationEU, the EU’s post-pandemic recovery instrument. Their combined firepower will keep driving Europe’s ongoing economic recovery and create jobs, while strengthening Europe’s strategic autonomy. The EU faced exceptional challenges in the last years, including fast rising inflation, which put considerable […]
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New unitary patent system launched to make it easier for companies to protect their innovations in Europe
The Commission welcomes the launch of the Unitary Patent system today, which will make it simpler and easier for companies to protect their innovations in Europe and capitalise on their intellectual property. The Unitary Patent system will strengthen the EU’s innovation and competitiveness and complete the Single Market for patents. It will initially cover 17 […]
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The European Commission has presented 5 legislative proposals to support clean and modern shipping
The Commission has presented five legislative proposals to modernise EU rules on maritime safety and prevent water pollution from ships. With 75% of the EU’s external trade being seaborne, maritime transport is not only the artery of a globalised economy, but also a lifeline for the EU’s islands, peripheral and remote maritime regions. Although maritime […]
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Ceuta, Melilla and Andalusia the European regions with the highest unemployment rates in the EU
In 2022, the unemployment rate of people aged 15-74 in the EU was 6.2%. However, the rate varied across the EU regions. The lowest unemployment rates were recorded in Central Bohemia (1.2%), Prague (1.6%), South-East and South-West in Czechia as well as Central Transdanubia in Hungary (all 1.7%). At the opposite end of the scale, […]
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