The Council and the European Parliament have reached a provisional political agreement on the regulation to strengthen Europe’s semiconductor ecosystem, better known as the ‘Chips Act’. The deal is expected to create the conditions for the development of an industrial base that can double the EU’s global market share in semiconductors from 10% to at […]
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303 workers made redundant from Alu Ibérica in Galicia receive 1.2 million euros in aid
303 former employees of aluminium producer Alu Ibérica in the Galicia region in Spain should receive €1.2 million in EU aid after the company declared bankruptcy. On Monday, the Committee on Budgets approved Spain’s request for support from the European Globalisation Adjustment Fund for Displaced Workers (EGF). MEPs acknowledged that “the COVID-19 pandemic and the Russian war […]
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EU wins WTO case on India’s tariffs on ICT-related products
The World Trade Organisation (WTO) ruled in favour of the EU in a landmark case challenging India’s tariffs on key information and communications technology (ICT) products. In a panel decision, the WTO upheld all of the EU’s claims against India and found that India’s tariffs of up to 20 percent on certain ICT products, such […]
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Council approves €1 billion in ammunition aid for Ukraine
On 13th April, The Council adopted an assistance measure worth €1 billion under the European Peace Facility (EPF) to support the Ukrainian Armed Forces. This measure will allow the EU to reimburse member states for ammunition donated to Ukraine from existing stocks or from the reprioritisation of existing orders during the period 9 February to 31 May 2023. […]
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Andalusia was the third region in the EU in terms of the number of accommodations booked through online platforms.
During the fourth quarter of 2022 (Q4 2022), guests spent around 97 million nights in short-term rental accommodation in the EU, booked via Airbnb, Booking, Expedia Group or TripAdvisor. This corresponds to around +25% compared with the same period in 2021. With this value, platform tourism exceeded the levels (+10%) recorded in the pre-pandemic Q4 2019, when platforms reported around […]
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The EU supports development of new emergency shelter stocks with 116 million euros
To strengthen emergency response even further, the EU is establishing its own shelter reserves, which can be used in the event of a crisis or catastrophe that overwhelms national response capacities. The EU is allocating €116.6 million to Croatia, Poland, Slovenia, Spain, Sweden, and Turkey on 4th March to acquire and host new rescEU shelter […]
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Commission disburses over €150 billion to Member States under the Resilience and Recovery Fund
The Commission has disbursed more than €150 billion from the Recovery and Resilience Facility (RRF) to Member States, after €6 billion was paid to Spain on 31 May. This is an important milestone in the implementation of the RRF, the key instrument at the heart of the €800 billion NextGenerationEU recovery plan for Europe. In just […]
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European Commission adopts a proposal for a Directive aimed at greater transparency for companies
The European Commission has adopted a proposal for a Directive making it easier for companies to expand the use of digital tools and processes in EU company law. The proposal aims to facilitate cross-border companies’ operations and to increase business transparency and trust by making more information about companies publicly available at EU level. It […]
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The European Parliament will vote today on the European Commission’s proposed pay transparency rules
The European Parliament will vote on the Commission’s proposal on pay transparency today. The new Directive intends to ensure that equal pay for men and women is enforced effectively, to increase transparency in pay setting, and to promote access to justice for those who have experienced pay discrimination. The Commission issued the following statements before […]
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