On Tuesday, Parliament approved two pieces of legislation to implement the tariff commitments made by the EU under the declaration signed with the US in August 2025. The main regulation, adopted by 440 votes in favour, 151 against and 50 abstentions, removes tariffs on all US industrial goods and grants preferential access to the EU […]
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The EU agrees to accelerate the development of the defence industrial base and streamline public procurement in the defence sector
The European Commission welcomes the provisional political agreement reached between the European Parliament and the Council of the EU to simplify public procurement in the fields of security and defence, facilitate investment in defence and support the defence industry. The Commission proposed the comprehensive package of defence measures a year ago, as part of the […]
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Commission adopts temporary adjustments to Basel III Market Risk Rules to safeguard EU banks’ competitiveness
To ensure that the EU banking sector benefits from a level playing field with international competitors, the European Commission has introduced targeted, time-limited amendments to its implementation of the new market risk capital framework for banks. The measures will apply for three years from 1 January 2027. The Fundamental Review of the Trading Book (FRTB), part […]
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New scoreboard shows success of European startup policies
Europe’s startup and scaleup ecosystem has been growing steadily, according to the first-ever European Startup and Scaleup Scoreboard (ESSS) published last May 29 by the European Commission. The scoreboard reveals a clear trend: pro-startup policies drive real results. Since 2020, the baseline year for the Scoreboard, 20 out of 27 EU Member States have improved their […]
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The Commission fines Temu €200 million for breaching the Digital Services Act
The European Commission has fined Temu €200 million under the Digital Services Act (DSA). The company failed to properly identify, analyse or assess the systemic risks arising from the sale of illegal products on its platform and the resulting harm to consumers in the European Union. The evidence available to the Commission indicates that it […]
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The Commission is seeking comments on the functioning of EU rules on crypto-assets
The European Commission has launched a consultation to gather feedback from stakeholders and the general public on the functioning of the EU’s regulatory framework for crypto-assets, the Markets in Crypto-assets Regulation (MiCA). As crypto-asset markets and the broader policy landscape continue to evolve, the Commission is assessing whether the current framework remains fit for purpose. […]
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The Commission welcomes the political agreement on the implementation of the EU-US trade agreement
The European Commission welcomes the political agreement reached today between the European Parliament and the Council of the EU on two regulations that remove tariffs on all US industrial products and grant preferential market access to certain US agricultural and fishery products, in line with the EU’s commitments set out in the EU-US Joint Statement […]
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Overcapacity in the steel sector: MEPs approve new measures to protect the EU steel market.
The new regulations replace the measures due to expire on 30 June 2026 and will help to protect the EU steel industry from the negative effects of a global steel surplus. The regulation introduces lower import quotas by limiting duty-free import volumes to 18.3 million tonnes per year, representing a 47% reduction compared to the […]
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The EU continues to monitor the oil market and is preparing a response to the situation regarding jet fuel supplies
The meeting of the Oil Coordination Group brought together experts from the European Commission, EU member states, the International Energy Agency (IEA) and NATO, as well as representatives from the oil industry, to discuss the security of oil supply in Europe and the best way to coordinate efforts at EU level whilst the conflict in […]
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