The European Commission has proposed five new large-scale projects, known as European Defence Projects of Common Interest (EDPCI),to help EU countries strengthen their defence capabilities through the joint development of key military systems. The industrial projects focus on five priority areas: drones and anti-drone systems; maritime and seabed defence; space; air and missile defence; and […]
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New rules come into force to protect the EU steel industry from the harmful effects of global overcapacity
Today, 1 July 2026, new legislation will come into force to protect the EU steel sector from the harmful effects of global overcapacity. This represents a crucial step towards ensuring the long-term viability of a European industry of vital strategic importance. Under these new rules,the European Commission has today published the implementing regulation setting out […]
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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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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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The Commission launches the European Housing Alliance
The European Commissioner for Energy and Housing, Dan Jørgensen, is inviting Member States, regions, cities and other stakeholders across the EU to join the first European Housing Alliance. This historic initiative aims to strengthen cooperation, mutual learning and the exchange of best practices on housing across the EU. It will contribute to the on-the-ground implementation […]
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