Have you ever struggled to understand whether you were buying directly from Google or from a different brand, or had difficulty finding information about final costs? In order to further align its practices with EU law – mainly on lack of transparency and clear information to consumers – Google has committed to introduce changes in […]
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EU trade with Russia declined strongly
EU trade with Russia has been strongly affected following Russia’s invasion of Ukraine, with the EU imposing import and export restrictions on several products. The effects of these measures have been particularly visible in the latest months. Considering seasonally adjusted values, both exports and imports dropped considerably below the levels prior to Russia’s invasion. Russia’s share in extra-EU imports fell from 6.4% […]
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MEPs adopt legislation to boost EU chips industry
On Tuesday, MEPs backed plans to secure the EU supply of chips by boosting production and innovation, and setting up emergency measures against shortages. The Industry and Energy Committee adopted two draft bills: one on the “Chips Act” that aims to bolster technological capacity and innovation in the EU Chips ecosystem and a second one […]
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Commission launches consultation on reform to support a clean and affordable energy transition
The European Commission is launching a public consultation on the reform of the European Union’s electricity market design to better protect consumers from excessive price volatility, support their access to secure energy from clean sources, and make the market more resilient. The current system has delivered an efficient, well-integrated market for many years, allowing the EU […]
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EIB and the region of Valencia sign €50 million loan agreement for FGV to modernise and expand sustainable public rail transport
The European Investment Bank (EIB) and the region of Valencia have signed a €50 million finance contract for Ferrocarrils de la Generalitat Valenciana (FGV), a public company owned by the regional government responsible for operating and managing regional railways, the Valencia metro network and the Alicante tram. The loan is the first tranche of approved financing […]
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EU increases humanitarian aid funding to 1.7 billion euros for 2023
As humanitarian needs continue to rise globally, the EU maintains its commitment to support those in need by adopting its initial annual humanitarian budget of €1.7 billion for 2023. Human-induced humanitarian crises, resulting from wars with often widespread violations of international humanitarian law, conflicts or outbreaks of violence are the main source of humanitarian needs […]
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Digital Markets Act: rules for digital gatekeepers to ensure open markets enter into force
The EU Digital Markets Act (DMA) entered into force on 1 November. The new Regulation will put an end to unfair practices by companies that act as gatekeepers in the online platform economy. It was proposed by the Commission in December 2020 and agreed by the European Parliament and the Council in record-time, in March […]
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Eurogroup welcomed Croatia to the euro family – 16 January 2023
Euro area enlargement: update on euro cash changeover in Croatia The Eurogroup marked the particular occasion of Croatia’s euro accession. The Croatian minister, the Commission and the ECB updated ministers on the state of play on the changeover to the euro. Digital euro: stocktake on the advancement of the project The Eurogroup took stock of […]
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Thierry Breton, Commissioner for the Internal Market, visits Madrid
The visit to Madrid by the Commissioner for the Internal Market, Thierry Breton, which began the previous day with a meeting with the Minister of Science and Innovation, Diana Morant, concluded on January 10, when the Commissioner and the Minister discussed about the European space policy and other strategic issues. Afterwards, in a working lunch […]
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