On Monday, the Housing Committee adopted its final recommendations on the housing crisis in the EU, proposing solutions for decent, sustainable and affordable housing. In its final report, adopted with 23 votes in favour, 6 votes against, and 4 abstentions, Parliament’s Special Committee on the Housing Crisis emphasises that millions of Europeans face precarious living […]
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The EU is studying the investment needed to improve trade routes between Europe and Central Asia via the Caucasus.
The Trans-Caspian Corridor, a rail and port route connecting Europe, Turkey, the rest of the Black Sea region, Armenia, Azerbaijan and Central Asia, is becoming an alternative trade route linking the two continents. Since 2022, trade on this route has quadrupled and, with the right investments, could triple by 2030. To help turn this momentum […]
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Commission approves €3 billion German State aid scheme to support cleantech manufacturing capacity
The European Commission has approved a €3 billion German State aid scheme to support strategic investments that add clean technology (cleantech) manufacturing capacity in line with the objectives of the Clean Industrial Deal. This measure will contribute to the transition towards a net-zero economy. The scheme was approved under the Clean Industrial Deal State Aid Framework (CISAF) adopted by […]
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The EU and KfW promote alternative financing for vulnerable businesses
The European Commission and KfW, the German development bank, announced the signing of a guarantee agreement worth up to €135 million to expand access to finance through alternative channels for micro, small and medium-sized enterprises (MSMEs) in the Western Balkans, the Eastern Neighbourhood, North Africa and the Middle East, and Turkey. Supported by the European […]
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New measures to protect EU steel market from global overcapacity
On Tuesday, the International Trade Committee adopted a series of measures to counteract the negative impact of global overproduction on the EU steel market. By 36 votes in favour and 2 against, with 5 abstentions, MEPs on the International Trade Committee have adopted their position on the proposed regulation to counteract the negative trade-related effects of the […]
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EU Startup and Scaleup Strategy – progress so far and challenges ahead
Commissioner for Startups, Research and Innovation, Ekaterina Zaharieva, hosted the third European Startup and Scaleup Forum in Brussels, bringing together founders, investors and other industry leaders from across Europe. Eight months after the adoption of the EU Startup and Scaleup Strategy, the Forum provided an opportunity to take stock of implementation progress, assess early impact […]
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EU and India conclude landmark Free Trade Agreement
The EU and India concluded negotiations for a historic, ambitious and commercially significant free trade agreement (FTA), the largest such deal ever concluded by either side. It will strengthen economic and political ties between the world’s second and fourth largest economies, at a time of rising geopolitical tensions and global economic challenges, highlighting their joint commitment […]
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Stability and Growth Pact: Council opens excessive deficit procedure for Finland
The Council has opened an excessive deficit procedure (EDP) for Finland. It has also adopted a recommendation to Finland outlining the net expenditure path and timetable that the country must follow to end its excessive deficit by 2028. The EDP mechanism aims to ensure that EU Member States maintain or restore discipline in their public […]
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MEPs propose new legal framework for innovative companies
A single set of pan European harmonised rules should deepen the single market and boost cross-border investment. With 492 votes in favour, 144 against and 28 abstentions, MEPs adopted a series of recommendations on Tuesday that will feed into the Commission proposal for a new legal framework supporting companies in the EU that is expected […]
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