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 […]
Read MoreCommission 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 […]
Read MoreThe 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 […]
Read MoreNew 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 […]
Read MoreEU 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 […]
Read MoreMEPs 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 […]
Read MoreThe European Commission announces the members of the third Platform on Sustainable Finance
The European Commission has published the list of members for the third term of the Platform on Sustainable Finance. The Platform will advise the Commission on issues related to the EU taxonomy and the EU sustainable finance framework in general. Following a call for applications in July 2025, the Commission appointed 28 members and 16 […]
Read MoreEU tourism nights at record 3.08 billion in 2025
In 2025, the estimated number of nights spent at tourist accommodation establishments in the EU reached 3.08 billion, exceeding the previous year by 61.5 million, or 2%. The growth in tourism nights was mainly driven by an increase in nights spent by international guests (+46.1 million), while the nights spent by domestic guests saw growth at a slower pace (+15.4 million). […]
Read MoreCommission takes action for more affordable housing across Europe
With the first-ever European Affordable Housing Plan presented last Decemeber 16, the Commission addresses one of the most pressing needs of European citizens: access to affordable, sustainable and good-quality housing. With an average increase of house prices by more than 60%, and of rents by more than 20% in the past ten years, millions of Europeans are […]
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