The Commission is taking action to tackle risks stemming from low-value imports sold via non-EU online retailers and marketplaces hosting non-EU traders. These actions are part of the Communication on E-Commerce, ‘A Comprehensive EU Toolbox for Safe and Sustainable E-commerce’, which the Commission is proposing today. The Commission encourages actions, among others, in the areas of […]
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What is the Competitiveness Compass?
A new framework to rekindle economic productivity and secure the EU’s competitive edge has been presented by the European Commission. The Competitiveness Compass builds on the recommendations set out in Mario Draghi’s report on the future of European competitiveness. It will steer the EU’s work on competitiveness over the next five years and translate the report’s recommendations […]
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Commission calls on Member States to review outbound investments and assess risks to economic security
The Commission published on the 15t a Recommendation calling on EU Member States to review outbound investments of their companies into non-EU countries. The Recommendation applies to three technology areas of strategic importance as well as the highest risk – semiconductors, artificial intelligence and quantum technologies – and calls on Member States to assess risks to economic security potentially […]
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House prices and rents went up in Q3 2024
In the third quarter of 2024, house prices in the EU went up by 3.8%, while rents increased by 3.2% compared with the third quarter of 2023. Compared with the second quarter of 2024, house prices increased by 1.4% and rents by 0.9%. This information comes from data on house prices and rents published by Eurostat today. This article presents […]
Read MoreEU adapts product liability rules to digital age and circular economy
New product liability rules have entered into force, reflecting the increasing digital features of products and the growing circular economy. The EU’s product liability regime was established in 1985 to compensate those who have suffered physical injury or property damage due to a defective product. Since then, technological developments, new circular economy business models and ever-more […]
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Spanish group NorteGas backed with €80 million to build biomethane plants in Spain
The European Investment Bank (EIB) has granted Nortegas Group a framework financing of up to €80 million to enable group subsidiary Nortegas Renovables to finance the construction of biomethane plants in Spain and launch a digital operations centre. The EIB and InvestEU-financed project will enable the development of the first phase of Nortegas Renovables’ strategic plan, […]
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Commission approves French State aid to Corsica Linea and La Méridionale for maritime transport services
The European Commission has found a €853.6 million public service compensation in favour of Corsica Linea and La Méridionale to be in line with EU State aid rules. The French measures will compensate both companies for the provision of passenger and freight maritime transport services between Marseille and Corsica (Ajaccio, Bastia, Propriano, Porto-Vecchio and L’Île […]
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Commission challenges China’s anti-dumping tariffs on EU brandy at the WTO
Yesterday, the European Commission has formally requested consultations at the World Trade Organization (WTO) over the provisional anti-dumping measures imposed by China on imports of EU brandy. This step reflects the EU’s firmly held view that China’s provisional measures on EU brandy are not in line with WTO rules. China has not proven that there is any threat of […]
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At the initiative of the EU, a New Collective Quantified Goal (NQCG) for climate finance is adopted at COP29
At the COP29 UN Climate Change Conference in Baku, the European Commission and EU Member States took the lead in brokering a deal to align global financial flows with the objectives of the Paris Agreement. Through the adoption of a New Collective Quantified Goal (NCQG) for Climate Finance, the EU successfully broadened the global contributor base for climate […]
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