Last June the Commission published the results of the 2020 Digital Economy and Society Index (DESI), which monitors Europe’s overall digital performance and tracks the progress of EU countries with regard to their digital competitiveness. This year’s DESI report shows that there is progress in all Member States and in all key areas measured […]
Read MoreCouncil agrees its position on the Recovery and Resilience Facility
Following the political agreement reached by the ministers for economy and finance on 6 October 2020, member states’ EU ambassadors formally agreed the Council’s position on the Recovery and Resilience Facility. The facility is the centrepiece of the Next Generation EU recovery instrument designed to respond to the COVID-19 crisis and the challenges posed by […]
Read MoreEuropean Commission to issue EU SURE bonds of up to €100 billion as social bonds
the European Commission announces that it will issue its forthcoming EU SURE bonds of up to €100 billion as social bonds. To that end, the Commission has adopted an independently evaluated Social Bond Framework. This Framework is meant to provide investors in these bonds with confidence that the funds mobilised will serve a truly social objective. […]
Read MoreEconomic and Investment Plan to support the economic recovery and convergence of the Western Balkans
The European Commission adopted a comprehensive Economic and Investment Plan for the Western Balkans, which aims to spur the long-term economic recovery of the region, support a green and digital transition, foster regional integration and convergence with the European Union. EU High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, Josep Borrell, […]
Read MoreWebinar “New situation, new opportunities in Europe
Schedule Current economic situation. Short and medium term perspectives. Business responses. Alternatives. Who is it aimed for? Company Managers, Commercial and Export Managers and members of the company’s export departments. Introduction Although economic and social changes have accelerated steadily and increasingly in recent decades, the current situation created by Covid-19 in Europe, which concentrates most […]
Read MoreCommission to boost Europe’s capital markets
The European Commission has published a new, ambitious Action Plan to boost the European Union’s Capital Markets Union (CMU) over the coming years. The EU’s top priority is to ensure that Europe recovers from the unprecedented economic crisis caused by coronavirus. Developing the EU’s capital markets, and ensuring access to market financing, will be essential […]
Read MoreCommission approves Fortenova’s acquisition of Mercator
The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of Mercator by Fortenova. The Commission concluded that the transaction would raise no competition concerns in the European Economic Area (‘EEA’). Both Fortenova and Mercator are active in the supply of daily consumer goods. In the EEA, Fortenova is currently active in Croatia and Slovenia […]
Read MoreEurope’s raw materials supply: Commission announces actions to make supply more secure and sustainable
The Commission has presented an Action Plan on Critical Raw Materials, the 2020 List of Critical Raw Materials and a foresight study on critical raw materials for strategic technologies and sectors from the 2030 and 2050 perspectives. The Action Plan looks at the current and future challenges and proposes actions to reduce Europe’s dependency on third countries, diversifying supply […]
Read MoreCoronavirus: new measures supporting micro- and social enterprises under the EUR 400m EaSI Guarantee instrument
The European Investment Fund (EIF) and the European Commission are launching new COVID-19 support measures under the EaSI Guarantee Instrument (EaSI) to enhance access to finance for micro-borrowers, micro- and social enterprises. Support due to Coronavirus The new measures will support micro- and social enterprises as well as individual micro-borrowers hit by the socio-economic consequences […]
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