The Commission has received official recovery and resilience plans from Denmark, Spain, Latvia and Luxembourg. The Recovery, Transformation and Resilience plan aims to provide €672.5 billion in loans and grants to support reforms and investments undertaken by Member States. The aim is to reduce the economic and social impact of the coronavirus pandemic and to […]
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Green light for a more accessible Globalisation Fund
The European Commission has proposed to mobilise EUR 345,000 for technical assistance for the European Globalisation Adjustment Fund (EGF). This proposal has been endorsed by the European Parliament’s Committee on Budgets, which stressed that the fund should be used to support permanently redundant workers and the self-employed in the context of the global crisis caused […]
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LIFE 2021 Program
LIFE is the only programme at EU-level solely dedicated to the environment and climate and the programme for 2021-27 is the most ambitious yet. There will be €3.5 billion for environmental activities and €1.9 billion for climate action. The programme is part of the Green Deal package proposed by the European Commission. Creating a cleaner and more circular […]
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Eurojust assists with halting online investment scam in Italy
Eurojust has assisted the Italian authorities in halting an online investment scam used to launder money for an estimated amount of EUR 9.6 million. The swindle also defrauded more than 100 Italian victims for a total of at least EUR 1.3 million via a website, operating through a market-listed German investment company registered in Cyprus. […]
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EIB provides €300 million in financing to Banco de Sabadell to support Spanish companies affected by the pandemic
The European Investment Bank (EIB) is joining forces with Banco de Sabadell to expand its capacity to lend to small and medium-sized enterprises (SMEs) and mid-caps hit by the economic impact of the COVID-19 pandemic. To this end, the EIB will provide €300 million in financing to enable the Spanish bank to mobilise a total of […]
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The European Committee of the Regions calls for a new Atlantic macro-region to better tackle Brexit and the COVID-19 pandemic
Atlantic regions are facing the consequences of Brexit in fisheries, trade and transport while also suffering from the impact of COVID-19 on maritime links, tourism and logistics chains. The European Committee of the Regions (CoR) has put forward a set of proposals to strengthen cooperation between EU Atlantic regions to better tackle the impact caused […]
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Macao: EU reports on political and economic developments in 2020
The European Commission and the High Representative have adopted their latest annual report to the European Parliament and the Council of Ministers on political and economic developments in the Macao Special Administrative Region, covering 2020. The report highlights that, in 2020, the ‘One Country, Two Systems’ principle continued to be implemented as foreseen in the […]
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European Commission authorises fourth vaccine against COVID-19: Janssen
The European Commission has granted a conditional marketing authorisation (CMA) for the COVID‑19 vaccine developed by Janssen Pharmaceutica NV, one of the Janssen Pharmaceutical Companies of Johnson & Johnson, and the fourth COVID-19 vaccine authorised in the EU. This authorisation follows a positive scientific recommendation based on a thorough assessment of the safety, effectiveness and […]
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DarkMarket has been taken down
DarkMarket, the world’s largest illegal marketplace on the dark web, has been taken offline in an international operation involving Germany, Australia, Denmark, Moldova, Ukraine, the United Kingdom (the National Crime Agency), and the USA (DEA, FBI, and IRS). Europol supported the takedown with specialist operational analysis and coordinated the cross-border collaborative effort of the countries […]
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