On Tuesday, MEPs gave their green light to an extraordinary loan of up to €35 billion to Ukraine, to be repaid with future revenues from frozen Russian assets. With 518 votes in favour, 56 against and 61 abstentions, Parliament endorsed the new macro-financial assistance (MFA) to help Ukraine against Russia’s brutal war of aggression. This […]
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Commission joins forces with venture capital to support deep tech innovation in Europe
The Commission has launched a Trusted Investors Network bringing together a group of investors ready to co-invest in innovative deep-tech companies in Europe together with the EU. The Union’s investment comes from the European Innovation Council (EIC) Fund, which is part of the EU research and innovation programme Horizon Europe. The first group comprises 71 investors […]
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Cooperation on screening of foreign direct investments strengthens EU security
EU Member States and the Commission are strengthening their cooperation on identifying and addressing investments from third countries that threaten EU security or public order, according to a Commission report published today. The 4th Annual Report on the screening of foreign direct investments (FDI) into the Union observes that the number of notifications to the EU cooperation mechanism increased by 18% since the […]
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Which EU regions are receiving the most foreign tourists?
In 2023, the number of people travelling abroad for tourism had fully recovered from the impact of the COVID-19 crisis, with restrictions lifted for all destinations. The 3 EU regions at level 2 of the nomenclature of territorial units for statistics (NUTS 2) with the highest number of nights spent by foreign tourists were the Spanish island regions of […]
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The Commission does not designate X as a core platform service.
The Commission has today found that X’s online social networking service should not be designated as a core platform service under the Digital Markets Regulation. Today’s decision follows an in-depth market investigation initiated on 13 May 2024 following notification by X of its potential gatekeeper status. Along with the notification, X also submitted counter-arguments, explaining […]
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Trade Committee approves financial aid to Ukraine backed by Russian assets
MEPs in the Trade Committee voted on Monday to support a loan of up to €35 billion to Ukraine as the EU’s contribution to the G7’s support initiative. The Trade Committee voted by 31 in favour, 4 against and no abstentions on the Commission proposal to support Ukraine with an exceptional Macro-Financial Assistance (MFA) loan […]
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Nearly 100 000 certified products and services use the European Ecolabel
The latest figures for products and licences certified by the European Ecolabel published today show a steady upward trend for most product groups. The growing use of the EU Ecolabel is accelerating compared to previous years. Europeans can choose from almost 100,000 EU Ecolabel certified products and services, 10,000 more than last year. Tourist accommodation […]
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The European Court of Auditors (ECA) publishes its Annual Report on the EU budget 2023
The Commission welcomes the European Court of Auditor (ECA)’s extensive work on its Annual Report on the 2023 EU budget and takes note of the ECA’s valuable insights as regards the regularity of the EU budget implementation. Main achievements of the EU budget in 2023 In 2023, the EU budget continued delivering on our priorities. […]
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Commission stands firm in the fight against trade defence abuse
The EU takes any unfair use of trade defence instruments against any sector of our economy with the utmost seriousness. The abuse of trade defence for inappropriate reasons constitutes a clear violation of WTO rules. The Commission will therefore vigorously challenge at WTO level the announced imposition of provisional anti-dumping measures by China on imports […]
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