The EU’s high level of trade diversification, showcased in a European Commission report published today, supports a competitive and resilient EU agri-food sector. Trading key commodities, such as food, with a wide array of partners minimises supply chain risks and vulnerabilities. In the case of agrifood products, it strengthens resilience by not creating unnecessary dependencies […]
Read MoreCommission launches investigation on subsidised electric cars from China
The European Commission has formally launched today an anti-subsidy investigation into the imports of battery electric vehicles (BEV) from China. The investigation will first determine whether BEV value chains in China benefit from illegal subsidisation and whether this subsidisation causes or threatens to cause economic injury to EU BEV producers. Should both prove true, the […]
Read MoreMEPs want to tackle inconsistent rules for airline carry-on luggage
In a resolution on uniform standards for airline carry-on luggage, MEPs argue that consistent EU rules on sizing and pricing are needed. The text, adopted with a show hands, highlights citizens’ concerns about the inconvenience and discomfort caused by inconsistent rules on airline carry-on luggage. EU legislation on air passenger rights should be revised to […]
Read MoreThe European Commission recommends carrying out a risk assessment of 4 critical technology areas: advanced semiconductors, AI, quantum and biotechnologies
The Commission adopted a Recommendation on critical technology areas for the EU’s economic security, for further risk assessment with Member States. This Recommendation stems from the Joint Communication on a European Economic Security Strategy that put in place a comprehensive strategic approach to economic security in the EU. This Recommendation relates to the assessment of one of […]
Read MoreCommission endorses Spain’s €163 billion modified recovery and resilience plan
The Commission has given a positive assessment of Spain’s modified recovery and resilience plan, which includes a REPowerEU chapter. The plan is now worth €163 billion (€83 billion in loans and €80 billion in grants) and covers 111 reforms and 142 investments. Spain’s REPowerEU chapter consists of a new reform, a scaled-up investment drawing on three existing measures, and seven new investments to deliver […]
Read MoreAnti-coercion instrument: the EU’s new weapon to protect trade
The anti-coercion instrument will be the EU’s new tool to fight economic threats and unfair trade restrictions by non-EU countries. Why does the EU need a new tool to tackle trade conflicts? Global trade can help to boost wealth and create jobs. However, sometimes countries resort to blackmail or trade restrictions to give their companies […]
Read MoreDo you know how Europeans travel?
The great cultural and gastronomic wealth of European cities and towns attracts, every year, a multitude of tourists, both from inside and outside the European Union. We analyze the data on tourism in the EU in recent years. Europe has a lot of great places to travel and explore. The great cultural and gastronomic richness […]
Read MoreEU calls for greater market access and fair competition at EU-China High-Level Dialogue
European Commission Executive Vice-President, Valdis Dombrovskis, and Vice Premier of the State Council, He Lifeng, co-chaired today the 10th EU-China High-level Economic and Trade Dialogue (HED). The HED is the main platform for the EU and China to discuss economic and financial matters, as well as trade and investment cooperation. Specifically, the two sides discussed […]
Read MoreEuropean Commission bans Booking’s takeover of eTraveli
The European Commission has prohibited, under the EU Merger Regulation, the proposed acquisition of Flugo Group Holdings AB (‘eTraveli’) by Booking Holdings (‘Booking’). The acquisition would have allowed Booking to strengthen its dominant position on the market for hotel online travel agencies (‘OTAs’) in the European Economic Area (‘EEA’). Booking did not offer remedies that were sufficient […]
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