The European Investment Bank (EIB) and Grupo Cooperativo Cajamar have signed a purchase agreement of a €350 million covered bond issue. The transaction enables the cooperative bank Cajamar to make up to €784 million in financing available to support investment in projects of small and medium-sized enterprises (SMEs) and mid-caps, especially those operating in rural […]
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European Commission approves €680M in aid for the deployment of 5G mobile networks in Spanish rural areas
The European Commission has approved, under EU State aid rules, a €680 million Spanish scheme made available through the Recovery and Resilience Facility (‘RRF’) to roll out equipment and infrastructure for high-performing 5G standalone networks in underserved rural areas. The measure is part of Spain’s strategy to address the needs of citizens and businesses in […]
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Human rights breaches by Russia, in Sudan and in Hong Kong
On Thursday, the European Parliament adopted three resolutions on the respect for human rights by Russia, in Sudan and in Hong Kong. Torture and criminal prosecution of Ukrainian minors Tihran Ohannisian and Mykyta Khanhanov by the Russian Federation Parliament demands that the proceedings against Tihran Ohannisian and Mykyta Khanhanov should end and the charges against […]
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Priorities of the Spanish Presidency of the Council of the European Union
Spain assumes the Presidency in the second half of 2023, from July 1 to December 31, in a period of great challenges for the Member States and the European Union as a whole. The Spanish Presidency has established four priorities for its semester. Reindustrialise the EU and ensure its open strategic autonomy The international openness […]
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How many MEPs will each EU country get in 2024?
Parliament wants to increase the number of MEPs to reflect demographic changes since 2019. In June 2023, a year ahead of the European elections planned for 6-9 June 2024, MEPs proposed the allocation of seats for each country in the next Parliament. The proposal is to increase the number of MEPs, from the current 705 […]
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MEPs see “strong indications” that the governments of Morocco and Rwanda have spied on high-profile EU citizens
Based on a year-long investigation into the use of Pegasus and equivalent surveillance spyware, MEPs argue that the illicit use of spyware has put “democracy itself at stake” and call for credible investigations, legislative changes and better enforcement of existing rules to tackle abuse. The resolution was adopted with 411 votes in favour, 97 against, […]
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Council and European Parliament agree on rules to digitalise the visa procedure
Council negotiators and the European Parliament have provisionally agreed on rules to digitalise the visa procedure. The regulation introduces the possibility to apply for a visa online and replaces the current visa sticker with a digital visa. The goal of the proposal is twofold: to make the visa application procedure more efficient and to improve […]
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EU-US Critical Minerals Agreement
The European Commission has adopted its negotiating directives for a Critical Minerals Agreement (CMA) with the United States. The objective is to foster EU-US supply chains in critical raw materials needed in the production of electric vehicle batteries. In 2022 alone, the EU exported €8.3 billion worth of critical raw materials relevant to this industry. […]
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MEPs call for new rules to avoid the exploitation of trainees across the EU
Parliament urges the Commission to propose legislation to ensure the quality of traineeships across the EU. On Wednesday, plenary adopted with 404 votes in favour, 78 against and 130 abstentions a report calling on the Commission to propose a directive on Quality Traineeships and to update the existing Quality Framework for Traineeships. According to MEPs, […]
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