The Commission adopted a proposal to allow the airline slot regime to respond more flexibly to unexpected developments in the near future. While the current rapid ascent in demand, as well as projections for future demand, point to an ongoing recovery of air traffic, recent experience has shown that the current slot rules are not sufficiently […]
Read MoreMEPs back boost for renewables use and energy savings
Share of renewable energy to be raised to 45% by 2030 Energy savings targets raised to 40% in final energy consumption, and 42.5% in primary energy consumption Revision of two laws to tackle climate change and boost energy security The Industry, Research and Energy Committee wants to accelerate substantially the deployment of renewable energy, and […]
Read MoreCouncil adopts additional €1 billion assistance to Ukraine
The Council today decided to provide € 1 billion of additional macro-financial assistance (MFA) to Ukraine, as a matter of urgency. Together with the emergency MFA of € 1.2 billion disbursed earlier this year, the total macro-financial support from the EU to Ukraine since the start of the war now reaches € 2.2 billion and it is […]
Read MoreCouncil adopts conclusions on the 2022 macroeconomic imbalance procedure – Ecofin July 12, 2022
Following the Economic and Financial Affairs Council meeting on July 12, the Council adopted conclusions on the 2022 in-depth reviews under the macroeconomic imbalances procedure. The Economic and Financial Affairs Council: Recalls that the EU economy is recovering from the COVID-19 crisis, while uncertainties remain high and rising, in particular due to the surging energy […]
Read MoreEU invests €1.8 billion in clean tech projects
The EU is investing over €1.8 billion in 17 large-scale innovative clean-tech projects with a third round of awards under the Innovation Fund. Grants will be disbursed from the Innovation Fund to help bring breakthrough technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components […]
Read MoreCouncil adopts Conclusions on EU Budget Sustainability – 12 July 2022
Following the Economic and Financial Affairs Council meeting on July 12, the Council adopted Conclusions on the Commission’s 2021 fiscal sustainability report. The Council (Ecofin): Welcomes the Commission’s “Fiscal Sustainability Report 2021”, which updates the assessment of fiscal sustainability risks across the European Union, based on an enriched multidimensional approach and drawing from the 2021 […]
Read MoreSecond Annual Conference on the Global State of Human Rights -15 and 16 July
On 15 and 16 July, Parliament will co-host the second Global State of Human Rights Conference, with a particular focus on children’s rights all over the world. The two-day high-level event will take place at the Monastery of San Nicolò in Venice-Lido (Italy) and gather, among several participants, key MEPs and European Commissioner, Nobel Peace […]
Read MoreClimate change: new rules for companies to stop EU-driven deforestation globally
EU consumption represents around 10% of global deforestation MEPs want the rules to also cover pigmeat, sheep and goats, poultry, maize, rubber, charcoal and printed paper products Human rights and the rights of indigenous people also to be respected An area larger than the EU was lost to deforestation between 1990 and 2020 To fight […]
Read MoreMEPs want better protection for consumers applying for loans online
The new EU rules aim at protecting consumers online from credit card debt, overdrafts and loans that are unsuitable for their financial situation. In a text adopted by the Internal Market and Consumer Protection Committee, with 42 votes in favour, 1 against and 1 abstentions, MEPs say that legislation should cover credit agreements of up […]
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