The Council gave the final go-ahead to a regulation that aims to minimise the risk of deforestation and forest degradation associated with products that are placed on or exported from the EU market. The EU is a large consumer and trader of commodities and products that play a substantial part in deforestation. The new rules […]
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Eurogroup discusses banking union and capital markets union and progress on the digital euro project
Eurogroup, 15 May 2023 Agenda highlights In usual composition: Macroeconomic developments in the euro area The Commission presented its spring economic forecasts. On this basis, the Eurogroup exchanged views on the economic outlook and the challenges for future policy coordination. Spring 2023 Economic Forecast Business: structural challenges ahead in a context of heightened geopolitical tensions […]
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EU trade in high-tech products up in 2022
In 2022, the EU imported €482 billion worth of high-tech products from extra-EU countries (+22% compared with 2021). Exports to these countries reached €446 billion (+16% compared with 2021). More than half of imports from China and the United States In 2022, over half of the EU’s high-tech imports from non-EU countries came from China (38%; €183 billion) and the United States (19%; €91 […]
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Spring Economic forecast for Spain
Following strong expansion in 2022, economic activity is expected to slow down in 2023. Labour market resilience and the implementation of the Recovery and Resilience Plan (RRP) are set to sustain growth, which is forecast to accelerate further in 2024. Headline inflation is projected to moderate on the back of to lower energy prices. The […]
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How digitalisation can contribute to more sustainable transport in Europe
Digital technologies provide ways to lessen the negative effects of the European transport industry, including land grabbing, habitat fragmentation, increasing greenhouse gas emissions, noise pollution, accidents, and time wasted in traffic. However, these benefits rely on how digital solutions are implemented and how they impact total transport demand, according to a recent analysis by the […]
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Language app for refugees wins European Charlemagne Youth Prize 2023
Every year national and European juries select a project from each EU country. 26 national winners were invited to the award ceremony in Aachen on 12 May, where the three EU winners were announced. European winners The first prize of €7,500 went to AILEM from Belgium – the first ever language app tailored for refugees and […]
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The King of Spain visits the European Union Satellite Centre
The European Union Satellite Centre was honoured to host His Majesty the King on a special visit to SatCen headquarters on 11 May 2023. It was the King’s first visit as Head of State and Supreme Commander of the Armed Forces to the Centre, coinciding with 30 years since the start of SatCen’s operational activities. […]
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European Parliament adopts three resolutions on respect for human rights in Algeria, Belarus and Myanmar
Media freedom and freedom of expression in Algeria, the case of journalist Ihsane El-Kadi Parliament urges the Algerian authorities to immediately release all those arbitrarily detained and charged for exercising their right to freedom of expression, including prominent journalist Ihsane El-Kadi, who was convicted in April to a five-year sentence and hefty fines on unfounded […]
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Parliament warns of impact of recovery costs on EU budget by 2024
Parliament warned on Wednesday about the impact of recovery costs on the bloc’s 2024 budget, putting the bloc’s main plans at risk. MEPs are “deeply concerned that, if the necessary measures are not taken, the cost of increased funding for European recovery instruments could severely constrain the EU budget in terms of financing EU priorities […]
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