The International Trade Committee gave their green light on Monday for a one-year suspension of all EU import duties on Ukrainian exports to support the country’s economy. MEPs in the International Trade Committee approved a proposal of the temporary trade liberalisation of Ukrainian products, in the wake of Russia’s war of aggression that is hampering Ukraine’s ability […]
Read MoreCouncil approves Data Governance Act
After the European Parliament, the Council 16th may approved a new law to promote the availability of data and build a trustworthy environment to facilitate their use for research and the creation of innovative new services and products. The Data Governance Act (DGA) will set up robust mechanisms to facilitate the reuse of certain categories of protected public-sector […]
Read MoreSpring economic forecasts: Spain is expected to be the fourth fastest-growing economy in the EU
The outlook for the EU economy before the outbreak of the war was for a prolonged and robust expansion. But Russia’s invasion of Ukraine has posed new challenges, just as the Union had recovered from the economic impacts of the pandemic. By exerting further upward pressures on commodity prices, causing renewed supply disruptions and increasing […]
Read MoreMain results of the Foreign Affairs Council – 16 May 2022
Western Balkans During a working lunch EU Foreign Affairs Ministers were joined by their counterparts from the six Western Balkans partners, and discussed the future of the region on its path to the European Union. The Council welcomed the choice of those partners who aligned fully with the EU’s foreign policy and sanctions, and expressed its […]
Read MoreEU-US Relations : Strengthening Trade and Technology
The EU and the US reaffirmed yesterday their close cooperation to address global trade and technology challenges in line with their shared commitment to democracy, freedom and human rights. Meeting at the second Ministerial Meeting of the Trade and Technology Council (TTC) in Paris, both parties reiterated the central role of the TTC for the […]
Read More17 May: International Day against Homophobia, Transphobia and Biphobia in the EU
On the International Day against Homophobia, Transphobia and Biphobia (IDAHOT), the European Union reaffirms its strong commitment to respect, protect and fulfil the full and equal enjoyment of human rights and fundamental freedoms of lesbian, gay, bisexual, transgender and intersex (LGBTI) persons. Across the world, over 2 billion people live in countries where homosexuality is […]
Read MoreSpace: EU carries out Space Threat Response Architecture Exercise 2022 (STRA-22)
From 10 to 13 May, the EU carried out the Space Threat Response Architecture (STRA-22) exercise in the European External Action Service Headquarters in Brussels. This exercise tested the EU´s response capacity to a situation in which an EU space asset is subject of an attack targeting essential or critical services. These situations can take […]
Read MoreEU earmarks €10 million for biodiversity development in Argentina
In the context of “Team Europe”, a joint working framework between the Delegation of the European Union (EU) in Argentina and the Embassies of the 21 Member States represented in the country, the EU announced that it will allocate 10 million euros to strengthen the local green agenda, through coordinated actions that will mainly focus […]
Read MoreParliament set to back global minimum corporate tax rate
MEPs are expected to back new rules for a global minimum corporate tax rate from 2023 during the plenary session on 18-19 May. On 18 May, Parliament will consider a report by the economic and monetary affairs committee on ensuring a minimum corporate tax rate for large multinational corporations. The directive will apply to companies with […]
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