After a strong first half of the year, the EU economy has now entered a much more challenging phase. The shocks unleashed by Russia’s war of aggression against Ukraine are denting global demand and reinforcing global inflationary pressures. The EU is among the most exposed advanced economies, due to its geographical proximity to the war […]
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Cyber Defence: EU boosts action against cyber threats
The Commission and the High Representative put forward a Joint Communication on an EU Cyber Defence policy and an Action Plan on Military Mobility 2.0 to address the deteriorating security environment following Russia’s aggression against Ukraine and to boost the EU’s capacity to protect its citizens and infrastructure. With its new cyber defence policy, the […]
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EDA project helps improve communication with underwater robots
Underwater robots, such as autonomous underwater vehicles (AUV), have the potential to take over lengthy and labour-intensive missions in dangerous areas from navy ship crews and special forces. As a result, the role of mobile unmanned platforms in military scenarios is becoming more and more important. But their integration into the network of surface ships, […]
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€18 billion support package to Ukraine for 2023
Following the European Council meeting of 20-21 October 2022, the Commission has today proposed an unprecedented support package for Ukraine of up to €18 billion for 2023. This will come in the form of highly concessional loans, disbursed in regular instalments as of 2023. This stable, regular and predictable financial assistance – averaging €1.5 billion […]
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‘Fit for 55’: EU strengthens emission reduction targets for member states
The Council and the European Parliament today reached a provisional political agreement on stronger emission reduction targets for member states under the so-called effort sharing regulation. Pending a formal adoption, the provisional deal endorses an EU-level greenhouse gas emission reduction target of 40% compared to 2005, by 2030, for the sectors not covered by the EU Emissions […]
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Food security: the Commission addresses the availability and affordability of fertilisers in the EU and globally
Fertilisers play a significant role for food security. Their production and their cost largely depend on natural gas. Following Russia’s invasion of Ukraine, a global mineral fertiliser and energy crisis is now weighing on global food security and food prices. In this context, the European Commission presented a Communication on ensuring availability and affordability of […]
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Parliament wants to clamp down on foreign public subsidies
Parliament is set to approve rules to counteract market-distorting foreign subsidies to companies operating in the EU. Government financing of enterprises has been on the rise worldwide, in particular because of China’s growing role in the global economy. Foreign subsidies can have a distortive effect on competitive markets. Parliament wants the European Commission to have […]
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European Council agrees 9.5 million euro aid for Spain following the volcano on La Palma
The Council decided to amend its yearly budget to provide €668 million in disaster relief aid to Germany, Belgium, Spain, the Netherlands, Luxembourg, Greece and Austria. The money will be used to repair damage inflicted by the major natural disasters that hit these seven member states in 2021. In practice this means that the […]
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Eurojust enables hearing in judicial investigation of Qatar-based owner of Málaga football club
Eurojust has enabled the formal hearing of the Qatar-based owner of the professional football club Málaga CF and three of his sons, as part of a Spanish judicial investigation. The Agency proved to be the essential link to set up contacts between the authorities in Spain and Qatar, exchange rogatory letters and organise a video […]
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