The Commission has proposed reducing the settlement period for EU transactions involving tradable securities from two days to one day. The proposed legislative amendment would reduce the settlement cycle for certain securities – such as shares or bonds executed on EU trading venues – from two business days (the so-called “T+2”) to one business day […]
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The Commission decides to take SPAIN and other countries to the Court of Justice of the EU.
The European Commission decided to refer Bulgaria, Spain, Hungary, Netherlands, Austria, Portugal and Finland to the Court of Justice of the European Union for failing to transpose the Directive on Non-Performing Loans (Directive(EU) 2021/2167). The Directive aims to foster the development of a well-functioning secondary market for non-performing loans by establishing rules for the authorisation and supervision of credit purchasers and servicers. […]
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Designing together the future of the EU: the Commission presents the path to the next long-term EU budget
The European Commission published a Communication titled “The Path to the Next Multiannual Financial Framework,” outlining the main political and budgetary challenges that will shape the design of the next Multiannual Financial Framework (MFF). It sets the foundation for reflecting on how to adapt the EU’s long-term budget to evolving needs and priorities. In parallel […]
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Ruslan Stefanchuk: “Peace in Ukraine can only be achieved if we stay strong”
On Tuesday, the Chair of the Ukrainian Verkhovna Rada, Ruslan Stefanchuk, addressed a formal sitting of the European Parliament in Strasbourg. Welcoming Mr Stefanchuk to the hemicycle, European Parliament President Roberta Metsola said: “I am proud that this Parliament has stood with Ukraine from the very first moment – united, unwavering, and resolute. We will […]
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Commission authorizes the acquisition of BISA by Repsol and Bunge
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of BISA (from Spain) by Repsol (from Spain) and Bunge (from Switzerland). The transaction mainly relates to the processing of oilseeds and the production of biodiesel. The Commission concluded that the notified transaction would not raise competition concerns, given its […]
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Commission welcomes the new European Media Services Committee
The European Media Services Committee — created by the European Regulation on the Freedom of the Media — is an independent advisory body at Union level composed of representatives of the national media regulators, who will replace and continue the work of the Group of European Regulators for Audiovisual Communication Services. As such, the Committee […]
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EU launches InvestAI initiative to mobilise €200 billion of investment in artificial intelligence
At the Artificial Intelligence (AI) Action Summit in Paris, Commission President Ursula von der Leyen has launched InvestAI, an initiative to mobilise €200 billion for investment in AI, including a new European fund of €20 billion for AI gigafactories. This large AI infrastructure is needed to allow open, collaborative development of the most complex AI […]
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Law enforcement targets online cult communities dedicated to extremely violent child abuse
US Homeland Security Investigations, supported by Europol and the French Police, arrested members of an online community dedicated to grooming, sexual abuse, acts of cruelty, torture and murders. Law enforcement authorities target members of prolific online communities dedicated to the sexual abuse of children and manipulation of vulnerable minors into committing violent crimes. This coercion […]
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4.3 million under temporary protection in December 2024
On 31 December 2024, nearly 4.3 million non-EU citizens who fled Ukraine as a consequence of the Russian war of aggression against Ukraine had temporary protection status in the EU. The EU countries hosting the highest number of beneficiaries of temporary protection from Ukraine were Germany (1 161 450 people; 27.3% of the EU total), Poland (991 630; 23.3%) and […]
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