The European Commission adopted last February 9 new measures under the Ecodesign for Sustainable Products Regulation (ESPR) to prevent the destruction of unsold apparel, clothing, accessories and footwear. The rules will help cut waste, reduce environmental damage and create a level playing field for companies embracing sustainable business models, allowing them to reap the benefits […]
EU-Singapore Digital Trade Agreement enters into force
On 1 February, the EU-Singapore Digital Trade Agreement entered into force. This is the EU’s first independent bilateral agreement on digital trade, marking an important step in the growing network of EU digital trade agreements and digital trade chapters in its free trade agreements. The Digital Trade Agreement strengthens trade between the EU and Singapore […]
Faster and safer instant euro payments become a reality
From today, sending money across the euro area will be faster and safer than ever. Thanks to new EU rules on instant payments, people and businesses can now transfer money in euro within seconds, anytime – day or night, weekdays or weekends – whether within their own country or across the euro area. Since January 2025, payment service […]
Commission adopts banking package to facilitate lending to households and businesses in the EU
The Commission has today adopted a banking package to help facilitate bank lending to households and businesses throughout the European Union. Aim of this package The aim of this package is to ensure that banks can continue to lend money to support the economy and help mitigate the significant economic impact of the Coronavirus. It […]