The Council has adopted the Euro 7 regulation, which lays down rules on emission limits for road vehicles and battery durability. This is the last step in the decision-making procedure. The text adopted covers cars, vans and heavy-duty vehicles in one single legal act and aims to further lower air pollutant emissions from exhaust fumes […]
Budget 2025: Council agrees on guidelines for next year’s EU budget
The Council reached an agreement on its guidelines for the 2025 EU budget. The approved guidelines will provide political guidance to the Commission in preparing the budget for next year. In its conclusions, the Council underlines that the EU budget for 2025 has a key role in the development and delivery of the long-term objectives […]
United and prepared against energy supply disruptions
Ministers held an exchange of views on the state of play of security of supply and preparations for winter 2024-2025. Among other things, they addressed ways to avoid, both individually and collectively, new price shocks and to strengthen energy security, while achieving the established targets on decarbonisation and on phasing out Russian fossil fuels. Different […]
Council adopts regulation on instant payments in euro
The Council adopted a regulation that will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries. The new rules will improve the strategic autonomy of the European economic and financial sector as they will help reduce any excessive reliance on third-country financial institutions and infrastructures. Improving the possibilities […]
Immobilised Russian assets: Council decides to set aside extraordinary revenues
The Council adopted a decision and a regulation clarifying the obligations of Central Securities Depositories (CSD) holding assets and reserves of the Central Bank of Russia (CBR) that are immobilised as consequence of EU’s restrictive measures. After Russia launched its illegal and unjustified full-scale invasion of Ukraine in February 2022, the EU, in coordination with […]