The Council decided to impose restrictive measures on an additional 54 individuals and 10 entities in response to the ongoing unjustified and unprovoked Russian military aggression against Ukraine. This decision comes in addition to the “maintenance and alignment” package of sanctions adopted by the Council on 21 July 2022. The listed individuals include senior members of the […]
Foreign information manipulation and interference: Council approves conclusions stepping up EU’s engagement and ability to respond
The Council today approved conclusions on foreign information manipulation and interference (FIMI). Russia’s invasion of Ukraine and its war propaganda have underlined the urgency of tackling foreign information manipulation and interference targeting not only Russian, but global audiences. The conclusions underline how foreign information manipulation and interference is often used as part of broader hybrid campaigns and […]
Council adopts conclusions on the 2022 macroeconomic imbalance procedure – Ecofin July 12, 2022
Following the Economic and Financial Affairs Council meeting on July 12, the Council adopted conclusions on the 2022 in-depth reviews under the macroeconomic imbalances procedure. The Economic and Financial Affairs Council: Recalls that the EU economy is recovering from the COVID-19 crisis, while uncertainties remain high and rising, in particular due to the surging energy […]
Council adopts additional €1 billion assistance to Ukraine
The Council today decided to provide € 1 billion of additional macro-financial assistance (MFA) to Ukraine, as a matter of urgency. Together with the emergency MFA of € 1.2 billion disbursed earlier this year, the total macro-financial support from the EU to Ukraine since the start of the war now reaches € 2.2 billion and it is […]
Council adopts Conclusions on EU Budget Sustainability – 12 July 2022
Following the Economic and Financial Affairs Council meeting on July 12, the Council adopted Conclusions on the Commission’s 2021 fiscal sustainability report. The Council (Ecofin): Welcomes the Commission’s “Fiscal Sustainability Report 2021”, which updates the assessment of fiscal sustainability risks across the European Union, based on an enriched multidimensional approach and drawing from the 2021 […]
Agreement on foreign subsidies: ensuring equal competition in the EU
Parliament and Council negotiators agreed on Thursday 30 June on new tools ensuring that foreign subsidies granted by non-EU countries to companies do not distort the internal market. The new draft regulation will enable the Commission to investigate subsidies granted by non-EU public authorities to companies operating in the EU. If it finds that the […]
EU agrees on new rules to strengthen the security and resilience of critical entities
The Council presidency and the European Parliament reached a political agreement on the directive on the resilience of critical entities. Work will now continue at technical level to finalise the provisional agreement on the full legal text. This agreement is subject to approval by the Council and the European Parliament before going through the formal […]
Council adopts proposals aimed at securing the supply of medicines
Background With these proposals, the European Union intends to facilitate the implementation of the Protocol on Ireland/Northern Ireland on the ground, in line with the measures for Northern Ireland presented by the Commission on 13 October 2021. European Health Union: a stronger role for the European Medicines Agency About the proposals EU ambassadors today agreed on […]
Russia’s military aggression against Ukraine: Council imposes sanctions on 26 persons and one entity
The Council today added 26 persons and one entity to the list of persons, entities and bodies subject to restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine. The new listings include oligarchs and businessmen active in the oil, banking and finance sectors, as well as government members, and high level military personalities, and propagandists who contributed to spread […]