The Czech Presidency of the Council of the European Union and the European Parliament reached a provisional political agreement as regards the regime for access of fishing vessels to member states’ territorial waters. The provisional agreement extends the rules of the access to Union waters – which were about to expire at the end of […]
Council agrees on emergency measures to reduce energy prices
EU energy ministers have reached on 30 september, a political agreement on a proposal for a Council Regulation to address high energy prices. The regulation introduces common measures to reduce electricity demand and to collect and redistribute the energy sector’s surplus revenues to final customers. Electricity demand reduction The Council agreed to a voluntary overall […]
Russia’s aggression against Ukraine: the EU targets additional 54 individuals and 10 entities
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 […]