On 1 January 2020, the Electricity Regulation EU/2019/943 entered into force. An important part of the new electricity market design, agreed under the Clean energy for all European’s package, the regulation establishes the fundamental principles for an efficient electricity market. It allows better integration of national markets and increased capacity for cross-border trade, generating lower prices. It […]
EuroLat: serious concern about migration and support to multilateral trade
The worsening migration situation in Latin America and Europe worries parliamentarians in both regions, who also warn against increasing trade protectionism. In a joint declaration on the occasion of the twelfth plenary session of the Euro-Latin American Parliamentary Assembly (EuroLat), the two co-presidents of the assembly, Javi López (S&D, Spain) and Jorge Pizarro, insist that inequality […]
Tourism Satellite Accounts 2019
According to the latest Tourism Satellite Accounts, spending on tourism by residents of a country within their own country (‘domestic tourism’ consumption) is nearly twice as high as spending of foreign visitors in that country (‘inbound tourism’ consumption). However, behind this average for the EU as a whole, the share of domestic tourism in the tourism […]
EU measures to stabilise farmers’ income: auditors warn of under-use and over-compensation
EU instruments helping farmers to insure their income against falling prices and production losses have only partially met their objectives, and their uptake remains low and uneven, according to a new report from the European Court of Auditors. In addition, some exceptional measures have not been properly targeted and can lead to disproportionate compensation payments, […]
Slight rise in electricity prices, gas prices stable
In the first half of 2019, average household electricity prices in the European Union (EU) increased slightly compared with the first half of 2018 (€20 per 100 kWh), standing at €21 per 100 kWh. Average gas prices in the EU were stable and stood at €6 per 100 kWh in the first half of 2019. […]
EU budget for 2020: Council endorses deal with Parliament
The Council has approved the deal reached with the European Parliament last week on the 2020 EU budget. If the agreement is also confirmed by the Parliament on Wednesday, the EU budget for 2020 is adopted. Support growth and the competitiveness Next year’s budget will continue to support growth and the competitiveness of the European […]
Olive oil and Wine trade in the EU
EU trade in olive oil EU Member States exported over 1.6 million tonnes of olive oil in 2018, worth €5.7 billion. Almost two thirds of these exports went to other EU Member States (63%, or 1.0 million tonnes). This represents a 15% increase in the value of EU Member States’ total exports compared with 2013. […]
New EU leaders appointed
The European Council has agreed on the future leadership of the EU institutions. EU leaders have elected Charles Michel as the new President of the European Council and proposed Ursula von der Leyen as candidate for the President of the European Commission. They have also nominated Josep Borell Fontelles as candidate for the EU’s High […]
European Border and Coast Guard Agency
Access to the official webpage and the social networks Overview Role: Frontex helps EU countries and Schengen associated countries manage their external borders. It also to helps to harmonise border controls across the EU. The agency facilitates cooperation between border authorities in each EU country, providing technical support and expertise. Director: Fabrice Leggeri Established in: 2004 Number of […]