The European Commission has approved a €837 million Spanish scheme to support the production of batteries for the industrial chain of electric and connected vehicles to foster the transition to a net-zero economy, in line with the Green Deal Industrial Plan. The scheme was approved under the State aid Temporary Crisis and Transition Framework, adopted by the […]
Commission launches pilot system to monitor semiconductor supply chain
The European Commission has launched the Semiconductor Alert System, a new pilot system to monitor the semiconductor supply chain. The pilot allows stakeholders to raise awareness on any critical disruption along the semiconductors’ value chain and helps the Commission to gather information needed to establish a precise assessment of risks and to quickly react to any potential crisis situation via the European […]
European Commission raises EUR 9 billion in new issue for recovery fund and Ukraine
The sixth syndicated transaction for 2023 by the European Commission, which issues EU-Bonds on behalf of the EU, raised €9 billion today in a dual-tranche deal. Two tranches were included in it: a new 3-year line with a due date of October 5, 2026, for which €5 billion were issued, and a tap of a […]
Director Position in the European Commission
The overall mandate of the Directorate General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW) is to create a deeper and fairer internal market, and provide a favourable framework for creating growth and jobs in Europe by helping European enterprises and industries (in particular SMEs) to be globally competitive, innovative and sustainable, for the […]
European Commission Recommendation to combat online piracy of sporting events
The Commission has adopted a Recommendation on how to combat commercial scale online piracy of sports and other live events, such as concerts and theatre performances. It encourages Member States, national authorities, holders of rights and providers of intermediary services to take effective, balanced and appropriate measures to fight unauthorised retransmissions of such streamings, in […]
European Commission takes tougher action to fight corruption in the EU and worldwide
The Commission has taken decisive action to fight corruption in the EU and globally, fulfilling the commitment made by President von der Leyen in her 2022 State of the Union address. The anti-corruption proposals presented represent a milestone in the fight against corruption at national and EU level. The Commission will step up its action: building […]
Commission and EIB announce €18M to boost investment in climate actions
The European Commission and the European Investment Bank have announced €18 billion in funding under Global Gateway, Europe’s investment strategy for partner countries. It will stimulate investment in Global Gateway priority areas (climate action, clean energy and connectivity) in European partner countries around the world. In particular, these projects will work to address the global […]
European Commission proposes detergents regulation to better protect health and environment
The Commission proposed a revised Regulation on detergents that simplifies and future-proofs the current rules to better protect health and the environment, as well as ensure the better functioning of the Single Market for detergents. The revised rules cover new innovative products like detergents containing micro-organisms and sustainable new practices like the refill sale of […]
European Commission opens investigation to assess whether Renfe has abused its dominant position on the Spanish market
The European Commission has opened a formal investigation to assess whether Renfe may have abused its dominant position in the Spanish passenger rail transport market by refusing to supply all its content and real-time data to rival ticketing platforms. Renfe is the Spanish state-owned rail incumbent operator. Renfe sells its tickets offline and online either (i) […]