The Commission has adopted two measures to support the essential role institutional investors, such as banks and insurers, play in the financing the EU economy. These measures deliver on the roadmap set out in the Savings and Investments Union (SIU) strategy and contribute to the EU’s broader objectives of supporting private investment, improving capital market integration, and strengthening Europe’s long-term competitiveness, for the benefit of […]
Commission partners with private investors to set up multi-billion Scaleup Europe Fund
On October 28th, the Commission brought together top-tier private investors from across Europe to jointly express their intention to establish the Scaleup Europe Fund – a new, multi-billion fund to invest in the most promising European companies in strategic deep tech areas. By joining forces with these potential founding investors, the Commission moves ahead on the EU Startup […]
Eurobarometer: Europeans back social economy and call for more support
A new special Eurobarometer published on 28 October shows that 75% of Europeans recognise the importance of the social economy for the well-being of society. Social economy organisations put people, communities and the environment first and play a crucial role in addressing social challenges. A significant majority support increased support for the social economy, in […]
EU promotes Ukraine’s participation in EU safe space services
The European Commission has today proposed to Member States to authorise the opening of negotiations with Ukraine regarding its participation in the government satellite communications component (Govsatcom) of the EU Space Programme and the EU’s Secure Connectivity Programme. Govsatcom is designed to provide secure and resilient satellite communication capabilities by pooling and sharing existing satellite […]
EU Leaders move forward on Ukraine, defence and competitiveness during European Council summit
President Ursula von der Leyen participated last October 23 in a summit of the European Council that focused on the EU’s support for Ukraine, Europe’s defence readiness for 2030, and on how to boost the continent’s economy while upholding the EU’s climate goals. The President presented the initiatives that the Commission has been working on over […]
European Union and Uzbekistan strengthen relations with Enhanced Partnership and Cooperation Agreement
The European Union and the Republic of Uzbekistan signed last October 24 an Enhanced Partnership and Cooperation Agreement (EPCA), marking a significant milestone in strengthening bilateral relations. It marks an important deepening of regional ties, elevating them to a new level of strategic cooperation following the EU-Central Asia Summit held on 4 April in Samarkand, […]
Commission preliminarily finds TikTok and Meta in breach of their transparency obligations under the Digital Services Act
On October 24th, the European Commission preliminarily found both TikTok and Meta in breach of their obligation to grant researchers adequate access to public data under the Digital Services Act (DSA). The Commission also preliminarily found Meta, for both Instagram and Facebook, in breach of its obligations to provide users simple mechanisms to notify illegal content, as well as […]
Commission proposes measures to support generational renewal in agriculture
The European Commission has presented last September 21 a ‘Strategy for Generational Renewal in Agriculture’, setting out a clear roadmap to support young farmers and attract more people to farming. The strategy aims to double the share of young farmers in the EU by 2040, with a goal of young and new farmers constituting about […]
Egypt becomes second African country to join Horizon Europe
On Tuesday 22nd, Egypt has officially joined Horizon Europe, becoming the second African country associated to the EU’s multibillion-euro research and innovation (R&I) programme. This grants Egyptian researchers, universities, innovators and entities access to all parts of the programme on similar terms to those of EU Member States. It enables them to lead projects, contribute […]