The Presidents of the European Parliament, European Council and European Commission will make statements on the future of Europe this Friday, 31 January at 11.00 in the Parlamentarium. Following their meeting this Thursday at the Jean Monnet House in Bazoches, France, Presidents Sassoli, Michel and von der Leyen will present their reflections on Europe’s political […]
European Council
Access to the official webpage and social networks Role: Defines the general political direction and priorities of the European Union Members: Heads of state or government of EU countries, European Council President, European Commission President President: Charles Michel Established in: 1974 (informal forum), 1992 (formal status), 2009 (official EU institution) Location: Brussels (Belgium) The European Council […]
The EU is taking steps to deliver on its comprehensive strategy to deal with banks’ bad loans.
EU ambassadors today approved the Council’s position on a proposal for a common framework and minimum requirements for out-of-court mechanism to recover the value from loans guaranteed with collateral in case the borrower is not able to pay it back. Effective out-of-court enforcement can help prevent the accumulation of non-performing loans (NPLs), as it provides […]
2020 EU budget: Council and Parliament reach agreement
The Council and the European Parliament today reached agreement on an EU budget for 2020 which strongly focuses on growth and competitiveness, climate action and other EU priorities such as security and management of migration. Total commitments are set at €168.7 billion. This is an increase of 1.5% compared to the 2019 budget as amended. €1.5 […]
Capital Markets Union: Council adopts legislative reforms
The Council has adopted a set of legislative reforms which are part of progress towards the capital markets union. The texts concern: the creation of a new category of benchmarks contributing to sustainable finance; transparency obligations for sustainable investments; a new prudential framework for investment firms; a harmonised framework for covered bonds; rules promoting access […]