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 […]