Parliament on Thursday put forward measures to modernise the EU’s electricity grid, make it more resilient, integrate renewables and speed up permitting. The text adopted by the plenary calls for the implementation of the European action plan for electricity grids and stresses the need for ambitious investment and substantial improvements in infrastructure, with the aim […]
Commission refers Spain to CJEU for failure to comply with labor standards
The European Commission has decided to refer Spain to the Court of Justice of the European Union for failing to fully transpose the Directive on transparent and predictable working conditions (Directive 2019/1152) into national law. EU rules require, for example, that workers receive timely and complete information on key aspects of their employment, such as […]
Agreement reached to suspend visa-free travel over security and rights concerns
EP and Council teams have reached an agreement on grounds for suspending visa-free travel for short stays into the EU. A reform of the mechanism to suspend short-stay visa-free travel into the EU, agreed today between Parliament and Council negotiating teams, will allow the EU to respond more flexibly when countries backslide on important principles […]
CETA evaluation shows strong economic and social benefits
A study published last June 16 has found the EU and Canada Comprehensive Economic and Trade Agreement (CETA) boosted trade exports and diversified supply chains across all EU Member States. The study – carried out by independent experts, as part of the Commission’s commitment to evidence-based policy making – provides solid proof that open, rules-based, […]
Commission assesses nuclear investment needs for 2050 goals
Delivering Member States’ plans regarding nuclear energy will require significant investments, of around €241 billion until 2050, both for lifetime extensions of existing reactors and the construction of new large-scale reactors. Additional investments are needed for Small Modular Reactors (SMRs), Advanced Modular Reactors (AMRs) and microreactors and in fusion for the longer-term future, the Commission has assessed […]
Commission advances on the modernisation of EU-Switzerland relations
Last June 13, the European Commission takes a significant step to strengthen and expand the relationship between the EU and Switzerland. It is submitting proposals to the Council to authorise the signature and conclusion of a comprehensive package of agreements, marking an important milestone towards the ratification of a modernised framework for cooperation. Key Components […]
Commission proposes one-year delay of Basel III market risk rules
The European Commission has adopted last June 12 a delegated act that postpones by one additional year – until 1 January 2027 – the date of application of the one remaining part of the Basel III international standards in the EU – the Fundamental Review of the Trading Book (FRTB). The FRTB aims to introduce […]
New companies selected for major investments under the EIC STEP Scale Up program
The Commission has announced the second group of companies that have successfully passed the assessment phase of the Scale Up call of the European Innovation Council’s (EIC) Strategic Technologies for Europe Platform (STEP). Together, they will receive up to a total of €90 million in equity investments, and will now move to the ERC Fund […]
EU addressing military mobility challenges
To improve the movement of military troops, equipment and assets across the European Union and beyond, the European Commission and the EU’s High Representative, have started discussions with stakeholders to develop a Military Mobility Package. This package will address existing infrastructure bottlenecks, procedural obstacles, and capability gaps. It forms part of broader efforts to strengthen […]