The European Union, Australia, Canada, France, Germany, Italy, Japan, Qatar, Saudi Arabia, the United Arab Emirates, the United Kingdom and the United States have signed a joint statement in the following terms: “The situation between Lebanon and Israel since October 8th, 2023 is intolerable and presents an unacceptable risk of a broader regional escalation. This […]
EU invests €65 million in quantum chips
The Joint Undertaking for Chips has today opened calls to support research and innovation initiatives in semiconductors. This is the first call of its kind in quantum technologies to increase investment in cutting-edge technologies, in particular quantum chips for computing and sensing. The EU funding for this call is €65 million and is expected to […]
Rail market opening: competition leads to lower ticket prices, EU study finds
A study released by the European Commission today highlights the user benefits of competition in both passenger rail and rail freight services. It reveals that increased competition in the EU rail market has resulted in significant reductions in ticket prices for rail passengers and in freight transportation costs. Efficiency gains are evident across all segments – passenger open access, public […]
Commission opens WTO consultations on China’s anti-subsidy investigation on EU dairy products
The Commission has today launched a request for consultation of the World Trade Organisation (WTO), challenging China’s initiation of an anti-subsidy investigation against imports of certain EU dairy products. This is the first time that the EU has decided to challenge an investigation at its initial stage. The EU’s action has been prompted by an […]
Vice-President Schinas visits the Canary Islands to express EU support for migration management
Margaritis Schinas, Vice-President responsible for the Promotion of our European way of life, will visit the Canary Islands in view of the migratory challenges facing the archipelago. He will meet the President of the Canary Islands, Fernando Clavijo Battle. The Vice-President will travel tomorrow to Tenerife, where he will visit, together with President Clavijo Batlle, […]
Employment rate up, labour market down in Q2 2024
In the second quarter of 2024, the employment rate of people aged 20-64 in the EU stood at 75.8%, an increase of 0.2 percentage points (pp) compared with the first quarter of 2024. Labour market slack – encompassing those with unmet employment needs, a large part of which includes unemployed persons – amounted to 11.0% of the extended labour force aged 20-64 in […]
More than 3.7 million first residence permits in 2023
More than 3.7 million first residence permits were issued in the EU to non-EU citizens in 2023, a 4.7% increase compared with 2022, and the highest number recorded to date. Employment remained the main reason for issuing residence permits in 2023, accounting for 33.8% (1.3 million) of all first residence permits issued, indicating a modest decrease compared with 2022 […]
European Commission issues €10 billion in its 8th syndicated transaction of 2024
The European Commission has today raised €10 billion of EU-Bonds in its 8th syndicated transaction for 2024, €5 billion of which in the form of NextGenerationEU (NGEU) Green Bonds. The dual-tranche transaction concerned a new €5 billion bond due on 4 December 2031, and a €5 billion tap of the NGEU Green Bond maturing on 4 […]
EU and Canada launch Health Policy Dialogue to advance Health Priorities
Today, Commissioner for Health and Food Safety, Stella Kyriakides, and Canada’s Minister of Health, the Honourable Mark Holland, held a virtual meeting to launch the EU-Canada Health Policy Dialogue under the EU-Canada Strategic Partnership Agreement. The Health Policy Dialogue, focused on cooperation across three priority areas: antimicrobial resistance, health security (including climate-related health risks), and non-communicable diseases (including […]