Inflation continues to decline but is still expected to remain too high for too long. The Governing Council is determined to ensure that inflation returns to its 2% medium-term target in a timely manner. It therefore today decided to raise the three key ECB interest rates by 25 basis points. The rate increase today reflects […]
Wildfires: EU provides crucial assistance to the Mediterranean region
As several countries grapple with rapidly spreading wildfires, the EU steps in to reinforce firefighting efforts and provide much-needed support to the affected communities with over 490 firefighters and 9 firefighting planes deployed to Greece and Tunisia since 18 July. The two Mediterranean countries have activated the EU Civil Protection Mechanism and the EU has […]
European Union Election Experts Mission to accompany elections in Ecuador
The European Union in Ecuador reaffirms that the exercise of democracy is one of its priority pillars and will remain at Ecuador’s side to promote trust and dialogue in order to provide stability and prosperity to all Ecuadorians. A mission of European Union (EU) Electoral Experts will accompany the election process in Ecuador scheduled for […]
New rules to boost EU chips industry
The Council gave its final approval to the Chips Act. The new regulation aims at doubling the EU’s global market share in semiconductors from 10% to at least 20% by 2030. Chips are essential for a wide range of technological and digital products, such as cars, household appliances and electronics. The EU Chips Act aims […]
Commission published a Communication presenting the building blocks for a common European tourism data space
The Commission published a Communication presenting the building blocks for a common European tourism data space. This data space will allow tourism businesses and public authorities to share a broad range of data to inform the development of innovative tourism services, improve the sustainability of the tourism ecosystem and strengthen its economic competitiveness. Tourism is […]
The EU has presented at the United Nations its first Voluntary Review on the implementation of the 2030 Agenda for Sustainable Development
The European Union has presented at the United Nations in New York its first Voluntary Review on the implementation of the 2030 Agenda for Sustainable Development. The review underlines the EU’s unequivocal commitment to the 2030 Agenda and its Sustainable Development Goals (SDGs). It provides an overview of how EU internal and external actions are contributing […]
EU foreign policy and its global impact
Last June, the President of the European Commission, Ursula von der Leyen, visited Latin America in order to strengthen ties with key partners. During her trip, she had the opportunity to visit Brazil, Argentina, Chile and Mexico. The Latin American tour also served to prepare for the summit between the EU and the Community of […]
EU steps up action to prevent shortages of antibiotics for next winter
The European Commission, the Heads of Medicines Agencies (HMA) and the European Medicines Agency (EMA) are today issuing recommendations for actions to avoid shortages of key antibiotics used to treat respiratory infections for European patients in the next winter season. These recommendations, which have been developed through the Executive Steering Group on Shortages and Safety […]
EU urges Russia to immediately resume work on the Black Sea Grain Initiative
The European Union condemns unequivocally Russia’s decision to terminate the Black Sea Grain Initiative. With its decision, Russia is further exacerbating the global food security crisis it created by its war of aggression against Ukraine and its blockade of Ukrainian sea ports. Russia must cease illegally blocking Ukrainian sea ports and allow freedom of navigation […]