The Environment, Public Health and Food Safety Committee called for sufficient means to match the needs of the EU’s Civil Protection Mechanism programme post-2020. The EU Civil Protection Mechanism (CPM) has supported member states to save lives in the midst of earthquakes, hurricanes and floods, fighting forest fires and evacuating EU nationals in crisis – […]
EU financial regulators highlight risks of a no-deal Brexit and search for yield
The European Union’s (EU) banking, insurance, pensions and securities sectors continue to face a range of risks, according to the latest report on “Risks and Vulnerabilities in the EU Financial System” published today by the Joint Committee of the European Supervisory Authorities (ESAs). The 2019 Autumn ESAs’ report highlights the following risks as potential sources of […]
EU financial regulators highlight risks of a no-deal Brexit and search for yield
The European Union’s (EU) banking, insurance, pensions and securities sectors continue to face a range of risks, the latest report on “Risks and Vulnerabilities in the EU Financial System” published recently by the Joint Committee of the European Supervisory Authorities (ESAs) shows. The European Union’s (EU) banking, insurance, pensions and securities sectors continue to face a range of […]
State aid: Commission open investigations into individual “excess profit” tax rulings granted by Belgium to 39 multinational companies
The European Commission has opened in-depth investigations to assess whether tax rulings on “excessive profits” handed down by Belgium to 39 multinational companies gave these companies an unfair advantage over their competitors, in breach of EU state aid rules. The decisions to open this investigation follow the annulment by the General Court in February 2019 […]
E-commerce still vulnerable to VAT and customs duty evasion
According to a new report by the European Court of Auditors, many difficulties remain to be resolved in the collection of the correct amounts of VAT and customs duties in e-commerce. In particular, EU controls are insufficient to prevent fraud and detect abuse, and the implementation of recovery measures is not yet effective. However, recent […]
H2020: Innovation in small and medium-sized enterprises: Closing the finance gap for IPR-driven start-ups and SMEs
This call (INNOSUP-10-2020), which aims to encourage innovative SMEs and start-ups to better exploit and promote their innovative assets, as well as to develop a strategic vision based on their first results that is easily evaluable by funders, belongs to the Innovation in small and medium-sized enterprises sub-programme of the H2020 Programme. Innovative European companies, […]
The ECB issues recommendations on the transition from EONIA to €STR for cash and derivatives products
The private sector working group on euro risk-free rates has published a report containing a set of recommendations addressing the impact of the transition from the euro overnight index average (EONIA) to the euro short-term rate (€STR). The recommendations take an operational and valuation perspective, taking into account EONIA’s wide use as a reference rate […]
Spain ranks first in attracted funding of Horizon 2020 Challenge 6 Programme
For the first time, Spain has become the first country to receive attractive funding under the Horizon 2020 “Europe in a Changing World: Inclusive, Innovative and Reflective Societies” Challenge 6 programme. The Spanish participants attract a financing of 16.7 million Euros, which means a participation of 12.1% of the EU-28 budget in the 2019 call. […]
Nearly €2 billion requested in Horizon 2020 security research funding
REA has received 342 project proposals by 22 August, the deadline for security research calls. 233.36 million is available in three calls for projects working on a wide range of security challenges, such as the security of intelligent and safe cities and public spaces, new concepts for pandemic crisis management, new methods to prevent, […]