To ensure that the EU banking sector benefits from a level playing field with international competitors, the European Commission has introduced targeted, time-limited amendments to its implementation of the new market risk capital framework for banks. The measures will apply for three years from 1 January 2027. The Fundamental Review of the Trading Book (FRTB), part […]
Commission launches major package to fully integrate EU financial markets
Last December 4, the European Commission adopted a comprehensive package of measures designed to remove barriers and unlock the full potential of the EU single market for financial services. This package is a central component of the Savings and Investments Union (SIU) strategy, aiming to create a more integrated, efficient, and competitive financial system providing EU […]
Commission advances the Savings and Investments Union with measures to mobilise insurers’ and banks’ capital for Europe’s future
The Commission has adopted two measures to support the essential role institutional investors, such as banks and insurers, play in the financing the EU economy. These measures deliver on the roadmap set out in the Savings and Investments Union (SIU) strategy and contribute to the EU’s broader objectives of supporting private investment, improving capital market integration, and strengthening Europe’s long-term competitiveness, for the benefit of […]
EU backs measures to boost security and defence investments
As part of the ReArm Europe Plan, the measures aim to strengthen Europe’s defence technological and industrial base by channelling EU funding to defence and security. The legislation adopted in the Industry, Research and Energy committee will increase funding for defence-related investment by amending existing EU programmes – the Strategic Technologies for Europe Platform (STEP), Horizon Europe, […]
Spain receives €23.1 billion under NextGenerationEU
The European Commission has disbursed a total of €42.8 billion to five Member States (Italy, Portugal, Cyprus, Malta and Spain) under the Recovery and Resilience Facility (RRF), the centrepiece of NextGenerationEU. The disbursements are part of the Commission’s efforts to support economic growth and resilience in EU Member States, and are based on successful steps […]
Commission proposes €23 billion payment to Spain under NextGenerationEU
Last July 7, the Commission positively assessed Spain’s fifth payment request for 23 billion under the Recovery and Resilience Facility (RRF), the centrepiece of NextGenerationEU. This assessment is a significant step towards the disbursement of EU funds to support Spain’s economic growth and resilience efforts. The Commission found that Spain delivered reforms and investments that will benefit citizens and businesses, focusing […]
Nature Credits Roadmap to reward nature-positive action and boost private finance
Last July 7, the European Commission launched a ‘Roadmap towards Nature Credits’, to incentivise private investments into actions that protect and preserve nature, and reward those who undertake these actions and invest in them. Nature credits represent an investment into nature-positive actions by a company, a financial institution, a public entity or a citizen, which in […]
EU invests €2.8 billion in 94 projects to enhance sustainable mobility across Europe
The European Commission selected 94 transport projects to receive nearly €2.8 billion in EU grants under the Connecting Europe Facility (CEF). By modernising railways, inland waterways and maritime routes across the trans-European transport network (TEN-T), the projects will not only help better connect European regions and cities – north to south, east to west, but also make the EU’s […]
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 […]