The European Commission proposes to reform the configuration of EU electricity markets to accelerate the growth of renewables and the phase-out of natural gas, reduce the dependence of consumer bills on volatile fossil fuel prices and better protect consumers against future prices. growth and potential market manipulation affect and make EU industry cleaner and more […]
Congress votes on the Senate’s amendments to the Securities Market reform to adapt it to European Law
The proposal amends several European directives and amends the existing Securities Markets and Investment Services Acts. The Plenary of the Chamber of Deputies will vote tomorrow on the 8 amendments proposed by the Senate to the Securities Market and Investment Services Law, which aims to reform the securities market, services and investment activities in Spain […]
European Parliament wants stricter rules and penalties in new law on political advertising
On Thursday, the plenary backed several changes to the political advertising bill to ensure more transparent elections and smooth referendums. Parliament voted by 433 votes to 61, with 110 abstentions, on the negotiating mandate proposed by the Internal Market and Consumer Protection Committee. The plenary’s approval allowed rapporteur Sandro Gozi (Renew, France) to begin talks […]
Foreign subsidies regulation enters into force to ensure fairer EU markets
The Foreign Subsidies Regulation (‘FSR’) enters into force. This new set of rules for addressing distortions caused by foreign subsidies will allow the EU to remain open to trade and investment, while ensuring a level playing field for all companies operating in the Single Market. The Regulation was proposed by the Commission in May 2021 and agreed by […]
European Single Market is turning 30
This year, the EU celebrates the 30th anniversary of its Single Market – one of the major achievements of European integration, and one of its key drivers. Established on 1 January 1993, the European Single Market allows goods, services, people and capital to move around the EU freely, making life easier for people and opening up new opportunities […]
Creating a large-scale European drone market
The European Drone Strategy 2.0, adopted by the Commission, sets out a vision for the further development of the European drone market. It builds on the EU’s safety framework for operating and setting the technical requirements of drones, which is the world’s most advanced. The new Strategy lays out how Europe can pursue large-scale commercial drone operations while […]
EU exports under Free Trade Agreements surpass €1 trillion
EU trade deals mean increased exports, more stable economic relations and secure access to resources, a new report out today shows. EU exports to preferential partners for the first time surpassed €1 trillion in 2021, according to the Commission’s 2nd Annual Report on the Implementation and Enforcement of EU Trade Agreements. The Report also shows […]
EU’s trade defence measures protect over 460,000 European jobs
The European Commission published its Annual Report on the EU’s trade defence activities of 2021. The Report concludes that 462,000 EU jobs were directly protected by the EU’s trade measures in 2021 in key EU manufacturing sectors such as aluminium, steel, ceramics and green technology. This shows that EU measures are effective in defending EU […]
Open Innovation Test Beds to accelerate European innovation
Europe’s tech industries face high capital costs and complex regulation. Knowledge sharing hubs can lower these barriers and bring products to market faster. The development of innovative advanced materials is essential to meet Europe’s long-term economic, technological and environmental goals. Composite materials are used in a broad range of applications, from medical devices to automobile […]