Delivering Member States’ plans regarding nuclear energy will require significant investments, of around €241 billion until 2050, both for lifetime extensions of existing reactors and the construction of new large-scale reactors. Additional investments are needed for Small Modular Reactors (SMRs), Advanced Modular Reactors (AMRs) and microreactors and in fusion for the longer-term future, the Commission has assessed […]
Commission advances on the modernisation of EU-Switzerland relations
Last June 13, the European Commission takes a significant step to strengthen and expand the relationship between the EU and Switzerland. It is submitting proposals to the Council to authorise the signature and conclusion of a comprehensive package of agreements, marking an important milestone towards the ratification of a modernised framework for cooperation. Key Components […]
Commission proposes one-year delay of Basel III market risk rules
The European Commission has adopted last June 12 a delegated act that postpones by one additional year – until 1 January 2027 – the date of application of the one remaining part of the Basel III international standards in the EU – the Fundamental Review of the Trading Book (FRTB). The FRTB aims to introduce […]
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 […]
EU addressing military mobility challenges
To improve the movement of military troops, equipment and assets across the European Union and beyond, the European Commission and the EU’s High Representative, have started discussions with stakeholders to develop a Military Mobility Package. This package will address existing infrastructure bottlenecks, procedural obstacles, and capability gaps. It forms part of broader efforts to strengthen […]
Commission requests information for European savings and investment accounts scheme
The European Commission invites citizens and stakeholders to contribute to the development of a European savings and investment account scheme. This initiative, which is part of the Savings and Investment Union Strategy, aims to make it easier for citizens to participate in capital markets, improving the profitability of their savings while increasing the finance available […]
EU local leaders launch coalition of coastal regions at the UN Ocean Conference
Regions and cities come together in Nice to strengthen coastal adaptation and shape inclusive global ocean governance. The UN Ocean Conference 2025 is taking place in Nice (France) from 7-13 June, jointly organised by France and Costa Rica. The delegation of the European Committee of the Regions (CoR) is joining forces with other EU institutions, […]
50 arrested and 4 tonnes of cocaine seized in major anti-drug operation in Spain
Almost 50 suspects have been arrested in a large-scale operation supported by Europol against the largest criminal network operating in the Canary Islands (Spain). The investigation was led by Spanish authorities and also involved law enforcement from Portugal, Colombia, UK and USA. Results of the operation: 48 suspects arrested 3.8 tonnes of cocaine seized 29 […]
New import surveillance tool to help EU prevent harmful trade diversion
The European Commission has set up a new surveillance tool to help protect the EU against sudden and potentially disruptive surges in imports. This system aims to prevent harmful trade diversion, which occurs when a significant amount of goods that cannot enter other markets due to high tariffs and other restrictions are redirected into the […]