The European Commission has approved, under EU State aid rules, a Spanish scheme to partially compensate energy-intensive companies for higher electricity prices resulting from indirect emission costs under the EU Emission Trading System (‘ETS’). Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This €2.9 billion scheme enables Spain to reduce the risk of energy-intensive […]
Synchronization of the continental European power grid with Ukraine and Moldova
Last March 16, the electricity grids of Ukraine and Moldova have been successfully synchronised with the Continental European Grid. This will help Ukraine to keep their electricity system stable, homes warm and lights on during these dark times. It is also a historic milestone for the EU-Ukraine relationship – in this area, Ukraine is now […]
Spanish government calls on Russia to put an immediate end to military invasion of Ukraine
The Government of Spain calls on Russia to put an immediate end to the military invasion of Ukraine The President of the Government, Pedro Sánchez, participated during the night of February 24 in Brussels in the extraordinary European Council to address the military invasion of Ukraine by the Russian Federation during which they held a […]
Europe and Spain bet on space development
After a series of meetings in Toulouse (France), European leaders confirmed their ambitious plans to boost Europe’s position as one of the world leaders in space. Under these plans, the European Space Agency (ESA), the EU and its member states are coming together to ensure that Europe fully exploits its enormous untapped space potential to […]
Young Transatlantic Innovation Leaders Initiative (YTILI) 2022
Deadline open until March 15! Are you an entrepreneur between 25 and 35 years old? YTILI is the U.S. State Department’s program for young European entrepreneurs. In this edition, it will bring together 60 entrepreneurs from all over Europe for virtual and face-to-face activities from summer 2022 to spring 2023. Those selected will take an […]
Spain’s top maritime freight transport and commerce in Algeciras, Valencia, and Barcelona
Weight of goods handled by EU ports dropped by 7% in 2020. In 2020, EU ports handled around 3.3 billion tonnes of goods in gross weight, a substantial decrease compared with 2019 (-7%). This fall can be attributed to the COVID-19 pandemic and the subsequent restrictions put in place across the Member States and worldwide. After reaching a new […]
The EU wins against the US on Spanish black olives
A World Trade Organization (WTO) panel report ruled that US countervailing duties applied on imports of ripe olives from Spain, put in place during the previous administration in 2018, are illegal under WTO rules. The EU now expects that the US will take steps to bring itself in compliance with the panel’s recommendations. Executive Vice-President […]
October infringements package: decision for Spain
In its regular package of infringement decisions, the European Commission pursues legal action against Member States for failing to comply with their obligations under EU law. These decisions, covering various sectors and EU policy areas, aim to ensure the proper application of EU law for the benefit of citizens and businesses. The decision adopted by […]
Autumn 2021 Economic Forecast for Spain and the EU
The EU economy is rebounding from the pandemic recession faster than expected. As vaccination campaigns progressed and restrictions started to be lifted, growth resumed in spring and continued unabated through summer, underpinned by the re-opening of the economy. Despite mounting headwinds, the EU economy is projected to keep expanding over the forecast horizon, achieving a […]