Judgment of the EU General Court in Case T-483/21: Polskie sieci elektroenergetyczne v ACER
Luxembourg, 25 September 2024 Judgment of the EU General Court in Case T-483/21: Polskie sieci
25/09/2024
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Finland: Safety of ships carrying industrial personnel to be improved
On 7 September 2023, the Government issued a proposal to Parliament for adopting an international code of safety for ships carrying industrial personnel. The proposal included its enforcement as well as the implementation of the amended directive on stability requirements. The IMO International Code of Safety for Ships Carrying Industrial Personnel, the so-called IP code adopted in 2022, plays a key role in maritime operations within the industrial offshore sector
07/09/2023
Finland: Changes to temporary protection for third-country nationals who have fled Ukraine
At its meeting on 7 September, the Government decided that Finland would no longer grant temporary protection and new residence permits to those third-country nationals who have fled Ukraine and who were not granted international protection or a permanent residence permit by Ukraine. This decision will not affect the protection already granted or the validity of the residence permits already issued.
07/09/2023
EU Commission issues guidance to help EU operators assess risks of sanctions’ circumvention
Under EU law, EU operators have an obligation to carry out due diligence when trading with third countries to ensure that their business partners are not circumventing EU sanctions. Today’s note is intended as a practical guide outlining the successive steps to be applied by EU operators when conducting strategic risk assessments. This should mitigate as much as possible their exposure to sanctions circumvention schemes. In addition, for the European
07/09/2023
Joint EU-UK statement on UK association to Horizon Europe and Copernicus
Association to Horizon Europe will further strengthen and deepen links between the scientific communities in the UK and the EU, foster innovation and enable researchers to work together on global challenges from climate to health. The UK Government and the European Commission look forward to enabling collaboration between their researchers in which the UK and the EU share a mutual interest, such as in new and emerging technologies. To this
07/09/2023
WS and Others v Frontex: Judgment of the EU Court of Justice in Case T-600/21
In 2016, a number of Syrian refugees arrived on the Greek island of Milos. After having been transferred to the island of Leros, they expressed their desire to lodge an application for international protection. However, following a joint return operation carried out by the European Border and Coast Guard Agency (Frontex) and Greece, they were transferred to Türkiye. From there, they went to Iraq, where they have resided ever since.
07/09/2023
EU Court of Justice: Judgments in Cases T-270/22 and T-272/22 | Pumpyanskiy v Council and Pumpyanskaya v Council
Ms Galina Evgenyevna Pumpyanskaya is also included on the restrictive measures list as the spouse of Mr Pumpyanskiy and Chairwoman of the BF Sinara Foundation’s Board of Trustees. They brought actions against those decisions before the General Court of the European Union. By its judgments delivered today, the Court upholds the decisions adopted against Mr Pumpyanskiy and Ms Pumpyanskaya and maintains their names on the restrictive measures list.
07/09/2023
Mergers: EU Commission clears acquisition of Beanfield by OMERS and DigitalBridge
Beanfield carries out several activities in the fields of electronic communications and connectivity. OMERS is the administrator of the Ontario Municipal Employees Retirement System Primary Pension Plan and invests in a range of public and private investment products and services. DigitalBridge is a digital infrastructure investment firm that invests, directly and through its portfolio companies, in data centres, cell towers, fibre networks, small cells and edge infrastructure.
06/09/2023
Mergers: EU Commission clears acquisition of Foxway by Nordic Capital
The transaction relates primarily to the IT sector. Foxway is a provider of IT services, such as circular IT- and re-commerce solutions to public and private customers, mainly in Europe. Nordic Capital, an affiliate of Nordic Capital of Sweden, is a private equity investor focusing primarily on the Nordic region and selected Northern European countries.
06/09/2023
EU Commission adopts reporting rules on banks’ exposure to shadow banking
The European Commission has today adopted technical standards to be used by credit institutions when reporting their exposures to shadow banking entities, as required by the Capital Requirements Regulation. These standards set out criteria for the identification of shadow banking entities, ensuring the harmonisation and comparability of exposures reported by credit institutions.
06/09/2023
Security: EU Commission proposes negotiations with Switzerland, Iceland and Norway on PNR data agreements
Opening negotiations with Switzerland, Iceland, and Norway on PNR is an important step forward to increase security in the Schengen area, in line with the Commission’s PNR policy, which builds on international standards and addresses global security commitments. A review report published on 24 July 2020 showed that the PNR data has delivered concrete results in the fight against terrorism and serious crimes, such as drug trafficking, human trafficking, child
06/09/2023
Digital social security: EU Commission proposes improvements for Europeans to live, work and travel abroad
Today, the Commission has proposed concrete steps to further digitalise the coordination of social security systems in Europe, in a dedicated Communication. It lays out actions to make access to social security services quicker and simpler across borders by making full use of digital tools, reducing administrative burden for citizens and business.
06/09/2023
Global Gateway: Launch of the Green Hydrogen Strategy and Roadmap for Kenya *
During the Africa Climate Summit in Nairobi today, President of the European Commission Ursula von der Leyen and President of Kenya Ruto launched the Green Hydrogen Strategy and Roadmap for Kenya, with the support of Global Gateway, Europe’s investment strategy for the world. The Roadmap, developed with EU experts, sets out Kenya’s ambitions to develop its green hydrogen industry from this year to 2032 and beyond. It focuses on domestic
05/09/2023
EU Court of Justice: Judgment in Case C-689/21 | Loss of Danish nationality
Denmark may, in principle, provide that its nationals born abroad who have never lived on its territory lose Danish nationality at the age of 22. However, that measure must have due regard to the principle of proportionality when it also entails the loss of European citizenship. This is the case if the person concerned does not hold the nationality of another Member State. EU law precludes the permanent loss of
05/09/2023
EU Court of Justice: Judgment in Case C-137/21 | Parliament v Commission (Visa exemption)
The question whether nationals of a given third country need a visa when crossing the external borders of a Member State is governed in a uniform manner at EU level. The EU legislature, namely the European Parliament and the Council, adopted a regulation1 listing the third countries whose nationals require a visa and a list of those whose nationals are exempt from it.
05/09/2023
IMF launches report on anti-money laundering in the Nordic-Baltic region
In a first-of-its-kind technical assistance project on Anti-Money Laundering, Norway partnered with the IMF and Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, and Sweden to continue enhancing the effectiveness of the AML/CFT frameworks at the country and regional level. The IMF used machine learning technology, on a country specific and regional level, to better understand cross-border money laundering risks, analyzed the sensitivity of AML/CFT supervisory tools to respond to these risks
04/09/2023
NextGenerationEU: Cyprus submits request to revise recovery and resilience plan
Cyprus’ request to modify its plan is based on the need to factor in the high inflation experienced in 2022, supply chain disruptions and the downward revision of its maximum Recovery and Resilience Facility (RRF) grant allocation, from €1.01 billion to €0.92 billion. The revision is part of the June 2022 update to the RRF grants allocation key and reflects Cyprus’ comparatively better economic outcome in 2020 and 2021 than
04/09/2023
Mergers: EU Commission’s package to cut red tape for merging businesses enters into force
In particular, the main changes to the previous rules expand and clarify the categories of cases handled under the simplified procedure and streamline both simplified and normal merger review procedures, by reducing the amount of information required for notifying transactions and by optimising the transmission of documents.
01/09/2023
Energy: Hungary submits request to modify recovery and resilience plan and add a REPowerEU chapter
The REPowerEU chapter includes a wide range of reforms and investments aimed at decreasing the country’s dependency on Russian fossil fuels and at contributing to its green transition. It covers both reforms and new and scaled-up investments. The reforms include incentives to expand energy storage capacity and a commitment to substantially boost the country’s energy system’s ability to integrate renewables, to be mirrored by one of the chapter’s investments in
01/09/2023
NextGenerationEU: Croatia adds a REPowerEU chapter
Yesterday, Croatia submitted a request to the Commission to modify its recovery and resilience plan, to which it also wishes to add a REPowerEU chapter. The REPowerEU chapter covers measures related to energy security, uptake of renewable energy sources, energy efficiency of buildings, transport and fossil-free hydrogen. Seven new reforms and 12 new investments to deliver on the REPowerEU objectives are included, as well as eight existing measures which have
01/09/2023
NextGenerationEU: Poland submits request to modify recovery and resilience plan
The REPowerEU chapter contains new investments aiming at the development of electricity distribution networks in rural areas, supporting institutions implementing the REPowerEU measures, and developing gas infrastructure to enable diversification of supply in the interest of the Union as a whole. In addition, five investments were transferred from the initial plan to the REPowerEU chapter, three of which have been scaled-up.
01/09/2023