The EU automotive sector has a century-old tradition of producing vehicles with combustion engines. It enjoys a global reputation for mechanical engineering excellence, quality, design, and creativity. But the sector is at a crossroads: Green transition, digitalisation and global competition, including Chinese manufacturers, have altered the competitive environment.
A failure to publish reorganisation measures in respect of a credit institution does not lead to those measures being invalid or their effects being unenforceable in another Member State.
“Currency has always been a symbol of sovereignty. The euro is a powerful symbol of our shared sovereignty, a powerful symbol of Europe in people’s pockets, and soon to be their ‘digital’ wallets. As Ministers we want the euro to be a symbol of our resilience. And that is why we are fully supportive of the work to develop a digital euro, and be that necessary political anchor for the
Following its assessment of the payment request submitted on 6 June 2024, the EU Commission has preliminarily concluded that Greece has satisfactorily completed the 16 milestones and four targets, set out in the Annex of the Council Implementing Decision for the fourth instalment.
The EU Commission has approved the creation of a joint venture, Future Growth Capital Limited (‘Griffin’), by Schroders plc and Phoenix Group Holdings plc, all of the UK. The transaction relates primarily to the fund management, insurance, and pension funding sectors.
Introductory statement by Claudia Buch, Chair of the Supervisory Board of the ECB, at the Hearing of the Committee on Economic and Monetary Affairs (ECON) of the European Parliament.
ECON MEPs meet for a Public Hearing with Claudia Buch, Chair of the Supervisory Board of the ECB, and an exchange of views with the Chairs of the International Accounting Standards Board (IASB), the IFRS Foundation Trustees and the International Sustainability Standards Board (ISSB).
These are the headlines of our weekly Insight EU Finance Monitoring, published last Saturday. We publish the headlines of our Insight EU Monitoring mails delayed by several days. To receive real-time monitoring emails, subscribe to our annual target group full-text services on the Insight EU Store page.
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Hauck Aufhäuser Lampe Privatbank AG (‘HAL’) of Germany by ABN AMRO Bank N.V. of the Netherlands. The transaction relates primarily to the financial sector.
By the end of 2023, EU Member States had drawn down less than a third of the planned EU COVID-19 recovery funds. Only around half of the money transferred from Brussels to national capitals reportedly reached final recipients. Auditors even flag risks of funding absorption slowing further and projects not being completed as planned.
The EU Commission has approved the reintroduction of a Polish credit union liquidation scheme, including a budget increase by €770 million (PLN 3.3 billion). The purpose of the scheme is to facilitate the orderly liquidation of credit unions operating in Poland. The scheme will run until September 2025.
We and use cookies and other tracking technologies to improve your experience on our website. We may store and/or access information on a device and process personal data, such as your IP address and browsing data, for personalised advertising and content, advertising and content measurement, audience research and services development. Additionally, we may utilize precise geolocation data and identification through device scanning.
Please note that your consent will be valid across all our subdomains. You can change or withdraw your consent at any time by clicking the “Consent Preferences” button at the bottom of your screen. We respect your choices and are committed to providing you with a transparent and secure browsing experience.
| Cookie | Duration | Description |
|---|---|---|
| __stripe_mid | This cookie is set by Stripe payment gateway. This cookie is used to enable payment on the website without storing any patment information on a server. | |
| __stripe_sid | This cookie is set by Stripe payment gateway. This cookie is used to enable payment on the website without storing any patment information on a server. | |
| _abck | This cookie is used to detect and defend when a client attempt to replay a cookie.This cookie manages the interaction with online bots and takes the appropriate actions. | |
| _wpfuuid | This cookie is used by the WPForms WordPress plugin. The cookie is used to allows the paid version of the plugin to connect entries by the same user and is used for some additional features like the Form Abandonment addon. | |
| ASP.NET_SessionId | Issued by Microsoft's ASP.NET Application, this cookie stores session data during a user's website visit. | |
| AWSALBCORS | This cookie is managed by Amazon Web Services and is used for load balancing. | |
| bm_sz | This cookie is set by the provider Akamai Bot Manager. This cookie is used to manage the interaction with the online bots. It also helps in fraud preventions | |
| cookielawinfo-checbox-analytics | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". | |
| cookielawinfo-checbox-functional | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". | |
| cookielawinfo-checbox-others | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. | |
| cookielawinfo-checkbox-necessary | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". | |
| cookielawinfo-checkbox-performance | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". | |
| elementor | This cookie is used by the website's WordPress theme. It allows the website owner to implement or change the website's content in real-time. | |
| JSESSIONID | Used by sites written in JSP. General purpose platform session cookies that are used to maintain users' state across page requests. | |
| viewed_cookie_policy | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
| Cookie | Duration | Description |
|---|---|---|
| _ga | The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. | |
| _ga_4L7PKQPHHV | This cookie is installed by Google Analytics. | |
| _ga_T50H0MNN9J | This cookie is installed by Google Analytics. | |
| _gat_gtag_UA_12289088_5 | Set by Google to distinguish users. | |
| _gcl_au | Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services. | |
| _gid | Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. |
| Cookie | Duration | Description |
|---|---|---|
| test_cookie | The test_cookie is set by doubleclick.net and is used to determine if the user's browser supports cookies. |
| Cookie | Duration | Description |
|---|---|---|
| _mcid | No description available. | |
| _swa_u | This cookie is set by the provider Sitewit.com. This cookie is used for statistical report and analysis. | |
| ak_bmsc | No description available. | |
| AWSALB | AWSALB is a cookie generated by the Application load balancer in the Amazon Web Services. It works slightly different from AWSELB. | |
| ec_store_chameleon_font | No description available. | |
| FCCDCF | No description available. | |
| issuem_lp | No description available. | |
| lp_us_his | No description | |
| m | No description available. |