At the 29th United Nations Climate Change Conference (COP29), the EU will support an effective, achievable and ambitious global goal on climate finance and will call for ambitious climate plans in order to keep the goal of limiting global warming to 1.5°C within reach.
Today, the Commission took part in an exercise called “Cyber Europe”, designed to test the preparedness in case of a large-scale cyber-attack on Europe’s energy sector.
“Preserving and sharpening Europe’s competitive edge in the face of such challenges requires not a reactive and piecemeal approach, but a well-thought out, multi-pronged strategy. Industrial policy may have a role to play as a small part of this strategy, but let me emphasize: in this case small—well-targeted and well-designed—is beautiful” – IMF Managing Director Georgieva.
The European Commission has concluded that Germany’s special tax schemes for public casinos operators are not in line with EU State aid rules. Germany must now recover the incompatible State aid, including interests, and abolish the tax schemes for the future.
The EU Council has adopted new rules to improve working conditions for the more than 28 million people working with digital labour platforms in the EU. The platform work directive increases the transparency of algorithms in human resources management, strengtening the rights of workers.
This is the final step of the ratification process of the agreement, through which the EU and Central America commit to a close, long-term relationship in all main policy areas.
The conclusions take stock of progress achieved in implementing the RRF and serve as political guidance to the Commission and member states in the context of the mid-term evaluation of the RRF that the Commission submitted to the Council on 21 February 2024.
The goal of the conference is to bring together policymakers, social partners, civil society and other experts to discuss the future of a social Europe and the continued implementation of the European Pillar of Social Rights.
The European Commission has approved, under the EU Merger Regulation (‘EUMR’), Illumina’s plan to divest GRAIL following the restorative measures requiring Illumina to unwind its completed acquisition of GRAIL, which the Commission adopted in October 2023.
The European Banking Authority (EBA) today published its 2023 Reports on the annual market and credit risk benchmarking exercises. These exercises aim at monitoring the consistency of risk weighted assets (RWAs) across all EU institutions authorised to use internal approaches for the calculation of capital requirements.
The IMF Board commended Ms. Georgieva’s “strong and agile leadership during her term, navigating a series of major global shocks”. She “led the IMF’s unprecedented response to these shocks, including the approval of more than $360 billion in new financing since the start of the pandemic for 97 countries”.
The European Parliament on Thursday granted discharge to the Commission, all decentralised agencies and the development funds.
The bank failures in 2023 in the US and Switzerland presented the most significant test since the global financial crisis of the reforms to end “too-big-to-fail.” according to the IMF, they showed that significant progress has been made, but further work is required.
The United States and Iceland committed to continue building upon their existing strong economic ties, deep-rooted cultural and historic relationships, common values of democracy and human rights, and mutual bilateral cooperation.
EU Commission EVP Margrethe Vestager, US FTC Chair Lina Khan, and the Assistant Attorney General of the US Department of Justice Antitrust Division, Jonathan Kanter, met in Washington for the 4th meeting of the EU-US Joint Technology Competition Policy Dialogue. Their aim: ensuring and promoting fair competition in the digital economy.
The Eurogroup held a third exchange of views on the external competitiveness of the euro area. The discussion focussed on trade performance of the euro area, risks of trade fragmentation and policy avenues to strengthen the euro area’s competitiveness in an increasingly fragmented global environment.
These Guidelines set harmonised criteria to address the observed diversity in the application of the group capital test across the EU and help ensure a level playing field.
The EU Council has adopted new rules to improve working conditions for the more than 28 million people working with digital labour platforms in the EU. The platform work directive increases the transparency of algorithms in human resources management, strengtening the rights of workers.
Brussels, 14 July 2022 Legislation setting up a roadmap for digital skills, infrastructure, businesses and
Brussels, 13 July 2022 Commission’s legislative proposal broadly in line with Parliament’s previous suggestions MEPs
Brussels, 11 July 2022 The European Commission has approved, under the EU Merger Regulation, the
Brussels, 8 July 2022 The aim of the hearing which will take place on the
Brussels, 8 July 2022 The European Commission has approved, under EU State aid rules, a
07 July 2022 The scale and impact of ransomware attacks have increased significantly over the
Opening Remarks at Peer-Learning Series on Digital Money/Technology: Central Bank Digital Currency and the Case
Following the Russian war of aggression against Ukraine, millions have fled to the EU –
EU INTERNET STRATEGY EU and international partners put forward a Declaration for the Future of
CZECH EU PRESIDENCY Czech EU Presidency puts focus on regions and cities’ challenges and responses
The new listings include Evghenia Guţul, who is the Governor (‘Bashkan’) of the Autonomous Territorial Unit of Gagauzia, and is responsible for promoting separatism in that region, thereby attempting to overthrow the constitutional order and threatening the sovereignty and independence of Moldova.
The European Banking Authority (EBA) today extended its Guidelines on money laundering (ML) and terrorist financing (TF) risk factors to crypto-asset service providers (CASPs). The new Guidelines highlight ML/TF risk factors and mitigating measures that CASPs need to consider, representing an important step forward in the EU’s fight against financial crime.
Recent weeks have seen a steep increase in civilian casualties in Ukraine following an intensification of Russian attacks, the UN Human Rights Monitoring Mission in the country, HRMMU, said in a new report issued on Tuesday. Hundreds of people across the country were killed or wounded in drone and missile strikes in the 10-day period between 29 December and 8 January alone.
France utterly condemns the terrorist attack in Ra’anana today, which killed at least one person and injured 17 others, including several children. Nothing justifies terrorism. Two young compatriots are among those injured. The French Consulate General in Tel Aviv is working flat out to support our nationals in Ra’anana.
France utterly condemns the attack carried out on Erbil, the capital of Iraq’s autonomous Kurdistan Region, which included the use of ballistic missiles, on the evening of 15 January, for which the Iranian Revolutionary Guards have claimed responsibility. Such acts are flagrant, unacceptable, worrying violations of Iraq’s sovereignty and undermine its stability and security, and Kurdistan’s within it. They are helping to escalate regional tensions and must stop.
France condemns in the strongest terms the attack on the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA) which took place on January 15 in Mbindale, located in the Lim-Pendé prefecture, and killed one Cameroonian peacekeeper. We offer our condolences to the deceased soldier’s loved ones and to the Cameroonian authorities. We wish those who were injured a speedy recovery.
The economic outlook is still subject to many downside risks.
This makes it all the more important for Member States to maintain the implementation of Recovery and Resilience Plans, putting the relevant reforms and investments into effect – quickly and in full.
This is crucial for our resilience and competitiveness.
The Council decided today to add one individual to the EU terrorist list. This decision comes as part of European Union’s response to the threat posed by Hamas and its brutal and indiscriminate terrorist attacks in Israel on 7 October 2023. These sanctions are effective as of today. The individual designated today is Yahia Sinouar, the political leader of Hamas. Following his listing, Yahia Sinouar is subject to the freezing of his funds and other financial assets in EU member states. It is also prohibited for EU operators to make funds and economic resources available to him.
The measures target Ahmed Khaled Müller, a member of Al-Shabab in Somalia. The sanctioned individual has participated in combat operations and committed terrorist acts on behalf of Al-Shabab. The latter operates in the Horn of Africa region, is responsible for numerous terrorist acts in Kenya, Somalia, as well as neighbouring countries, and is affiliated with Al-Qaida. With this new listing and the de-listing of a deceased individual today, a total of 15 persons are subject to a travel ban and an asset freeze, and five groups to an asset freeze. In addition, EU persons and operators are forbidden from making funds or economic resources available to the listed persons and groups.
He reminded that during the consultations in Malta, the first five points of the Peace Formula were discussed, namely: nuclear safety, food and energy security, release of prisoners and deportees, restoration of Ukraine’s territorial integrity and sovereignty. Five more points of the Formula were presented in Davos: the withdrawal of Russian troops and the cessation of hostilities, the restoration of justice, environmental safety, the prevention of escalation and recurrence of war, and the issue of confirming the end of the war.
The belligerent autocratic state was making a comeback – having got away with the illegal annexation of Crimea in 2014, Putin launched his brutal invasion of Ukraine eight years later. And as Russia continues its illegal campaign in Ukraine, China is assessing whether the West loses its patience. Today, Russia and China have been joined by new nuclear, and soon to be nuclear, powers. North Korea promising to expand its own nuclear arsenal.
And then there is Iran, whose enriched uranium is up to 83.7%, a level at which there is no civilian application.
The freedom of navigation really matters. Since November 19, there have been 26 attacks on shipping in the Red Sea. Not acting would be accepting that illegal and unacceptable Houthi attacks could virtually shut a vital sea lane with relative impunity.
We have to recognise the connection between events overseas and our lives at home. Experience in recent years makes it absolutely clear: the actions of malign actors abroad matter to us at home.
The Home Secretary, James Cleverly, has today (15 January) laid a draft order before Parliament to proscribe the international Sunni Islamist political organisation Hizb ut-Tahrir under the Terrorism Act 2000. If agreed by Parliament, the order will come into force on 19 January 2024. This means that belonging to, inviting support for and displaying articles in a public place in a way that arouses suspicion of membership or support for the group will be a criminal offence.
The new rules will contribute to the EU’s objective on zero pollution by 2050 and will help prevent premature deaths due to air pollution. EU citizens will be able to seek compensation for damage to their health in cases where EU air quality rules are not respected.
This first ACER report was drafted in close cooperation with National Regulatory Authorities (NRAs), with input from the European Network of Transmission System Operators for Electricity (ENTSO-E) and RCCs.
With the updated guidance documents, ACER aims to further improve data reporting under REMIT to ensure the integrity and transparency of the European energy markets.
With 297 votes in favour, 190 against and 37 abstentions, Parliament adopted the deal reached with the Council on the Euro 7 regulation. Vehicles will need to comply with the new standards for longer, ensuring they remain cleaner throughout their lifetime.
The network code aims to establish a recurrent process of cybersecurity risk assessments in the electricity sector. These assessments are aimed at systematically identifying the entities that perform digitalised processes with a critical or high impact in cross-border electricity flows, their cybersecurity risks, and then the necessary mitigating measures that are needed.
Der Bundesminister für Wirtschaft und Klimaschutz, Robert Habeck, und seine Ministerkollegen Albert Rösti, Schweizer Bundesrat für Umwelt, Verkehr, Energie und Kommunikation, und Gilberto Pichetto Fratin, italienischer Minister für Umwelt werden das Abkommen im Rahmen des BETD nächste Woche unterzeichnen.
Nuclear power generated just over a fifth (21.8%) of the EU’s electricity in 2022, with 12 EU countries currently including it in their energy mix. The EU remains technologically neutral when it comes to energy sources – meaning the decision of where to supply energy from is for each EU country to take.
The 8th Environment Action Programme (EAP) mid-term review underlines the importance of achieving climate and environmental objectives also for their positive economic and social impacts, for example, in terms of improving wellbeing, health, resilience, or security of supply.
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. Germany faces issues in its green domains: habitats, noise, and renewable energies.
The new rules will reduce harmful emissions from industrial installations and large pig and poultry farms to protect human health and the environment.
An UNCTAD solution for developing countries to digitalize and share data on natural resources gains renewed significance amid soaring demand for minerals vital for the transition to clean energy.
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