Football regulations: Some FIFA rules on international transfers of professional footballers are contrary to EU law. Those rules hinder the free movement of players and competition between clubs.
Volodymyr Zelenskyy and Ursula von der Leyen discussed in detail the support for Ukraine’s energy sector, including necessary resources and strengthening the protection of critical infrastructure.
Speaking at an event hosted by the German Marshall Fund on Thursday (19 September 2024), Secretary General Jens Stoltenberg shared five key lessons for NATO’s continued success following a decisive decade at the helm of NATO.
The European Commission today took a decisive step in reinforcing support for Ukraine by proposing a comprehensive financial assistance package, consisting of a Ukraine Loan Cooperation Mechanism of up to €45 billion, and an exceptional Macro-Financial Assistance (MFA) loan of up to €35 billion.
The EU Commission has approved the acquisition of joint control of TBX NewCo Spain S.L.U. of Spain and TBX Upstream Seamless Pipes L.L.C. of the UAE by Tubacex S.A. of Spain and Mubadala Investment Company P.J.S.C. (‘Mubadala’) of the UAE. The transaction relates primarily to the manufacture of oil country tubes for the exploration and extraction of oil and gas.
According to BusinessEurope, the EU should pursue a new generation of bilateral arrangements with third countries, proposing a wide range of options and instruments to partners. This should include: fully-fledged trade agreements, sectorial agreements for willing sectors, partnerships on digital, critical raw materials or regulatory cooperation, and Global Gateway initiatives.
The European Commission has today raised €10 billion of EU-Bonds in its 8th syndicated transaction for 2024, €5 billion of which in the form of NextGenerationEU (NGEU) Green Bonds.
U.S. Commerce Department unveils first-of-its kind diagnostic supply chain risk assessment tool as Secretary Raimondo and Deputy Secretary Graves highlight how the Commerce Department is working to make America’s supply chains more resilient.
Participants are discussing how EU industry, in close cooperation with governments and EU institutions, can engage in a trust-based partnership to tackle the circumvention of EU sanctions on sensitive goods.
The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the EU financial system. The ESAs warn national supervisors of the financial stability risks stemming from these uncertainties and call for continued vigilance from all financial market participants. For the first time, the Report also dives deep into credit risks in the financial sector.
Tax rulings: The EU Court of Justice sets aside the judgment of the EU General Court concerning tax rulings issued by Ireland in favour of Apple. The Court of Justice gives final judgment in the matter and confirms the European Commission’s 2016 decision: Ireland granted Apple unlawful aid which Ireland is required to recover.
Common foreign and security policy (CFSP): The EU Court of Justice clarifies the scope of the jurisdiction of the Courts of the European Union. The Court of Justice has jurisdiction, in that context, to assess the legality of acts or omissions which are not directly linked to political or strategic choices coming under that policy or to interpret them.
Restrictive measures against Russia: The confiscation of the entire proceeds of a brokering transaction covered by the prohibition on providing brokering services for military equipment is permitted. In addition, the Court has jurisdiction to interpret a measure of general scope of a CFSP decision which should have been implemented in a regulation and which forms the basis for a national sanction.
The EU Court of Justice upholds the fine of €2.4 billion imposed on Google for abuse of its dominant position by favouring its own comparison shopping service. The appeal lodged by Google and Alphabet is dismissed.
“The first lesson is that Cohesion Policy is needed more than ever. There are many structural challenges ahead. The green transition. The digital revolution. Demographic changes, including an aging – and declining – population” – EU Commissioner Elisa Ferreira.
The EU Commission has concluded that three German measures in favour of Ryanair and the Frankfurt-Hahn airport are incompatible with EU State aid rules. Germany must now recover the incompatible aid, including interest. The Commission has also found ithat other public funding measures for Frankfurt-Hahn airport, Haitec AG and Ryanair do not constitute State aid.
Nine European Coordinators have been designated today to help complete the Trans-European Transport Network (TEN-T), a vast infrastructure network of railways, roads, and inland waterways connecting the European Union.
The EU Commission has approved under the EU Merger Regulation the acquisition of joint control of OnTower Austria GmbH, based in Austria, by Electricité de France S.A. and Vauban Infrastructure Partners S.C.A., both based in France. The transaction mainly concerns the telecommunications sector in Austria.
Today, the EU and the Republic of Serbia have signed a Memorandum of Understanding (MoU) launching a Strategic Partnership on sustainable raw materials, battery value chains and electric vehicles.
EU Commissioner for Justice, Didier Reynders, travels to Washington DC to conduct the first review of the new framework for safe and trusted EU-US data flows. In its 2023 adequacy decision for the EU-US Data Privacy Framework, the Commission concluded that the US ensures an adequate level of protection for personal data transferred from the EU to US companies.
“Generation after generation have made Europe, have chosen a strong Europe. And now that responsibility is up to us. The last five years have shown what we can do together. Let us do it again. Let us make the choice of strength. Let us make the choice of leadership. Let us make the choice of Europe” – Ursula von der Leyen.
Europe now faces a clear choice. A choice to either face up to the uncertain world around us alone. Or to unite our societies and unite around our values. A choice to be dependent, to let the divisions weaken us. Or to be bold in our ambition and sovereign in our action, working with our partners around the world. A choice to ignore new realities or the speed of change. Or to be clear-eyed about the world and threats around us as they really are. A choice to let the extremists and appeasers prevail. Or to ensure our democratic forces stay strong.
The European Union and the Republic of Korea announce support for four jointly funded projects in semiconductors as a deliverable of the EU-Republic of Korea Digital Partnership.
The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published today the second batch of policy products under the Digital Operational Resilience Act (DORA).
The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) will establish the EU systemic cyber incident coordination framework (EU-SCICF).
The EU Commission has selected 134 transport projects to receive over €7 billion in EU grants from the Connecting Europe Facility (CEF), the EU’s instrument for strategic investment in infrastructure. This represents the largest call under the current CEF Transport programme.
Digital Markets Act: The EU General Court dismisses the action brought by Bytedance (TikTok) against the decision of the Commission designating it as a gatekeeper.
Verfahren gegen Betreiber der illegalen Internetplattform movie2k: Notveräußerung von fast 50.000 Bitcoins abgeschlossen – 2,639 Milliarden Euro vorläufig gesichert.
Asylum policy: The designation of a third country as a safe country of origin must cover its entire territory. The national court examining the lawfulness of an administrative decision refusing to grant international protection must raise the failure to take account of the rules of EU law on the designation of a third country as a safe country of origin.
A recent report by the EU Agency for Fundamental Rights on the situation of Jewish people in the EU was alarming: Almost all the European Jews surveyed (96%) had encountered antisemitism in the previous 12 months, and most (74%) had encountered it both online and offline. What does the EU Commission do against this wave of antisemitism?
Hunagrian foreign minister said Hungary’s insistence on protecting its sovereignty had become the “antithesis of the liberal mainstream”.
On 24 August, the EU marked the 33rd anniversary of Ukraine’s independence from the Soviet Union—a day dedicated to celebrating Ukraine’s unique history, culture, and identity. This day also serves as a reminder to Russia that Ukraine, as a sovereign, free, and independent state, has the inherent right to determine its own foreign policy and security arrangements, in full accordance with international law and the Helsinki Final Act.
According to the IAEA, the seven indispensable pillars of nuclear safety during an armed conflict and the five concrete principles – established to protect the Zaporizhzhya NPP but applicable to any nuclear power plant – must be respected.
During Overdose Awareness Week as the nation honors and remembers loved ones lost to the drug overdose epidemic, the Financial Crimes Enforcement Network (FinCEN) reminds financial institutions to monitor for and report suspicious transactional activity related to the illicit fentanyl supply chain and the trafficking of illicit fentanyl and other synthetic opioids.
The President of the European Council Charles Michel visita the Gulf region on 27-29 August. Michel holds consultations regarding the first-ever Summit between the European Union (EU) and the Gulf Cooperation Council (GCC) taking place on 16 October 2024 in Brussels. He will also discuss other issues, e.g. the crisis in the Middle East and Russia’s war against Ukraine.
The European Union is appalled by the decree recently issued by the Taliban, the so-called Law on Propagation of Virtue and Prevention of Vice. The decree confirms and extends severe restrictions on the life of Afghans imposed by the Taliban, including imposed dress codes, notably ordering women to cover their bodies and faces in public.
The EU welcomes the interim report of the UN Panel of Experts, invited by Venezuela’s National Electoral Council (CNE) to assess the overall conduct of the elections within the framework of the Barbados Agreement. As of today, Venezuelan authorities have not provided the necessary public evidence to assess the electoral process according to the standards indicated by the UN panel of experts.
On the occasion of the port call at Tokyo by two German Navy ships: Frigate “Baden-Württemberg” and Supply Ship “Frankfurt-am-Main”, a roundtable on sanctions enforcement at sea was organised by the Delegation of the European Union (EU) to Japan and the Embassy of the Federal Republic of Germany in Japan, with support from the EU project, Enhancing Security Cooperation In and With Asia (ESIWA).
The EU has released an additional allocation of €35 million for humanitarian assistance to West Africa, as the region continues to face a dire humanitarian situation.
The International Atomic Energy Agency (IAEA) has been informed by the Russian Federation today that the remains of a drone were found within the territory of the Kursk Nuclear Power Plant. The drone fragments were reported to have been located roughly 100 metres from the plant’s spent fuel nuclear storage facility.
“Supporting Ukraine is the Government’s top foreign policy priority. By appointing a special envoy, the Government is stepping up Sweden’s engagement and prospects of further contributing to Ukraine’s reconstruction,” says Minister for Foreign Affairs Tobias Billström.
The EU Commission has approved the acquisition of joint control of TBX NewCo Spain S.L.U. of Spain and TBX Upstream Seamless Pipes L.L.C. of the UAE by Tubacex S.A. of Spain and Mubadala Investment Company P.J.S.C. (‘Mubadala’) of the UAE. The transaction relates primarily to the manufacture of oil country tubes for the exploration and extraction of oil and gas.
EU Commissioner for Health and Food Safety, Stella Kyriakides, and Canada’s Minister of Health, the Honourable Mark Holland, held a virtual meeting to launch the EU-Canada Health Policy Dialogue under the EU-Canada Strategic Partnership Agreement.
Ministers and Deputy Ministers as well as high-level representatives from the energy industry, the financial sector, infrastructure operators, regional and international organizations, and the European Union discuss the necessary development of cross-border energy infrastructure, such as electricity interconnectors and hydrogen pipelines.
After the publication of Mario Draghi’s report on Future European Competitiveness, politicians in the European Parliament and European stakeholder have commented on the main results. Insight EU is collecting their reactions that could be headlined as “Wake-up Call for Europe”.
The vision that drives Europe forward is to create conditions where businesses thrive, the environment is protected, and everyone has an equal chance at success. Sustainable competitiveness should make sure businesses are productive and environmentally friendly. Economic security ensures that our economy can handle challenges and protect jobs. With open strategic autonomy, Europe is not just open for business; but is shaping a better, fairer world.
IAEA Director General Rafael Mariano Grossi examined a cooling tower at Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP) this week to assess the damage it suffered in a major fire last month, the latest incident underlining persistent nuclear safety and security dangers at the site during the military conflict.
Keynote speech by Frank Elderson, Member of the ECB Executive Board and Vice-Chair of the ECB Supervisory Board, at the ESCB Legal Conference 2024 on “Nature-related risk: legal implications for central banks, supervisors and financial institutions”.
The state aid scheme is aimed at supporting livestock farmers in the introduction of a more climate-friendly dairy production by reducing methane emissions. It will contribute to meeting the national binding reduction target of reducing greenhouse gas emissions from the agricultural and forestry sectors.
During a webinar, EEX, as the common auction platform, presented several options to access the emissions auctions, the auction process as well as the secondary emissions market.
“Promoting Regional Outreach to Educate Communities on the Threat of Fentanyl” (or PROTECT) is a series of ten U.S. FinCEN Exchange sessions held in 2024 in U.S. cities highly impacted by the opioid epidemic as part of the U.S. Treasury Department’s Counter-Fentanyl Strike Force.
ACER has already made several amendments to the system operators’ proposal to ensure it aligns with the existing legal framework, follows the European principle of proportionality and maintains legal clarity.
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