INSIGHT EU MONITORING – Page 29 – EU and global regulatory and policy observatory. Collecting and fact-checking first-hand documents, policy positions, data, and investigations on business & finance, digitization, security, and sustainability.

ON THE TOP

Short-term outlook of agricultural markets: Gradual but fragile return to stability

After severe shocks and high volatility, EU agricultural markets are showing positive signs of stabilising as input costs have steadily declined over the past months and food inflation has returned to a moderate rate. The macroeconomic and food price environment points to possible improvements in demand. Nonetheless, the outlook suffers from high degree of uncertainty, linked to weather events, geopolitical conflicts, as well as animal and plant diseases.

08/10/2024

PEPP: EIOPA proposes a broad reform to tackle Europe’s pension gap

The European Insurance and Occupational Pensions Authority (EIOPA) published a Staff Paper on the future of the Pan-European Pension Product (PEPP). The paper sets out the reasons behind the limited uptake of the PEPP and suggests improvements to its design to overcome supply-side, demand-side and structural barriers hindering its broader adoption.

12/09/2024

EU Commission deepens investigation into the sale of the Nürburgring racetrack

The EU Commission opens an in-depth investigation into the sale of the German Nürburgring racetrack complex to Capricorn Nürburgring Besitzgesellschaft GmbH. The measure was found to be in line with State aid rules in October 2014, but this decision was annulled by the Court of Justice on 2 September 2021.

12/09/2024

China: EU launches social media campaign on green transition and environment

Following a first edition in 2021, the EU Delegation brings back the Sustainability Tour, inviting the Chinese public on a virtual trip across China to learn about cooperation between the European Union and China.

12/09/2024

LATEST NEWS TICKER

New Eurobarometer surveys: Strong citizen and business support for Schengen

08/10/2024

Short-term outlook of agricultural markets: Gradual but fragile return to stability

08/10/2024

COP29: EU Council approves conclusions on climate finance

08/10/2024

Protecting minors online: EU Commission gathers good practices

08/10/2024

Main transport files: EP Committee ready to start talks with EU Council

08/10/2024

Budget MEPs: EU budget to focus on research, health, education, and climate action

08/10/2024

Cross-border health threats: 1st HERA Invest agreement signed

08/10/2024

European Week of Regions and Cities looks ahead to the future of Cohesion Policy

08/10/2024

Romania: EU Commission approves €500m biofuel production state aid

08/10/2024

Global water resources: New WMO report highlights growing shortfalls and stress

07/10/2024

UN Carbon Market: Mandatory environmental and human rights safeguards agreed

07/10/2024

Israel: EU statements one year after the 7th October terrorist attacks by Hamas

07/10/2024

AI and Intellectual Property: HIPO conference examines relationship

07/10/2024

Defending the Earth: Hera mission heading for deflected asteroid

07/10/2024

Floods in Bosnia and Herzegovina: EU sends search and rescue teams

07/10/2024

Internal EU border controls and their impact on Schengen: EU Commissioner Johansson

07/10/2024

EU Commission launches EU Repo Facility to act as sovereign-style issuer

07/10/2024

Mental Health and Triple Planetary Crisis: Video message by EU Commissioner Kyriakides

07/10/2024

Main results of the Eurogroup meeting on 7 October 2024

07/10/2024

UN Pact for the Future: EU written explanation of its positions

07/10/2024

BUSINESS

New Eurobarometer surveys: Strong citizen and business support for Schengen

Today, the EU Commission published two new Eurobarometer surveys which show increased citizen and business appreciation of the Schengen area, compared to the previous survey in 2018.

08/10/2024

Netherlands: EU Commission approves state aid amendments related to Russian war

The EU Commission has approved amendments to an existing Dutch scheme, including a €50 million budget increase, to support agricultural producers in the context of Russia’s war against Ukraine. The amendments were approved under the State aid Temporary Crisis and Transition Framework (“TCTF”).

13/08/2024

RescEU: Production of twelve amphibious firefighting planes takes off

The planes will be financed by the European Commission and will become the new backbone of the EU’s crisis response to tackle forest fires. Aircraft from the rescEU reserves can be rapidly deployed in case a country is facing severe wildfires that require additional support.

13/08/2024

EU Commission disburses first regular payment under the Ukraine Facility

Today, the European Commission has disbursed nearly €4.2 billion to Ukraine under the first Pillar of the Ukraine Facility. This brings to €12 billion the total EU funding disbursed to the Ukrainian government under the Facility, so far.

13/08/2024

Ukraine: IMF Managing Director Georgieva’s statement to the financial community

“The Ukrainian authorities have done a remarkable job in implementing an ambitious economic reform program supported by the IMF, aiming to sustain economic and financial stability at a time of exceptionally high uncertainty, restore debt sustainability, and promote Ukraine’s advancements on the path toward EU accession” – Kristalina Georgieva, IMF Managing Director.

13/08/2024

EBA responds to postponing the application of the EU market risk framework

Following the EU Commission’s Delegated Act postponing the application of the revised market risk framework in the EU, the European Banking Authority (EBA) publishes a no-action letter on the boundary between the banking book and the trading book and shares its considerations on technical questions and issues arising from the postponement.

12/08/2024

Insight EU Finance Monitoring Weekly: 5 – 9 August 2024

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.

12/08/2024

EU Court of Justice transfers preliminary rulings in six areas to the EU General Court

The implementation of this transfer from the Court of Justice to the General Court of part of the jurisdiction to give preliminary rulings is part of the extension of the reform of the judicial framework of the European Union and will affect questions referred for a preliminary ruling from 1 October 2024.

12/08/2024

EU taxation: Looking back, and ahead – EU Parliament background

As the new parliamentary mandate begins, this note looks back at notable achievements of the previous legislative term in the area of taxation. It then looks ahead to possible future action that could help the Member States and the European Union (EU) meet revenue needs in the context of climate and defence spending requirements.

10/08/2024

EU Commission clears acquisition of Czech Gas Networks by ČEZ and BCI

The European Commission has approved the acquisition of joint control of Czech Gas Networks S.à r.l. of Luxembourg, by ČEZ, a. s., of Czechia, and British Columbia Investment Management Corporation of Canada. The transaction relates primarily to the distribution and retail supply of gas in Czechia.

10/08/2024

EU Commission clears acquisition of AOA by SCP and BCI

The European Commission has approved the acquisition of joint control of AOA Top Tier II L.P. by Searchlight Capital Partners, both of the US, and British Columbia Investment Management Corporation of Canada. The transaction relates primarily to billboard advertising and outdoor advertising displays.

10/08/2024

EU Commission clears acquisition of Globus Holding by Harng Central Department

The European Commission has approved the acquisition of sole control of Globus Holding AG of Switzerland by Harng Central Department Store Limited of Thailand. The transaction relates primarily to the retail of non-food products sector.

10/08/2024

Insight EU Finance Monitoring Weekly: 29 July – 2 August 2024

09/08/2024

DIGITIZATION

Protecting minors online: EU Commission gathers good practices

On 4 October, the EU Commission held a multi-stakeholder workshop to collect input for the guidelines on protection of minors under the Digital Services Act (DSA). The guidelines will assist providers of online platforms to ensure a high level of privacy, safety and security for minors.

08/10/2024

A Photo of LUMI, EuroHPC Joint Undertaking’s flagship supercomputer operated by the LUMI consortium, the most powerful supercomputer in Europe

EuroHPC for AI development: EU Council reaches political agreement

The EU Council has reached a political agreement, today, on a regulation to expand the objectives of the European High Performing Computer Joint Undertaking (EuroHPC), aimed at boosting Europe’s leadership in artificial intelligence (AI).

23/05/2024

Critical raw materials: EU secures access to diversified, sustainable supply (updated)

Critical raw materials are resources that are considered important for the whole European economy and face a high risk of supply disruption. The European Critical Raw Materials Act contains a list of critical raw materials and codifies the methodology used for the assessment in law, which will be used to update the critical raw materials list periodically.

23/05/2024

Key decisions of the EU Commission’s May infringements package

The key decisions taken by the EU Commission are presented in this report. The Commission is also closing 74 cases in which the issues with the Member States concerned have been solved without the Commission needing to pursue the procedure further.

23/05/2024

How space can contribute to Europe’s competitiveness – EU Council conclusions

“The space sector will play an increasingly important role in the strategic autonomy of Europe. An ambitious space policy will create business opportunities and quality jobs in this fast-growing sector, and will also help our economy, both industry and services, to accelerate the green and digital transitions and be better prepared to compete at global level” – Belgian EU Presidency.

23/05/2024

Belgian EU Presidency: The citizen’s panel on AI issues its report

Randomly select 60 citizens from all four corners of Belgium. Give them an exciting topic to explore. Add a few local players. Season with participation experts. Bake for three weekends at the Egmont Palace conference centre. And you’ll end up with the rich and ambitious views of citizens on the future of artificial intelligence (AI) in the EU.

23/05/2024

Eurobarometer survey confirms EU must reinforce cybersecurity skills

A Eurobarometer survey published today indicates that the cyber skills shortage is increasing, there is a need for more cybersecurity specialists and we need to increase the number of highly cybersecurity-aware staff in every company across the EU.

22/05/2024

Hybrid Rapid Response Teams: EU Commission welcomes the Council approval

Brussels, 22 May 2024 The EU Commission welcomes the Council approval on the Guiding framework

22/05/2024

Digital policy: EU Council identifies priorities for the next legislative cycle

The EU Council has approved conclusions on the future of the EU digital policy, identifying the main priorities that will be developed in the upcoming legislative cycle.

22/05/2024

EU Council approves conclusions on cybersecurity and cyberresilience

The Council has approved conclusions on the future of cybersecurity aiming to provide guidance and setting the principles towards building a more cybersecure and more resilient Union.

22/05/2024

Results of the EU Transport, Telecommunications and Energy Council, 21 May 2024

Brussels, 21 May 2024 Ministers held a policy debate on a collaborative approach to coherent implementation of

22/05/2024

SECURITY

New Eurobarometer surveys: Strong citizen and business support for Schengen

Today, the EU Commission published two new Eurobarometer surveys which show increased citizen and business appreciation of the Schengen area, compared to the previous survey in 2018.

08/10/2024

Stoltenberg underlines NATO cooperation with Indo-Pacific and EU partners

NATO Secretary General Jens Stoltenberg underlined the “strong and deepening cooperation” between NATO and its Indo-Pacific partners – Australia, Japan, the Republic of Korea, and New Zealand – and the European Union at its Summit in Washington on Thursday.

12/07/2024

Hungary opposes Ukraine mission: “NATO should win peace, not wars”

Viktor Orbán reminded that NATO was started 75 years ago with the aim of protecting the security of its members. Today, however, it seems to have moved away from its original purpose, behaving more and more like a war organization. One of the signs of this is that NATO is taking an increasingly active role in the Russian-Ukrainian war, he added.

12/07/2024

Ukraine Compact: Declaration of support

The Ukraine Compact affirms that the security of Ukraine is integral to the security of the Euro-Atlantic region and beyond, and that we intend to support Ukraine until it prevails against Russia’s aggression.

12/07/2024

Israel/Palestine: G7 Foreign Ministers’ statement on the situation in the West Bank

The G7 Foreign Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom, and the USA as well as the High Representative of the EU, join the UN and the European Union in condemning the announcement by Finance Minister of Israel Smotrich that five outposts are to be legalised in the West Bank.

12/07/2024

Pressestatement von Bundeskanzler Olaf Scholz am zweiten Tag des NATO-Gipfels

“Die Vereinigten Staaten haben beschlossen, Präzisionsraketen in Deutschland zu stationieren – ein guter Beschluss, der zu dem passt, was wir bereits beschlossen haben. Schon auf der Münchner Sicherheitskonferenz hatte ich darauf hingewiesen, dass wir solche Präzisionsflugkörper angesichts der verschiedensten von Russland in Europa installierten Waffensysteme brauchen” – Bundeskanzler Olaf Scholz beim NATO-Gipfel in Washington D.C.

11/07/2024

Statement of the NATO-Ukraine Council by the Heads of State and Government

“Russia’s war against Ukraine has shattered peace and stability in the Euro-Atlantic area and has had a profound impact on the safety, security, and welfare of billions of people around the world. Russia has not shown any genuine openness to a just and lasting peace. Allies welcome and support President Zelenskyy’s continuous commitment to advance a comprehensive, just, and lasting peace through his Peace Formula and the Peace Summit process, including the important first Summit in Switzerland” – NATO-Ukraine Council.

11/07/2024

NATO Secretary General meets with the President of Ukraine

NATO Secretary General at the Washington Summit: “Ukraine’s future is in NATO”

NATO Secretary General Stoltenberg welcomed President Zelenskyy to a meeting of the NATO-Ukraine Council at the Washington Summit. He underlined NATO’s “robust package of practical support for Ukraine, including a pledge of long-term security assistance”. He added that “NATO’s support is built to last”, and that “Ukraine’s future is in NATO”.

11/07/2024

NATO Summit endorses new NATO Policy on Women, Peace, and Security

NATO acknowledges that gender mainstreaming enhances NATO’s political decision-making, operational effectiveness, and all efforts to achieve gender equality. It also recognises that gender equality and the WPS agenda are integral to sustainable peace and reflect the Alliance’s core values and priorities.

11/07/2024

Poland: NATO missile defence base now mission ready

A new U.S. ballistic missile defence site in Redzikowo, Poland is now operational and available for the defence of the Alliance. Dubbed “Aegis Ashore”, the site is part of a larger NATO missile shield and is designed to detect, track and intercept ballistic missiles in flight.

11/07/2024

NATO-Jordan statement on opening a NATO Liaison Office in Amman

The plan demonstrates NATO’s commitment to reinforcing engagement and cooperation with its partners in the Middle East and North Africa, including through the establishment of its first-ever liaison office in the region, in Amman, the Hashemite Kingdom of Jordan.

11/07/2024

Allies agree to establish new NATO Integrated Cyber Defence Centre

The NATO Integrated Cyber Defence Centre (NICC) will enhance the protection of NATO and Allied networks and the use of cyberspace as an operational domain.

11/07/2024

U.S. Factsheet on the 2024 NATO Summit in Washington

NATO is as united as it has ever been and it is larger, stronger, and better resourced than ever. President Biden will reaffirm the United States’ unwavering commitment to the transatlantic bond and Article 5 of the Washington Treaty – that an attack on one is an attack on all.

11/07/2024

SUSTAINABILITY

Short-term outlook of agricultural markets: Gradual but fragile return to stability

08/10/2024

Diphtheria: EU Commission signs joint procurement for medicine supply

The EU Commission’s Health Emergency Preparedness and Response Authority (HERA) has signed a joint procurement framework contract alongside EU Member States for the supply of a medicine used to treat diphtheria with the pharmaceutical company Scandinavian Biopharma Distribution AB.

06/08/2024

Industrial Emissions Directive: Supporting role for ECHA

The European Chemicals Agency’s data and expert advice on chemicals will be used to support regulation of industrial emissions in the EU.

05/08/2024

IPCC approves outlines of the first two reports in the 7th assessment cycle

The Intergovernmental Panel on Climate Change (IPCC) has agreed on the outlines of the IPCC Special Report on Climate Change and Cities and the 2027 IPCC Methodology Report on Inventories for Short-lived Climate Forcers.

05/08/2024

Ukraine: Energy Community Secretariat monitors development of energy market

Ukraine has made remarkable progress in its energy reforms, despite the massive Russian attacks on Ukrainian energy infrastructure which have caused significant destruction and damage to both generation capacity and network infrastructure.

05/08/2024

IEA and UK to convene major international energy security summit in London

Leaders and decision-makers from around the world will meet in the second quarter of 2025 to assess evolving energy security challenges, and to consider new approaches and actions to tackle them.

05/08/2024

EU Commission aproves the acquisition of HFO Group by PAI Partners (corrected)

The transaction primarily involves the operation of healthcare facilities providing inpatient and outpatient rehabilitation services, as well as preventive medicine and nursing care services.

05/08/2024

radioactive, graphic, nuclear power plant

IAEA: Verifying spent nuclear fuel in deep geological repositories

As the world looks to alternatives to fossil fuels to combat climate change, several countries are developing nuclear power programmes to provide a sustainable source of low carbon energy. Countries operating nuclear reactors are responsible for providing geological disposal capacity for high-level radioactive waste.

03/08/2024

IAEA Director General update on the situation in Ukraine on 2 August 2024

The water level in the cooling pond at Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP) continues to decrease. Despite all reactors remaining in a state of cold-shutdown, availability of this water is important for nuclear safety of the plant, Director General Rafael Mariano Grossi of the International Atomic Energy Agency (IAEA) said today.

03/08/2024

BusinessEurope publishes its policy priorities for 2024-2029

As a new legislative term begins, BusinessEurope is putting forward policy priorities across the areas of R&I, Sustainable Finance, the environment, and the circular economy.

02/08/2024

EU publishes real-world CO2 emissions and fuel consumption of cars and vans

The new data was recorded in 2022, using fuel consumption monitors installed on-board vehicles first registered in the EU in 2021 and 2022, and reported to the Commission in 2023. Compared to the previous publication, the data for cars now originates from a broader sample of 2.2 million vehicles registered in 2021 and 740 000 vehicles registered in 2022.

02/08/2024

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